NOT LISTED FOR SALE

2704 SW Glacier Ave Unit 1-4 Redmond, OR 97756

Estimated Value: $790,000 - $973,196

8 Beds
4 Baths
3,922 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 31, 2015

Last sale price $335,450 $86 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $5,603/month

95 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Landscaped
  • Territorial View
  • Patio
  • Carpet

About This Home

As of December 2015

Investors take Note! 100% occupied! Increase of rental rates October 1 to $2900 per month providing a great cash flow! Professionally managed. Great location not far from shopping & schools. Great steady income & some units are under rented, so, the income could be even better! Each unit has a large kitchen, private patios or decks on the back & a large composite deck on the front & the building has an attached laundry room for potential extra income. Parking for 8+ cars, all on a large .3 acre lot.

Last Listed By

Fred Baldwin Pc

Century 21 North Homes Realty License #780200424 Listed on: 08/06/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,655

Year Built

  • Built in 1995

Lot Details

  • 0.3 Acre Lot
  • Landscaped

Home Design

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

Interior Spaces

  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Utilities

  • Wall Furnace

Listing and Financial Details

  • Exclusions: Tenant's belongings
  • Legal Lot and Block Pt. 2, / 9, Phase II
  • Assessor Parcel Number 154432

Community Details

Overview

  • 4 Units
  • Meadowbrook Estate Subdivision

Building Details

  • Gross Income $34,800
  • Net Operating Income $22,497

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,655

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.3
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Meadowbrook Estate
  • Year Built: 1995
  • Total Gross Income: 34800.0
  • Co List Office Mls Id: ocC-21
  • Co List Office Phone: 541-548-2131
  • Co List Office Phone: 541-548-2131
  • Outside Inclusions: 4 each: range/oven, refrigerators,; microwaves, garbage disposals
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • 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: Pt. 2,
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 9, Phase II
  • Appliances Microwave: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenant's belongings
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Patio: Yes

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 154432
  • ResoLotSizeUnits: Acres
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 22497.0
  • Annual Operating Expense: 11607.0

Tax Info

  • Tax Annual Amount: 4655.46
  • Tax Block: 9, Phase II
  • Tax Lot: Pt. 2,
  • Tax Map Number: 151317BD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
David Egan
Bought by
Peter Alexander Separate Property Trust
Total Days on Market
95
Current Estimated Value
$901,299

Purchase Details

Listed on
Aug 6, 2015
Closed on
Dec 24, 2015
Sold by
Healy Eric W
Bought by
Egan David
Seller's Agent
Fred Baldwin Pc
Century 21 North Homes Realty
Buyer's Agent
Robert Smith
John L Scott Bend
List Price
$355,000
Sold Price
$335,450
Premium/Discount to List
-$19,550
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$335,450
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Jul 31, 2013
Sold by
Miller Ronald L and Miller Patricia J
Bought by
Healy Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Wilmington Trust Company
Bought by
Miller Ronald L and Miller Patricia J

Purchase Details

Closed on
Jan 28, 2011
Sold by
Lakireddy Pullareddy
Bought by
Wilmington Trust Company

Purchase Details

Closed on
Mar 10, 2010
Sold by
Lakireddy Pullareddy and Lakireddy Nagendramma
Bought by
Lakireddy Pullareddy

Purchase Details

Closed on
Feb 18, 2008
Sold by
Lakireddy Pullareddy and Lakireddy Nagendramma
Bought by
Vissu Properties Llc

Purchase Details

Closed on
Jun 1, 2005
Sold by
Lakireddy Pullareddy
Bought by
Lakireddy Pullareddy and Lakireddy Nagendramma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 31, 2005
Sold by
Silva Mary Ann
Bought by
Lakireddy Pullareddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

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
Peter Alexander Separate Property Trust $909,000 Western Title
Egan David $335,450 Western Title & Escrow
Healy Eric W $231,000 Western Title & Escrow
Miller Ronald L $162,000 Amerititle
Wilmington Trust Company $143,650 Amerititle
Lakireddy Pullareddy -- None Available
Vissu Properties Llc -- None Available
Lakireddy Pullareddy -- Amerititle
Lakireddy Pullareddy $298,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Egan David $317,000
Previous Owner Egan David $335,815
Previous Owner Egan David $333,070
Previous Owner Egan David $335,450
Previous Owner Healy Eric W $173,250
Previous Owner Lakireddy Pullareddy $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2015 12/31/15 Sold $335,450 -5.5% $86 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $355,000 -- $91 / 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 $6,708 $332,920 -- --
2023 $6,415 $323,230 $0 $0
2022 $5,832 $304,680 $0 $0
2021 $5,639 $295,810 $0 $0
2020 $5,384 $295,810 $0 $0
2019 $5,149 $287,200 $0 $0
2018 $5,021 $278,840 $0 $0
2017 $4,901 $270,720 $0 $0
2016 $4,834 $262,840 $0 $0
2015 $4,655 $255,190 $0 $0
2014 $4,252 $236,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 201508051

Southern Oregon MLS

APN: 154432