Beautiful 1920 farm house on 4.23 acres, move in ready, large covered front porch, kitchen w/newer cabinets, hardwood floor, freshly painted inside and out, new roof, new carpet, updated window, master w/full bath, utility room, 24x24 detached shop w/16x24 horse stall attached, yard, trees. Seller to do a 1031 exchange at no cost to Buyers.
Single-familyProperty Type
1920Year Built
4.23 acresLot Size
$470Est. Price/Sq.Ft.
2 car garageParking
Listed by DeAnn Willison• Century 21 Cascade
Bought with Gina Hosford• Better Homes & Gardens Realty
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Earn from this home
Sell
$377,924
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$2,704/mo
Redfin rental estimate
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Market trends in 97042, OR
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
99.3%
+1.3% MoM
Median sale price
$1.1M
$81K MoM
Avg. days on market
69d
0 days MoM
Recently sold homes
8
2 MoM
Provided by Redfin
Sale history for 15398 S Wave Rd
Date
Event
Price
RMLS #17079630
Nov 3, 2017
Sold
$430,000
$288/sq ft
Sep 30, 2017
Pending
—
Sep 16, 2017
Contingent
—
Sep 7, 2017
Price Changed
$430,000
$288/sq ft
Aug 25, 2017
Price Changed
$440,000
$295/sq ft
Aug 7, 2017
Price Changed
$450,000
$301/sq ft
Jul 29, 2017
Listed
$465,000
$311/sq ft
RMLS #16693570
Jun 28, 2016
Sold
$230,000
$154/sq ft
Jun 1, 2016
Pending
—
May 20, 2016
Listed
$176,800
$118/sq ft
Park at gate entrance but don't block shared driveway. Agents use house lockbox not gate lockbox. Needs TLC and sold as-is, seller to do no repairs. Employees of Bank of America or its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by Bank of America.
Public Records
Apr 30, 1996
Sold
$162,000
$109/sq ft
Public Records
Aug 25, 1993
Sold
$84,950
$57/sq ft
Public Records
Nov 8, 1991
Sold
$30,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,795 (+3.3%)
2024
$3,673 (+16.3%)
2023
$3,159 (+3.0%)
2022
$3,067 (+4.8%)
2021
$2,927 (+2.8%)
2020
$2,847 (+3.0%)
2019
$2,764 (+2.8%)
2018
$2,688 (+21.0%)
2017
$2,221
Tax history for 15398 S Wave Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,795 (+3.3%)
2024
$3,673 (+16.3%)
2023
$3,159 (+3.0%)
2022
$3,067 (+4.8%)
2021
$2,927 (+2.8%)
2020
$2,847 (+3.0%)
2019
$2,764 (+2.8%)
2018
$2,688 (+21.0%)
2017
$2,221
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
4.23 Acres
Year renovated
—
Sq. Ft.
1,493
Year built
1920
Style
Single Family Residential
County
Clackamas County
APN
01029425
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
TBR
Timber District
Timber District (TBR) is adopted to implement the policies of the Comprehensive Plan for Forest and Agriculture areas.
Permitted uses
Include but are not limited to:
Agriculture
Processing
Recreation
Jan 10, 2018 • Final
Building - mechanical residential
HVAC
Nov 27, 2017 • Final
Building - mechanical residential
Heat pump
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.