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$275,000
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Property Description
3-bed, 1.5-bath home with great potential in Lebanon. Functional floor plan with good natural light and a solid layout ready for updates. An additional bonus area offers flexibility for a possible 4th bedroom, office, or finished workspace. Property is in need of repairs and is being sold as-is, presenting an excellent opportunity for investors, flippers, or buyers looking to build equity. Convenient location with access to local amenities, schools, and main routes.
Full Property Details
Full Property Details for 493 Park St
General
- Price: $275,000
- Taxes: $2,724 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 551510864
- Updated: 4/6/2026
- Added to Site: 53 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Partial Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: 10 x 9, Main, 90 Sq. Ft.
- Bedroom 2: 8 x 12, Upper, 96 Sq. Ft.
- Bedroom 3: 12 x 8, Upper, 96 Sq. Ft.
Other Rooms
- Living Room: 18 x 12, Main, 216 Sq. Ft.
- Kitchen: 8 x 8, Main, 64 Sq. Ft.
- Dining Room: 10 x 9, Main, 90 Sq. Ft.
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 1
- Parking Features: Driveway, On Street
Location
- County: Linn
- Driving Directions: CORNER OF PARK AND VINE
School Information
- Elementary School: Pioneer
- Middle School: Santiam
- High School: Lebanon
Community
- Community Name: 221 - Linn County
Heating & Cooling
- Heating Type: Baseboard
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: 2 Story
- Basement Desc.: Partial Basement, Unfinished
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 1,351
- Year Built: 1935
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot, Level, Seasonal, Trees
Financial Considerations
- Tax Amount: $2,724.76
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 12S02W11CB
- Disclosures/Reports: Disclosure
- Property ID: 187464
Listed by Opt (503) 908-4908, Shawn Richardson (208) 912-5591
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Schools
Schools serving 493 Park St
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Pioneer School 500 North 5th Street, Lebanon, OR 97355 | K-8 | 0.8 mi |
Seven Oak Middle School 550 Cascade Drive, Lebanon, OR 97355 | 6-8 | 2.2 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 0.9 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 493 Park St
Date
Details
Price
Change
Source
4/06/2026
Listed
$275,000
-16.67%
MLS
7/20/2022
Sold
$330,000
—
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 493 Park St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,725
3%
$129,150
3%
2024
$2,635
3%
$125,390
3%
2023
$2,550
6%
$121,740
6%
2021
$2,407
-4%
$114,760
-3%
2022
$2,496
4%
$118,200
6%
2021
$2,407
7%
$111,420
3%
2019
$2,259
1%
$108,180
3%
2018
$2,232
10%
$105,030
3%
2017
$2,025
9%
$101,980
3%
2016
$1,858
5%
$99,010
3%
2015
$1,771
4%
$96,130
3%
2014
$1,698
7%
$93,339
7%
2013
$1,583
—
$86,960
—
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 493 Park St
493 Park St, Lebanon, OR 97355 (MLS# 551510864) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 493 Park St is currently listed for $275,000 and was received on April 06, 2026. Want to learn more about 493 Park 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.

