NOT LISTED FOR SALE

Estimated Value: $1,111,851 - $1,511,000

8 Beds
6 Baths
4,453 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $1,431,000 $321 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,555/month

44 Days on Market

Highlights

  • Craftsman Architecture
  • Deck
  • Corner Lot
  • High Lakes Elementary School Rated A-
  • Territorial View
  • No HOA

About This Home

As of May 2023

Great Investment Opportunity on this Multi Family Property. Located on Bend's west side, just a few blocks from Newport Avenue, this 4 Unit Property provides a variety of options for the next owner. Property is 100 percent rented and has great rental history. New exterior paint. 5 Separate Garages and Parking Spaces provide rare storage and parking opportunities. One of the 4 units has been updated. Additional features include a common laundry room and an extra storage room. Contact Listing Agents for more information on this beautiful westside Investment Property.

Last Agent to Sell the Property

Caleb Anderson

Cascade Hasson SIR License #200711183 Listed on: 10/22/2022

Cascade Hasson SIR

Co-Listed By

Eleanor Anderson

Cascade Hasson SIR License #200504487

Last Buyer's Agent

Micah Frazier

eXp Realty, LLC License #201213649

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,725

Year Built

  • Built in 1995

Lot Details

  • 10,454 Sq Ft Lot
  • 1 Common Wall
  • Drip System Landscaping
  • Corner Lot

Home Design

  • Quadruplex
  • Craftsman Architecture
  • 2-Story Property
  • Cottage
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • Bathtub with Shower
  • Vinyl Clad Windows
  • Territorial Views
  • Natural lighting in basement

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Alley Access
  • Gravel Driveway

Eco-Friendly Details

  • Drip Irrigation

Outdoor Features

  • Deck
  • Patio

Schools

  • High Lakes Elementary School
  • Pacific Crest Middle School
  • Summit High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Exclusions: All tenants personal belongings.
  • Legal Lot and Block 18, 19, 20 / 10
  • Assessor Parcel Number 102041

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Kenwood Subdivision

Building Details

  • Professional Management Expense $513
  • Gross Income $5,700
  • Net Operating Income $4,913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,725

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow, Craftsman, Ranch
  • Unit Levels: One, Two
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Kenwood
  • Year Built: 1995
  • Total Gross Income: 5700.0
  • Professional Management Expense: 513.0
  • Co List Office Mls Id: ocSIR
  • Co List Office Phone: 541-383-7600
  • Co List Office Phone: 541-383-7600
  • MLS Status: Closed
  • ResoBuildingAreaSource: Other
  • General Property Information Elementary School: High Lakes Elem
  • General Property Information Middle Or Junior School: Pacific Crest Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: RM
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 18, 19, 20
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 10
  • Architectural Style Ranch: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Lot Features Drip System: Yes
  • Roof:Composition: Yes
  • Roof Asphalt2: Yes
  • Architectural Style Craftsman: Yes
  • Flooring Concrete: Yes
  • Foundation Details Slab: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Water Heater
  • Has Basement: Daylight
  • Flooring: Carpet, Concrete, Vinyl
  • Interior Amenities: Shower/Tub Combo
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Block, Brick, Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Block, Slab, Stemwall
  • Lot Features: Corner Lot, Drip System, Landscaped
  • Roof: Asphalt, Composition
  • View: Territorial
  • Exclusions: All tenants personal belongings.
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Alley Access, Asphalt, Attached, Driveway, Gravel, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: High Lakes Elem
  • High School: Summit High
  • Middle Or Junior School: Pacific Crest Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: 102041
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 4913.12
  • Annual Operating Expense: 786.88

