Hood River Real Estate Update

Pictured below is the Butler Bank Building located at 301 Oak Ave in Hood River Oregon. The Butler Bank was built in 1924. Leslie and Truman Butler commissioned well-known Portland architect A.E. Doyle to design a bank for the Butler Banking Company which was the business they founded in 1900. When the Egyptian styled building was completed in September 1924, the grand opening attracted over 2,000 valley residents. The structure which cost $75,000 was decorated with massive fluted two-story columns, Wilkinson sandstone facing and winged finials on the cornice. The bank closed in 1932 due to the Great Depression.  The building was used as the Hood River County Courthouse from 1937 until 1954.  The building is currently used as the Hood River City Hall. It has been listed for sale and is currently sale pending, so more changes are in store.

The Butler Bank was listed in the National Register of Historic Places in 1999.

Pictured below is the Historic First National Bank building located at 304 Oak Ave in Hood River, Oregon. The  First National Bank was built in 1910 for a cost of $40,000.

The First National Bank building was designed by Hood River architect R.R. Bartlet. The "new" First National Bank building was constructed in 1910 by contractors J.M. Wright and L.M. Bentley. The building housed the bank on the first floor and the Commercial Club of Hood River on the second floor. The Commercial Club had a reception area, billiards room, and an assembly hall which accommodated up to 300 people.

Currently the building now serves as offices for a title company along with other commercial businesses. The building was listed on the National Register of Historic Places in 2006.

                     Columbia River sunrise looking east from Hood River Bridge

                     Columbia River views west from Ruthton Park in Hood River

                     Columbia views looking west from the Hood River delta

Thank you Colleen for sharing this great information.

February statistics are out and sales  were actually down in February. These are the home sales in Hood River County for February 2010.  I have compiled this information directly from the RMLS. It  includes listed property sales only-no FSBO's.   There were 10 total residential home sales for the month of  February compared to 17  home sales in January 2010 in Hood River County. There are currently 25  homes sale pending in escrow in Hood River County, 20- Hood River,  1-Cascade Locks and 4-Parkdale.

These are the sold homes and locations:  Hood River-7  Eastside Hood River-1  Cascade Locks-2  

If you want to buy a home in Hood River, Oregon I would be happy to help you find the home you're looking for.  If you are looking to sell your home in the Hood River  or gorge area I would be happy to do a comparative market analysis on your home or discuss the current gorge market conditions.

Hood River- Listed for $94,500  Sold for $90,000   635 sq ft 1 bdrm 1 bath condo   DOM-132

Hood River- Listed for $269,000  Reduced to $199,000  Sold for $206,000   1298 sq ft  2 bdrm 1 bath  Fixer home with river and mountain view   DOM-145

Hood River- Listed for $245,000 Sold for $238,000  1592 sq ft   2 bdrm 1 bath  DOM-2

Hood River- Listed for $389,000  Reduced to $342,000   Sold for $333,000  newer townhouse 1870 sq ft  3 bdrm 2.5 bath  DOM-942

Hood River- Listed for $334,000   Sold for $310,000   1712 sq ft   3 bdrm  2 bath   DOM-65  sold price per sq ft-$181

Hood River- Listed for $465,000   Reduced to $450,000  Sold for $425,000   2490 sq ft  4 bdrm 2 bath   DOM 108  Classic Historic Home

Hood River-Listed for $960,000  Reduced to $875,000, $850,000, $819,000, $798,000, $750,000 -DOM-564 before it went back to the bank. Bank listed for $470,250   Sold for $520,000  7 (DOM)Days on market after bank listed.                                                                                                                               

2468 Sq ft  4 bdrm 3 bath  Mt. Adams and Columbia River views. Detached garage with 1 bdrm apartment above. When bank took it back the listing info changed to show: Needs interior doors and closet doors, light fixtures, faucets, hardware, stove hood and bath vanity top.

