NOT LISTED FOR SALE

565 N 7th St Philomath, OR 97370

Estimated Value: $269,000 - $384,967

6.95 Acres
$44,387 Price per Acre
302,742 Sq Ft Lot

Sale Details

Date Sold: May 31, 2024

Last sale price $399,000

Est. 23% decrease in value since last sale

Current estimated payment $1,771 / mo

1097 Days on Market

Highlights

  • 6.95 Acre Lot
  • Territorial View
  • High Speed Internet
  • Philomath Elementary School Rated 9+

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

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

Lot Details

6.95 Acres

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

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

Lot Info

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

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
$308,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,508
Avg. Annual Appreciation
-12.54%
Original Mortgage
$200,000
Outstanding Balance
$110,833
Interest Rate
7.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$197,659
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Northernwood Llc $399,000 Ticor Title
Source: Public Records

Mortgage History

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

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $1,759 $86,986 -- --
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

    58 Total Sales

    John Tacke
    Section Image
  • Samantha Alley

    Buyer's Agent in 2024

    Samantha Alley

    RE/MAX

    (541) 918-5040

    32 in this area

    289 Total Sales

    Samantha Alley
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 805509

Willamette Valley MLS

APN: 420191

Oregon Benton County Philomath 97370

565 N 7th St, Philomath, 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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