NOT LISTED FOR SALE

38122 Meerbug Way Lebanon, OR 97355

Estimated Value: $506,664 - $535,000

5 Beds
2.5 Baths
2,264 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $430,000 $190 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,954/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Den
  • 1-Story Property

About This Home

As of May 2021

Investors dream. 4 Bed 1 and a half bath main home at 1564 sq ft with an additional 700 sq ft 1 bed 1 bath rental on property! Both units are well cared for and recently updated. Rental unit currently rented for $1,000 a month. Live in the main home and keep the tenant for stable rental income!

Last Agent to Sell the Property

PATRICK CUOMO

CADWELL REALTY GROUP License #201210312 Listed on: 03/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,555

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,264 Sq Ft Home
  • 1-Story Property
  • Den
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Exclusions: Tenants property. Washer and dryer in main home
  • Tax Lot 04

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,555

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Yes
  • Home Warranty: Negotiable
  • Syndicated Remarks: Investors dream. 4 Bed 1 and a half bath main home at 1564 sq ft with an additional 700 sq ft 1 bed 1 bath rental on property! Both units are well cared for and recently updated. Rental unit currently rented for $1,000 a month. Live in the main home and keep the tenant for stable rental income!
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenants property. Washer and dryer in main home
  • Flooring: Carpet, Wood, Vinyl
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Den
  • Price Per Sq Ft: 189.93
  • Source Of Sq Ft: Owner
  • Price Per Sq Ft: 187.72

Exterior Features

  • Foundation: Continuous
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Forced Air, Gas
  • Septic: Standard
  • Water: Connected, Private/Community/Dist

Lot Info

  • Acres: 0.31
  • Estimated Lot Sq Ft: 13504
  • Lot: 04
  • Price Per Acre: 1370967.74
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2020
  • Tax Account Number: 214748
  • Tax Amount: 2555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 29, 2021
Sold by
Dennis Robert H and Dennis Karissa A
Bought by
Deckert Christopher Michael and Deckert Stephanie
Seller's Agent
PATRICK CUOMO
CADWELL REALTY GROUP
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$520,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,832
Avg. Annual Appreciation
4.41%
Original Mortgage
$429,650
Outstanding Balance
$389,370
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$131,462
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Deckert Christopher Michael $430,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deckert Christopher Michael $429,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2021 05/05/21 Sold $430,000 +1.2% $190 / Sq Ft
03/04/2021 03/04/21 For Sale $425,000 +97.7% $188 / Sq Ft
06/21/2019 06/21/19 For Sale $215,000 0.0% $170 / Sq Ft
05/29/2019 05/29/19 Sold $215,000 -- $170 / Sq Ft View Prior Sale
04/17/2019 04/17/19 Pending -- -- --
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,416 $194,770 -- --
2023 $2,345 $189,100 $0 $0
2022 $2,725 $183,600 $0 $0
2021 $2,608 $178,260 $0 $0
2020 $2,555 $173,070 $0 $0
2019 $2,490 $168,030 $0 $0
2018 $2,427 $163,140 $0 $0
2017 $2,374 $158,390 $0 $0
2016 $2,280 $153,780 $0 $0
2015 $2,142 $149,310 $0 $0
2014 $1,899 $144,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PATRICK CUOMO

    Seller's Agent in 2021

    PATRICK CUOMO

    CADWELL REALTY GROUP

    (541) 619-0089

    25 Total Sales

    PATRICK CUOMO
    Section Image
  • Leanna Langley

    Buyer's Agent in 2019

    Leanna Langley

    NEXTHOME REALTY CONNECTION

    (541) 908-2582

    103 Total Sales

    Leanna Langley
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 774374

Willamette Valley MLS

APN: 0214748

Oregon Linn County Lebanon 97355

38122 Meerbug Way, Lebanon, OR

This home is located at 38122 Meerbug Way, Lebanon, OR 97355 since 04 March 2021 and is currently estimated at $520,832, approximately $230 per square foot. This property was built in 1967. 38122 Meerbug Way is a home located in Linn County with nearby schools including Riverview School, Seven Oak Middle School, and Lebanon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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