$720,000
SOLD FEB 11, 2025

0 SW 5th St Unit 820682 Lebanon, OR 97355

60 Acres
$11,956 Price per Acre
2,623,183 Sq Ft Lot

Recently Sold

173 Days on Market

About This Lot

As of February 2025

60 acres inside the city limits with high density residential development potential. City water runs the length of fifth Street and city sewer to the NE corner of the property. 48 tillable acres planted in grass seed. Oak Creek runs through the property with approximately 18.5 acres in the 100 yr floodplain. No wetland delineation. The Mixed-Use zone offers endless choices for the creative developer. Mix in High & low density with live/work options. Great location for easy commutes to Corvallis & Albany.

Last Agent to Sell the Property

Paul Terjeson

KELLER WILLIAMS REALTY -ALBANY License #960900133

KELLER WILLIAMS REALTY -ALBANY

Co-Listed By

STEVE HELMS - Oregon Farm Broke

KELLER WILLIAMS REALTY -ALBANY License #201210000

Last Buyer's Agent

Paul Terjeson

KELLER WILLIAMS REALTY -ALBANY License #960900133

KELLER WILLIAMS REALTY -ALBANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,203

Lot Details

  • 60.22 Acre Lot
  • Irregular Lot
  • Property is zoned RMD

Property Views

  • Mountain
  • Territorial

Schools

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

Additional Features

  • Flood Zone Lot
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$4,203

Lot Details

0

Listing Details

  • Class: Bare Land
  • Type: Land (1+ Acre)
  • Syndicated Remarks: 60 acres inside the city limits with high density residential development potential. City water runs the length of fifth Street and city sewer to the NE corner of the property. 48 tillable acres planted in grass seed. Oak Creek runs through the property with approximately 18.5 acres in the 100 yr floodplain. No wetland delineation. The Mixed-Use zone offers endless choices for the creative developer. Mix in High & low density with live/work options. Great location for easy commutes to Corvallis & Albany.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 11956.16

Exterior Features

  • View: Mountain, Territorial
  • Access: Unpaved, 4-Wheel Drive Recommended
  • Fenced: Partial

Utilities

  • Water: City
  • Electricity: Available
  • High Speed Communications: Unknown
  • Sewer Available: Yes
  • Telephone: Yes

Schools

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

Lot Info

  • Acres: 60.22
  • Flood Plain: Yes
  • Lot: .
  • Lot Type: Irregular
  • Price Per Acre: 11956.16
  • Zoning: RMD
  • Approved for Manufactured Home: Unknown
  • Corners: Not Flagged
  • Surveyed: Unknown

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 0210795
  • Tax Amount: 4203

MLS Schools

  • HighSchool: Lebanon
  • Middle School: Seven Oak
  • Elementary School: Cascades

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $720,000 0.0% --
08/22/2024 08/22/24 For Sale $720,000 -- --
Source: Willamette Valley MLS

Similar Property in Lebanon, OR

  • 35180 Ede Rd, Lebanon, OR 97355

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    • Land
    • 67 Acres
    • $10,018 per Acre
    • 35180 Ede Rd
    • Lebanon, OR

    Subject to life estate for house/attached shop/yard area. Terms of life estate will be negotiated between buyer & seller. W/ no life estate, asking price is $1,200,000, cross reference w/ MLS 806804. Approx 45 ac irrigation rights. Fields limed & planted in orchard/rye grass. Currently running cattle. Web soil survey indicates approx 50 ac Bellpine soils (suitable for grapes, Christmas trees,

    Alisha Wolfe OREGON REALTY NW

    Section Image

Source: Willamette Valley MLS

MLS Number: 820682

Willamette Valley MLS