15 days on rocket

561 Grove St, Lebanon, OR, 97355

$385,000

Home List Price

$4,572*

Closing Credit

0 Baths
1,916 SqFt
$201/SqFt
House
Schools Nearby

Location

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561 Grove St, Lebanon$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAttached
Garage1 space
Year Built1948
MLS #24681030
Lot Size0.11 Acres
StatusActive

About 561 Grove St

Discover a fantastic investment opportunity with this charming duplex, featuring two units, one offering 2 bedrooms and 1 bath, and the other with 3 bedrooms and 1 bath. The living rooms are filled with natural light, highlighting the original hardwood floors. The kitchens are equipped with double sinks and ranges, providing a functional space for everyday cooking. Each unit has an updated bathroom with a convenient tub/shower combo. For added privacy, the bedrooms are located on the second and third floors and both have the original hardwood floors. The utility rooms offer washer/dryer hookups and direct access to a fenced yard with shade trees, perfect for relaxing outdoors. Situated in a prime location, this property is just minutes away from schools, restaurants, parks, Samaritan Hospital, and Western University of Health Sciences. Whether you're looking to rent out both units or live in one while renting the other, this duplex is an excellent addition to your investment portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 3
  • Living Area: 1,916 SqFt

Listing Office:

  • Office Name: Keller Williams PDX Central
  • Office Phone: (503) 548-4848
  • Listing Agent: Nick Shivers, Matthew Umberger

Interior Features

Interior Information:

  • Flooring Type: Hardwood

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • Lebanon High School, Public District Grades 9-12
  • PioneerSchool, Public District Grades KG-8

Other

Directions Information:

  • Directions: US-20, L on E Isabella St, continue on E Isabella St, R on S Grove St

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $201/SqFt

Tax Information:

  • Annual Amount: $2,917
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lebanon, OR.

Med. Sold Price

$379K

Med. Price/SqFt

$261

Avg. Days On Market

57

# of Sold Homes

15

561 Grove St vs Lebanon

15 DAYS ON ROCKET

-42 Days

$385,000

+$6K More

$201/SqFt

-$60 Less

KEY TAKEAWAY

This property is $6K more than the Median Sold Price and $60/SqFt less than other homes in Lebanon, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24681030

Listing Office:

  • Office Name: Keller Williams PDX Central
  • Office Phone: (503) 548-4848
  • Listing Agent: Nick Shivers, Matthew Umberger

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 11:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,917$136,710
2019$2,771$132,730
2018$2,750$128,870
2017$2,354$125,120

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6346688
5
/10
  • PioneerSchool

  • 500 N 5th St

  • 0.85 miles

  • Public District Grades KG-8

High School

school-card-donut-6346689
4
/10
  • Lebanon High School

  • 1700 S 5th St

  • 0.89 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,483. Residents of Lebanon, OR typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 561 Grove St

What is the listing price of this property?

The listing price of 561 Grove St property is $385,000.

What type of property is this?

The property 561 Grove St is a house located in Lebanon, Oregon, 97355.

Is this property for sale now?

Active Listing: 561 Grove St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 561 Grove St are:
PioneerSchool: GreatSchools Rating 5/10
Lebanon High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,917 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 561 Grove St is 1,916 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 561 Grove St is 1948.

Rocket Homes›Oregon›Linn County›Lebanon›97355›561 Grove St

This home is located at 561 Grove St in Lebanon, OR and zip code 97355 in the Cowan's neighborhood. This 1,916 square foot home, which was built in 1948, sits on a 0.11 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $385,000.

In April 2024, from all listings sold in Lebanon, OR there were more than 7 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. The number of listings in Lebanon, OR increased by 16.7% between March 2024 and April 2024. In April 2024 median list price was $379,000 and the average listing age was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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