NOT LISTED FOR SALE

1855 NE 3rd St Prineville, OR 97754

Estimated Value: $477,971 - $480,000

5 Beds
4 Baths
3,524 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $385,000 $109 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,801/month

178 Days on Market

Highlights

  • 0.78 Acre Lot
  • No HOA
  • Cottage
  • Territorial View
  • Tennis Courts
  • Double Pane Windows

About This Home

As of April 2021

Prime investment/redevelopment opportunity with rental income are one of the truly special & versatile components of this rare offering. Comprised of 3 tax lots, portfolio includes 3 homes & vacant lot of .25/AC. that potentially could be developed for additional duplex/multi-family units/shop. Zoning offers a blend of front commercial (C2) w/residential (R2) and is in the path of progress for future commercial redevelopment opportunity on the east retail corridor. Access from 3rd street shared with Club Pioneer & from Laughlin/7th Street. Strong rental occupancy history from the 2 front cottage homes w/additional income generated from renting the owner occupied large home. C2 zoning allows most commercial uses, rare & unique land bank for future commercial /multi-family redevelopment. Close to Grocery Outlet, Ochoco Plaza, adjacent to Club Pioneer. Versatility lives here. Heritage property within its own well-maintained oasis & park-like setting with common areas.

Last Agent to Sell the Property

Kimberly Handley

Coldwell Banker Bain License #201224963 Listed on: 08/07/2020

Co-Listed By

Laura Curry

Coldwell Banker Bain License #900600056

Last Buyer's Agent

Pam Mayo-Phillips

Cascade Hasson SIR License #890400159

Cascade Hasson SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1940

Lot Details

  • 0.78 Acre Lot
  • Property fronts an easement
  • No Common Walls
  • Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Additional Parcels

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • No Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Fire Pit
  • Outdoor Storage
  • Storage Shed

Schools

  • Barnes Butte Elementary School
  • Crook County Middle School
  • Crook County High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well

Listing and Financial Details

  • Exclusions: All personal property
  • Tax Lot 2100, 4000, 1901
  • Assessor Parcel Number 7992

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Clacc Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Community Playground
  • Park
  • Trails

Building Details

  • Gross Income $36,860
  • Net Operating Income $28,304

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Directions: Enter Prineville on Ochoco Hwy (US Hwy 20), head east through town on Main Street, take left at Club Pioneer, access through parking lot, legal easement.
  • Unit Levels: One
  • Lot Size Acres: 0.78
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Frontage Type: Easement
  • Road Surface Type: Paved
  • Subdivision Name: CLACC
  • Year Built: 1940
  • Total Gross Income: 36860.0
  • Co List Office Mls Id: ocCBB
  • Co List Office Phone: 541-382-4123
  • Co List Office Phone: 541-382-4123
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Barnes Butte Elem
  • General Property Information Middle Or Junior School: Crook County Middle
  • General Property Information High School: Crook County High
  • General Property Information:Zoning2: C2, R2
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Community Features Trail(s): Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2100, 4000, 1901
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Road Frontage Type:Easement: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Other Structures:Storage: Yes
  • Community Features Pickleball Court(s)2: Yes
  • Community Features Sport Court: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace Features: Gas
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Linen Closet, Shower/Tub Combo
  • Window Features: Aluminum Frames, Double Pane Windows
  • Fireplace: Yes
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Interior Features Linen Closet: Yes
  • Community Features:Playground2: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Fire Pit, Patio
  • Foundation Details: Slab
  • Lot Features: Fenced, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
  • Other Structures: Storage
  • Roof: Metal
  • View: Territorial
  • Exclusions: All personal property
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features:Fire Pit: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Attached Carport, Concrete, Driveway, Gravel, No Garage
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Attached Carport: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available, Park, Pickleball Court(s), Playground, Sport Court, Tennis Court(s), Trail(s)

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Barnes Butte Elem
  • High School: Crook County High
  • Middle Or Junior School: Crook County Middle

Lot Info

  • Additional Parcels Description: Per survey 5-6-2013 = Tract #1, #2, #3
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 33976.8
  • Parcel #: 7992
  • ResoLotSizeUnits: Acres
  • Zoning Description: C2, R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 28304.0
  • Annual Operating Expense: 8556.0

Tax Info

  • Tax Annual Amount: 3799.53
  • Tax Lot: 2100, 4000, 1901
  • Tax Map Number: 151604B0
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $385,000 -32.2% $109 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
08/07/2020 08/07/20 For Sale $568,000 -- $161 / 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 $3,106 $192,610 -- --
2023 $2,999 $187,000 $0 $0
2022 $2,907 $181,560 $0 $0
2021 $2,891 $176,280 $0 $0
2020 $2,811 $171,149 $0 $0
2019 $2,715 $161,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220106723

Oregon Datashare

APN: 007992