$393,000
SOLD JUL 7, 2025

557 E Isabella St Unit A Lebanon, OR 97355

6 Beds
2 Baths
1,669 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

5% Below List Price

158 Days on Market

Highlights

  • Fenced Yard
  • Zoned Heating
  • High Speed Internet

About This Home

As of July 2025

Wonderful Investment opportunity or owner occupy! Centrally located near downtown Lebanon, this Duplex is only 1 mile from Western University of Health Sciences! Both units have 3 bedrooms and 1 bath and have washer and dryers. Very clean and nicely updated units. Current rents are at $1450 and $1350 and are due to increase $75 each side in July. Owner pays for water/sewer, tenants pay for electricity. Do not disturb tenants. Pics are of unit 557 1/2. Showings upon accepted offer.

Last Agent to Sell the Property

Bryan Rehnberg

PREMIERE PROPERTY GROUP, LLC ALBANY License #201209418 Listed on: 01/30/2025

PREMIERE PROPERTY GROUP, LLC  ALBANY

Last Buyer's Agent

KEVIN DAVIS

PREMIERE PROPERTY GROUP, LLC ALBANY License #201255624

PREMIERE PROPERTY GROUP, LLC  ALBANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard

Home Design

  • 1,669 Sq Ft Home
  • Duplex
  • Composition Roof

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Pioneer Elementary School
  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units
  • Kirkpatricks 3Rd Addition Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,886

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Duplex
  • Dual Living: Possible
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Wonderful Investment opportunity or owner occupy! Centrally located near downtown Lebanon, this Duplex is only 1 mile from Western University of Health Sciences! Both units have 3 bedrooms and 1 bath and have washer and dryers. Very clean and nicely updated units. Current rents are at $1450 and $1350 and are due to increase $75 each side in July. Owner pays for water/sewer, tenants pay for electricity. Do not disturb tenants. Pics are of unit 557 1/2. Showings upon accepted offer.
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Refrigerator: Refrigerator Included
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Basement: Unfinished
  • Price Per Sq Ft: 235.47
  • Price Per Sq Ft: 230.68

Exterior Features

  • Fenced Yard: Yes
  • Roof: Composition
  • Siding: Composite

Utilities

  • Heating: Electric, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Schools

  • Elementary School: Pioneer
  • Middle School: Lebanon
  • High School: Lebanon

Lot Info

  • Acres: 0.15
  • Lot: 2
  • Price Per Acre: 2566666.67
  • Zoning: RL
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 684883
  • Tax Amount: 2886

Multi Family

  • Number Of Units: 2

MLS Schools

  • HighSchool: Lebanon
  • Middle School: Lebanon
  • Elementary School: Pioneer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2018
Sold by
Lofton Michael
Bought by
Griswold Abraham M and Griswold Kimberly A

Purchase Details

Listed on
Sep 20, 2013
Closed on
Jan 29, 2014
Sold by
Stabler Margaret A
Bought by
Lofton Michael
Buyer's Agent
TOM AND NADINE OWEN
COLDWELL BANKER VALLEY BROKERS/ALBANY
List Price
$60,000
Sold Price
$53,000
Premium/Discount to List
-$7,000
-11.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.84%
Original Mortgage
$70,000
Interest Rate
4.46%
Mortgage Type
Unknown
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 $250,000 First American Title
Warranty Deed $53,000 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,750 New Conventional
Closed $185,000 New Conventional
Previous Owner $97,500 New Conventional
Previous Owner $70,000 Unknown
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Sold $393,000 +2.1% $235 / Sq Ft
05/19/2025 05/19/25 Price Changed $385,000 -3.7% $231 / Sq Ft
03/27/2025 03/27/25 Price Changed $399,900 -2.4% $240 / Sq Ft
03/04/2025 03/04/25 Price Changed $409,900 -1.2% $246 / Sq Ft
01/30/2025 01/30/25 For Sale $415,000 +683.0% $249 / Sq Ft
02/11/2014 02/11/14 Sold $53,000 -11.7% $72 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $60,000 -- $82 / 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 $2,886 $137,340 -- --
2023 $2,793 $133,340 $0 $0
2022 $2,734 $129,460 $0 $0
2021 $2,637 $125,690 $0 $0
2020 $2,604 $122,030 $0 $0
2019 $2,474 $118,480 $0 $0
2018 $2,455 $115,030 $0 $0
2017 $2,397 $111,680 $0 $0
2016 $2,294 $108,430 $0 $0
2015 $1,982 $95,070 $0 $0
2014 $1,679 $92,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 825028

Willamette Valley MLS

APN: 0684833