NOT LISTED FOR SALE

1505 NW James Franks Ave Siletz, OR 97380

Estimated Value: $256,000

4 Beds
3.5 Baths
6,701 Sq Ft
$38/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $5,000,000 $746 Per Sq Ft

Current estimated payment $1,485/month

108 Days on Market

Highlights

  • Additional Residence on Property
  • RV Access or Parking
  • 255 Acre Lot
  • Barn
  • River View
  • Deck

About This Home

As of September 2023

Gorgeous estate property with 1.25 miles of riverfrontage on the Siletz. Spacious custom home overlooking the river. Second dwelling with rental income. Sandy beach area. Enjoy fishing and boating from your own private enclave. Beautiful property allows for mix of farming, forestry and development property inside city of Siletz. Only 15 minutes from Newport - enjoy deep sea fishing, crabbing and miles of beachfront. One-of-a-kind.

Last Listed By

Brett Veatch

Berkshire Hathaway HomeServices NW Real Estate License #890500238 Listed on: 07/21/2022

Berkshire Hathaway HomeServices NW Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,958

Year Built

  • Built in 1980

Lot Details

  • 255 Acre Lot
  • River Front
  • Secluded Lot
  • Private Yard
  • Property is zoned EFU

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,701 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Laundry Room
  • Wood Flooring
  • River Views
  • Security Gate
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Outdoor Features

  • Pond
  • Deck

Schools

  • Siletz Schl Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Additional Residence on Property
  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R412306

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,958

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 3.1
  • Fireplaces: 1
  • Interior Amenities: SoakingTub, VaultedCeiling, WoodFloors
  • Room 4 Description: Office
  • Room 4 Level: Main
  • Room 5 Description: Laundry
  • Room 5 Level: Main
  • Room 6 Description: Storage
  • Room 6 Level: Lower
  • Basement: Unfinished
  • Appliances: Dishwasher, Island, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: Acres200orMore
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Barn, Deck, RVParking, SecondResidence, Yard
  • Lot Size: 200+ Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking,RVBoatStorage
  • View: Yes
  • Lot Features: Pond, Private, Secluded
  • Road Surface Type: Paved
  • Water Body Name: Siletz River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: River

Garage/Parking

  • Garage Type: Attached
  • Parking Description: ParkingPad, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecurityGate
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: StandardSeptic
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Siletz Schl
  • High School: Newport
  • Middle Or Junior School: Newport

Lot Info

  • Zoning: EFU
  • Lot Size Acres: 255.0
  • Lot Size: See Map
  • Lot Size Sq Ft: 11107800
  • Parcel #: R412306
  • Assessor Parcel Number 2: R500715
  • Assessor Parcel Number 3: R131153

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2021
  • Tax Annual Amount: 9958.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $5,000,000 -23.1% $746 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $6,500,000 -- $970 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $776 $57,050 $57,050 --
2023 $742 $55,400 $0 $0
2022 $1,201 $93,520 $0 $0
2021 $1,074 $82,700 $0 $0
2020 $566 $43,830 $0 $0
2019 $544 $127,730 $0 $0
2018 $625 $41,330 $0 $0
2017 $1,644 $124,900 $0 $0
2016 $495 $118,980 $0 $0
2015 $2,075 $37,840 $0 $0
2014 $419 $175,160 $0 $0
2013 -- $35,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22632351

Regional Multiple Listing Service (RMLS)

APN: R412306