1562 Gillespie Ln
Hermiston, OR 97838
5 bd 3 ba 3,663 sqft Built 2007 Lot 40,075 sqft single_family
Most recent sale
$710,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $710,000 | MLS #22216426 |
| Apr 20, 2022 | Listed | $719,900 | MLS #22216426 |
| Dec 1, 2021 | Sold | $300,000 | Public Record |
| May 31, 2006 | Sold | $22,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $391,430 | $41,950 | $433,380 | $6,315 |
| 2024 | $391,430 | $41,950 | $433,380 | $6,189 |
| 2023 | $368,970 | $39,540 | $408,510 | $6,178 |
| 2022 | $358,230 | $38,390 | $396,620 | $5,970 |
| 2021 | $347,800 | $37,270 | $385,070 | $5,835 |
| 2020 | $337,680 | $36,180 | $373,860 | $5,617 |
| 2019 | $327,860 | $35,120 | $362,980 | $5,589 |
| 2018 | $318,310 | $34,100 | $352,410 | $5,643 |
| 2017 | $309,050 | $33,100 | $342,150 | $5,510 |
| 2016 | $300,050 | $32,140 | $332,190 | $5,348 |
| 2015 | $291,320 | $31,200 | $322,520 | $4,977 |
| 2014 | $282,840 | $30,290 | $313,130 | $4,841 |
| 2012 | $266,600 | $28,560 | $295,160 | $4,711 |
| 2011 | $258,840 | $27,730 | $286,570 | $4,566 |
| 2009 | $244,000 | $26,130 | $270,130 | $4,337 |
| 2008 | $236,900 | $25,370 | $262,270 | $3,685 |
| 2007 | — | $13,050 | $13,050 | $193 |
| 2006 | — | $12,670 | $12,670 | $181 |
| 2005 | — | — | $12,310 | $162 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
3,663 sqft
Lot size
40,075 sqft
ZIP code
97838
City
Hermiston
Street
Gillespie Ln
Coordinates
45.84458, -119.25952
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$7,326
Gross rental yield
12.38%
Implied cap rate
8.05%
Trend-extrapolated value
—
Frequently asked questions
When did 1562 Gillespie Ln last sell?
1562 Gillespie Ln most recently sold on Jun 24, 2022 for $710,000.
What is the current tax assessment for 1562 Gillespie Ln?
The most recent total assessment for 1562 Gillespie Ln (year 2025) is $433,380 with $6,315 in property tax.
How does 1562 Gillespie Ln's assessment compare to its last sale price?
The current assessment is 39.0% below the last sale price of $710,000.
When was 1562 Gillespie Ln built?
1562 Gillespie Ln was built in 2007.
How does 1562 Gillespie Ln compare to others on Gillespie Ln?
We track 8 other properties on Gillespie Ln. Browse the list under "Other properties on Gillespie Ln" to compare beds, baths, and sale history.
What are the property facts for 1562 Gillespie Ln?
1562 Gillespie Ln is a 5 bed, 3 bath, 3,663 sqft, 40,075 sqft lot single_family.
Is 1562 Gillespie Ln a flip candidate?
Yes — 1562 Gillespie Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1562 Gillespie Ln a tax-appeal candidate?
No — 1562 Gillespie Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.0%
2026 Q3
$482.7K
2026 Q4
$494K
ZIP 97838 — Median Price History + Forecast
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Geography
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