NOT LISTED FOR SALE

307 NW Elm Ave Redmond, OR 97756

Estimated Value: $407,000 - $522,000

4 Beds
2 Baths
1,496 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $193,500 $129 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,859/month

127 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Patio
  • Territorial View
  • No HOA
  • Landscaped

About This Home

As of October 2016

Attention Investors & Homeowners. Multi-Family opportunity with this single family home converted to duplex. Close proximity to Redmond Senior Center, shopping, restaurants, medical, etc. One side features 3 bedrooms, 1 bath and the other is a 1 bed/1 bath studio apartment with long term tenants that would like to stay. Or live in one side and rent, or use the other side for mother-in-law quarters, college student, etc.

Last Agent to Sell the Property

Cheryl Tanler

Windermere Realty Trust License #940200249 Listed on: 04/21/2016

Last Buyer's Agent

Bob Seay

Bend Premier Real Estate LLC License #200912021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Landscaped

Home Design

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

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Schools

  • John Tuck Elementary School
  • Elton Gregory Middle School
  • Redmond High School

Additional Features

  • Territorial Views
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Units
  • Fair Acres Subdivision

Listing and Financial Details

  • Exclusions: Washer/Dryer in both units; Refrigerator & Microwave in Studio
  • Legal Lot and Block 10 / 1
  • Assessor Parcel Number 122660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,231

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Fair Acres
  • Year Built: 1973
  • Co List Office Phone: 541-923-4663
  • Outside Inclusions: Refrigerator, Range/Oven, Microwave; Dishwasher in Unit B
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: John Tuck Elem
  • General Property Information Middle Or Junior School: Elton Gregory Middle
  • General Property Information High School: Redmond High
  • General Property Information:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 10
  • Location Tax and Legal:Tax Block: 1
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped
  • Roof: Metal
  • View: Territorial
  • Exclusions: Washer/Dryer in both units; Refrigerator & Microwave in Studio
  • Lot Features:Fenced: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: 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: John Tuck Elem
  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 122660
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2231.0
  • Tax Block: 1
  • Tax Lot: 10
  • Tax Map Number: 151309DA
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
Oct 28, 2016
Sold by
T & M Global Investments Llc
Bought by
Davidson Jonathan R
Seller's Agent
Cheryl Tanler
Windermere Realty Trust
Buyer's Agent
Bob Seay
Bend Premier Real Estate LLC
List Price
$209,000
Sold Price
$193,500
Premium/Discount to List
-$15,500
-7.42%
Current Estimated Value
$469,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,059
Avg. Annual Appreciation
10.49%
Original Mortgage
$145,125
Outstanding Balance
$118,345
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$344,494

Purchase Details

Closed on
Apr 19, 2006
Sold by
Eberhard Mark A and Eberhard Kimberly P
Bought by
T & M Global Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Davidson Jonathan R $193,500 Western Title & Escrow
T & M Global Investments Llc -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Jonathan R $145,125
Previous Owner T & M Global Investment Llc $242,798
Previous Owner T & M Global Investment Llc $93,750
Previous Owner T & M Global Investments Llc $150,000
Previous Owner Eberhard Mark A $102,000
Previous Owner Eberhard Mark A $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $193,500 -7.4% $129 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $209,000 -- $140 / 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 $3,193 $158,470 -- --
2023 $3,054 $153,860 $0 $0
2022 $2,776 $145,030 $0 $0
2021 $2,684 $140,810 $0 $0
2020 $2,563 $140,810 $0 $0
2019 $2,451 $136,710 $0 $0
2018 $2,390 $132,730 $0 $0
2017 $2,333 $128,870 $0 $0
2016 $2,301 $125,120 $0 $0
2015 $2,231 $121,480 $0 $0
2014 $2,172 $117,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cheryl Tanler

    Windermere Realty Trust

    Section Image

  • B

    Buyer's Agent in 2016

    Bob Seay

    Bend Premier Real Estate LLC

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Map

Source: Oregon Datashare

MLS Number: 201603643

Oregon Datashare

APN: 122660

Oregon Deschutes County Redmond 97756

307 NW Elm Ave, Redmond, OR

This home is located at 307 NW Elm Ave, Redmond, OR 97756 since 21 April 2016 and is currently estimated at $462,839, approximately $309 per square foot. This property was built in 1973. 307 NW Elm Ave is a home located in Deschutes County with nearby schools including John Tuck Elementary School, Elton Gregory Middle School, and Redmond High School.

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