$540,000

40040 Place Rd Fall Creek, OR 97438

$6,413
Closing credit¹
3 beds
2 full
1,218 sqft
2.2 acres
$443 / sqft
House

Property details

About 40040 Place Rd

Your Dream Country Paradise Near Fall Creek Awaits! 3 bed and 2 baths total. This charming single-level home sits just a stone’s throw from Fall Creek, offering a peaceful retreat with plenty of room to spread out.The main house features two bedrooms, a bright and airy living room with large windows and a cozy wood-burning fireplace, plus a spacious kitchen with ample storage. The primary bedroom includes a true walk-in closet. Enjoy the outdoors year-round from the covered back patio—perfect for summer shade or shelter from the rain.A separate, non-conforming one-bedroom apartment, approximately 600 sq. ft. offers added flexibility with a generous bedroom, full bath, and large kitchen. This additional space is not reflected in the listed square footage, making it an excellent bonus for guests, extended family, or extra income.The property includes a two-car garage, a 30x20 shop with an attached 30x12 storage area, a 16x10 shed, and a 12x8 greenhouse. With 2.16 acres of flat, usable land, there’s room for your dream garden, hobby farm, or even a small solar panel setup. The organic soil supports raised beds and fruit trees, already in place for your green thumb.The current owners have spent countless summers enjoying the creek just outside their front yard—fishing, swimming, floating, and relaxing by the water. Now it's your turn to cast a line from your own property. A seasonal tributary creek also runs through the land, bringing frogs, salamanders, and adding to the serene, natural beauty.Located in a sought-after area near some of Oregon’s most beautiful outdoor destinations. Fall Creek Lake, Dexter Reservoir, the Willamette River, and other family-friendly recreation spots. Just 15 minutes to Springfield and 30 minutes to Eugene, this is the perfect blend of nature and convenience.

Highlights

Home typeSingle Family Residence
HeatingCeiling
StatusActive
Size1,218 sqft
Lot size2.16 Acres
Year built1987
ParkingCovered, Driveway
MLS #352775364
Garage2 spaces
WaterfrontCreek
FireplaceStove, Wood Burning
ViewCreek/Stream, Mountain(s), Trees/Woods

Summary

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Plumbed For Ice Maker
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s), High Speed Internet, Laundry, Wall to Wall Carpet
  • Fireplace: Stove, Wood Burning
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Covered, Driveway
  • Waterfront: Creek
  • View: Creek/Stream, Mountain(s), Trees/Woods
  • Exterior: Barn, Covered Patio, Fence, Garden, Greenhouse, RV Parking, Sprinklers, Tool Shed, Yard
  • Architectural Style: 1 Story, Custom Style
  • Heating: Ceiling
  • List Price: $540,000
  • Price/SqFt: $443
  • Annual Tax Amount: $3,738
  • Tax Year: 2023
  • Lot: Level
  • Directions: Follow your GPS it will take you straight to the home
  • Year Built: 1987
  • Stories: 1
  • Living Area: 1,218 SqFt
  • Lot Size: 2.16 Acres
  • MLS Number: 352775364
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Hybrid Real Estate
  • Office Phone: (541) 343-0322
  • Listing Agent: Teo Wences

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/8/2025, 9:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of road

$540,000

40040 Place Rd

$6,413

closing credit¹

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Price information

Property sales

DateEventPrice
Jun 25, 2020
Home Sold
$380,000

Tax history

YearAssessmentProperty Tax
2023$306,906$3,738
2022$297,967$3,602
2021$289,289$3,478
2020$280,864$3,204
2018$264,742$3,112
2017$257,031$2,484

History based on county public records data.

Nearby schools

7

Lundy Elementary School

Public District KG-6

1.9 mi

45 S Moss St

6

Pleasant Hill Elementary School

Public District KG-6

6.9 mi

36386 Highway 58

4

Walterville Elementary School

Public District KG-5

9.3 mi

40589 McKenzie Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,657. Most Fall Creek, OR residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

29%
<35k
56%
35k-100k
12%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
6%
Single, with Kids
46%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
13%
18-34 yrs old
52%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • DillardsDillards
  • Wal-MartWal-Mart
  • Dick's Sporting GoodsDick's Sporting Goods

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • CadillacCadillac
  • RamRam
  • SubaruSubaru

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 40040 Place Rd

The listing price of 40040 Place Rd property is $540,000.

The property 40040 Place Rd is a house located in Fall Creek, Oregon, 97438.

Active Listing: 40040 Place Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 40040 Place Rd are: Lundy Elementary School (GreatSchools Rating 7/10), Pleasant Hill Elementary School (GreatSchools Rating 6/10), Walterville Elementary School (GreatSchools Rating 4/10), Mountain View Academy (GreatSchools Rating 7/10), Thurston Middle School (GreatSchools Rating 5/10), Agnes Stewart Middle School (GreatSchools Rating 5/10), Bridge Charter Academy (GreatSchools Rating 8/10), Lowell High School (GreatSchools Rating 3/10), Pleasant Hill High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $3,738 (source: MLS/based on county public records data).

The last sale was on June 25, 2020 for $380,000 (source: MLS/tax record).

The property at 40040 Place Rd has 3 bedrooms and 2 bathrooms.

The property 40040 Place Rd is 1,218 SqFt (source: MLS/tax record).

The year of construction for 40040 Place Rd is 1987.

This home is located at 40040 Place Rd in Fall Creek, OR and zip code 97438. This 1,218 square foot home, which was built in 1987, sits on a 2.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $540,000.

From Rocket Homes Real Estate and based on county public records data.

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