$1,138,000
SOLD DEC 1, 2017

2251 SW Timber Ave Redmond, OR 97756

-- Bed
-- Bath
8,376 Sq Ft
0.53 Acres

Recently Sold

$136 Per Sq Ft

73 Days on Market

Highlights

  • 0.53 Acre Lot
  • Deck
  • Territorial View
  • Sage Elementary School Rated A-
  • Contemporary Architecture
  • No HOA

About This Home

As of November 2024

Quality built, well-maintained quadraplexes. These properties have all the amenities. Cozy gas 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: 04/29/2017

Co-Listed By

Brent Chisholm

Rogue Real Estate, LLC License #201109091

Last Buyer's Agent

Corey Charon

Cascade Hasson SIR License #201205074

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,864

Year Built

  • Built in 2006

Lot Details

  • 0.53 Acre Lot
  • Fenced
  • Landscaped

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Parking

  • Attached Garage
  • Shared Driveway

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 1 & 2
  • Assessor Parcel Number 252525

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Built by Tri-County Builders
  • Timber Acres Subdivision

Building Details

  • Professional Management Expense $5,091
  • Gross Income $85,939
  • Net Operating Income $54,478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,864

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: One, Two
  • Lot Size Acres: 0.53
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Timber Acres
  • Year Built: 2006
  • Total Gross Income: 85939.45
  • Professional Management Expense: 5090.93
  • Co List Office Mls Id: ocROGUE
  • Co List Office Phone: 541-923-8222
  • Co List Office Phone: 541-728-0995
  • 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: Redmond High
  • General Property Information:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1 & 2
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: N/A
  • Appliances Microwave: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Builder Name: Tri-County Builders
  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Driveway, Shared Driveway, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: 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: Redmond High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Parcel #: 252525
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 54477.57
  • Annual Operating Expense: 31461.88

Tax Info

  • Tax Annual Amount: 9863.71
  • Tax Block: N/A
  • Tax Lot: 1 & 2
  • Tax Map Number: 151320DA0
  • Tax Year: 2017

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:

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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 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: 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 $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

  • C

    Seller's Agent in 2024

    Corey Charon

    Cascade Hasson SIR

  • P

    Seller's Agent in 2017

    Peggi Schoning

    Rogue Real Estate, LLC

  • B

    Seller Co-Listing Agent in 2017

    Brent Chisholm

    Rogue Real Estate, LLC

  • R

    Seller Co-Listing Agent in 2017

    Rob Chisholm

    Rogue Real Estate, LLC

  • O

    Buyer's Agent in 2017

    OR and WA Non Rmls

    Non Rmls Broker

See All Agents

Map

Source: Oregon Datashare

MLS Number: 201703675

Oregon Datashare

APN: 252525

Oregon Deschutes County Redmond 97756

2251 SW Timber Ave, Redmond, OR

This home is located at 2251 SW Timber Ave, Redmond, OR 97756 and is currently priced at $1,138,000, approximately $135 per square foot. This property was built in 2006. 2251 SW Timber Ave 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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