NOT LISTED FOR SALE

41691 NW Covey Ln Banks, OR 97106

Estimated Value: $1,387,780

3 Beds
3 Baths
3,854 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $1,420,000 $368 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,183/month

Highlights

  • Spa
  • 2 Fireplaces
  • Attached Garage
  • Wood Flooring
  • Private Yard
  • Oversized Parking

About This Home

As of March 2022

Commanding breathtaking valley, mountain, and vineyard vistas, this custom-built residence in Banks offers idyllic country living. Discover must-see features like rich hardwood floors, a Vermont Castings wood stove, honed granite countertops, and an updated spa-like primary suite. Explore premium additions, including a detached 1-bath studio with a large loft and an enviable location that allows quick access to Hwy 26. There's so much more waiting for you in this stunning country oasis.

Last Agent to Sell the Property

Clint Currin

RE/MAX Equity Group License #910700231 Listed on: 02/24/2022

RE/MAX Equity Group

Last Buyer's Agent

Christian Maluo

Where, Inc License #990600143

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,590

Year Built

  • Built in 1991

Lot Details

  • Sprinkler System
  • Landscaped with Trees
  • Private Yard
  • Garden
  • Property is zoned AF-20

Parking

  • Attached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Soaking Tub
  • 2-Story Property
  • 2 Fireplaces
  • Double Pane Windows
  • Crawl Space
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Tile

Outdoor Features

  • Spa
  • Patio
  • Shed

Additional Features

  • Accessibility Features
  • Air Cleaner
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,590

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional
  • Sq Ft Calculated: 3854
  • Sq Ft Approximate Total: 3854
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1991
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Main Floor Bedroom w/Bath
  • Additional Room Features: Built-in Features
  • Additional Rooms: Bonus Room, Den, Utility Room
  • All Room Features: Built-in Features, Deck, Formal, Hardwood Floors, Pantry, Suite, Sunken, Wood Stove, Butler's Pantry
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Stove, Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Air Cleaner, Garage Door Opener, Hardwood Floors, Laundry, Tile Floor, Soaking Tub, Granite
  • Kitchen Appliances: Microwave, Built-in Range, Dishwasher, Disposal, Pantry, Built-in Oven, Plumbed For Ice Maker, Granite, Wine Cooler, Stainless Steel Appliance(s)
  • Legal Description: 2N3300001010
  • Sq Ft Main Level: 2550
  • Upper Level Sq Ft: 1304
  • Bedrooms: 3
  • Master Bedroom: Features: Deck, Suite, Wood Stove,On Level: Upper,Dimensions: 18x21
  • Bedroom 2: On Level: Main,Dimensions: 12x12
  • Bedroom 3: On Level: Main,Dimensions: 12x12
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: Features: Built-in Features, Formal,On Level: Main,Dimensions: 14x17
  • Family Room: Features: Wood Stove,On Level: Main,Dimensions: 17x20
  • Living Room: Features: Formal, Sunken, Wood Stove,On Level: Main,Dimensions: 13x18
  • Kitchen: Features: Hardwood Floors, Pantry, Butler's Pantry,On Level: Main,Dimensions: 14x18
  • Additional Room 1: Description: Bonus Room,On Level: Upper,Dimensions: 14x23
  • Additional Room 2: Description: Den,Features: Built-in Features,On Level: Main,Dimensions: 12x13
  • Additional Room 3: Description: Utility Room,On Level: Main
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Garden, Patio, Workshop, Sprinkler, Tool Shed, Free-Standing Hot Tub, Yard
  • Lot Size: 3-4.99AC
  • Roof Type: Composition
  • View: Vineyard, Mountain(s), Valley
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Gravel

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached, Oversized
  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Shared Well
  • Cooling Description: Heat Pump
  • Heating Description: Forced Air
  • Internet Service Type: Other

Lot Info

  • Lot Description: Trees
  • Acres: 3.39
  • Zoning: AF-20

Tax Info

  • Tax Amount: 8939.35
  • Assessor Parcel Number: R1449230
  • Tax Year: 2021

MLS Schools

  • Elementary School: Banks
  • High School: Banks
  • Middle School: Banks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 24, 2022
Sold by
Joshua Heard
Bought by
Oholaren Revocable Living Trust
Seller's Agent
Clint Currin
RE/MAX Equity Group
Buyer's Agent
Christian Maluo
Where, Inc
List Price
$1,270,000
Sold Price
$1,420,000
Premium/Discount to List
$150,000
11.81%
Current Estimated Value
$1,387,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,220
Avg. Annual Appreciation
-0.64%
Original Mortgage
$1,136,000
Outstanding Balance
$923,284
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$464,496

Purchase Details

Closed on
Oct 27, 2016
Sold by
Kinch Jason A and Kinch Theresa E
Bought by
Heard Joshua and Heard Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2014
Sold by
Kinch Jason A and Kinch Theresa E
Bought by
Kinch Jason A and Kinch Theresa E
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
Oholaren Revocable Living Trust $1,420,000 First American Title
Heard Joshua $830,000 Fidelity Natl Title Oregon
Kinch Jason A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oholaren Revocable Living Trust $1,136,000
Previous Owner Heard Joshua $664,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $1,420,000 +11.8% $368 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $1,270,000 -- $330 / 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 $10,590 $754,680 -- --
2024 $9,421 $732,700 -- --
2023 $9,421 $711,360 $0 $0
2022 $9,182 $711,360 $0 $0
2021 $8,939 $670,540 $0 $0
2020 $8,673 $651,010 $0 $0
2019 $8,294 $632,050 $0 $0
2018 $8,078 $613,650 $0 $0
2017 $7,701 $595,780 $0 $0
2016 $7,614 $578,430 $0 $0
2015 $7,293 $561,590 $0 $0
2014 $7,223 $545,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22107028

Regional Multiple Listing Service (RMLS)

APN: R1449230