NOT LISTED FOR SALE

40630 NW Raindance Ln Banks, OR 97106

Estimated Value: $990,790 - $1,030,000

4 Beds
3 Baths
3,042 Sq Ft
$332/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $935,000 $307 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,898/month

104 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Built-In Refrigerator
  • Home fronts a creek
  • View of Trees or Woods
  • Craftsman Architecture

About This Home

As of September 2023

Enjoy rural living while still being a short drive to amenities you need. This stunning 5 acre property is for sale in the Banks, Oregon area, with easy access to Hwy 26. The Raindance Lane home offers just over 3000 sq.ft. of living space within a spacious daylight basement floor design. It boasts 4 bdrms, 3 full baths, an office and a large laundry room. Step outside onto the expansive Trex deck to take in the park like atmosphere. Outside you'll discover the large backyard fully fenced with 5 access gates an an 8'x18' shed/shop that has easy access from the home. The large garden (48'x32') is just down the way with an in-ground watering system. This property has been thoughtfully updated and maintained with a new roof, exterior and interior paint, new concrete septic as well as many extras.

Last Agent to Sell the Property

William Johnson

William E Johnson License #200705286 Listed on: 04/07/2023

Last Buyer's Agent

Jennifer Weitzel

Better Homes & Gardens Realty License #200601159

Better Homes & Gardens Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,060

Year Built

  • Built in 1985

Lot Details

  • 5 Acre Lot
  • Home fronts a creek
  • Fenced
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Garden
  • Property is zoned R2

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Craftsman Architecture
  • Wood Siding

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Built-In Convection Oven
  • Free-Standing Gas Range
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Walk-in Shower
  • Built-In Bathroom Cabinets

Accessible Home Design

  • Low Kitchen Cabinetry
  • Accessibility Features
  • Accessible Parking

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outbuilding

Schools

  • Banks Elementary And Middle School
  • Banks High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R1264483

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,060

Year Built

Built in 1985

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1985
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Craftsman
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: BathroomCabinets, KitchenCabinets, Parking, WalkinShower
  • Total Bathrooms: 3.0
  • Interior Amenities: CeilingFan, GarageDoorOpener, Laundry, SoakingTub, TileFloor, WalltoWallCarpet, WoodFloors
  • Basement: FullBasement
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinOven, BuiltinRefrigerator, ConvectionOven, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, Microwave, PlumbedForIceMaker
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: PelletStove
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres5to7
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: CoveredPatio, Deck, Fenced, FreeStandingHotTub, Garden, Outbuilding, Pool, RVParking, Sprinkler, ToolShed, Yard
  • Lot Size: 5 to 6.99 Acres
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Wooded
  • Road Surface Type: Paved
  • Water Body Name: Baush Creek
  • Waterfront Features: Creek
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: R2
  • Lot Size Acres: 5.0
  • Lot Size Sq Ft: 217800.0
  • Parcel #: R1264483

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6060.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Sep 20, 2023
Sold by
Nickels Living Trust
Bought by
Etienne Matthew B and Calhoun Ashley Lorraine
Seller's Agent
William Johnson
William E Johnson
Buyer's Agent
Jennifer Weitzel
Better Homes & Gardens Realty
List Price
$999,995
Sold Price
$935,000
Premium/Discount to List
-$64,995
-6.5%
Views
784
Current Estimated Value
$1,010,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,395
Avg. Annual Appreciation
3.76%
Original Mortgage
$665,000
Outstanding Balance
$650,896
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
$359,499

Purchase Details

Closed on
Mar 17, 2022
Sold by
Francis Nickels Sr Jeffrey and Francis Kirsty
Bought by
Nickels Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,351
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2022
Sold by
Nickels Living Trust
Bought by
Nickels Jeffrey Francis and Nickels Kirsty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,351
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2022
Sold by
Francis Nickels Sr Jeffrey and Francis Kirsty
Bought by
Nickels Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,351
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2021
Sold by
Nickels Jeffrey Francis and Nickels Kirsty
Bought by
Nickels Jeffrey Francis and Nickels Kirsty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2021
Sold by
Nickels Jeffrey Francis and Nickels Kirsty
Bought by
Nickels Jeffrey Francis and Nickels Kirsty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2014
Sold by
Lundsten Duane and Lundsten Deanna M
Bought by
Nickels Jeffrey and Nickels Kirsty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2001
Sold by
Nickels Jeffrey
Bought by
Nickels Jeffrey Francis and Nickels Kirsty
Source: Public Records

Range of Values:

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Average Value
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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
Etienne Matthew B $935,000 Lawyers Title
Nickels Living Trust $91,000 Accommodation/Courtesy Recordi
Nickels Jeffrey Francis -- Vantage Point Title
Nickels Living Trust -- Accommodation/Courtesy Recordi
Nickels Jeffrey Francis -- Vantage Point Title
Nickels Jeffrey Francis -- Accommodation
Nickels Jeffrey Francis -- Stewart Title
Nickels Jeffrey $560,000 First American
Nickels Jeffrey Francis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etienne Matthew B $665,000
Previous Owner Nickels Jeffrey Francis $645,351
Previous Owner Nickels Jeffrey Francis $645,351
Previous Owner Nickels Jeffrey Francis $541,000
Previous Owner Nickels Jeffrey $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $935,000 0.0% $307 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $935,000 -3.1% $307 / Sq Ft
07/08/2023 07/08/23 Price Changed $965,000 -3.1% $317 / Sq Ft
06/14/2023 06/14/23 Price Changed $995,900 -0.4% $327 / Sq Ft
04/07/2023 04/07/23 For Sale $999,995 -- $329 / 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 $6,990 $498,100 -- --
2024 $6,218 $483,600 -- --
2023 $6,218 $469,520 $0 $0
2022 $6,060 $469,520 $0 $0
2021 $5,900 $442,580 $0 $0
2020 $5,724 $429,690 $0 $0
2019 $5,474 $417,180 $0 $0
2018 $5,332 $405,030 $0 $0
2017 $5,083 $393,240 $0 $0
2016 $5,025 $381,790 $0 $0
2015 $4,814 $370,670 $0 $0
2014 $4,767 $359,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23495148

Regional Multiple Listing Service (RMLS)

APN: R1264483