NOT LISTED FOR SALE

Estimated Value: $2,938,208

2.62 Acres
$1,121,453 Price per Acre
114,127 Sq Ft Lot

Last Sold July 24, 2020

Last sale price $1,950,000

Est. 51% increase in value since last sale

Current estimated payment $18,916/month

70 Days on Market

Highlights

  • 2.62 Acre Lot
  • Mountain View
  • No HOA

About This Lot

As of July 2020

Prime development land conveniently located off 27th Street in Bend's medical overlay zoning. Property is zoned RH, allowing for hotel, multifamily, medical and various other uses. Full set of engineered plans for long-term stay hotel completed and negotiable in purchase price. This rare zoning is ripe for development and surrounded by St. Charles, Bend Urology, Bend Dermatology, Whispering Winds and PacificSource, to name just a few!

Last Agent to Sell the Property

Matt Robinson

Coldwell Banker Bain License #201010035 Listed on: 08/29/2019

Co-Listed By

Dan Kemp

Compass Commercial Real Estate License #201203140

Last Buyer's Agent

Howard Friedman

Compass Commercial Real Estate License #990200114

Compass Commercial Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,861

Lot Details

  • 2.62 Acre Lot
  • Property is zoned RH, RH

Property Views

  • Mountain
  • Territorial

Schools

  • Buckingham Elementary School
  • Pilot Butte Middle School
  • Mountain View Sr High School

Community Details

  • No Home Owners Association
  • Clab Subdivision

Listing and Financial Details

  • Legal Lot and Block Parcel 2 / PT Parcel 3
  • Assessor Parcel Number 198658

Property Details

Property Type

Land

Est. Annual Taxes

$25,861

Lot Details

0

Listing Details

  • Directions: Located on the East side of 27th Street, on Conners Avenue.
  • Garage Yn: No
  • Lot Size Acres: 2.62
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Subdivision Name: CLAB
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-382-4123
  • MLS Status: Closed
  • General Property Information Elementary School: Buckingham Elem
  • General Property Information Middle Or Junior School: Pilot Butte Middle
  • General Property Information High School: Mountain View Sr High
  • General Property Information:Zoning2: RH
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: Parcel 2
  • Location Tax and Legal:Tax Block: PT Parcel 3
  • Utilities:Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • View: Cascade Mountains, Territorial

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Other
  • Water Source: Other
  • Utilities: Other

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Buckingham Elem
  • High School: Mountain View Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 114127.2
  • Parcel #: 198658
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25860.56
  • Tax Block: PT Parcel 3
  • Tax Lot: Parcel 2
  • Tax Map Number: 171226CB
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Housing Works and Central Oregon Regional Housing Authorit
Bought by
Mosaic Community Health
Current Estimated Value
$2,938,208

Purchase Details

Listed on
Aug 29, 2019
Closed on
Jul 22, 2020
Sold by
Hallmark Inns & Resorts Inc
Bought by
Central Oregon Regional Hsng Authority and Housing Works
Seller's Agent
Matt Robinson
Coldwell Banker Bain
Buyer's Agent
Howard Friedman
Compass Commercial Real Estate
List Price
$2,100,000
Sold Price
$1,950,000
Premium/Discount to List
-$150,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2019
Sold by
Robinson James S and Love Steven
Bought by
Central Oregon Regional Hsng Authority and Housing Works

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,654
Interest Rate
3.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2018
Sold by
Robinson James S and Love Steven
Bought by
Hallmark Inns & Resorts Inc

Purchase Details

Closed on
Jun 22, 2012
Sold by
Sa Group Properties Inc
Bought by
Robinson Partners
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 Buyer Sale Price Title Company
Mosaic Community Health $1,659,733 Amerititle
Mosaic Community Health $1,659,733 Amerititle
Central Oregon Regional Hsng Authority $1,950,000 Western Title & Escrow
Central Oregon Regional Hsng Authority $975,000 Western Title & Escrow
Hallmark Inns & Resorts Inc $1,798,618 Western Title & Escrow
Robinson Partners $1,125,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nine Peaks Housing Limited Par $5,899,701
Previous Owner Central Oregon Regional Hsng Authority $900,000
Previous Owner Oregon Regional Housing Authority $348,654
Previous Owner Central Oregon Regional Hsng Authority $401,546
Previous Owner Rsc Investment Partners Fund I Llc $2,239,682
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $1,950,000 -7.1% --
11/07/2019 11/07/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $2,100,000 -- --
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 -- $1,938,050 $1,938,050 --
2023 -- $1,881,610 $1,881,610 --
2022 -- $1,773,610 -- --
2021 $0 $1,721,960 $0 $0
2020 $26,329 $1,721,960 $0 $0
2019 $25,861 $1,671,812 $0 $0
2018 $19,945 $1,285,110 $0 $0
2017 $19,360 $1,247,680 $0 $0
2016 $18,462 $1,211,340 $0 $0
2015 $17,454 $1,176,060 $0 $0
2014 $16,155 $1,088,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201908391

Oregon Datashare

APN: 260003