NOT LISTED FOR SALE

16515 NW Highway 47 Banks, OR 97106

Estimated Value: $720,000 - $775,515

3 Beds
2 Baths
2,422 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $524,900 $217 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,319/month

103 Days on Market

Highlights

  • Barn
  • Second Garage
  • View of Trees or Woods
  • Greenhouse
  • RV Access or Parking
  • 13.01 Acre Lot

About This Home

As of October 2019

NEW PRICE! Great property with 13.01 acres & move in ready daylight basement home. 10 acres of the land is currently leased to farmer for income. Newer roof, heat pump, electic air purifier, water filter system, solar cells, garage doors, greenhouse, rainwater collectors, etc. Huge garden area. Large 2 car pull thru garage & det. garage. Open concept Great Room, dining area & kitchen-nook. (Access heated unfin. basement thru garage.)

Last Agent to Sell the Property

Sue Lawrence

Windermere Realty Group License #850500103 Listed on: 06/21/2019

Windermere Realty Group

Last Buyer's Agent

Patrick James

Equity Oregon Real Estate License #201210481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,520

Year Built

  • Built in 1980

Lot Details

  • 13.01 Acre Lot
  • Poultry Coop
  • Level Lot
  • Landscaped with Trees
  • Private Yard
  • Garden
  • Land Lease
  • Property is zoned AF-20

Parking

  • 2 Car Attached Garage
  • Second Garage
  • Oversized Parking
  • Tuck Under Garage
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Woods
  • Territorial
  • Valley

Home Design

  • Tudor Architecture
  • Metal Roof
  • Block Exterior
  • Stucco Exterior
  • Cedar

Interior Spaces

  • 2,422 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Down Draft Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Unfinished Basement

  • Partial Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Deck
  • Greenhouse
  • Rain Barrels or Cisterns

Schools

  • Banks Elementary And Middle School
  • Banks High School

Farming

  • Barn
  • Farm

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Purifier
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Banks Subdivision

Listing and Financial Details

  • Assessor Parcel Number R811447

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,520

Year Built

Built in 1980

Lot Details

0

Parking

2

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: Stories2, Tudor
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksFarm: Zoned AF-20. Currently 10 acres in property tax deferral for farming. Check with Washington County for information on tax deferral.
  • Room 11 Features: InstantHotWater,TrashCompactor
  • Room 13 Features: Deck,SlidingDoors
  • Room 7 Features: Deck,SlidingDoors
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: AirCleaner, BambooFloor, CorkFloor, GarageDoorOpener, HighSpeedInternet, Laundry, TileFloor, WalltoWallCarpet, WasherDryer, WaterPurifier
  • Room 4 Description: Nook
  • Room 4 Features: Deck,SlidingDoors
  • Room 4 Level: Main
  • Basement: Daylight, PartialBasement, Unfinished
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, DownDraft, FreeStandingRefrigerator, InstantHotWater, PlumbedForIceMaker, TrashCompactor
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres10to20
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Block,Cedar,Stucco
  • Exterior Features: Barn, Deck, Garden, Greenhouse, PoultryCoop, RainBarrelCistern, RVParking, SecondGarage, Yard
  • Farm Certified Organic: No
  • Lot Size: 10 to 19.99 Acres
  • R V Description: RVParking
  • View: Yes
  • Lot Features: LeasedLand, Level, Trees
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal
  • View: Territorial,TreesWoods,Valley

Garage/Parking

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

Utilities

  • Fuel Description: Electricity,SolarSupplemental
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm Addl Dwelling: No
  • Farm Addl Parcels: No
  • Farm: Yes
  • Zoning: AF-20
  • Possible Use: Greenhouse
  • Lot Size Acres: 13.01
  • Lot Size Sq Ft: 566715.0
  • Crops Included: No
  • Cultivated Acreage: 10.0
  • Farm Credit Service Incl: No
  • Parcel #: R811447

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral Desc: 10 acres farm
  • Tax Deferral: Yes
  • Tax Year: 2018
  • Tax Annual Amount: 3520.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 25, 2019
Sold by
Eillengerger June and Fort Curtis D
Bought by
Cummins Nikaila and Belfatto Andrew
Seller's Agent
Sue Lawrence
Windermere Realty Group
Buyer's Agent
Patrick James
Equity Oregon Real Estate
List Price
$599,900
Sold Price
$524,900
Premium/Discount to List
-$75,000
-12.5%
Current Estimated Value
$747,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,858
Avg. Annual Appreciation
6.09%
Original Mortgage
$462,410
Outstanding Balance
$407,609
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$340,149

Purchase Details

Closed on
Aug 13, 2014
Sold by
Jones Laurie J
Bought by
Fort Curtis D and Eillenberger June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.11%
Mortgage Type
VA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cummins Nikaila $524,900 Ticor Title
Fort Curtis D $266,458 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummins Nikaila $462,410
Previous Owner Fort Curtis D $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $524,900 0.0% $217 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $524,900 -4.5% $217 / Sq Ft
08/16/2019 08/16/19 Price Changed $549,900 -2.7% $227 / Sq Ft
08/06/2019 08/06/19 Price Changed $564,900 -1.7% $233 / Sq Ft
07/12/2019 07/12/19 Price Changed $574,900 -4.2% $237 / Sq Ft
06/20/2019 06/20/19 For Sale $599,900 -- $248 / 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
2025 $4,615 $328,530 -- --
2024 $4,106 $319,290 -- --
2023 $4,106 $309,690 $0 $0
2022 $4,001 $309,690 $0 $0
2021 $3,896 $292,210 $0 $0
2020 $3,779 $283,710 $0 $0
2019 $3,615 $275,450 $0 $0
2018 $3,520 $267,430 $0 $0
2017 $3,356 $259,650 $0 $0
2016 $3,318 $252,080 $0 $0
2015 $3,178 $244,750 $0 $0
2014 $3,148 $237,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Lawrence

    Seller's Agent in 2019

    Sue Lawrence

    Windermere Realty Group

    (503) 358-7911

    Sue Lawrence
    Section Image
  • Patrick James

    Buyer's Agent in 2019

    Patrick James

    Equity Oregon Real Estate

    6 Total Sales

    Patrick James
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19242616

Regional Multiple Listing Service (RMLS)

APN: R0811447

Oregon Washington County Banks 97106

16515 NW Highway 47, Banks, OR

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