20192 Reed Ln Bend, OR 97702
Southern Crossing NeighborhoodEstimated payment $6,867/month
Highlights
- 0.45 Acre Lot
- No HOA
- Neighborhood Views
- Pine Ridge Elementary School Rated A-
About This Lot
Located in SW Bend's Blakely Heights neighborhood, this 0.95-acre site (two RM-zoned lots sold together) presents a rare infill development opportunity just 2 miles from the Old Mill District. Previously approved by the City of Bend for a 20-unit apartment project, the property includes available architectural, civil, and landscape design work—a valuable foundation for re-entitlement, redesign, or new construction. All city utilities are nearby and up to 30 units under current RM zoning standards, offering flexibility for apartments, townhomes, or condominiums. Positioned in an established neighborhood with active new development, the property provides strong community integration and long-term investment potential. With easy access to schools, parks, shopping, and river trails, this ready-to-develop site offers an excellent opportunity for builders, developers, or investors seeking a multifamily project in high demand area of SW Bend. Buyer to perform own due diligence.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,523
Lot Details
- 0.45 Acre Lot
- Additional Parcels
- Zoning described as RM
Schools
- Pine Ridge Elementary School
- Cascade Middle School
- Bend Sr High School
Additional Features
- Neighborhood Views
- Cable TV Available
Community Details
- No Home Owners Association
- Blakley Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 120012
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,523 | $90,130 | $90,130 | -- |
| 2024 | $1,465 | $87,510 | $87,510 | -- |
| 2023 | $1,358 | $84,970 | $84,970 | $0 |
| 2022 | $1,267 | $212,140 | $0 | $0 |
| 2021 | $3,362 | $205,970 | $0 | $0 |
| 2020 | $3,190 | $205,970 | $0 | $0 |
| 2019 | $3,101 | $199,980 | $0 | $0 |
| 2018 | $3,013 | $194,160 | $0 | $0 |
| 2017 | $2,925 | $188,510 | $0 | $0 |
| 2016 | $2,789 | $183,020 | $0 | $0 |
| 2015 | $2,712 | $177,690 | $0 | $0 |
| 2014 | $2,632 | $172,520 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2026 02/04/26 | For Sale | $1,270,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $700,000 | None Listed On Document | |
| Warranty Deed | $925,000 | Western Title & Escrow | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $647,500 | New Conventional |
About the Listing Agent
“There are a lot of good real estate agents… but Tiffany stands out as truly the best.” – Patti and Joe
Tiffany Vasquez | Bend, Oregon Real Estate Broker | Licensed since 2005 | LifeinBend.com
“Live Where You Love to Be”
In Bend, real estate is about more than closing a deal—it's about aligning your next chapter with how you truly want to live. I help clients relocate, downsize, and find their ideal neighborhood with clarity and confidence. From Northwest Crossing to Discovery
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Source: Oregon Datashare
MLS Number: 220214758
APN: 120012
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