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Michael Galvin, Jr

fireonerealty@gmail.com +1(503) 260-8334

Listed by Berkshire Hathaway HomeServices NW Real Estate

$950,000

Est. payment - /mo

4 Beds

1 Bath

2,112 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $449

MLS Listing ID 110848152

Style Stories2

Bedrooms 4

Full Baths 1

HOA Y/N No

Year Built 1910

Annual Tax Amount $1,744

Tax Year 2025

Lot Size 122.200 Acres

Property Sub-Type Single Family Residence

Property Description

100+ acres of Willamette Valley farmland with attractive owner financing available. The property consists of tillable acreage that is currently leased and planted to grass seed, providing immediate agricultural income potential. The property is dry farmed and soils include Bashaw Silty Clay and Pengra Silt Loam (USDA Web Soil Survey). The property is improved with a residence, shop, and barn; however, the seller wishes to retain a life estate in the home and approximately three acres surrounding the residence, including the shop and barn. This unique arrangement allows a buyer to acquire an income producing agricultural asset while guaranteeing a tenant for the residence. Owner financing is available with 30% to 50% down and the balance amortized over 15 years, creating an excellent opportunity for investors, farmers, or those looking to expand an existing operation with favorable financing terms. Whether you're seeking a long-term investment or productive addition to your farming portfolio, this Willamette Valley property offers exceptional value and income potential.

Location

State OR

County Linn

Area _221

Zoning EFU

Interior

Heating Other

Fireplaces Number 1

Fireplaces Type Wood Burning

Exterior

View Territorial

Roof Type Metal

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Cesspool

Water Well

Level or Stories 2

Schools

Elementary Schools Greenacres

Middle Schools Seven Oak

High Schools Lebanon

Others

Senior Community No

Acceptable Financing CallListingAgent, Cash, FarmCreditService

Listing Terms CallListingAgent, Cash, FarmCreditService

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Regional Multiple Listing Service (RMLS)

NEARBY SCHOOLS & PROPERTIES

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Michael Galvin, Jr

+1(503) 260-8334

Broker | GALVINMJGALVINMJ

Broker GALVINMJGALVINMJ

30900 SPRING ST Lebanon, OR 97355

Michael Galvin, Jr

Key Details

Location

Interior

Exterior

Building

Schools

Others

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30900 SPRING ST