NOT LISTED FOR SALE

1314 SW Obsidian Ave Redmond, OR 97756

Estimated Value: $268,000 - $436,000

3 Beds
2 Baths
2,284 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $331,350 $145 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,259/month

162 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Bathtub with Shower
  • Traditional Architecture
  • Linen Closet
  • 4-minute walk to Baker Park

About This Home

As of December 2018

Great investor opportunity. Two single level homes on separate tax lots with common wall. Completely remodeled. New roofing, siding, interior and exterior paint, countertops and backsplashes, lighting, carpet. Located across the street from Obsidian Middle School, near shopping, restaurants, public transportation. Popular SW Redmond location.

Last Agent to Sell the Property

Greg Yeakel

Coastal Sotheby's International Realty License #980100242 Listed on: 04/12/2018

Coastal Sotheby's International Realty

Co-Listed By

Robin Yeakel

Coastal Sotheby's International Realty License #200204393

Last Buyer's Agent

Jaelyn Israel

Keller Williams Realty Central Oregon License #201222807

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1990

Lot Details

  • 7,841 Sq Ft Lot

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Walk-In Closet
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Shared Driveway

Schools

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

Utilities

  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 7,8
  • Assessor Parcel Number 177515

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Basking Ridge Subdivision

Recreation

  • Park

Building Details

  • Professional Management Expense $20,655
  • Gross Income $24,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,500

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Basking Ridge
  • Year Built: 1990
  • Total Gross Income: 24300.0
  • Professional Management Expense: 20655.0
  • Co List Office Mls Id: ocSIR
  • Co List Office Phone: 541-383-7600
  • Co List Office Phone: 541-383-7600
  • Outside Inclusions: Refrigerator, range/oven, disposal
  • 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: 7,8
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: -
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Linen Closet, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Walk-In Closet(s)
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Roof: Composition
  • View: Territorial
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Asphalt, Driveway, No Garage, Shared Driveway, Other
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Heating: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Amenities: Park
  • Association: No
  • Community Features: Park

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Park: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 177515
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3500.0
  • Tax Block: -
  • Tax Lot: 7,8
  • Tax Map Number: 151321BA
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2018
Closed on
Nov 16, 2018
Sold by
Wow Las Vegas Llc
Bought by
Jordan James A and James A Jordan Revocable Trust
Seller's Agent
Greg Yeakel
Coastal Sotheby's International Realty
Buyer's Agent
Jaelyn Israel
Keller Williams Realty Central Oregon
List Price
$349,900
Sold Price
$331,350
Premium/Discount to List
-$18,550
-5.3%
Total Days on Market
162
Current Estimated Value
$365,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,053
Avg. Annual Appreciation
1.52%

Purchase Details

Closed on
Feb 14, 2006
Sold by
Wright William
Bought by
Wow Las Vegas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,550
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 13, 2006
Sold by
Santucci Shelley
Bought by
Wright William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,550
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Jordan James A $178,850 First American Title
Wow Las Vegas Llc -- Deschutes County Title Co
Wright William $101,980 Deschutes County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright William $81,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $331,350 -5.3% $145 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $349,900 -- $153 / 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
2024 $2,499 $124,040 -- --
2023 $2,390 $120,430 $0 $0
2022 $2,173 $113,530 $0 $0
2021 $2,101 $110,230 $0 $0
2020 $2,006 $110,230 $0 $0
2019 $1,919 $107,020 $0 $0
2018 $1,871 $103,910 $0 $0
2017 $1,827 $100,890 $0 $0
2016 $1,802 $97,960 $0 $0
2015 $1,747 $95,110 $0 $0
2014 $1,700 $92,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201803385

Oregon Datashare

APN: 177515