NOT LISTED FOR SALE

1812 NE Wichita Way Bend, OR 97701

Mountain View Neighborhood

Estimated Value: $756,000 - $972,000

6 Beds
4 Baths
2,788 Sq Ft
$309/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $825,000 $296 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,053/month

46 Days on Market

Highlights

  • Traditional Architecture
  • Detached Garage
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Carpet

About This Home

As of November 2021

Fully leased 4-plex with below market rents ($950-$1,050 per unit). Great repositioning opportunity and 3 of the 4 leases are month to month. Each unit has its own single car garage and the property has a mix of two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. Great east side location near On Tap Food Truck Lot, The Forum Shopping Center, Costco, and St. Charles Hospital.

Last Agent to Sell the Property

Dan Kemp

Compass Commercial Real Estate License #201203140 Listed on: 08/05/2021

Compass Commercial Real Estate

Co-Listed By

Jay Lyons

Compass Commercial Real Estate License #201101137

Last Buyer's Agent

Melodee Radcliffe

Windermere Realty Trust License #201211946

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,856

Year Built

  • Built in 1990

Lot Details

  • 9,583 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Laminate

Parking

  • Detached Garage
  • Shared Driveway
  • On-Street Parking
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 4 Units
  • Winchester Arms Subdivision

Listing and Financial Details

  • Legal Lot and Block 18 / 2
  • Assessor Parcel Number 150225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,856

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Subdivision Name: Winchester Arms
  • Year Built: 1990
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Buckingham 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
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 18
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 2
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Architectural Style Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Assigned, Detached, On Street, Shared Driveway
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: 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: 9583.2
  • Parcel #: 150225
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4855.75
  • Tax Block: 2
  • Tax Lot: 18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 18, 2021
Sold by
Slm Investments Llc
Bought by
Kibby Road Llc
Seller's Agent
Dan Kemp
Compass Commercial Real Estate
Buyer's Agent
Melodee Radcliffe
Windermere Realty Trust
List Price
$875,000
Sold Price
$825,000
Premium/Discount to List
-$50,000
-5.71%
Current Estimated Value
$861,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,483
Avg. Annual Appreciation
1.07%
Original Mortgage
$500,000
Outstanding Balance
$313,667
Interest Rate
2.3%
Estimated Equity
$547,816

Purchase Details

Closed on
Dec 19, 2014
Sold by
Morgenthaler Sonja L
Bought by
Slm Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kibby Road Llc $825,000 Western Title & Escrow
Slm Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kibby Road Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2021 11/01/21 Sold $825,000 -5.7% $296 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $875,000 -- $314 / 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 $6,141 $363,470 -- --
2024 $5,909 $352,890 -- --
2023 $5,477 $342,620 $0 $0
2022 $5,110 $322,970 $0 $0
2021 $5,118 $313,570 $0 $0
2020 $4,856 $313,570 $0 $0
2019 $4,721 $304,440 $0 $0
2018 $4,587 $295,580 $0 $0
2017 $4,453 $286,980 $0 $0
2016 $4,247 $278,630 $0 $0
2015 $4,129 $270,520 $0 $0
2014 $4,007 $262,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Kemp

    Seller's Agent in 2021

    Dan Kemp

    Compass Commercial Real Estate

    (541) 550-8413

    3 in this area

    26 Total Sales

    Dan Kemp
    Section Image
  • Jay Lyons

    Seller Co-Listing Agent in 2021

    Jay Lyons

    Compass Commercial Real Estate

    (541) 410-6519

    1 in this area

    21 Total Sales

    Jay Lyons
    Section Image

  • M

    Buyer's Agent in 2021

    Melodee Radcliffe

    Windermere Realty Trust

  • T

    Buyer Co-Listing Agent in 2021

    Thomas Lasswell

    Windermere Realty Trust

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220128912

Oregon Datashare

APN: 150225

Oregon Deschutes County Bend 97701 Mountain View

1812 NE Wichita Way, Bend, OR

Not Listed for Sale

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