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$649,000 -$50,000 (-7.15%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1,817 Sq. Ft.
  • Updated 1 day ago
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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!

Full Property Details for 3950 Hwy 47

General

  • Price: $649,000
  • Taxes: $3,377 (2024)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 714737642
  • Updated: 1/16/2026
  • Added to Site: 107 day(s) ago

Interior

  • Appliances: Free-Standing Range, Free-Standing Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: 8 x 15, Main, 120 Sq. Ft.
  • Bedroom 2: 8 x 15, Upper, 120 Sq. Ft.
  • Bedroom 3: 8 x 15, Upper, 120 Sq. Ft.
  • Bedroom 4: 11 x 13, Upper, 143 Sq. Ft.

Other Rooms

  • Living Room: 24 x 15, Main, 360 Sq. Ft.
  • Kitchen: 17 x 9, Main, 153 Sq. Ft.
  • Dining Room: 13 x 8, Main, 104 Sq. Ft.

Exterior

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

Parking

  • Parking Features: Driveway

Location

  • County: Yamhill
  • Driving Directions: W on 99W, turn right (North) on Oregon 47 and property driveway will be to the right.

School Information

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

Community

  • Community Name: 156 - Yamhill County including Willamina

Heating & Cooling

  • Heating Type: Wall Heater, Wood Stove
  • Heating Fuel: Electricity

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Property Detached: Yes
  • Architectural Style: 2 Story, Farmhouse
  • Roof: Shingle
  • Windows: Vinyl Frames
  • Stories/Levels: 2
  • Square Feet: 1,817
  • Year Built: 1940
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 1.97
  • Lot Size (Sq. Ft.): 85,813
  • Lot Size: 1 to 2.99 Acres
  • Frontage: Gravel
  • Lot Features: Brush, Level, Trees

Financial Considerations

  • Tax Amount: $3,377.69
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, USDA Loan

Disclosures and Reports

  • Legal Description: TOWNSHIP 4S RANGE 4W SECTION 03 TAXLOT 00600
  • Disclosures/Reports: Disclosure
  • Property ID: 123743

Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Anna Martushev (503) 317-9022

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Listing agent

— 3950 Hwy 47 —

  • Anna Martushev

    Keller Williams Realty Portland Premiere

    503-597-2444

503-317-9022

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3950 Hwy 47

School District:McMinnville School District 40
NameGradesDistance
Wascher Elementary School
986 7th Street, Lafayette, OR 97127
K-52.7 mi
Patton Middle School
1175 Northeast 19th Street, McMinnville, OR 97128
6-81.9 mi
Mcminnville High School
615 Northeast 15th Street, McMinnville, OR 97128
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3950 Hwy 47 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Price Reduced
$649,000
-7.15%
MLS
11/10/2025
Price Reduced
$699,000
-6.68%
MLS
10/03/2025
Listed
$749,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3950 Hwy 47

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,467
3%
$277,917
3%
2024
$3,378
3%
$269,822
3%
2023
$3,273
14%
$261,963
6%
2021
$2,864
-2%
$246,925
-3%
2022
$2,935
2%
$254,333
6%
2021
$2,864
6%
$239,733
3%
2019
$2,707
3%
$232,750
3%
2018
$2,628
3%
$225,971
3%
2017
$2,555
2%
$219,389
3%
2016
$2,510
4%
$212,999
3%
2015
$2,422
—
$206,798
1%
2014
$2,422
4%
$205,232
3%
2013
$2,336
—
$199,256
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Realty Portland Premiere (503) 597-2444, Anna Martushev (503) 317-9022

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3950 Highway 47, McMinnville, OR 97128 (MLS# 714737642) is a Single Family property with 4 bedrooms and 1 full bathroom. 3950 Highway 47 is currently listed for $649,000 and was received on October 03, 2025. Want to learn more about 3950 Highway 47? Do you have questions about finding other Single Family real estate for sale in McMinnville? You can browse all McMinnville real estate or contact a Coldwell Banker agent to request more information.

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