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12094 Paradise Alley Rd, Silverton, OR 97381 — photograph 1

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12094 Paradise Alley Rd, Silverton, OR 97381 — photograph 1
4.85 Acres

12094 Paradise Alley Rd, Silverton

$499,000

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PendingMLS®: 423855149Listing held by another brokerage, marked RMLS
Lot size
4.85 acres
Property type
Land
Days on market
19

Overview

Step into opportunity with this heavy fixer located mere minutes from Silverton on just shy of 5 acres in EFU (Exclusive Farm Use) zoning with an existing house footprint in place. Nearby neighboring uses (from orchards to raising and boarding horses to estates overlooking the creek) showcase the options available. While there is a small chicken coop, the largest outbuilding is a dual entry, drive through barn, ideal for equipment and horse trailer unloading. Gated access to the grounds from off of Paradise Alley allows for future restoration of the property to its days of past glory (take inspiration from the well-maintained neighboring properties). Brush Creek runs through the lower portion of the acreage giving a bucolic feel to the grounds once the brush and brambles are cleared (ask about bids available). Whether you restore or tear down and replace the house, from equestrian use to hobby farming to a true farm operation, the future of this rare, close to town parcel is bright.

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
4.85 acres
Lot features
Orchard, Public Road, Stream, Trees, Wooded
View
Yes
View description
Creek / Stream, Territorial, Trees / Woods

Schools

High school
Silverton
Middle school
Silverton
Elementary school
Evergreen

Location

City
Silverton
County
Marion
Zoning
EFU

Taxes and dues

Annual taxes
$2,649

Location

12094 Paradise Alley Rd, Silverton, OR 97381

Map showing the location of 12094 Paradise Alley Rd, Silverton, OR 97381
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,877 /mo

20% · $99,800
7.00%
Principal and interest
$2,656
Property tax
$221
Total
$2,877

Estimate only, and not an offer of credit. Assumes 20% down ($99,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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