Your Own Slice of Tranquility in the Heart of Banks! Nestled on just over an acre in the highly sought-after Satellite neighborhood, this beautifully maintained home offers the perfect blend of privacy, community, and flexibility. With a possible dual-living setup and a walk-out daylight basement, there's room for multi-generational living, guests, hobbies, or a home office. Step inside and you'll immediately notice the abundance of natural light streaming through large windows and two skylights. The thoughtfully updated interior features a beautifully remodeled primary bathroom, newer appliances that all stay with the home, and comfortable year-round living thanks to a heat pump and A/C system installed just four years ago. Outside, enjoy your fully fenced backyard that extends into the peaceful woods at the rear of the property, a couple of fruit trees and a 220 hookup for a hot tub already in place. Relax under the covered back patio, entertain friends, or simply enjoy the quiet surroundings of this spacious oversized lot. Additional updates include new exterior paint, gutters, and sprinkler systems in both the front and back yards. Residents of the Satellite neighborhood love the welcoming community atmosphere, including an annual Summer BBQ and a beloved Fourth of July parade for the kids. Served by a local community well and surrounded by other generously sized properties, this is country-style living with a true sense of neighborhood, with no HOA. Come see why life is a little sweeter on Tranquility Drive!
Active
Price cut: $25K (9/29)
$700,000
14718 NW Tranquility Dr, Banks, OR 97106
3beds
2,393sqft
Residential, Single Family Residence
Built in 1989
1.07 Acres Lot
$687,500 Zestimate®
$293/sqft
$-- HOA
What's special
- 144 days
- 1,314
- 74
Zillow last checked:
Listing updated:
Listed by:
Nicole Ellis 503-703-0069,
John L. Scott Market Center
Source: RMLS (OR),MLS#: 685621623
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
Rooms
- Room types: Office, Laundry, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bay Window, Ceiling Fan, Ensuite, High Ceilings, Walkin Closet, Wallto Wall Carpet
- Level: Main
- Area: 225
- Dimensions: 15 x 15
Bedroom 2
- Features: Ceiling Fan, Closet, High Ceilings, Wallto Wall Carpet
- Level: Main
- Area: 117
- Dimensions: 9 x 13
Bedroom 3
- Features: Closet, High Ceilings, Wallto Wall Carpet
- Level: Lower
- Area: 156
- Dimensions: 12 x 13
Dining room
- Features: Ceiling Fan, Exterior Entry, Hardwood Floors, Vaulted Ceiling
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Family room
- Features: Exterior Entry, Fireplace, French Doors, High Ceilings, Wallto Wall Carpet
- Level: Lower
- Area: 320
- Dimensions: 16 x 20
Kitchen
- Features: Appliance Garage, Bay Window, Cook Island, Disposal, Eat Bar, Microwave, Pantry, Updated Remodeled, Builtin Oven, Free Standing Refrigerator, Granite, Wood Floors
- Level: Main
- Area: 238
- Width: 14
Living room
- Features: Bay Window, Ceiling Fan, Fireplace, Vaulted Ceiling, Wallto Wall Carpet
- Level: Main
- Area: 320
- Dimensions: 16 x 20
Office
- Features: Closet, High Ceilings, Wallto Wall Carpet
- Level: Lower
- Area: 112
- Dimensions: 14 x 8
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Appliance Garage, Built In Oven, Dishwasher, Disposal, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Electric Water Heater, Tank Water Heater
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Granite, High Ceilings, Vaulted Ceiling(s), Closet, Sink, Cook Island, Eat Bar, Pantry, Updated Remodeled, Walk-In Closet(s)
- Flooring: Tile, Wall to Wall Carpet, Wood, Hardwood
- Doors: French Doors
- Windows: Double Pane Windows, Vinyl Frames, Bay Window(s)
- Basement: Daylight,Exterior Entry,Finished
- Number of fireplaces: 2
- Fireplace features: Propane, Stove
Interior area
- Total structure area: 2,393
- Total interior livable area: 2,393 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street, RV Access/Parking, RV Boat Storage, Attached, Tuck Under
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Main Floor Bedroom Bath, Walkin Shower, Accessibility
Features
- Stories: 2
- Patio & porch: Covered Deck, Covered Patio
- Exterior features: Yard, Exterior Entry
- Fencing: Fenced
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 1.07 Acres
- Features: Gentle Sloping, Terraced, Trees, Wooded, Sprinkler, Acres 1 to 3
Details
- Additional structures: RVParking, RVBoatStorage
- Parcel number: R812785
- Zoning: SFR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Daylight Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Cement Siding, Lap Siding, T111 Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition,Shingle
Condition
- Resale,Updated/Remodeled
- New construction: No
- Year built: 1989
Utilities & green energy
- Gas: Propane
- Sewer: Standard Septic
- Water: Community, Well
- Utilities for property: Cable Connected, Satellite Internet Service
Community & HOA
Community
- Subdivision: Satellite Ii
HOA
- Has HOA: No
Location
- Region: Banks
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $658,620
- Annual tax amount: $5,747
- Date on market: 6/18/2026
- Listing terms: Cash,Conventional,FHA,State GI Loan,VA Loan
- Road surface type: Paved
Estimated market value
$687,500
$653,000 - $722,000
$3,346/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Price change | $700,000-3.4%$293/sqft |
Source:  RMLS (OR) #685621623 Report a problem | ||
| 6/18/2026 | Listed for sale | $725,000+7.4%$303/sqft |
Source: RMLS (OR) #685621623 Report a problem | ||
| 6/11/2021 | Sold | $675,000$282/sqft |
Source: Public Record Report a problem | ||
| 4/28/2021 | Listed for sale | $675,000+68.8%$282/sqft |
Source: Owner Report a problem | ||
| 5/2/2012 | Listing removed | $399,900$167/sqft |
Source: John L Scott Real Estate #11580855 Report a problem | ||
| 9/30/2011 | Listed for sale | $399,900$167/sqft |
Source: John L Scott Real Estate #11580855 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,747 +2.1% | $401,030 +3% |
| 2024 | $5,627 +12.4% | $389,350 +3% |
| 2023 | $5,006 +2.6% | $378,010 +3% |
| 2022 | $4,879 +2.7% | $367,000 |
| 2021 | $4,750 +3.1% | -- |
| 2020 | $4,609 +4.6% | $345,950 +3% |
| 2019 | $4,408 +2.7% | $335,880 |
| 2018 | $4,293 | $335,880 +6.1% |
| 2017 | $4,293 +6.1% | $316,610 +3% |
| 2016 | $4,046 | $307,390 +3% |
| 2015 | $4,046 +4.4% | $298,440 +3% |
| 2014 | $3,876 +4.2% | $289,750 +3% |
| 2013 | $3,718 +2.4% | $281,320 +3% |
| 2012 | $3,630 +5.9% | $273,130 -19.5% |
| 2011 | $3,429 +3.2% | $339,470 -1% |
| 2010 | $3,324 +2.7% | $342,860 -4.9% |
| 2009 | $3,236 +2.4% | $360,700 -7.3% |
| 2008 | $3,158 +7% | $389,160 +4.3% |
| 2007 | $2,953 +7.5% | $373,070 +8.8% |
| 2006 | $2,745 -4.6% | $342,790 +14.8% |
| 2005 | $2,879 | $298,480 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97106
Nearby schools
Schools provided by the listing agent
- Elementary: Banks
- Middle: Banks
- High: Banks
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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