NOT LISTED FOR SALE

1437 NE Covington Ln Bend, OR 97701

Mountain View Neighborhood

Estimated Value: $669,536 - $780,000

4 Beds
4 Baths
1,818 Sq Ft
$409/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $751,000 $413 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,433/month

20 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Solid Surface Countertops
  • Vaulted Ceiling
  • Engineered Wood Flooring
  • No HOA

About This Home

As of August 2022

Great investment, rare opportunity. Ideal location close to St. Charles. These units are charming, clean, excellent condition and close to everything. Unit 1437 has a month to month tenant at $1,525. Unit 1439 has been rented via AirBNB for 30 day minimum rental at $70.00 a night. Very easy to rent because of close proximity to St. Charles. Both units recently refurbished with new HVAC units, new simulated laminate flooring, fresh paint inside and out. Each unit has an open living area with gas fireplace, dining alcove and an open kitchen. Easy living in each unit with 2 large bedrooms, 2 baths, washer & dryer ,1 car garage and fenced outdoor area. Unit 1439 includes all furnishings, art, fully stocked kitchen, ready to rent fully furnished for 30 days rentals. Metal locking owner's storage cabinet in garage. Outside storage shed for yard tools included. Separate gas & electric meters for each unit.

Last Agent to Sell the Property

Karen Lervold

The Agency Bend Brokerage Phone: 503-496-7620 License #201237223 Listed on: 06/24/2022

The Agency Bend

Last Buyer's Agent

John Kromm

Real Broker License #201209265

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1999

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Landscaped
  • Level Lot
  • Garden

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Outdoor Features

  • Courtyard
  • Patio
  • Shed

Schools

  • Buckingham Elementary School
  • Pilot Butte Middle School
  • Mountain View Sr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 190384

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ivy Creek Est Subdivision

Building Details

  • Gross Income $36,052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: E on Neff, Rt on Covington Lane, unit at back of cul-de-sac.
  • Unit Levels: One
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Ivy Creek Est
  • Year Built: 1999
  • Attribution Contact: 503-496-7620
  • Total Gross Income: 36052.0
  • Co List Office Phone: 503-489-8170
  • Outside Inclusions: Appliances in both units, furniture, art, kitchen supplies, bedding, linens in Unit 1439
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Buckingham Elem
  • General Property Information Middle Or Junior School: Pilot Butte Middle
  • General Property Information High School: Mountain View Sr High
  • General Property Information:Zoning2: RM
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 10
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Flooring Simulated Wood: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Gas, Living Room
  • Flooring: Laminate, Simulated Wood, Tile
  • Interior Amenities: Fiberglass Stall Shower, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Vaulted Ceiling(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Courtyard, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Garden, Landscaped, Level
  • Other Structures: Shed(s)
  • Roof: Composition
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Lot Features:Garden: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Parking Features: Attached, Driveway, Garage Door Opener, On Street
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Buckingham Elem
  • High School: Mountain View Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 190384
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3300.0

Tax Info

  • Tax Annual Amount: 3799.74
  • Tax Block: 0
  • Tax Lot: 10
  • Tax Map Number: 171235BB
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 18, 2022
Sold by
Peter And Elaine Zenthoefer Family Trust
Bought by
Jeffcoat Eric and Jeffcoat Katharine B
Seller's Agent
Karen Lervold
The Agency Bend
Buyer's Agent
John Kromm
Real Broker
List Price
$799,000
Sold Price
$751,000
Premium/Discount to List
-$48,000
-6.01%
Views
2
Current Estimated Value
$736,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,605
Avg. Annual Appreciation
-0.55%
Original Mortgage
$318,000
Outstanding Balance
$306,023
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$432,775

Purchase Details

Listed on
Mar 19, 2021
Closed on
Mar 22, 2021
Sold by
Bailey Peter
Bought by
Zenthoefer Peter and Zenthoefer Elaine
Seller's Agent
Pete Bailey
Stellar Realty Northwest
Buyer's Agent
Karen Lervold
Redfin
List Price
$625,000
Sold Price
$675,000
Premium/Discount to List
$50,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$75,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 5, 2019
Sold by
Walker Thomas A and Fontana Walker Susan F
Bought by
Bailey Peter
Seller's Agent
Kit Korish
Duke Warner Realty
Buyer's Agent
Brook Criazzo
Stellar Realty Northwest
List Price
$415,000
Sold Price
$406,000
Premium/Discount to List
-$9,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.94%
Original Mortgage
$398,646
Interest Rate
4.37%
Mortgage Type
FHA
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
Jeffcoat Eric $751,000 First American Title
Zenthoefer Peter $675,000 First American Title
Bailey Peter $406,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffcoat Eric $318,000
Previous Owner Zenthoefer Peter $75,000
Previous Owner Bailey Peter $398,646
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $751,000 -6.0% $413 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $799,000 +18.4% $439 / Sq Ft
04/12/2021 04/12/21 Sold $675,000 +8.0% $371 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $625,000 +53.9% $344 / Sq Ft
04/12/2019 04/12/19 Sold $406,000 -2.2% $223 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $415,000 -- $228 / 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 $4,387 $261,990 -- --
2023 $4,066 $254,360 $0 $0
2022 $3,794 $239,770 $0 $0
2021 $3,800 $232,790 $0 $0
2020 $3,605 $232,790 $0 $0
2019 $3,504 $226,010 $0 $0
2018 $3,406 $219,430 $0 $0
2017 $3,306 $213,040 $0 $0
2016 $3,152 $206,840 $0 $0
2015 $3,065 $200,820 $0 $0
2014 $2,975 $194,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Lervold

    The Agency Bend

    (541) 797-1311

    2 in this area

    85 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    John Kromm

    Real Broker

    (541) 410-1201

    7 in this area

    88 Total Sales

    Section Image

  • S

    Buyer Co-Listing Agent in 2022

    Shannon Kromm

    Real Broker

    (541) 410-1889

    7 in this area

    74 Total Sales

    Section Image

  • P

    Seller's Agent in 2021

    Pete Bailey

    Stellar Realty Northwest

    (541) 508-3148

    1 in this area

    7 Total Sales

    Section Image
  • Kit Korish

    Seller's Agent in 2019

    Kit Korish

    Duke Warner Realty

    (541) 480-2335

    3 Total Sales

    Section Image
  • Brook Criazzo

    Buyer's Agent in 2019

    Brook Criazzo

    Stellar Realty Northwest

    (541) 508-3148

    6 in this area

    71 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220148647

Oregon Datashare

APN: 190384

Oregon Deschutes County Bend 97701 Mountain View

1437 NE Covington Ln, Bend, OR

This home is located at 1437 NE Covington Ln, Bend, OR 97701 since 24 June 2022 and is currently estimated at $744,134, approximately $409 per square foot. This property was built in 1999. 1437 NE Covington Ln is a home located in Deschutes County with nearby schools including Buckingham Elementary School, Pilot Butte Middle School, and Mountain View Senior High School.

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