NOT LISTED FOR SALE

7465 NE Highway 240 Yamhill, OR 97148

Estimated Value: $1,751,926 - $2,003,000

6 Beds
5 Baths
4,994 Sq Ft
$376/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $1,500,000 $300 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,428/month

281 Days on Market

Highlights

  • Additional Residence on Property
  • Second Garage
  • Waterfront
  • Barn
  • RV Access or Parking
  • 3 Fireplaces

About This Home

As of April 2021

Many income possibilities in the heart of equestrian & wine country! Rental income, horse boarding, farm, airbnb. Main home has 2,994sqft, 3 bed, 3 bath, spacious rooms, cstm built-ins, lots of storage. Beautiful lrg covered deck, perfect for entertaining. Studio building w/dog kennel. Remodeled 2 home w/2,000sqft, 3 bed, 2 bath and new deck. Industrial sized shop 132'x 40', w/18' doors. Barn 60'x 60' w/drive thru access. Fenced pasture. Silos. Approx 20 acres of farm/pasture land. City water.

Last Agent to Sell the Property

Tricia Meeuwsen

MORE Realty License #961000177 Listed on: 06/04/2020

MORE Realty

Last Buyer's Agent

James Dezellem

MORE Realty License #201229047

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,164

Year Built

  • Built in 1977

Lot Details

  • Waterfront
  • Dog Run
  • Level Lot
  • Private Yard
  • Land Lease
  • Property is zoned EF-20

Parking

  • Detached Garage
  • Carport
  • Second Garage
  • Workshop in Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3-Story Property
  • 3 Fireplaces
  • Vinyl Clad Windows
  • Property Views
  • Finished Basement

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Covered Deck
  • Outbuilding

Additional Features

  • Additional Residence on Property
  • Barn
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,164

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Ranch, Split
  • Sq Ft Calculated: 2058
  • Sq Ft Approximate Total: 4994
  • Stories: 3
  • Year Built: 1977
  • Property Condition: Resale
  • Remarks Public: Many income possibilities in the heart of equestrian & wine country! Rental income, horse boarding, farm, airbnb. Main home has 2,994sqft, 3 bed, 3 bath, spacious rooms, cstm built-ins, lots of storage. Beautiful lrg covered deck, perfect for entertaining. Studio building w/dog kennel. Remodeled 2 home w/2,000sqft, 3 bed, 2 bath and new deck. Industrial sized shop 132'x 40', w/18' doors. Barn 60'x 60' w/drive thru access. Fenced pasture. Silos. Approx 20 acres of farm/pasture land. City water.
  • New Construction Supplement: No
  • Additional Structure Other Types: Barn(s), Workshop, Grain Storage, Second Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Bathroom, Built-in Features, Fireplace, Storage, Sink
  • Additional Rooms: Bonus Room, Utility Room
  • All Room Features: Bathroom, Built-in Features, Deck, Eating Area, Fireplace, Formal, Great Room, Pantry, Storage, Sink
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 5.0
  • Fireplace Description: Pellet Stove
  • Fireplaces: 3
  • Interior Amenities: Wall to Wall Carpet, Vinyl Floor
  • Kitchen Appliances: Microwave, Pantry, Free-Standing Range
  • Legal Description: TOWNSHIP 3S RANGE 4W SECTION 03 TAXLOT 00300
  • Sq Ft Lower Level: 936
  • Sq Ft Main Level: 1572
  • Upper Level Sq Ft: 486
  • Bedrooms: 6
  • Master Bedroom: Features: Bathroom,On Level: Upper,Dimensions: 12x13
  • Bedroom 2: On Level: Upper,Dimensions: 10x12
  • Bedroom 3: On Level: Upper,Dimensions: 10x11
  • Full Bathrooms: 5
  • Basement: Finished
  • Dining Room: Features: Built-in Features, Formal,On Level: Main,Dimensions: 10x12
  • Family Room: Features: Great Room,On Level: Main,Dimensions: 16x23
  • Living Room: Features: Deck, Fireplace,On Level: Main,Dimensions: 13x18
  • Kitchen: Features: Eating Area, Pantry,On Level: Main,Dimensions: 10x20
  • Additional Room 1: Description: Bonus Room,Features: Bathroom, Fireplace,On Level: Lower,Dimensions: 22x36
  • Additional Room 2: Description: Bonus Room,Features: Built-in Features,On Level: Lower
  • Additional Room 3: Description: Utility Room,Features: Storage, Sink,On Level: Lower,Dimensions: 8x21
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 5
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Brick, Cedar
  • Exterior Features: Barn(s), Dog Run, Outbuilding, RV Parking, Workshop, Second Residence, Second Garage, Yard, Covered Deck
  • Lot Size: 20-49.99AC
  • Roof Type: Composition
  • View: Territorial
  • Waterfront Description: Creek
  • Waterfront: Yes
  • Foundation Details: Concrete Perimeter
  • Additional Structure Bathrooms Total: 3.00
  • Additional Structure Bedrooms Total: 3
  • Additional Structure Construction Types: Aluminum, Wood Frame, Metal Frame, Wood Siding, Metal Siding
  • Additional Structure Feature Types: Bathroom, Kitchen, RV Parking, Workshop, 220 Volts, Separate Water Meter
  • Additional Structure No Structures: 5
  • Additional Structure Remarks Public: Workshop with 4 18' doors. Barn with 3
  • Additional Structure Roof Types: Composition, Metal
  • R V Description: RV Parking, RV/Boat Storage
  • View: Yes
  • Additional Structure Supplement: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Garage Type: Carport, Detached
  • Parking Description: Off Street, RV Access/Parking

