NOT LISTED FOR SALE

38791 Olmart Way Lebanon, OR 97355

Estimated Value: $227,000 - $328,426

3 Beds
1.5 Baths
1,586 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $230,000 $145 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,618/month

100 Days on Market

Highlights

  • RV Access or Parking
  • Living Room with Fireplace
  • Covered Patio or Porch
  • Wood Burning Stove
  • Wood Flooring
  • First Floor Utility Room

About This Home

As of July 2024

Discover your diamond in the rough nestled on a spacious 0.27-acre lot, awaiting your personal touch. Just minutes from town, this home boasts, hardwood floors, a cozy fireplace, a sunroom & a well. The backyard features a covered deck & a fenced yard, offering ample space for gardening, relaxation, & entertaining. Got toys? There’s plenty of room! Let your imagination run wild with the endless possibilities this property presents. Schedule a showing today & envision the possibilities!!

Last Agent to Sell the Property

Rheola Coy

PREMIERE PROPERTY GROUP, LLC ALBANY License #201233845 Listed on: 02/02/2024

PREMIERE PROPERTY GROUP, LLC ALBANY

Last Buyer's Agent

Chad Harrington

EXP REALTY, LLC License #201225668

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot

Home Design

  • T111 Siding

Interior Spaces

  • 1,586 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • First Floor Utility Room
  • Electric Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Riverview Elementary School
  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Well
  • Gas Water Heater
  • Septic System
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,874

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Discover your diamond in the rough nestled on a spacious 0.27-acre lot, awaiting your personal touch. Just minutes from town, this home boasts, hardwood floors, a cozy fireplace, a sunroom & a well. The backyard features a covered deck & a fenced yard, offering ample space for gardening, relaxation, & entertaining. Got toys? There’s plenty of room! Let your imagination run wild with the endless possibilities this property presents. Schedule a showing today & envision the possibilities!!
  • Cross Street: Hwy 20
  • Year Built: 1962
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Wood
  • Wood Burning Stove: Certification Unknown
  • Flooring: Wood, Vinyl
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 13.1x11.2, On Level: 1/Main
  • Bedroom 2: Dimensions: 12x10.10, On Level: 1/Main
  • Bedroom 3: Dimensions: 13.1x11.7, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 12.7x15.7, On Level: 1/Main
  • Living Room: Dimensions: 17.6x17.6, On Level: 1/Main
  • Kitchen: Dimensions: 15.5x10.10, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: light ylw
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Siding Style: T111

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Wood, Forced Air
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Acres: 0.27
  • Estimated Lot Sq Ft: 11761
  • Lot: .
  • Lot Type: Irregular
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Amount: 1874

MLS Schools

  • HighSchool: Lebanon
  • Middle School: Seven Oak
  • Elementary School: Riverview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Jun 28, 2024
Sold by
Emineth Kevin Lee and Romero Lilia G
Bought by
Schmidt Scott
Seller's Agent
Rheola Coy
PREMIERE PROPERTY GROUP, LLC ALBANY
Buyer's Agent
Chad Harrington
EXP REALTY, LLC
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
153
Current Estimated Value
$277,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,713
Avg. Annual Appreciation
15.23%
Original Mortgage
$223,100
Outstanding Balance
$220,054
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$57,659

Purchase Details

Listed on
Feb 11, 2015
Closed on
Oct 11, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Emineth Kevin Lee and Romero Lilia G
Seller's Agent
Gladys Blum
BLUM REAL ESTATE
Buyer's Agent
Gladys Blum
BLUM REAL ESTATE
List Price
$115,000
Sold Price
$88,000
Premium/Discount to List
-$27,000
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Feb 2, 2015
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 24, 2014
Sold by
Whitaker Donald R and Whitaker Patricia A
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 4, 2014
Sold by
Whitaker Donald R and Whitaker Patricia A
Bought by
Bank Of America Na

Purchase Details

Closed on
Apr 21, 2008
Sold by
Wells Fargo Bank Na
Bought by
Whitaker Donald R and Whitaker Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,646
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 23, 2008
Sold by
Schwartzengraber Donald R and Schwartzengraber Wanda W
Bought by
Wells Fargo Bank Na
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
Schmidt Scott $230,000 Ticor Title
Emineth Kevin Lee $88,000 Fidelity National Title
Secretary Of Housing & Urban Development -- None Available
Bank Of America Na $76,540 First American Title
Bank Of America Na $76,540 First American Title
Whitaker Donald R $114,415 Fidelity National Title
Wells Fargo Bank Na $138,314 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Scott $223,100
Previous Owner Whitaker Donald R $112,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 Sold $230,000 0.0% $145 / Sq Ft
05/08/2024 05/08/24 Price Changed $230,000 -8.0% $145 / Sq Ft
03/23/2024 03/23/24 For Sale $250,000 +184.1% $158 / Sq Ft
10/14/2016 10/14/16 Sold $88,000 -23.5% $56 / Sq Ft View Prior Sale
09/12/2016 09/12/16 Pending -- -- --
02/11/2015 02/11/15 For Sale $115,000 -- $74 / Sq Ft
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
2025 $1,983 $135,150 -- --
2024 $1,932 $131,220 -- --
2023 $1,875 $127,400 $0 $0
2022 $1,836 $123,690 $0 $0
2021 $1,757 $120,090 $0 $0
2020 $1,722 $116,600 $0 $0
2019 $1,678 $113,210 $0 $0
2018 $1,635 $109,920 $0 $0
2017 $1,599 $106,720 $0 $0
2016 $1,530 $103,620 $0 $0
2015 $1,447 $100,610 $0 $0
2014 $1,399 $97,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rheola Coy

    Seller's Agent in 2024

    Rheola Coy

    PREMIERE PROPERTY GROUP, LLC ALBANY

    (503) 999-5088

    70 Total Sales

    Rheola Coy
    Section Image
  • Chad Harrington

    Buyer's Agent in 2024

    Chad Harrington

    EXP REALTY, LLC

    (541) 905-2698

    130 Total Sales

    Chad Harrington
    Section Image
  • Gladys Blum

    Seller's Agent in 2016

    Gladys Blum

    BLUM REAL ESTATE

    (503) 507-6225

    713 Total Sales

    Gladys Blum
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 813406

Willamette Valley MLS

APN: 0166419

Oregon Linn County Lebanon 97355

38791 Olmart Way, Lebanon, OR

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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