NOT LISTED FOR SALE

1622 NW 1st St Bend, OR 97701

River West Neighborhood

Estimated Value: $1,206,000 - $1,616,000

8 Beds
4 Baths
4,136 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $410,000 $99 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $7,869/month

118 Days on Market

Highlights

  • Territorial View
  • Carpet
  • 3-minute walk to First Street Rapids Park
  • High Lakes Elementary School Rated A-
  • Wall Furnace

About This Home

As of May 2013

Updated 4-plex in highly desirable NW Bend close to river trail. 2 units are upstairs, 2 units are ground level. Large living/dining/kitchen area. Smallest bedroom has the dryer in the closet, but is certainly large enough for a bedroom or office. Washing machine located in hall closet. Plenty of off-street parking. Large .21 acre corner lot has fantastic potential for further development.

Last Agent to Sell the Property

Becky Ozrelic

Premiere Property Group, LLC License #870800034 Listed on: 12/07/2012

Last Buyer's Agent

Brook Criazzo

Stellar Realty Northwest License #200408079

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,018

Year Built

  • Built in 1972

Lot Details

  • 9,148

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Shake Roof
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 9,148 Sq Ft Lot
  • Wall Furnace

Community Details

  • 4 Units
  • River Terrace Subdivision

Listing and Financial Details

  • Exclusions: All washers/dryers (belong to tenants)
  • Legal Lot and Block 7+pt. 6 / 8
  • Assessor Parcel Number 103243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,018

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Lot Size Acres: 0.21
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: River Terrace
  • Year Built: 1972
  • Co List Office Phone: 541-241-6860
  • Outside Inclusions: All stoves, refrigerator & dishwashers
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 7+pt. 6
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 8
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Roof:Tile2: Yes
  • Foundation Details Slab: Yes
  • Roof:Shake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Builder Name: Unknown
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition, Shake, Tile
  • View: Territorial
  • Exclusions: All washers/dryers (belong to tenants)
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 103243
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4018.0
  • Tax Block: 8
  • Tax Lot: 7+pt. 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2012
Closed on
May 22, 2013
Sold by
1St Avenue Properties Llc
Bought by
Oneil Thomas S
Seller's Agent
Becky Ozrelic
Premiere Property Group, LLC
Buyer's Agent
Brook Criazzo
Stellar Realty Northwest
List Price
$437,500
Sold Price
$410,000
Premium/Discount to List
-$27,500
-6.29%
Current Estimated Value
$1,390,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$980,442
Avg. Annual Appreciation
10.25%
Original Mortgage
$307,500
Outstanding Balance
$215,572
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$1,174,870

Purchase Details

Closed on
Sep 13, 2004
Sold by
Borne Donnel V and Groves Dean R
Bought by
1St Street Properties Llc

Purchase Details

Closed on
Jul 2, 2004
Sold by
Jurgenson Kurt M and Jurgenson Mollie A
Bought by
Borne Donnel and Groves Dean R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.27%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oneil Thomas S $410,000 Amerititle
1St Street Properties Llc -- None Available
Borne Donnel $380,000 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneil Thomas S $307,500
Previous Owner Borne Donnel $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $410,000 -6.3% $99 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $437,500 -- $106 / 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 $6,577 $389,250 -- --
2024 $6,328 $377,920 -- --
2023 $5,866 $366,920 $0 $0
2022 $5,473 $345,870 $0 $0
2021 $5,481 $335,800 $0 $0
2020 $5,200 $335,800 $0 $0
2019 $5,055 $326,020 $0 $0
2018 $4,913 $316,530 $0 $0
2017 $4,769 $307,320 $0 $0
2016 $4,547 $298,370 $0 $0
2015 $4,421 $289,680 $0 $0
2014 $4,291 $281,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Becky Ozrelic

    Premiere Property Group, LLC

  • Brook Criazzo

    Buyer's Agent in 2013

    Brook Criazzo

    Stellar Realty Northwest

    (541) 508-3148

    5 in this area

    67 Total Sales

    Brook Criazzo
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Map

Source: Oregon Datashare

MLS Number: 201209231

Oregon Datashare

APN: 103243

Oregon Deschutes County Bend 97701 River West

1622 NW 1st St, Bend, OR

Not Listed for Sale

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