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Standard Septic
  • Water Description: Public
  • Heating Description: Forced Air, Heat Pump

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Yamhill-Carlton
  • Middle School: Yamhill-Carlton
  • High School: Yamhill-Carlton

Lot Info

  • Lot Description: Level, Leased Land
  • Acres: 33.52
  • Zoning: EF-20
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 7623.64
  • Tax Deferral: Yes
  • Assessor Parcel Number: 86506
  • Assessor Parcel Number 2: 367748
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Yamhill-Carlton
  • High School: Yamhill-Carlton
  • Middle School: Yamhill-Carlton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Apr 22, 2021
Sold by
Williams Fred A and Williams Janice K
Bought by
Ready Frank and Ready Shelly
Seller's Agent
Tricia Meeuwsen
MORE Realty
Buyer's Agent
James Dezellem
MORE Realty
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Current Estimated Value
$1,789,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,041
Avg. Annual Appreciation
3.57%
Original Mortgage
$548,250
Outstanding Balance
$501,746
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$1,242,734
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ready Frank $1,500,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ready Frank $305,000
Open Ready Frank $548,250
Previous Owner Williams Fred A $248,000
Previous Owner Williams Fred A $68,929
Previous Owner Williams Fred A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $1,500,000 -6.3% $300 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $1,600,000 0.0% $320 / Sq Ft
01/12/2021 01/12/21 For Sale $1,600,000 0.0% $320 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
08/26/2020 08/26/20 Price Changed $1,600,000 -3.0% $320 / Sq Ft
06/04/2020 06/04/20 For Sale $1,650,000 -- $330 / 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 $8,164 $728,787 -- --
2023 $7,868 $700,553 $0 $0
2022 $7,666 $680,164 $0 $0
2021 $7,486 $660,354 $0 $0
2020 $7,863 $641,127 $0 $0
2019 $7,624 $622,465 $0 $0
2018 $7,145 $604,354 $0 $0
2017 $6,985 $586,756 $0 $0
2016 $6,826 $569,681 $0 $0
2015 $5,853 $553,093 $0 $0
2014 $5,739 $536,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20395834

Regional Multiple Listing Service (RMLS)

APN: 86506