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30900 Spring St, Lebanon
$850,000
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- Price per sqft
- $402.46
- Built in
- 1910
- Property size
- 2,112 sqft
- Lot size
- 122.2 acres
- Property type
- Residential
- Days on market
- 60
Overview
100+ acres of Willamette Valley farmland with attractive owner financing available. The property consists of tillable acreage that is currently leased and planted to grass seed, providing immediate agricultural income potential. The property is dry farmed and soils include Bashaw Silty Clay and Pengra Silt Loam (USDA Web Soil Survey). The property is improved with a residence, shop, and barn; however, the seller wishes to retain a life estate in the home and approximately three acres surrounding the residence, including the shop and barn. This unique arrangement allows a buyer to acquire an income producing agricultural asset while guaranteeing a tenant for the residence. Owner financing is available with 30% to 50% down and the balance amortized over 15 years, creating an excellent opportunity for investors, farmers, or those looking to expand an existing operation with favorable financing terms. Whether you're seeking a long-term investment or productive addition to your farming portfolio, this Willamette Valley property offers exceptional value and income potential.
Details
Interior
- Fireplace
- Yes
- Fireplaces
- 1
- Fireplace description
- Wood Burning
- Cooling
- No
- Heating
- No
- Heating description
- Other
Exterior and lot
- Lot size
- 122.2 acres
- Lot features
- Level
- Architectural style
- Two Stories
- Roof
- Metal
- View
- Yes
- View description
- Territorial
Utilities
- Sewer
- Cesspool
- Water source
- Well
Parking
- Garage spaces
- 0
- Parking
- Driveway
- Total parking
- 0
Schools
- High school
- Lebanon
- Middle school
- Seven Oak
- Elementary school
- Greenacres
Location
- City
- Lebanon
- County
- Linn
- Zoning
- EFU
Taxes and dues
- Annual taxes
- $1,744 (2025)
Location
30900 Spring St, Lebanon, OR 97355
Monthly payment estimate
$4,669 /mo
- Principal and interest
- $4,524
- Property tax (2025)
- $145
- Total
- $4,669
Estimate only, and not an offer of credit. Assumes 20% down ($170,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.