Tax Info

  • Tax Annual Amount: 7725.03
  • Tax Block: 10
  • Tax Lot: 18, 19, 20
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
May 3, 2023
Sold by
1545 Nw 9Th Llc
Bought by
Cote Calvin Tower
Seller's Agent
Caleb Anderson
Cascade Hasson SIR
Buyer's Agent
Micah Frazier
eXp Realty, LLC
List Price
$1,495,000
Sold Price
$1,431,000
Premium/Discount to List
-$64,000
-4.28%
Views
26
Current Estimated Value
$1,297,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$133,509
Avg. Annual Appreciation
-4.25%
Original Mortgage
$1,144,800
Outstanding Balance
$1,109,460
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$168,253

Purchase Details

Closed on
Aug 16, 2018
Sold by
Miller David A
Bought by
1545 Nw 9Th Llc

Purchase Details

Listed on
Jul 17, 2017
Closed on
Aug 21, 2017
Sold by
Collier Larry J and Collier Joanne L
Bought by
Miller David A
Seller's Agent
Tina Tracy
Bend Real Estate, LLC
Buyer's Agent
Non Member
No Office
List Price
$785,000
Sold Price
$755,000
Premium/Discount to List
-$30,000
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$603,750
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2011
Sold by
Hauck Joann C
Bought by
Collier Larry J and Collier Joanne L

Purchase Details

Closed on
May 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hauck Joann C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,726
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2010
Sold by
Lakireddy Pullareddy
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,726
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Haritha Properties Llc
Bought by
Lakireddy Pullareddy

Purchase Details

Closed on
Feb 25, 2009
Sold by
Lakireddy Pullareddy and Lakireddy Nagendramma
Bought by
Lakireddy Pullareddy

Purchase Details

Closed on
Feb 18, 2008
Sold by
Lakireddy Pullareddy and Lakireddy Nagendramma
Bought by
Haritha Properties Llc

Purchase Details

Closed on
Jul 14, 2006
Sold by
Adams John C
Bought by
Bend Housing Investments Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2006
Sold by
Lakireddy Pullareddy
Bought by
Lakireddy Pullareddy and Lakireddy Negendramma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 24, 2003
Sold by
Anderson Sydne
Bought by
Adams John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.56%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cote Calvin Tower $1,431,000 Western Title
1545 Nw 9Th Llc -- None Available
Miller David A $755,000 First American Title
Collier Larry J $357,000 Western Title & Escrow Co
Hauck Joann C $278,302 Western Title & Escrow Co
Federal Home Loan Mortgage Corp $298,909 Accommodation
Lakireddy Pullareddy -- None Available
Lakireddy Pullareddy -- None Available
Haritha Properties Llc -- None Available
Bend Housing Investments Ii Llc -- First Amer Title Ins Co Or
Lakireddy Pullareddy -- Deschutes County Title Co
Lakireddy Pullareddy $650,000 Deschutes County Title Co
Adams John C -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cote Calvin Tower $1,144,800
Previous Owner Miller David A $603,750
Previous Owner Hauck Joann C $208,726
Previous Owner Lakireddy Pullareddy $487,500
Previous Owner Adams John C $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2023 05/03/23 Sold $1,431,000 0.0% $321 / Sq Ft
12/31/2022 12/31/22 Off Market $1,431,000 -- --
11/15/2022 11/15/22 Price Changed $1,445,000 -3.3% $325 / Sq Ft
10/21/2022 10/21/22 For Sale $1,495,000 0.0% $336 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $1,495,000 +98.0% $336 / Sq Ft
09/29/2017 09/29/17 Sold $755,000 -3.8% $170 / Sq Ft View Prior Sale
08/20/2017 08/20/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $785,000 -- $176 / 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
2025 $9,005 $532,980 -- --
2024 $8,664 $517,460 -- --
2023 $8,032 $502,390 $0 $0
2022 $7,493 $473,560 $0 $0
2021 $7,654 $459,770 $0 $0
2020 $7,120 $459,770 $0 $0
2019 $6,921 $446,380 $0 $0
2018 $6,726 $433,380 $0 $0
2017 $6,529 $420,760 $0 $0
2016 $6,226 $408,510 $0 $0
2015 $6,054 $396,620 $0 $0
2014 $5,875 $385,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220149855

Oregon Datashare

APN: 102041