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$415,000 Just Listed
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Property Description
Charming and move-in-ready 3-bedroom, 1-bath home featuring numerous updates and valuable extras! This well-maintained 1-story home offers energy-efficient solar panels to help reduce utility costs, along with a security system for added peace of mind. A new roof in 2023 adds durability and long-term value. Enjoy a spacious yard complete with a greenhouse, freshly tilled garden, established grape vines, and a play structure perfect for outdoor living, gardening, and entertaining. Inside, you'll find a functional layout with a formal dining area, and updates throughout. The finished garage with loft provides excellent additional storage or workspace. This home comes loaded with extras! Seller is including washer, dryer, refrigerator, living room TV, and a small stand-up freezer and 2 window ac units only 2yrs old for those interested and can't forget, a chicken coop with 5 chickens can be included, along with a rototiller for your gardening needs. Conveniently located near parks, and town, this property offers comfort, efficiency, and incredible added value. Don't miss this unique opportunity!
Full Property Details
Full Property Details for 1531 Franklin St
General
- Price: $415,000
- Taxes: $3,272 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 840258
- Updated: 5/6/2026
- Added to Site: 2 day(s) ago
Interior
- Flooring: Vinyl, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Description: Attached
Location
- County: LINN COUNTY
- Subdivision: WALNUT PARK ADDN
School Information
- Elementary School: Riverview
- Middle School: Seven Oak
- High School: Lebanon
Heating & Cooling
- Heating/Cooling: Forced Air
- Water Heater: Electric
Utilities
- Sewer: Yes
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 1,778
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Description: 2
Green Features
- Building Certification: Yes (Refer to Remarks)
Financial Considerations
- Price Per Sq. Ft.: $233.41
- Assessment Year: 1940
- Tax Amount: $3,272
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 2
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Schools
Schools serving 1531 Franklin St
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Riverview School 1011 Mountain River Drive, Lebanon, OR 97355 | K-5 | 0.6 mi |
Seven Oak Middle School 550 Cascade Drive, Lebanon, OR 97355 | 6-8 | 1.5 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1531 Franklin St
Date
Details
Price
Change
Source
5/05/2026
Listed
$415,000
15.28%
MLS
5/01/2023
Sold
$360,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1531 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,272
3%
$155,100
3%
2024
$3,165
3%
$150,590
3%
2023
$3,062
6%
$146,210
6%
2021
$2,891
-4%
$137,830
-3%
2022
$2,998
4%
$141,960
6%
2021
$2,891
7%
$133,820
3%
2019
$2,713
1%
$129,930
3%
2018
$2,692
6%
$126,150
3%
2017
$2,531
10%
$122,480
3%
2016
$2,307
5%
$118,920
3%
2015
$2,191
4%
$115,460
3%
2014
$2,104
5%
$112,100
3%
2013
$2,008
—
$108,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1531 Franklin St
1531 Franklin St, Lebanon, OR 97355 (MLS# 840258) is a Single Family property with 3 bedrooms and 1 full bathroom. 1531 Franklin St is currently listed for $415,000 and was received on May 05, 2026. Want to learn more about 1531 Franklin St? Do you have questions about finding other Single Family real estate for sale in Lebanon? You can browse all Lebanon real estate or contact a Coldwell Banker agent to request more information.

