Country living close in--Opportunity awaits! Enjoy 4.82 acre parcel with a 3 bd. 1 bath home. Laminate flooring & fireplace in LR. Not included in the sq.ft. is a mud room and extra bonus room to use as office/den/hobby. Large covered patio overlooking a beautiful treed setting. Small barn. Bring your vision & updates. Property is annexed to the city. Currently on well and septic. Possibilities abound! 24 hour notice tenant involved. Text LA Nancy at 541-936-2043. Wet lands document available. Call Nancy for details. Possibly keep the renter for income while preparing to develop. Possibilities!
For sale
Listed by: Exp Realty, Llc
Price cut: $61K (2/25)
$498,000
31666 SW 5th St, Lebanon, OR 97355
3beds
1,056sqft
Est.:
Single Family Residence
Built in 1969
4.82 Acres Lot
$497,000 Zestimate®
$472/sqft
$-- HOA
What's special
Small barnMud roomLaminate flooring
- 28 days |
- 2,477 |
- 104 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2026 at 03:34pm
Listed by:
NANCY KRUSE Direc:541-936-2043,
Exp Realty, Llc
Source: WVMLS,MLS#: 837773
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Natural Gas, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Electric Range, Range Included, Gas Water Heater
- Laundry: Main Level
Features
- Mudroom, Other(Refer to Remarks)
- Flooring: Carpet, Vinyl, Laminate
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,056
- Total interior livable area: 1,056 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
Lot
- Size: 4.82 Acres
- Features: Dimension Above, Landscaped
Details
- Additional structures: Barn(s), RV/Boat Storage
- Parcel number: 00210811
- Zoning: UGA-UGM
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding, T111
- Foundation: Continuous
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: 1/Main
- Sewer: Other
- Water: Well
Community & HOA
Community
- Subdivision: 12S 02W 22 SE
HOA
- Has HOA: No
Location
- Region: Lebanon
Financial & listing details
- Price per square foot: $472/sqft
- Tax assessed value: $471,530
- Annual tax amount: $2,597
- Price range: $498K - $498K
- Date on market: 2/18/2026
- Listing agreement: Exclusive Right To Sell
- Inclusions: Refrig, Range
Estimated market value
$497,000
$472,000 - $522,000
$1,788/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Price change | $498,000-10.9%$472/sqft |
Source:  WVMLS #837773 Report a problem | ||
| 2/18/2026 | Listed for sale | $559,000+311.3%$529/sqft |
Source: WVMLS #837773 Report a problem | ||
| 11/29/2011 | Sold | $135,920$129/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,674 +3% | $181,680 +3% |
| 2023 | $2,596 +2.1% | $176,390 +3% |
| 2022 | $2,542 | $171,260 +3% |
| 2021 | -- | $166,280 +3% |
| 2020 | $2,384 +2.6% | $161,440 +3% |
| 2019 | $2,323 +2.6% | $156,740 +3% |
| 2018 | $2,264 | $152,180 +3% |
| 2017 | $2,264 +2.3% | $147,750 +3% |
| 2016 | $2,214 +2.4% | $143,450 +3% |
| 2015 | $2,162 +3.5% | $139,280 +3% |
| 2014 | $2,089 +7.3% | $135,230 +3% |
| 2013 | $1,947 +931.5% | $131,300 +3% |
| 2012 | $189 -89.9% | $127,480 +3% |
| 2011 | $1,862 +7.7% | $123,770 +3% |
| 2010 | $1,729 +5.6% | $120,170 +3% |
| 2009 | $1,638 | $116,678 +3% |
| 2008 | $1,638 +2.1% | $113,281 +3% |
| 2007 | $1,604 +5.2% | $109,983 +3% |
| 2006 | $1,525 +2.5% | $106,781 +3% |
| 2005 | $1,488 -0.6% | $103,672 +3% |
| 2004 | $1,496 +6.1% | $100,653 +3% |
| 2003 | $1,410 +9.2% | $97,723 +3% |
| 2002 | $1,291 | $94,878 +3% |
| 2001 | -- | $92,115 +3% |
| 2000 | -- | $89,433 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,784/mo
Principal & interest
$2427
Property taxes
$357
More affordability tools
Climate risks
Neighborhood: South Lebanon
Nearby schools
GreatSchools rating
- 6/10Cascades SchoolGrades: K-6Distance: 1.1 mi
- 6/10Seven Oak Middle SchoolGrades: 6-8Distance: 1 mi
- 5/10Lebanon High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Cascades
- Middle: Seven Oak
- High: Lebanon
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97355
- Oregon
- Linn County
- Lebanon
- 97355
- South Lebanon
- 31666 SW 5th St
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