NOT LISTED FOR SALE

408 NE Thurston Ave Bend, OR 97701

Orchard District Neighborhood

Estimated Value: $507,000 - $731,000

4 Beds
2 Baths
1,656 Sq Ft
$356/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $309,000 $187 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,329/month

2 Days on Market

Highlights

  • Deck
  • Territorial View
  • Corner Lot
  • Juniper Elementary School Rated A-
  • Ranch Style House
  • 4-minute walk to Orchard Park

About This Home

As of July 2019

Investment opportunity in desirable NE Bend with favorable high density zoning! This value-add duplex is located on a .21 acre corner lot presenting an excellent opportunity to stabilize or add more units in a market with strong rental demand. Unit 408 has a long term tenant with current rent set at $1000. Unit 412 is currently vacant and had recent monthly gross of $1200 after updates including appliances, kitchen counter tops, flooring, and carpets. Ductless heating/cooling in both units in 2017. Buyer to do own due diligence on adding more units.

Last Agent to Sell the Property

Cory Carlson

Realty Yield License #201226331 Listed on: 07/16/2019

Last Buyer's Agent

Cory Carlson

Realty Yield License #201226331 Listed on: 07/16/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,019

Year Built

  • Built in 1969

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • Double Pane Windows
  • Family Room with Fireplace
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Juniper Elementary School
  • Pilot Butte Middle School
  • Mountain View Sr High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Legal Lot and Block PT 11, 12, 13, 14 / 44
  • Assessor Parcel Number 168137

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverside Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,019

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.21
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Riverside
  • Year Built: 1969
  • Co List Office Phone: 503-303-8393
  • Outside Inclusions: 2 Refrigerators, 2 dishwashers; 2 oven ranges
  • 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: Mountain View Sr High
  • General Property Information:Zoning2: RH
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: PT 11, 12, 13, 14
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 44
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Fireplace Features: Family Room
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Laminate Counters, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Fireplace: Yes
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Fireplace Features:Family Room: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Corner Lot, Fenced
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenants Personal Property
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Driveway, Gravel, Shared Driveway, Storage
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Ductless, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Amenities: Park
  • Association: No
  • Community Features: Park

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Park: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 168137
  • ResoLotSizeUnits: Acres
  • Zoning Description: RH
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2019.26
  • Tax Block: 44
  • Tax Lot: PT 11, 12, 13, 14
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Petersen Martin and Petersen Martin B
Bought by
Martin Petersen Revocable Trust and Petersen
Current Estimated Value
$589,518

Purchase Details

Closed on
Nov 8, 2021
Sold by
Vallans Peter H and Vallans Tana L
Bought by
Tana Vallans Trust and Vallans

Purchase Details

Listed on
Jul 16, 2019
Closed on
Jul 24, 2019
Sold by
Livin Weidner Tracey Ann
Bought by
Petersen Martin B
Seller's Agent
Cory Carlson
Realty Yield
Buyer's Agent
Cory Carlson
Realty Yield
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%

Purchase Details

Closed on
Oct 31, 2008
Sold by
Weidner Tracey Ann
Bought by
Tracey Weidner Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martin Petersen Revocable Trust -- None Listed On Document
Tana Vallans Trust -- None Listed On Document
Petersen Martin B $309,000 Western Title & Escrow
Tracey Weidner Revocable Living Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $309,000 -4.9% $187 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $325,000 -- $196 / 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
2025 $2,703 $160,000 -- --
2024 $2,601 $155,340 -- --
2023 $2,411 $150,820 $0 $0
2022 $2,250 $142,170 $0 $0
2021 $2,253 $138,030 $0 $0
2020 $2,137 $138,030 $0 $0
2019 $2,078 $134,010 $0 $0
2018 $2,019 $130,110 $0 $0
2017 $1,960 $126,330 $0 $0
2016 $1,869 $122,660 $0 $0
2015 $1,818 $119,090 $0 $0
2014 $1,764 $115,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cory Carlson

    Realty Yield

See All Agents

Map

Source: Oregon Datashare

MLS Number: 201906800

Oregon Datashare

APN: 168137

Oregon Deschutes County Bend 97701 Orchard District

408 NE Thurston Ave, Bend, OR

Not Listed for Sale

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