1 day on Rocket
#619190179, Lori Palermo, Listing office: Palermo Real Estate
$400,000 List price
492 W Olympic St Springfield, OR 97477
3 beds
2 full
1,128 sqft
0.1 acres
$355 / sqft
House
Property details
About 492 W Olympic St
Welcome to this thoughtfully updated home in a quiet, established neighborhood near schools, parks, and shopping. Enjoy brand-new LVP flooring, newer kitchen appliances, and two spacious living areas perfect for entertaining or relaxing. The garage has been converted into a home gym/laundry area but can easily be reverted. This move-in-ready gem offers modern updates and flexible space in a prime location!
Highlights
Home typeSingle Family Residence
HeatingCeiling
StatusActive
Size1,128 sqft
Lot size0.15 Acres
Year built1979
ParkingDriveway, Street Parking
MLS #326961635
Garage2 spaces
FireplaceWood Burning
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Range, Range Hood
- Basement: No
- Interior: Wall to Wall Carpet
- Fireplace: Wood Burning
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Driveway, Street Parking
- Exterior: Deck, Tool Shed, Yard
- Architectural Style: 1 Story
- Heating: Ceiling
- Cooling: None
- List Price: $400,000
- Price/SqFt: $354
- Annual Tax Amount: $2,538
- Tax Year: 2023
- Directions: N on Centennial Blvd; Left onto Preston Ln, Rt onto W Olympic
- Year Built: 1979
- Stories: 1
- Living Area: 1,128 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 326961635
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: DC Real Estate Inc
- Office Phone: (541) 344-3234
- Listing Agent: Danielle Philpott
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 4:44:05 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 15, 2022 | Home Sold | $330,000 |
| Sep 16, 2020 | Home Sold | $270,000 |
| Feb 24, 2003 | Home Sold | $126,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $138,540 | $2,538 |
| 2022 | $134,505 | $2,455 |
| 2021 | $130,588 | $2,411 |
| 2020 | $126,785 | $2,341 |
| 2018 | $119,508 | $2,140 |
| 2017 | $116,027 | $2,058 |
History based on county public records data.
Nearby schools
3
Centennial Elementary School
Public District KG-5
0.5 mi
•1315 Aspen St
3
Guy Lee Elementary School
Public District KG-5
0.8 mi
•755 Harlow Rd
4
Two Rivers - Dos Ríos Elementary School
Public District KG-5
1.2 mi
•1084 G St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,486. Most Springfield, OR residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
49%
<35k
43%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
45%
Single, No Kids
27%
Single, with Kids
12%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Soccer
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Burger King
Dominos Pizza
What do the neighbors drive?
Dodge
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 492 W Olympic St
The listing price of 492 W Olympic St property is $400,000.
The property 492 W Olympic St is a house located in Springfield, Oregon, 97477.
Active Listing: 492 W Olympic St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 492 W Olympic St are: Centennial Elementary School (GreatSchools Rating 3/10), Guy Lee Elementary School (GreatSchools Rating 3/10), Two Rivers - Dos Ríos Elementary School (GreatSchools Rating 4/10), Hamlin Middle School (GreatSchools Rating 3/10), Monroe Middle School (GreatSchools Rating 5/10), Briggs Middle School (GreatSchools Rating 3/10), Springfield High School (GreatSchools Rating 3/10), Academy of Arts and Academics (GreatSchools Rating 8/10), Gateways High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $2,538 (source: MLS/based on county public records data).
The last sale was on July 15, 2022 for $330,000 (source: MLS/tax record).
The property at 492 W Olympic St has 3 bedrooms and 2 bathrooms.
The property 492 W Olympic St is 1,128 SqFt (source: MLS/tax record).
The year of construction for 492 W Olympic St is 1979.
This home is located at 492 W Olympic St in Springfield, OR and zip code 97477 in the West Springfield neighborhood. This 1,128 square foot home, which was built in 1979, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $400,000.
In June 2025 more than 13 listings in Springfield, OR were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Springfield, OR decreased by 3.5% between May and June 2025. In June 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $428,947.
From Rocket Homes Real Estate and based on county public records data.