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20055 NW Pihl Rd, Banks, OR, 97106

--beds
1baths
4,000sqft
$725,000
$181price/sqft
$4,746/moest. monthly cost
$189,840/yrincome needed

About This Home

Nestled in the scenic heart of Banks, stands a 2 story 1910 saltbox home, once the bustling hub of the local Manning post office and grocery store. This historic gem, repurposed as the Manning Grange in its later years, offers a unique blend of vintage charm and modern possibilities. Surrounded by lush landscapes and steeped in local lore, it's ideally situated for historic home enthusiasts and outdoor adventurers alike. Imagine the easy access to Salmonberry Trail, as it runs through the property. There is an inviting exploration of LL Stub Stewart State Park, and countless hiking and biking trails weaving through the picturesque countryside. Embrace a piece of Oregon history with this captivating residence, where the past seamlessly meets the present. This is the perfect project for someone who has a vision that aligns with the "Rail to Trail" idea or maybe a historic Railroad Museum. You can breathe fresh life back into a once grand building.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
67
BikeBikeable

Schools

7/10
Banks Elementary SchoolGrades K-54.5 mi
3/10
Banks Middle SchoolGrades 6-84.3 mi
6/10
Banks High SchoolGrades 9-124.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1910

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Flat
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Saltbox
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Partial bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Window features: Vinyl Frames
  • Flooring: Hardwood

Heating & Cooling

  • Heating features: Radiant
  • Cooling features: None

Interior Area

  • Total structure area: 4,000
  • Total interior livable area: 4,000 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Ground Level,Minimal Steps,Parking,Accessibility

Details

  • Parcel number: R807096
  • Zoning: RRAF510

Features

  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Yard

Lot

  • Lot size: 0.58 Acres
  • Features: Cleared,Corner Lot,Level,SqFt 20000 to Acres1

Parking

  • Parking features: Driveway,RV Access/Parking,RV Boat Storage
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Landslide

FEMA Declared Disasters in Washington County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,665$43,980
Home Insurance *$199$2,388
Property Taxes $519$6,228
Electricity $363$4,356
Total$4,746$56,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$162,720/yr
40% on housing$142,380/yr
45% on housing$126,560/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$181This listing

vs Other Active Listings

Avg $/sqft

ZIP 97106$341
Washington County$254

vs Homes Sold Last Month

Median $/sqft

ZIP 97106$227
Washington County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-08-26Listed for sale$579,000
2023-08-17Sold$75,000
2023-08-03Pending sale$100,000

For Sale by Agent

AgentVeta Holscher
BrokerageRE/MAX Equity Group

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