$650,000
SOLD OCT 1, 2015

502 N 8th St Philomath, OR 97370

-- Bed
-- Bath
3,000 Sq Ft
3 Acres

Recently Sold

$217 Per Sq Ft

13% Below List Price

108 Days on Market

Highlights

  • Views
  • Landscaped with Trees
  • Level Lot
  • Philomath Middle School Rated A-

About This Home

As of October 2015

32 space mobile home park. Well established & in the same family since being blt in the 60's. Public water & sewer, paved roads, driveways & carports for each space, Owners own 3 of the rented mobiles & rent out 20 spaces to mobile owners & 9 spaces are vacant. Prof. managed. utility/laundry bldg Consistent $-maker, 2014 income over $95,000. Could increase rev. by water/sewer bill back & renting vacant spaces. Under 5 miles to OSU.

Last Agent to Sell the Property

Tom Allen

Northwest Realty Source License #930200318 Listed on: 05/05/2015

Last Buyer's Agent

Tom Allen

Northwest Realty Source License #930200318 Listed on: 05/05/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Carport
  • Paved Parking

Utilities

  • Electric Water Heater

Additional Features

  • Property Views

Community Details

  • 32 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

32

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3000
  • Year Built: 1965
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 207 commercial mobile home oarks 3 acres
  • Storage: Individual Storage Units

Exterior Features

  • Lot Size: 3 to 4.99 Acres
  • View: Territorial, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 32
  • Parking Description: Carport, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry
  • Unit Features: Unfurnished

Lot Info

  • Lot Description: Level, Trees
  • Zoning: R1

Tax Info

  • Tax Amount: 15380.67
  • Assessor Parcel Number: 169239

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 32
  • Gross Rent Multiplier: 6.82

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

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 For Sale $79,900 -87.7% $111 / Sq Ft
10/01/2015 10/01/15 Sold $650,000 -13.3% $217 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $750,000 -- $250 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Greg Messick

    REALTYNET

  • T

    Seller's Agent in 2015

    Tom Allen

    Northwest Realty Source

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15413080

Regional Multiple Listing Service (RMLS)

APN: 169239

Oregon Benton County Philomath 97370

502 N 8th St, Philomath, OR

This home is located at 502 N 8th St, Philomath, OR 97370 and is currently priced at $650,000, approximately $216 per square foot. This property was built in 1965. 502 N 8th St is a home located in Benton County with nearby schools including Philomath Elementary School, Clemens Primary School, and Philomath Middle 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.

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