NOT LISTED FOR SALE

20120 Reed Ln Bend, OR 97702

Southern Crossing Neighborhood

Estimated Value: $716,000 - $923,000

-- Bed
6 Baths
2,200 Sq Ft
$382/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $585,000 $266 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,049/month

17 Days on Market

Highlights

  • New Construction
  • Northwest Architecture
  • Solid Surface Countertops
  • Pine Ridge Elementary School Rated A-
  • Engineered Wood Flooring
  • No HOA

About This Home

As of November 2020

New construction duplex in SW Bend. Waterbrook at the Old Mill is simply the best location offered for new duplex units in the last decade.
The Cascade floorplan features 3 bedrooms and 2 ½ baths per side. Upgraded finishes throughout the home include: Quartz counter tops, stainless steel appliances, waterproof plank flooring and high efficiency ductless heat pumps with air conditioning. The fenced yards features a concrete patio
area, enclosed storage, landscaping in front and hardscaping in the backyard. Attached garages with automatic openers. Great turn key investment opportunity with professional property management available. Other lots & floor plans available.

Last Listed By

Ian Berg

Keller Williams Realty C.O. License #201104006 Listed on: 06/09/2020

Keller Williams Realty C.O.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,638

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 3,049 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

Home Design

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

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Patio
  • Outdoor Storage
  • Storage Shed

Schools

  • Pine Ridge Elementary School
  • Cascade Middle School
  • Summit High School

Utilities

  • Ductless Heating Or Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 181208BA05512

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Oregon Builders Developers LLC.
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • Gross Income $3,960
  • Net Operating Income $27,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,638

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 0.07
  • Prop. Type: Residential Income
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2020
  • Total Gross Income: 3960.0
  • Co List Office Phone: 541-585-3760
  • MLS Status: Closed
  • ResoBuildingAreaSource: Builder
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 5
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Common Walls:No Common Walls: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Other Structures:Storage: Yes
  • Flooring Simulated Wood: Yes
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Simulated Wood, Vinyl
  • Interior Amenities: Shower/Tub Combo, Solid Surface Counters, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Builder Name: Oregon Builders Developers LLC.
  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front
  • Other Structures: Storage
  • Roof: Composition
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, Driveway, Garage Door Opener
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Cooling: ENERGY STAR Qualified Equipment, Heat Pump
  • Heating: Ductless, ENERGY STAR Qualified Equipment, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Ductless: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Pine Ridge Elem
  • High School: Summit High
  • Middle Or Junior School: Cascade Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3049.2
  • Parcel #: 181208BA05512
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 27720.0

Tax Info

  • Tax Lot: 5
  • Tax Map Number: 181208BA05512
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Nov 18, 2020
Sold by
Oregon Builders Developes Llc
Bought by
Dolphin Kevin L and Scruggs Luke
Seller's Agent
Ian Berg
Keller Williams Realty C.O.
Buyer's Agent
Non-Member Non-Member
Non-member
List Price
$575,000
Sold Price
$585,000
Premium/Discount to List
$10,000
1.74%
Total Days on Market
17
Current Estimated Value
$840,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,996
Avg. Annual Appreciation
8.83%
Original Mortgage
$468,000
Outstanding Balance
$423,984
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$429,975

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
Dolphin Kevin L $585,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolphin Kevin L $468,000
Previous Owner Oregon Builders Developers Llc $437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $585,000 +1.7% $266 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $575,000 -- $261 / Sq Ft
Source: Southern Oregon MLS

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 $4,638 $277,010 -- --
2023 $4,300 $268,950 $0 $0
2022 $4,011 $253,520 $0 $0
2021 $4,018 $5,980 $0 $0
2020 $93 $5,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ian Berg

    Seller's Agent in 2020

    Ian Berg

    Keller Williams Realty C.O.

    (541) 508-7532

    9 in this area

    133 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Non-Member Non-Member

    Non-member

See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 220102605

Southern Oregon MLS

APN: 281353

Oregon Deschutes County Bend 97702 Southern Crossing

20120 Reed Ln, Bend, OR

Homes for Sale in Bend, OR

This home is located at 20120 Reed Ln, Bend, OR 97702 since 09 June 2020 and is currently estimated at $840,996, approximately $382 per square foot. This property was built in 2020. 20120 Reed Ln is a home located in Deschutes County with nearby schools including Pine Ridge Elementary School, Cascade Middle School, and Bend Senior High School.

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