NOT LISTED FOR SALE

585 Manor Way Lebanon, OR 97355

Estimated Value: $396,387 - $449,000

4 Beds
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold January 23, 2024

Last sale price $405,000

Est. 4% increase in value since last sale

Current estimated payment $2,534/month

230 Days on Market

Highlights

  • Territorial View
  • No Heating
  • 1-Story Property

About This Home

As of January 2024

This charming duplex in Lebanon is a great investment opportunity! With two units, each offering 2 bedrooms and 1 bathroom, this property has plenty of potential. Live in one unit while renting out the other to build your portfolio or rent both sides to maximize your income. Each unit includes washer/dryer hookups and a single car garage for convenience and extra storage space. Don't miss out on this fantastic chance to own an investment property that will provide you with steady income for years to come!

Last Agent to Sell the Property

Sherri Gregory

Keller Williams Rlty Mid Wlmte License #970300073 Listed on: 05/05/2023

Keller Williams Rlty Mid Wlmte

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,427

Year Built

  • Built in 1978

Lot Details

  • 10,454

Home Design

  • Stem Wall Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Territorial Views
  • Dishwasher

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0207270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,427

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: StemWall
  • View: Yes
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: None
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Cascades
  • High School: Lebanon
  • Middle Or Junior School: Seven Oak

Lot Info

  • Zoning: RL
  • Parcel #: 0207270

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3427.15

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jan 19, 2024
Sold by
Countryside Manor Llc
Bought by
Lee Hae In and Lareau Matthew Isaiah
Seller's Agent
Sherri Gregory
Keller Williams Rlty Mid Wlmte
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
296
Current Estimated Value
$422,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,694
Avg. Annual Appreciation
-1.10%
Original Mortgage
$303,750
Outstanding Balance
$300,150
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$97,437
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
Lee Hae In $405,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hae In $303,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $405,000 -4.7% --
12/22/2023 12/22/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $425,000 0.0% --
10/30/2023 10/30/23 Pending -- -- --
10/05/2023 10/05/23 Price Changed $425,000 -2.3% --
05/05/2023 05/05/23 For Sale $435,000 -- --
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 $3,618 $172,140 -- --
2023 $3,501 $167,130 $0 $0
2022 $3,427 $162,270 $0 $0
2021 $3,305 $157,550 $0 $0
2020 $3,264 $152,970 $0 $0
2019 $3,101 $148,520 $0 $0
2018 $3,077 $144,200 $0 $0
2017 $2,813 $140,000 $0 $0
2016 $2,636 $135,930 $0 $0
2015 $2,579 $131,980 $0 $0
2014 $2,500 $128,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23205775

Regional Multiple Listing Service (RMLS)

APN: 0207270