NOT LISTED FOR SALE

2824 SW 28th St Redmond, OR 97756

Estimated Value: $504,651 - $584,000

4 Beds
2 Baths
1,824 Sq Ft
$295/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $310,000 $170 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,328/month

71 Days on Market

Highlights

  • Territorial View
  • Ranch Style House
  • No HOA
  • Sage Elementary School Rated A-
  • Corner Lot
  • Attached Garage

About This Home

As of January 2019

Incredible Investment Opportunity in a wonderful established neighborhood. Large corner lot that has underground sprinklers and is low maintenance. Recent Exterior paint, and carpet. Current leases in place with fantastic tenants.

Last Agent to Sell the Property

Theresa Gregg

Legacy Realty LLC License #201217747 Listed on: 09/06/2018

Last Buyer's Agent

Ken Renner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,056

Year Built

  • Built in 1996

Lot Details

  • 8,712 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Schools

  • Sage Elementary School
  • Obsidian Middle School
  • Ridgeview High School

Additional Features

  • Territorial Views
  • Heating Available

Listing and Financial Details

  • Tax Lot 7,8
  • Assessor Parcel Number 189368

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Country Park Subdivision

Building Details

  • Gross Income $24,600
  • Net Operating Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,056

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Country Park
  • Year Built: 1996
  • Total Gross Income: 24600.0
  • Co List Office Phone: 541-504-9000
  • Outside Inclusions: Refrigerator, Range/Oven, Dishwasher
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Sage Elem
  • General Property Information Middle Or Junior School: Obsidian Middle
  • General Property Information High School: Ridgeview High
  • General Property Information:Zoning2: R3
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 7,8
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Flooring: Carpet, Laminate
  • Interior Amenities: Laminate Counters
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Corner Lot
  • Roof: Composition
  • View: Territorial
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, Driveway, On Street, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Sage Elem
  • High School: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 189368
  • ResoLotSizeUnits: Acres
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 22200.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 3055.9
  • Tax Block: 0
  • Tax Lot: 7,8
  • Tax Map Number: 151320CD
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Jan 9, 2019
Sold by
Cutter Mcihael Justin
Bought by
Deford Karen Marquardt
Seller's Agent
Theresa Gregg
Legacy Realty LLC
Buyer's Agent
Ken Renner
List Price
$339,000
Sold Price
$310,000
Premium/Discount to List
-$29,000
-8.55%
Current Estimated Value
$538,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,413
Avg. Annual Appreciation
8.46%
Original Mortgage
$150,000
Outstanding Balance
$133,682
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$393,636

Purchase Details

Closed on
Jul 19, 2016
Sold by
Rettuc Investments Llc
Bought by
Cutter Michael Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 31, 2013
Sold by
Cutter Michael Justin
Bought by
Rettuc Investments Llc
Seller's Agent
Micah Burkley
Burkley Realty LLC
Buyer's Agent
Rob Eggers
Duke Warner Realty
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$107,250
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 20, 2013
Sold by
Hubbard Darrin
Bought by
Cutter Michael Justin
Seller's Agent
Micah Burkley
Burkley Realty LLC
Buyer's Agent
Rob Eggers
Duke Warner Realty
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2005
Sold by
Phy Thomas
Bought by
Hubbard Darrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

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
Deford Karen Marquardt $310,000 Western Title & Escrow
Cutter Michael Justin -- Western Title & Escrow
Rettuc Investments Llc -- Accommodation
Cutter Michael Justin $149,900 First American Title
Hubbard Darrin $195,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deford Karen Marquardt $150,000
Previous Owner Cutter Michael Justin $175,000
Previous Owner Cutter Michael Justin $107,250
Previous Owner Hubbard Darrin $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $310,000 -8.6% $170 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $339,000 +137.1% $186 / Sq Ft
05/24/2013 05/24/13 Sold $143,000 -4.6% $78 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $149,900 -- $82 / 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
2024 $4,182 $207,550 -- --
2023 $3,999 $201,510 $0 $0
2022 $3,636 $189,960 $0 $0
2021 $3,516 $184,430 $0 $0
2020 $3,357 $184,430 $0 $0
2019 $3,210 $179,060 $0 $0
2018 $3,130 $173,850 $0 $0
2017 $3,056 $168,790 $0 $0
2016 $3,014 $163,880 $0 $0
2015 $2,838 $159,110 $0 $0
2014 $2,879 $157,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Theresa Gregg

    Legacy Realty LLC

    (541) 419-1514

    34 Total Sales

    Theresa Gregg
    Section Image

  • K

    Buyer's Agent in 2019

    Ken Renner

  • M

    Seller's Agent in 2013

    Micah Burkley

    Burkley Realty LLC

    (541) 604-5191

    167 Total Sales

    Micah Burkley
    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Tammy Burkley

    Burkley Realty LLC

    (541) 604-5192

    172 Total Sales

    Tammy Burkley
    Section Image

  • R

    Buyer's Agent in 2013

    Rob Eggers

    Duke Warner Realty

    (541) 382-8262

    119 Total Sales

    Rob Eggers
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 201809203

Oregon Datashare

APN: 189368

Oregon Deschutes County Redmond 97756

2824 SW 28th St, Redmond, OR

This home is located at 2824 SW 28th St, Redmond, OR 97756 since 06 September 2018 and is currently estimated at $538,413, approximately $295 per square foot. This property was built in 1996. 2824 SW 28th St is a home located in Deschutes County with nearby schools including Sage Elementary School, Obsidian Middle School, and Ridgeview High School.

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