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$699,900 Just Listed
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Property Description
Subdividable 3.5 Acre Lot w/3 Lrg Outbuildings! Enjoy the feel of country living less than 1/2 mile away from town. Home features 3B/2Ba w/huge bonus room & many updates to kitchen, all new flooring throughout, a wood FP & huge mud/laundry rm w/inside hot tub. Outside has 2nd well, a 32x48 garage w/living area & wood burning FP, 36x52 shop w/bonus room w/mini split, full bath, laundry, separate septic tank w/RV power, septic connection & 2 RV size bays & 36x36 barn w/field access for animals
Full Property Details
Full Property Details for 515 Pearson St
General
- Price: $699,900
- Taxes: $3,985 (2024)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 840220
- Updated: 5/15/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Above-ground Pool
Exterior
- Color: White
Parking
- Garage Description: Detached
Location
- County: LINN COUNTY
- Driving Directions: S on Hwy 20, R on Weldwood, L on Cascade, R on Pearson, property at end of road
School Information
- Elementary School: Riverview
- Middle School: Seven Oak
- High School: Lebanon
Heating & Cooling
- Heating/Cooling: Gas, Electric, Central AC, Ductless/Mini-Split
- Water Heater: Electric
Utilities
- Water: Well
Structural Information
- Roof: Metal or Aluminum
- Square Feet: 1,936
- Year Built: 1958
Lot Features
- Lot Size (Acres): 3.5
- Lot Size (Sq. Ft.): 152,460
- Zoning: UGA
- Lot Description: *
Financial Considerations
- Price Per Sq. Ft.: $361.52
- Price Per Acre: $199,971.43
- Assessment Year: 1958
- Tax Amount: $3,985
- Tax Year: 2024
Disclosures and Reports
- Lot Number: *
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Schools
Schools serving 515 Pearson St
School District:Lebanon Community School District 9
| Name | Grades | Distance |
|---|---|---|
Riverview School 1011 Mountain River Drive, Lebanon, OR 97355 | K-5 | 1 mi |
Seven Oak Middle School 550 Cascade Drive, Lebanon, OR 97355 | 6-8 | 0.2 mi |
Lebanon High School 1700 South 5th Street, Lebanon, OR 97355 | 9-12 | 1.5 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 515 Pearson St
Date
Details
Price
Change
Source
5/15/2026
Listed
$699,900
—
MLS
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 515 Pearson St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,091
3%
$278,830
3%
2024
$3,985
3%
$270,710
3%
2023
$3,868
7%
$262,830
6%
2021
$3,625
-4%
$247,750
-3%
2022
$3,787
4%
$255,180
6%
2021
$3,625
5%
$240,540
3%
2019
$3,461
3%
$233,540
3%
2018
$3,374
2%
$226,740
3%
2017
$3,299
2%
$220,140
3%
2016
$3,221
4%
$213,730
3%
2015
$3,095
3%
$207,510
3%
2014
$3,010
7%
$201,470
3%
2013
$2,802
—
$195,610
—
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 515 Pearson St
515 Pearson St, Lebanon, OR 97355 (MLS# 840220) is a Single Family property with 3 bedrooms and 2 full bathrooms. 515 Pearson St is currently listed for $699,900 and was received on May 15, 2026. Want to learn more about 515 Pearson 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.

