NOT LISTED FOR SALE

2305 SW Yew Ave Redmond, OR 97756

Estimated Value: $652,000

6.19 Acres
$105,331 Price per Acre
269,636 Sq Ft Lot

Last Sold August 24, 2015

Last sale price $475,000

Est. 37% increase in value since last sale

Current estimated payment $3,729/month

876 Days on Market

Highlights

  • 6.19 Acre Lot
  • Territorial View
  • No HOA
  • Sage Elementary School Rated A-

About This Lot

As of August 2015

Bank owned 6.19 acres, C-1 zoned, commercial property just west of Hwy 97/Yew interchange with good highway access and recent Yew Ave road improvements west to the Canal/Yew roundabout. South end Redmond location close to airport and fairgrounds and convenient to Bend. PRICE JUST REDUCED $75,000 to 1.76 per foot!!! Least expensive commercial land in Redmond! Mostly flat, City approved retail site plan extended through June of 2015.

Last Agent to Sell the Property

John Schimmoller

RE/MAX Key Properties License #201102108 Listed on: 12/10/2013

RE/MAX Key Properties

Co-Listed By

Deborah Martorano

RE/MAX Key Properties License #930500306

Last Buyer's Agent

Louie Hoffman

John L Scott Bend License #920300327

John L Scott Bend

Property Details

Property Type

  • Land

Lot Details

  • 6.19 Acre Lot
  • Property is zoned C-1, C-1

Property Views

  • Territorial Views

Schools

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

Community Details

  • No Home Owners Association
  • Clar Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: From Hwy 97, west on Yew, enter the property from Comfort Inn Suites entrance road.
  • Lot Size Acres: 6.19
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Road Surface Type: Paved
  • Subdivision Name: CLAR
  • Co List Office Mls Id: ocRMKP
  • Co List Office Phone: 541-728-0033
  • Co List Office Phone: 541-728-0033
  • 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: C-1
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Water Source:None7: Yes
  • Location Tax and Legal:Tax Lot: 0
  • Location Tax and Legal:Tax Block: 0
  • Sewer:None6: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • View: Territorial

Utilities

  • Sewer: None, Other
  • Water Source: None

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

  • Lot Size Sq Ft: 269636.4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12748.1
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 151329A0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2015
Sold by
Prineville Reservoir Investment Llc
Bought by
Faulkner Kenneth Roy and Faulkner Mandy M
Current Estimated Value
$652,000

Purchase Details

Listed on
Dec 10, 2013
Closed on
Aug 21, 2015
Sold by
Columbia State Bank
Bought by
Prineville Reservoir Investment Llc
Seller's Agent
John Schimmoller
RE/MAX Key Properties
Buyer's Agent
Louie Hoffman
John L Scott Bend
List Price
$625,000
Sold Price
$475,000
Premium/Discount to List
-$150,000
-24%

Purchase Details

Closed on
Dec 20, 2012
Sold by
Anderson Terry L and Anderson Candice E
Bought by
Columbia State Bank

Purchase Details

Closed on
Nov 15, 2012
Sold by
Anderson Terry L and Anderson Candice E
Bought by
Columbia State Bank

Purchase Details

Closed on
Jun 20, 2005
Sold by
Leep Ronald B and Leep Karen
Bought by
Anderson Terry L and Anderson Candice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,500
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 20, 2005
Sold by
Leep Ronald B and Leep Karen
Bought by
Leep Ronald R and Leep Karen
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Faulkner Kenneth Roy $240,437 Deschutes County Title Co
Prineville Reservoir Investment Llc $475,000 Deschutes County Title Co
Columbia State Bank -- Accommodation
Columbia State Bank $740,000 Accommodation
Anderson Terry L $1,328,500 First Amer Title Ins Co Or
Leep Ronald R -- First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Terry L $903,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2015 08/24/15 Sold $475,000 -24.0% --
04/30/2015 04/30/15 Pending -- -- --
12/05/2012 12/05/12 For Sale $625,000 -- --
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 $3,435 $170,500 $170,500 --
2023 $3,285 $165,540 $165,540 $0
2022 $2,987 $156,040 $0 $0
2021 $2,888 $151,500 $0 $0
2020 $2,757 $151,500 $0 $0
2019 $2,637 $147,090 $0 $0
2018 $2,571 $142,810 $0 $0
2017 $2,510 $138,653 $0 $0
2016 $2,496 $135,710 $0 $0
2015 $2,419 $131,760 $0 $0
2014 $2,356 $127,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Schimmoller

    Seller's Agent in 2015

    John Schimmoller

    RE/MAX

    (541) 728-0033

    16 in this area

    87 Total Sales

    John Schimmoller
    Section Image
  • Deborah Martorano

    Seller Co-Listing Agent in 2015

    Deborah Martorano

    RE/MAX

    (541) 480-2089

    13 in this area

    85 Total Sales

    Deborah Martorano
    Section Image
  • Louie Hoffman

    Buyer's Agent in 2015

    Louie Hoffman

    John L Scott Bend

    (541) 480-8130

    186 Total Sales

    Louie Hoffman
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 201209234

Oregon Datashare

APN: 130187

Oregon Deschutes County Redmond 97756

2305 SW Yew Ave, Redmond, OR

This home is located at 2305 SW Yew Ave, Redmond, OR 97756 since 10 December 2013 and is currently priced at $652,000. 2305 SW Yew 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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