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For sale
  • Listed by: Exp Realty, Llc • ANDREA BEEM • Contact: 541-231-3109
    Price cut: $9K (4/24)
    $490,000

    875 Shelby Way, Monroe, OR 97456

    4beds
    2,516sqft
    : 
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    Single Family Residence
    Built in 2021
    5,663 Square Feet Lot
    $489,600 Zestimate®
    $195/sqft
    $-- HOA

    What's special

    Propane rangeModern finishes throughoutPropane fireplaceFree-standing soaking tubLuxury vinyl flooringMain-floor primary retreatQuartz countertops
    A Bumpable Offer has Been Accepted. Priced to sell! Built in 2021 and exceptionally well maintained, this move-in ready home is tucked away on a quiet street in the heart of the South Willamette Valley. Conveniently located just 30 minutes from both Eugene and Corvallis, it offers the perfect balance of small-town charm and city access. Enjoy a main-floor primary retreat featuring a free-standing soaking tub, along with modern finishes throughout including quartz countertops, luxury vinyl flooring, a propane range, and propane fireplace. The open layout is ideal for everyday living and entertaining. Backing to private greenspace for added peace and privacy. No HOA. A rare opportunity for newer construction, quality finishes, and a serene setting.
    152 days
    |
    464
    |
    29
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    ANDREA BEEM Cell:541-231-3109,

    Exp Realty, Llc,

    NICHOLE ALLIN,

    Exp Realty, Llc

    Source: WVMLS,MLS#: 837103MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bedroom 4
      • Level: Upper
      Dining room
      • Features: Area (Combination)
      • Level: Main
      Family room
      • Level: Upper
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Electric, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range Included, Convection Oven, Electric Water Heater
      • Laundry: Upper Level
      Features
      • Rec Room
      • Flooring: Carpet
      • Has fireplace: Yes
      • Fireplace features: Living Room, Gas
      Interior area
      • Total structure area: 2,516
      • Total interior livable area: 2,516 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Brown
      Lot
      • Size: 5,663 Square Feet
      • Dimensions: 63 x 91
      • Features: Dimension Above, Landscaped
      Details
      • Additional structures: RV/Boat Storage
      • Parcel number: 14533BD04200
      • Zoning: GRB

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement, Lap Siding
      • Foundation: Continuous
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2021

      Utilities & green energy

      • Electric: 2/Upper
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Red Hills Estates Phase 2
      HOA
      • Has HOA: No
      Location
      • Region: Monroe

      Financial & listing details

      • Price per square foot: $195/sqft
      • Tax assessed value: $580,100
      • Annual tax amount: $6,023
      • Price range: $490K - $490K
      • Date on market: 1/30/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: VA Loan,Cash,ODVA,FHA,Conventional
      • Inclusions: Refrigerator

        Estimated market value

        $489,600

        $465,000 - $514,000

        $3,267/mo

        Price history

        DateEventPrice
        6/30/2026Contingent$490,000$195/sqft
        Source: eXp Realty #216943104 Report a problem
        4/24/2026Price change$490,000-1.8%$195/sqft
        Source: WVMLS #837103 Report a problem
        1/30/2026Listed for sale$499,000$198/sqft
        Source: WVMLS #837103 Report a problem
        12/19/2025Listing removed$499,000$198/sqft
        Source: WVMLS #832637 Report a problem
        11/20/2025Price change$499,000-2.2%$198/sqft
        Source: WVMLS #832637 Report a problem
        9/16/2025Price change$510,000-2.9%$203/sqft
        Source: WVMLS #832637 Report a problem
        9/2/2025Price change$525,000-1.9%$209/sqft
        Source: WVMLS #832637 Report a problem
        8/14/2025Listed for sale$535,000+14.3%$213/sqft
        Source: WVMLS #832637 Report a problem
        10/27/2021Sold$467,958$186/sqft
        Source: RMLS (OR) #21430954 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,712 +2.8%$315,145 +3%
        2023$5,557 +2.7%$305,966 +3%
        2022$5,412 +386.8%$297,054 +395.6%
        2021$1,112 $59,940

        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.
        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: 97456

        Getting around

        10 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Monroe
        • Middle: Monroe
        • High: Monroe

        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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