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  • $445,000

    525 NE 7th St, McMinnville, OR 97128

    3beds
    1,872sqft
    Residential, Single Family Residence
    Built in 1895
    4,791 Square Feet Lot
    $471,400 Zestimate®
    $238/sqft
    $2,578 Estimated rent

    Home value

    $471,400

    $448,000 - $500,000

    $2,578/mo

    Zestimate® history
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    What's special

    Large laundry roomFull width front deckHigh ceilingsFull downstairs bathroomLarge windowNew foundationNew roof
    Welcome to this 2-story single family residence built in 1895, centrally located downtown in McMinnville! The full width front deck opens right to the living room boasting high ceilings and a large window, followed by an office or bedroom allowing for single level living. Next you have the full downstairs bathroom that circles around to the kitchen and dining rooms. Upstairs you find 3 bedrooms and a second full bathroom. Off the kitchen to the back of the home is a large laundry room with plenty of storage and access to the backyard and to the single car garage. You will find plenty of character throughout, with opportunities for the right buyer to make improvements to bring their vision of historic downtown living to life. Stepping outside you find yourself immersed in downtown McMinnville as the only residence on a quiet street with plenty of mature trees and shrubs. The home is suitable as a primary residence, a local business or even the possibility of a short-term rental in the desirable downtown McMinnville area. 2023 brought a new roof and installation of a new foundation, including improvements to the crawl space which facilitates the ability to flourish for decades to come. Take a look for yourself to see what future you may create here in historic McMinnville. Sale is contingent upon the Sellers purchase of a replacement property which the Seller has already secured a contract to move forward without delay.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristi Masterson 541-991-1851,

    Premiere Property Group, LLC,

    Dan Masterson 541-991-1851,

    Premiere Property Group, LLC

    Bought with:

    Lauren Cummings, 201254754

    Bella Casa Real Estate Group

    Source: RMLS (OR),MLS#: 24086526MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Upper
    Bedroom 2
    • Level: Upper
    Bedroom 3
    • Level: Upper
    Heating
    • Baseboard, Zoned
    Appliances
    • Included: Free-Standing Range, Electric Water Heater
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 1,872
    • Total interior livable area: 1,872 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Off Street, Attached
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 4,791 Square Feet
    • Features: SqFt 3000 to 4999
    Details
    • Parcel number: 161425

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1895

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Mcminnville

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $348,723
    • Annual tax amount: $2,171
    • Date on market: 1/18/2024
    • Cumulative days on market: 12 days
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/6/2024Sold$445,000-1.1%$238/sqft
    Source: RMLS (OR) #24086526 Report a problem
    2/1/2024Pending sale$449,900$240/sqft
    Source: RMLS (OR) #24086526 Report a problem
    1/18/2024Listed for sale$449,900+100.8%$240/sqft
    Source: RMLS (OR) #24086526 Report a problem
    11/24/2021Sold$224,050+79.2%$120/sqft
    Source: Public Record Report a problem
    4/22/2016Sold$125,000-34.2%$67/sqft
    Source: Public Record Report a problem
    10/1/2015Price change$189,900-5%$101/sqft
    Source: Willamette West REALTORS #15416096 Report a problem
    6/5/2015Listed for sale$199,900$107/sqft
    Source: Willamette West, Realtors Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,427 +5.5%$136,306 +3%
    2024$2,300 +5.9%$132,336 +3%
    2023$2,172 +5.6%$128,482 +3%
    2022$2,057 +2.4%$124,740 +3%
    2021$2,009 +0.8%$121,107 +3%
    2020$1,993 +2.8%$117,580 +3%
    2019$1,939 +2%$114,155 +3%
    2018$1,900 $110,830 +3%
    2017$1,900 +7.5%$107,602 +3%
    2016$1,768 $104,468 +3%
    2015$1,768 +2.5%$101,427 +3%
    2014$1,725 +11.7%$98,474 +4.6%
    2013$1,545 -0.3%$94,124 +0.2%
    2012$1,550 -3.9%$93,983 -3.2%
    2011$1,612 +3.7%$97,125 +3%
    2010$1,555 +1.7%$94,298 +3%
    2009$1,530 +4.3%$91,552 +3%
    2008$1,467 +2.4%$88,886 +3%
    2007$1,433 +10.7%$86,297 +3%
    2006$1,294 -2.5%$83,784 +3%
    2005$1,327 +5.5%$81,344 +3%
    2004$1,258 -6.3%$78,975 +3%
    2003$1,342 +4.3%$76,675 +3%
    2002$1,287 +4.1%$74,442 +3%
    2001$1,237 +3.9%$72,274 +3%
    2000$1,190 $70,169
    Find assessor info on the county website

    Neighborhood: 97128

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Memorial
    • Middle: Patton
    • High: Mcminnville

    Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $471,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $471,400