NOT LISTED FOR SALE

1734 SW Lava Ave Redmond, OR 97756

Estimated Value: $444,000 - $599,000

5 Beds
3 Baths
1,899 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $504,000 $265 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,223/month

4 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Storm Windows
  • Ranch Style House
  • Attached Garage
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2022

Rare Redmond Duplex investment property with long-term, consistent rental history and prime location close to downtown. Two remodeled units, one fully and one partial including easy-to-care-for vinyl plank flooring (no carpet), new interior doors and a new roof (May 2022). Fully remodeled unit has a new kitchen and bath, fresh paint, patio slider, doors, trim, solid surface countertops. Nestled between SW 15th and Canyon, this duplex is close to schools, shopping, parks and entertainment with an easy commute to the best of Redmond. The large backyard was recently landscaped and improved with new sod. Enjoy relaxing evenings on the patio. Substantial parking available with a 2-car garage and alley access to a large parking area that could fit multiple recreational vehicles. Both units have R-38 insulation for low utility bills and tenant retention.

Last Listed By

Sheree MacRitchie

RE/MAX Key Properties License #910400278 Listed on: 06/10/2022

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,077

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • Fenced
  • Xeriscape Landscape

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Home Security

  • Storm Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Alley Access
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Patio

Schools

  • M A Lynch Elementary School
  • Obsidian Middle School
  • Ridgeview High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Wood
  • Baseboard Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Canyon View Subdivision

Listing and Financial Details

  • Legal Lot and Block 00205 / 1
  • Assessor Parcel Number 124047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,077

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Hwy 97 to Veterans Way, west on Kalama, South on 15th to Lava.
  • Unit Levels: One
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Canyon View
  • Year Built: 1973
  • Co List Office Phone: 541-728-0033
  • Outside Inclusions: Appliances as seen in home.
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: Residential
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:None7: Yes
  • Location Tax and Legal:Tax Lot: 00205
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 1
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Fireplace Features: Insert, Living Room, Wood Burning
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Fiberglass Stall Shower, Laminate Counters, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters
  • Window Features: Aluminum Frames, Storm Window(s), Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Slab
  • Lot Features: Fenced, Xeriscape Landscape
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Aluminum Frames: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Parking Features: Alley Access, Asphalt, Attached, Driveway, Gravel, Shared Driveway
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Wood
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Wood: Yes
  • Heating:Baseboard: 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: 10890.0
  • Parcel #: 124047
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3077.09
  • Tax Block: 1
  • Tax Lot: 00205
  • Tax Map Number: 15131CC
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2023
Sold by
Crane Evan and Muller Katherine L
Bought by
Pacific Premier Trust and Slagle
Total Days on Market
4
Current Estimated Value
$521,326

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jun 23, 2022
Sold by
William Martin Michael
Bought by
Crane Evan and Muller Katherine L
Seller's Agent
Sheree MacRitchie
RE/MAX Key Properties
Buyer's Agent
Tammy Burkley
Burkley Realty LLC
List Price
$499,000
Sold Price
$504,000
Premium/Discount to List
$5,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Sep 17, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Martin Michael William and Martin Kerry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Wells Fargo Bank N A
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 11, 2011
Sold by
Zapp Andrew R and Zapp Allee
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Nov 13, 2007
Sold by
Shafer Gene C
Bought by
Zapp Andrew R and Zapp Allee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,740
Interest Rate
6.35%
Mortgage Type
FHA

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 Premier Trust $600,000 Deschutes Title
Crane Evan $504,000 Western Title
Martin Michael William $115,000 Multiple
The Secretary Of Housing & Urban Develop -- Amerititle
Wells Fargo Bank N A $200,082 Lsi Title
Zapp Andrew R $194,750 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crane Evan $302,400
Previous Owner Martin Michael William $80,500
Previous Owner Zapp Andrew R $191,740
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $504,000 +1.0% $265 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $499,000 -- $263 / 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 $3,660 $181,660 -- --
2023 $3,500 $176,370 $0 $0
2022 $3,182 $166,260 $0 $0
2021 $3,077 $161,420 $0 $0
2020 $2,938 $161,420 $0 $0
2019 $2,810 $156,720 $0 $0
2018 $2,740 $152,160 $0 $0
2017 $2,675 $147,730 $0 $0
2016 $2,638 $143,430 $0 $0
2015 $2,548 $139,260 $0 $0
2014 $2,490 $135,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220147604

Southern Oregon MLS

APN: 124047