NOT LISTED FOR SALE

555 Central Ave Lebanon, OR 97355

South Lebanon Area

Estimated Value: $453,198 - $540,000

3 Beds
1.5 Baths
1,782 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2025

Last sale price $365,000 $205 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,918 / mo

76 Days on Market

Highlights

  • Barn
  • 1 Acre Lot
  • Living Room with Fireplace
  • RV Access or Parking
  • Wood Burning Stove
  • Recreation Room

About This Home

As of May 2025

Country living yet close to town! Single level home situated on full acre lot just outside city limits which means lower taxes! Home features 3BD, 1.5 BA, living room w/wood fireplace, oversized den w/wood stove, bonus area, galley kitchen w/lots of storage, hybrid walk-in tub & shower, gas forced air & central ac. Outside boasts covered porch w/ramp, partially fenced lot, garage, barn, shed, fruit trees 4 pear & 4 apple, plenty of room for RV/toys/garden or hobby farm. Don't let this one pass you by!

Last Agent to Sell the Property

Kim Shelby

COLDWELL BANKER VALLEY BROKERS License #200105078 Listed on: 02/19/2025

COLDWELL BANKER VALLEY BROKERS

Co-Listed By

MARIAH WILLIS

COLDWELL BANKER VALLEY BROKERS License #200602391

Last Buyer's Agent

KEVIN DAVIS

PREMIERE PROPERTY GROUP, LLC ALBANY License #201255624

PREMIERE PROPERTY GROUP, LLC ALBANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,478

Year Built

  • Built in 1947

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Property is zoned UGM-10

Parking

  • RV Access or Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Recreation Room
  • Territorial Views
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Riverview Elementary School
  • Seven Oak Middle School
  • Lebanon High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic System
  • High Speed Internet

Additional Features

  • Handicap Accessible
  • Barn

Listing and Financial Details

  • Tax Lot M&B

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,478

Year Built

Built in 1947

Lot Details

1 Acres

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Handicap Amenities: Yes (Refer To Remarks)
  • Range Facility: Electric
  • Syndicated Remarks: Country living yet close to town! Single level home situated on full acre lot just outside city limits which means lower taxes! Home features 3BD, 1.5 BA, living room w/wood fireplace, oversized den w/wood stove, bonus area, galley kitchen w/lots of storage, hybrid walk-in tub & shower, gas forced air & central ac. Outside boasts covered porch w/ramp, partially fenced lot, garage, barn, shed, fruit trees 4 pear & 4 apple, plenty of room for RV/toys/garden or hobby farm. Don't let this one pass you by!
  • Cross Street: Crowfoot
  • Year Built: 1947
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Living Room, Wood
  • Wood Burning Stove: Uncertified
  • Flooring: Carpet, Wood, Laminate
  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • 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
  • Bonus Rooms: Mudroom, Rec Room
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Covered Patio
  • Exterior Color: White
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Barn, Shed
  • Roof: Composition, Shingle
  • Siding: Composite
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Gas

Lot Info

  • Soil Type: Unknown
  • Acres: 1
  • Estimated Lot Sq Ft: 43560
  • Lot: M&B
  • Lot Type: Common Area
  • Rv Amenities: Area/Room For
  • Zoning: UGM-10
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 24-25
  • Tax Amount: 2478

MLS Schools

  • HighSchool: Lebanon
  • Middle School: Seven Oak
  • Elementary School: Riverview

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
May 5, 2025
Sold by
Bought by
Seller's Agent
Kim Shelby
COLDWELL BANKER VALLEY BROKERS
Buyer's Agent
KEVIN DAVIS
PREMIERE PROPERTY GROUP, LLC ALBANY
List Price
$409,900
Sold Price
$365,000
Premium/Discount to List
-$44,900
-10.95%
Views
97
Current Estimated Value
$496,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,599
Avg. Annual Appreciation
29.25%
Original Mortgage
$292,000
Outstanding Balance
$288,293
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$208,306

Purchase Details

Closed on
Aug 31, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 Ticor Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $292,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2025 05/06/25 Sold $365,000 -7.6% $205 / Sq Ft
03/10/2025 03/10/25 Price Changed $395,000 -3.6% $222 / Sq Ft
02/19/2025 02/19/25 For Sale $409,900 -- $230 / Sq Ft
Source: Willamette Valley MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,544 $173,410
2024 $2,478 $168,360
2023 $2,405 $163,460 $0 $0
2022 $2,355 $158,700 $0 $0
2021 $2,255 $154,080 $0 $0
2020 $2,209 $149,600 $0 $0
2019 $2,153 $145,250 $0 $0
2018 $2,098 $141,020 $0 $0
2017 $2,052 $136,920 $0 $0
2016 $2,003 $132,940 $0 $0
2015 $1,936 $129,070 $0 $0
2014 $1,895 $125,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Shelby

    Seller's Agent in 2025

    Kim Shelby

    COLDWELL BANKER VALLEY BROKERS

    (503) 949-8916

    59 Total Sales

    Kim Shelby
    Section Image
  • MARIAH WILLIS

    Seller Co-Listing Agent in 2025

    MARIAH WILLIS

    COLDWELL BANKER VALLEY BROKERS

    (503) 949-8916

    48 Total Sales

    MARIAH WILLIS
    Section Image

  • K

    Buyer's Agent in 2025

    KEVIN DAVIS

    PREMIERE PROPERTY GROUP, LLC ALBANY

    (541) 570-5825

    30 Total Sales

    KEVIN DAVIS
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 825645

Willamette Valley MLS

APN: 0217550

Oregon Linn County Lebanon 97355

555 Central Ave, Lebanon, OR

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.

Willamette Valley MLS 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. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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