NOT LISTED FOR SALE

2559 SW 20th St Redmond, OR 97756

Estimated Value: $463,188 - $571,000

4 Beds
2 Baths
1,776 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $230,000 $130 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,087/month

110 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • Sage Elementary School Rated A-
  • Corner Lot
  • 4-minute walk to Raprd Activity Center

About This Home

As of April 2017

Investors: Three separate duplex units all listed and available next to one another on a quite cul-de-sac. Convenient SW location provides easy access/commute to Bend. Each unit has additional land to add units and or beds/baths for increased incomes. All units on oversized, separately fenced R5 zoned lots. All current leases are either up with new rents and or up March 31st 2017. Bring your cash, new loan or 1031 exchange money for an opportunity to own this unique investment property.

Last Listed By

Geoffrey Groener

Coastal Sotheby's International Realty License #200410294 Listed on: 03/08/2017

Coastal Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1973

Lot Details

  • 0.42 Acre Lot
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • Vinyl Clad Windows
  • Aluminum Window Frames

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Baseboard Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Timber Acres Subdivision

Listing and Financial Details

  • Exclusions: renter's personal property
  • Assessor Parcel Number 161944

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,475

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.42
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Timber Acres
  • Year Built: 1973
  • Co List Office Phone: 541-383-7600
  • Outside Inclusions: range/oven; refrigerator
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RS
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 0
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Laminate Counters, Primary Downstairs, Shower/Tub Combo
  • Window Features: Aluminum Frames, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Corner Lot, Fenced
  • Roof: Composition
  • Exclusions: renter's personal property
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Asphalt, Driveway, On Street, Other
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:On Street: Yes

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: 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: 18295.2
  • Parcel #: 161944
  • ResoLotSizeUnits: Acres
  • Zoning Description: RS
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2475.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 151320DA
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Mar 8, 2017
Sold by
Cross James R
Bought by
Guitar Randy Paul and Randy Paul Guitar Trust
Seller's Agent
Geoffrey Groener
Coastal Sotheby's International Realty
Buyer's Agent
Randy Guitar
Fred Real Estate Group
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Total Days on Market
110
Current Estimated Value
$501,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,047
Avg. Annual Appreciation
9.97%
Original Mortgage
$172,500
Outstanding Balance
$145,154
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$352,133

Purchase Details

Closed on
Mar 5, 2014
Sold by
Cross James Robert
Bought by
Cross James R

Purchase Details

Listed on
Sep 24, 2013
Closed on
Oct 17, 2013
Sold by
Roman Dierdre A
Bought by
Cross James Robert
Seller's Agent
Dannie Walker
Premiere Property Group, LLC
Buyer's Agent
Geoffrey Groener
Coastal Sotheby's International Realty
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%

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
Guitar Randy Paul $230,000 First American Title
Cross James R -- Multiple
Cross James Robert $270,000 Deschutes County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guitar Randy Paul $172,500
Previous Owner Cross James R $130,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $230,000 -7.6% $130 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
11/18/2016 11/18/16 For Sale $249,000 +84.4% $140 / Sq Ft
10/18/2013 10/18/13 Sold $135,000 -6.9% $76 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $145,000 -- $82 / 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 $3,548 $176,070 -- --
2023 $3,393 $170,950 $0 $0
2022 $3,084 $161,150 $0 $0
2021 $2,983 $156,460 $0 $0
2020 $2,848 $156,460 $0 $0
2019 $2,723 $151,910 $0 $0
2018 $2,656 $147,490 $0 $0
2017 $2,593 $143,200 $0 $0
2016 $2,557 $139,030 $0 $0
2015 $2,459 $134,990 $0 $0
2014 $2,207 $122,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 201610985

Southern Oregon MLS

APN: 161944