NOT LISTED FOR SALE

1521 SW Rimrock Dr Madras, OR 97741

Estimated Value: $339,000 - $376,000

3 Beds
2 Baths
1,560 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $124,900 $80 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $2,220/month

133 Days on Market

Highlights

  • 0.77 Acre Lot
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Deck
  • Territorial View
  • Loft

About This Home

As of May 2016

This is a one of a kind home, located in a very nice, quiet neighborhood. It feels like you are in the country, yet you are just minutes from downtown. It has lots of wood, huge vaulted ceilings, and a large covered deck. The corner lot is 3/4 acre, and features a spot to park your RV. Call now!

Last Agent to Sell the Property

John Walker

Bend Real Estate, LLC License #860300201 Listed on: 03/08/2016

Co-Listed By

Tina Tracy

Bend Real Estate, LLC License #200701088

Last Buyer's Agent

Inez Martin

Harcourts The Garner Group Real Estate License #201213131

Harcourts The Garner Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,163

Year Built

  • Built in 1979

Lot Details

  • 0.77 Acre Lot
  • Property is zoned RS, RS

Parking

  • Workshop in Garage

Home Design

  • Contemporary Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Loft
  • Territorial Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Schools

  • Madras High School

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Septic Tank

Community Details

  • No Home Owners Association
  • Junijc Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number 1851

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,163

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Lot Size Acres: 0.77
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: JuniJC
  • Year Built: 1979
  • Co List Office Mls Id: ocBENDRE
  • Co List Office Phone: 541-383-3082
  • Co List Office Phone: 541-383-3082
  • MLS Status: Closed
  • General Property Information High School: Madras High
  • General Property Information:Zoning2: RS
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Location Tax and Legal:Tax Lot: 5
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 2
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Workshop: Yes
  • Flooring:Vinyl: Yes
  • Water Source Private: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Rooms Eating Area: Yes
  • Other Structures:Storage: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Other Rooms:Family Room2: Yes
  • Other Rooms:Loft: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Other Structures: Storage, Workshop
  • Roof: Composition
  • View: Territorial
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Workshop in Garage, Other
  • Attached Garage: No
  • Parking Features:Workshop in Garage: Yes

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Septic Tank
  • Water Source: Private
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • High School: Madras High

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 1851
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RS
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2162.92
  • Tax Block: 2
  • Tax Lot: 5
  • Tax Map Number: 111314BC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2019
Sold by
Creason Nick A and Creason Joleigh R
Bought by
Creason Nick A
Current Estimated Value
$360,576

Purchase Details

Listed on
Mar 8, 2016
Closed on
May 16, 2016
Sold by
Fannie Mae
Bought by
Creason Nick A and Creason Joleigh R
Seller's Agent
John Walker
Bend Real Estate, LLC
Buyer's Agent
Inez Martin
Harcourts The Garner Group Real Estate
List Price
$138,000
Sold Price
$124,900
Premium/Discount to List
-$13,100
-9.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$121,450
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2015
Sold by
Holcomb Mildred I and Bramhall Diane M
Bought by
Onewest Bank Na and Federal National Mortgage Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
Holcomb Duane C
Bought by
Holcomb Duane C and Holcomb Mildred I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,240
Interest Rate
6.02%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Creason Nick A -- Nationallink
Creason Nick A $124,900 Lawyers Title
Onewest Bank Na -- None Available
Holcomb Duane C -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creason Nick A $115,700
Closed Creason Nick A $121,450
Previous Owner Holcomb Duane C $300,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2016 05/17/16 Sold $124,900 -9.5% $80 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
11/12/2015 11/12/15 For Sale $138,000 -- $88 / 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 $3,104 $186,220 -- --
2023 $2,882 $180,800 $0 $0
2022 $2,850 $175,540 $0 $0
2021 $2,719 $170,430 $0 $0
2020 $2,668 $165,470 $0 $0
2019 $2,570 $160,660 $0 $0
2018 $2,487 $155,990 $0 $0
2017 $2,390 $151,450 $0 $0
2016 $2,308 $147,040 $0 $0
2015 $2,153 $142,760 $0 $0
2014 $2,153 $138,610 $0 $0
2013 -- $127,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201510984

Oregon Datashare

APN: 111314-BC-00800