NOT LISTED FOR SALE

405 NW 17th St Unit 1-4 Redmond, OR 97756

Estimated Value: $725,000 - $850,000

8 Beds
4 Baths
3,900 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $697,500 $179 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,842/month

2 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Patio
  • John Tuck Elementary School Rated 9+
  • No HOA
  • Central Air

About This Home

As of June 2021

An amazing investment opportunity to own a fourplex with great income potential. This Fourplex is located in a quiet neighborhood near parks, schools and shopping. Each unit is 975 sq/ft 2 bed 1 bath with wood laminate flooring throughout.

Last Agent to Sell the Property

Corey Kennedy

Realty One Group Prestige License #201237727 Listed on: 04/09/2021

Realty One Group Prestige

Last Buyer's Agent

Corey Kennedy

Realty One Group Prestige License #201237727 Listed on: 04/09/2021

Realty One Group Prestige

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot
  • No Common Walls

Parking

  • Parking Lot

Home Design

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

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 4 Units
  • Shadow Glen Estate Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 129754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,441

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.29
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Shadow Glen Estate
  • Year Built: 1995
  • Co List Office Phone: 503-957-1179
  • MLS Status: Closed
  • ResoBuildingAreaSource: Other
  • 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: R4
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 4
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Architectural Style Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Fireplace Features: Electric
  • Flooring: Laminate
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Electric: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Roof: Composition
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Parking Lot
  • Attached Garage: No
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • 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

  • Additional Parcels: No
  • Lot Size Sq Ft: 12632.4
  • Parcel #: 129754
  • ResoLotSizeUnits: Acres
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5441.21
  • Tax Block: 0
  • Tax Lot: 4
  • Tax Map Number: 151309
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 27, 2021
Sold by
Pfeifer & Associates I Inc
Bought by
Garabedian Liliya
Seller's Agent
Corey Kennedy
Realty One Group Prestige
Buyer's Agent
Corey Kennedy
Realty One Group Prestige
List Price
$730,000
Sold Price
$697,500
Premium/Discount to List
-$32,500
-4.45%
Current Estimated Value
$806,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,207
Avg. Annual Appreciation
3.41%
Original Mortgage
$523,125
Outstanding Balance
$474,360
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$332,347

Purchase Details

Closed on
Oct 2, 2008
Sold by
Pearson Joseph M
Bought by
Pfeifer & Associates I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2008
Sold by
Fildes Larry A and Fildes Susan L
Bought by
Pearson Joseph M
Source: Public Records

Range of Values:

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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
Garabedian Liliya $697,500 Amerititle
Pfeifer & Associates I Inc -- Amerititle
Pearson Joseph M -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garabedian Liliya $523,125
Previous Owner Pfeifer & Associates I Inc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $697,500 -4.5% $179 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $730,000 -- $187 / 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 $6,779 $336,440 -- --
2023 $6,483 $326,650 $0 $0
2022 $5,894 $307,910 $0 $0
2021 $5,699 $298,950 $0 $0
2020 $5,441 $298,950 $0 $0
2019 $5,204 $290,250 $0 $0
2018 $5,074 $281,800 $0 $0
2017 $4,953 $273,600 $0 $0
2016 $4,885 $265,640 $0 $0
2015 $4,736 $257,910 $0 $0
2014 $4,261 $237,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220120010

Oregon Datashare

APN: 129754