Last Sold Price
2,623,183 Lot Size60.22 Acres
0 SW 5th St, Lebanon, OR 97355

Description

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 &...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.
LISTING CLOSED: 02/11/2025 12:00 AM

Property Details for 0 Southwest 5th Street

Status
MLS #
820682
Days on Market
173
Taxes
$4,203 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
60.22 AC
View
Mountain(s)
Has View
Yes
Zoning
RMD
Zoning Description
RMD

Recent comparable sales

Median sold price

$307,500

Avg days on market

173

Sale-to-list ratio

80.3%

[Lebanon, OR]

9 comparable properties found

$720,000 | 0 Southwest 5th Street, Lebanon, OR 97355
1/32
1

$720,000

Sold 02/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
60.22
Acres
$515,000 | 36780 Victory Drive, Lebanon, OR 97355
1/18
2

$515,000

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
11.9
Acres
$173,000 | Lot 4 Victory Drive, Lebanon, OR 97355
1/14
3

$173,000

Sold 07/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.28
Acres
$307,500 | 2 Northwest Oak Grove Drive, Lebanon, OR 97355
1/16
4

$307,500

Sold 06/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2
Acres
$200,000 | 0947288 Rd Lebanon Or 97355 Road, Lebanon, OR 97355
1/17
5

$200,000

Sold 02/25/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.1
Acres
$750,000 | 695 Manor Way, Lebanon, OR 97355
1/20
6

$750,000

Sold 03/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,128
Square Feet
0.34
Acres
$220,000 | 525 Oregon Street, Lebanon, OR 97355
1/14
7

$220,000

Sold 04/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.45
Acres
$575,000 | 2624 South 7th Street, Lebanon, OR 97355
1/7
8

$575,000

Sold 07/25/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,096
Square Feet
0.28
Acres
$80,000 | 2 Airport Road, Lebanon, OR 97355
1/2
9

$80,000

Sold 07/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres

Location

Listing Courtesy of KELLER WILLIAMS REALTY -ALBANY

Sold By KELLER WILLIAMS REALTY -ALBANY

Add your commute

Building Information for 0 Southwest 5th Street

Lot Size60.22 AC

Payment Calculator

$4,010 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,660

Property Taxes

$350

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 0 Southwest 5th Street

Summary
Location and General Information
  • Directions: Take SW 5th Street Off of Vaughn Lane, Property is south of 31636 SW 5th.
Taxes and HOA
  • Tax Annual Amount: $4,203.00
  • Tax Year: 2023
School Information
  • Elementary School: Cascades
  • High School: Lebanon
  • Middle Or Junior School: Seven Oak
Property
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Acres: 60.22
  • Road Surface Type: Paved
Property and Assessments
  • Possible Use: Multi-Family, Agricultural, Farm, Pasture, Ranch, Single Family
  • Property Sub Type: Unimproved Land
  • Property Type: Land
Farm Information
  • Irrigation Water Rights: No
Utilities
  • Utilities: Electricity Available, Sewer Available
  • Water Source: Public

Property History for 0 Southwest 5th Street

DateEvent & SourcePriceAppreciation
Feb 11, 2025

Sold

Willamette Valley MLS #820682

$720,000
Aug 22, 2024

Listed (Active)

Willamette Valley MLS #820682

$720,000
DateEvent & SourcePrice
02/11/2025

Sold

Willamette Valley MLS #820682

$720,000
08/22/2024

Listed (Active)

Willamette Valley MLS #820682

$720,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Southwest 5th Street

This home is within Lebanon Community School District 9.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Cascades School
PublicK to 5

Seven Oak Middle School
Public6 to 8

Lebanon High School
Public9 to 12

Santiam Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 0 Southwest 5th Street, Lebanon, OR 97355
$720,000
2,623,183
$720,000
2,623,183
$685,000
3
2,387
125,888
$215,000
4
4
3,373
123,275
$170,000
3
3
2,592
135,907
$127,500
100,188

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY -ALBANY

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.