NOT LISTED FOR SALE

1512 SW Lava Ave Redmond, OR 97756

Estimated Value: $457,000 - $570,000

4 Beds
3 Baths
1,930 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $193,000 $100 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $3,183/month

16 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Park
  • Territorial View
  • Patio
  • Landscaped

About This Home

As of May 2015

Well Taken Care of duplex in SW Redmond on spacious .24 Acre lot with RV parking. big bedrooms and single car garages. Close to schools and shopping. Good Condition inside and out. Landscaped with big back yards. Long term rental history with good ROI.

Last Listed By

Tim Davis

Tim Davis Group Central Oregon License #900700193 Listed on: 03/12/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Landscaped

Home Design

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

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Territorial Views
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 124033

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Banta Acres Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,459

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Banta Acres
  • Year Built: 1970
  • Co List Office Phone: 541-548-2400
  • 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: 1
  • Location Tax and Legal:Tax Block: 1
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Patio: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Park
  • Association: Yes
  • Community Features: Gas Available, Park

Association/Amenities

  • Association Amenities:Park: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 124033
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2458.55
  • Tax Block: 1
  • Tax Lot: 1
  • Tax Map Number: 151316CC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
May 13, 2015
Sold by
Roesch Scott P and Perkins Pondra S
Bought by
Gogol John and Barnes Hillary
Seller's Agent
Tim Davis
Tim Davis Group Central Oregon
Buyer's Agent
Mary Breeden
Windermere Realty Trust
List Price
$189,000
Sold Price
$193,000
Premium/Discount to List
$4,000
2.12%
Total Days on Market
16
Current Estimated Value
$515,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,116
Avg. Annual Appreciation
10.21%
Original Mortgage
$144,750
Outstanding Balance
$113,703
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$397,844

Purchase Details

Closed on
Oct 11, 2005
Sold by
Boatwright Richard D
Bought by
Roesch Scott P and Perkins Pondra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 2004
Sold by
Banta Judith J
Bought by
Boatwright Richard D

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
Gogol John $193,000 Western Title & Escrow
Roesch Scott P $225,000 Western Title & Escrow Co
Boatwright Richard D -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gogol John $144,750
Previous Owner Roesch Scott P $163,100
Previous Owner Roesch Scott P $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $193,000 +2.1% $100 / Sq Ft
03/27/2015 03/27/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $189,000 -- $98 / 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 $3,599 $178,600 -- --
2023 $3,441 $173,400 $0 $0
2022 $3,129 $163,450 $0 $0
2021 $3,025 $158,690 $0 $0
2020 $2,888 $158,690 $0 $0
2019 $2,762 $154,070 $0 $0
2018 $2,693 $149,590 $0 $0
2017 $2,630 $145,240 $0 $0
2016 $2,593 $141,010 $0 $0
2015 $2,408 $134,990 $0 $0
2014 -- $136,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Davis

    Seller's Agent in 2015

    Tim Davis

    Tim Davis Group Central Oregon

    (514) 548-1931

    234 Total Sales

    Tim Davis
    Section Image

  • M

    Buyer's Agent in 2015

    Mary Breeden

    Windermere Realty Trust

  • B

    Buyer Co-Listing Agent in 2015

    Brenda Johnson

    Windermere Realty Trust

    (541) 280-1535

    83 Total Sales

    Brenda Johnson
    Section Image
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Map

Source: Southern Oregon MLS

MLS Number: 201501978

Southern Oregon MLS

APN: 124033

Oregon Deschutes County Redmond 97756

1512 SW Lava Ave, Redmond, OR

Homes for Sale in Redmond, OR

This home is located at 1512 SW Lava Ave, Redmond, OR 97756 since 12 March 2015 and is currently estimated at $515,116, approximately $266 per square foot. This property was built in 1970. 1512 SW Lava Ave is a home located in Deschutes County with nearby schools including M.A. Lynch Elementary School, Obsidian Middle School, and Ridgeview High School.

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