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  • Price cut: $11K (12/1)
    $299,900

    31970 Fern Rd, Philomath, OR 97370

    5beds
    2,276sqft
    : 
    Residential, Single Family Residence
    Built in 1960
    0.91 Acres Lot
    $-- Zestimate®
    $132/sqft
    $-- HOA

    What's special

    Nearly a full acreEstablished grapevines
    Fixer, Rare opportunity on nearly a full acre in beautiful Philomath, Oregon! Nestled in the heart of the Pacific Northwest, this spacious property offers incredible potential in one of Oregon’s most desirable real estate markets. Known for its stunning landscapes, temperate climate, and vibrant communities, Oregon attracts buyers seeking quality of life, outdoor recreation, and long-term property value.This generous lot provides privacy and room to grow, with a unique outdoor setting ideal for gardening, small-scale farming, or sustainable living. The property features an impressive collection of mature, fruit-bearing trees including fig, Asian pear, plum, and multiple varieties of apple double and triple-grafted for a diverse and extended harvest season. Established grapevines and a water feature with a koi pond add charm and serenity to the expansive yard.The large home presents solid bones and a flexible floor plan, ready for renovation or customization. Perfect for investors, renovators, or families looking to create their dream home, this fixer-upper offers excellent potential to build equity and capitalize on Oregon’s growing housing demand. There is ample space for additions and landscape enhancements to maximize the property’s value and appeal.Enjoy the peaceful rural lifestyle with quick access to Philomath and Corvallis—areas known for quality schools, local amenities, farm-to-table dining, and abundant outdoor activities including hiking, biking, and wine country exploration. If you’re searching for a unique property with land, mature fruit trees, and strong investment potential in Oregon’s thriving housing market, Bring your vision and unlock the full potential of this one-of-a-kind property!
    93 days
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    2,814
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    83
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    Zillow last checked: 8 hours ago

    Listing updated: January 05, 2026 at 04:19pm

    Listed by:

    E. Lamar Yoder 503-915-8271,

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 458629693MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Bedroom 3
    • Level: Main
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Baseboard
    Interior area
    • Total structure area: 2,276
    • Total interior livable area: 2,276 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Water Feature
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.91 Acres
    • Features: Level, SqFt 20000 to Acres1
    Details
    • Parcel number: 176416
    • Zoning: EFU

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Stem Wall
    • Roof: Composition
    Condition
    • Fixer
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Philomath

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $470,510
    • Annual tax amount: $3,647
    • Date on market: 10/6/2025
    • Listing terms: Cash,Rehab
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    12/1/2025Price change$299,900-3.5%$132/sqft
    Source: RMLS (OR) #458629693 Report a problem
    11/17/2025Listed for sale$310,900$137/sqft
    Source: RMLS (OR) #458629693 Report a problem
    11/13/2025Pending sale$310,900$137/sqft
    Source: RMLS (OR) #458629693 Report a problem
    11/3/2025Price change$310,900-4.3%$137/sqft
    Source: RMLS (OR) #458629693 Report a problem
    10/16/2025Price change$324,900-7.2%$143/sqft
    Source: RMLS (OR) #458629693 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$3,538 +14.5%$230,661 +3%
    2023$3,089 +2.9%$223,943 +3%
    2022$3,001 +2.8%$217,420 +3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,748/mo
    Principal & interest
    $1426
    Property taxes
    $217
    Home insurance
    $105

      Climate risks

      Neighborhood: 97370

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Philomath
      • Middle: Philomath
      • High: Philomath

      Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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