$432,000
SOLD OCT 30, 2014

2650 NW Elm Ave Redmond, OR 97756

1.8 Acres
$240,000 Price per Acre
78,408 Sq Ft Lot

Recently Sold

20% Below List Price

66 Days on Market

About This Lot

As of November 2016

Superior opportunity, 1.8 acres fully developed and waiting final signatures and Mylar for 36 Town Home lots in Fairhaven. Creative seller open to trades, take downs, owner carry, and has designs and plans available! A great time to get in and build some well priced Town Homes in Redmond!

Last Agent to Sell the Property

Eric Andrews

Bend Premier Real Estate LLC Brokerage Phone: 541.771.1168 License #200409017 Listed on: 08/01/2014

Co-Listed By

Bruce Kemp

Compass Commercial Real Estate Brokerage Phone: 541.771.1168 License #960500213

Last Buyer's Agent

Dan Kemp

Compass Commercial Real Estate License #201203140

Compass Commercial Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,125

Year Built

  • 2017

Lot Details

  • 1.8 Acre Lot
  • Property is zoned R4, R4

Property Views

  • City
  • Mountain
  • Territorial

Schools

  • John Tuck Elementary School
  • Elton Gregory Middle School
  • Redmond High School

Community Details

  • Property has a Home Owners Association
  • Fairhaven Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 276070

Property Details

Property Type

Land

Est. Annual Taxes

$1,125

Year Built

2017

Lot Details

0

Listing Details

  • Directions: North on 27th, east on Elm Ave.
  • Lot Size Acres: 1.8
  • Prop. Type: Land
  • Property Sub Type: Investment
  • Road Surface Type: Paved
  • Subdivision Name: Fairhaven
  • Attribution Contact: 541.771.1168
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-323-2779
  • MLS Status: Closed
  • General Property Information:Zoning2: R4
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 3
  • Location Tax and Legal:Tax Block: 0
  • View:Mountain(s): Yes
  • View:City3: Yes
  • Special Features: None
  • Year Built (Public Record): 2017

Exterior Features

  • View: City, Mountain(s), Territorial

Utilities

  • Sewer: Public Sewer
  • Water Source: Backflow Domestic, Public

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Gas Available

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Elementary School: John Tuck Elem
  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Lot Size Sq Ft: 78408.0
  • Parcel #: 276070
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1125.04
  • Tax Block: 0
  • Tax Lot: 3
  • Tax Map Number: 151308DC

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%
Total Days on Market
66
Current Estimated Value
$373,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,277
Avg. Annual Appreciation
-4.00%

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:

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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 Type Sale Price Title Company
Warranty Deed $530,000 Amerititle
Warranty Deed $432,000 Deschutes County Title Co
Bargain Sale Deed $95,000 Deschutes County Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $332,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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% --
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
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

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Map

Source: Oregon Datashare

MLS Number: 201407609

Oregon Datashare

APN: 276070