1898 Historic resource sitting on a high visibility highway 20 (2nd St) corner lot zoned central business that's one block from highway 34 (Harrison Blvd) access. This means the use could be anything from high traffic retail, office space, to residential or a combination. The building is a listed national historic resource in it's original location. The resource is in rough shape and will need considerable work to restore, although all design elements are present. There are multiple tax incentives and grants available to the restorer. I have information on those for interested parties.
FYI for those that don't know; Listed historic resources have restrictions on how the exterior of the resource is restored. However, you have freedom of options for the interior of the space.
The resource is Italianate Architecture and is named the "Levi Henkle House". It has a main entrance with two internal entrances to separate units, one upstairs and one down. There are two kitchens and two baths. Alley access for off-street parking in addition to street parking.
Please call for more information only if you are a serious restorer. NO TEXTS will be answered.
Sold for $185,000
$185,000
502 NW 2nd St, Corvallis, OR 97330
5beds
2,456sqft
Unknown
Built in 1898
-- sqft lot
$266,500 Zestimate®
$75/sqft
$2,051 Estimated rent
Home value
$266,500
$195,000 - $357,000
$2,051/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2.5
- Full bathrooms: 2
Heating
- Gas
Features
- Basement: None
- Has fireplace: No
Interior area
- Total interior livable area: 2,456 sqft
Property
Parking
- Parking features: Off-street, On-street
Features
- Exterior features: Wood
- Has view: Yes
- View description: Water, City
- Has water view: Yes
- Water view: Water
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 11535DB07100
Construction
Type & style
- Home type: Unknown
Materials
- Roof: Composition
Condition
- Year built: 1898
Community & HOA
Location
- Region: Corvallis
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $293,850
- Annual tax amount: $2,717
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2024 | Sold | $185,000+19.4%$75/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/1/2020 | Sold | $155,000-35.1%$63/sqft |
Source: Public Record Report a problem | ||
| 1/19/2017 | Listing removed | $239,000$97/sqft |
Source: Owner Report a problem | ||
| 7/22/2016 | Price change | $239,000-4.4%$97/sqft |
Source: Owner Report a problem | ||
| 3/7/2016 | Listed for sale | $250,000$102/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,717 +3% | $145,819 +3% |
| 2023 | $2,638 +3% | $141,572 +3% |
| 2022 | $2,561 +3.4% | $137,449 +3% |
| 2021 | $2,476 +3.7% | $133,446 +3% |
| 2020 | $2,388 +14.8% | $129,559 +3% |
| 2019 | $2,081 -3% | $125,785 +3% |
| 2018 | $2,146 -2.2% | $122,121 +3% |
| 2017 | $2,193 +12% | $118,564 +3% |
| 2016 | $1,958 | $115,111 +3% |
| 2015 | $1,958 +2.5% | $111,758 +3% |
| 2014 | $1,909 +2.1% | $108,503 +6.1% |
| 2012 | $1,870 | $102,275 +6.1% |
| 2010 | -- | $96,404 +3% |
| 2009 | -- | $93,596 +3% |
| 2008 | -- | $90,870 +3% |
| 2007 | -- | $88,223 +3% |
| 2006 | -- | $85,653 +3% |
| 2005 | -- | $83,158 |
Find assessor info on the county website
Neighborhood: 97330
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Nearby schools
GreatSchools rating
- 6/10Garfield Elementary SchoolGrades: K-5Distance: 1.1 mi
- 8/10Linus Pauling Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Corvallis High SchoolGrades: 9-12Distance: 0.7 mi
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- Oregon
- Benton County
- Corvallis
- 97330
- 502 NW 2nd St