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Off market
  • $214,500

    401 E 4th St, Wallowa, OR 97885

    2beds
    736sqft
    SingleFamily
    Built in 1940
    0.99 Acres Lot
    $214,500 Zestimate®
    $291/sqft
    $950 Estimated rent

    Home value

    $214,500

    $195,000 - $234,000

    $950/mo

    Zestimate® history
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    What's special

    HISTORIC UNION PACIFIC RAILROAD PROPERTY. Realtors keep telling me there is nothing like this in town, and maybe even in the county. I call it "the jewel of Wallowa". One acre of very private, secluded land, but only two blocks from the post office and bank. 220' of creek run through it. You will also have exclusive access and use of .2 acre of railroad property, and another .7 acre that has 250' of riverfront on the Wallowa River (click on aerial photo for full view). You buy 1 acre, but get use of 1.9 acres! The buildings include the original Union Pacific foreman's house, bunkhouse (416 sq. ft.) for track workers, equipment shed (192 sq. ft.) and garage (192 sq. ft.) The buildings are solid structurally, but require renovation. (I've lived comfortably in the main house for a year while transforming the grounds.) The foundation for a 640 sq. ft. addition is in place. City water and sewer. Fenced in area for a horse, with riding trails across the river. THIS PROPERTY IS ZONED RESIDENTIAL/COMMERCIAL. I think it's a better commercial property than residential, with fantastic potential for cabins, outdoor restaurant or both, due to its proximity to the railroad tracks and river. Trains no longer run on the tracks, so it's always quiet. Due to the renovations needed, bank financing is probably not possible. This is a cash purchase. Will consider partial owner financing. ATTENTION REALTORS (AND OTHERS): IF YOU BRING ME A BUYER, I WILL PAY YOU 3%. Call or text Steven Phillips @ (407) 340-3975 Email: walkingthewall@gmail.com

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Radiant, Stove, Oil, Propane / Butane, Wood / Pellet
    Cooling
    • None
    Appliances
    • Included: Dryer, Refrigerator, Washer
    Features
    • Flooring: Hardwood, Laminate, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 736 sqft

    Property

    Parking
    • Parking features: Garage - Detached, Off-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water, City, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.99 Acres
    Details
    • Parcel number: 01N4214AA390

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1940

    Community & neighborhood

    Location
    • Region: Wallowa

    Price history

    DateEventPrice
    11/17/2022Sold$165,000-8.3%$224/sqft
    Source: RMLS (OR) #22059482 Report a problem
    10/18/2022Pending sale$180,000$245/sqft
    Source: RMLS (OR) #22059482 Report a problem
    9/24/2022Price change$180,000-14.3%$245/sqft
    Source: RMLS (OR) #22059482 Report a problem
    9/1/2022Listed for sale$210,000-36.4%$285/sqft
    Source: RMLS (OR) #22059482 Report a problem
    1/15/2021Listing removed--
    Source: Owner Report a problem
    10/12/2020Listed for sale$330,000+715.5%$448/sqft
    Source: Owner Report a problem
    2/5/2009Sold$40,467$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$688 +3.2%$44,999 +3%
    2023$667 +3.1%$43,689 +3%
    2022$647 +3.7%$42,417 +3%
    2021$624 +11.7%$41,182 +3%
    2020$558 +2.8%$39,983 +3%
    2019$543 +2.8%$38,819 +3%
    2018$528 +2.8%$37,689 +3%
    2017$513 +0.7%$36,592 +0.8%
    2016$510 +2.8%$36,297 +3%
    2015$496 +2.8%$35,240 +3%
    2014$482 +2.9%$34,214 +3%
    2013$469 +2.9%$33,218 +3%
    2012$455 +5%$32,251 +6.1%
    2010$434 +2.6%$30,400 +3%
    2009$423 $29,515

    Find assessor info on the county website

    Neighborhood: 97885

    Nearby schools

    GreatSchools rating
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