Seller's Agent in 2025
Eric Swanson
SMI REAL ESTATE
(541) 990-3795
5 in this area
32 Total Sales
551 W B St Lebanon, OR 97355
3
Beds
2
Baths
2,163
Sq Ft
8,276
Sq Ft Lot
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 2025Incredible 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
SMI REAL ESTATE License #201221479 Listed on: 05/29/2025
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
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
-34.90%
Original Mortgage
$14,350
Outstanding Balance
$14,350
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$360,305
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Eric Swanson
-
Sarah Dennis
Buyer's Agent in 2025
Sarah Dennis
JMG JASON MITCHELL GROUP-LEBANON
(541) 936-0105
31 in this area
147 Total Sales
Map
Source: Willamette Valley MLS
MLS Number: 829572
APN: 0181376
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.
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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