NOT LISTED FOR SALE

408 NE Thurston Ave Bend, OR 97701

Orchard District Neighborhood

Estimated Value: $550,450 - $675,000

4 Beds
2 Baths
1,656 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 26, 2019

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

Est. 94% increase in value since last sale

Current estimated payment $3,547/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 Listed By

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: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: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 Map Number: 171228CG
  • 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
Total Days on Market
2
Current Estimated Value
$600,613

Purchase Details

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

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
11.75%

Purchase Details

Closed on
Oct 31, 2008
Sold by
Weidner Tracey Ann
Bought by
Tracey Weidner Revocable Living Trust

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
Martin Petersen Revocable Trust -- None Listed On Document
Vallans Peter H -- None Available
Petersen Martin B $309,000 Western Title & Escrow
Tracey Weidner Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracey Weidner Revocable Living Trust $152,719
Previous Owner Weidner Tracey A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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: Southern Oregon MLS

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 $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

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Map

Source: Southern Oregon MLS

MLS Number: 201906800

Southern Oregon MLS

APN: 168137

Oregon Deschutes County Bend 97701 Orchard District

408 NE Thurston Ave, Bend, OR

Homes for Sale in Bend, OR

This home is located at 408 NE Thurston Ave, Bend, OR 97701 since 16 July 2019 and is currently estimated at $600,613, approximately $362 per square foot. This property was built in 1969. 408 NE Thurston Ave is a home located in Deschutes County with nearby schools including Juniper Elementary School, Pilot Butte Middle School, and Bend Senior High School.

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