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Philomath,OR 97370
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,074 sqft
Price per Sqft $216
MLS Listing ID 604740982
Style Stories2
Bedrooms 4
Full Baths 2
Year Built 2020
Annual Tax Amount $4,535
Tax Year 2024
Lot Size 5,227 Sqft
Property Sub-Type Single Family Residence
Property Description
Move-In Ready or Investor-Ready: Flexible 4-BR Opportunity! Askabout USDA RD 0% down financing. Or possible rent-to-own options. Lender Terri Linares at Union Home Mortgage has info re: 4.99% rate option with Seller participation. Built in 2020, this bright and welcoming home is ready for its next chapter—whether that's as a first investment property or a place to settle into small-town living. The thoughtful floor plan centers on a modern kitchen with stainless steel appliances, a walk-in pantry, and a large granite island that's perfect for cooking, gathering, or even spreading out homework. Four bedrooms provide flexibility for families, guests, or shared living arrangements, while the fully fenced, flat backyard creates space for play, gardening, or quiet evenings outdoors.For investors, this nearly new home offers strong rental potential with minimal upkeep thanks to its recent construction. In the Philomath/Corvallis area, comparable four-bedroom homes are currently renting between $2,800 and $3,200 per month, providing a path to steady income and long-term appreciation. With 25% down, a first-time investor can step into the market with confidence.For owner-occupants, this is an affordable opportunity to own a newer home in a quiet town just minutes from Oregon State University. Philomath offers a friendly community with quick access to Corvallis and a direct route to the Oregon Coast—making it an ideal spot for those who want convenience and connection without the hustle of city living.
Location
State OR
County Benton
Area _220
Interior
Heating Ductless, Mini Split, Zoned
Cooling Mini Split
Fireplaces Number 1
Fireplaces Type Electric
Exterior
Exterior Feature Fenced
Parking Features Attached
Garage Spaces 2.0
Roof Type Composition
Building
Lot Description Level
Story 2
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Philomath
Middle Schools Philomath
High Schools Philomath
Others
Acceptable Financing Cash,Conventional,FHA,USDALoan,VALoan
Listing Terms Cash,Conventional,FHA,USDALoan,VALoan