585 Central Ave
Lebanon, OR 97355
3 bd 1 ba 1,708 sqft Built 1947 Lot 43,560 sqft single_family
Most recent sale
$470,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $470,000 | MLS #22528979 |
| Mar 31, 2022 | Listed | $420,000 | MLS #22528979 |
| May 3, 2019 | Sold | $275,000 | MLS #18436715 |
| Apr 9, 2019 | Relisted | $279,000 | MLS #18436715 |
| Apr 7, 2019 | Relisted | $279,000 | MLS #737683 |
| Mar 6, 2019 | Listing removed | $279,000 | RMLS |
| Dec 17, 2018 | Price changed | $279,000 | MLS #737683 |
| Oct 16, 2018 | Listed | $299,900 | MLS #18436715 |
| Aug 22, 2008 | Sold | $105,300 | Public Record |
| Oct 11, 2005 | Sold | $179,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $176,000 | $2,582 |
| 2023 | — | — | $165,910 | $2,441 |
| 2022 | — | — | $161,080 | $2,390 |
| 2021 | — | — | $156,390 | $2,288 |
| 2020 | — | — | $151,840 | $2,241 |
| 2019 | — | — | $147,420 | $2,184 |
| 2018 | — | — | $143,130 | $2,129 |
| 2017 | — | — | $138,970 | $2,082 |
| 2016 | — | — | $134,930 | $2,033 |
| 2015 | — | — | $131,000 | $1,964 |
| 2014 | — | — | $127,190 | $1,923 |
| 2013 | — | — | $123,490 | $1,831 |
| 2012 | — | — | $119,900 | $1,775 |
| 2011 | — | — | $116,410 | $1,751 |
| 2010 | — | — | $113,020 | $1,625 |
| 2009 | — | — | $109,735 | $1,587 |
| 2008 | — | — | $106,539 | $1,540 |
| 2007 | — | — | $103,437 | $1,508 |
Property facts
Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,708 sqft
Lot size
43,560 sqft
ZIP code
97355
City
Lebanon
Street
Central Ave
Coordinates
44.50161, -122.88982
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,416
Gross rental yield
8.72%
Implied cap rate
5.67%
Trend-extrapolated value
—
Frequently asked questions
When did 585 Central Ave last sell?
585 Central Ave most recently sold on May 6, 2022 for $470,000.
What is the current tax assessment for 585 Central Ave?
The most recent total assessment for 585 Central Ave (year 2025) is $176,000 with $2,582 in property tax.
How does 585 Central Ave's assessment compare to its last sale price?
The current assessment is 62.6% below the last sale price of $470,000.
When was 585 Central Ave built?
585 Central Ave was built in 1947.
How does 585 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 585 Central Ave?
585 Central Ave is a 3 bed, 1 bath, 1,708 sqft, 43,560 sqft lot single_family.
Is 585 Central Ave a flip candidate?
No — 585 Central Ave does not appear in our flips dataset.
Is 585 Central Ave a tax-appeal candidate?
No — 585 Central Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$444.3K
2026 Q4
$446.4K
ZIP 97355 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Central Ave