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40875 Peoples Drive

40875 Peoples Drive, Lebanon, OR 97355
Property in Linn
Sold Aug 18, 2021
$672,500
$548,000 by Usaa Fsb
Mortgage Due Sep 01, 2051
40875 Peoples Drive in Lebanon, OR was first built in 1980 and is 44 years old. Although, the building on the property was most recently renovated and altered in 1990. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 40875 Peoples Drive has 2,704 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 523,156 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of masonite/ cement shake. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 15, 2021 for $672,500. That's $248.71 per sqft. 40875 Peoples Drive was last assessed in 2023. The total value of the property was assessed at $338,340. 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 $4,541. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Masonite/cement shake
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 523,156
  • Total Building Area: 2,704
  • Building Area: 2,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINNHAVEN ORCHARD COMPANY
  • Land Acres: 12.01
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 11S01W1400

Ownership

  • Current Owner : STUBBLEFIELD MATTHEW A
  • Current Owner 2: STUBBLEFIELD SARAH ELIZABETH
  • Previous Owner : LEE DAVID R
  • Previous Owner 2: LEE SUSAN A
  • 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: TANGENT
  • Census Tract: 030100

Zoning

  • Zoning: F/F

Geography

  • Assessors Map Reference: 11S01W1400
  • Parcel: 0675492
  • Lot: 46,87
  • Meridian: SEC 14 TWN 11S RNG 01W
  • Municipality: LEBANON
  • Latitude: 44.6086
  • Longitude: -122.772

    Address

  • Full Address: 40875 Peoples Dr
  • Address - House Number: 40875
  • Address - Street Name: Peoples
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Lebanon
  • Carrier Code: H068
  • 4-Digit Zip Code: 9140
  • Zip Code: 97355

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,541
  • Tax Rate Code Area: 00902

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 710,181
  • High Value: 822,661
  • Low Value: 597,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Aug 18, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $723,080
  • Market Land Value: $374,620
  • Market Improvement Value: $348,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,340

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2021
  • Current Sale Recording Date: Aug 18, 2021
  • Current Sale Transaction ID: 11849464002
  • Current Sale Price: $672,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-19783

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Aug 18, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2051

About Linn



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Frequently Asked Questions

What neighborhood is 40875 Peoples Drive located in?
The 40875 Peoples Drive is a located in the neighborhood of Linn in Linn, Lebanon.
What is the average sales price for listings in 40875 Peoples Drive?
The average sales price for units in 40875 Peoples Drive is $0 currently.

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