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5923 NW Torchcrest Pl, Corvallis, OR, 97330

3beds
3baths
1,725sqft
$500,000
$290price/sqft
$3,583/moest. monthly cost
$143,320/yrincome needed

About This Home

Welcome to Ponderosa Ridge! This beautifully maintained townhome offers an open floor plan with high ceilings, gorgeous flooring, quartz countertops, a large island, pantry, and a spacious living area with a contemporary fireplace. Upstairs features a private primary suite, two additional bedrooms, and laundry. Enjoy a fenced backyard, trails to MLK Park, clubhouse, and HOA-covered exterior maintenance. Minutes to OSU, downtown Corvallis, dining, and parks. Welcome to Ponderosa Ridge! Set in a quiet Corvallis neighborhood with peaceful tree views from both the front and backyard, this beautifully maintained townhome combines quality construction with stylish, low-maintenance living. The open-concept floor plan features high ceilings, natural light, gorgeous flooring, and a spacious living room with a sleek contemporary fireplace and oversized windows overlooking the backyard. The kitchen is designed for everyday living and entertaining with quartz countertops, white cabinetry, subway tile backsplash, open shelving, a large island with seating, pantry, and generous prep space. The dining area opens to the private patio for seamless indoor-outdoor living. Upstairs, the spacious primary suite offers serene views, a walk-in closet, and a private bath with dual vanities and an oversized glass shower. Two additional bedrooms provide flexibility for guests, a home office, or hobbies, while the upstairs laundry room adds everyday convenience. Enjoy the fully fenced backyard with a paver patio, lawn, and attractive landscaping, perfect for relaxing or entertaining. Residents also enjoy neighborhood trails leading to MLK Park and access to the community clubhouse. HOA dues include front landscape maintenance, gutter cleaning, exterior maintenance, and clubhouse maintenance for easy ownership. Located in the heart of Corvallis, you're just minutes from Oregon State University, the vibrant downtown filled with local restaurants, breweries, coffee shops, and the popular Corvallis Farmers' Market. Outdoor enthusiasts will love nearby parks, miles of walking and biking trails, and easy access to the Willamette River, making this an exceptional place to call home.

Getting Around

4
WalkingCar-Dependent
12
TransitMinimal Transit
61
BikeBikeable

Schools

7/10
Cheldelin Middle SchoolGrades 6-83.9 mi
7/10

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range Included,Gas Water Heater
  • Laundry features: Upper Level

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Area (Combination)
  • Level: Main

Features

  • Flooring: Carpet
  • Fireplace features: Electric,Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,725
  • Total interior livable area: 1,725 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 11520DD03300
  • Zoning: RS6

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Fenced

Lot

  • Lot size: 3,049 sqft
  • Features: Zero Lot Line

Parking

  • Total spaces: 1
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters in Benton County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$99$1,188
Property Taxes $780$9,360
Electricity $176$2,119
Total$3,583$42,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,845/yr
40% on housing$107,490/yr
45% on housing$95,546/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.5%
4.5%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$290This listing

vs Other Active Listings

Avg $/sqft

ZIP 97330$270
Benton County$271

vs Homes Sold Last Month

Median $/sqft

ZIP 97330$304
Benton County$297

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-02Listed for sale$500,000
2023-03-10Sold$451,875
2022-10-30Listed for sale$451,875

For Sale by Agent

AgentNICK SHIVERS
BrokerageExp Realty, Llc

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