NOT LISTED FOR SALE

2244 SW Salmon Ave Redmond, OR 97756

Estimated Value: $520,000 - $2,676,000

3.38 Acres
$572,193 Price per Acre
147,233 Sq Ft Lot

Last Sold August 23, 2021

Last sale price $2,375,000 $1,598 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $10,514/month

178 Days on Market

Highlights

  • 3.38 Acre Lot
  • No HOA
  • Level Lot
  • Sage Elementary School Rated A-
  • Landscaped

About This Lot

As of August 2021

Highly valued R5 development ground in a large enough parcel to meet any need the zoning allows. High density uses outright includes 24 units/acre including multi-family, condominiums, residential care and home facilities and more. Conditional uses include cottage and cluster development, nursing and convalescent and assisted living facilities, planned unit development, churches and more. This is one of a few large R5 parcels in Redmond. Buyer to confirm their use with City of Redmond. Access to 3 public streets, 21st requiring development. Public sewer/water is stubbed onto the property and fire hydrants available in 2 streets. Power, cable and natural gas also available. Property has a 3 bedroom, 1 bath home and a storage shed that is considered of no value for purposes of this sale. This portion of Redmond is in an Opportunity Zone. Short walking distance to various major shopping. CLA to show.

Last Agent to Sell the Property

Mike Hoover

Mike Hoover Sales LLC License #780403757 Listed on: 09/11/2020

Last Buyer's Agent

Mike Hoover

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,765

Lot Details

  • 3.38 Acre Lot
  • Landscaped
  • Level Lot
  • Property is zoned R5, R5

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 01400
  • Assessor Parcel Number 161844

Property Details

Property Type

Land

Est. Annual Taxes

$2,765

Lot Details

0

Listing Details

  • Directions: West from Canal on SW Salmon to 22d St. Directly south is entry to property.
  • Garage Yn: No
  • Lot Size Acres: 3.38
  • Prop. Type: Land
  • Property Sub Type: Investment
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Co List Office Phone: 541-408-7811
  • MLS Status: Closed
  • 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: R5
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Manufactured Structure Allowed YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 01400
  • Utilities:Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Landscaped, Level
  • Other Structures: Other
  • Fencing: Other
  • Horse: No
  • Lot Features:Level: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available
  • Senior Community: 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: No
  • Lot Size Sq Ft: 147232.8
  • Parcel #: 161844
  • Irrigation Water Rights: No
  • Current Use: Other
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2765.01
  • Tax Lot: 01400
  • Tax Map Number: 151320DA
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Aug 19, 2021
Sold by
Mong John R
Bought by
Dps Llc
Seller's Agent
Mike Hoover
Mike Hoover Sales LLC
Buyer's Agent
Mike Hoover
Mike Hoover Sales LLC
List Price
$2,375,000
Sold Price
$2,375,000
Current Estimated Value
$1,934,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$440,986
Avg. Annual Appreciation
-6.62%
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
Dps Llc $2,375,000 Fidelity National Title
Central Oregon Irrigation District $228 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mong John R $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $2,375,000 0.0% $1,598 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
09/09/2020 09/09/20 For Sale $2,375,000 -- $1,598 / 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 $3,602 $178,760 -- --
2023 $3,445 $173,560 $0 $0
2022 $3,132 $163,610 $0 $0
2021 $3,028 $158,850 $0 $0
2020 $2,891 $158,850 $0 $0
2019 $2,765 $154,230 $0 $0
2018 $2,696 $149,740 $0 $0
2017 $2,632 $145,380 $0 $0
2016 $2,596 $141,150 $0 $0
2015 $2,516 $137,040 $0 $0
2014 $2,450 $133,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220108934

Oregon Datashare

APN: 161844