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38939 River Dr

Lebanon, OR 97355

2 bd 2 ba 1,641 sqft Built 2009 Lot 52,272 sqft single_family
Most recent sale
$681,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $681,000 MLS #22106956
Apr 20, 2022 Listed $595,000 MLS #22106956
Apr 15, 2020 Sold $450,000 MLS #20373809
Feb 27, 2020 Listed $400,000 MLS #759061
Jul 9, 2008 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $268,170 $3,934
2023 $252,780 $3,719
2022 $245,420 $3,642
2021 $238,280 $3,487
2020 $231,340 $3,415
2019 $224,610 $3,328
2018 $218,070 $3,244
2017 $211,720 $3,172
2016 $205,560 $3,097
2015 $199,580 $2,992
2014 $193,770 $2,929
2013 $188,130 $2,790
2012 $182,660 $2,704
2011 $177,340 $2,667
2010 $51,942 $747
2009 $33,701 $487
2008 $32,720 $472
2007 $31,767 $463

Property facts

Year built
2009
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,641 sqft
Lot size
52,272 sqft
ZIP code
97355
City
Lebanon
Street
River Dr
Coordinates
44.50550, -122.83891

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,282
Gross rental yield
5.78%
Implied cap rate
3.76%
Trend-extrapolated value

Frequently asked questions

When did 38939 River Dr last sell?
38939 River Dr most recently sold on May 17, 2022 for $681,000.
What is the current tax assessment for 38939 River Dr?
The most recent total assessment for 38939 River Dr (year 2025) is $268,170 with $3,934 in property tax.
How does 38939 River Dr's assessment compare to its last sale price?
The current assessment is 60.6% below the last sale price of $681,000.
When was 38939 River Dr built?
38939 River Dr was built in 2009.
How does 38939 River Dr compare to others on River Dr?
We track 8 other properties on River Dr. Browse the list under "Other properties on River Dr" to compare beds, baths, and sale history.
What are the property facts for 38939 River Dr?
38939 River Dr is a 2 bed, 2 bath, 1,641 sqft, 52,272 sqft lot single_family.
Is 38939 River Dr a flip candidate?
No — 38939 River Dr does not appear in our flips dataset.
Is 38939 River Dr a tax-appeal candidate?
No — 38939 River Dr 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
+0.5%
Implied 1-yr
+2.0%
2026 Q3
$444.3K
2026 Q4
$446.4K
ZIP 97355 — Median Price History + Forecast

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