505 S 5th St Springfield, OR 97477
Washburne District NeighborhoodEstimated payment $1,921/month
Highlights
- Popular Property
- Bonus Room
- Living Room
- Built-In Refrigerator
- No HOA
- 3-minute walk to Willamette Heights Park
About This Home
Well-maintained 1920 bungalow in a quiet Springfield neighborhood, minutes from Dorris Ranch and the Middle Fork Path. The home offers 2 bedrooms and 1 bath in 936 sq ft on the main level, plus 352 sq ft of finished space on the upper level that works well as a bonus room, home office, guest space, or potential third sleeping area.The interior was updated 2.5 years ago with modern finishes throughout. Exterior and structural improvements include vinyl siding, a roof approximately 10 years old, and a Ramjack foundation stabilization system with transferable warranty.The .14-acre city lot offers alley access and a large flat area suitable for a future detached garage or ADU (buyer to perform due diligence). Additional features include baseboard heat, public water and sewer, no HOA, and low annual property taxes of $1,591.A solid, move-in-ready home with recent updates and room to expand—priced to sell.
Listing Agent
Real Broker Brokerage Email: dan@theoperativegroup.com License #201235300 Listed on: 05/01/2026
Co-Listing Agent
Real Broker Brokerage Email: dan@theoperativegroup.com License #201261238
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,591
Year Built
- Built in 1920
Lot Details
- 6,098 Sq Ft Lot
- Property is zoned R1
Home Design
- Bungalow
- Slab Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 1,288 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Built-In Oven
- Built-In Range
- Built-In Refrigerator
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Shed
Schools
- Two Rivers Elementary School
- Hamlin Middle School
- Springfield High School
Utilities
- No Cooling
- Zoned Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0316263
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,591 | $86,787 | -- | -- |
| 2024 | $1,566 | $84,260 | -- | -- |
| 2023 | $1,566 | $81,806 | $0 | $0 |
| 2022 | $1,450 | $79,424 | $0 | $0 |
| 2021 | $1,424 | $77,111 | $0 | $0 |
| 2020 | $1,383 | $74,866 | $0 | $0 |
| 2019 | $1,341 | $72,686 | $0 | $0 |
| 2018 | $1,264 | $68,514 | $0 | $0 |
| 2017 | $1,215 | $68,514 | $0 | $0 |
| 2016 | $1,190 | $66,518 | $0 | $0 |
| 2015 | $1,156 | $64,581 | $0 | $0 |
| 2014 | $1,139 | $62,700 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $335,000 | -- | $260 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Evergreen Land Title Co | |
| Warranty Deed | $105,000 | Western Pioneer Title Co | |
| Warranty Deed | $59,000 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $83,000 | Unknown | |
| Previous Owner | $54,000 | Seller Take Back |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 302351715
APN: 0316263
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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