NOT LISTED FOR SALE

1621 SW Salmon Ave Unit 1621-1627 Redmond, OR 97756

Estimated Value: $860,853 - $973,000

12 Beds
8 Baths
4,392 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $875,000 $199 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,766/month

63 Days on Market

Highlights

  • Deck
  • No HOA
  • Double Pane Windows
  • Traditional Architecture
  • Neighborhood Views
  • 4-minute walk to Raprd Activity Center

About This Home

As of July 2022

Price Reduction! Fully 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.

Last Listed By

Kristie Schmitt

Compass Commercial Real Estate License #201219020 Listed on: 04/15/2022

Compass Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,967

Year Built

  • Built in 2002

Lot Details

  • 0.31 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

Laundry

  • Dryer
  • Washer

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

Listing and Financial Details

  • Tax Lot 03202
  • Assessor Parcel Number 205919

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,967

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.31
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2002
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 03202
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring:Tile: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Architectural Style Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Other Structures:Storage: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Tile
  • Window Features: Aluminum Frames, Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Courtyard, Deck
  • Foundation Details: Slab
  • Lot Features: Landscaped, Level
  • Other Structures: Shed(s), Storage
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Aluminum Frames: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Parking Features: Asphalt, No Garage, Parking Lot
  • Attached Garage: No
  • Parking Features:Asphalt: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: None
  • Heating: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: M A Lynch Elem
  • High School: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 13503.6
  • Parcel #: 205919
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5967.28
  • Tax Lot: 03202
  • Tax Map Number: 151321BC
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 30, 2022
Sold by
Pacific River Properties Llc
Bought by
Williams Buster and Chen Mei
Seller's Agent
Kristie Schmitt
Compass Commercial Real Estate
Buyer's Agent
Kristie Schmitt
Compass Commercial Real Estate
List Price
$959,000
Sold Price
$875,000
Premium/Discount to List
-$84,000
-8.76%
Total Days on Market
63
Current Estimated Value
$928,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,713
Avg. Annual Appreciation
3.33%
Original Mortgage
$610,000
Outstanding Balance
$590,794
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$370,805

Purchase Details

Closed on
Dec 7, 2012
Sold by
Allen Steven D and Allen Amanda
Bought by
Pacific River Properties Llc

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
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2008
Sold by
Chandler Michael D
Bought by
Allen Steven D and Allen Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,775
Interest Rate
6.47%
Mortgage Type
Unknown

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
Pacific River Properties Llc -- None Available
Allen Steven D $259,700 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Buster $610,000
Previous Owner Allen Steven D $180,000
Previous Owner Allen Steven D $194,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $875,000 -2.7% $199 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $899,000 -2.2% $205 / Sq Ft
06/01/2022 06/01/22 Price Changed $919,000 -2.1% $209 / Sq Ft
04/28/2022 04/28/22 Price Changed $939,000 -2.1% $214 / Sq Ft
04/15/2022 04/15/22 For Sale $959,000 -- $218 / 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 $7,099 $352,310 -- --
2023 $6,789 $342,050 $0 $0
2022 $6,171 $322,420 $0 $0
2021 $5,967 $313,030 $0 $0
2020 $5,697 $313,030 $0 $0
2019 $5,449 $303,920 $0 $0
2018 $5,313 $295,070 $0 $0
2017 $5,187 $286,480 $0 $0
2016 $5,115 $278,140 $0 $0
2015 $4,959 $270,040 $0 $0
2014 $4,596 $255,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristie Schmitt

    Seller's Agent in 2022

    Kristie Schmitt

    Compass Commercial Real Estate

    (541) 527-5515

    8 Total Sales

    Kristie Schmitt
    Section Image
  • Pat Kesgard

    Seller Co-Listing Agent in 2022

    Pat Kesgard

    Compass Commercial Real Estate

    (541) 325-2509

    7 Total Sales

    Pat Kesgard
    Section Image
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Map

Source: Southern Oregon MLS

MLS Number: 220143424

Southern Oregon MLS

APN: 205919

Oregon Deschutes County Redmond 97756

1621 SW Salmon Ave Unit 1621-1627, Redmond, OR

Homes for Sale in Redmond, OR

This home is located at 1621 SW Salmon Ave Unit 1621-1627, Redmond, OR 97756 since 15 April 2022 and is currently estimated at $928,713, approximately $211 per square foot. This property was built in 2002. 1621 SW Salmon Ave Unit 1621-1627 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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