NOT LISTED FOR SALE

1021 NW Portland Ave Bend, OR 97701

River West Neighborhood

Estimated Value: $1,095,000 - $1,583,000

8 Beds
7 Baths
3,687 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $840,000 $228 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,765/month

6 Days on Market

Highlights

  • Deck
  • Territorial View
  • No HOA
  • High Lakes Elementary School Rated A-
  • Traditional Architecture
  • Double Pane Windows

About This Home

As of April 2019

Bend 4-plex located in the heart of the Westside, close to Newport Market, Drake Park, the Deschutes River, trails, skiing, hiking, dining, schools, and all that Central Oregon has too offer. This carefully maintained investment property is professionally managed and has an exceptional rental history. All apartments are 2 bedroom, and there is ample on-site parking and washer/dryer on-site for tenants.

Last Agent to Sell the Property

Priscilla Martin

Cascade Hasson Sotheby's International Realty License #861100164 Listed on: 02/01/2019

Last Buyer's Agent

Holly Perzynski

Windermere Realty Trust License #201212008

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,440

Year Built

  • Built in 1990

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced

Home Design

  • Quadruplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • Alley Access
  • Driveway
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • High Lakes Elementary School
  • Pacific Crest Middle School
  • Summit High School

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 17,18,PT019 / 9
  • Assessor Parcel Number 102033

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Kenwood Subdivision

Building Details

  • Gross Income $49,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,440

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.21
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Kenwood
  • Year Built: 1990
  • Total Gross Income: 49080.0
  • Co List Office Phone: 541-330-8500
  • Outside Inclusions: Kitchen appliances
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: High Lakes Elem
  • General Property Information Middle Or Junior School: Pacific Crest Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 17,18,PT019
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 9
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Alley Access, Asphalt, Assigned, Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Backflow Domestic, Backflow Irrigation, Public, Water Meter
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: High Lakes Elem
  • High School: Summit High
  • Middle Or Junior School: Pacific Crest Middle

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 102033
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5439.7
  • Tax Block: 9
  • Tax Lot: 17,18,PT019
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 5, 2019
Sold by
Creative Real Estate Solutions Llc
Bought by
Strauss Daniel J
Seller's Agent
Priscilla Martin
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Holly Perzynski
Windermere Realty Trust
List Price
$850,000
Sold Price
$840,000
Premium/Discount to List
-$10,000
-1.18%
Current Estimated Value
$1,364,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,880
Avg. Annual Appreciation
7.57%
Original Mortgage
$533,000
Outstanding Balance
$466,681
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$898,199

Purchase Details

Closed on
Feb 2, 2016
Sold by
Creative Real Estate Solutions Llc
Bought by
Adams Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,300
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2007
Sold by
Adams Jason S
Bought by
Azure Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Strauss Daniel J $840,000 Amerititle
Adams Jason -- Amerititle
Azure Properties Llc -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strauss Daniel J $533,000
Previous Owner Adams Jason $176,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $840,000 -1.2% $228 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $850,000 -- $231 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,283 $431,030 -- --
2024 $7,007 $418,480 -- --
2023 $6,495 $406,300 $0 $0
2022 $6,060 $382,990 $0 $0
2021 $6,069 $371,840 $0 $0
2020 $5,758 $371,840 $0 $0
2019 $5,598 $361,010 $0 $0
2018 $5,440 $350,500 $0 $0
2017 $5,280 $340,300 $0 $0
2016 $5,035 $330,390 $0 $0
2015 $4,896 $320,770 $0 $0
2014 $4,752 $311,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201900625

Oregon Datashare

APN: 102033