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731 N Lincoln St, Lafayette, OR, 97127

4beds
3baths
2,294sqft
$515,000
$224price/sqft
$3,552/moest. monthly cost
$142,080/yrincome needed

About This Home

Just Reduced Price - Highly Motivated Seller -NO HOA - LARGE BED ROOMS - !!! Beautiful Home Welcome to Your Dream Home in Lafayette! Experience the pinnacle of modern elegance and comfort at 731 N Lincoln St, a stunning residence nestled in the heart of charming Lafayette, Oregon. This exceptional 2-story home offers 2,294 square feet of meticulously maintained living space and is perfectly positioned just 30 minutes north of Salem. Property Highlights : Spacious Living: Come into this generously sized 4-bedroom, 2.5-bathroom home where 2249 square feet of refined living space awaits you. Each room is thoughtfully designed to offer both luxury and functionality for your Needs .Elegant Design: The open floor plan seamlessly blends sophisticated design with everyday comfort. The main level features a grand entryway, an expansive living area, and a gourmet kitchen equipped with modern appliances and ample counter space, ideal for culinary creations and entertaining guests. Comfortable Bedrooms: Retreat to the upper level where you will find a luxurious master suite with a private en-suite bathroom and three additional spacious bedrooms, providing a perfect haven for rest and relaxation. Modern Amenities: Enjoy the convenience of 2.5 well-appointed bathrooms, a dedicated laundry room, and an abundance of storage throughout the home. Attached 2-Car Garage: The attached 2-car garage offers plenty of space for vehicles, tools, or outdoor toys, making it as practical as it is stylish. Prime Location: Surrounded by all the amenities the city has to offer, including shopping, dining, and recreational options, you are never far from your favorite activities. Lafayette's serene environment and community spirit add to the appeal of this beautiful home. Future-Ready: This well-maintained residence is ready to welcome new owners who will cherish it for years to come Don't miss the opportunity to own this luxurious and spacious home in one of Lafayette.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

3/10
Dayton Grade SchoolGrades K-52.2 mi
1/10
Dayton Jr High SchoolGrades 6-82.2 mi
7/10
Dayton High SchoolGrades 9-122.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2005

Materials

  • Foundation: Other
  • Roof: Shingle
  • Construction materials: Other,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Free-Standing Range,Tank Water Heater

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Features

  • Window features: Double Pane Windows
  • Flooring: Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other,Wood Stove
  • Cooling features: Other

Interior Area

  • Total structure area: 2,294
  • Total interior livable area: 2,294 sqft

Master Bedroom

  • Level: Upper

Property

Accessibility

  • Accessibility features: Ground Level,Accessibility

Details

  • Parcel number: 531238

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Yard
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 6,098 sqft
  • Features: Level,SqFt 5000 to 6999

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters in Yamhill 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 $2,604$31,248
Home Insurance *$110$1,320
Property Taxes $630$7,560
Electricity $208$2,498
Total$3,552$42,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,782/yr
40% on housing$106,560/yr
45% on housing$94,720/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: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 97127$198
Yamhill County$312

vs Homes Sold Last Month

Median $/sqft

ZIP 97127$270
Yamhill County$301

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)

No zestimate history available

Price History

DateEventPrice
2025-07-07Price change$515,000
2025-02-26Price change$525,000
2024-11-23Price change$529,999
2024-07-18Listed for sale$535,000
2005-12-27Sold$225,108

For Sale by Agent

AgentRaymond Coburn
BrokerageeXp Realty, LLC

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