$2,050,000
$200K PRICE DROP

3643 Frazer Rd SE Sublimity, OR 97385

Estimated payment $11,284/month

Total Views 8,697
5 Beds
5.5 Baths
6,312 Sq Ft
$325 Price per Sq Ft

Highlights

  • Barn
  • RV Access or Parking
  • 36.33 Acre Lot
  • Victor Point Elementary School Rated A
  • Waterfront
  • Wood Burning Stove

About This Home

Seller financing possible! This stunning Mid-Century Modern architectural gem features one-level dual living, on 36 acres, providing natural privacy near Silver Falls Park. The property includes 5 bedrooms, 5.5 baths, a library, and an office. High-quality materials are evident throughout, with five masonry fireplaces built by Kaufman and beautiful tongue-and-groove wood ceilings. With numerous possibilities for multi-generational living, this property also has two seasonal ponds and overlooks Drift Creek. Enjoy the peaceful location that includes pastureland and over 9 acres of forested area, part of the Fish and Wildlife Habitat Conservation Program, resulting in low taxes. Additionally, it is equipped with geothermal heat and owned solar panels for reduced utility costs.*Seller financing is preferred, requiring 20% down at a 5% interest rate via a land sales contract. Terms are subject to buyer qualification and seller approval. One of the sellers is an inactive licensed Oregon real estate agent.

Listing Agent

LEEANN FRIEND MARGRAVES

HOMESMART REALTY GROUP License #890100013 Listed on: 08/25/2025

HOMESMART REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,369

Year Built

  • Built in 1968

Lot Details

  • 36.33 Acre Lot
  • Waterfront
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Property is zoned EFU

Home Design

  • Slab Foundation
  • Composition Roof
  • Cedar Siding
  • T111 Siding

Interior Spaces

  • 6,312 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • First Floor Utility Room
  • Territorial Views

Kitchen

  • Built-In Range
  • Stove
  • Down Draft Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Car Garage
  • Carport
  • RV Access or Parking

Schools

  • Victor Point Elementary And Middle School
  • Silverton High School

Utilities

  • Heat Pump System
  • Heating System Uses Wood
  • Water Rights
  • Well
  • Electric Water Heater
  • Septic System
  • High Speed Internet

Additional Features

  • Solar Heating System
  • Covered Patio or Porch
  • Accessory Dwelling Unit (ADU)
  • Barn

Listing and Financial Details

  • Tax Lot M&B

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,369

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Dual Living: Adu - Integrated
  • Home Warranty: Negotiable
  • Range Facility: Electric, Built-In, Downdraft
  • Syndicated Remarks: Seller financing possible! This stunning Mid-Century Modern architectural gem features one-level dual living, on 36 acres, providing natural privacy near Silver Falls Park. The property includes 5 bedrooms, 5.5 baths, a library, and an office. High-quality materials are evident throughout, with five masonry fireplaces built by Kaufman and beautiful tongue-and-groove wood ceilings. With numerous possibilities for multi-generational living, this property also has two seasonal ponds and overlooks Drift Creek. Enjoy the peaceful location that includes pastureland and over 9 acres of forested area, part of the Fish and Wildlife Habitat Conservation Program, resulting in low taxes. Additionally, it is equipped with geothermal heat and owned solar panels for reduced utility costs.*Seller financing is preferred, requiring 20% down at a 5% interest rate via a land sales contract. Terms are subject to buyer qualification and seller approval. One of the sellers is an inactive licensed Oregon real estate agent.
  • Cross Street: Drift Creek Rd
  • Year Built: 1968
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Fireplace: Living Room, Family Room, Wood, Stove
  • Wood Burning Stove: Certified
  • Flooring: Carpet, Vinyl, Wood, Tile
  • Total Bathrooms: 5.5
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 27.2x23.7, On Level: 1/Main
  • Bedroom 2: Dimensions: 18.6x14.2, On Level: 1/Main
  • Bedroom 3: Dimensions: 14.3x13.8, On Level: 1/Main
  • Bedroom 4: Dimensions: 13.6x12.1, On Level: 1/Main
  • Additional Room: On Level: 1/Main
  • Dining Room: 1/Main, Dimensions: 23.6x15.6, On Level: 1/Main
  • Family Room: Dimensions: 23x19.3, On Level: 1/Main
  • Living Room: Dimensions: 30.2x26.2, On Level: 1/Main
  • Kitchen: Dimensions: 23.9x19, On Level: 1/Main
  • Utility Room Level: 1/Main
  • Bonus Rooms: Den, Office
  • Source Of Sq Ft: County

Exterior Features

  • Patio: Patio, Covered Patio
  • Exterior Color: Brown
  • Fenced Yard: Partial
  • Foundation: Continuous, Slab
  • Landscape: Yes
  • Out Buildings: Barn
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: T111
  • View: Territorial, Water Frontage

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Heating/Cooling: Electric, Solar, Wood, Heat Pump, Zonal
  • High Speed Comm Access: Available
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric
  • Water Rights: Yes

Lot Info

  • Acres: 36.33
  • Estimated Lot Sq Ft: 1582535
  • Lot: M&B
  • Lot Type: Irregular
  • Rv Amenities: Area/Room For
  • Zoning: EFU
  • Geo Subdivision: OR

Green Features

  • Green Home: Yes (Refer To Remarks)
  • Smart Home Features: No

Tax Info

  • Tax Years: 2024
  • Tax Amount: 5369

MLS Schools

  • HighSchool: Silverton
  • Middle School: Victor Point
  • Elementary School: Victor Point

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
2021 $4,823 $358,460 $0 $0
2020 $133 $0 $0 $0
2019 -- $0 $0 $0
2018 -- $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2025 10/04/25 Price Changed $2,050,000 -4.7% $325 / Sq Ft
09/03/2025 09/03/25 Price Changed $2,150,000 -4.4% $341 / Sq Ft
08/25/2025 08/25/25 For Sale $2,250,000 -- $356 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $200,000 Credit Line Revolving
Closed $275,000 No Value Available
Closed $225,000 No Value Available
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 832961

Willamette Valley MLS

APN: 539674