NOT LISTED FOR SALE

565 N 7th St Philomath, OR 97370

Estimated Value: $323,331 - $359,000

7 Acres
$48,825 Price per Acre
302,742 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $399,000

Est. 15% decrease in value since last sale

Current estimated payment $2,021/month

1,097 Days on Market

Highlights

  • 6.95 Acre Lot
  • Territorial View
  • High Speed Internet
  • Philomath Middle School Rated A-

About This Lot

As of May 2024

Property is in city of Philomath. All city utilities can be provided to property from 3 stub out locations; fawn lane to west, quail glen street to east, and 7th to south. Property is mostly southern exposure with oak, redwood, and firs throughout. 6.91 acres allows for developer potential of 35 residential lots with R-1 zoning. Partitioning done to provide phasing for subdivision. Valley views from upper portion of property. Possible owner financing. No access to properties without owner present.

Last Agent to Sell the Property

John Tacke

NORTHWEST REALTY CONSULTANTS License #200002068 Listed on: 05/30/2021

Last Buyer's Agent

Samantha Alley

RE/MAX INTEGRITY CORVALLIS BRANCH License #941000189

RE/MAX INTEGRITY CORVALLIS BRANCH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,759

Lot Details

  • 6.95

Schools

  • Philomath Elementary And Middle School
  • Philomath High School

Utilities

  • Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Territorial Views
  • 6.95 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,759

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: Property is in city of Philomath. All city utilities can be provided to property from 3 stub out locations; fawn lane to west, quail glen street to east, and 7th to south. Property is mostly southern exposure with oak, redwood, and firs throughout. 6.91 acres allows for developer potential of 35 residential lots with R-1 zoning. Partitioning done to provide phasing for subdivision. Valley views from upper portion of property. Possible owner financing. No access to properties without owner present.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 57410.07

Exterior Features

  • View: Territorial
  • Access: Paved
  • Fenced: Partial

Utilities

  • Water: Well
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Sewer Available: Yes
  • Telephone: Available

Schools

  • Elementary School: Philomath
  • Middle School: Philomath
  • High School: Philomath

Lot Info

  • Acres: 6.95
  • Lot Type: Dimension Above
  • Price Per Acre: 57410.07
  • Approved for Manufactured Home: Unknown
  • Corners: Partially Flagged
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 169247,b420083b&*

MLS Schools

  • HighSchool: Philomath
  • Middle School: Philomath
  • Elementary School: Philomath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
May 30, 2024
Sold by
Oregon Sequoia Llc
Bought by
Northernwood Llc
Seller's Agent
John Tacke
NORTHWEST REALTY CONSULTANTS
Buyer's Agent
Samantha Alley
RE/MAX INTEGRITY CORVALLIS BRANCH
List Price
$629,000
Sold Price
$399,000
Premium/Discount to List
-$230,000
-36.57%
Views
91
Current Estimated Value
$339,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,667
Avg. Annual Appreciation
-7.78%
Original Mortgage
$200,000
Outstanding Balance
$148,635
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$215,783
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Northernwood Llc $399,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northernwood Llc $200,000
Closed Northernwood Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $399,000 0.0% --
01/08/2024 01/08/24 Price Changed $399,000 -20.2% --
10/17/2023 10/17/23 Price Changed $500,000 -17.4% --
08/28/2023 08/28/23 Price Changed $605,000 -3.8% --
05/30/2021 05/30/21 For Sale $629,000 -- --
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 $1,759 $84,452 -- --
2023 $1,718 $81,992 $0 $0
2022 $1,618 $79,604 $0 $0
2021 $1,566 $77,285 $0 $0
2020 $1,582 $75,034 $0 $0
2019 $345 $17,117 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Tacke

    Seller's Agent in 2024

    John Tacke

    NORTHWEST REALTY CONSULTANTS

    (541) 753-4567

    6 in this area

    56 Total Sales

    John Tacke
    Section Image
  • Samantha Alley

    Buyer's Agent in 2024

    Samantha Alley

    RE/MAX

    (541) 918-5041

    35 in this area

    317 Total Sales

    Samantha Alley
    Section Image
See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 805509

Willamette Valley MLS

APN: 420191

Oregon Benton County Philomath 97370

565 N 7th St, Philomath, OR

This home is located at 565 N 7th St, Philomath, OR 97370 since 30 May 2021 and is currently estimated at $339,333. 565 N 7th St is a home located in Benton County with nearby schools including Philomath Elementary School, Clemens Primary School, and Philomath Middle School.

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. WVMLS Member Broker: Arlene Richardson

Nearby Homes