NOT LISTED FOR SALE

2956 NW Canal Blvd Redmond, OR 97756

Estimated Value: $777,923

3.58 Acres
$217,297 Price per Acre
155,945 Sq Ft Lot

Last Sold July 08, 2016

Last sale price $360,000

Est. 116% increase in value since last sale

Current estimated payment $5,226/month

362 Days on Market

About This Lot

As of July 2016

3.58 acres of commercial land for sale. Parcel is accessible by northbound and southbound traffic on Highway 97 and has excellent highway visibility and access. All utilities available to the site - city sewer, gas, power, and well water. Zoned C1. This is the most permissive commercial zone in Redmond and also allows multi-family residential as a conditional use. Just north of Home Depot and bordered to the east and west by new residential development.

Last Agent to Sell the Property

Bruce Churchill

Compass Commercial Real Estate License #971000080 Listed on: 07/05/2016

Compass Commercial Real Estate

Co-Listed By

Brian Fratzke

Fratzke Commercial R.E. Advisors License #200402169

Last Buyer's Agent

Scott Wicklund

The Wicklund Group License #200003129

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,248

Lot Details

  • 3.58 Acre Lot
  • Property is zoned C1, C1

Schools

  • Tom Mccall Elementary School
  • Elton Gregory Middle School
  • Redmond High School

Community Details

  • No Home Owners Association
  • Clar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 129392

Property Details

Property Type

Land

Est. Annual Taxes

$1,248

Lot Details

0

Listing Details

  • Lot Size Acres: 3.58
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Subdivision Name: CLAR
  • Co List Office Mls Id: ocFRAT
  • Co List Office Phone: 541-306-4948
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • General Property Information Elementary School: Tom McCall Elem
  • General Property Information Middle Or Junior School: Elton Gregory Middle
  • General Property Information High School: Redmond High
  • General Property Information:Zoning2: C1
  • Sewer:Public Sewer: Yes
  • Water Source:None7: Yes
  • Location Tax and Legal:Tax Lot: n/a
  • Location Tax and Legal:Tax Block: n/a
  • Special Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Tom McCall Elem
  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Lot Size Sq Ft: 155944.8
  • Parcel #: 129392
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: C1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1247.61
  • Tax Block: n/a
  • Tax Lot: n/a
  • Tax Map Number: 15130300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Jul 7, 2016
Sold by
Vannett Michael W and Daugherty Richard D
Bought by
Ridge Development Llc
Seller's Agent
Bruce Churchill
Compass Commercial Real Estate
Buyer's Agent
Scott Wicklund
The Wicklund Group
List Price
$449,000
Sold Price
$360,000
Premium/Discount to List
-$89,000
-19.82%
Current Estimated Value
$777,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,923

Purchase Details

Listed on
Jun 15, 2015
Closed on
Jun 19, 2015
Sold by
Wetherill Gaylord D
Bought by
Vannett Michael W and Daugherty Richard D
Seller's Agent
Bruce Churchill
Compass Commercial Real Estate
Buyer's Agent
Brian Fratzke
Fratzke Commercial R.E. Advisors
List Price
$545,000
Sold Price
$220,000
Premium/Discount to List
-$325,000
-59.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.84%

Purchase Details

Listed on
May 16, 2013
Closed on
Jan 6, 2015
Sold by
Crummy Charles and Crummy Charles Phillip
Bought by
Wetherill Gaylord D
Seller's Agent
Jim Hinton
Keller Williams Realty Central Oregon
Buyer's Agent
Jim Hinton
Keller Williams Realty Central Oregon
List Price
$639,000
Sold Price
$175,000
Premium/Discount to List
-$464,000
-72.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.29%
Original Mortgage
$125,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 26, 2006
Sold by
Crummy Charles and Crummy Charles Phillip
Bought by
State Of Oregon and Department Of Transportation

Purchase Details

Closed on
Aug 27, 2005
Sold by
Oleary Margaret and Wilson Margaret
Bought by
Crummy Charles
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
Ridge Development Llc $360,000 Western Title & Escrow
Vannett Michael W $220,000 Western Title & Escrow
Wetherill Gaylord D $175,000 First American Title
State Of Oregon $105,000 Western Title & Escrow Co
Crummy Charles -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wetherill Gaylord D $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2016 07/08/16 Sold $360,000 -19.8% --
06/25/2016 06/25/16 Pending -- -- --
06/29/2015 06/29/15 For Sale $449,000 +104.1% --
06/22/2015 06/22/15 Sold $220,000 -59.6% --
06/16/2015 06/16/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $545,000 +211.4% --
01/09/2015 01/09/15 Sold $175,000 -72.6% --
11/25/2014 11/25/14 Pending -- -- --
12/22/2010 12/22/10 For Sale $639,000 -- --
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 $13,225 $656,370 -- --
2023 $12,647 $637,260 $0 $0
2022 $11,498 $139,110 $0 $0
2021 $2,575 $80,870 $0 $0
2020 $1,472 $80,870 $0 $0
2019 $1,408 $78,520 $0 $0
2018 $1,373 $76,240 $0 $0
2017 $1,340 $74,020 $0 $0
2016 $1,322 $71,870 $0 $0
2015 $1,281 $69,780 $0 $0
2014 -- $67,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201506481

Oregon Datashare

APN: 129392