NOT LISTED FOR SALE

1751 NE Wichita Way Unit 1-4 Bend, OR 97701

Mountain View Neighborhood

Estimated Value: $865,264 - $1,072,000

8 Beds
4 Baths
3,996 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $762,000 $191 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,859/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Landscaped
  • No HOA
  • Double Pane Windows
  • Level Lot

About This Home

As of May 2021

So much potential with this steady income producing property. Great tenants with established history and pride of ownership. Rent increases go into effect 7-1-21 going to $4300 monthly. Current monthly income $3600 until the end of June 2021. Current CAP Rate approximately 4% with interest and taxes included. New rents increase CAP Rate to around 5%. All units are the same size and floor plan. Very roomy, with big bedrooms. Shared storage for each unit attached to the income producing laundry area. Very close to St. Charles Medical Center, Costco, Pilot Butte Park, Worthy Brewing Company, On Tap Bend and much more. All that the up and coming East Side has to offer. Always rented. No Problem. Potential for upgrading and increasing future revenues. There may be room for carports to be built.

Last Agent to Sell the Property

Erika Morris

Rogue Real Estate, LLC License #200002237 Listed on: 03/26/2021

Last Buyer's Agent

Beth Davies

LivOregon Real Estate LLC License #980500211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • 1 Common Wall
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

Home Design

  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • No Cooling
  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Winchester Arms Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Assessor Parcel Number 150251

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,928

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Neff to 27th to Wichita Way
  • Unit Levels: Two
  • Lot Size Acres: 0.26
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Winchester Arms
  • Year Built: 1993
  • Co List Office Phone: 541-728-0995
  • MLS Status: Closed
  • ResoBuildingAreaSource: Appraiser
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 6
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 3
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

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

Utilities

  • Cooling: None
  • Heating: Electric
  • Security: 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: Buckingham Elem
  • High School: Mountain View Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 150251
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5928.11
  • Tax Block: 3
  • Tax Lot: 6
  • Tax Map Number: 171226CC12100
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 20, 2021
Sold by
Mcauley George E and Mcauley Janet S
Bought by
Wichita Llc
Seller's Agent
Erika Morris
Rogue Real Estate, LLC
Buyer's Agent
Beth Davies
LivOregon Real Estate LLC
List Price
$749,000
Sold Price
$762,000
Premium/Discount to List
$13,000
1.74%
Total Days on Market
1
Current Estimated Value
$941,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,316
Avg. Annual Appreciation
6.10%
Original Mortgage
$495,300
Outstanding Balance
$319,337
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$652,574

Purchase Details

Closed on
Feb 21, 2014
Sold by
Mcauley George E and Mcauley Janet B
Bought by
Mcauley George E and Mcauley Janet S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,525
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2008
Sold by
Mcauley George E and Mcauley Janet S
Bought by
Mcauley George E and Mcauley Janet S
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
Wichita Llc $762,000 Western Title & Escrow
Mcauley George E -- None Available
Mcauley George E -- None Available
Mcauley George E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wichita Llc $495,300
Previous Owner Mcauley George E $208,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $762,000 +1.7% $191 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $749,000 -- $187 / 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 $7,214 $430,840 -- --
2023 $6,687 $418,300 $0 $0
2022 $6,239 $394,300 $0 $0
2021 $6,249 $382,820 $0 $0
2020 $5,928 $382,820 $0 $0
2019 $5,763 $371,670 $0 $0
2018 $5,600 $360,850 $0 $0
2017 $5,436 $350,340 $0 $0
2016 $5,184 $340,140 $0 $0
2015 $4,929 $330,240 $0 $0
2014 $4,892 $320,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Erika Morris

    Rogue Real Estate, LLC

  • B

    Buyer's Agent in 2021

    Beth Davies

    LivOregon Real Estate LLC

    (541) 640-7000

    4 in this area

    95 Total Sales

    Beth Davies
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Map

Source: Oregon Datashare

MLS Number: 220119084

Oregon Datashare

APN: 150251

Oregon Deschutes County Bend 97701 Mountain View

1751 NE Wichita Way Unit 1-4, Bend, OR

This home is located at 1751 NE Wichita Way Unit 1-4, Bend, OR 97701 since 26 March 2021 and is currently estimated at $941,316, approximately $235 per square foot. This property was built in 1993. 1751 NE Wichita Way Unit 1-4 is a home located in Deschutes County with nearby schools including Buckingham Elementary School, Pilot Butte Middle School, and Mountain View Senior High School.

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