NOT LISTED FOR SALE

2856 NE Lotno Dr Bend, OR 97701

Orchard District Neighborhood

Estimated Value: $606,741 - $660,000

4 Beds
2 Baths
1,704 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $387,000 $227 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,662/month

28 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Garage
  • Traditional Architecture
  • No HOA
  • Double Pane Windows

About This Home

As of September 2018

Wonderful investment opportunity! Conveniently located in a quiet, established NE Bend neighborhood. This great duplex sits on a large corner lot, and both units have good size, low maintenance backyard space, with individual decks. The beautifully landscaped and well maintained front yard create a lovely, peaceful setting. Beautiful new laminate flooring in unit 2, and new tile in the kitchen of unit 1! This is a great opportunity to invest in the thriving rental market here in Bend!

Last Agent to Sell the Property

Alysha Capria

Stellar Realty Northwest License #201218245 Listed on: 06/29/2018

Last Buyer's Agent

Erika Stratton-Sanzone

RE/MAX Key Properties License #201010078

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Landscaped
  • Corner Lot

Home Design

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

Interior Spaces

  • Double Vanity
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Ponderosa Elementary School
  • Sky View Middle School
  • Mountain View Sr High School

Utilities

  • Wall Furnace
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Choctaw Village Subdivision

Listing and Financial Details

  • Exclusions: refrigerator in unit 2; personal property
  • Legal Lot and Block PT 22,23 / 2
  • Assessor Parcel Number 127411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,491

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Choctaw Village
  • Year Built: 1979
  • Co List Office Phone: 541-508-3148
  • Outside Inclusions: unit 1- all kitchen appliances; unit 2- range, dishwasher, microwave; washer/dryer in both units
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Ponderosa Elem
  • General Property Information Middle Or Junior School: Sky View Middle
  • General Property Information High School: Mountain View Sr High
  • General Property Information:Zoning2: RS
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: PT 22,23
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 2
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Double Vanity, Laminate Counters, Primary Downstairs
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Corner Lot, Fenced, Landscaped
  • Roof: Composition
  • Exclusions: refrigerator in unit 2; personal property
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached, Detached, On Street, Other
  • Attached Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Attached: Yes
  • Parking Features:On Street: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ponderosa Elem
  • High School: Mountain View Sr High
  • Middle Or Junior School: Sky View Middle

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 127411
  • ResoLotSizeUnits: Acres
  • Zoning Description: RS
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2490.88
  • Tax Block: 2
  • Tax Lot: PT 22,23
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2020
Sold by
Frazier Cerissa K and Frazier Daniel
Bought by
Frazier Cerissa Kailey and Frazier Daniel Carrl
Current Estimated Value
$641,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,293
Outstanding Balance
$342,669
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$298,516

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 7, 2018
Sold by
Moffatt Karen and Moffatt David
Bought by
Frazier Cerissa K and Frazier Daniel
Seller's Agent
Alysha Capria
Stellar Realty Northwest
Buyer's Agent
Erika Stratton-Sanzone
RE/MAX Key Properties
List Price
$395,000
Sold Price
$387,000
Premium/Discount to List
-$8,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$379,990
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2017
Sold by
Moffatt Karen
Bought by
Moffatt Karen and Moffatt David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2016
Sold by
Moffatt Karen
Bought by
Moffatt Karne L

Purchase Details

Closed on
Jul 4, 2007
Sold by
Smith Duane W and Smith Karen
Bought by
Faler Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frazier Cerissa Kailey -- First American Title
Frazier Cerissa K $387,000 Amerititle
Moffatt Karen -- First American Title
Moffatt Karne L -- None Available
Faler Dale -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Cerissa Kailey $386,293
Closed Frazier Cerissa K $379,990
Previous Owner Moffatt Karen $50,000
Previous Owner Faler Dale $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $387,000 -2.0% $227 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $395,000 -- $232 / 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
2025 $3,435 $203,310 -- --
2024 $3,305 $197,390 -- --
2023 $3,064 $191,650 $0 $0
2022 $2,859 $180,660 $0 $0
2021 $2,863 $175,400 $0 $0
2020 $2,716 $175,400 $0 $0
2019 $2,641 $170,300 $0 $0
2018 $2,566 $165,340 $0 $0
2017 $2,491 $160,530 $0 $0
2016 $2,375 $155,860 $0 $0
2015 $2,310 $151,330 $0 $0
2014 $2,242 $146,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alysha Capria

    Stellar Realty Northwest

  • E

    Buyer's Agent in 2018

    Erika Stratton Sanzone

    eXp Realty, LLC

  • E

    Buyer's Agent in 2018

    Erika Stratton

    Jane V. Williamson Real Estate

See All Agents

Map

Source: Oregon Datashare

MLS Number: 201806614

Oregon Datashare

APN: 127411

Oregon Deschutes County Bend 97701 Orchard District

2856 NE Lotno Dr, Bend, OR

Not Listed for Sale

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