42280 NW Banks Rd
Banks, OR 97106
- 5 beds
- 2 baths
- 2,582 sqft
- ~1 acre lot
- $242 per sqft
- 1915 build
- – on site
This unique property offers just over 1 acre of land with tremendous potential for future development. Whether you're looking to restore the existing home—originally built before 1915 and relocated from historic Wilkesboro around that time—or pursue new construction options, this is a rare opportunity to bring your vision to life. Zoned for flexibility, the land may lend itself to multi-unit development, duplexes, or a creative investment project (buyer to confirm with City of Banks). The property is already connected to public water and sewer and includes an irrigation well, making it even more attractive for a variety of uses. Enjoy an easy commute to Portland, Nike, and Intel, while still having the charm of a small-town setting. Just a very short distance to the Banks-Vernonia Linear Park Trailhead, you'll have quick access to miles of scenic walking, biking, and nature trails—perfect for outdoor enthusiasts.
Last checked:
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Checking…
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Last updated May 2, 2025
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MLS# 490469305 —
The Building
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Year Built:1915
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New Construction:false
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Architectural Style:Stories2, Farmhouse
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Roof:Composition
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Stories:2
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Exterior Description:Cedar
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Exterior Features:Porch, RVParking, Yard
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Window Features:WoodFrames
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Security Features:SecuritySystemLeased
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Accessibility:true
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Accessibility Features:MainFloorBedroomBath
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Building Area Description:Tax Rec
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Building Area Total:2582.0
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Building Area Calculated:1606
Interior
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Interior Features:HighCeilings, VinylFloor, WalltoWallCarpet
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Fireplace:true
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Fireplaces Total:3
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Fireplace Features:PelletStove,Stove,WoodBurning
Room Dimensions
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Main Level Area Total:1000
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Upper Level Area Total:606
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Lower Level Area Total:976
Financial & Terms
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Bank Owned:false
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Land Lease:false
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Short Sale:false
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Home Warranty:false
Location
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Directions:Main St, E on Banks Rd
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Latitude:45.621187
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Longitude:-123.112296
The Property
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Parcel Number:R800431
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Parcel Number 2:R2120312
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Property Type:Residential
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Property Subtype:SingleFamilyResidence
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Property Condition:Approximately
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Lot Size Range:Acres1to3
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Lot Size Acres:1.08
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Lot Size SqFt:47044.0
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Zoning:MDR
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View:false
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Property Attached:false
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Road Surface Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (503) 679-9406
- Office phone:
- (503) 679-9406
Taxes
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Tax Year:2024
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Tax Legal Description:BANKS, FIRST ADDITION, LOT D, ACRES 1.04, CODE SPLIT
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Tax Annual Amount:3178.69
Beds
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Bedrooms Total:5
Baths
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Total Baths:2
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Full Baths:2
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Total Baths:2.0
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Total Baths Main Level:1.0
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Total Baths Upper Level:1.0
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Full Baths Main Level:1
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Full Baths Upper Level:1
The Listing
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Virtual Tour URL Unbranded:https://www.youtube.com/watch?v=ccicpyszBno
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CentralAir
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Cooling:true
Utilities
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Sewer:PublicSewer
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Hot Water Description:Electricity
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Water Source:PublicWater
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Fuel Description:Electricity
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Internet Service Type:Cable,DSL
Appliances
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Appliances:FreeStandingRange, FreeStandingRefrigerator
Schools
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Elementary School:Banks
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Middle Or Junior School:Banks
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High School:Banks
The Community
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Senior Community:false
Parking
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:1.0
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Parking Total:1.0
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Parking Features:Carport, Driveway
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RV Parking:RVParking
Monthly cost estimate
Asking price
$625,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,346
|
| Taxes | $264 |
| Insurance | $171 |
| Utilities | $245 See report |
| Total | $4,026/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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5/1/25
May 1, 2025
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Price Changed | RMLS | $625,000 | -3.8% |
|
4/18/25
Apr 18, 2025
|
Listed / Active | RMLS | $650,000 |
