$450,000
OPEN SAT 11AM - 1PM $100K PRICE DROP

622 S 16th St Philomath, OR 97370

Estimated payment $2,765/month

Total Views 19,789
4 Beds
2.5 Baths
2,074 Sq Ft
$217 Price per Sq Ft

Highlights

  • Walk-In Pantry
  • Fenced Yard
  • Patio
  • Philomath Elementary School Rated 9+
  • 2 Car Attached Garage
  • Landscaped

About This Home

Move-In Ready or Investor-Ready: Flexible 4-BR Opportunity! Built in 2020, thoughtful floor plan featuring open kitchen with SS appliances, walk-in pantry, and granite island flows into comfortable living spaces, while the fully fenced backyard is ready for play or relaxation. In Philomath/Corvallis, similar homes rent for $2,800–$3,200+/month, making this a smart investment with low maintenance and good demand. For buyers seeking an affordable newer home, Philomath provides small-town charm near OSU. Move-In Ready or Investor-Ready: Flexible 4-BR Opportunity! Built in 2020, this bright and welcoming home is ready for its next chapter—whether that’s as a first investment property or a place to settle into small-town living. The thoughtful floor plan centers on a modern kitchen with stainless steel appliances, a walk-in pantry, and a large granite island that’s perfect for cooking, gathering, or even spreading out homework. Four bedrooms provide flexibility for families, guests, or shared living arrangements, while the fully fenced, flat backyard creates space for play, gardening, or quiet evenings outdoors.For investors, this nearly new home offers strong rental potential with minimal upkeep thanks to its recent construction. In the Philomath/Corvallis area, comparable four-bedroom homes are currently renting between $2,800 and $3,200 per month, providing a path to steady income and long-term appreciation. With 25% down, a first-time investor can step into the market with confidence.For owner-occupants, this is an affordable opportunity to own a newer home in a quiet town just minutes from Oregon State University. Philomath offers a friendly community with quick access to Corvallis and a direct route to the Oregon Coast—making it an ideal spot for those who want convenience and connection without the hustle of city living.

Listing Agent

Jill Schuster

TRIPLE OAKS REALTY-CORVALLIS BRANCH License #200503390 Listed on: 02/24/2025

Open House Schedule

  • Saturday, September 20, 2025
    11:00 am to 1:00 pm
    9/20/2025 11:00:00 AM +00:00
    9/20/2025 1:00:00 PM +00:00
    Come visit with Listing Agent Jill Schuster at this move-in ready home! Can't make this one? Call 541-619-5427 to schedule a private tour.
    Add to Calendar

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,399

Year Built

  • Built in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned Central Hsg AR

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,074 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Second Floor Utility Room

Kitchen

  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Schools

  • Philomath Elementary And Middle School
  • Philomath High School

Utilities

  • Ductless Heating Or Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Millpond Crossing Subdivision

Listing and Financial Details

  • Legal Lot and Block 45 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,399

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In, Microwave Included, Range Included
  • Syndicated Remarks: Move-In Ready or Investor-Ready: Flexible 4-BR Opportunity! Built in 2020, thoughtful floor plan featuring open kitchen with SS appliances, walk-in pantry, and granite island flows into comfortable living spaces, while the fully fenced backyard is ready for play or relaxation. In Philomath/Corvallis, similar homes rent for $2,800–$3,200+/month, making this a smart investment with low maintenance and good demand. For buyers seeking an affordable newer home, Philomath provides small-town charm near OSU. Move-In Ready or Investor-Ready: Flexible 4-BR Opportunity! Built in 2020, this bright and welcoming home is ready for its next chapter—whether that’s as a first investment property or a place to settle into small-town living. The thoughtful floor plan centers on a modern kitchen with stainless steel appliances, a walk-in pantry, and a large granite island that’s perfect for cooking, gathering, or even spreading out homework. Four bedrooms provide flexibility for families, guests, or shared living arrangements, while the fully fenced, flat backyard creates space for play, gardening, or quiet evenings outdoors.For investors, this nearly new home offers strong rental potential with minimal upkeep thanks to its recent construction. In the Philomath/Corvallis area, comparable four-bedroom homes are currently renting between $2,800 and $3,200 per month, providing a path to steady income and long-term appreciation. With 25% down, a first-time investor can step into the market with confidence.For owner-occupants, this is an affordable opportunity to own a newer home in a quiet town just minutes from Oregon State University. Philomath offers a friendly community with quick access to Corvallis and a direct route to the Oregon Coast—making it an ideal spot for those who want convenience and connection without the hustle of city living.
  • Cross Street: Timothy
  • Year Built: 2020
  • Home Style2: 2 Story
  • Special Features: OpenHouse
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Electric
  • Negotiable Inclusions: appliances currently on site
  • Flooring: Carpet, Luxury Vinyl Plank
  • Total Bathrooms: 2.5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 4
  • Master Bedroom: On Level: 2/Upper
  • Bedroom 2: On Level: 2/Upper
  • Bedroom 3: On Level: 2/Upper
  • Bedroom 4: On Level: 2/Upper
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 2/Upper
  • Price Per Sq Ft: 216.97
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 216.97

Exterior Features

  • Patio: Patio
  • Exterior Color: Tan
  • 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: Electric, Zonal, Ductless/Mini-Split
  • High Speed Comm Access: Available
  • Sewer City: Yes
  • Water: Connected, City
  • Water Heater: Electric

Schools

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

Lot Info

  • Acres: 0.12
  • Estimated Lot Sq Ft: 5227
  • Lot: 45
  • Price Per Acre: 3750000
  • Zoning: Central Hsg AR
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 422640
  • Tax Amount: 4399

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $4,535 $217,779 -- --
2023 $4,298 $211,436 $0 $0
2022 $4,472 $219,959 $0 $0
2021 $2,847 $135,724 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Price Changed $450,000 -1.1% $217 / Sq Ft
07/27/2025 07/27/25 Price Changed $455,000 -3.2% $219 / Sq Ft
07/18/2025 07/18/25 Price Changed $470,000 -2.1% $227 / Sq Ft
06/12/2025 06/12/25 Price Changed $480,000 -3.8% $231 / Sq Ft
04/30/2025 04/30/25 Price Changed $499,000 -5.0% $241 / Sq Ft
03/24/2025 03/24/25 Price Changed $525,000 -4.5% $253 / Sq Ft
02/24/2025 02/24/25 For Sale $550,000 +13.4% $265 / Sq Ft
04/24/2024 04/24/24 Sold $485,000 -2.8% $234 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $499,000 +53.4% $241 / Sq Ft
05/27/2021 05/27/21 Sold $325,235 +3.6% $152 / Sq Ft
11/28/2020 11/28/20 Price Changed $314,000 +3.3% $147 / Sq Ft
10/01/2020 10/01/20 For Sale $304,000 -- $142 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 Ticor Title
Warranty Deed $325,235 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $335,000 New Conventional
Previous Owner $319,342 New Conventional
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 825712

Willamette Valley MLS

APN: 422640

Oregon Benton County Philomath 97370

622 S 16th St, Philomath, OR

This home is located at 622 S 16th St, Philomath, OR 97370 and is currently priced at $450,000, approximately $216 per square foot. This property was built in 2020. 622 S 16th St is a home located in Benton County with nearby schools including Clemens Primary School, Philomath Elementary 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

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Jill Schuster
Listing Agent
Jill Schuster
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TRIPLE OAKS REALTY-CORVALLIS BRANCH
(541) 597-9869