NOT LISTED FOR SALE

7995 SW Houston Lake Rd Powell Butte, OR 97753

Estimated Value: $1,075,000 - $2,439,871

3 Beds
2 Baths
3,524 Sq Ft
$499/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $2,375,000 $674 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $9,500/month

19 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Horse Property
  • Home fronts a pond
  • Barn
  • Corral
  • RV Access or Parking

About This Home

As of March 2022

This 257± acre ranch, located in the highly desired Powell Butte, has so much to offer! An excellent cattle and hay ranch with two homes, a private lake with great bass fishing and142± acres of COI irrigation under 3 pivots, 3 wheel lines and only a few handlines. The large shop
is well insulated and includes an office and plenty of room for your equipment and toys. With two large hay barns, a nice three stall horse barn, cattle working corrals and a covered hydraulic squeeze chute. This working ranch has everything you need! Relax at the end of the day lakeside, taking in the breathtaking views of the Cascade Mountains.

Last Agent to Sell the Property

Jerry Hicks

Fay Ranches, Inc. License #200001101 Listed on: 12/07/2021

Co-Listed By

Hunter Hicks

Fay Ranches, Inc. License #201220468

Last Buyer's Agent

Jesica Hicks

Hicks Team - Fay Ranches LLC License #201219131

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,402

Year Built

  • Built in 1976

Lot Details

  • 257.1 Acre Lot
  • Home fronts a pond
  • Property is zoned Efu3; Exclusive, Efu3; Exclusive

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Ridge
  • Mountain

Home Design

  • Ranch Style House
  • Ranch Property
  • Farm
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,524 Sq Ft Home
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property
  • Separate Outdoor Workshop

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • 1,716 SF Accessory Dwelling Unit

Schools

  • Powell Butte Elementary School
  • Crook County Middle School
  • Crook County High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Irrigation Water Rights
  • Well
  • Septic Tank
  • Leach Field

Additional Features

  • Barn
  • Corral

Listing and Financial Details

  • Assessor Parcel Number 12895
  • Tax Block 3

Property Details

Property Type

Other

Est. Annual Taxes

$6,402

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 257.1
  • Prop. Type: Farm
  • New Construction: No
  • Property Sub Type: Agricultural
  • Subdivision Name: N/A
  • Year Built: 1976
  • Co List Office Mls Id: ocFAY
  • Co List Office Phone: 800-238-8616
  • Co List Office Phone: 800-238-8616
  • MLS Status: Closed
  • General Property Information Elementary School: Powell Butte Elementary
  • General Property Information Middle Or Junior School: Crook County Middle
  • General Property Information High School: Crook County High
  • General Property Information:Zoning2: Efu3; Exclusive
  • General Property Information Horse Property YN: Yes
  • General Property Information Audio Surveillance on Premises YN: No
  • View Cascade Mountains: Yes
  • General Property Information Accessory Dwelling Unit YN: Yes
  • General Property Information ADU SqFt: 1716.0
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 3
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Rooms:Laundry: Yes
  • Other Structures:Workshop: Yes
  • Sewer Standard Leach Field: Yes
  • Water Source:Well: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Corral(s): Yes
  • View Ridge: Yes
  • Other Structures:Guest House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Range Hood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Window Features: Double Pane Windows, Vinyl Frames
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes
  • Other Rooms:Family Room2: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Other Structures: Barn(s), Corral(s), Guest House, Workshop
  • Roof: Composition
  • View: Cascade Mountains, Lake, Ridge
  • Waterfront Features: Pond
  • Horse: Yes
  • Waterfront: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • View:Lake: Yes
  • Window Features:Double Pane Windows: Yes
  • Waterfront Features:Pond3: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, RV Access/Parking, Workshop in Garage
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Workshop in Garage: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard
  • Sewer: Septic Tank, Standard Leach Field
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • Heating:Baseboard: Yes

Schools

  • Elementary School: Powell Butte Elementary
  • High School: Crook County High
  • Middle Or Junior School: Crook County Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11199276.0
  • Parcel #: 12895
  • Irrigation Water Rights: Yes
  • Crops Included: No
  • Current Use: Agricultural, Grazing, Pasture, Ranch
  • ResoLotSizeUnits: Acres
  • Zoning Description: Efu3; Exclusive
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6402.08
  • Tax Block: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Mar 24, 2022
Sold by
Leif Gilbertson Alonzo
Bought by
Steak On The Hoof Llc
Seller's Agent
Jerry Hicks
Fay Ranches, Inc.
Buyer's Agent
Jesica Hicks
Hicks Team - Fay Ranches LLC
List Price
$2,400,000
Sold Price
$2,375,000
Premium/Discount to List
-$25,000
-1.04%
Current Estimated Value
$1,646,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$728,941
Avg. Annual Appreciation
-8.96%
Original Mortgage
$1,662,500
Outstanding Balance
$1,263,624
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$463,954

Purchase Details

Closed on
Apr 15, 2005
Sold by
Mcnabb Judith M
Bought by
Gilbertson Alonzo Leif and Gilbertson Dawn E
Source: Public Records

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
Steak On The Hoof Llc $2,375,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steak On The Hoof Llc $1,662,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $2,375,000 -1.0% $674 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $2,400,000 -- $681 / Sq Ft
Source: Oregon Datashare

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 $6,373 $521,835 -- --
2023 $6,157 $506,881 $0 $0
2022 $6,399 $527,960 $0 $0
2021 $6,402 $512,860 $0 $0
2020 $6,228 $498,202 $0 $0
2019 $5,951 $458,887 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jerry Hicks

    Fay Ranches, Inc.

  • H

    Seller Co-Listing Agent in 2022

    Hunter Hicks

    Fay Ranches, Inc.

    Section Image

  • J

    Buyer's Agent in 2022

    Jesica Hicks

    Hicks Team - Fay Ranches LLC

    (949) 280-6762

    48 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220136365

Oregon Datashare

APN: 012895

Oregon Crook County Powell Butte 97753

7995 SW Houston Lake Rd, Powell Butte, OR

This home is located at 7995 SW Houston Lake Rd, Powell Butte, OR 97753 since 07 December 2021 and is currently estimated at $1,757,436, approximately $498 per square foot. This property was built in 1976. 7995 SW Houston Lake Rd is a home located in Crook County with nearby schools including Crooked River Elementary School, Crook County Middle School, and Crook County High School.

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