515 Pearson St, Lebanon, OR, 97355
About This Home
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
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Foundation: Slab
- Roof: Metal or Aluminum
- Construction materials: Vinyl Siding,Lap Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Microwave,Range Included,Electric Water Heater
- Laundry features: Main Level
Bedroom2
- Level: Main
Bedroom3
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Dining Room
- Features: Area (Combination)
- Level: Main
Features
- Other(Refer to Remarks),High Speed Internet
- Flooring: Carpet
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Natural Gas,Electric,Ductless/Mini-Split
- Cooling features: Central Air
Interior Area
- Total structure area: 1,936
- Total interior livable area: 1,936 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 00212064
- Zoning: UGA
- Exclusions: Samsung TV Mounted in Shop
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: Above Ground
- Patio & porch: Covered Patio,Deck
- Exterior features: White
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 3.50 Acres
- Features: Dimension Above,Landscaped
Parking
- Total spaces: 2
- Parking features: Detached,RV Disposal,RV Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Heat Wave
- Inland Flooding
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Linn County and Oregon
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,412 | $40,944 |
| Home Insurance * | $182 | $2,184 |
| Property Taxes | $827 | $9,924 |
| Electricity | $176 | $2,119 |
| Total | $4,597 | $55,164 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $649,900 |
| 2026-07-28 | Price change | $674,900 |
| 2026-07-02 | Price change | $689,900 |
| 2026-05-15 | Listed for sale | $699,900 |
| 2008-05-10 | Listing removed | $325,000 |
| 2008-02-01 | Listed for sale | $325,000 |
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