NOT LISTED FOR SALE

1073 NE Hidden Valley Dr Bend, OR 97701

Orchard District Neighborhood

Estimated Value: $754,000 - $789,000

6 Beds
4 Baths
2,660 Sq Ft
$291/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $765,000 $288 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,594/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Attached Garage
  • Carpet
  • No HOA
  • Forced Air Heating System

About This Home

As of May 2023

Here's your chance to own a rare triplex located in a quiet and desirable neighborhood in Bend. This low maintenance property is fully leased to long-term tenants providing a steady income each month. The property provides an upside in rents for potential investors or an excellent owner occupant opportunity, where you have the option to live in one of the units and continue to lease the other two. With minor updating, the rent upside is substantial. Recent capital improvements include new exterior paint in 2018 and a new roof in 2020. Each unit comes with its own private garage, driveway parking, and plenty of street parking. This is a perfect opportunity to own a multifamily investment in desirable Bend, Oregon.

Last Agent to Sell the Property

Ron Ross

Compass Commercial Real Estate License #810304204 Listed on: 05/01/2023

Compass Commercial Real Estate

Co-Listed By

Luke Ross

Compass Commercial Real Estate License #201209892

Last Buyer's Agent

Graham Dent

Compass Commercial Real Estate License #201207955

Compass Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,384

Year Built

  • Built in 1995

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • Attached Garage
  • Assigned Parking

Schools

  • North Star Elementary School
  • Sky View Middle School
  • Mountain View Sr High School

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 3 Units
  • Hidden Glen Subdivision

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 184689

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,384

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.28
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Subdivision Name: Hidden Glen
  • Year Built: 1995
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: North Star Elementary
  • General Property Information Middle Or Junior School: Sky View Middle
  • General Property Information High School: Mountain View Sr High
  • General Property Information:Zoning2: RM
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 26
  • General Property Information New Construction YN: No
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Assigned, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: North Star Elementary
  • High School: Mountain View Sr High
  • Middle Or Junior School: Sky View Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 12196.8
  • Parcel #: 184689
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5383.76
  • Tax Lot: 26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 15, 2023
Sold by
Handelman Samuel S
Bought by
Qbm Bend Llc
Seller's Agent
Ron Ross
Compass Commercial Real Estate
Buyer's Agent
Graham Dent
Compass Commercial Real Estate
List Price
$775,000
Sold Price
$765,000
Premium/Discount to List
-$10,000
-1.29%
Views
6
Current Estimated Value
$773,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,156
Avg. Annual Appreciation
0.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Qbm Bend Llc $765,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $765,000 -1.3% $288 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $775,000 -- $291 / 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 $6,276 $371,430 -- --
2024 $6,038 $360,620 -- --
2023 $5,597 $350,120 $0 $0
2022 $5,222 $330,030 $0 $0
2021 $5,230 $320,420 $0 $0
2020 $4,962 $320,420 $0 $0
2019 $4,824 $311,090 $0 $0
2018 $4,687 $302,030 $0 $0
2017 $4,550 $293,240 $0 $0
2016 $4,339 $284,700 $0 $0
2015 $4,219 $276,410 $0 $0
2014 $3,917 $264,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220163133

Oregon Datashare

APN: 184689