NOT LISTED FOR SALE

4851 SW Hoffman Ave Corvallis, OR 97333

Southwest Corvallis Neighborhood

Estimated Value: $595,000 - $774,063

6 Beds
3.5 Baths
2,704 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $567,500 $210 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,060/month

35 Days on Market

Highlights

  • RV Access or Parking
  • 0.74 Acre Lot
  • Territorial View
  • Linus Pauling Middle School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of February 2024

Unique floorplan lends itself to dual living, rental or development. Solidly built property is on it's way to being a duplex, the property is in the city of Corvallis with future development possibilities. This is definitely a value add property for an investor with an eye to the future. Buyer will need to verify their plans for use & conversion with the City. Long permit record & plans are available upon request. There are 2 connections to city water & residential well on site. Driveway is an easement.

Last Agent to Sell the Property

Samantha Alley

RE/MAX INTEGRITY CORVALLIS BRANCH License #941000189 Listed on: 12/20/2023

RE/MAX INTEGRITY CORVALLIS BRANCH

Last Buyer's Agent

Tyler Norfleet

KELLER WILLIAMS REALTY MID WILLAMETTE License #201223263

KELLER WILLIAMS REALTY MID WILLAMETTE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,060

Year Built

  • Built in 1948

Lot Details

  • 0.74 Acre Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Cedar Siding
  • T111 Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Workshop
  • Territorial Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Shop

Schools

  • Adams Elementary School
  • Linus Pauling Middle School
  • Corvallis High School

Utilities

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

Listing and Financial Details

  • Tax Lot 700

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,060

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Dual Living: Possible
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Unique floorplan lends itself to dual living, rental or development. Solidly built property is on it's way to being a duplex, the property is in the city of Corvallis with future development possibilities. This is definitely a value add property for an investor with an eye to the future. Buyer will need to verify their plans for use & conversion with the City. Long permit record & plans are available upon request. There are 2 connections to city water & residential well on site. Driveway is an easement.
  • Cross Street: Sw 49th St
  • Year Built: 1948
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Negotiable Inclusions: 2 ranges, 2 refrigerators
  • Flooring: Carpet, Wood, Laminate, Vinyl
  • Total Bathrooms: 3.5
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 6
  • Bonus Rooms: Breakfast Room/Nook, Mudroom, Workshop
  • Price Per Sq Ft: 209.87
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 221.86

Exterior Features

  • Patio: Deck, Patio
  • Exterior Color: Beige
  • Fenced Yard: Yes
  • Foundation: Continuous, Pier
  • Landscape: Yes
  • Out Buildings: Separate Shop
  • Roof: Composition, Shingle
  • Siding: Cedar, Wood
  • Siding Style: Lap, T111
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • Elementary School: Adams
  • Middle School: Linus Pauling
  • High School: Corvallis

Lot Info

  • Acres: 0.74
  • Estimated Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 32234
  • Lot: 700
  • Lot Type: Dimension Above
  • Price Per Acre: 810675.68
  • Rv Amenities: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 22-23
  • Tax Account Number: 152557
  • Tax Amount: 7060

MLS Schools

  • HighSchool: Corvallis
  • Middle School: Linus Pauling
  • Elementary School: Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Lim Yan Ping and Lim Thi-Quan
Bought by
Lindp Llc
Current Estimated Value
$651,516

Purchase Details

Listed on
Dec 20, 2023
Closed on
Feb 7, 2024
Sold by
Porter Family Trust
Bought by
Lim Yan Ping and Lim Thi-Quan
Seller's Agent
Samantha Alley
RE/MAX INTEGRITY CORVALLIS BRANCH
Buyer's Agent
Tyler Norfleet
KELLER WILLIAMS REALTY MID WILLAMETTE
List Price
$599,900
Sold Price
$567,500
Premium/Discount to List
-$32,400
-5.4%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Mar 6, 2020
Sold by
Porter Lois M and Porter Grant L
Bought by
Porter Lois M and Porter Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2018
Sold by
Porter Lois M
Bought by
Porter Lois M and The Porter Family Trust
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
Lindp Llc -- None Listed On Document
Lim Yan Ping $567,500 Ticor Title
Porter Lois M -- None Available
Porter Lois M -- None Available
Porter Lois M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porter Lois M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $567,500 -5.4% $210 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $599,900 -- $222 / 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
2024 $7,274 $378,642 -- --
2023 $6,849 $367,614 $0 $0
2022 $6,854 $356,907 $0 $0
2021 $6,583 $346,512 $0 $0
2020 $6,258 $336,419 $0 $0
2019 $5,673 $326,620 $0 $0
2018 $5,625 $317,107 $0 $0
2017 $5,033 $307,871 $0 $0
2016 $4,967 $298,904 $0 $0
2015 $4,853 $290,198 $0 $0
2014 $4,745 $281,746 $0 $0
2012 -- $265,573 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Samantha Alley

    Seller's Agent in 2024

    Samantha Alley

    RE/MAX

    (541) 918-5040

    14 in this area

    306 Total Sales

    Samantha Alley
    Section Image
  • Tyler Norfleet

    Buyer's Agent in 2024

    Tyler Norfleet

    KELLER WILLIAMS REALTY MID WILLAMETTE

    (541) 497-4103

    2 in this area

    75 Total Sales

    Tyler Norfleet
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 812018

Willamette Valley MLS

APN: 152557

Oregon Benton County Corvallis 97333 Southwest Corvallis

4851 SW Hoffman Ave, Corvallis, OR

This home is located at 4851 SW Hoffman Ave, Corvallis, OR 97333 since 20 December 2023 and is currently estimated at $651,516, approximately $240 per square foot. This property was built in 1948. 4851 SW Hoffman Ave is a home located in Benton County with nearby schools including Adams Elementary School, Linus Pauling Middle School, and Corvallis 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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