NOT LISTED FOR SALE

60462 River Rd Joseph, OR 97846

Estimated Value: $439,000 - $508,000

2 Beds
2 Baths
1,023 Sq Ft
$463/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $352,000 $344 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,838/month

26 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Outdoor Water Feature
  • Pond
  • Private Yard
  • Views

About This Home

As of October 2020

Enjoy the sounds of the river, sit back and relax in this vacation home at Wallowa Lake, Oregon. This beautifully maintained, updated 2 bedroom, 1 1/2 bath home on .43 landscaped acre is a short walk to the lake, state park, and activities, but on a quiet street. It has a water feature and spring fed pond, large deck and patio. The living and dining area where you spend most of your time is large and gracious with a fireplace, many windows looking out at the view, and glass door access to deck.

Last Agent to Sell the Property

Anita Fager

Valley Realty License #961000047 Listed on: 07/13/2020

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • Level Lot
  • Sprinkler System
  • Landscaped with Trees
  • Private Yard
  • Property is zoned R-3

Parking

  • Off-Street Parking

Home Design

  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Laundry Room
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Pond
  • Deck
  • Patio
  • Outdoor Water Feature
  • Outbuilding

Utilities

  • Heating System Uses Propane
  • High Speed Internet

Home Details

Home Type

Single Family

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cabin, 1 Story
  • Sq Ft Calculated: 1023
  • Sq Ft Approximate Total: 1023
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1930
  • Property Condition: Updated/Remodeled
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: One Level
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 1.1
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Laundry, Wall to Wall Carpet, High Speed Internet, Vinyl Floor
  • Kitchen Appliances: Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: 03S4529AA TL#2700
  • Sq Ft Main Level: 1023
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Exterior Features: Deck, Outbuilding, Patio, Sprinkler, Water Feature, Yard
  • Lot Size: 15K-19,999SF
  • Roof Type: Composition
  • View: Mountain(s)
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Gravel

Garage/Parking

  • Parking Description: Off Street

Utilities

  • Fuel Description: Propane
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Lot Description: Level, Pond, Trees
  • Acres: 0.43
  • Zoning: R-3
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 1808.76
  • Assessor Parcel Number: 4341
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Joseph
  • High School: Joseph
  • Middle School: Joseph

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Joyce Ann Sherman Residuary Trust and Sherman Michael H
Bought by
Banks Robert K and Banks Rachel
Current Estimated Value
$508,228

Purchase Details

Listed on
Jul 13, 2020
Closed on
Oct 8, 2020
Sold by
Sherman Michael Hayden and Harvey Leroy Sherman Revocable
Bought by
Banks Robert K and Banks Rachel
Seller's Agent
Anita Fager
Valley Realty
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$365,000
Sold Price
$352,000
Premium/Discount to List
-$13,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$266,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Banks Robert K -- Wallowa Title
Banks Robert K $352,000 Wallowa Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Robert K $266,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $352,000 -3.6% $344 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $365,000 -- $357 / 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
2024 $1,999 $188,723 $131,521 $57,202
2023 $1,942 $183,227 $127,691 $55,536
2022 $1,888 $177,891 $124,139 $53,752
2021 $1,835 $172,710 $115,340 $57,370
2020 $1,857 $167,680 $112,178 $55,502
2019 $1,809 $162,797 $107,107 $55,690
2018 $1,762 $158,056 $104,050 $54,006
2017 $1,715 $153,453 $101,022 $52,431
2016 $1,670 $148,984 $0 $0
2015 $1,626 $144,645 $95,502 $49,143
2014 $1,584 $140,433 $92,555 $47,878
2013 $1,542 $136,343 $88,123 $48,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20375589

Regional Multiple Listing Service (RMLS)

APN: 4341