$2,899,000
$791K PRICE DROP

1491 Matheny Rd NE Gervais, OR 97026

Estimated payment $16,451/month

Total Views 12,808
3 Beds
1.5 Baths
2,191 Sq Ft
$1,323 Price per Sq Ft

Highlights

  • Barn
  • River View
  • Secluded Lot
  • RV Access or Parking
  • 211.42 Acre Lot
  • Bonus Room

About This Home

Calling all Farmers, Dreamers, and River Lovers: Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 2,191 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is a mature producing filbert orchard, about 154+ acres of beautifully tilled soil for any crop you can imagine. Hops farms, filberts, and row crops in the area are flourishing! Awesome Chehalem, Newberg, and McBee soils deposited by the Missoula Floods make this one of the most productive agricultural areas in the world. Water Rights, you ask? YES- 2 wells known to produce 600 & 700 GPM (buyer to verify) have historical water rights, and other surface rights have been granted as well. This is a real big-time farm property! Agrotourism and Agritainment options abound as well, and the Wheatland Ferry and Willamette Mission State Park are just a couple of parcels away. To top this all off, the incomparable Willamette River fronts the farm with a unique peninsula and inland waterway that offers fishing, camping, boating, and unlimited private recreation. There is too much to list here- so please call the Broker for a marketing packet on this one-of-a-kind offering! All offers are subject to the Trustee's approval and the buyer's financial qualifications. 1/2 of all mineral rights will be retained by the seller.

Listing Agent

Dirk Knudsen

MORE Realty License #830800038 Listed on: 01/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,726

Year Built

  • Built in 1945

Lot Details

  • 211.42 Acre Lot
  • River Front
  • Poultry Coop
  • Cross Fenced
  • Secluded Lot
  • Level Lot
  • Private Yard
  • Garden
  • Land Lease expires 11/30/24
  • Property is zoned EFU

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • River
  • Territorial
  • Valley

Home Design

  • Stem Wall Foundation
  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,191 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Gervais Elementary And Middle School
  • Gervais High School

Farming

  • Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Willamette River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 515424

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,726

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1945
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: BuiltinRange,Dishwasher,Microwave
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel, OneLevel
  • Total Bathrooms: 1.1
  • Interior Amenities: Laundry
  • Room 4 Description: Den
  • Room 4 Level: Main
  • Room 5 Description: BonusRoom
  • Room 5 Level: Main
  • Basement: CrawlSpace
  • Window Features: VinylFrames
  • Appliances: BuiltinRange, Dishwasher, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres100to200
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 180
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 143
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding
  • Exterior Features: Barn, CrossFenced, Garden, Outbuilding, PoultryCoop, RVParking, ToolShed, Yard
  • Lot Size: 100 to 199.99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter, StemWall
  • R V Description: RVParking,RVBoatStorage
  • View: Yes
  • Lot Features: GentleSloping, LeasedLand, Level, Secluded
  • Road Surface Type: Paved
  • Water Body Name: Willamette River
  • Waterfront Features: RiverFront
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition
  • View: River,Territorial,Valley

Garage/Parking

  • Garage Type: Attached
  • Parking Description: OffStreet, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Gervais
  • High School: Gervais
  • Middle Or Junior School: Gervais

Lot Info

  • Zoning: EFU
  • Lot Rent: 60000
  • Lot Rent Frequency: Annually
  • Land Lease Expiration Date: 2024-11-30
  • Land Lease: Yes
  • Lot Size Acres: 211.42
  • Lot Size Sq Ft: 9209455.0
  • Parcel #: 515424
  • Assessor Parcel Number 2: 515431

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2023
  • Tax Annual Amount: 4726.24

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,801 $448,122 -- --
2023 $4,726 $426,088 $0 $0
2022 $4,473 $413,806 $0 $0
2021 $4,350 $401,870 $0 $0
2020 $4,227 $390,290 $0 $0
2019 $3,557 $323,740 $0 $0
2018 $3,398 $0 $0 $0
2017 $3,232 $0 $0 $0
2016 $3,031 $0 $0 $0
2015 $2,807 $0 $0 $0
2014 $2,671 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Pending -- -- --
04/23/2025 04/23/25 Price Changed $2,890,000 -8.2% $1,689 / Sq Ft
02/25/2025 02/25/25 For Sale $3,149,000 0.0% $1,840 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $3,149,000 -4.3% $1,840 / Sq Ft
04/18/2024 04/18/24 Price Changed $3,290,000 -5.7% $1,923 / Sq Ft
01/25/2024 01/25/24 Price Changed $3,490,000 -5.4% $2,040 / Sq Ft
01/02/2024 01/02/24 For Sale $3,690,000 -- $2,157 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Similar Home in Gervais, OR

  • 1491 Matheny Rd NE, Gervais, OR 97026

    $2,890,000

    • 3 Beds
    • 1.5 Baths
    • 1,711 Sq Ft
    • 1491 Matheny Rd NE
    • Gervais, OR

    Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 1,791 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is

    Dirk Knudsen MORE REALTY

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23248620

Regional Multiple Listing Service (RMLS)

APN: 515424