Eastside Hood River- Listed for $988,000  Reduced to $850,000  Sold for $747,000     1814 sq ft  3 bdrm 2 bath  on 25+ acres   mountain views   DOM-260

Cascade Locks- Listed for $129,900    Sold for $121,000   1609 sq ft  3 bdrm  2.5 bath  Newer 2 story townhome  DOM(days on market)-39 

Cascade Locks- Listed for $149,900   Sold for $137,000   1609 sq ft  4 bdrm 2.5 bath  sold price per sq ft-$85

$725,000   My husband custom designed this house specifically for the lot it sits on. We built it in 2005. The first level is built of Eco Block-ICF (insulated concrete forms) and is super energy efficient, strong and quiet.  On this lower level is the oversized double garage and a one bedroom  self contained apartment complete with full kitchen and stacked washer/dryer.  The house has a total of 3365 sq ft on three levels with 5 Bdrms, 4 Baths, 2 kitchens, 2 living rooms, and a family room. The master suite is on the main level and has a walk in closet, bathroom with antique pedestal tub. travertine walk in shower with pebble tile floor, and an adjoining sauna. Enjoy the clear vertical grain fir flooring in the kitchen, living and dining rooms and Raja slate in the entry, hall, bath and laundry. The living room fireplace has a beautiful surround with CVG(clear vertical grain) fir book cases and raja slate in a brick and herringbone pattern. The exterior of the house is #1 clear cedar shingle siding with woven corners and board and batten.  Rustic log columns support the covered porch with mahogany decking. There is also a balcony off the kitchen and dining rooms.

This house is on our favorite walking route. I've always enjoyed the cute mini replica in the trees by the garage.

If you are wondering how the real estate market has been doing in Hood River County,  here's some data going back to Jan 2008. Homes are still moving and from my experience loans have been taking longer. Keep in mind the tax credit for first time buyers has been expanded to include some other buyers. It has  been  extended into 2010. You must have the home you are purchasing under contract by April 30, 2010 and it must close by June 30, 2010 to qualify. 

        2008-homes sold in Hood River County                                 

• Jan-10 
• Feb-12
• March-12
• April-15
• May-27
• June-13
• July-19
• Aug-17
• Sept-18
• Oct-22
• Nov-12
• Dec-13

        2009-homes sold in Hood River County

• Jan-7
• Feb-6
• March-7
• April-10
• May-13
• June-15
• July- 23
  
• Aug- 15
  
• Sept-21
  
• Oct- 12
  
• Nov-16
• Dec-15

Here are the home sales in Hood River County for January 2010.  This information is from the RMLS and includes listed property sales only-no FSBO's. There were 17 total residential home sales for the month of  January compared to 15  home sales in December 2009  in Hood River County. There are currently 24 homes sale pending in escrow in Hood River County, 23 in Hood River and 1 in Parkdale.

These are the sold homes and locations:  Hood River-12  Eastside Hood River- 1  Westside Hood River-3   Odell-1   

If you want to buy a home in Hood River, Oregon I would be happy to help you find the home you're looking for.  If you are looking to sell your home in the Hood River  or gorge area I would be happy to do a comparative market analysis on your home or discuss the current gorge market conditions.

Hood River- Listed for $249,000 Sold for $210,000  2392 sq ft  3 bdrm 1 bath  DOM-138

Hood River- Listed for $232,000   Sold for $232,000   1188 sq ft  2 bdrm 2 bath   DOM 6  Brand new home in PUD on small lot

Hood River- Listed for $295,000   Reduced to $255,000  Sold for $240,000   1127 sq ft  2 bdrm  1.5 bath  newer cottage style home in PUD  DOM(days on market)-120  sold price per sq ft-$213  

Hood River- Listed for $238,000    Sold for $243,000   1440 sq ft  New home  3 bdrm  2  bath    DOM-6   Sold price per sq ft-$169  Higher selling price is likely due to buyer upgrades on home finish

Hood River-Listed for $329,000   Sold for $307,500   1360  sq ft   3 bdrm 1 bath   DOM-146   Sold price per sq ft-$226

