$470,000
SOLD OCT 21, 2025

18310 Franklin Way Gladstone, OR 97027

3 Beds
2.5 Baths
1,948 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$241 Per Sq Ft

11% Above List Price

4 Days on Market

Highlights

  • RV Access or Parking
  • 2 Fireplaces
  • No HOA
  • Deck
  • Bonus Room
  • Stainless Steel Appliances

About This Home

As of October 2025

Just listed in Gladstone! This vintage split-level home owned by the original owner features three bedrooms—including a primary suite with its own private bathroom—two and a half baths total, and a full basement with a bonus area and large laundry room with a half bath (possible space to make a full bathroom). The roof was replaced within the last 10 years, the furnace was installed just three years ago, and the central air conditioning unit added last year will keep you comfortable year-round. Nearly all the windows have been upgraded to energy-efficient Anderson windows, with only a few remaining to be replaced. With solid systems, vintage charm, and plenty of room to personalize, this home offers incredible potential—and the big-ticket items are already done. Don’t wait on this one... it’s a fantastic opportunity at a great price point to get into a home in Gladstone and with a little love can make this your own! **Twilight Open house Friday, September 26 from 5–7 PM and Open House Sunday, September 28 from 1–3 PM.**

Last Agent to Sell the Property

STEPHEN HEINS

Heins Real Estate LLC License #201206397 Listed on: 09/25/2025

Last Buyer's Agent

Steve Eggerts

Urban Nest Realty License #950600134

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,092

Year Built

  • Built in 1973

Lot Details

  • 6,969 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Home Design

  • Split Level Home
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,948 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Deck

Schools

  • John Wetten Elementary School
  • Kraxberger Middle School
  • Gladstone High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00502566

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,092

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1973
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Split
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: Fireplace
  • Room 11 Features: Dishwasher
  • Room 12 Features: Fireplace
  • Room 13 Features: Bathroom
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 2
  • Interior Amenities: WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Level: Lower
  • Room 5 Description: BonusRoom
  • Room 5 Level: Lower
  • Basement: FullBasement
  • Window Features: AluminumFrames, VinylFrames
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialLowerLevel: 1
  • BathroomsTotalLowerLevel: 0.1
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt7000to9999
  • Additional Room 10 Level: Lower
  • Room 11 Level: Upper
  • Room 12 Level: Upper
  • Room 13 Level: Upper
  • 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: Upper

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Deck, Fenced, RVParking
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • R V Description: RVBoatStorage
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 00502566

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5091.61

3D Interior and Exterior Tours

Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2025
Closed on
Oct 20, 2025
Sold by
Church Norman G and Church Bonnie L
Bought by
Watkins Jonah W
Seller's Agent
STEPHEN HEINS
Heins Real Estate LLC
Buyer's Agent
Steve Eggerts
Urban Nest Realty
List Price
$424,900
Sold Price
$470,000
Premium/Discount to List
$45,100
10.61%
Views
470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.23%
Original Mortgage
$455,900
Outstanding Balance
$455,900
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$7,126
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 Type Sale Price Title Company
Warranty Deed $470,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,900 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2025 10/21/25 Sold $470,000 +10.6% $241 / Sq Ft
09/29/2025 09/29/25 Pending -- -- --
09/25/2025 09/25/25 For Sale $424,900 -- $218 / 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 $5,237 $259,911 -- --
2024 $5,092 $252,341 -- --
2023 $5,092 $244,992 $0 $0
2022 $4,735 $237,857 $0 $0
2021 $4,561 $230,930 $0 $0
2020 $4,452 $224,204 $0 $0
2019 $4,401 $217,674 $0 $0
2018 $4,241 $211,334 $0 $0
2017 $4,114 $205,179 $0 $0
2016 $3,978 $199,203 $0 $0
2015 $3,847 $193,401 $0 $0
2014 $3,744 $187,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 111936956

Regional Multiple Listing Service (RMLS)

APN: 00502566