NOT LISTED FOR SALE

1326 SW Obsidian Ave Redmond, OR 97756

Estimated Value: $277,000 - $391,000

2 Beds
1 Bath
2,175 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $255,000 $117 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,064/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Bathtub with Shower
  • Ceiling Fan
  • No HOA
  • 1-Story Property
  • 3-minute walk to Baker Park

About This Home

As of February 2018

Well kept profitable duplex in a desirable part of Redmond. Close to schools & parks. These units have had a very stable rental history. New exterior paint Summer 2017. Chance to invest in Redmond's rental market.

Last Agent to Sell the Property

Alex Robertson

Fay Ranches, Inc. Brokerage Phone: 541-317-0123 License #201218114 Listed on: 12/07/2017

Last Buyer's Agent

David Lepez

Realty Pros LLC License #201210396

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,674

Year Built

  • Built in 1990

Lot Details

  • 3,920 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Schools

  • Obsidian Middle School
  • Ridgeview High School

Utilities

  • Heating Available
  • Water Heater

Community Details

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

Listing and Financial Details

  • Exclusions: Unit 1332: refrigerator/freezer (tenant; owned)
  • Legal Lot and Block 9 & 10 / 1
  • Assessor Parcel Number 177517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,674

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.09
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Basking Ridge
  • Year Built: 1990
  • Attribution Contact: 541-317-0123
  • Co List Office Phone: 800-238-8616
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R5
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 9 & 10
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 1
  • Appliances Microwave: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Pantry, Shower/Tub Combo
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Ceiling Fans: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Other
  • Roof: Composition
  • Exclusions: Unit 1332: refrigerator/freezer (tenant; owned)
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • High School: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 177517
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1674.33
  • Tax Block: 1
  • Tax Lot: 9 & 10
  • Tax Map Number: 151321BA
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Feb 27, 2018
Sold by
Santucci Bradley and Santucci Shelley
Bought by
Hsu Karen
Seller's Agent
Alex Robertson
Fay Ranches, Inc.
Buyer's Agent
David Lepez
Realty Pros LLC
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Total Days on Market
42
Current Estimated Value
$333,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,595
Avg. Annual Appreciation
3.08%
Original Mortgage
$101,647
Outstanding Balance
$87,171
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$230,675
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
Hsu Karen $135,530 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Karen $101,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $255,000 -3.8% $117 / Sq Ft
01/18/2018 01/18/18 Pending -- -- --
12/07/2017 12/07/17 For Sale $265,000 -- $122 / 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 $2,291 $113,710 -- --
2023 $2,191 $110,400 $0 $0
2022 $1,992 $104,070 $0 $0
2021 $1,926 $101,040 $0 $0
2020 $1,839 $101,040 $0 $0
2019 $1,759 $98,100 $0 $0
2018 $1,715 $95,250 $0 $0
2017 $1,674 $92,480 $0 $0
2016 $1,651 $89,790 $0 $0
2015 $1,601 $87,180 $0 $0
2014 $1,559 $84,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201711595

Oregon Datashare

APN: 177517