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.
Single-familyProperty Type
2020Year Built
5,227 sq ftLot Size
$248Est. Price/Sq.Ft.
2 car garageParking
Listed by Jill Schuster• Triple Oaks Realty LLC
Contact: 541-619-5427
Bought with Hong Wolfe• Windermere Willamette Valley
1 year ago• May not reflect the current state of the home
Jerry Bumgarner
Redfin Associate agent
Sale history for 622 S 16th St
Date
Event
Price
RMLS #604740982
Nov 14, 2025
Sold
$430,000
$207/sq ft
Oct 18, 2025
Pending
—
Oct 14, 2025
Price Changed
$430,000
$207/sq ft
Sep 11, 2025
Price Changed
$450,000
$217/sq ft
Jul 27, 2025
Price Changed
$455,000
$219/sq ft
Jun 12, 2025
Price Changed
$480,000
$231/sq ft
Apr 30, 2025
Price Changed
$499,000
$241/sq ft
Mar 24, 2025
Price Changed
$525,000
$253/sq ft
Feb 24, 2025
Listed
$550,000
$265/sq ft
WVMLS #825712
Nov 14, 2025
Sold
$430,000
$207/sq ft
Oct 18, 2025
Contingent
—
Oct 14, 2025
Price Changed
$430,000
$207/sq ft
Sep 11, 2025
Price Changed
$450,000
$217/sq ft
Jul 27, 2025
Price Changed
$455,000
$219/sq ft
Jul 18, 2025
Price Changed
$470,000
$227/sq ft
Jun 12, 2025
Price Changed
$480,000
$231/sq ft
Apr 30, 2025
Price Changed
$499,000
$241/sq ft
Mar 24, 2025
Price Changed
$525,000
$253/sq ft
Feb 24, 2025
Listed
$550,000
$265/sq ft
Feb 20, 2025
Listed
$430,000
$207/sq ft
+45
Move-In Ready or Investor-Ready: Ask lending partner re: low 4.99% rate option! Flexible 4-BR Opportunity! Built in 2020, thoughtful floor plan featuring open kitchen with SS appliances, walk-in pantry, and granite island flows into comfortable living spaces, fully fenced backyard. In Philomath/Corvallis, similar homes rent for $2,800–$3,200+/month, making this a smart investment with low maintenance and good demand. For buyers seeking an affordable newer home, Philomath provides small-town charm near OSU.
WVMLS #814043
Apr 24, 2024
Sold
$485,000
$234/sq ft
Mar 27, 2024
Contingent
—
Mar 12, 2024
Listed
$499,000
$241/sq ft
Mar 7, 2024
Listed
$499,000
$241/sq ft
+33
Welcome Home! This spacious residence, built in 2020, is move in ready! Sellers have spared no expense in enhancing this home's charm, featuring upgraded light fixtures, additional custom shelving for added functionality, and modern finishes throughout. Newly added fence as well as fresh sod in both the front and back yard. Situated in a vibrant neighborhood near parks and schools, this home offers comfort and style amidst the ongoing construction. Pristine condition and truly better than new!
Greater Lansing AoR #769373
May 27, 2021
Sold
$325,235
$157/sq ft
Nov 28, 2020
Price Changed
$314,000
$151/sq ft
Oct 1, 2020
Listed
—
Oct 1, 2020
Listed
$314,000
$151/sq ft
Oct 1, 2020
Listed
$304,000
$147/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,490 (+2.1%)
2024
$4,399 (+2.3%)
2023
$4,298 (−3.9%)
2022
$4,472
Tax history for 622 S 16th St
Year
Property tax
Land + Additions
Assessment*
2025
$4,490 (+2.1%)
2024
$4,399 (+2.3%)
2023
$4,298 (−3.9%)
2022
$4,472
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
2,074
Year built
2020
Style
Single Family Residential
County
Benton County
APN
422640
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
May 14, 2021 • Final
Residential 1 & 2 fam dwelling (new only)
Construct a new single-family home.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Driveway, Off Street
Parking Total: 2
Garage Information
Garage Type: Attached
Garage Spaces: 2
Has Attached Garage: Yes
Interior
Appliances
Appliances: Dishwasher, Disposal
Hot Water Description: Electricity
Interior Features
Fireplace YN: Yes
Fireplaces Total: 1
Fireplace Features: Electric
Bathroom Information
Bathrooms Full: 2
Bathrooms Full Upper Level: 2
Bathrooms Partial: 1
Bathrooms Partial Main Level: 1
Bathrooms Total Integer: 3
Bathrooms Total Main Level: 0.1
Bathrooms Total Upper Level: 2
Baths Total: 2.1
Room 4 Information
Description: 4th Bedroom
Level: Upper
Room 5 Information
Description: Utility Room
Level: Upper
Room 7 Information
Description: 2nd Bedroom
Level: Upper
Room 8 Information
Description: 3rd Bedroom
Level: Upper
Room 9 Information
Description: Dining Room
Level: Main
Room 10 Information
Description: Family Room
Room 11 Information
Description: Kitchen
Level: Main
Room 12 Information
Description: Living Room
Level: Main
Room 13 Information
Description: Primary Bedroom
Level: Upper
Room 14 Information
Description: Great Room
Exterior
Exterior Features
Roof: Composition
Exterior Features: Fenced
Exterior Description: Cement Siding, Lap Siding
Lot Information
Lot Size Square Feet: 5,227
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size Acres: 0.12
Lot Size: 5,000 to 6,999 SqFt
Lot Features: Level
Parcel Number: 422640
Road Surface Type: Paved
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Upper Level Area Total: 1,252
Main Level Area Total: 822
View YN: No
Building Information
Year Built: 2020
Building Area Total: 2,074
Building Area Description: Tax Record
Building Area Calculated: 2,074
Financial
Tax Information
Tax Year: 2024
Tax Legal Description: See Prelim
Tax Annual Amount: $4,535.12
Lease / Rent Information
Land Lease YN: No
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: Yes
Heating: Ductless, Mini Split, Zoned
Cooling YN: Yes
Cooling: Mini Split
Location
School Information
Elementary School: Philomath
Middle Or Junior School: Philomath
High School: Philomath
Location Information
Directions: From Applegate, S on 15th, left on Timothy, right on 16th
Unparsed Address: 622 S 16TH ST, Philomath, OR 97370
Community Information
Senior Community YN: No
Public facts
Beds: 4
Baths: 2.5
Sq. Ft.: 2,074
Stories: 2.0
Lot Size: 5,227 square feet
Style: Single Family Residential
Year Built: 2020
Year Renovated: —
County: Benton County
APN: 422640
Home facts updated by county records on Jul 29, 2026
Other
Listing Information
MlsStatus: Sold
Listing Price Information
Price Type: List Price
New Construction Information
New Construction YN: No
Around this home
Schools
Philomath Elementary School
Public 2-5 • Assigned • 0.2mi
9/10
Philomath Middle School
Public 6-8 • Assigned • 0.4mi
5/10
Philomath High School
Public 9-12 • Assigned • 0.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
10 unhealthy days expected this year, 11 days in 30 years
Provided by First Street
Historical weather
Philomath, OR • 97370
Average low and high temperatures (°F)
47
32
50
35
56
40
64
42
69
47
76
51
83
54
84
57
77
53
64
44
52
41
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 2.2 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
2.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$490,000 – $593,000
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