Seller's Agent in 2022
Kristie Schmitt
Compass Commercial Real Estate
(541) 527-5515
3 in this area
8 Total Sales
1601 SW Salmon Ave Unit 1601-1607 Redmond, OR 97756
Estimated Value: $841,000 - $953,000
12
Beds
8
Baths
4,392
Sq Ft
$207/Sq Ft
Est. Value
Highlights
- Deck
- No HOA
- Double Pane Windows
- Traditional Architecture
- Neighborhood Views
- 4-minute walk to Raprd Activity Center
About This Home
As of May 2022Fully leased 4-plex with great rental history. Ideal location close to in-town amenities and quick access to Hwy 97. Each of the four units is 3 BD/2 BA, 1,098 SF, allocated detached storage shed per unit, and includes backyard or deck. Exterior was recently painted and all windows were replaced. May be sold with 1621-1627 SW Salmon 4-plex. Annual rent increases reflected in MLS shall be effective 8/1/2022.
Last Agent to Sell the Property
Compass Commercial Real Estate License #201219020 Listed on: 04/15/2022
Last Buyer's Agent
Ken Renner
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,112
Year Built
- Built in 2002
Lot Details
- 0.3 Acre Lot
- 1 Common Wall
- Landscaped
- Level Lot
Home Design
- Quadruplex
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Double Pane Windows
- Aluminum Window Frames
- Neighborhood Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- No Garage
- Parking Lot
Outdoor Features
- Courtyard
- Deck
- Shed
- Storage Shed
Schools
- M A Lynch Elementary School
- Obsidian Middle School
- Ridgeview High School
Utilities
- No Cooling
- Heating Available
- Water Heater
Community Details
- No Home Owners Association
- 4 Units
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Tax Lot 03204
- Assessor Parcel Number 205921
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2022
Closed on
May 24, 2022
Sold by
Pacific River Properties Llc
Bought by
Deford Karen and Deford John
Seller's Agent
Kristie Schmitt
Compass Commercial Real Estate
Buyer's Agent
Ken Renner
List Price
$939,000
Sold Price
$939,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,559
Avg. Annual Appreciation
-0.88%
Original Mortgage
$539,000
Outstanding Balance
$510,109
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$400,332
Purchase Details
Closed on
Dec 7, 2012
Sold by
Allen Steven D and Allen Amanda B
Bought by
Pacific River Properties Llc
Purchase Details
Closed on
Mar 15, 2007
Sold by
Riemenschneider Robert L
Bought by
Allen Steven D and Allen Amanda B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,300
Interest Rate
5.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 5, 2006
Sold by
Schultz Ruth A
Bought by
Riemenschneider Robert L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 4, 2004
Sold by
Fitzsimons Tyler C
Bought by
Schultz Ruth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
7.85%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deford Karen | $939,000 | First American Title | |
| Pacific River Properties Llc | -- | None Available | |
| Allen Steven D | $325,000 | First Amer Title Ins Co Or | |
| Riemenschneider Robert L | $120,000 | First Amer Title Ins Co Or | |
| Schultz Ruth A | $325,000 | First Amer Title Ins Co Or |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deford Karen | $539,000 | |
| Previous Owner | Allen Steven D | $205,300 | |
| Previous Owner | Riemenschneider Robert L | $60,000 | |
| Previous Owner | Schultz Ruth A | $105,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $939,000 | 0.0% | $214 / Sq Ft |
| 04/21/2022 04/21/22 | Pending | -- | -- | -- |
| 04/15/2022 04/15/22 | For Sale | $939,000 | -- | $214 / Sq Ft |
Source: Oregon Datashare
Tax History Compared to Growth
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 | $7,578 | $371,670 | -- | -- |
| 2024 | $7,271 | $360,850 | -- | -- |
| 2023 | $6,953 | $350,340 | $0 | $0 |
| 2022 | $6,321 | $330,240 | $0 | $0 |
| 2021 | $6,112 | $320,630 | $0 | $0 |
| 2020 | $5,836 | $320,630 | $0 | $0 |
| 2019 | $5,581 | $311,300 | $0 | $0 |
| 2018 | $5,442 | $302,240 | $0 | $0 |
| 2017 | $5,313 | $293,440 | $0 | $0 |
| 2016 | $5,239 | $284,900 | $0 | $0 |
| 2015 | $5,035 | $276,610 | $0 | $0 |
| 2014 | $4,557 | $253,770 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristie Schmitt
-
Pat Kesgard
Seller Co-Listing Agent in 2022
Pat Kesgard
Compass Commercial Real Estate
(541) 325-2509
3 in this area
6 Total Sales
-
K
Buyer's Agent in 2022
Ken Renner
Map
Source: Oregon Datashare
MLS Number: 220143423
APN: 205921
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