NOT LISTED FOR SALE

20132 Reed Ln Bend, OR 97702

Southern Crossing Neighborhood

Estimated Value: $718,000 - $888,000

-- Bed
6 Baths
2,200 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $575,000 $261 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,981/month

35 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 March 2021

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.
This duplex 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: 05/26/2020

Keller Williams Realty C.O.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

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 8
  • Assessor Parcel Number 181208BA05515

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

$2,732

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Directions: Blakely Rd to Reed Ln.
  • 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: 8
  • 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 #: 181208BA05515
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

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

Tax Info

  • Tax Annual Amount: 2731.5
  • Tax Lot: 8
  • Tax Map Number: 181208BA05515
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Mar 4, 2021
Sold by
Oregon Builders Development Llc
Bought by
Gnazzo Stephen and Gnazzo Stetember
Seller's Agent
Ian Berg
Keller Williams Realty C.O.
Buyer's Agent
Jill Ballantyne
RE/MAX Key Properties
List Price
$575,000
Sold Price
$575,000
Total Days on Market
35
Current Estimated Value
$821,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,966
Avg. Annual Appreciation
9.69%
Original Mortgage
$287,500
Outstanding Balance
$260,635
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$588,001

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
Gnazzo Stephen $575,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gnazzo Stephen $287,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $575,000 0.0% $261 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
05/25/2020 05/25/20 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 $4,828 $288,380 -- --
2023 $4,476 $279,990 $0 $0
2022 $4,176 $187,530 $0 $0
2021 $2,972 $5,980 $0 $0
2020 $93 $5,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ian Berg

    Seller's Agent in 2021

    Ian Berg

    Keller Williams Realty C.O.

    (541) 508-7532

    9 in this area

    133 Total Sales

    Section Image
  • Jill Ballantyne

    Buyer's Agent in 2021

    Jill Ballantyne

    RE/MAX

    (541) 390-4745

    3 in this area

    41 Total Sales

    Jill Ballantyne
    Section Image
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Map

Source: Southern Oregon MLS

MLS Number: 220101688

Southern Oregon MLS

APN: 281356

Oregon Deschutes County Bend 97702 Southern Crossing

20132 Reed Ln, Bend, OR

Homes for Sale in Bend, OR

This home is located at 20132 Reed Ln, Bend, OR 97702 since 26 May 2020 and is currently estimated at $821,966, approximately $373 per square foot. This property was built in 2020. 20132 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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