NOT LISTED FOR SALE

20132 Reed Ln Bend, OR 97702

Southern Crossing Neighborhood

Estimated Value: $694,000 - $815,437

6 Beds
4 Baths
2,200 Sq Ft
$338/Sq Ft Est. Value

Sale Details

Date Sold: March 5, 2021

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

Est. 29% increase in value since last sale

Current estimated payment $4,363 / mo

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 1⁄2 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 Agent to Sell the Property

Ian Berg

Keller Williams Realty Central Oregon License #201104006 Listed on: 05/26/2020

Keller Williams Realty Central Oregon

Last Buyer's Agent

Jill Ballantyne

RE/MAX Key Properties License #201223989

RE/MAX Key Properties

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

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Water Heater

Additional Features

  • ENERGY STAR Qualified Equipment
  • Easements include irrigation

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.

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

3,049 Sq Ft Lot

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
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Carpet, Simulated Wood, Vinyl
  • Interior Amenities: Solid Surface Counters, Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Vinyl Frames

Exterior Features

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

Garage/Parking

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

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

Multi Family

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

Tax Info

  • Tax Annual Amount: 2731.5
  • Tax Lot: 8
  • 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 Central Oregon
Buyer's Agent
Jill Ballantyne
RE/MAX Key Properties
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$744,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,109
Avg. Annual Appreciation
5.15%
Original Mortgage
$287,500
Outstanding Balance
$256,550
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$487,559
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft
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: Oregon Datashare

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
2025 $5,019 $297,030 -- --
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

  • I

    Seller's Agent in 2021

    Ian Berg

    Keller Williams Realty Central Oregon

    Section Image
  • Jill Ballantyne

    Buyer's Agent in 2021

    Jill Ballantyne

    RE/MAX

    (541) 390-4745

    2 in this area

    26 Total Sales

    Jill Ballantyne
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220101688

Oregon Datashare

APN: 281356

Oregon Deschutes County Bend 97702 Southern Crossing

20132 Reed Ln, Bend, OR

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