#207739251, Shayna Sutherland, Steve Rosling, Listing Office: Cascade Hasson Sotheby's International Realty
$4,156
closing credit¹
505 Broad St S Monmouth, OR 97361
Property details
About 505 Broad St S
Charming 1940s Two-Story Home on Spacious Double Lot with Development PotentialDiscover the possibilities in this classic 1940s two-story home situated on over a quarter-acre lot in Monmouth. With four bedrooms and one bathroom, this home offers a unique blend of vintage charm and exciting potential. Though it could use some TLC, the property’s highlights make it a standout opportunity.The expansive lot features a beautifully landscaped garden and backyard with mature trees and flowering shrubs, creating a peaceful retreat with plenty of space to relax and entertain. For added convenience, the property includes a detached two-car garage with an adjoining workshop, a garden shed, and ample room for RV parking, complete with an RV disposal.In addition to its charm and size, the property’s oversized lot presents potential for development. According to the City of Monmouth, a multifamily unit may be possible (buyer to verify and perform due diligence).This property is perfect for those looking to restore a classic home, invest in additional development, or simply enjoy a spacious garden sanctuary in the heart of Monmouth. Don’t miss out on this one-of-a-kind opportunity!
Highlights
Summary
- MLS Number: 24222334
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Connected Real Estate Group
- Office Phone: (541) 512-4430
- Listing Agent: Jessica Pankratz
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Last updated on: 2/6/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
505 Broad St S
$4,156
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $128,370 | $2,338 |
2022 | $124,640 | $2,104 |
2021 | $121,010 | $2,104 |
2020 | $117,490 | $2,080 |
2019 | $114,070 | $1,940 |
2018 | $110,750 | $1,873 |
2017 | $107,530 | $1,863 |
History based on county public records data.
Nearby schools
5
Monmouth Elementary School
Public District KG-5
0.7 mi
•958 Church St E
4
Ash Creek Elementary School
Public District KG-5
1.5 mi
•1360 N 16th St
3
Independence Elementary School
Public District KG-5
2.2 mi
•150 S 4th 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 $28,354. The majority of Monmouth, OR residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 505 Broad St S
This home is located at 505 Broad St S in Monmouth, OR and zip code 97361. This 1,085 square foot home, which was built in 1940, sits on a 0.28 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $350,000.
The inventory of homes for sale in Monmouth, OR between December and January 2025 decreased by 31.3%. In January 2025 median list price was $507,425 and the average listing age was 187 days.