$1,138,000
SOLD DEC 1, 2017

2251 SW Timber Ave Redmond, OR 97756

16 Beds
-- Bath
8,376 Sq Ft
0.28 Acres

Recently Sold

$136 Per Sq Ft

191 Days on Market

Highlights

  • Fireplace
  • Attached Garage
  • Level Lot
  • Sage Elementary School Rated A-
  • Views

About This Home

As of November 2024

Quality built, well-maintained quadraplexes. These properties have all the amenities. Cozy fireplaces in living rooms, kitchens come with range/oven, microwave, refrigerator and dishwasher. Each unit has a patio/deck with landscaping and sprinkler system. High income-producing, great investment! Must be sold together with 2261-2267 SW Timber Ave. (Map/Tax Lot 151320DA01509) Price is for both.

Last Agent to Sell the Property

Peggi Schoning

Rogue Real Estate, LLC License #201106096 Listed on: 05/24/2017

Co-Listed By

Rob Chisholm

Rogue Real Estate, LLC License #201109091

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,088

Year Built

  • Built in 2006

Parking

  • Attached Garage

Home Design

  • Stem Wall Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,088

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 8376
  • Stories: 2
  • Year Built: 2006
  • Property Condition: Existing
  • Remarks Public: Quality built, well-maintained quadraplexes. These properties have all the amenities. Cozy fireplaces in living rooms, kitchens come with range/oven, microwave, refrigerator and dishwasher. Each unit has a patio/deck with landscaping and sprinkler system. High income-producing, great investment! Must be sold together with 2261-2267 SW Timber Ave. (Map/Tax Lot 151320DA01509) Price is for both.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TIMBERS 1

Exterior Features

  • Exterior Description: Man Made
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Stem Wall
  • View: Yes

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: Sage
  • Middle School: Obsidian
  • High School: Redmond

Lot Info

  • Lot Description: Level
  • Zoning: RS
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 9864.00
  • Assessor Parcel Number: 252525
  • Assessor Parcel Number 2: 252524

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7, 8
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 13.24

MLS Schools

  • Elementary School: Sage
  • High School: Redmond
  • Middle School: Obsidian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Nov 5, 2024
Sold by
Airborne Properties Llc
Bought by
Bose And Ramesh Family Trust and Bose
Seller's Agent
Corey Charon
Cascade Hasson SIR
Buyer's Agent
Corey Charon
Cascade Hasson SIR
List Price
$999,999
Sold Price
$999,999
Views
4
Current Estimated Value
$1,031,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,141
Avg. Annual Appreciation
3.27%
Original Mortgage
$724,124
Outstanding Balance
$720,565
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$302,190
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $999,999 Deschutes Title
Warranty Deed $999,999 Deschutes Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $724,124 New Conventional
Closed $724,124 New Conventional
Previous Owner $796,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $448,000 Unknown
Previous Owner $438,500 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $999,999 0.0% $189 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $999,999 -12.1% $189 / Sq Ft
12/01/2017 12/01/17 Sold $1,138,000 0.0% $136 / Sq Ft
12/01/2017 12/01/17 Sold $1,138,000 0.0% $136 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
07/10/2017 07/10/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $1,138,000 0.0% $136 / Sq Ft
04/28/2017 04/28/17 For Sale $1,138,000 -- $136 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $7,088 $351,800 -- --
2023 $6,779 $341,560 $0 $0
2022 $6,163 $321,970 $0 $0
2021 $5,959 $312,600 $0 $0
2020 $5,690 $312,600 $0 $0
2019 $5,441 $303,500 $0 $0
2018 $5,116 $284,110 $0 $0
2017 $4,994 $275,840 $0 $0
2016 $4,925 $267,810 $0 $0
2015 $4,775 $260,010 $0 $0
2014 $4,649 $252,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17355421

Regional Multiple Listing Service (RMLS)

APN: 252525