NOT LISTED FOR SALE

2502 SW 23rd St Redmond, OR 97756

Estimated Value: $734,000 - $835,000

8 Beds
8 Baths
3,168 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $450,000 $142 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,915/month

101 Days on Market

Highlights

  • Territorial View
  • Ranch Style House
  • No HOA
  • Sage Elementary School Rated A-
  • Corner Lot
  • Attached Garage

About This Home

As of September 2017

Well built single level Four-Plex in Redmond. Tenants all long term 5-9 years, month-to-month. Property generates $2900/month in rental income, $768/month in expenses. All units approximately 800 SF with 2bed/2bath and garage. Rear yards are individually fenced for privacy. Property could use exterior paint.

Last Agent to Sell the Property

Corey Charon

Cascade Hasson SIR License #201205074 Listed on: 07/14/2017

Last Buyer's Agent

Corey Charon

Cascade Hasson SIR License #201205074

Cascade Hasson SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1997

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Landscaped
  • Corner Lot

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Composition Roof

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Schools

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

Additional Features

  • Territorial Views
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 190671

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Jensen Tracts Subdivision

Building Details

  • Gross Income $34,800
  • Net Operating Income $23,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.31
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Jensen Tracts
  • Year Built: 1997
  • Total Gross Income: 34800.0
  • Co List Office Phone: 541-383-7600
  • 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: Ridgeview 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
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Architectural Style Ranch: Yes
  • Foundation Details Block2: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block
  • Lot Features: Corner Lot, Fenced, Landscaped
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Attached, Other
  • Attached Garage: Yes
  • Parking Features:Attached: 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: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 190671
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 23840.0
  • Annual Operating Expense: 4020.0

Tax Info

  • Tax Annual Amount: 5200.0
  • Tax Block: 0
  • Tax Lot: 4
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Curths Randy R
Bought by
Randall R Curths Revocable Living Trust and Curths
Current Estimated Value
$804,864

Purchase Details

Listed on
Jul 14, 2017
Closed on
Sep 19, 2017
Sold by
Platt Ronald E
Bought by
Curths Randy R
Seller's Agent
Corey Charon
Cascade Hasson SIR
Buyer's Agent
Corey Charon
Cascade Hasson SIR
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Randall R Curths Revocable Living Trust -- None Listed On Document
Curths Randy R $450,000 Deschutes County Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $450,000 -9.8% $142 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $499,000 -- $158 / 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 $7,968 $390,780 -- --
2024 $7,644 $379,400 -- --
2023 $7,310 $368,350 $0 $0
2022 $6,646 $347,220 $0 $0
2021 $6,426 $337,110 $0 $0
2020 $6,136 $337,110 $0 $0
2019 $5,868 $327,300 $0 $0
2018 $5,722 $317,770 $0 $0
2017 $5,586 $308,520 $0 $0
2016 $5,199 $291,040 $0 $0
2015 $4,392 $246,260 $0 $0
2014 $4,692 $261,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Corey Charon

    Cascade Hasson SIR

See All Agents

Map

Source: Oregon Datashare

MLS Number: 201704691

Oregon Datashare

APN: 190671

Oregon Deschutes County Redmond 97756

2502 SW 23rd St, Redmond, OR

Not Listed for Sale

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