NOT LISTED FOR SALE

48773 NW Cedar Canyon Rd Banks, OR 97106

Estimated Value: $610,000 - $838,099

2 Beds
1.5 Baths
1,805 Sq Ft
$414/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $749,000 $415 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,864/month

7 Days on Market

Highlights

  • RV Access or Parking
  • Farm
  • Private Yard
  • View of Trees or Woods
  • Secluded Lot
  • No HOA

About This Home

As of October 2023

Welcome to your private oasis in Banks, Oregon! Nestled on an expansive nearly 5-acre lot, this charming 1805 square foot home offers the perfect blend of tranquility and convenience. As you approach, you'll be greeted by a fully paved driveway, providing easy access to your secluded retreat. Towering trees and lush greenery surround the property, creating a serene natural backdrop that's home to abundant wildlife, making this a nature lover's paradise. This property boasts not only privacy but also practicality with RV parking and multiple versatile outbuildings, ready to accommodate a variety of uses, whether it's a workshop, storage space, or even a potential guest cottage. Imagine waking up to the soothing sounds of nature, enjoying your morning coffee on the spacious deck, and watching deer roam freely through your backyard. If you've been searching for a peaceful haven to call your own, this Banks, Oregon property offers a rare opportunity to escape the hustle and bustle while still being just a short drive away from all the amenities the area has to offer. Don't miss the chance to make this tranquil retreat your forever home.

Last Agent to Sell the Property

Jordan Miller

John L. Scott Market Center License #201209749 Listed on: 09/07/2023

John L. Scott Market Center

Last Buyer's Agent

Traci Brown

Keller Williams Sunset Corridor License #201007049

Keller Williams Sunset Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1996

Lot Details

  • 4.82 Acre Lot
  • Secluded Lot
  • Terraced Lot
  • Landscaped with Trees
  • Private Yard
  • Garden

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway
  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,805 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Banks Elementary And Middle School
  • Banks High School

Farming

  • Farm

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R815176

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,798

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.1
  • Interior Amenities: CeilingFan, Laundry, VinylFloor, WalltoWallCarpet
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinOven, Dishwasher, FreeStandingRefrigerator, Island
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: Acres3to5
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,WoodSiding
  • Exterior Features: Garden, Outbuilding, Patio, RVParking, RVBoatStorage, Yard
  • Lot Size: 3 to 4.99 Acres
  • Foundation Details: ConcretePerimeter
  • R V Description: RVParking,RVBoatStorage
  • View: Yes
  • Lot Features: Secluded, Sloped, Terraced, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Garage Type: Carport,Detached
  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank, StandardSeptic
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: Yes
  • Zoning: SFR
  • Lot Size Acres: 4.82
  • Lot Size Sq Ft: 209959.0
  • Parcel #: R815176

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2022
  • Tax Annual Amount: 4798.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Sep 18, 2023
Sold by
Turner John and Turner Roberta
Bought by
Duncan George Jason
Seller's Agent
Jordan Miller
John L. Scott Market Center
Buyer's Agent
Traci Brown
Keller Williams Sunset Corridor
List Price
$749,000
Sold Price
$749,000
Views
57
Current Estimated Value
$795,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,567
Avg. Annual Appreciation
2.47%
Original Mortgage
$711,550
Outstanding Balance
$700,887
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$82,104
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 Buyer Sale Price Title Company
Duncan George Jason $749,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan George Jason $711,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $749,000 0.0% $415 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $749,000 -- $415 / 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 $6,108 $430,470 -- --
2024 $4,921 $377,580 -- --
2023 $4,921 $366,540 $0 $0
2022 $4,798 $366,540 $0 $0
2021 $4,673 $345,560 $0 $0
2020 $4,536 $335,500 $0 $0
2019 $4,341 $325,730 $0 $0
2018 $4,229 $316,250 $0 $0
2017 $4,035 $307,040 $0 $0
2016 $3,990 $298,100 $0 $0
2015 $3,825 $289,420 $0 $0
2014 $3,789 $281,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23141193

Regional Multiple Listing Service (RMLS)

APN: R0815176