NOT LISTED FOR SALE

2650 NW Elm Ave Redmond, OR 97756

Estimated Value: $353,562 - $408,000

1.79 Acres
$211,950 Price per Acre
77,972 Sq Ft Lot

Last Sold November 29, 2016

Last sale price $530,000

Est. 28% decrease in value since last sale

Current estimated payment $2,233/month

298 Days on Market

About This Lot

As of November 2016

36 unit townhome development in Fairhaven. This is a 1.79 acre PUD with sewer and water complete. In an area of nice single and multi-family homes. Close to schools, parks, and shopping. Zoned R4. Potential buyers should consult the City of Redmond Community Development Department to verify the land use approval status of the project.

Last Agent to Sell the Property

Bruce Churchill

Compass Commercial Real Estate License #971000080 Listed on: 02/29/2016

Compass Commercial Real Estate

Co-Listed By

Brian Fratzke

Fratzke Commercial R.E. Advisors License #200402169

Last Buyer's Agent

Brian Fratzke

Fratzke Commercial R.E. Advisors License #200402169

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,125

Lot Details

  • 1.79 Acre Lot
  • Property is zoned R4, R4

Schools

  • Elton Gregory Middle School
  • Redmond High School

Community Details

  • No Home Owners Association
  • Fairhaven Subdivision

Listing and Financial Details

  • Tax Lot pt 3
  • Assessor Parcel Number 276070

Property Details

Property Type

Land

Est. Annual Taxes

$1,125

Lot Details

0

Listing Details

  • Lot Size Acres: 1.79
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Subdivision Name: Fairhaven
  • Co List Office Mls Id: ocFRAT
  • Co List Office Phone: 541-306-4948
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Elton Gregory Middle
  • General Property Information High School: Redmond High
  • General Property Information:Zoning2: R4
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: pt 3
  • Location Tax and Legal:Tax Block: N/A
  • Special Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Lot Size Sq Ft: 77972.4
  • Parcel #: 276070
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1125.04
  • Tax Block: N/A
  • Tax Lot: pt 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Nov 17, 2016
Sold by
Vannett Mike
Bought by
Kappyko Llc
Seller's Agent
Bruce Churchill
Compass Commercial Real Estate
Buyer's Agent
Brian Fratzke
Fratzke Commercial R.E. Advisors
List Price
$535,000
Sold Price
$530,000
Premium/Discount to List
-$5,000
-0.93%
Current Estimated Value
$379,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,609
Avg. Annual Appreciation
-3.65%

Purchase Details

Listed on
Aug 1, 2014
Closed on
Oct 24, 2014
Sold by
Leisure Properties Llc
Bought by
Vannett Mike
Seller's Agent
Eric Andrews
Bend Premier Real Estate LLC
Buyer's Agent
Dan Kemp
Compass Commercial Real Estate
List Price
$540,000
Sold Price
$432,000
Premium/Discount to List
-$108,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$332,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 23, 2013
Closed on
Jan 28, 2014
Sold by
Columbia State Bank
Bought by
Leisure Properties Llc
Seller's Agent
Ron Ross
Compass Commercial Real Estate
Buyer's Agent
Eric Andrews
Bend Premier Real Estate LLC
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
653.38%
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
Kappyko Llc $530,000 Amerititle
Vannett Mike $432,000 Deschutes County Title Co
Leisure Properties Llc $95,000 Deschutes County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vannett Mike $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2016 11/29/16 Sold $530,000 -0.9% --
07/29/2016 07/29/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $535,000 +23.8% --
10/30/2014 10/30/14 Sold $432,000 -20.0% -- View Prior Sale
10/06/2014 10/06/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $540,000 +468.4% --
01/30/2014 01/30/14 Sold $95,000 0.0% -- View Prior Sale
01/03/2014 01/03/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $95,000 -- --
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 $2,751 $134,940 -- --
2024 $2,640 $131,010 -- --
2023 $2,525 $127,200 $0 $0
2022 $2,295 $119,910 $0 $0
2021 $2,219 $116,420 $0 $0
2020 $2,119 $116,420 $0 $0
2019 $2,026 $113,030 $0 $0
2018 $1,243 $69,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Churchill

    Seller's Agent in 2016

    Bruce Churchill

    Compass Commercial Real Estate

    (541) 280-7560

    2 in this area

    7 Total Sales

    Bruce Churchill
    Section Image
  • Brian Fratzke

    Seller Co-Listing Agent in 2016

    Brian Fratzke

    Fratzke Commercial R.E. Advisors

    (541) 480-2526

    14 in this area

    37 Total Sales

    Brian Fratzke
    Section Image
  • Eric Andrews

    Seller's Agent in 2014

    Eric Andrews

    Bend Premier Real Estate LLC

    (541) 323-2779

    14 in this area

    151 Total Sales

    Eric Andrews
    Section Image
  • Ron Ross

    Seller's Agent in 2014

    Ron Ross

    Compass Commercial Real Estate

    (541) 480-8884

    6 in this area

    21 Total Sales

    Ron Ross
    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Bruce Kemp

    Compass Commercial Real Estate

  • Dan Kemp

    Buyer's Agent in 2014

    Dan Kemp

    Compass Commercial Real Estate

    (541) 550-8413

    4 in this area

    26 Total Sales

    Dan Kemp
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 201510513

Oregon Datashare

APN: 276070

Oregon Deschutes County Redmond 97756

2650 NW Elm Ave, Redmond, OR

Not Listed for Sale

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