$1,150,000
SOLD FEB 4, 2025

1949 SW Timber Ave Redmond, OR 97756

-- Bed
-- Bath
8,928 Sq Ft
0.8 Acres

Recently Sold

$129 Per Sq Ft

1 Day on Market

Highlights

  • City View
  • 0.8 Acre Lot
  • No HOA
  • Sage Elementary School Rated A-
  • Contemporary Architecture
  • 2-minute walk to Raprd Activity Center

About This Home

As of February 2025

Lowest priced livable 8-plex in Central Oregon with additional developable land. Amazing rental history. Lease rates are severely below market. No showing without accepted offer. Buyer to do own diligence regarding development potential.

Last Agent to Sell the Property

Corey Charon

Cascade Hasson SIR License #201205074 Listed on: 01/05/2025

Cascade Hasson SIR

Last Buyer's Agent

Jerry Papenheim

Papenheim Properties License #201231397

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,783

Year Built

  • Built in 1991

Lot Details

  • 0.8 Acre Lot
  • 1 Common Wall
  • Two or More Common Walls
  • Level Lot

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Carpet

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Schools

  • Sage Elementary School
  • Obsidian Middle School
  • Ridgeview High School

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 8 Units
  • Timber Acres Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 161644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,783

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Lot Size Acres: 0.8
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Timber Acres
  • Year Built: 1991
  • Co List Office Phone: 541-383-7600
  • MLS Status: Closed
  • ResoBuildingAreaSource: Appraiser
  • General Property Information Elementary School: Sage Elem
  • General Property Information Middle Or Junior School: Obsidian Middle
  • General Property Information High School: Ridgeview High
  • General Property Information:Zoning2: R5
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • View:City3: Yes
  • Common Walls 1 Common Wall: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Refrigerator
  • Has Basement: None
  • Flooring: Carpet
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Level
  • Roof: Composition
  • View: Cascade Mountains, City
  • Exclusions: Tenants personal property
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Sage Elem
  • High School: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: 161644
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 12783.2
  • Tax Map Number: 151320DA01900
  • Tax Year: 2024

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $1,150,000 0.0% $129 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $1,150,000 -- $129 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Corey Charon

    Cascade Hasson SIR

  • J

    Buyer's Agent in 2025

    Jerry Papenheim

    Papenheim Properties

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220194121

Oregon Datashare

Oregon Deschutes County Redmond 97756

1949 SW Timber Ave, Redmond, OR

This home is located at 1949 SW Timber Ave, Redmond, OR 97756 and is currently priced at $1,150,000, approximately $128 per square foot. This property was built in 1991. 1949 SW Timber Ave is a home located in Deschutes County with nearby schools including Sage Elementary School, Obsidian Middle School, and Ridgeview High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

Nearby Homes