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111 North 2nd Street

111 North 2nd Street, Lebanon, OR 97355
Property in Linn
Sold Jun 23, 2017
$175,000
$163,000 by Oregon State Cu
Mortgage Due Jul 01, 2047
Sold Aug 28, 2015
$106,500
Local assessors in Lebanon, OR have categorized 111 North 2nd Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 12,197 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a cottage style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 111 North 2nd Street has a total of 1,282 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 21, 2017 for $175,000. That's $136.51 per sqft. Prior to that sales transaction, the property was also sold in Aug 25, 2015 for $106,500. 111 North 2nd Street was last assessed in 2023. The total value of the property was assessed at $115,670. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,423. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Cottage
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,282
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASSOMS ADDITION TO LEBA
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 12S02W10AA

Ownership

  • Current Owner : HALE TIMOTHY
  • Current Owner 2: HALE JESSICA
  • Previous Owner : GALBRAITH WILLIAM W
  • Previous Owner 2: GALBRAITH ADRIENNE J
  • Owner Before Previous Owner: FANNIE MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lebanon Community School District 9
  • School Tax School District: SWEET HOME
  • Census Tract: 030801

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 12S02W10AA
  • Parcel: 0171575
  • Block: 1
  • Lot: 7,8
  • Meridian: SEC 10 TWN 12S RNG 02W
  • Municipality: LEBANON
  • Latitude: 44.5469
  • Longitude: -122.909

    Address

  • Full Address: 111 N 2nd St
  • Address - House Number: 111
  • Street Direction: N
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lebanon
  • Carrier Code: C005
  • 4-Digit Zip Code: 2803
  • Zip Code: 97355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,423
  • Tax Rate Code Area: 00977

    Appraisal Valuation

  • Standard Deviation: 0.2056
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 72
  • Final Value: 317,153
  • High Value: 382,379
  • Low Value: 251,926

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,000
  • First Open Lien Mortgage Lender: OREGON STATE CU
  • First Open Lien Mortgage Recording Date: Jun 23, 2017
  • First Open Lien Mortgage Loan Amount: $163,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2047

    Market Valuation

  • Market Total Value: $271,080
  • Market Land Value: $122,000
  • Market Improvement Value: $149,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,670

    Sales

  • Current Sale Contract Date: Jun 21, 2017
  • Current Sale Recording Date: Jun 23, 2017
  • Current Sale Transaction ID: 1588688470
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-11002
  • Previous Sale Recording Date: Aug 28, 2015
  • Previous Sale Contract Date: Aug 25, 2015
  • Previous Sale Amount: $106,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OREGON STATE CU
  • First Mortgage Transaction Date: Jun 23, 2017
  • First Mortgage Loan Amount: $163,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

About Lebanon



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Frequently Asked Questions

What neighborhood is 111 North 2nd Street located in?
The 111 North 2nd Street is a located in the neighborhood of Linn in Lebanon, Lebanon.
What is the average sales price for listings in 111 North 2nd Street?
The average sales price for units in 111 North 2nd Street is $0 currently.

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