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$775,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2,437 Sq. Ft.
  • Updated 20 hours ago

Listed By: LAURA. GILLOTT | Keller Williams Realty Mid-Willamette - Gillott Team | (541) 451-2211 and MACKENZIE. GREENLY | Keller Williams Realty Mid-Willamette - Gillott Team | (541) 409-7671 | DIREC: 541-451-2211

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Charming 1870-built home offering 2,437 sq ft of character and space on a large 0.24-acre lot. Features include large bedrooms, a detached two-car garage, covered front porch, sunroom, pantry, and a light, bright kitchen with tile backsplash. Beautiful formal dining room, brick fireplace, crown molding, and timeless original details throughout. Fully furnished, making this an ideal Air BNB opportunity for traveling nurses, med student guests, and more!

Full Property Details for 488 S Second St

General

  • Price: $775,000
  • Taxes: $4,395 (2025)
  • Status: Active
  • Type: Single Family
  • Source: WVMLS
  • MLS ID: 837521
  • Updated: 2/13/2026
  • Added to Site: Today

Interior

  • Flooring: Carpet, Vinyl, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Garage Description: Detached

Location

  • County: LINN COUNTY
  • Subdivision: Ralstons Second Add

School Information

  • Elementary School: Green Acres
  • Middle School: Seven Oak
  • High School: Lebanon

Heating & Cooling

  • Heating/Cooling: Gas, Electric, Forced Air
  • Water Heater: Electric

Utilities

  • Sewer: Yes
  • Water: City, Well

Structural Information

  • Basement Desc.: Full, Unfinished
  • Roof: Composition
  • Square Feet: 2,437
  • Year Built: 1870

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Description: 4

Financial Considerations

  • Price Per Sq. Ft.: $318.01
  • Assessment Year: 1870
  • Tax Amount: $4,395
  • Tax Year: 2025

Disclosures and Reports

  • Lot Number: 4

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NMLS#: 1598647

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Schools serving 488 S Second St

School District:Lebanon Community School District 9
NameGradesDistance
Green Acres School
700 South 10th Street, Lebanon, OR 97355
K-50.7 mi
Seven Oak Middle School
550 Cascade Drive, Lebanon, OR 97355
6-82.3 mi
Lebanon High School
1700 South 5th Street, Lebanon, OR 97355
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 488 S Second St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Listed
$775,000
93.75%
MLS
5/22/2023
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
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 for 488 S Second St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,396
3%
$208,360
3%
2024
$4,251
3%
$202,300
3%
2023
$4,114
25%
$196,410
6%
2021
$3,295
-4%
$185,140
-3%
2022
$3,417
4%
$190,690
6%
2021
$3,295
7%
$179,750
3%
2019
$3,092
1%
$174,520
3%
2018
$3,068
2%
$169,440
3%
2017
$2,996
3%
$164,510
3%
2016
$2,905
3%
$159,720
3%
2015
$2,830
2%
$155,070
3%
2014
$2,783
4%
$150,560
3%
2013
$2,668
—
$146,180
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 488 S Second St

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6309 Elena St NE, Albany, OR 97321 - Photo 1 Price Reduced
-$20,000 (-3.51%)
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6309 Elena St NE  Albany, OR 97321

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38115 Scravel Hill Rd, Albany, OR 97322 - Photo 1 Price Reduced
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Recent Sales near 488 S Second St

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Sold by JODI. ELLIOTT | Connected Real Estate Group
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1780 S Main St  Lebanon, OR 97355

  • Office
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Listed by Keller Williams Realty Mid-Willamette, Laura Gillott
Sold by Non Rmls Broker, OR and WA Non Rmls

488 S 2nd St, Lebanon, OR 97355 (MLS# 837521) is a Single Family property with 3 bedrooms and 2 full bathrooms. 488 S 2nd St is currently listed for $775,000 and was received on February 13, 2026. Want to learn more about 488 S 2nd 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.

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