Downtown property with amazing potential; this charming home is set on a spacious oversized lot with development possibilities in the heart of Monmouth. 4BR/1BA, this two-story home is set on .28 acres, has a detached 2-car garage/workshop, tool lean-to and a garden shed located in a gorgeous backyard with mature landscaping. There is an RV disposal with plenty of room for RV parking. In need of some TLC, there is loads of potential for a home owner or developer. Buyer to confirm with the City of Monmouth. Charming 1940s Two-Story Home on Spacious Double Lot with Development PotentialDiscover the possibilities in this classic 1940s two-story home situated on over a quarter-acre lot in Monmouth. With four bedrooms and one bathroom, this home offers a unique blend of vintage charm and exciting potential. Though it could use some TLC, the property’s highlights make it a standout opportunity.The expansive lot features a beautifully landscaped garden and backyard with mature trees and flowering shrubs, creating a peaceful retreat with plenty of space to relax and entertain. For added convenience, the property includes a detached two-car garage with an adjoining workshop, a garden shed, and ample room for RV parking, complete with an RV disposal.In addition to its charm and size, the property’s oversized lot presents potential for development. According to the City of Monmouth, a multifamily unit may be possible (buyer to verify and perform due diligence).This property is perfect for those looking to restore a classic home, invest in additional development, or simply enjoy a spacious garden sanctuary in the heart of Monmouth. Don’t miss out on this one-of-a-kind opportunity!
CONNECTED REAL ESTATE GROUPLicense #200505057Listed on: 11/14/2024
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,339
Year Built
Built in 1940
Lot Details
0.28 Acre Lot
Lot Dimensions are 61 x 187
Partially Fenced Property
Landscaped
Property is zoned RM
Home Design
Composition Roof
Lap Siding
Asbestos Siding
Interior Spaces
1,085 Sq Ft Home
2-Story Property
Flooring
Carpet
Vinyl
Bedrooms and Bathrooms
4 Bedrooms
Primary Bedroom on Main
1 Full Bathroom
Parking
2 Car Detached Garage
RV Access or Parking
Outdoor Features
Patio
Shed
Shop
Schools
Monmouth Elementary School
Talmadge Middle School
Central High School
Utilities
Cooling Available
Floor Furnace
Electric Water Heater
High Speed Internet
Listing and Financial Details
Tax Lot 2300
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,339
Year Built
Built in 1940
Lot Details
0
Listing Details
Class: Residential
Type: Residence
Home Style: 2 Story
Dual Living: Other (Refer To Remarks)
Syndicated Remarks: Downtown property with amazing potential; this charming home is set on a spacious oversized lot with development possibilities in the heart of Monmouth. 4BR/1BA, this two-story home is set on .28 acres, has a detached 2-car garage/workshop, tool lean-to and a garden shed located in a gorgeous backyard with mature landscaping. There is an RV disposal with plenty of room for RV parking. In need of some TLC, there is loads of potential for a home owner or developer. Buyer to confirm with the City of Monmouth. Charming 1940s Two-Story Home on Spacious Double Lot with Development PotentialDiscover the possibilities in this classic 1940s two-story home situated on over a quarter-acre lot in Monmouth. With four bedrooms and one bathroom, this home offers a unique blend of vintage charm and exciting potential. Though it could use some TLC, the property’s highlights make it a standout opportunity.The expansive lot features a beautifully landscaped garden and backyard with mature trees and flowering shrubs, creating a peaceful retreat with plenty of space to relax and entertain. For added convenience, the property includes a detached two-car garage with an adjoining workshop, a garden shed, and ample room for RV parking, complete with an RV disposal.In addition to its charm and size, the property’s oversized lot presents potential for development. According to the City of Monmouth, a multifamily unit may be possible (buyer to verify and perform due diligence).This property is perfect for those looking to restore a classic home, invest in additional development, or simply enjoy a spacious garden sanctuary in the heart of Monmouth. Don’t miss out on this one-of-a-kind opportunity!
Cross Street: Gwinn
Year Built: 1940
Home Style2: 2 Story
Special Features: None
Property Sub Type: Detached
Stories: 2
Interior Features
Flooring: Carpet, Vinyl
Total Bathrooms: 1
Total Bathrooms: 1
Full Bathrooms: 1
Number of Main Level Bathrooms: 1
Bedrooms: 4
Master Bedroom: On Level: 1/Main
Bedroom 2: On Level: 1/Main
Bedroom 3: On Level: 2/Upper
Bedroom 4: On Level: 2/Upper
Dining Room: 1/Main, On Level: 1/Main
Living Room: On Level: 1/Main
Kitchen: On Level: 1/Main
Price Per Sq Ft: 299.54
Source Of Sq Ft: County
Price Per Sq Ft: 299.54
Exterior Features
Patio: Patio
Exterior Color: Light red
Fenced Yard: Partial
Foundation: Continuous
Landscape: Yes
Out Buildings: Shed, Separate Shop
Roof: Composition
Siding: Asbestos
Siding Style: Lap
Garage/Parking
Garage Type: Detached
Garage Capacity: 2
Utilities
Heating/Cooling: Electric, Floor Furnace
High Speed Comm Access: Available
Sewer City: Yes
Water: City
Water Heater: Electric
Schools
Elementary School: Monmouth
Middle School: Talmadge
High School: Central
Lot Info
Acres: 0.28
Estimated Lot Dimensions: 61 x 187
Estimated Lot Sq Ft: 11994
Lot: 2300
Lot Type: Dimension Above
Price Per Acre: 1160714.29
Rv Amenities: Area/Room For, Rv Disposal
Zoning: RM
Geo Subdivision: OR
Green Features
Smart Home Features: No
Tax Info
Tax Years: 24/25
Tax Account Number: 192789
Tax Amount: 2339
MLS Schools
HighSchool: Central
Middle School: Talmadge
Elementary School: Monmouth
Map
Range of Values:
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List Price
Sold Price
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Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
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Tax Paid
Tax AssessmentTax Assessment
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This home is located at 505 Broad St S, Monmouth, OR 97361 and is currently priced at $325,000, approximately $299 per square foot. This property was built in 1940. 505 Broad St S is a home located in Polk County with nearby schools including Monmouth Elementary School, Talmadge Middle School, and Central High School.
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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