NOT LISTED FOR SALE

1550 NE 5th St Redmond, OR 97756

Estimated Value: $548,733 - $595,000

4 Beds
4 Baths
2,580 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 22, 2022

Last sale price $521,000 $202 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,575/month

94 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Corner Lot
  • Territorial View
  • Traditional Architecture
  • No HOA

About This Home

As of February 2022

Investors!! Well cared for single level duplex on large corner lot. North unit 1552 was refurbished this year. $15,000 (supplies only) in repairs and upgrades: paint, laminate and vinyl flooring, window coverings, garage door opener, light fixtures, tub enclosure. Both sides have been regularly and professionally maintained. Each unit is 1290 sqft., but with different floorplans. Back yard is fully fenced. Excellent rental history. Current rents have considerate room for future increases.

Last Agent to Sell the Property

Tim Davis

Tim Davis Group Central Oregon License #900700193 Listed on: 10/08/2021

Co-Listed By

Mike Prescott

Tim Davis Group Central Oregon License #201203121

Last Buyer's Agent

Corey Clark

Century 21 North Homes Realty License #200506069

Century 21 North Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,430

Year Built

  • Built in 2001

Lot Details

  • 10,019 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

Property Views

  • Territorial
  • Neighborhood

Home Design

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

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Walk-In Closet
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

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

Schools

  • M A Lynch Elementary School
  • Elton Gregory Middle School
  • Redmond High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Negus Villas Subdivision

Listing and Financial Details

  • Exclusions: Washer/Dryer; Fridge in 1550; Tenants' personal property
  • Tax Lot 1
  • Assessor Parcel Number 202713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,430

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Head East on Maple from NW 6th St. across Maple Street bridge. South on NE 5th.
  • Unit Levels: One
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Negus Villas
  • Year Built: 2001
  • Co List Office Mls Id: ocDAVIS
  • Co List Office Phone: 541-548-2400
  • Co List Office Phone: 541-548-2400
  • Outside Inclusions: Range/Oven; Dishwasher; Fridge and countertop microwave in 1552
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: M A Lynch Elem
  • General Property Information Middle Or Junior School: Elton Gregory Middle
  • General Property Information High School: Redmond High
  • General Property Information:Zoning2: R5
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Appliances Microwave: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Linen Closet, Open Floorplan, Pantry, Primary Downstairs, Shower/Tub Combo, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: 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:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features Linen Closet: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Corner Lot, Fenced, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Exclusions: Washer/Dryer; Fridge in 1550; Tenants' personal property
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, 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:Concrete2: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • 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:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: M A Lynch Elem
  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 202713
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4429.85
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Map Number: 151310BA002300
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Feb 17, 2022
Sold by
Robert J Chiechi And Xue Zhao Living Tru
Bought by
Cox Ronald Gregory
Seller's Agent
Tim Davis
Tim Davis Group Central Oregon
Buyer's Agent
Corey Clark
Century 21 North Homes Realty
List Price
$534,750
Sold Price
$521,000
Premium/Discount to List
-$13,750
-2.57%
Current Estimated Value
$575,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,683
Avg. Annual Appreciation
3.07%
Original Mortgage
$96,000
Outstanding Balance
$89,986
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$489,085

Purchase Details

Closed on
Apr 26, 2018
Sold by
Chiechi Robert J and Robert J Chiechi Separate Property Trust
Bought by
Robert J Chiechi And Xue Zhao Living Trust and Chiechi

Purchase Details

Closed on
Apr 17, 2018
Sold by
Chiechi Robert J
Bought by
Chiechi Robert J and Zhao Xue

Purchase Details

Listed on
Jul 13, 2016
Closed on
Jul 29, 2016
Sold by
Diangelo Mary
Bought by
Robert J Chiechi Separate Property Trust
Seller's Agent
Laurie Lyons
The Starbuck Group
Buyer's Agent
Mark Ford
RE/MAX Key Properties
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Diangelo Mary
Bought by
Diangelo Mary and Anthony & Mary Di Angelo Survivors Trust
Source: Public Records

Range of Values:

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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
Cox Ronald Gregory $521,000 Deschutes County Title
Robert J Chiechi And Xue Zhao Living Trust -- None Listed On Document
Chiechi Robert J -- None Available
Robert J Chiechi Separate Property Trust $260,000 Western Title & Escrow
Diangelo Mary -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Ronald Gregory $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $521,000 -2.6% $202 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
10/08/2021 10/08/21 For Sale $534,750 +105.7% $207 / Sq Ft
08/01/2016 08/01/16 Sold $260,000 -3.7% $101 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $269,900 -- $105 / 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 $5,270 $261,530 -- --
2023 $5,039 $253,920 $0 $0
2022 $4,581 $239,350 $0 $0
2021 $4,430 $232,380 $0 $0
2020 $4,230 $232,380 $0 $0
2019 $4,045 $225,620 $0 $0
2018 $3,944 $219,050 $0 $0
2017 $3,850 $212,670 $0 $0
2016 $3,797 $206,480 $0 $0
2015 $3,511 $196,860 $0 $0
2014 $3,140 $174,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Davis

    Seller's Agent in 2022

    Tim Davis

    Tim Davis Group Central Oregon

    (514) 548-1931

    87 in this area

    218 Total Sales

    Tim Davis
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Mike Prescott

    Tim Davis Group Central Oregon

  • Corey Clark

    Buyer's Agent in 2022

    Corey Clark

    Century 21 North Homes Realty

    (541) 548-2131

    25 in this area

    82 Total Sales

    Corey Clark
    Section Image

  • L

    Seller's Agent in 2016

    Laurie Lyons

    The Starbuck Group

  • K

    Seller Co-Listing Agent in 2016

    Kelly Starbuck

    The Starbuck Group

    (503) 838-6416

    9 in this area

    15 Total Sales

    Kelly Starbuck
    Section Image
  • Mark Ford

    Buyer's Agent in 2016

    Mark Ford

    RE/MAX

    1 in this area

    5 Total Sales

    Mark Ford
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 220133471

Oregon Datashare

APN: 202713

Oregon Deschutes County Redmond 97756

1550 NE 5th St, Redmond, OR

This home is located at 1550 NE 5th St, Redmond, OR 97756 since 08 October 2021 and is currently estimated at $575,683, approximately $223 per square foot. This property was built in 2001. 1550 NE 5th St is a home located in Deschutes County with nearby schools including M.A. Lynch Elementary School, Elton Gregory Middle School, and Redmond High School.

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