Rare 1.71-acre property w/ prime redevelopment potential! Two level, buildable tax lots, zoned RS-6, w/ existing home. Ideal for cottage clusters, SFR homes, multifamily development, or a townhome project of up to ~41 units. Located on a multi-use path, only mins from OSU, Bald Hill (trails), shopping, & downtown. Views of Mary’s Peak! Home is well-maintained 3 bed/2 bath that could be retained. Buyer to do due diligence on all aspects of listing. Don’t miss full property website for all info. Also #835828
For sale
Listed by: Re/Max Integrity Corvallis Branch • MICHAEL KRASILOVSKY • Contact: Agent: 541-207-6074
Price cut: $200K (7/29)
$1,550,000
1045 SW 53rd St, Corvallis, OR 97333
3beds
1,664sqft
Single Family Residence
Built in 1952
1.71 Acres Lot
$1,496,000 Zestimate®
$931/sqft
$-- HOA
What's special
Two level
- 256 days |
- 294 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
MICHAEL KRASILOVSKY Agent:541-207-6074,
Re/Max Integrity Corvallis Branch
Source: WVMLS,MLS#: 834927
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Dining room
- Features: Formal
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Gas Water Heater
- Laundry: Main Level
Features
- High Speed Internet
- Flooring: Carpet, See Remarks, Vinyl
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Living Room
Interior area
- Total structure area: 1,664
- Total interior livable area: 1,664 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: Handicap Amenities - See Remarks
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Patio
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.71 Acres
- Features: Irregular Lot, Zero Lot Line
Details
- Additional structures: See Remarks, Shed(s), RV/Boat Storage
- Parcel number: 12504CB01700
- Zoning: RS-6
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Electric: 1/Main
- Sewer: Public Sewer
- Water: Public, Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Corvallis
Financial & listing details
- Price per square foot: $931/sqft
- Tax assessed value: $472,980
- Annual tax amount: $5,411
- Price range: $1.6M - $1.6M
- Date on market: 12/4/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: Kitchen Appliances
- Exclusions: w/d, tenant property
Estimated market value
$1,496,000
$1.42M - $1.57M
$3,306/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Price change | $1,550,000-11.4%$931/sqft |
Source:  RMLS (OR) #421142075 Report a problem | ||
| 3/4/2026 | Price change | $1,750,000-7.9%$1,052/sqft |
Source:  WVMLS #834927 Report a problem | ||
| 12/4/2025 | Listed for sale | $1,900,000$1,142/sqft |
Source: WVMLS #834927 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,088 +3% | $250,036 +3% |
| 2023 | $3,968 +3% | $242,753 +3% |
| 2022 | $3,852 +3.4% | $235,683 +3% |
| 2021 | $3,725 +3.7% | $228,818 +3% |
| 2020 | $3,593 +5.2% | $222,153 +3% |
| 2019 | $3,415 -3% | $215,683 +3% |
| 2018 | $3,520 +2.5% | $209,401 +3% |
| 2017 | $3,433 +8.6% | $203,302 +3% |
| 2016 | $3,162 | $197,381 +3% |
| 2015 | $3,162 +2.2% | $191,632 +3% |
| 2014 | $3,095 +2.6% | $186,050 +6.1% |
| 2012 | $3,015 | $175,370 +6.1% |
| 2010 | -- | $165,303 +3% |
| 2009 | -- | $160,488 +3% |
| 2008 | -- | $155,814 +3% |
| 2007 | -- | $151,276 +3% |
| 2006 | -- | $146,870 +3% |
| 2005 | -- | $142,592 +3% |
| 2004 | -- | $138,439 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97333
Nearby schools
GreatSchools rating
- 8/10Adams Elementary SchoolGrades: K-5Distance: 1.2 mi
- 8/10Linus Pauling Middle SchoolGrades: 6-8Distance: 3.2 mi
- 5/10Corvallis High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Adams
- Middle: Linus Pauling
- High: Corvallis
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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