NOT LISTED FOR SALE

1238 SW 16th St Redmond, OR 97756

Estimated Value: $437,009 - $546,000

4 Beds
2 Baths
1,520 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $288,500 $190 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,053/month

12 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Attached Garage
  • Territorial View
  • No HOA
  • 5-minute walk to Baker Park

About This Home

As of May 2019

Newly renovated duplex on large city lot with fenced yards close to schools and shopping. Nice clean investment property with 1 recently vacated unit or Owner Occupied opportunity. Both units recently updated, new roof, grass & fenced backyards. Opportunity Zone possibility with room to add additional units. Chance to get to get market rent on new tenant placement.

Last Listed By

Terry ONeil

Compass Commercial Real Estate License #201103123 Listed on: 04/08/2019

Compass Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1973

Lot Details

  • 10,454 Sq Ft Lot
  • Landscaped

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Laminate Flooring
  • Territorial Views

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Workshop in Garage
  • Alley Access
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Banta Acres Subdivision

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Legal Lot and Block 6 / 1
  • Assessor Parcel Number 131974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Banta Acres
  • Year Built: 1973
  • 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:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 6
  • Location Tax and Legal:Tax Block: 1
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Water Heater
  • Flooring: Laminate
  • Interior Amenities: Primary Downstairs, Shower/Tub Combo
  • Window Features: Aluminum Frames, Double Pane Windows, Vinyl Frames
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenants Personal Property
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Alley Access, Attached, Concrete, Driveway, On Street, Workshop in Garage, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Heating: Forced Air, Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: 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

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 131974
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2267.28
  • Tax Block: 1
  • Tax Lot: 6
  • Tax Map Number: 151316CC
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Grahon Dawnelle E
Bought by
Grahon Dawnelle E
Total Days on Market
12
Current Estimated Value
$500,502

Purchase Details

Listed on
Apr 8, 2019
Closed on
May 10, 2019
Sold by
16Th Street Properties Llc
Bought by
Roth Dawnelle
Seller's Agent
Terry ONeil
Compass Commercial Real Estate
Buyer's Agent
Tom Nichols
Ninebark Real Estate
List Price
$295,000
Sold Price
$288,500
Premium/Discount to List
-$6,500
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%

Purchase Details

Listed on
Aug 2, 2016
Closed on
Nov 6, 2016
Sold by
Cross Colton and Sorum Dana
Bought by
16Th Street Properties Llc
Seller's Agent
Justin Fairbanks
Weichert, Realtors-Norwest
Buyer's Agent
Non Member
No Office
List Price
$125,730
Sold Price
$145,000
Premium/Discount to List
$19,270
15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.68%
Original Mortgage
$40,000
Interest Rate
3.42%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 28, 2016
Sold by
Jpmorgan Chase Bank National Association
Bought by
Cross Colton and Sorum Dana
Seller's Agent
Justin Fairbanks
Weichert, Realtors-Norwest
Buyer's Agent
Non Member
No Office
List Price
$125,730
Sold Price
$145,000
Premium/Discount to List
$19,270
15.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.42%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2016
Sold by
Landon Eunice J and Landon Timothy
Bought by
Jpmorgan Chase Bank National Association

Range of Values:

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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
Grahon Dawnelle E -- None Listed On Document
Roth Dawnelle $288,500 Western Title & Escrow
16Th Street Properties Llc -- Amerititle
Cross Colton $145,000 Amerititle
Jpmorgan Chase Bank National Association $119,830 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 16Th Street Properties Llc $40,000
Previous Owner Landon Eunice J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $288,500 -2.2% $190 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $295,000 +103.4% $194 / Sq Ft
11/11/2016 11/11/16 Sold $145,000 +15.3% $95 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $125,730 -- $83 / 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 $3,029 $150,320 -- --
2023 $2,897 $145,950 $0 $0
2022 $2,633 $137,580 $0 $0
2021 $2,546 $133,580 $0 $0
2020 $2,431 $133,580 $0 $0
2019 $2,325 $129,690 $0 $0
2018 $2,267 $125,920 $0 $0
2017 $2,213 $122,260 $0 $0
2016 $2,183 $118,700 $0 $0
2015 $2,116 $115,250 $0 $0
2014 $2,061 $111,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 201902346

Southern Oregon MLS

APN: 131974