NOT LISTED FOR SALE

1461 NE Covington Ln Unit 1459 Bend, OR 97701

Mountain View Neighborhood

Estimated Value: $679,130 - $930,000

4 Beds
4 Baths
2,089 Sq Ft
$385/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $435,000 $208 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,766/month

72 Days on Market

Highlights

  • Northwest Architecture
  • Landscaped
  • Wall Furnace
  • No HOA
  • Carpet

About This Home

As of December 2018

This is a great location close to everything important like medical, shopping and great restaurants. Good tenants with rental history. Large corner lot in a cul de sac.

Last Agent to Sell the Property

Terry Blackwell

Blackwell Realty LLC License #780301684 Listed on: 09/08/2018

Last Buyer's Agent

Jana Lamirande

Fred Real Estate Group License #201221175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,785

Year Built

  • Built in 1998

Lot Details

  • 8,712 Sq Ft Lot
  • Landscaped

Parking

  • Shared Driveway

Home Design

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

Flooring

  • Carpet
  • Vinyl

Schools

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

Additional Features

  • 2-Story Property
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 190386

Community Details

Overview

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

Building Details

  • Professional Management Expense $1,284
  • Gross Income $27,300
  • Net Operating Income $18,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,785

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: Ivy Creek Est
  • Year Built: 1998
  • Total Gross Income: 27300.0
  • Professional Management Expense: 1284.0
  • Co List Office Phone: 541-389-8937
  • Outside Inclusions: Refrigerator; Refrigerator
  • 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
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 8
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 0
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style Northwest: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Backflow Domestic, Public, Water Meter
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

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

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 190386
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 18140.0
  • Annual Operating Expense: 9160.0

Tax Info

  • Tax Annual Amount: 3784.66
  • Tax Block: 0
  • Tax Lot: 8
  • Tax Map Number: 171235BB
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Moran Kenneth Wayne and Morgan Ashley
Bought by
Pavlovich Nicholas Stephen and Pavlovich Laura Duancan
Current Estimated Value
$796,329

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 6, 2018
Sold by
Anderson Launa G
Bought by
Morgan Kenneth Wayne and Morgan Ashley
Seller's Agent
Terry Blackwell
Blackwell Realty LLC
Buyer's Agent
Jana Lamirande
Fred Real Estate Group
List Price
$470,000
Sold Price
$435,000
Premium/Discount to List
-$35,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$304,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Pavlovich Nicholas Stephen $799,000 First American Title
Morgan Kenneth Wayne $435,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livin Nick $400,000
Previous Owner Morgan Kenneth Wayne $420,000
Previous Owner Morgan Kenneth Wayne $304,000
Previous Owner Anderson James P $199,500
Previous Owner Anderson James P $177,500
Previous Owner Anderson James P $185,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $435,000 -7.4% $208 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
09/03/2018 09/03/18 For Sale $470,000 -- $225 / 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 $4,875 $291,160 -- --
2023 $4,519 $282,680 $0 $0
2022 $4,216 $266,460 $0 $0
2021 $4,223 $258,700 $0 $0
2020 $4,006 $258,700 $0 $0
2019 $3,895 $251,170 $0 $0
2018 $3,785 $243,860 $0 $0
2017 $3,674 $236,760 $0 $0
2016 $3,503 $229,870 $0 $0
2015 $3,406 $223,180 $0 $0
2014 $3,306 $216,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201809289

Oregon Datashare

APN: 190386