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507 Second St

Garibaldi, OR 97118

2 bd 1 ba 1,050 sqft Built 1944 Lot 7,405 sqft single_family
Most recent sale
$165,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 1, 2022 Listing removed $212,500 RMLS
Dec 22, 2021 Sold $165,000 MLS #21150922
Nov 19, 2021 Listed $165,000 MLS #21150922

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $54,390 $57,860 $112,250 $1,547
2023 $51,290 $54,530 $105,820 $1,431
2022 $49,800 $52,940 $102,740 $1,253
2021 $48,350 $51,400 $99,750 $1,352
2020 $46,950 $49,900 $96,850 $1,315
2019 $45,580 $48,450 $94,030 $1,279
2018 $44,260 $47,040 $91,300 $1,248
2017 $42,980 $45,670 $88,650 $1,214
2016 $41,730 $44,340 $86,070 $1,064
2015 $40,510 $43,060 $83,570 $1,045
2014 $39,330 $41,810 $81,140 $1,029
2013 $38,180 $40,600 $78,780 $1,011
2012 $37,070 $39,420 $76,490 $962
2011 $35,990 $38,280 $74,270 $935
2010 $34,940 $37,170 $72,110 $913
2009 $33,920 $36,090 $70,010 $895
2008 $32,930 $35,050 $67,980 $860
2007 $31,970 $34,030 $66,000 $827

Property facts

Year built
1944
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,050 sqft
Lot size
7,405 sqft
ZIP code
97118
City
Garibaldi
Street
Second St
Coordinates
45.56269, -123.90912

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Second St last sell?
507 Second St most recently sold on Dec 22, 2021 for $165,000.
What is the current tax assessment for 507 Second St?
The most recent total assessment for 507 Second St (year 2025) is $112,250 with $1,547 in property tax.
How does 507 Second St's assessment compare to its last sale price?
The current assessment is 32.0% below the last sale price of $165,000.
When was 507 Second St built?
507 Second St was built in 1944.
How does 507 Second St compare to others on Second St?
We track 4 other properties on Second St. Browse the list under "Other properties on Second St" to compare beds, baths, and sale history.
What are the property facts for 507 Second St?
507 Second St is a 2 bed, 1 bath, 1,050 sqft, 7,405 sqft lot single_family.
Is 507 Second St a flip candidate?
No — 507 Second St does not appear in our flips dataset.
Is 507 Second St a tax-appeal candidate?
No — 507 Second St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.4%
2026 Q3
$328.5K
2026 Q4
$333.3K
ZIP 97118 — Median Price History + Forecast

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