NOT LISTED FOR SALE

2140 SW Xero Ln Redmond, OR 97756

Estimated Value: $692,000 - $1,459,308

12 Beds
4 Baths
5,552 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $1,350,000 $243 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $5,901/month

11 Days on Market

Highlights

  • RV Access or Parking
  • 0.98 Acre Lot
  • Corner Lot
  • Sage Elementary School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of January 2023

Fully rented turn-key opportunity in the growing community of Redmond! Potential to further increase density with additional doors, this offering includes three duplexes with established tenants in all six units. Two of the duplexes offer 3 bedrooms & 1 bathroom units with washer/dryer hookups (tenant owned washer/dryers & other appliances are included). One duplex has two units that have 2 bedrooms & 1 bath per side. Owner currently pays water/sewer/garbage for the complex. Tenants are responsible for landscaping. Each unit has a one car garage. RV Parking available on site as well. Only a short distance to downtown Redmond, grocery stores, & other amenities w/ easy access to HWY 97 & Redmond Airport.

Last Agent to Sell the Property

Holly Cole

Keller Williams Realty Central Oregon License #200903090 Listed on: 11/04/2022

Keller Williams Realty Central Oregon

Last Buyer's Agent

Jill Feinstock

Berkshire Hathaway HomeService License #201241588

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,548

Year Built

  • Built in 1972

Lot Details

  • 0.98 Acre Lot
  • 1 Common Wall
  • Corner Lot
  • Level Lot
  • Additional Parcels

Home Design

  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Double Vanity
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • RV Access or Parking

Schools

  • Sage Elementary School
  • Obsidian Middle School
  • Ridgeview High School

Utilities

  • No Cooling
  • Zoned Heating
  • Space Heater
  • Heating System Uses Wood
  • Wall Furnace
  • Baseboard Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • 6 Units
  • Windrow Acres Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Exclusions: tenant personal property, washers/dryers
  • Legal Lot and Block 03200 / 3
  • Assessor Parcel Number 124730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,548

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.98
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Frontage Type: Private Access
  • Road Surface Type: Paved
  • Subdivision Name: Windrow Acres
  • Year Built: 1972
  • Co List Office Phone: 541-585-3760
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Sage Elem
  • General Property Information Middle Or Junior School: Obsidian Middle
  • General Property Information High School: Ridgeview High
  • General Property Information:Zoning2: R4
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Documents CCRs: Yes
  • Location Tax and Legal:Tax Lot: 03200
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 3
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Heating Free-Standing: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Double Vanity, Laminate Counters, Linen Closet, Pantry, Primary Downstairs, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Pantry: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features Linen Closet: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Corner Lot, Level
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: tenant personal property, washers/dryers
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Concrete, RV Access/Parking
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric, Free-Standing, Wall Furnace, Wood, Zoned, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Wood: Yes
  • Heating:Electric2: Yes
  • Heating:Zoned2: Yes
  • Heating:Baseboard: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Sage Elem
  • High School: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Additional Parcels Description: Parcel: 124729. Map and Taxlot: 151329A003201
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 42688.8
  • Parcel #: 124730
  • ResoLotSizeUnits: Acres
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 8548.38
  • Tax Block: 3
  • Tax Lot: 03200
  • Tax Map Number: 151329A0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 15, 2022
Sold by
Bach Family Revocable Trust
Bought by
Montair Development Llc
Seller's Agent
Holly Cole
Keller Williams Realty Central Oregon
Buyer's Agent
Jill Feinstock
Berkshire Hathaway HomeService
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%
Views
41
Current Estimated Value
$1,010,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$339,173
Avg. Annual Appreciation
-9.10%
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
Montair Development Llc $1,350,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $1,350,000 -10.0% $243 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $1,500,000 -- $270 / 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 $6,754 $335,200 -- --
2023 $6,459 $325,440 $0 $0
2022 $5,872 $306,770 $0 $0
2021 $5,678 $297,840 $0 $0
2020 $5,421 $297,840 $0 $0
2019 $5,184 $289,170 $0 $0
2018 $5,055 $280,750 $0 $0
2017 $4,935 $272,580 $0 $0
2016 $4,867 $264,650 $0 $0
2015 $4,704 $256,950 $0 $0
2014 $4,178 $232,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Cole

    Seller's Agent in 2023

    Holly Cole

    Keller Williams Realty Central Oregon

    (541) 480-4208

    156 in this area

    595 Total Sales

    Holly Cole
    Section Image

  • J

    Buyer's Agent in 2023

    Jill Feinstock

    Berkshire Hathaway HomeService

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Map

Source: Oregon Datashare

MLS Number: 220155998

Oregon Datashare

APN: 124730

Oregon Deschutes County Redmond 97756

2140 SW Xero Ln, Redmond, OR

This home is located at 2140 SW Xero Ln, Redmond, OR 97756 since 04 November 2022 and is currently estimated at $1,010,827, approximately $182 per square foot. This property was built in 1972. 2140 SW Xero Ln is a home located in Deschutes County with nearby schools including Sage Elementary School, Obsidian Middle School, and Ridgeview High School.

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