NOT LISTED FOR SALE

56 Oak Terrace Dr A Lebanon, OR 97355

Estimated Value: $422,000

0.1 Acre
$4,220,000 Price per Acre
4,356 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $150,000

Est. 181% increase in value since last sale

Current estimated payment $2,572/month

64 Days on Market

About This Lot

As of August 2021

Builder Alert! Here is your chance to build a home in a great location of Lebanon on a quiet street. This .10 acre lot has already had sewer ran into the lot and is ready for you to bring your plans. Don't wait on this opportunity! *Buyer to due diligence with city for building permits. * Adjacent lot is available see MLS#775413. Purchase the lot next door. It would be a great setup for multi-generational living or home or a 6 car garage. See assoc docs for CC&R's.

Last Agent to Sell the Property

Laura Gillott

Keller Williams Realty Mid-Willamette License #920300248 Listed on: 05/27/2021

Keller Williams Realty Mid-Willamette

Last Buyer's Agent

Katy Rosecrans

SMI Commercial Real Estate LLC License #200402282

SMI Commercial Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,264

Lot Details

Home Design

  • Single Family Detached Home

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,264

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Single Family Residence
  • Remarks Public: Builder Alert! Here is your chance to build a home in a great location of Lebanon on a quiet street. This .10 acre lot has already had sewer ran into the lot and is ready for you to bring your plans. Don't wait on this opportunity! *Buyer to due diligence with city for building permits. * Adjacent lot is available see MLS#775413. Purchase the lot next door. It would be a great setup for multi-generational living or home or a 6 car garage. See assoc docs for CC&R's.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: MF1067-233

Exterior Features

  • Lot Size: 3,000 to 4,999 SqFt

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Sewer Available, Water Available, Cable Available, Phone Available

Condo/Co-op/Association

  • HOA: Yes

Schools

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

Lot Info

  • Acres: 0.10
  • Zoning: .
  • Present Use: Raw Land

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 796.19
  • Assessor Parcel Number: 0864414
  • Tax Year: 2020

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2022
Sold by
Pathfinder Properties Llc
Bought by
Kamau Albert and Kamau Linda
Current Estimated Value
$422,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.3%
Mortgage Type
VA

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 20, 2021
Sold by
R M Sutherland Construction Co
Bought by
Pathfinder Properties Llc
Seller's Agent
Laura Gillott
Keller Williams Realty Mid-Willamette
Buyer's Agent
Katy Rosecrans
SMI Commercial Real Estate LLC
List Price
$85,000
Sold Price
$150,000
Premium/Discount to List
$65,000
76.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.68%
Original Mortgage
$677,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Kamau Albert $405,000 --
Pathfinder Properties Llc $150,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamau Albert $412,000
Closed Kamau Albert $365,000
Previous Owner Pathfinder Properties Llc $677,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $150,000 +76.5% --
07/30/2021 07/30/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $85,000 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $3,264 $185,950 -- --
2023 $3,158 $180,540 $0 $0
2022 $836 $39,570 $0 $0
2021 $806 $38,420 $0 $0
2020 $796 $37,310 $0 $0
2019 $757 $36,230 $0 $0
2018 $751 $35,180 $0 $0
2017 $733 $34,160 $0 $0
2016 $702 $33,170 $0 $0
2015 $662 $32,210 $0 $0
2014 $634 $31,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Gillott

    Seller's Agent in 2021

    Laura Gillott

    Keller Williams Realty Mid-Willamette

    (541) 451-2211

    539 in this area

    1,805 Total Sales

    Section Image
  • Katy Rosecrans

    Buyer's Agent in 2021

    Katy Rosecrans

    SMI Commercial Real Estate LLC

    (541) 905-1962

    34 in this area

    197 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21326423

Regional Multiple Listing Service (RMLS)

APN: 0864414

Oregon Linn County Lebanon 97355

56 Oak Terrace Dr A, Lebanon, OR

This home is located at 56 Oak Terrace Dr A, Lebanon, OR 97355 since 27 May 2021 and is currently estimated at $422,000. 56 Oak Terrace Dr A is a home located in Linn County with nearby schools including Riverview School, Seven Oak Middle School, and Lebanon High School.

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