tomo logo

$1,295,000

Beds
4
Baths
3.5
sq ft
Unknown

14380 NW Eberly Rd, Banks, OR 97106

14380 NW Eberly Rd

Banks, OR 97106

  • 28 days on market
    • Open house Apr 05
Tucked against a private lake, this five-acre retreat is more than meets the eye. Last time it was on the market, much of the land was hidden in plain sight—steep at first glance, but step past the tree line, and you’ll quickly realize just how usable, walkable, and full of possibility it truly is.Newly built trails wind through the woods, inviting you to explore. A cleared site is ready for whatever inspires you—a workshop, yoga studio, guest retreat, or additional outdoor space. And if you’re a member of the waterski club($500/yr), lake access is just steps away.Inside, the home is move-in ready, featuring a brand-new 50-year roof, fresh carpet and padding, and upgraded appliances.At $232 per square foot, this home is priced significantly below the area’s $336 per square foot average for similar acreage. That means you could invest up to $579,000 in upgrades, expansions, or personal touches—whether it’s a dream shop, high-end finishes, or landscape enhancements—and still be right in line with area pricing.But to really understand this property, you have to experience it.Take your time here. Walk the trails. Stand beneath the trees. Picture your mornings by the lake.This is an opportunity to find a home that feels right and offers room to grow. Will you take the time to explore it?

Details

Property type

Single Family Residence

Est. home value

$1,249,886

Lot size

5.0 acres

Price per sq ft

Unknown

Year built

1996

Annual property taxes

$8,836.4

HOA

No

Price History

04/02/2025
PortlandOR

PortlandOR #117500249

Removed
$1,295,000
04/01/2025
PortlandOR

PortlandOR #117500249

Listed
$1,295,000
03/06/2025
PortlandOR

PortlandOR #117500249

Listed
$1,295,000
+18.81%

Schools & Community

Elementary school: 

Banks

Middle school: 

Banks

High school: 

Banks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Broker Solutions Inc

Loan start date

August 2020

Original loan amount

$373,000

Est. remaining balance

$335,478

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Elizabeth Schaedler

Lender

First Horizon Home Loan Corp

Loan start date

December 2006

Original loan amount

$50,001

Est. remaining balance

Not provided

Interest rate

6.04%

Loan type

Stand Alone Second, 16 year

Seller

Elizabeth Schaedler and Karl Schaedler

Lender

Union Planters Bank Na

Loan start date

November 2000

Original loan amount

$440,000

Est. remaining balance

$174,122

Interest rate

7.84%

Loan type

Not Provided, 30 year

Seller

Karl Schaedler and Elizabeth Schaedler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 5:00 AM

Listing updated: 04/02/2025 at 2:07 PM

Listed by: Jordan Miller, John L. Scott Market Center Phone #: (503) 359-9100

MLS: PortlandOR #117500249

PortlandOR logo

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