$410,000
SOLD JUL 1, 2025

551 W B St Lebanon, OR 97355

3 Beds
2 Baths
2,163 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

9% Above List Price

33 Days on Market

Highlights

  • RV Access or Parking
  • Family Room with Fireplace
  • Mud Room
  • Deck
  • Main Floor Primary Bedroom
  • 4-minute walk to Wynn Mill Park

About This Home

As of July 2025

Incredible value in this spacious West Lebanon home featuring 3 bedrooms / 2 baths and a versatile bonus room - perfect as an office, nursery or flex space. Recent upgrades include a new rook, new siding and fresh exterior paint. Enjoy large living areas and plenty of natural light. The size and unbeatable price per square foot make this a fantastic opportunity for buyers seeking space, comfort and affordability.

Last Agent to Sell the Property

Eric Swanson

SMI REAL ESTATE License #201221479 Listed on: 05/29/2025

SMI REAL ESTATE

Last Buyer's Agent

Sarah Dennis

JMG JASON MITCHELL GROUP-LEBANON License #201210928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,637

Year Built

  • Built in 1930

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned Lebanon RL-Z R1

Home Design

  • Shingle Roof
  • Lap Siding

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Family Room with Fireplace
  • First Floor Utility Room
  • Security System Leased

Kitchen

  • Electric Range
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Green Acres Elementary School
  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Hyland Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,637

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Downdraft, Electric, Range Included
  • Syndicated Remarks: Incredible value in this spacious West Lebanon home featuring 3 bedrooms / 2 baths and a versatile bonus room - perfect as an office, nursery or flex space. Recent upgrades include a new rook, new siding and fresh exterior paint. Enjoy large living areas and plenty of natural light. The size and unbeatable price per square foot make this a fantastic opportunity for buyers seeking space, comfort and affordability.
  • Cross Street: 6th
  • Year Built: 1930
  • Home Style2: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Family Room
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Mudroom
  • Price Per Sq Ft: 189.55
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 173.37

Exterior Features

  • Patio: Deck
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Heat Pump, Floor Furnace, Forced Air
  • High Speed Comm Access: Unknown
  • Security System: Leased
  • Sewer City: Yes
  • Water: City
  • Water Heater: Gas

Schools

  • Elementary School: Green Acres
  • Middle School: Seven Oak
  • High School: Lebanon

Lot Info

  • Acres: 0.19
  • Lot: 8
  • Price Per Acre: 1973684.21
  • Rv Amenities: Area/Room For
  • Underground Sprinklers: Yes
  • Zoning: Lebanon RL-Z R1
  • Geo Subdivision: OR

Green Features

  • Smart Home Features: No

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 0181376
  • Tax Amount: 3637

MLS Schools

  • HighSchool: Lebanon
  • Middle School: Seven Oak
  • Elementary School: Green Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jun 27, 2025
Sold by
Holcomb Dustin L and Holcomb Kelsey A
Bought by
Powell Darrell C
Seller's Agent
Eric Swanson
SMI REAL ESTATE
Buyer's Agent
Sarah Dennis
JMG JASON MITCHELL GROUP-LEBANON
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-44.71%
Original Mortgage
$14,350
Outstanding Balance
$14,350
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$358,558

Purchase Details

Listed on
May 31, 2014
Closed on
Sep 5, 2014
Sold by
Karo Joy B and Williamson Joy B
Bought by
Holcomb Dustin L and Holcomb Kelsey A
List Price
$168,000
Sold Price
$169,000
Premium/Discount to List
$1,000
0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%
Original Mortgage
$172,448
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2004
Sold by
Garron Mike and Garron Carol
Bought by
Williamson Joy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,720
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,000 Fidelity National Title
Warranty Deed $169,000 Ticor Title
Warranty Deed $155,900 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,350 New Conventional
Open $402,573 FHA
Previous Owner $258,500 New Conventional
Previous Owner $172,448 New Conventional
Previous Owner $31,000 Unknown
Previous Owner $124,720 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Sold $410,000 +9.3% $190 / Sq Ft
05/29/2025 05/29/25 For Sale $375,000 +121.9% $173 / Sq Ft
09/05/2014 09/05/14 Sold $169,000 +0.6% $78 / Sq Ft
06/06/2014 06/06/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $168,000 -- $78 / 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 $3,637 $173,060 -- --
2023 $3,519 $168,020 $0 $0
2022 $3,445 $163,130 $0 $0
2021 $3,322 $158,380 $0 $0
2020 $3,281 $153,770 $0 $0
2019 $3,118 $149,300 $0 $0
2018 $3,094 $144,960 $0 $0
2017 $3,021 $140,740 $0 $0
2016 $2,929 $136,650 $0 $0
2015 $2,804 $132,670 $0 $0
2014 $2,729 $128,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 829572

Willamette Valley MLS

APN: 0181376