NOT LISTED FOR SALE

2462 SW Timber View Ct Redmond, OR 97756

Estimated Value: $947,000 - $1,019,000

8 Beds
10 Baths
8,376 Sq Ft
$118/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $1,138,000 $136 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,788/month

266 Days on Market

Highlights

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

About This Home

As of February 2018

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 2472-2478 SW Timber View Ct. (Tax lot/Map 151320DA01503).

Last Agent to Sell the Property

Peggi Schoning

Rogue Real Estate, LLC License #201106096 Listed on: 01/16/2018

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

  • $9,955

Year Built

  • Built in 2006

Lot Details

  • 0.63 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
  • Garage Door Opener
  • Shared Driveway

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7 & 8
  • Assessor Parcel Number 252519

Community Details

Overview

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

Building Details

  • Professional Management Expense $5,089
  • Gross Income $82,204
  • Net Operating Income $52,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,955

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: One, Two
  • Lot Size Acres: 0.63
  • 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: 82203.88
  • Professional Management Expense: 5089.25
  • 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: 7 & 8
  • 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
  • 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, Garage Door Opener, Shared Driveway, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: 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: 27442.8
  • Parcel #: 252519
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 52072.17
  • Annual Operating Expense: 30131.71

Tax Info

  • Tax Annual Amount: 9955.36
  • Tax Block: N/A
  • Tax Lot: 7 & 8
  • Tax Map Number: 151320DA0
  • 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 Vi Llc
Current Estimated Value
$987,000

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jan 29, 2018
Sold by
Tri County Builders Corp
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
$1,138,000
Sold Price
$1,138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.85%
Source: Public Records

Range of Values:

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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
Puddles Properties Vi Llc -- None Available
Burk Michael Gregg $1,138,000 Deschutes County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tri County Builders Corp $413,250
Previous Owner Tri County Builders Corp $321,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $1,138,000 0.0% $136 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
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 $6,908 $342,840 -- --
2023 $6,606 $332,860 $0 $0
2022 $6,006 $313,760 $0 $0
2021 $5,807 $304,630 $0 $0
2020 $5,545 $304,630 $0 $0
2019 $5,302 $295,760 $0 $0
2018 $5,170 $287,150 $0 $0
2017 $5,047 $278,790 $0 $0
2016 $4,978 $270,670 $0 $0
2015 $4,826 $262,790 $0 $0
2014 $4,698 $255,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggi Schoning

    Seller's Agent in 2018

    Peggi Schoning

    Rogue Real Estate, LLC

    (541) 788-4100

    7 in this area

    23 Total Sales

    Peggi Schoning
    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Brent Chisholm

    Rogue Real Estate, LLC

  • John Kelley

    Buyer's Agent in 2018

    John Kelley

    RE/MAX

    (541) 948-0062

    7 in this area

    57 Total Sales

    John Kelley
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 201703657

Oregon Datashare

APN: 252519

Oregon Deschutes County Redmond 97756

2462 SW Timber View Ct, Redmond, OR

This home is located at 2462 SW Timber View Ct, Redmond, OR 97756 since 16 January 2018 and is currently estimated at $987,000, approximately $117 per square foot. This property was built in 2006. 2462 SW Timber View Ct 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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