NOT LISTED FOR SALE

61 Oak Terrace Dr Lebanon, OR 97355

Estimated Value: $479,408 - $561,000

4 Beds
3.5 Baths
2,145 Sq Ft
$243/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $225,000 $105 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,319/month

65 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Living Room with Fireplace
  • Home Office
  • Fenced Yard

About This Home

As of October 2013

This home is located at 61 Oak Terrace Dr, Lebanon, OR 97355 since 10 July 2013 and is currently estimated at $520,204, approximately $242 per square foot. This property was built in 1999. 61 Oak Terrace Dr is a home located in Linn County with nearby schools including Riverview School, Seven Oak Middle School, and Lebanon High School.

Last Agent to Sell the Property

JOANNE NELSON

HERITAGE NW REAL ESTATE, INC. License #900200324 Listed on: 07/10/2013

Last Buyer's Agent

Donna Chase

CADWELL REALTY GROUP-LEBANON License #920300212

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1999

Lot Details

  • 7,735 Sq Ft Lot
  • Lot Dimensions are 65x119
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned RM

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,145 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,244

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Gas
  • Syndicated Remarks: Dramatic high windows and soaring living room ceiling oOffer exciting visual space. Curved stairway ascends to 2 upper bedrooms & bath. 2009 addition includes office, bedroom, laundry room, 4th bath, skylights, light tube. Main floor is mostly laminate. Kitchen floor is tile. Master bath has walk-in closet and new tile. Gas fireplace in LR is new. RV pad with electric & water hookups. Cement pad in back corner of yard for garden shed. Garden area. Swing set negotiable.
  • Cross Street: South Main
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Gas
  • Negotiable Inclusions: Refrig, window covers
  • Flooring: Carpet, Laminate, Tile
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 12x15.2, On Level: 1/Main
  • Bedroom 2: Dimensions: 11.6x10.6, On Level: 1/Main
  • Bedroom 3: Dimensions: 10x11, On Level: 2/Upper
  • Bedroom 4: Dimensions: 10x11.2, On Level: 2/Upper
  • Additional Room: Dimensions: 10x8, On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 9x14, On Level: 1/Main
  • Living Room: Dimensions: 15x18, On Level: 1/Main
  • Kitchen: Dimensions: 13x12, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Office
  • Price Per Sq Ft: 104.9
  • Source Of Sq Ft: List Broker
  • Price Per Sq Ft: 109.56

Exterior Features

  • Patio: Deck
  • Exterior Color: green
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Gas, Central Ac, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas

Schools

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

Lot Info

  • Acres: 0.18
  • Estimated Lot Dimensions: 65x119
  • Estimated Lot Sq Ft: 7735
  • Lot: 18
  • Lot Type: Dimension Above
  • Price Per Acre: 1305555.56
  • Rv Amenities: Pad
  • Underground Sprinklers: Yes
  • Zoning: RM
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 12-13
  • Tax Account Number: 0842749
  • Tax Amount: 3244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Oct 23, 2013
Sold by
Forrester Alden P and Forrester Carmen L
Bought by
Wong Chiu Man and Yu Zong Yan
Seller's Agent
JOANNE NELSON
HERITAGE NW REAL ESTATE, INC.
Buyer's Agent
Donna Chase
CADWELL REALTY GROUP-LEBANON
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$520,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,204
Avg. Annual Appreciation
7.35%
Original Mortgage
$173,600
Outstanding Balance
$132,907
Interest Rate
4.53%
Mortgage Type
New Conventional
Estimated Equity
$387,297

Purchase Details

Closed on
Dec 4, 2008
Sold by
Forrester Alden
Bought by
Forrester Alden P and Forrester Carmen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Wong Chiu Man $225,000 Amerititle
Forrester Alden P -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Chiu Man $173,600
Previous Owner Forrester Alden P $180,176
Previous Owner Forrester Alden P $75,000
Previous Owner Forrester Alden $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $225,000 -4.3% $105 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $235,000 -- $110 / 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 $5,649 $268,800 -- --
2023 $5,466 $260,980 $0 $0
2022 $5,351 $253,380 $0 $0
2021 $5,160 $246,000 $0 $0
2020 $5,097 $238,840 $0 $0
2019 $4,843 $231,890 $0 $0
2018 $4,708 $225,140 $0 $0
2017 $4,272 $218,590 $0 $0
2016 $3,875 $212,230 $0 $0
2015 $3,728 $206,050 $0 $0
2014 $3,660 $200,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 666549

Willamette Valley MLS

APN: 0842749