NOT LISTED FOR SALE

1114 NE Kayak Loop Bend, OR 97701

Orchard District Neighborhood

Estimated Value: $711,000 - $744,171

6 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 22, 2023

Last sale price $761,000

Est. 5% decrease in value since last sale

Current estimated payment $4,220/month

60 Days on Market

About This Home

As of August 2023

Attention Investors! Awesome duplex in NE Bend! Great location close to everything your tenants are looking for. Desirable and spacious 3 bedroom units! Each unit boasts 3 bedrooms and 2.5 baths at 1342 square feet each, with a single car garage and nice sized yards. Each unit also has a downstairs laundry room. This duplex has been lovingly cared for and extremely well maintained by the original owner. Unit 1 had brand new paint, carpet, microwave and stove installed in October 2021.Unit 2 just had new paint, carpet and microwave installed in February of 2022 and is like new! This property is turnkey with wonderful tenants. Unit 1 rents for $1880 per month and Unit 2 rents for $2000 per month. Owner pays water, trash & gardener. Truly a rare find in today's market!

Last Agent to Sell the Property

Jared Barnes

Save Big Realty License #201215766 Listed on: 06/21/2023

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 2005

Lot Details

  • 5,227

Parking

  • Attached Garage

Kitchen

  • Disposal

Schools

  • Ponderosa Elementary School
  • Skyline High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number 241096

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $9,000
  • Gross Income $46,560
  • Net Operating Income $40,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,962

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 2005
  • Property Attached Yn: No
  • Current Price For Status: 761000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Lot Size: 0K to 2,999 SqFt
  • View: No

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Ponderosa
  • High School: Skyline
  • Middle Or Junior School: Other

Lot Info

  • Zoning: RS
  • Parcel #: 241096

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3961.52

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.75
  • Annual Gross Income: 46560.0
  • Property Net Operating Income: 40560.0
  • Annual Operating Expense: 9000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Fink Robert A
Bought by
Fink Robert and Fink Robert
Current Estimated Value
$726,293

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jun 30, 2023
Sold by
Lacoste Jeanne M
Bought by
Fink Robert A
Seller's Agent
Jared Barnes
Save Big Realty
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$779,900
Sold Price
$761,000
Premium/Discount to List
-$18,900
-2.42%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.05%

Purchase Details

Closed on
Nov 10, 2011
Sold by
Kubera Properties L L C
Bought by
Lacoste Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,750
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Lacoste Jeanne M
Bought by
Kubera Properties Llc

Purchase Details

Closed on
Nov 21, 2005
Sold by
Wilcox Matthew J and Wilcox Monnette L
Bought by
Lacoste Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 23, 2005
Sold by
Cousins Construction Inc
Bought by
Wilcox Matthew J and Wilcox Monnette L
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
Fink Robert -- None Listed On Document
Fink Robert A $761,000 First American Title
Lacoste Jeanne M -- Servicelink
Kubera Properties Llc -- None Available
Lacoste Jeanne M $315,000 First Amer Title Ins Co Or
Wilcox Matthew J $73,500 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacoste Jeanne M $218,750
Previous Owner Lacoste Jeanne M $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $761,000 -2.4% --
08/21/2023 08/21/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $779,900 -- --
Source: Regional Multiple Listing Service (RMLS)

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 $4,618 $273,310 -- --
2024 $4,443 $265,350 -- --
2023 $4,119 $257,630 $0 $0
2022 $3,843 $242,850 $0 $0
2021 $3,849 $235,780 $0 $0
2020 $3,651 $235,780 $0 $0
2019 $3,550 $228,920 $0 $0
2018 $3,449 $222,260 $0 $0
2017 $3,348 $215,790 $0 $0
2016 $3,193 $209,510 $0 $0
2015 $3,105 $203,410 $0 $0
2014 $3,013 $197,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jared Barnes

    Save Big Realty

    (541) 708-3898

    1 in this area

    362 Total Sales

    Jared Barnes
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23475977

Regional Multiple Listing Service (RMLS)

APN: 241096

Oregon Deschutes County Bend 97701 Orchard District

1114 NE Kayak Loop, Bend, OR

Not Listed for Sale

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