NOT LISTED FOR SALE

2603 SW 50th St Redmond, OR 97756

Estimated Value: $604,000 - $619,000

3 Beds
2 Baths
2,018 Sq Ft
$303/Sq Ft Est. Value

Last Sold March 19, 2013

Last sale price $221,000 $110 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $3,781/month

83 Days on Market

Highlights

  • Craftsman Architecture
  • Mountain View
  • Corner Lot
  • Sage Elementary School Rated A-
  • Deck
  • Great Room

About This Home

As of March 2013

Inventory is low, buyers are competing with multiple offers on the cream of the crop..and this home *is* the cream of the crop! 3 bedrooms and den/office with open living area, beautiful hardwoods, stainless appliances, 2 full baths with tile, over sized private master with huge soaking tub in master bath, central vac ready large 1/4 acre lot, RV parking and amazing Cascade Mountain Views. Private park with BB hoop, covered picknic area and play structure.

Last Listed By

Kip Lohr

Lohr Real Estate License #920400192 Listed on: 11/14/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,862

Year Built

  • Built in 2008

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Landscaped
  • Corner Lot
  • Property is zoned R2, R2

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,018 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Mountain Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Sage Elementary School
  • Obsidian Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Refrigerator
  • Tax Lot 1
  • Assessor Parcel Number 256495

Community Details

Overview

  • Property has a Home Owners Association
  • Summit Crest Subdivision

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,862

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Summit Crest
  • Year Built: 2008
  • Co List Office Phone: 541-306-1557
  • MLS Status: Closed
  • General Property Information:Zoning2: R2
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1
  • Location Tax and Legal:Tax Block: N/A
  • Appliances Microwave: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Rooms:Office2: Yes
  • Rooms:Great Room2: Yes
  • Architectural Style Craftsman: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry, Primary Downstairs, Walk-In Closet(s)
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Corner Lot, Fenced, Landscaped
  • Roof: Composition
  • View: Cascade Mountains
  • Exclusions: Refrigerator
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Other
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Park
  • Association: Yes
  • Community Features: Park

Association/Amenities

  • General Property Information:Association YN: Yes
  • Association Amenities:Park: Yes

Schools

  • Elementary School: Sage Elem
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 256495
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2861.91
  • Tax Block: N/A
  • Tax Lot: 1
  • Tax Map Number: 151319 CC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2012
Closed on
Mar 18, 2013
Sold by
Payne Randy E and Payne Kathleen E
Bought by
Ross Michael R and Ross Susan M
Seller's Agent
Kip Lohr
Lohr Real Estate
Buyer's Agent
Dana Furlan
Bend Premier Real Estate LLC
List Price
$234,900
Sold Price
$221,000
Premium/Discount to List
-$13,900
-5.92%
Total Days on Market
83
Current Estimated Value
$611,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,919
Avg. Annual Appreciation
8.75%
Original Mortgage
$198,900
Outstanding Balance
$144,114
Interest Rate
3.53%
Mortgage Type
New Conventional
Estimated Equity
$469,425

Purchase Details

Closed on
Mar 23, 2009
Sold by
D R Horton Inc Portland
Bought by
Payne Randy E and Payne Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,278
Interest Rate
5.15%
Mortgage Type
FHA

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
Ross Michael R $221,000 Western Title & Escrow
Payne Randy E $199,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Michael R $198,900
Previous Owner Payne Randy E $196,278
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2013 03/19/13 Sold $221,000 -5.9% $110 / Sq Ft
02/03/2013 02/03/13 Pending -- -- --
11/12/2012 11/12/12 For Sale $234,900 -- $116 / 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 $4,462 $221,460 -- --
2023 $4,267 $215,010 $0 $0
2022 $3,879 $202,670 $0 $0
2021 $3,751 $196,770 $0 $0
2020 $3,581 $196,770 $0 $0
2019 $3,425 $191,040 $0 $0
2018 $3,340 $185,480 $0 $0
2017 $3,260 $180,080 $0 $0
2016 $3,215 $174,840 $0 $0
2015 $3,117 $169,750 $0 $0
2014 $3,035 $164,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 201208781

Southern Oregon MLS

APN: 256495