$2,890,000
$800K PRICE DROP

1491 Matheny Rd NE Gervais, OR 97026

Estimated payment $16,614/month

Total Views 10,947
3 Beds
1.5 Baths
1,711 Sq Ft
$1,689 Price per Sq Ft

Highlights

  • 211.45 Acre Lot
  • 2 Car Attached Garage
  • 1-Story Property
  • First Floor Utility Room
  • 126 Irrigated Acres

About This Home

Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 1,791 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is a mature producing filbert orchard, about 154+tilled. 126 Acres Water Rights! Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 2,191 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is a mature producing filbert orchard, about 154+ acres of beautifully tilled soil for any crop you can imagine. Hops farms, filberts, and row crops in the area are flourishing! Awesome Chehalem, Newberg, and McBee soils deposited by the Missoula Floods make this one of the most productive agricultural areas in the world. Water Rights, you ask? YES- 2 wells known to produce 600 & 700 GPM (buyer to verify) have historical water rights, and other surface rights have been granted as well. This is a real big-time farm property! Agrotourism and Agritainment options abound as well, and the Wheatland Ferry and Willamette Mission State Park are just a couple of parcels away. To top this all off, the incomparable Willamette River fronts the farm with a unique peninsula and inland waterway that offers fishing, camping, boating, and unlimited private recreation. There is too much to list here- so please call the Broker for a marketing packet on this one-of-a-kind offering! All offers are subject to the approval of the Trustee and the financial qualifications of the buyer. 1/2 of all minerals rights will be reatined by the seller. Any early offers will be reviewed on January 15th, 2024- The property will be marketed for a minimum of 2 weeks.

Listing Agent

Dirk Knudsen

MORE REALTY License #830800038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,801

Year Built

  • Built in 1945

Lot Details

  • 211.45 Acre Lot
  • Property is zoned EFU

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,711 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Gervais Elementary And Middle School
  • Gervais High School

Additional Features

  • 126 Irrigated Acres
  • Water Rights

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,801

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 1 Story
  • Syndicated Remarks: Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 1,791 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is a mature producing filbert orchard, about 154+tilled. 126 Acres Water Rights! Amazing working farm located ON the Willamette River with 211+ acres of the most beautiful soil ever imagined! This is the first time in decades that this property, part of the historic Joseph Gervais Donation Land Claim, has come for sale! 3 Tax Lots included with a nice 2,191 SF ranch-style farmhouse, multiple outbuildings, and an absolutely classic Red 3-story barn (apx, 75 X 50)! 15 acres is a mature producing filbert orchard, about 154+ acres of beautifully tilled soil for any crop you can imagine. Hops farms, filberts, and row crops in the area are flourishing! Awesome Chehalem, Newberg, and McBee soils deposited by the Missoula Floods make this one of the most productive agricultural areas in the world. Water Rights, you ask? YES- 2 wells known to produce 600 & 700 GPM (buyer to verify) have historical water rights, and other surface rights have been granted as well. This is a real big-time farm property! Agrotourism and Agritainment options abound as well, and the Wheatland Ferry and Willamette Mission State Park are just a couple of parcels away. To top this all off, the incomparable Willamette River fronts the farm with a unique peninsula and inland waterway that offers fishing, camping, boating, and unlimited private recreation. There is too much to list here- so please call the Broker for a marketing packet on this one-of-a-kind offering! All offers are subject to the approval of the Trustee and the financial qualifications of the buyer. 1/2 of all minerals rights will be reatined by the seller. Any early offers will be reviewed on January 15th, 2024- The property will be marketed for a minimum of 2 weeks.
  • Year Built: 1945
  • Home Style2: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 1.5
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Bedroom 2: On Level: 1/Main
  • Bedroom 3: On Level: 1/Main
  • Dining Room: On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Utility Room Level: 1/Main
  • Price Per Sq Ft: 1689.07
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 1689.07

Exterior Features

  • Exterior Color: Grey

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Water Rights: Yes

Schools

  • Elementary School: Gervais
  • Middle School: Gervais
  • High School: Gervais

Lot Info

  • Soil Type: Newberg, Chehalis, Wapato
  • Acres: 211.45
  • Irrigated Acres: 126.4
  • Lot: 3
  • Price Per Acre: 13667.53
  • Zoning: EFU
  • Geo Subdivision: OR

Tax Info

  • Tax Account Number: 515424, 515431

MLS Schools

  • HighSchool: Gervais
  • Middle School: Gervais
  • Elementary School: Gervais

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,801 $448,122 -- --
2023 $4,726 $426,088 $0 $0
2022 $4,473 $413,806 $0 $0
2021 $4,350 $401,870 $0 $0
2020 $4,227 $390,290 $0 $0
2019 $3,557 $323,740 $0 $0
2018 $3,398 $0 $0 $0
2017 $3,232 $0 $0 $0
2016 $3,031 $0 $0 $0
2015 $2,807 $0 $0 $0
2014 $2,671 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Price Changed $2,890,000 -8.2% $1,689 / Sq Ft
02/25/2025 02/25/25 For Sale $3,149,000 0.0% $1,840 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $3,149,000 -4.3% $1,840 / Sq Ft
04/18/2024 04/18/24 Price Changed $3,290,000 -5.7% $1,923 / Sq Ft
01/25/2024 01/25/24 Price Changed $3,490,000 -5.4% $2,040 / Sq Ft
01/02/2024 01/02/24 For Sale $3,690,000 -- $2,157 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 812204

Willamette Valley MLS

APN: 515424