Hood River- Listed for $409,000 Sold for $395,000   2374 sq ft  4 bdrm 2.5 bath Brand new home in new neighborhood area  DOM-73 

Hood River- Listed for $575,000  Reduced to $425,000  Sold for $418,000     1600 sq ft   2  bdrm 2  bath DOM-797  Sold price per sq ft-$261

Hood River- Listed for $257,000   Sold for $229,225    1600 sq ft  2 bdrm 2 bath  DOM-24  Sold price per sq ft-$175

Hood River- Listed for $315,000   Sold for $315,000   3 bdrm 2 bath  1576 sq ft  DOM-18  Sold price per sq ft-$200

Hood River- Listed for $489,000   Reduced to $485,000  Sold for $468,000    2444 sq ft   3 bdrm 2 bath   DOM-914  Sold price per sq ft-$191

Hood River- listed for $732,500   Sold for $650,000   4660 sq ft 4 bdrm 3 bath  Classic Hood River Historic Home  DOM-113   Sold price per sq ft  $139

Westside Hood River-Listed for $425,000   Sold for $385,000    1552 sq ft  3 bdrm 2 bath    located on 2.85 acres DOM-45  Sold price per sq ft.-$248

Westside Hood River- Listed for $649,900   Sold for $571,450   2092 sq ft 3 bdrm 2 bath on 4 acres with m=ountain view   DOM-490 

Westside Hood River- Listed for $1,200,000    Reduced to $673,900, $657,900, $643,900, $509,900   went back to bank and put up for auction  Sold for $420,000   DOM-173+19  Bank owned property sold at auction   14.28 acres  6840 sq ft  3 bdrm 2 bath   Sold price per sq ft-$61

Eastside Hood River-  Listed for $949,000 Reduced to $895,000, $700,000, $659,000, $599,000, $575,000  Sold for $610,000   4479 sq ft   5 bdrms  3.5 baths  Located on 2.32 acres   DOM-563   Sold price per sq ft-$136

Odell- Listed for $189,000 Sold for $175,000  3 bdrm 2 bath  1572 sq ft located in a C-1 zone  DOM-71  Sold price per sq ft-$111

I have lived in East Stonegate now for about 5 years. I love the layout of the community with meandering walking trails, plenty of trees and natural vegetation.

Stonegate is a Planned Unit Development which began in 1989 on the westside of Hood River. Located about 2 miles from town,  there are 2 phases in Stonegate-West Stonegate off of Post Canyon and East Stonegate off of Frankton Rd. Stonegate's focus is to maintain and enhance the natural beauty of the site and protect it's views, many homesites which include views of Mt. Adams or Mt. Hood. Stonegate is managed by owners through the Stonegate Homeowners Association.  Walking trails (there are no curbs or sidewalks in Stonegate) connect West and East with plenty of green spaces,lots of trees, 4 neighborhood parks, a Habitat Conservation Area with wildlife pond, and common areas.

CCR's protect the community with architectural requirements. A high quality of design is encouraged with natural earth tones or muted colors and materials, usable front porches and outdoor living spaces as well as alternative energy technology. Home designs should "focus on front porches" and  "De-emphasize garage doors" from the street view. Fencing is discouraged and rather buffering with native trees and plantings is encouraged.  The Stonegate Community is nearly built out. There are currently only 2 remaining undeveloped lots which are located in East Stonegate.

Currently there are five homes for sale in the Stonegate community. Four homes are located in East Stonegate and two in West Stonegate.

The homes in East Stonegate for sale are: A home my husband and I built and own at  636 Hunter  Rd.   A FSB0   4075 Stonegate Dr.   585 Toms Dr.  and another FSBO Hunter Rd.-3 bdrm 2.5 ba for $575,000

There are twp homes for sale on the other side-West Stonegate: 680 Parsons Rd and one at 668 Parsons

Pictures include one of the parks in West Stonegate and in East Stonegate, looking across the park on Tom's Loop towards homes. Also pictured are an entrance to a walking path and a typical Stonegate Street scene