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140 Louisa St, Gates, OR, 97346

4beds
2baths
1,741sqft
$285,000
$164price/sqft
$1,922/moest. monthly cost
$76,880/yrincome needed

About This Home

Seller needs to lease back for 5 years after close of escrow for the home, shop and the outbuildings. Corner bare lot on Fir Street would be available to new owner at close of escrow. Only with accepted offer will home and outbuildings would be available for viewing. Dining room was made into the 4th bedroom. Buyer to DO DILIGENCE with City and County. 24x24 SHOP, 10X16 OUT BUILDING, 10X10 CRAFT BUILDING. DO NOT DISTURB OWNER!!!!!!!!DO NOT WALK ON PROPERTY!CALL BROKER FOR ANY ADDITIONAL INFO!!

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

7/10

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Slab
  • Roof: Metal or Aluminum
  • Construction materials: Vinyl Siding,Wood Siding

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Disposal,Electric Range

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Dining Room

  • Features: Area (Combination)

Features

  • Other(Refer to Remarks),High Speed Internet
  • Flooring: Carpet,Vinyl
  • Fireplace features: Family Room,Wood Burning,Wood Burning Stove
  • Fireplace: Yes

Heating

  • Heating features: Electric,Heat Pump,Forced Air

Interior Area

  • Total structure area: 1,741
  • Total interior livable area: 1,741 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Accessibility

  • Accessibility features: Handicap Amenities - See Remarks

Details

  • Parcel number: 093E27DD0290002
  • Zoning: R

Features

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

Lot

  • Lot size: 0.60 Acres
  • Features: Landscaped

Parking

  • Parking features: No Garage,RV Access/Parking

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 FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Volcanic Activity
    Volcanic ActivityModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Landslide
Strong Wind
Volcanic Activity
Winter Weather

FEMA Declared Disasters in Marion 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 $1,441$17,292
Home Insurance *$108$1,296
Property Taxes $197$2,364
Electricity $176$2,119
Total$1,922$23,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,897/yr
40% on housing$57,660/yr
45% on housing$51,253/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: 6.7%
6.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$164This listing

vs Other Active Listings

Avg $/sqft

ZIP 97346$378
Marion County$231

vs Homes Sold Last Month

Median $/sqft

ZIP 97346$323
Marion County$278

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)

No zestimate history available

Price History

DateEventPrice
2025-11-19Price change$285,000
2024-09-19Price change$325,000
2023-12-02Listed for sale$395,000
2015-10-22Listing removed$116,000
2015-07-06Listed for sale$116,000
2012-03-27Sold$55,000
2011-08-06Listed for sale$69,900

For Sale by Agent

AgentSANDY LYNESS
BrokerageSandy Lyness Real Estate Investments, Llc

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