NOT LISTED FOR SALE

2640 NW College Way Unit 1-4 Bend, OR 97701

Awbrey Butte Neighborhood

Estimated Value: $1,122,000 - $2,088,000

8 Beds
4 Baths
4,952 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 27, 2013

Last sale price $768,000 $155 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $10,631/month

52 Days on Market

Highlights

  • Mountain View
  • Deck
  • Patio
  • High Lakes Elementary School Rated A-
  • Northwest Architecture
  • Landscaped

About This Home

As of November 2013

Westside Bend Location!!! Newly Remodeled; wood floors new carpet and appliances. Great rental history! Adjacent to COCC/OSU campus Near Awbrey Glen Golf Course; off Summit & Mount Washington Drive. Possible 1031 Exchange to $1.6 Million with adjacent townhomes. DO NOT DISTURB TENANTS. Fully leased, please respect the QUIET ENJOYMENT of the tenant's homes. See attached photos. Inspection of the interior of the premises upon acceptance of offer. View exterior of building between 9am-5pm.

Last Agent to Sell the Property

John Gist

John Reuss Gist License #200902018 Listed on: 09/16/2013

Last Buyer's Agent

Non Member

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,045

Year Built

  • Built in 1997

Lot Details

  • 0.29 Acre Lot
  • Landscaped

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Northwest Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block P1 / 1 tract :9912.00

Community Details

Overview

  • 4 Units
  • Built by Moody
  • Awbrey Butte Subdivision

Building Details

  • Gross Income $60,000
  • Net Operating Income $42,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,045

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 0.29
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Awbrey Butte
  • Year Built: 1997
  • Total Gross Income: 60000.0
  • Co List Office Phone: 541-518-5000
  • Outside Inclusions: washers and dryers; refridgerators; stove and microwave ovens
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: P1
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 1 tract :9912.00
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style Northwest: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Vinyl
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes

Exterior Features

  • Builder Name: Moody
  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • View: Cascade Mountains, Territorial
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Patio: 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

Lot Info

  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 42300.0
  • Annual Operating Expense: 17700.0

Tax Info

  • Tax Annual Amount: 6045.31
  • Tax Block: 1 tract :9912.00
  • Tax Lot: P1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2016
Sold by
Leavens Nancy
Bought by
Wallstreet+Smarts Llc
Current Estimated Value
$1,836,263

Purchase Details

Listed on
Sep 16, 2013
Closed on
Nov 21, 2013
Sold by
Gist John R
Bought by
Leavens Nancy and The Nancy Leavens Trust
Seller's Agent
John Gist
John Reuss Gist
Buyer's Agent
Non Member
No Office
List Price
$796,000
Sold Price
$768,000
Premium/Discount to List
-$28,000
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Gist John R
Bought by
Gist John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wallstreet+Smarts Llc -- None Available
Leavens Nancy $768,000 Deschutes County Title Co
Gist John R -- Western Title & Escrow Co
Gist John R -- --
Gist John R -- Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gist John R $359,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2013 11/27/13 Sold $768,000 -3.5% $155 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $796,000 -- $161 / 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 $11,664 $690,330 -- --
2024 $11,222 $670,230 -- --
2023 $10,403 $650,710 $0 $0
2022 $9,706 $613,360 $0 $0
2021 $9,720 $595,500 $0 $0
2020 $9,222 $595,500 $0 $0
2019 $8,965 $578,160 $0 $0
2018 $8,712 $561,330 $0 $0
2017 $8,456 $544,990 $0 $0
2016 $8,064 $529,120 $0 $0
2015 $7,841 $513,710 $0 $0
2014 $7,409 $498,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John Gist

    John Reuss Gist

    Section Image

  • N

    Buyer's Agent in 2013

    Non Member

    No Office

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Map

Source: Oregon Datashare

MLS Number: 201308816

Oregon Datashare

APN: 191783

Oregon Deschutes County Bend 97701 Awbrey Butte

2640 NW College Way Unit 1-4, Bend, OR

Not Listed for Sale

MultiFamily

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