Dreaming of a project in a peaceful, picturesque setting? This 2 bed, 1 bath home on 9.3 beautiful acres offers endless potential to create your dream home. Updates have already been started, including kitchen cabinets and countertops, an updated bathroom, a new heat pump, and a new water heater. A slab has been poured for a future addition, and a creek flowing through the property creates a serene, natural backdrop. Bring your vision and finish what’s been started!
Pending
Listed by: Homesmart Realty Group - Sweet Home • WENDI MELCHER • Contact: 541-409-4813
Price cut: $15K (5/29)
$420,000
38775 Golden Valley Dr, Lebanon, OR 97355
2beds
970sqft
Single Family Residence
Built in 1940
9.34 Acres Lot
$410,300 Zestimate®
$433/sqft
$-- HOA
What's special
Updated bathroomNew water heaterNew heat pump
- 92 days |
- 231 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
WENDI MELCHER Cell:541-409-4813,
Homesmart Realty Group - Sweet Home,
BRITTANI ALBRECHT,
Homesmart Realty Group - Sweet Home
Source: WVMLS,MLS#: 838855
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Features: Area (Combination)
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Heat Pump, Hot Water, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Range Included, Electric Water Heater
- Laundry: Main Level
Features
- Mudroom
- Flooring: Vinyl, Laminate
- Has fireplace: No
Interior area
- Total structure area: 970
- Total interior livable area: 970 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has view: Yes
- View description: Territorial
- Has water view: Yes
- Waterfront features: Waterfront
Lot
- Size: 9.34 Acres
- Features: Dimension Above, Landscaped
Details
- Additional structures: Shed(s), Workshop, RV/Boat Storage
- Parcel number: 00160479
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Continuous, Slab
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 1/Main
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lebanon
Financial & listing details
- Price per square foot: $433/sqft
- Tax assessed value: $459,580
- Annual tax amount: $2,154
- Price range: $420K - $420K
- Date on market: 4/7/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Rehab Loan
Estimated market value
$410,300
$390,000 - $431,000
$2,025/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Pending sale | $420,000$433/sqft |
Source: | ||
| 5/29/2026 | Price change | $420,000-3.4%$433/sqft |
Source: | ||
| 4/8/2026 | Listed for sale | $435,000+163.6%$448/sqft |
Source: | ||
| 3/31/2017 | Sold | $165,000$170/sqft |
Source: | ||
| 3/21/2017 | Pending sale | $165,000$170/sqft |
Source: Keller Williams Rlty Mid Wlmte #16234397 Report a problem | ||
| 3/15/2017 | Price change | $165,000-13.1%$170/sqft |
Source: Keller Williams Rlty Mid Wlmte #16234397 Report a problem | ||
| 3/7/2017 | Listed for sale | $189,900$196/sqft |
Source: Keller Williams Rlty Mid Wlmte #16234397 Report a problem | ||
| 2/28/2017 | Pending sale | $189,900$196/sqft |
Source: Keller Williams - Mid-Willamette #712682 Report a problem | ||
| 1/12/2017 | Price change | $189,900-5.1%$196/sqft |
Source: Keller Williams - Mid-Willamette #712682 Report a problem | ||
| 12/7/2016 | Price change | $200,000-11.1%$206/sqft |
Source: Keller Williams - Mid-Willamette #712682 Report a problem | ||
| 7/28/2016 | Listed for sale | $225,000$232/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,473 +3% | $168,030 +3% |
| 2023 | $2,401 +2.1% | $163,140 +3% |
| 2022 | $2,351 +4.5% | $158,390 +3% |
| 2021 | $2,250 +2.1% | $153,780 +3% |
| 2020 | $2,205 +2.6% | $149,310 +3% |
| 2019 | $2,148 -2.5% | $144,970 -2.1% |
| 2018 | $2,204 | $148,130 +3% |
| 2017 | $2,204 +2.3% | $143,820 +3% |
| 2016 | $2,155 +2.4% | $139,640 +3% |
| 2015 | $2,104 +3.5% | $135,580 +3% |
| 2014 | $2,033 +25.4% | $131,640 +3% |
| 2013 | $1,622 +931.5% | $127,810 +3% |
| 2012 | $157 -89.9% | $124,090 +3% |
| 2011 | $1,551 +7.7% | $120,480 +3% |
| 2010 | $1,440 +5.6% | $116,980 +3% |
| 2009 | $1,364 | $113,580 +3% |
| 2008 | $1,364 +2.1% | $110,273 +3% |
| 2007 | $1,336 +5.2% | $107,062 +3% |
| 2006 | $1,270 -12.3% | $103,945 +3% |
| 2005 | $1,448 -0.6% | $100,918 +3% |
| 2004 | $1,456 +6.1% | $97,980 +3% |
| 2003 | $1,372 +9.2% | $95,127 +3% |
| 2002 | $1,256 | $92,357 +3% |
| 2001 | -- | $89,667 +3% |
| 2000 | -- | $87,056 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97355
Nearby schools
GreatSchools rating
- 3/10Lacomb SchoolGrades: K-8Distance: 6.3 mi
- 5/10Lebanon High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Lacomb
- Middle: Lacomb
- High: Lebanon
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Linn County
- Lebanon
- 97355
- 38775 Golden Valley Dr





