3950 HIGHWAY 47, McMinnville, OR 97128 | MLS #714737642 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Keller Williams Realty Portland Premiere- MLS# 714737642MLS ProviderContact Information: 503-317-9022

3950 HIGHWAY 47McMinnville, OR 97128

Single Family · 4 Beds · 1 Full Bath · 1,817 Sq. ft. | 1.97 Acres
$525,000 Active

3950 HIGHWAY 47 Overview

Time on Site:
269 days
Visits:
8

Step into the life you've always dreamed of with this charming 1940s farmhouse fixer, situated on 1.97 acres just minutes from the 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, along with a large walk-in closet for plenty of 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!

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3950 HIGHWAY 47 Facts & Features

  • Type Single Family
  • Sq. ft. 1,817
  • Price/Sq.ft. $289
  • Lot 1.97 Acres

Details

General

School Information

  • Elementary School: Wascher
  • Middle Or Junior School: Patton
  • High School: McMinnville

Building Information

  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Yamhill
  • MLS Area Major: 156 - Yamhill County including Willamina

Tax Information

  • Tax Annual Amount: 3377.69
  • Tax Year: 2024

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,USDA Loan
  • Parcel Number: 123743
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: EF-80

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1817.0

General Information

  • Appliances: Free-Standing Range,Free-Standing Refrigerator
  • Heating: Wall Heater,Wood Stove
  • Stories: 2
  • Window Features: Vinyl Frames

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 0

Lot Information

  • Lot Features: Brush,Level,Trees
  • Lot Size Acres: 1.97
  • Lot Size Square Feet: 85813.0
  • Road Surface Type: Gravel
  • Water Source: Well

Building Exterior/Construction

  • Architectural Style: 2 Story,Farmhouse
  • Roof: Shingle

General Information

  • Exterior Features: Barn(s),RV Parking,RV/Boat Storage,Workshop
  • Sewer: Septic Tank

3950 HIGHWAY 47 Neighborhood

Community

97128 (McMinnville) Demographics

40
Median Age
358
Population Density (per sq. mile)
37%
College Educated
$54,983
Estimated Median Income
9,374
Estimated Total Home Owners
5,015
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3950 HIGHWAY 47 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3950 HIGHWAY 47 Market Data

Based on the last 30 days in this zip code

$612,966
Average List Price
$297
Average Price per Square Foot
50
Properties Sold
94
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

3950 HIGHWAY 47 History

Date Event Value Agent
6/27/2026Source: Regional MLS Price Reduction
$525,000 -11.8%
6/27/2026Source: Willamette Valley MLS Price Reduction
$525,000 -11.8%
5/11/2026Source: Willamette Valley MLS Price Reduction
$595,000 -4.0%
5/11/2026Source: Regional MLS Price Reduction
$595,000 -4.0%
4/28/2026Source: Willamette Valley MLS Added to Database
April 28, 2026
4/25/2026Source: Regional MLS Price Reduction
$620,000 -2.5%
2/6/2026Source: Regional MLS Price Reduction
$636,000 -2.0%
1/16/2026Source: Regional MLS Price Reduction
$649,000 -7.2%
11/10/2025Source: Regional MLS Price Reduction
$699,000 -6.7%
10/3/2025Source: Regional MLS Added to Database
October 03, 2025