NOT LISTED FOR SALE

2502 SW 23rd St Redmond, OR 97756

Estimated Value: $691,337 - $847,000

8 Beds
8 Baths
3,168 Sq Ft
$251/Sq Ft Est. Value

Last Sold September 22, 2017

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

Est. 77% increase in value since last sale

Current estimated payment $5,065/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 Listed By

Corey Charon

Coastal Sotheby's International Realty License #201205074 Listed on: 07/14/2017

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: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
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Architectural Style Ranch: 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 Map Number: 151320DA
  • 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
Curths Randall R and Randall R Curths Revocable Living Trust
Total Days on Market
101
Current Estimated Value
$794,834

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
Coastal Sotheby's International Realty
Buyer's Agent
Corey Charon
Coastal Sotheby's International Realty
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
8.35%

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 Buyer Sale Price Title Company
Curths Randall R -- None Available
Curths Randy R $450,000 Deschutes County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liv Randall R Curths Revocable $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: Southern Oregon MLS

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 $7,644 $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

    Coastal Sotheby's International Realty

See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 201704691

Southern Oregon MLS

APN: 190671

Oregon Deschutes County Redmond 97756

2502 SW 23rd St, Redmond, OR

Homes for Sale in Redmond, OR

This home is located at 2502 SW 23rd St, Redmond, OR 97756 since 14 July 2017 and is currently estimated at $794,834, approximately $250 per square foot. This property was built in 1997. 2502 SW 23rd St 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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