NOT LISTED FOR SALE

1686 NE Lotus Dr Bend, OR 97701

Mountain View Neighborhood

Estimated Value: $893,000 - $948,537

4 Beds
7 Baths
2,712 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $880,000 $324 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,460/month

3 Days on Market

Highlights

  • Northwest Architecture
  • Neighborhood Views
  • Landscaped
  • Juniper Elementary School Rated A-
  • Double Pane Windows
  • Trails

About This Home

As of November 2021

Hard to find Triplex in the Bend Opportunity Zone. Great cash flow and low maintenance. Professionally managed. Close to Hospital, Whole foods, Costco and hiking trails at Pilot Butte. Unit #1 and #2 are 2 bedroom, 2.5 bath, rented at $1700 and $1475. Unit #3 is a furnished studio, rented at $2550, but includes utilities. Each unit has slider to private deck/patio and one car garage. Showings with accepted offer. Seller is related to listing agent.

Last Agent to Sell the Property

Andy Stearns

MyLuckyHouse Inc. License #201201064 Listed on: 10/01/2021

Last Buyer's Agent

David Keyte

eXp Realty, LLC License #201225182

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,733

Year Built

  • Built in 2004

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Backyard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $76 Monthly HOA Fees

Home Design

  • Triplex
  • Northwest Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Neighborhood Views

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 207870

Community Details

Overview

  • 3 Units
  • Built by Cam Meyer
  • Pines At Pilot Butte Subdivision

Recreation

  • Trails

Building Details

  • Professional Management Expense $8,500
  • Gross Income $661,500
  • Net Operating Income $52,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,733

Year Built

Built in 2004

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Surface Type: Paved
  • Subdivision Name: Pines At Pilot Butte
  • Year Built: 2004
  • Total Gross Income: 661500.0
  • Professional Management Expense: 8500.0
  • Co List Office Phone: 541-815-8200
  • 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
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Community Features Trail(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 61
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Architectural Style Northwest: Yes
  • Foundation Details Slab: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Electric
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Laminate Counters
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Appliances:Cooktop: Yes
  • Fireplace Features:Electric: Yes

Exterior Features

  • Builder Name: Cam Meyer
  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Lot Features: Landscaped, Level, Sprinkler Timer(s), Sprinklers In Rear
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Driveway, Garage Door Opener
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: None
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 229.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Trail(s)

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 229.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 207870
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 52000.0
  • Annual Operating Expense: 13950.0

Tax Info

  • Tax Annual Amount: 4733.0
  • Tax Lot: 61
  • Tax Map Number: 171234BA
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 22, 2021
Sold by
Stearns Carole and Carole Stearns Living Trust
Bought by
Lacerda Joe
Seller's Agent
Andy Stearns
MyLuckyHouse Inc.
Buyer's Agent
David Keyte
eXp Realty, LLC
List Price
$850,000
Sold Price
$880,000
Premium/Discount to List
$30,000
3.53%
Current Estimated Value
$924,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,884
Avg. Annual Appreciation
1.44%

Purchase Details

Listed on
Nov 14, 2018
Closed on
Jan 2, 2019
Sold by
Hardwick Greg
Bought by
Stearns Carole and Carole Stearns Living Trust
Seller's Agent
Misty Rupe
Ideal Realty LLC
Buyer's Agent
Andy Stearns
List Price
$559,900
Sold Price
$560,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.80%
Original Mortgage
$323,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 9, 2015
Closed on
Oct 13, 2015
Sold by
Yaqoub Janty N
Bought by
Hardwick Greg and Hardwick Catherine
Seller's Agent
Jen Bowen
Coldwell Banker Bain
Buyer's Agent
Andy Stearns
MyLuckyHouse Inc.
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$314,250
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Yaqoub Janty N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,293
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2009
Sold by
Judd Linda Ann
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Jun 19, 2009
Sold by
Suntrust Mortgage Inc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 26, 2006
Sold by
Lomas Howard
Bought by
Judd Linda Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,920
Interest Rate
7.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 2005
Sold by
Meyer Charlotte
Bought by
Carroll Michelle

Purchase Details

Closed on
Jul 5, 2005
Sold by
Carroll Michelle
Bought by
Lomas Howard
Source: Public Records

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
Lacerda Joe $880,000 Western Title & Escrow
Stearns Carole $560,000 Amerititle
Hardwick Greg $419,000 First American Title
Yaqoub Janty N $173,000 Amerititle
Suntrust Mortgage Inc $347,108 Accommodation
Federal Home Loan Mortgage Corp -- Accommodation
Judd Linda Ann $509,900 First Amer Title Ins Co Or
Carroll Michelle $350,000 Amerititle
Lomas Howard -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stearns Carole $323,000
Previous Owner Hardwick Greg $314,250
Previous Owner Yaqoub Janty N $175,293
Previous Owner Judd Linda Ann $407,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Sold $880,000 +3.5% $324 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $850,000 +51.8% $313 / Sq Ft
01/03/2019 01/03/19 Sold $560,000 0.0% $206 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $559,900 +33.6% $206 / Sq Ft
11/30/2015 11/30/15 Sold $419,000 0.0% $154 / Sq Ft
10/11/2015 10/11/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $419,000 -- $154 / 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 $5,760 $344,040 -- --
2023 $5,340 $334,020 $0 $0
2022 $4,982 $314,860 $0 $0
2021 $4,990 $305,690 $0 $0
2020 $4,734 $305,690 $0 $0
2019 $4,602 $296,790 $0 $0
2018 $4,472 $288,150 $0 $0
2017 $4,341 $279,760 $0 $0
2016 $4,140 $271,620 $0 $0
2015 $4,025 $263,710 $0 $0
2014 $3,906 $256,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andy Stearns

    MyLuckyHouse Inc.

    (541) 350-0322

    4 in this area

    39 Total Sales

    Andy Stearns
    Section Image
  • David Keyte

    Buyer's Agent in 2021

    David Keyte

    eXp Realty, LLC

    (541) 797-8356

    37 in this area

    406 Total Sales

    David Keyte
    Section Image

  • M

    Seller's Agent in 2019

    Misty Rupe

    Ideal Realty LLC

  • Jen Bowen

    Seller's Agent in 2015

    Jen Bowen

    Coldwell Banker Bain

    (541) 280-2147

    4 in this area

    75 Total Sales

    Jen Bowen
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220132985

Oregon Datashare

APN: 207870

Oregon Deschutes County Bend 97701 Mountain View

1686 NE Lotus Dr, Bend, OR

This home is located at 1686 NE Lotus Dr, Bend, OR 97701 since 01 October 2021 and is currently estimated at $924,884, approximately $341 per square foot. This property was built in 2004. 1686 NE Lotus Dr is a home located in Deschutes County with nearby schools including Juniper Elementary School, Pilot Butte Middle School, and Bend Senior High School.

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