NOT LISTED FOR SALE

404 SE Railroad St Bend, OR 97702

Larkspur Neighborhood

Estimated Value: $964,000 - $1,206,000

4 Beds
4 Baths
2,392 Sq Ft
$438/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $536,000 $224 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,010/month

88 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Baseboard Heating
  • Juniper Elementary School Rated A-
  • Park
  • 2-minute walk to Jaycee Park

About This Home

As of September 2021

Bend Fixer Fourplex. Great price point. Centrally located near Jaycee Park. All one bedroom units. Fully occupied with long term tenants all current on rent payments. Much needed affordable housing. In Opportunity Zone. Possible potential for additional units, but buyer must verify. Rent increase scheduled for October 1. Lots of parking. Great value add opportunity.

Last Agent to Sell the Property

Ron Ross

Compass Commercial Real Estate License #810304204 Listed on: 08/16/2021

Compass Commercial Real Estate

Co-Listed By

Terry ONeil

Compass Commercial Real Estate License #201103123

Last Buyer's Agent

Non Member

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,937

Year Built

  • Built in 1971

Lot Details

  • 10,019 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Quadruplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Parking

  • No Garage
  • Driveway
  • On-Street Parking
  • Parking Lot

Schools

  • Juniper Elementary School
  • Pilot Butte Middle School
  • Bend Sr High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Legal Lot and Block 07301 / 185
  • Assessor Parcel Number 106203

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Bend Park Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,937

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Subdivision Name: Bend Park
  • Year Built: 1971
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Juniper Elem
  • General Property Information Middle Or Junior School: Pilot Butte Middle
  • General Property Information High School: Bend Sr High
  • General Property Information:Zoning2: RM
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 07301
  • General Property Information New Construction YN: No
  • Location Tax and Legal:Tax Block: 185
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Roof: Membrane
  • Construction Materials:Frame: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Parking Features: Driveway, No Garage, On Street, Parking Lot
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Park

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Juniper Elem
  • High School: Bend Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 106203
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2937.27
  • Tax Block: 185
  • Tax Lot: 07301
  • Tax Map Number: 181204BB
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2025
Sold by
Cowfran Llc
Bought by
Cowan David
Current Estimated Value
$1,048,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Outstanding Balance
$633,217
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$442,116

Purchase Details

Closed on
Nov 21, 2023
Sold by
Cowfran Llc
Bought by
Cowfran Llc

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 15, 2021
Sold by
B & S Assets Llc
Bought by
Cowfran Llc
Seller's Agent
Ron Ross
Compass Commercial Real Estate
Buyer's Agent
Non Member
No Office
List Price
$550,000
Sold Price
$536,000
Premium/Discount to List
-$14,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.60%

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jun 25, 2020
Sold by
Brownson William Orren and Brownson Judy Marie
Bought by
B & S Assets Llc
Seller's Agent
Mike Reinemer
Windermere Realty Trust
Buyer's Agent
Ronald Ross
List Price
$465,000
Sold Price
$420,000
Premium/Discount to List
-$45,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.13%
Original Mortgage
$312,500
Interest Rate
3.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cowan David -- None Listed On Document
Cowfran Llc -- None Listed On Document
Cowfran Llc -- None Listed On Document
Cowfran Llc -- None Listed On Document
Cowfran Llc $536,000 Western Title & Escrow
B & S Assets Llc $417,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowfran Llc $633,750
Previous Owner B & S Assets Llc $312,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $536,000 -2.5% $224 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $550,000 +31.0% $230 / Sq Ft
06/26/2020 06/26/20 Sold $420,000 -9.7% $176 / Sq Ft
05/26/2020 05/26/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $465,000 -- $194 / 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 $3,265 $194,990 -- --
2023 $3,313 $207,260 $0 $0
2022 $3,091 $195,370 $0 $0
2021 $3,096 $189,680 $0 $0
2020 $2,937 $189,680 $0 $0
2019 $2,856 $184,160 $0 $0
2018 $2,775 $178,800 $0 $0
2017 $2,694 $173,600 $0 $0
2016 $2,569 $168,550 $0 $0
2015 $2,498 $163,650 $0 $0
2014 $2,424 $158,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Ross

    Seller's Agent in 2021

    Ron Ross

    Compass Commercial Real Estate

    (541) 480-8884

    4 in this area

    19 Total Sales

    Section Image
  • Terry ONeil

    Seller Co-Listing Agent in 2021

    Terry ONeil

    Compass Commercial Real Estate

    (541) 383-2444

    4 in this area

    16 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    No Office

  • M

    Seller's Agent in 2020

    Mike Reinemer

    Windermere Realty Trust

  • Michael Kozak

    Seller Co-Listing Agent in 2020

    Michael Kozak

    Kozak Company

    (541) 350-6926

    8 Total Sales

    Section Image

  • R

    Buyer's Agent in 2020

    Ronald Ross

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220123253

Oregon Datashare

APN: 106203

Oregon Deschutes County Bend 97702 Larkspur

404 SE Railroad St, Bend, OR

This home is located at 404 SE Railroad St, Bend, OR 97702 since 16 August 2021 and is currently estimated at $1,047,333, approximately $437 per square foot. This property was built in 1971. 404 SE Railroad St is a home located in Deschutes County with nearby schools including Juniper Elementary School, Pilot Butte Middle School, and Bend Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

Nearby Homes