NOT LISTED FOR SALE

1026 SW 17th St Redmond, OR 97756

Estimated Value: $393,214 - $498,000

3 Beds
2 Baths
1,683 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $381,000 $226 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,753/month

3 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Fenced
  • Ranch Style House
  • Baseboard Heating
  • Carpet

About This Home

As of January 2022

Hard to find under rented Redmond Duplex located in a great, convenient location. 2 bedroom 1 bath side was built in the 1950's, 3 bedroom 1 bath side was built in 1997. The single car garage is located between the 2 units. Each unit has a landscaped front yard & large back yard. A City Park, restaurants, etc are located nearby. Tenants have been in place for 10 +/- years & there are some repairs & improvements that can be done to the duplex like exterior paint, etc. Currently tenants pay for their won w/s/g. Newer metal roof, newer vinyl windows in #1038. Property is being sold in as is condition!

Last Listed By

Fred Baldwin Pc

Century 21 North Homes Realty License #780200424 Listed on: 12/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • No Common Walls
  • Fenced

Home Design

  • Duplex
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • Vinyl Clad Windows
  • Territorial Views
  • Fire and Smoke Detector
  • Range

Flooring

  • Carpet
  • Vinyl

Parking

  • Gravel Driveway
  • On-Street Parking

Schools

  • M A Lynch Elementary School
  • Obsidian Middle School
  • Ridgeview High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Listing and Financial Details

  • Exclusions: tenants personal belongs, refrig unit #1038
  • Tax Lot 01801
  • Assessor Parcel Number 123980

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • South Moreland Acres Subdivision

Building Details

  • Professional Management Expense $1,400
  • Gross Income $17,580
  • Net Operating Income $11,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,151

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Frontage Type: Private Access
  • Road Surface Type: Paved
  • Subdivision Name: South Moreland Acres
  • Year Built: 1950
  • Total Gross Income: 17580.0
  • Professional Management Expense: 1400.0
  • Co List Office Mls Id: ocC-21
  • Co List Office Phone: 541-548-2131
  • Co List Office Phone: 541-548-2131
  • Outside Inclusions: range/oven in both units, refrig unit 1026 only
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 01801
  • Appliances Refrigerators: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Window Features: Vinyl Frames
  • Appliances Range: Yes

Exterior Features

  • Builder Name: unknown
  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced
  • Roof: Metal
  • View: Territorial
  • Exclusions: tenants personal belongs, refrig unit #1038
  • Lot Features:Fenced: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, On Street
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: M A Lynch Elem
  • High School: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 123980
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 11450.0
  • Annual Operating Expense: 2600.0

Tax Info

  • Tax Annual Amount: 2151.15
  • Tax Lot: 01801
  • Tax Map Number: 151316CB
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 4, 2022
Sold by
Baldwin Fred W
Bought by
Rythmia Opportunity Business Llc
Seller's Agent
Fred Baldwin Pc
Century 21 North Homes Realty
Buyer's Agent
Peter Rawlins
Rim Rock Investments LLC
List Price
$359,950
Sold Price
$381,000
Premium/Discount to List
$21,050
5.85%
Total Days on Market
3
Current Estimated Value
$453,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,738
Avg. Annual Appreciation
5.32%

Range of Values:

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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
Rythmia Opportunity Business Llc $381,000 Deschutes County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rythmia Opportunity Business L $322,938
Closed Rythmia Opportunity Business L $322,938
Previous Owner Baldwin Fred W $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $381,000 +5.8% $226 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $359,950 -- $214 / Sq Ft
Source: Southern Oregon MLS

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
2024 $2,559 $126,990 -- --
2023 $2,447 $123,300 $0 $0
2022 $2,225 $116,230 $0 $0
2021 $2,151 $112,850 $0 $0
2020 $2,054 $112,850 $0 $0
2019 $1,964 $109,570 $0 $0
2018 $1,915 $106,380 $0 $0
2017 $1,870 $103,290 $0 $0
2016 $1,844 $100,290 $0 $0
2015 $1,788 $97,370 $0 $0
2014 $1,741 $94,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220136260

Southern Oregon MLS

APN: 123980