615 NW 5th St, Corvallis, OR 97330 Property Records

Benton County property record for 615 NW 5th St, Corvallis, OR 97330

Property Summary

Property TypeMulti-Family Dwellings
Details8,208 sqft · built 1965
Lot Size0.11 acres (4,792 sqft)
OwnerCompany Name on File
Last Sale$4,500,000 (Sep 2013)
Tax Bill$10,350 (2025)
Deeds & MortgagesJan 2020 Mortgage
Feb 2017 Mortgage
Flood ZoneZone X (moderate risk)
APN11535DB03101

Property Details

APN / Parcel Number

Primary APN11535DB03101
Alternative APN
  • 287957

Interior

Stories1 Story
Building Area8,208 sqft Total Area

Exterior

Year BuiltBuilt 1965
Effective Year BuiltEffective 1965
Architectural StyleMulti-Family
Lot Area4,792 sqft (0.11 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemHVAC

Location & Zoning

Account Number287957
Street Address615 NW 5TH ST
CityCORVALLIS
StateOR
Zip97330-6486
Property CategoryResidential
Property TypeResidential > Multi-Unit > Multi-Family Dwellings
Local Zoning CodeCBF
Legal DescriptionDIXONS 2ND LOT 8 BLK 16
Legal Range5W
Legal Township11S
Legal Section35
Legal SubdivisionDIXONS 2ND
Legal Block16
Legal Lot Number8
JurisdictionBENTON OR
Township / Civil DivisionCORVALLIS
Census Block Group1
Census Block1013
Census Tract10601

Owner

615 NW 5th St, a residential property, is owned by a company that bought it in September 2013.

Source: Benton County records, as of May 21, 2026

Owner of RecordCompany Name on File
Mailing Address8417 SW BEAVERTON HILLSDALE HWY, PORTLAND, OR 97225-2217
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jan 29, 2020Deed of Trust, Mortgage · Commercial Mortgage
FIRST REPUBLIC BANK
Feb 13, 2017Deed of Trust, Mortgage
FIRST REPUBLIC BK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 30, 2013 · Amount on File
Deed SaleSep 30, 2013 · Amount on File
Prior SaleAug 11, 2004 · Amount on File
Deed Document Number2013512917
Record UpdatedSep 20, 2026

January 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBENTON OR
Property Address615 NW 5TH ST, CORVALLIS, OR 97330-6486
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyTICOR TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000591023
DateJan 29, 2020
Instrument2020-591023
Lender
NameFIRST REPUBLIC BANK
TypeBank
AddressSAN FRANCISCO, CA 94111
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Term121 Months
DueFeb 1, 2030

February 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBENTON OR
Property Address615 NW 5TH ST, CORVALLIS, OR 97330-6486
Document Number0000555624
Instrument DateFeb 13, 2017
Transaction TypeMortgage
Record UpdatedApr 4, 2017
Title CompanyOTHER

Transaction

Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address8417 SW BEAVERTON HILLSDALE HWY PORTLAND OR 972252217, PORTLAND, OR 97225-2217

Mortgage

Document Number0000555624
DateMar 22, 2017
Instrument555624
Lender
NameFIRST REPUBLIC BK
TypeBank
Address111 PINE ST, SAN FRANCISCO, CA 94111-5602
Agreement
AmountAmount on Record
Term120 Months
DueMar 21, 2027

Tax Assessment & Valuation

The 2025 property tax bill for 615 NW 5th St was $10,350, up 3% from the year before.

Source: Benton County assessment roll, as of May 21, 2026

Property Jurisdictions

TypeName
StateOregon
CountyBenton County
MunicipalityCorvallis City
Unified School DistrictCorvallis School District 509J (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$10,350.00 (+3.01%)$542,786 (+3%)$715,663 (+2.88%) Land $109,142 Building $606,521
2024$10,048.00 (+2.26%)$526,977 (+3%)$695,603 (-0.72%) Land $109,142 Building $586,461
2023$9,826.00 (+4.69%)$511,628 (+3%)$700,653 Land $109,142 Building $591,511
2022$9,386.00$496,726
2002$640,177 Land $109,142 Building $531,035

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 615 NW 5th St in Zone X, an area of moderate flood risk, within 100 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective April 28, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone AE, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 30 policies
Community Rating SystemClass 5 (25% premium discount)
Nearby Flood Policies30 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 615 NW 5th St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.8% of Oregon
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF CORVALLIS
serves 61,468 people · EPA ID OR4100225
Water SourceSurface water
Last State InspectionAug 2024
Lead2 ppb (2024–2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 483 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Ziply Fiber
Fiber
6,000 / 6,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: AT&T, CenturyLink.

Nearby Properties on NW 5th St

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