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$620,000 Just Listed
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Property Description
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, plus a large walk-in closet for ample 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
Full Property Details for 3950 Hwy 47
General
- Price: $620,000
- Taxes: $337,769
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 840311
- Updated: 4/29/2026
- Added to Site: 1 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Parking
- Garage Description: None
Location
- County: OUTSIDE 4 COUNTY AREA
- Driving Directions: W on 99W, turn right (North) on Oregon 47, and the property driveway will be to the right.
Heating & Cooling
- Heating/Cooling: Wood, Stove, Wall Furnace
Structural Information
- Roof: Shingle
- Square Feet: 1,817
- Year Built: 1940
Lot Features
- Lot Size (Acres): 1.97
- Lot Description: .
Financial Considerations
- Price Per Sq. Ft.: $341.22
- Price Per Acre: $314,720.81
- Assessment Year: 1940
- Tax Amount: $337,769
Disclosures and Reports
- Lot Number: .
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Schools
Schools serving 3950 Hwy 47
School District:McMinnville School District 40
| Name | Grades | Distance |
|---|---|---|
Wascher Elementary School 986 7th Street, Lafayette, OR 97127 | K-5 | 2.7 mi |
Patton Middle School 1175 Northeast 19th Street, McMinnville, OR 97128 | 6-8 | 1.9 mi |
Mcminnville High School 615 Northeast 15th Street, McMinnville, OR 97128 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3950 Hwy 47
Date
Details
Price
Change
Source
4/28/2026
Listed
$620,000
—
MLS
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
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
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3950 Hwy 47
3950 Highway 47, McMinnville, OR 97128 (MLS# 840311) is a Single Family property with 4 bedrooms and 1 full bathroom. 3950 Highway 47 is currently listed for $620,000 and was received on April 28, 2026. 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.

