NOT LISTED FOR SALE

2432 SW 23rd St Redmond, OR 97756

Estimated Value: $894,000 - $3,125,468

8 Beds
10 Baths
12,564 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $1,650,000 $131 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $8,370/month

10 Days on Market

Highlights

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

About This Home

As of June 2017

Quality built, well-maintained quadraplexes. These properties have all the amenities. Cozy gas fireplace in living rooms, kitchens come with range/oven, microwave, refrigerator & dishwasher. Each unit has a patio/deck with landscaping and sprinkler system. High income-producing, great investment! Muse be sold together with 2442-2448 SW 23rd St and 2452-2458 SW 23rd St. Price includes all three properties.

Last Agent to Sell the Property

Peggi Schoning

Rogue Real Estate, LLC License #201106096 Listed on: 05/01/2017

Co-Listed By

Brent Chisholm

Rogue Real Estate, LLC License #201109091

Last Buyer's Agent

John Kelley

RE/MAX Key Properties License #200803122

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,543

Year Built

  • Built in 2006

Lot Details

  • 0.93 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
  • 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 4, 3 & 5
  • Assessor Parcel Number 252522

Community Details

Overview

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

Building Details

  • Professional Management Expense $7,625
  • Gross Income $129,711
  • Net Operating Income $82,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,543

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: One, Two
  • Lot Size Acres: 0.93
  • 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: 129711.43
  • Professional Management Expense: 7625.05
  • 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: 4, 3 & 5
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: N/A
  • 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, 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: Attached, Shared Driveway, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Shared Driveway: 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: 40510.8
  • Parcel #: 252522
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 12
  • Net Operating Income: 82855.74
  • Annual Operating Expense: 46855.69

Tax Info

  • Tax Annual Amount: 14542.71
  • Tax Block: N/A
  • Tax Lot: 4, 3 & 5
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2018
Sold by
Burk Michael Gregg and Burk Debbie Jane
Bought by
Puddles Properties Iv Llc
Current Estimated Value
$1,482,367

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 1, 2017
Sold by
Tri County Builers Corporation
Bought by
Burk Michael Gregg and Burk Debbie Jane
Seller's Agent
Peggi Schoning
Rogue Real Estate, LLC
Buyer's Agent
John Kelley
RE/MAX Key Properties
List Price
$1,707,000
Sold Price
$1,650,000
Premium/Discount to List
-$57,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Puddles Properties Iv Llc -- None Available
Burk Michael Gregg $1,650,000 Deschutes County Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2017 06/09/17 Sold $1,650,000 -3.3% $131 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $1,707,000 -- $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
2025 $6,688 $328,020 -- --
2024 $6,417 $318,470 -- --
2023 $6,137 $309,200 $0 $0
2022 $5,579 $291,460 $0 $0
2021 $5,394 $282,980 $0 $0
2020 $5,151 $282,980 $0 $0
2019 $4,925 $274,740 $0 $0
2018 $4,803 $266,740 $0 $0
2017 $4,689 $258,980 $0 $0
2016 $4,624 $251,440 $0 $0
2015 $4,483 $244,120 $0 $0
2014 $4,365 $237,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggi Schoning

    Seller's Agent in 2017

    Peggi Schoning

    Rogue Real Estate, LLC

    (541) 788-4100

    6 in this area

    22 Total Sales

    Peggi Schoning
    Section Image

  • B

    Seller Co-Listing Agent in 2017

    Brent Chisholm

    Rogue Real Estate, LLC

  • John Kelley

    Buyer's Agent in 2017

    John Kelley

    RE/MAX

    (541) 948-0062

    7 in this area

    54 Total Sales

    John Kelley
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 201703706

Oregon Datashare

APN: 252522

Oregon Deschutes County Redmond 97756

2432 SW 23rd St, Redmond, OR

Not Listed for Sale

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