Step into the life you've always dreamed of in this charming 1940s farmhouse fixer, set on 1.97 acres just minutes from lively downtown McMinnville, excellent schools, and charming local shops. This captivating home features a distinctive layout that seamlessly combines convenience and comfort. The main level is filled with natural light, creating a warm and inviting atmosphere. Enjoy spacious living with a cozy bedroom on the main floor and additional bedrooms upstairs, plus a large walk-in closet for ample storage. The property is enhanced by two large barns and a shed with concrete flooring, providing ample space for hobbies, gardening, and storage needs. Don’t miss this incredible opportunity—seize the potential of this unique property and transform it into your dream home! Your ideal lifestyle is not just a dream; it's within your reach!
For sale
Listed by: Keller Williams Realty Portland Premiere • ANNA MARTUSHEV • Contact: CELL: 503-317-9022
Price cut: $45K (9/1)
$450,000
3950 Highway 47, McMinnville, OR 97128
4beds
1,817sqft
Single Family Residence
Built in 1940
1.97 Acres Lot
$442,900 Zestimate®
$248/sqft
$-- HOA
What's special
Spacious livingWarm and inviting atmosphereTwo large barnsAdditional bedrooms upstairs
- 135 days
- 1,910
- 129
Zillow last checked:
Listing updated:
Listed by:
ANNA MARTUSHEV CELL:503-317-9022,
Keller Williams Realty Portland Premiere
Source: WVMLS,MLS#: 840311
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Area (Combination)
Heating
- Wood, Stove, Wall Furnace
Features
- Breakfast Room/Nook, High Speed Internet
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning, Stove
Interior area
- Total structure area: 1,817
- Total interior livable area: 1,817 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.97 Acres
Details
- Additional structures: Barn(s), Workshop, Shed(s)
- Parcel number: R440300600
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Mcminnville
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $638,144
- Annual tax amount: $3,467
- Price range: $450K - $450K
- Date on market: 4/28/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA,Conventional,USDA Loan
Estimated market value
$442,900
$421,000 - $465,000
$2,468/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $450,000-9.1%$248/sqft |
Source: | ||
| 8/22/2026 | Pending sale | $495,000$272/sqft |
Source: | ||
| 7/31/2026 | Price change | $495,000-5.7%$272/sqft |
Source: | ||
| 6/27/2026 | Price change | $525,000-11.8%$289/sqft |
Source: | ||
| 5/11/2026 | Price change | $595,000-4%$327/sqft |
Source: | ||
| 4/25/2026 | Price change | $620,000-2.5%$341/sqft |
Source: | ||
| 2/6/2026 | Price change | $636,000-2%$350/sqft |
Source: | ||
| 1/16/2026 | Price change | $649,000-7.2%$357/sqft |
Source: | ||
| 11/10/2025 | Price change | $699,000-6.7%$385/sqft |
Source: | ||
| 10/3/2025 | Listed for sale | $749,000+545.7%$412/sqft |
Source: | ||
| 11/1/1990 | Sold | $116,000$64/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,467 +2.6% | $277,917 +3% |
| 2024 | $3,378 +3.2% | $269,822 +3% |
| 2023 | $3,273 +11.5% | $261,963 +3% |
| 2022 | $2,935 +2.5% | $254,333 +3% |
| 2021 | $2,864 +2.8% | $246,925 +3% |
| 2020 | $2,785 +2.9% | $239,733 +3% |
| 2019 | $2,707 +3% | $232,750 +3% |
| 2018 | $2,628 | $225,971 +3% |
| 2017 | $2,628 +4.7% | $219,389 +3% |
| 2016 | $2,510 | $212,999 +3% |
| 2015 | $2,510 +3.6% | $206,798 +0.8% |
| 2014 | $2,422 +3.7% | $205,232 +3% |
| 2013 | $2,336 +0.2% | $199,256 +3% |
| 2012 | $2,331 -7.6% | $193,454 -7.7% |
| 2011 | $2,521 -4.5% | $209,539 -5.7% |
| 2010 | $2,640 +1.5% | $222,106 +2.6% |
| 2009 | $2,601 +12.9% | $216,577 +10.8% |
| 2008 | $2,304 +11.7% | $195,393 +12.5% |
| 2007 | $2,062 +1.2% | $173,712 -9.2% |
| 2006 | $2,037 -25.3% | $191,292 -19.2% |
| 2005 | $2,728 +6.1% | $236,602 +2% |
| 2004 | $2,573 +1.1% | $232,010 +12.8% |
| 2003 | $2,544 -6.1% | $205,629 -9.2% |
| 2002 | $2,708 +4.8% | $226,361 +3% |
| 2001 | $2,582 -1% | $219,777 +3% |
| 2000 | $2,609 | $213,379 |
Find assessor info on the county website
Monthly payment
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