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For sale
    • Listed by: Coldwell Banker Valley Brokers • KIM SHELBY • Contact: Direc: 503-991-6600
    Price cut: $25K (8/10)
    $649,900

    515 Pearson St, Lebanon, OR 97355

    3beds
    1,936sqft
    : 
    $4,480/mo
    Get pre-qualified
    Single Family Residence
    Built in 1958
    3.5 Acres Lot
    $649,500 Zestimate®
    $336/sqft
    $-- HOA

    What's special

    Inside hot tubMini splitHuge bonus roomWood fpAll new flooring throughoutMany updates to kitchen
    Subdividable 3.5 Acre Lot w/3 Lrg Outbuildings! Enjoy the feel of country living less than 1/2 mile away from town. Home features 3B/2Ba w/huge bonus room & many updates to kitchen, all new flooring throughout, a wood FP & huge mud/laundry rm w/inside hot tub. Outside has 2nd well, a 32x48 garage w/living area & wood burning FP, 36x52 shop w/bonus room w/mini split, full bath, laundry, separate septic tank w/RV power, septic connection & 2 RV size bays & 36x36 barn w/field access for animals
    88 days
    |
    727
    |
    34
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    KIM SHELBY Direc:503-991-6600,

    Coldwell Banker Valley Brokers,

    MARIAH WILLIS,

    Coldwell Banker Valley Brokers

    Source: WVMLS,MLS#: 840220MLS Logo

      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: Area (Combination)
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Natural Gas, Electric, Ductless/Mini-Split
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Microwave, Range Included, Electric Water Heater
      • Laundry: Main Level
      Features
      • Other(Refer to Remarks), High Speed Internet
      • Flooring: Carpet
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,936
      • Total interior livable area: 1,936 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, RV Disposal, RV Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered Patio, Deck
      • Exterior features: White
      • Has private pool: Yes
      • Pool features: Above Ground
      • Fencing: Partial
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 3.5 Acres
      • Features: Dimension Above, Landscaped
      Details
      • Additional structures: Barn(s), Workshop, See Remarks, RV/Boat Storage
      • Parcel number: 00212064
      • Zoning: UGA

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Lap Siding
      • Foundation: Slab
      • Roof: Metal or Aluminum
      Condition
      • New construction: No
      • Year built: 1958

      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: $336/sqft
      • Tax assessed value: $645,810
      • Annual tax amount: $3,985
      • Price range: $649.9K - $649.9K
      • Date on market: 5/15/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
      • Inclusions: Pool & push mower in shlpe
      • Exclusions: Samsung TV Mounted in Shop

        Estimated market value

        $649,500

        $617,000 - $682,000

        $2,380/mo

        Price history

        DateEventPrice
        8/10/2026Price change$649,900-3.7%$336/sqft
        Source: WVMLS #840220 Report a problem
        7/28/2026Price change$674,900-2.2%$349/sqft
        Source: WVMLS #840220 Report a problem
        7/2/2026Price change$689,900-1.4%$356/sqft
        Source: WVMLS #840220 Report a problem
        5/15/2026Listed for sale$699,900+115.4%$362/sqft
        Source: WVMLS #840220 Report a problem
        5/10/2008Listing removed$325,000$168/sqft
        Source: NCI #585968 Report a problem
        2/1/2008Listed for sale$325,000$168/sqft
        Source: NCI #585968 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,091 +2.7%$278,830 +3%
        2024$3,985 +3%$270,710 +3%
        2023$3,868 +2.1%$262,830 +3%
        2022$3,787 +4.5%$255,180 +3%
        2021$3,625 +2.1%$247,750 +3%
        2020$3,552 +2.6%$240,540 +3%
        2019$3,461 +2.6%$233,540 +3%
        2018$3,374 $226,740 +3%
        2017$3,374 +2.3%$220,140 +3%
        2016$3,299 +2.4%$213,730 +3%
        2015$3,221 +4.1%$207,510 +3%
        2014$3,095 +10.5%$201,470 +3%
        2013$2,802 +925.1%$195,610 +3%
        2012$273 -90.1%$189,920 +3%
        2011$2,774 +7.7%$184,390 +3%
        2010$2,575 +5.6%$179,020 +3%
        2009$2,439 $173,809 +3%
        2008$2,439 +2.1%$168,748 +3%
        2007$2,389 +5.2%$163,834 +3%
        2006$2,272 +8.8%$159,063 +9.4%
        2005$2,087 -0.6%$145,452 +3%
        2004$2,099 +6.1%$141,217 +3%
        2003$1,978 +9.2%$137,105 +3%
        2002$1,811 $133,113 +3%
        2001-- $129,236 +3%
        2000-- $125,472
        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.
        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: South Lebanon

        Getting around

        35 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Riverview
        • Middle: Seven Oak
        • High: Lebanon

        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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