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48974 SE Fairview St, Mill City, OR, 97360

3beds
1baths
2,026sqft
$499,000
$246price/sqft
$3,665/moest. monthly cost
$146,600/yrincome needed

About This Home

Mini Farm nestled in the Santiam Canyon on 3 acres featuring a 2,026 SqFt home featuring 3 bedrooms, 1 bathroom, large living room, laundry room, mudroom, covered deck. Walking distance to river & close to the mountains. Ideal for FHA/Rehab, Investors, Hobby Farm or anyone looking to escape the hustle & bustle of big city life. Parcel can be divided, buyer to do their due diligence.Closing to be August 1, 2026 24 hour notice required for showing. Do not disturb tenant. Rare opportunity in Mill City—three acres in the beautiful Santiam Canyon. Properties like this are hard to find. Outdoors, enjoy everything needed for hobby farming or relaxed rural living: a large pole barn, garden shed, pavilion, fruit trees, and fenced pasture ideal for small livestock, gardening, or equipment storage. Seller to do no repairs.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

7/10

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Continuous
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Range Included,Electric Water Heater
  • Laundry features: Main Level

Bedroom2

  • Level: Main
  • Area: 88

Bedroom3

  • Level: Main
  • Area: 168

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Area (Combination)
  • Level: Main
  • Area: 208

Features

  • Den,Mudroom,Office,Rec Room
  • Flooring: Carpet,Laminate
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating

  • Heating features: Natural Gas,Wood,Forced Air

Interior Area

  • Total structure area: 2,026
  • Total interior livable area: 2,026 sqft

Kitchen

  • Level: Main
  • Area: 182

Living Room

  • Level: Main
  • Area: 437

Master Bedroom

  • Level: Main
  • Area: 210

Property

Details

  • Parcel number: 00765961
  • Zoning: R-1

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered Patio,Covered Deck
  • Fencing: Fenced
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 3 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Volcanic Activity
    Volcanic ActivityModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Strong Wind
Cold Wave
Heat Wave
Lightning
Volcanic Activity
Winter Weather

FEMA Declared Disasters in Linn County and Oregon

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 $2,523$30,276
Home Insurance *$167$2,004
Property Taxes $792$9,504
Electricity $183$2,206
Total$3,665$43,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$125,657/yr
40% on housing$109,950/yr
45% on housing$97,733/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: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 97360$209
Linn County$239

vs Homes Sold Last Month

Median $/sqft

ZIP 97360$294
Linn County$285

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
2026-04-28Listed for sale$599,000

For Sale by Agent

AgentDARLENE SPRECHER
BrokeragePremiere Property Group, Llc - South Salem

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