NOT LISTED FOR SALE

5401 NE Riverside Dr McMinnville, OR 97128

Estimated Value: $766,000 - $1,561,766

1 Bed
1 Bath
615 Sq Ft
$1,766/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $1,150,000 $1,870 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,275/month

49 Days on Market

Highlights

  • RV Access or Parking
  • Waterfront
  • Main Floor Primary Bedroom
  • McMinnville High School Rated 9+
  • 66.8 Acre Lot
  • Attached Garage

About This Home

As of May 2022

Incredible location on 66.80 acres with 0.70 miles of South Yamhill River frontage located near McMinnville city limits, adjacent to the UGB. Excellent building site for dream home or live in the 2012 finished studio apt in shop (permitted). Water rights for over 50-ac and top tier class 1-2 Woodburn silt loam soils. Cropland along river in Conservation Reserve Program thru 9/2030, earn income while enjoying the ample wildlife and peaceful scenery. Irrigation/farm equipment available to purchase separately.

Last Agent to Sell the Property

AMY PENDLEY

AGRI-BUSINESS REAL ESTATE SERVICES License #951000048 Listed on: 03/02/2022

Co-Listed By

Terry Silbernagel

AGRI-BUSINESS REAL ESTATE SERVICES License #790400147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 2012

Lot Details

  • 66.8 Acre Lot
  • Waterfront
  • Property is zoned EF80

Home Design

  • Metal Roof
  • Lap Siding
  • Aluminum Siding

Interior Spaces

  • 615 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Tax Lot 2000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,173

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Range Facility: Electric
  • Syndicated Remarks: Incredible location on 66.80 acres with 0.70 miles of South Yamhill River frontage located near McMinnville city limits, adjacent to the UGB. Excellent building site for dream home or live in the 2012 finished studio apt in shop (permitted). Water rights for over 50-ac and top tier class 1-2 Woodburn silt loam soils. Cropland along river in Conservation Reserve Program thru 9/2030, earn income while enjoying the ample wildlife and peaceful scenery. Irrigation/farm equipment available to purchase separately.
  • Cross Street: Clearwater Dr
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Negotiable Inclusions: Pool Table & Irrigation pump
  • Flooring: Vinyl
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 1
  • Master Bedroom: On Level: 1/Main
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Price Per Sq Ft: 1869.92
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 1788.62

Exterior Features

  • Patio: Patio
  • Exterior Color: Green
  • Roof: Metal Or Aluminum
  • Siding: Aluminum, Fiber Cement
  • Siding Style: Lap
  • View: Water Frontage

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 0

Utilities

  • Heating/Cooling: Electric, Zonal
  • Septic: Standard
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Sue Buel
  • Middle School: Patton
  • High School: McMinnville

Lot Info

  • Acres: 66.8
  • Lot: 2000
  • Price Per Acre: 16467.07
  • Rv Amenities: Area/Room For
  • Zoning: EF80
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 21-22
  • Tax Account Number: 127969
  • Tax Amount: 1173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
May 3, 2022
Sold by
Rasmussen Douglas J
Bought by
Hays Bradly and Hays Shelby
Seller's Agent
AMY PENDLEY
AGRI-BUSINESS REAL ESTATE SERVICES
List Price
$1,100,000
Sold Price
$1,150,000
Premium/Discount to List
$50,000
4.55%
Current Estimated Value
$1,085,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,058
Avg. Annual Appreciation
-1.64%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Rasmussen Douglas J
Bought by
Rasmussen Douglas J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hays Bradly $1,150,000 First American Title
Rasmussen Douglas J -- None Available
Rasmussen Douglas J $11,726 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $1,150,000 +4.5% $1,870 / Sq Ft
03/02/2022 03/02/22 For Sale $1,100,000 -- $1,789 / Sq Ft
Source: Willamette Valley MLS

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
2024 $6,964 $556,276 -- --
2023 $2,847 $227,892 $0 $0
2022 $1,202 $104,183 $0 $0
2021 $1,174 $101,202 $0 $0
2020 $1,143 $98,407 $0 $0
2019 $1,113 $95,716 $0 $0
2018 $1,082 $93,063 $0 $0
2017 $1,036 $88,923 $0 $0
2016 $1,018 $86,410 $0 $0
2015 $1,003 $85,108 $0 $0
2014 $992 $83,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • AMY PENDLEY

    Seller's Agent in 2022

    AMY PENDLEY

    AGRI-BUSINESS REAL ESTATE SERVICES

    (503) 910-4689

    81 Total Sales

    AMY PENDLEY
    Section Image
  • Terry Silbernagel

    Seller Co-Listing Agent in 2022

    Terry Silbernagel

    AGRI-BUSINESS REAL ESTATE SERVICES

    (503) 559-3200

    73 Total Sales

    Terry Silbernagel
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 789246

Willamette Valley MLS

APN: 127696

Oregon Yamhill County McMinnville 97128

5401 NE Riverside Dr, McMinnville, OR

This home is located at 5401 NE Riverside Dr, McMinnville, OR 97128 since 02 March 2022 and is currently estimated at $1,085,942, approximately $1,765 per square foot. This property was built in 2012. 5401 NE Riverside Dr is a home located in Yamhill County with nearby schools including Wascher Elementary School, Patton Middle School, and McMinnville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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