$40,000
SOLD APR 26, 2012
0.92 Acre
$43,478 Price per Acre
40,075 Sq Ft Lot

Recently Sold

32% Below List Price

85 Days on Market

Highlights

  • Territorial View
  • Cascade Middle School Rated A-
  • No HOA

About This Lot

As of July 2022

Bank owned and priced to sell! Treed homesite in the woods and paved road in Deschutes River Woods. Nearly 1 AC. treed privacy in Deschutes River Woods. This gently sloping home site has been approved for standard septic and community water is available in the area, so ready to build your new home. Bank owned and priced to sell at $59,000. Build your dream home here.

Last Agent to Sell the Property

Brian Meece

RE/MAX Key Properties Brokerage Phone: 541.480.1630 License #811000092 Listed on: 01/20/2012

RE/MAX Key Properties

Last Buyer's Agent

Patrick Trowbridge

Knightsbridge International License #200706006

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $326

Year Built

  • 2012

Lot Details

  • 0.92 Acre Lot
  • Property is zoned RR10, RR10

Schools

  • Elk Meadow Elementary School
  • Cascade Middle School
  • Summit High School

Additional Features

  • Territorial Views
  • Mobile Home Allowed
  • Private Water Source

Community Details

  • No Home Owners Association
  • Deschutes Riverwoods Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 41 / SS

Property Details

Property Type

Land

Est. Annual Taxes

$326

Year Built

2012

Lot Details

0

Listing Details

  • Directions: Baker Road West, then right onto Shoshone, then turn onto Pumice Butte, property is on north side of Pumice Butte Rd.
  • Lot Size Acres: 0.92
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Subdivision Name: Deschutes RiverWoods
  • Attribution Contact: 541.480.1630
  • Co List Office Phone: 541-728-0033
  • MLS Status: Closed
  • General Property Information:Zoning2: RR10
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Water Source:None7: Yes
  • Location Tax and Legal:Tax Lot: 41
  • Location Tax and Legal:Tax Block: SS
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Year Built: 2012

Exterior Features

  • View: Territorial

Utilities

  • Water Source: Private, None

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Elk Meadow Elem
  • High School: Summit High
  • Middle Or Junior School: Cascade Middle

Lot Info

  • Lot Size Sq Ft: 40075.2
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 326.3
  • Tax Block: SS
  • Tax Lot: 41
  • Tax Map Number: 181123D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 28, 2022
Sold by
Osmin Jerita J and Osmin Garrett C
Bought by
Bianchi Steven and Bianchi Emily
Seller's Agent
Garrett Erickson
Garrett C. Erickson
Buyer's Agent
Connie Settle
RE/MAX Key Properties
List Price
$1,195,000
Sold Price
$810,000
Premium/Discount to List
-$385,000
-32.22%
Total Days on Market
85
Current Estimated Value
$867,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,284
Avg. Annual Appreciation
0.95%
Original Mortgage
$405,000
Outstanding Balance
$389,613
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$443,071

Purchase Details

Closed on
Aug 5, 2016
Sold by
Osmin Jerita J
Bought by
Osmin Jerita J and Erickson Garrett C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2012
Closed on
Dec 18, 2012
Sold by
Melsheimer John E
Bought by
Osmin Jerita J
Seller's Agent
Patrick Trowbridge
Knightsbridge International
Buyer's Agent
Garrett Erickson
Garrett C. Erickson
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$150,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2012
Closed on
Apr 24, 2012
Sold by
Umpqua Bank
Bought by
Melsheimer John E
Seller's Agent
Brian Meece
RE/MAX Key Properties
Buyer's Agent
Patrick Trowbridge
Knightsbridge International
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1680.89%

Purchase Details

Closed on
May 12, 2005
Sold by
Rainey Phillip
Bought by
Wood Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.02%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $810,000 First American Title
Interfamily Deed Transfer -- Accommodation
Warranty Deed $260,000 Western Title
Bargain Sale Deed $40,000 Western Title & Escrow
Warranty Deed -- Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Previous Owner $140,000 New Conventional
Previous Owner $150,000 New Conventional
Previous Owner $112,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $810,000 -2.3% $426 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/18/2022 05/18/22 Price Changed $829,000 -3.5% $436 / Sq Ft
05/11/2022 05/11/22 Price Changed $859,000 -28.1% $452 / Sq Ft
04/17/2022 04/17/22 For Sale $1,195,000 +359.6% $629 / Sq Ft
12/19/2012 12/19/12 Sold $260,000 -3.7% $137 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
10/12/2012 10/12/12 For Sale $269,900 +574.8% $142 / Sq Ft
04/26/2012 04/26/12 Sold $40,000 -32.2% --
04/13/2012 04/13/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $59,000 -- --
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 $3,936 $262,190 -- --
2023 $3,708 $254,560 $0 $0
2022 $3,423 $239,960 $0 $0
2021 $3,445 $232,980 $0 $0
2020 $3,257 $232,980 $0 $0
2019 $3,167 $226,200 $0 $0
2018 $3,076 $219,620 $0 $0
2017 $2,883 $204,940 $0 $0
2016 $2,743 $198,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201200469

Oregon Datashare

APN: 110817