$990,000
$210K PRICE DROP

40166 Gates School Rd Gates, OR 97346

Estimated payment $5,716/month

Total Views 7,422
3 Beds
2.5 Baths
2,036 Sq Ft
$486 Price per Sq Ft

Highlights

  • Spa
  • River View
  • Vaulted Ceiling
  • RV Access or Parking
  • Deck
  • Traditional Architecture

About This Home

Nestled on nearly 5 acres of riverfront within a private gated oasis, this property boasts 500+ ft of N Santiam frontage, ideal for fishing and recreation. Relax on the spacious deck or gather around the fire pit just steps from the water. A 30x48 insulated shop with heating/cooling, full bath, and RV hookups inside & out adds versatility. Perfect for family reunions or large events, it also offers fruit trees, vines, fenced garden, dog area, and woodshed. Bonus: no flood insurance required!

Listing Agent

Paul Terjeson

Keller Williams Realty Mid-Willamette License #960900133 Listed on: 08/06/2024

Keller Williams Realty Mid-Willamette

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 1992

Lot Details

  • 4.85 Acre Lot
  • River Front
  • Property fronts a private road
  • Fenced
  • Level Lot
  • Landscaped with Trees
  • Private Yard
  • Garden
  • Property is zoned RE

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • RV Access or Parking

Property Views

  • River
  • Mountain
  • Territorial

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,036 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Laundry Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Spa
  • Deck
  • Fire Pit
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Porch

Schools

  • Santiam Elementary And Middle School
  • Santiam High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0016085

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,095

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1992
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 990000.0
  • Open House: No
  • OtherStructuresFeatures1: Bathroom,ConcreteFloor,ElectricityConnected,Heated,Plumbed,RVHookup,RVParking,Storage
  • OtherStructuresFeatures2: DirtFloor
  • OtherStructuresRoof1: Metal
  • OtherStructuresRoof2: Metal
  • OtherStructuresType1: Workshop
  • OtherStructuresType2: Shed
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, HighCeilings, HighSpeedInternet, Laundry, LuxuryVinylPlank, VaultedCeiling, WalltoWallCarpet
  • Basement: None
  • Appliances: BuiltinOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, Island, Microwave, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres3to5
  • OtherStructuresBaths1: 1.0
  • OtherStructuresBathsTotal: 1.00
  • Additional Room 10 Level: Main
  • 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: T111Siding,WoodSiding
  • Exterior Features: Deck, Fenced, FirePit, FreeStandingHotTub, Garden, Outbuilding, Porch, RVParking, RVBoatStorage, Workshop, Yard
  • Lot Size: 3 to 4.99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • R V Description: RVHookup,RVParking,RVBoatStorage
  • View: Yes
  • Lot Features: Level, PrivateRoad, Sloped, Trees
  • Road Surface Type: Gravel
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition, Shingle
  • View: Mountain,River,Territorial

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Covered, Driveway
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: RE
  • Land Lease: No
  • Lot Size Acres: 4.85
  • Lot Size Sq Ft: 211266.0
  • Parcel #: 0016085

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6095.25

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $6,439 $438,640 -- --
2024 $6,284 $425,870 -- --
2023 $6,095 $413,470 $0 $0
2022 $5,993 $401,430 $0 $0
2021 $5,406 $389,740 $0 $0
2020 $4,927 $358,013 $0 $0
2019 $5,293 $348,690 $0 $0
2018 $4,345 $338,540 $0 $0
2017 $4,219 $328,680 $0 $0
2016 $4,097 $319,110 $0 $0
2015 $3,812 $309,820 $0 $0
2014 $3,692 $300,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2025 09/30/25 For Sale $990,000 0.0% $486 / Sq Ft
09/03/2025 09/03/25 Pending -- -- --
07/01/2025 07/01/25 Price Changed $990,000 -3.4% $486 / Sq Ft
05/08/2025 05/08/25 Price Changed $1,025,000 -1.4% $503 / Sq Ft
02/24/2025 02/24/25 Price Changed $1,040,000 -1.0% $511 / Sq Ft
01/21/2025 01/21/25 Price Changed $1,050,000 -4.5% $516 / Sq Ft
09/06/2024 09/06/24 Price Changed $1,100,000 -7.6% $540 / Sq Ft
08/28/2024 08/28/24 Price Changed $1,190,000 -0.8% $584 / Sq Ft
08/06/2024 08/06/24 For Sale $1,200,000 +7.9% $589 / Sq Ft
05/11/2022 05/11/22 Sold $1,112,500 -7.3% $546 / Sq Ft View Prior Sale
03/18/2022 03/18/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $1,200,000 +140.0% $589 / Sq Ft
07/31/2019 07/31/19 Sold $499,900 0.0% $233 / Sq Ft View Prior Sale
05/16/2019 05/16/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $499,900 -- $233 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $499,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,900 VA
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24326189

Regional Multiple Listing Service (RMLS)

APN: 0016085