NOT LISTED FOR SALE

1951 NW Larch Spur Ct Redmond, OR 97756

Estimated Value: $591,000 - $644,000

6 Beds
6 Baths
2,610 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $515,000 $197 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,685/month

4 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Attached Garage
  • Territorial View
  • No HOA
  • Double Pane Windows

About This Home

As of March 2021

Great investment opportunity close to town. Established unit in NW Redmond, close to the Dry Canyon, Smith Rock and walkable distance to schools, shopping and medical. Both units are spacious with 3 bedrooms, 2 1/2 baths with a spacious family room and kitchen. Well maintained with garage parking for each unit. Don't miss out on this income producing investment!

Last Agent to Sell the Property

Carol Swendsen

Coldwell Banker Bain Brokerage Email: carol.swendsen@cbrealty.com License #201222149 Listed on: 02/04/2021

Coldwell Banker Bain

Co-Listed By

EMILY ARONSON

Coldwell Banker Bain Brokerage Email: carol.swendsen@cbrealty.com License #201216265

Last Buyer's Agent

Melissa Waldman

Avenue M Realty LLC License #200308175

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Walk-In Closet
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Schools

  • John Tuck Elementary School
  • Elton Gregory Middle School
  • Redmond High School

Utilities

  • No Cooling
  • Zoned Heating
  • Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 207832

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Clar Subdivision

Building Details

  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,842

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Maple to 19th, left on 19th, first right is Larch Spur.
  • Unit Levels: Two
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: CLAR
  • Year Built: 2003
  • Attribution Contact: carol.swendsen@cbrealty.com
  • Total Gross Income: 60000.0
  • Co List Office Mls Id: ocCBB
  • Co List Office Phone: 541-382-4123
  • Co List Office Phone: 541-382-4123
  • Outside Inclusions: Range, refrigerator, dishwasher
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: John Tuck Elem
  • General Property Information Middle Or Junior School: Elton Gregory Middle
  • General Property Information High School: Redmond High
  • General Property Information:Zoning2: R4
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 8
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • 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
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Linen Closet, Open Floorplan, Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features Linen Closet: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Stemwall
  • Roof: Composition
  • View: Territorial
  • Exclusions: Personal property
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Zoned
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: John Tuck Elem
  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 207832
  • ResoLotSizeUnits: Acres
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3841.52
  • Tax Lot: 8
  • Tax Map Number: 151308AA
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 9, 2021
Sold by
Thompson Kevin D
Bought by
Boos William B and Boos Kendra L
Seller's Agent
Carol Swendsen
Coldwell Banker Bain
Buyer's Agent
Melissa Waldman
Avenue M Realty LLC
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%
Current Estimated Value
$619,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,032
Avg. Annual Appreciation
4.46%
Original Mortgage
$382,500
Outstanding Balance
$344,439
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$279,582

Purchase Details

Closed on
Oct 6, 2005
Sold by
Thompson Rebecca A
Bought by
Thompson Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 16, 2005
Sold by
Thompson Rebecca A
Bought by
Thompson Kevin D and Thompson Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
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
Boos William B $515,000 Amerititle
Thompson Kevin D -- Deschutes County Title Co
Thompson Kevin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boos William B $382,500
Previous Owner Thompson Kevin D $176,500
Previous Owner Thompson Kevin D $116,000
Previous Owner Thompson Rebecca A $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $515,000 +4.0% $197 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $495,000 -- $190 / 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 $4,786 $237,530 -- --
2023 $4,577 $230,620 $0 $0
2022 $4,161 $217,390 $0 $0
2021 $4,023 $211,060 $0 $0
2020 $3,842 $211,060 $0 $0
2019 $3,674 $204,920 $0 $0
2018 $3,582 $198,960 $0 $0
2017 $3,497 $193,170 $0 $0
2016 $3,449 $187,550 $0 $0
2015 $3,344 $182,090 $0 $0
2014 $3,171 $176,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220116023

Oregon Datashare

APN: 207832