NOT LISTED FOR SALE

40 E Cedar St Lebanon, OR 97355

Estimated Value: $274,347 - $289,000

2 Beds
1 Bath
728 Sq Ft
$387/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $275,000 $378 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,615/month

5 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • Forced Air Heating System
  • 1 Car Attached Garage
  • 1-Story Property
  • High Speed Internet

About This Home

As of December 2021

You found it! The charming home that combines comfort, condition, and affordability to give you pride of ownership in a great neighborhood. This 2 bed, 1 bath home has been updated and maintained with consideration and care. Laminate floors, quartz counter tops and stainless steel appliances in the kitchen make this home feel new. Don't miss your opportunity to purchase this solid home that will give you a piece of the strong Lebanon real estate market. Open House Sunday 10/10 1-3pm

Last Agent to Sell the Property

Chance Johnson

HOMESMART REALTY GROUP - CORVALLIS License #201218144 Listed on: 10/08/2021

HOMESMART REALTY GROUP - CORVALLIS

Last Buyer's Agent

Jordan Matin

MATIN REAL ESTATE License #200707018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1942

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 728 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Projector Screen
  • Legal Lot and Block 3 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: You found it! The charming home that combines comfort, condition, and affordability to give you pride of ownership in a great neighborhood. This 2 bed, 1 bath home has been updated and maintained with consideration and care. Laminate floors, quartz counter tops and stainless steel appliances in the kitchen make this home feel new. Don't miss your opportunity to purchase this solid home that will give you a piece of the strong Lebanon real estate market. Open House Sunday 10/10 1-3pm
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Exclusions: Projector Screen
  • Negotiable Inclusions: Kitchen Appliances, Washer & Dryer
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Forced Air, Gas
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Lot Info

  • Acres: 0.2
  • Estimated Lot Sq Ft: 8712
  • Lot: 3
  • Geo Subdivision: OR

Tax Info

  • Tax Database Id: 2
  • Assessor Parcel Number: 196994
  • Tax Years: 2020
  • Tax Amount: 1570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Dec 15, 2021
Sold by
Larson Tre
Bought by
Lows Michael D
Seller's Agent
Chance Johnson
HOMESMART REALTY GROUP - CORVALLIS
Buyer's Agent
Jordan Matin
MATIN REAL ESTATE
List Price
$270,000
Sold Price
$275,000
Premium/Discount to List
$5,000
1.85%
Current Estimated Value
$281,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,674
Avg. Annual Appreciation
0.59%
Original Mortgage
$277,777
Outstanding Balance
$253,297
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$28,377

Purchase Details

Listed on
May 4, 2016
Closed on
Aug 16, 2016
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Larson Tre
Seller's Agent
Shawn Richardson
OPT
Buyer's Agent
Jenifer Vondracek
ALOFT APPRAISAL
List Price
$124,900
Sold Price
$138,900
Premium/Discount to List
$14,000
11.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$142,827
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2016
Sold by
Bailey Deborah A
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Mar 13, 2008
Sold by
Bates Martin and Stratman Edwin
Bought by
Bailey Deborah A and Helton Eartha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,300
Interest Rate
5.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lows Michael D $275,000 Fidelity National Title
Larson Tre $138,900 First American Title
Wilmington Savings Fund Society Fsb $99,000 None Available
Bailey Deborah A $110,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lows Michael D $277,777
Previous Owner Larson Tre $142,827
Previous Owner Bailey Deborah A $108,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2021 12/15/21 Sold $275,000 +5.8% $378 / Sq Ft
10/11/2021 10/11/21 Price Changed $260,000 -3.7% $357 / Sq Ft
10/08/2021 10/08/21 For Sale $270,000 0.0% $371 / Sq Ft
10/08/2021 10/08/21 Price Changed $270,000 +94.4% $371 / Sq Ft
10/07/2016 10/07/16 Sold $138,900 +11.2% $191 / Sq Ft View Prior Sale
08/15/2016 08/15/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $124,900 -- $172 / Sq Ft
Source: Willamette Valley MLS

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 $1,786 $92,870 -- --
2024 $1,729 $90,170 $27,220 --
2023 $1,368 $87,550 $0 $0
2022 $1,295 $85,000 $0 $0
2021 $1,249 $82,530 $0 $0
2020 $1,234 $80,130 $0 $0
2019 $1,172 $77,800 $0 $0
2018 $313 $75,540 $0 $0
2017 $1,136 $73,340 $0 $0
2016 $919 $71,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 783953

Willamette Valley MLS

APN: 0196994