NOT LISTED FOR SALE

1644 NE Lotus Dr Unit 1&2 Bend, OR 97701

Mountain View Neighborhood

Estimated Value: $747,000 - $772,000

6 Beds
4 Baths
3,072 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $459,900 $150 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,473/month

20 Days on Market

Highlights

  • City View
  • Deck
  • No HOA
  • Juniper Elementary School Rated A-
  • Traditional Architecture
  • Attached Garage

About This Home

As of June 2019

Duplex in great location at the base of Pilot Butte, near St. Charles & COSTCO in beautiful Bend. Each unit has 3 B/R, 2.5 BA, bonus room on 3rd floor, and garage. Features: gas fireplace in L/R, open concept, kitchen appliances included, additional driveway parking, fenced back deck area, W&D Hookups, and more. Location near shopping, dining, and medical facilities. Excellent rental potential for both sides, or live in one side while you rent the other. Seller is participating in a 1031 Exchange.

Last Agent to Sell the Property

Marguerite Cummings

Cascade Hasson SIR License #800904216 Listed on: 03/22/2019

Last Buyer's Agent

Brandon Kearney

Cascade Hasson SIR License #201208577

Cascade Hasson SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 2003

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced

Property Views

  • City
  • Territorial

Home Design

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

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

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

Bedrooms and Bathrooms

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

Parking

  • Attached Garage
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Juniper Elementary School
  • Pilot Butte Middle School
  • Mountain View Sr High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Exclusions: Washer/dryer; Tenants' personal property
  • Tax Lot 57
  • Assessor Parcel Number 207864

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Pines At Pilot Butte Subdivision

Building Details

  • Gross Income $32,075
  • Net Operating Income $24,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,365

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: Pines At Pilot Butte
  • Year Built: 2003
  • Total Gross Income: 32075.0
  • Co List Office Phone: 541-588-6614
  • Outside Inclusions: Kitchen appliances
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Juniper Elem
  • General Property Information Middle Or Junior School: Pilot Butte Middle
  • General Property Information High School: Mountain View Sr High
  • General Property Information:Zoning2: RM
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 57
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: -
  • Appliances Microwave: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Roof:Composition: Yes
  • Cooling:Zoned: Yes
  • View:City3: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Fireplace Features: Gas, Living Room
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Linen Closet, Pantry, Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: 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

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced
  • Roof: Composition
  • View: City, Territorial
  • Exclusions: Washer/dryer; Tenants' personal property
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Assigned, Attached, Driveway, Shared Driveway, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Zoned
  • Heating: Electric, Natural Gas, Wall Furnace, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Juniper Elem
  • High School: Mountain View Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 207864
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 24325.0

Tax Info

  • Tax Annual Amount: 4364.93
  • Tax Block: -
  • Tax Lot: 57
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Donahue Bryan
Bought by
Tres Comas Llc
Current Estimated Value
$757,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,125
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2021
Sold by
Pacific Northern Properties I Llc
Bought by
Donahue Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,125
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jun 11, 2019
Sold by
1644Lotus Llc
Bought by
2003 Kenneth E Ferrasci Revocable Trust
Seller's Agent
Marguerite Cummings
Cascade Hasson SIR
Buyer's Agent
Brandon Kearney
Cascade Hasson SIR
List Price
$475,000
Sold Price
$459,900
Premium/Discount to List
-$15,100
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Jan 31, 2018
Sold by
Konez Orhan and Konez Elizabeth
Bought by
1644Lotus Llc

Purchase Details

Closed on
Jan 1, 2018
Sold by
Konez Orhan and Konez Elizabeth
Bought by
1644 Lotus Llc

Purchase Details

Closed on
Jan 27, 2011
Sold by
Wells Fargo Bank N A
Bought by
Konez Orhan and Konez Elizabeth H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2010
Sold by
Young Steven A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 13, 2007
Sold by
Young Steven A
Bought by
Young Enterprises Bend Llc
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
Tres Comas Llc -- First American Title
Donahue Bryan $617,500 First American Title
2003 Kenneth E Ferrasci Revocable Trust $459,900 First American
1644Lotus Llc -- None Listed On Document
1644 Lotus Llc -- None Available
Konez Orhan $160,000 Service Link
Wells Fargo Bank Na $145,028 Amerititle
Young Enterprises Bend Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donahue Bryan $463,125
Previous Owner Konez Orhan $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $459,900 -3.2% $150 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $475,000 -- $155 / 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 $5,844 $345,870 -- --
2024 $5,622 $335,800 -- --
2023 $5,212 $326,020 $0 $0
2022 $4,863 $307,320 $0 $0
2021 $4,870 $298,370 $0 $0
2020 $4,620 $298,370 $0 $0
2019 $4,492 $289,680 $0 $0
2018 $4,365 $281,250 $0 $0
2017 $4,237 $273,060 $0 $0
2016 $4,041 $265,110 $0 $0
2015 $3,896 $257,390 $0 $0
2014 $3,711 $249,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marguerite Cummings

    Cascade Hasson SIR

  • B

    Buyer's Agent in 2019

    Brandon Kearney

    Cascade Hasson SIR

    (541) 693-4119

    5 in this area

    56 Total Sales

    Brandon Kearney
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Map

Source: Oregon Datashare

MLS Number: 201901928

Oregon Datashare

APN: 207864

Oregon Deschutes County Bend 97701 Mountain View

1644 NE Lotus Dr Unit 1&2, Bend, OR

Not Listed for Sale

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