NOT LISTED FOR SALE

Estimated Value: $847,115

0.6 Acre
$1,411,858 Price per Acre
26,136 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $1,275,000

Est. 34% decrease in value since last sale

Current estimated payment $5,338/month

445 Days on Market

About This Lot

As of July 2021

This .6 acre lot sits in an Opportunity Zone in the heart of the Old Mill and is ready for development. Planning documents exist with prior approvals for an 8-unit townhome project. Renderings and other planning documents attached. The mixed-use riverfront district (MR) is intended to allow for a variety of well designed commercial and residential properties, and encourage access to the Deschutes River. Boundary lines in photos are approximate.

Last Agent to Sell the Property

Brian Ladd

Cascade Hasson SIR License #200908074 Listed on: 01/04/2021

Cascade Hasson SIR

Last Buyer's Agent

Non-member Non-member

Non-member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,109

Lot Details

  • 0.6 Acre Lot
  • Property is zoned MR, MR

Schools

  • Pine Ridge Elementary School
  • Cascade Middle School
  • Summit High School

Community Details

  • No Home Owners Association
  • Upper Terrace Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 197452

Property Details

Property Type

Land

Est. Annual Taxes

$6,109

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 0.6
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Subdivision Name: Upper Terrace
  • Co List Office Phone: 541-383-7600
  • MLS Status: Closed
  • General Property Information Elementary School: Pine Ridge Elem
  • General Property Information Middle Or Junior School: Cascade Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: MR
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 23
  • Location Tax and Legal:Tax Block: -
  • Utilities:Electricity Connected: Yes
  • Special Features: None

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Pine Ridge Elem
  • High School: Summit High
  • Middle Or Junior School: Cascade Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: 197452
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: MR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6109.46
  • Tax Block: -
  • Tax Lot: 23
  • Tax Map Number: 181205AC
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Jul 12, 2021
Sold by
Bend Investment Group Llc
Bought by
Eight Llc
Seller's Agent
Brian Ladd
Cascade Hasson SIR
Buyer's Agent
Non-member Non-member
Non-member
List Price
$1,200,000
Sold Price
$1,275,000
Premium/Discount to List
$75,000
6.25%
Current Estimated Value
$847,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$427,885
Original Mortgage
$675,000
Outstanding Balance
$119,396
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2020
Sold by
Cook St Llc
Bought by
Bend Investment Group Llc

Purchase Details

Closed on
May 8, 2017
Sold by
Ocf Properties Ii Llc
Bought by
Cook St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,500
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 6, 2017
Sold by
Doherty Barbara B
Bought by
Ocf Properties Ii
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
Eight Llc $1,275,000 First American Title
Bend Investment Group Llc -- Accommodation
Cook St Llc $599,000 First American Title
Ocf Properties Ii -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eight Llc $675,000
Previous Owner Cook St Llc $299,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2021 07/14/21 Sold $1,275,000 +6.3% --
05/18/2021 05/18/21 Pending -- -- --
02/28/2020 02/28/20 For Sale $1,200,000 +100.3% --
09/01/2017 09/01/17 Sold $599,000 0.0% -- View Prior Sale
05/06/2017 05/06/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $599,000 -- --
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
2022 $6,614 $418,000 $0 $0
2021 $6,624 $405,830 $0 $0
2020 $6,284 $405,830 $0 $0
2019 $6,109 $394,010 $0 $0
2018 $5,937 $382,540 $0 $0
2017 $5,763 $371,400 $0 $0
2016 $5,496 $360,590 $0 $0
2015 $5,316 $350,090 $0 $0
2014 $5,076 $339,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 202001590

Oregon Datashare

APN: 197452