NOT LISTED FOR SALE

5145 Red Prairie Rd Sheridan, OR 97378

Estimated Value: $856,266 - $863,000

4 Beds
2.5 Baths
2,553 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $730,000 $286 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,049/month

22 Days on Market

Highlights

  • Pond View
  • 20.23 Acre Lot
  • Traditional Architecture
  • Waterfront
  • Pond
  • No HOA

About This Home

As of July 2023

"FINAL CALL FOR OFFERS!!! All offers due 6/18/2023 by 5:00 PM Pacific. Contact agent for details." Amazing 20.23 acres + level and usable farm. 4BR, 2.5 BA, 2553 sq ft Home including 484 sq ft of basement living space (needs some finishing). Centrally located with easy access to Salem, McMinnville and the Coast. Peaceful setting, plenty of room to roam, plus pond. Property includes multiple out buildings, including a 34x44 garage/barn, a 68x165 outbuilding, a 68x110 outbuilding, a 24x44 shed, and a 24x52 shed. "Property sold "As-Is". Buyer and/or buyer's agent is responsible for verifying all pertinent information including but not limited to condition, utilities, zoning, acreage, square footage, taxes, permitting, HOA's, school zones, etc."

Last Agent to Sell the Property

ADAM JOHNSON

Windermere West LLC, Newberg License #201222792 Listed on: 05/31/2023

Co-Listed By

Brian Carlson

Windermere West LLC License #841100037

Last Buyer's Agent

Nathan Wu

HomeSmart Realty Group License #201213984

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1930

Lot Details

  • 20.23 Acre Lot
  • Waterfront
  • Level Lot
  • Landscaped with Trees
  • Property is zoned FF

Parking

  • 2 Car Garage

Property Views

  • Pond
  • Territorial
  • Valley

Home Design

  • Traditional Architecture
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,553 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Pond

Schools

  • Faulconer-Chap Elementary And Middle School
  • Sheridan High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230957

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,514

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 1930
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Basement: FullBasement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Main Level Full Bathrooms: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres20to50
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 20 to 49.99 Acres
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Pond, Trees
  • Waterfront Features: Other
  • Disclosures: Exempt
  • Home Warranty: No
  • View: Pond,Territorial,Valley

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,Propane
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Faulconer-Chap
  • High School: Sheridan
  • Middle Or Junior School: Faulconer-Chap

Lot Info

  • Zoning: FF
  • Lot Size Acres: 20.23
  • Lot Size Sq Ft: 881218.0
  • Parcel #: 230957

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4513.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2024
Sold by
Wu Nathan
Bought by
Wu Nathan and Wu Shu X
Current Estimated Value
$860,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$505,289
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$300,921

Purchase Details

Listed on
May 31, 2023
Closed on
Jul 11, 2023
Sold by
United States Marshals Service
Bought by
Wu Nathan
Seller's Agent
ADAM JOHNSON
Windermere West LLC, Newberg
Buyer's Agent
Nathan Wu
HomeSmart Realty Group
List Price
$654,500
Sold Price
$730,000
Premium/Discount to List
$75,500
11.54%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Listed on
Apr 4, 2019
Closed on
Mar 17, 2020
Sold by
Mitchell Phillip C and Mitchell Elizabeth A
Bought by
Liang Suying
Seller's Agent
Luann Galloway
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Buyer's Agent
Alisha Wolfe
OREGON REALTY NW
List Price
$690,000
Sold Price
$618,000
Premium/Discount to List
-$72,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$440,300
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2012
Closed on
Aug 15, 2014
Sold by
Clement Antonio C and Clement Kari L
Bought by
Mitchell Phillip C and Mitchell Elizabeth A
Seller's Agent
Kelly Hagglund
THE KELLY GROUP REAL ESTATE
Buyer's Agent
Luann Galloway
COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$280,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Grams Clara L
Bought by
Clement Antonio C and Clement Kari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
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
Wu Nathan -- Ticor Title
Wu Nathan $730,000 None Listed On Document
Liang Suying $618,000 Amerititle
Mitchell Phillip C $400,000 Ticor Title
Clement Antonio C $332,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Nathan $512,000
Previous Owner Liang Suying $440,300
Previous Owner Mitchell Elizabeth A $50,000
Previous Owner Mitchell Phillip C $280,000
Previous Owner Clement Antonio C $70,000
Previous Owner Clement Antonio C $58,000
Previous Owner Clement Antonio C $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $730,000 +11.5% $286 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $654,500 +5.9% $256 / Sq Ft
03/19/2020 03/19/20 Sold $618,000 -4.5% $240 / Sq Ft
08/19/2019 08/19/19 Price Changed $647,000 -3.4% $251 / Sq Ft
06/24/2019 06/24/19 Price Changed $669,900 -2.9% $260 / Sq Ft
04/04/2019 04/04/19 For Sale $690,000 +72.5% $268 / Sq Ft
08/18/2014 08/18/14 Sold $400,000 -11.1% $155 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
11/19/2012 11/19/12 For Sale $450,000 -- $175 / 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 $4,334 $430,570 $194,940 $235,630
2024 $4,334 $418,030 $189,260 $228,770
2023 $16,851 $0 $0 $0
2022 $4,514 $437,385 $21,555 $415,830
2021 $5,289 $424,766 $21,046 $403,720
2020 $1,851 $149,655 $20,555 $129,100
2019 $1,825 $145,414 $20,074 $125,340
2018 $1,763 $141,300 $19,610 $121,690
2017 $1,742 $137,306 $19,156 $118,150
2016 $1,753 $133,429 $18,719 $114,710
2015 $1,713 $129,660 $18,290 $111,370
2014 $1,633 $126,008 $17,878 $108,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23680156

Regional Multiple Listing Service (RMLS)

APN: 230957