NOT LISTED FOR SALE

7118 SW Lee Rd Gaston, OR 97119

Estimated Value: $1,186,000

5 Beds
4 Baths
3,572 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $915,000 $256 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,194/month

164 Days on Market

Highlights

  • Barn
  • Private Pool
  • Deck
  • Covered Arena
  • RV Access or Parking
  • Secluded Lot

About This Home

As of March 2021

One of a kind horse property tucked away on a secluded 31 acres of forested land, just off the south edge of Henry Hagg Lake. Live your equestrian dreams, imagine your ideal hobby farm, or take advantage of the limitless uses and potential business opportunities afforded. Property features include a custom-built home, pool, horse barn, and covered riding arena equipped with lighting, sprinklers, stalls, hay storage, shavings area, wash rack, and more. Forest tax deferral and marketable timber.

Last Listed By

Mike Rushing

Corcoran Prime License #201210911 Listed on: 08/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,428

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • Secluded Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned EFC

Parking

  • Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • Soaking Tub
  • 3-Story Property
  • Plumbed for Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Laundry Room
  • Property Views

Flooring

  • Engineered Wood
  • Tile

Finished Basement

  • Apartment Living Space in Basement
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Intercom

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Outbuilding

Horse Facilities and Amenities

  • Covered Arena
  • Arena

Additional Features

  • Barn
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,428

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional, Custom Style
  • Sq Ft Calculated: 2892
  • Sq Ft Approximate Total: 3572
  • Stories: 3
  • Year Built: 1986
  • Property Condition: Approximately
  • Remarks Public: One of a kind horse property tucked away on a secluded 31 acres of forested land, just off the south edge of Henry Hagg Lake. Live your equestrian dreams, imagine your ideal hobby farm, or take advantage of the limitless uses and potential business opportunities afforded. Property features include a custom-built home, pool, horse barn, and covered riding arena equipped with lighting, sprinklers, stalls, hay storage, shavings area, wash rack, and more. Forest tax deferral and marketable timber.
  • New Construction Supplement: No
  • Additional Structure Other Types: Arena, Barn(s)
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Bathroom, Daylight, Exterior Entry, Bathtub With Shower, Engineered Hardwood
  • Additional Rooms: Sun Room, 4th Bedroom, Guest Quarters
  • All Room Features: Bathroom, Ceiling Fan(s), Daylight, Disposal, Exterior Entry, Skylight(s), Tile Floor, Vaulted Ceiling(s), Built-in Oven, Free-Standing Refrigerator, Bathtub With Shower, Engineered Hardwood
  • Lower Level Bathrooms: 2.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 3.1
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Intercom, Laundry, Tile Floor, Vaulted Ceiling(s), Soaking Tub, Separate Living Quarters/Apartment/Aux Living Unit, Plumbed For Central Vacuum, 3rd Floor, Engineered Hardwood
  • Kitchen Appliances: Trash Compactor, Dishwasher, Disposal, Pantry, Tile, Built-in Oven, Plumbed For Ice Maker, Free-Standing Refrigerator, Cooktop, Stainless Steel Appliance(s)
  • Legal Description: ACRES 29.54, CODE SPLIT, FORESTLAND -POTENTIAL ADDITIONAL TAX LIA
  • Sq Ft Lower Level: 680
  • Sq Ft Main Level: 1334
  • Upper Level Sq Ft: 1558
  • Bedrooms: 5
  • Master Bedroom: Features: Vaulted Ceiling(s), Engineered Hardwood,On Level: Main,Dimensions: 16x16
  • Bedroom 2: On Level: Main,Dimensions: 12x14
  • Bedroom 3: On Level: Main,Dimensions: 11x14
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Basement: Daylight, Finished, Separate Living Quarters/Apartment/Aux Living Unit
  • Dining Room: Features: Tile Floor, Vaulted Ceiling(s),On Level: Upper,Dimensions: 11x15
  • Family Room: Features: Engineered Hardwood,On Level: Main,Dimensions: 11x21
  • Living Room: Features: Ceiling Fan(s), Vaulted Ceiling(s), Engineered Hardwood,On Level: Upper,Dimensions: 15x24
  • Kitchen: Features: Disposal, Skylight(s), Tile Floor, Vaulted Ceiling(s), Built-in Oven, Free-Standing Refrigerator,On Level: Upper,Dimensions: 12x20
  • Additional Room 1: Description: 4th Bedroom,Features: Engineered Hardwood,On Level: Main,Dimensions: 10x14
  • Additional Room 2: Description: Guest Quarters,Features: Bathroom, Daylight, Exterior Entry, Bathtub With Shower, Engineered Hardwood,On Level: Lower,Dimensions: 15x28
  • Additional Room 3: Description: Sun Room,On Level: Upper,Dimensions: 15x20
  • Bathrooms Lower Level Full: 2
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Partial: 1
  • Window Features: Aluminum Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Wood Composite
  • Exterior Features: Arena, Barn(s), Deck, Outbuilding, Patio, Pool, Sprinkler, Private Road, Yard, Covered Arena
  • Lot Size: 20-49.99AC
  • Roof Type: Composition
  • View: Territorial, Trees/Woods
  • Foundation Details: Concrete Perimeter
  • Additional Structure Construction Types: Wood Frame, Metal Siding
  • Additional Structure Feature Types: Hay Storage, Electricity Connected, Workshop, Storage, 220 Volts, Tack Room
  • Additional Structure No Structures: 2
  • Additional Structure Roof Types: Metal
  • R V Description: RV Parking
  • View: Yes
  • Additional Structure Supplement: Yes
  • Road Surface: Gravel

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Attached
  • Parking Description: Driveway, RV Access/Parking

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Septic Tank
  • Water Description: Private, Well
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Security: Security System Owned

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Dilley
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Merchantable Timber, Secluded, Gentle Sloping
  • Acres: 31.00
  • Zoning: EFC
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 6026.35
  • Tax Deferral Desc: Forest Land
  • Tax Deferral: Yes
  • Assessor Parcel Number: R1381132
  • Assessor Parcel Number 2: R2044088
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Dilley
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Powell Terri L and Johnson Harold V
Bought by
Terri L Powell Revocable Trust and Powell
Total Days on Market
164
Current Estimated Value
$1,186,000

Range of Values:

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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
Terri L Powell Revocable Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $915,000 -3.7% $256 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
11/10/2020 11/10/20 Price Changed $950,000 -4.9% $266 / Sq Ft
10/06/2020 10/06/20 Price Changed $999,000 -9.1% $280 / Sq Ft
08/20/2020 08/20/20 For Sale $1,099,000 +20.1% $308 / Sq Ft
08/20/2020 08/20/20 Off Market $915,000 -- --
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 $7,428 $461,520 -- --
2024 $6,984 $511,710 -- --
2021 $6,010 $482,370 -- --
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20114647

Regional Multiple Listing Service (RMLS)

APN: R1381132