NOT LISTED FOR SALE

437 NW Drake Rd Bend, OR 97701

River West Neighborhood

Estimated Value: $3,016,671 - $4,000,000

4 Beds
5 Baths
5,650 Sq Ft
$630/Sq Ft Est. Value

Sale Details

Date Sold: August 7, 2023

Last sale price $3,600,000 $637 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $20,554 / mo

115 Days on Market

Highlights

  • RV Access or Parking
  • Gated Parking
  • River View
  • High Lakes Elementary School Rated A-
  • Two Primary Bedrooms
  • 2-minute walk to Pageant Park

About This Home

As of August 2023

Offering the most dramatic views of coveted Mirror Pond, Drake Park and the Cascades in the distance. This secluded riverfront gem on over half an acre borders 100 feet of private Deschutes River frontage. A magical estate boasting unparalleled views of Drake Park. Currently over 5,000 +/- SF, w/multiple flex spaces, river views from most rooms, private river access & special amenities. Heated walkways & gated circular driveway transport you to a private, serene world w/park like grounds. Gracious double-height entry greets guests w/impeccable water views. Light pouring in through rooms overlooking the water on the first & second floors is brilliant. The spacious kitchen & eating areas provide ideal spaces for entertaining. French doors off the kitchen flow onto deck w/gazebo designed to blend indoor/outdoor living space. Stepping outside is like stepping into a private oasis w/professionally landscaped gardens, patios, & more.
An unparalleled Bend opportunity

Last Agent to Sell the Property

Karen Malanga

RE/MAX Key Properties Brokerage Phone: 5413503897 License #200405005 Listed on: 03/20/2023

RE/MAX Key Properties

Co-Listed By

Kristin Marshall

RE/MAX Key Properties Brokerage Phone: 5413503897 License #201206573

Last Buyer's Agent

Karen Malanga

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,128

Year Built

  • Built in 1930

Lot Details

  • 22,651 Sq Ft Lot
  • Waterfront
  • Fenced
  • Drip System Landscaping
  • Rock Outcropping
  • Native Plants
  • Front and Back Yard Sprinklers
  • Zoning described as RS

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking
  • Paver Block
  • RV Access or Parking

Property Views

  • River
  • Pond
  • Mountain
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,650 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Wood Frame Window
  • Mud Room
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Home Office
  • Loft
  • Bonus Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Linen Closet
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Smart Irrigation

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage

Schools

  • High Lakes Elementary School
  • Pacific Crest Middle School
  • Summit High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 04400 / 2
  • Assessor Parcel Number 103753

Community Details

Overview

  • No Home Owners Association
  • Pinelyn Park Subdivision
  • Property is near a preserve or public land

Recreation

  • Community Playground
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,128

Year Built

Built in 1930

Lot Details

0.52 Acres

Parking

2

Listing Details

  • Architectural Style: Traditional
  • Directions: Home is easily accessed by either Nashville, 6th or Newport Ave.
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.52
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Pinelyn Park
  • Year Built: 1930
  • Attribution Contact: 5413503897
  • Co List Office Mls Id: ocRMKP
  • Co List Office Phone: 541-728-0033
  • Co List Office Phone: 541-728-0033
  • Outside Inclusions: 2 sets of washer/dryers
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • General Property Information Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Oven, Refrigerator, Washer, Water Heater
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Great Room, Primary Bedroom
  • Flooring: Carpet, Laminate, Stone, Vinyl
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Double Vanity, Granite Counters, Kitchen Island, Pantry, Soaking Tub, Stone Counters, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound, Smart Lock(s), Solid Surface Counters, Linen Closet, Tile Shower
  • Window Features: Bay Window(s), Wood Frames
  • Fireplace: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Block, Concrete Perimeter, Stone
  • Lot Features: Landscaped, Native Plants, Rock Outcropping, Sprinklers In Front, Sprinklers In Rear, Smart Irrigation, Sprinkler Timer(s), Drip System, Adjoins Public Lands, Fenced
  • Other Structures: Storage
  • Roof: Composition
  • View: Mountain(s), Park/Greenbelt, Pond, River
  • Waterfront Features: River Front, Waterfront
  • Horse: No
  • Waterfront: Yes
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage Door Opener, Gated, Paver Block, RV Access/Parking, Storage
  • Attached Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Ductless, Forced Air, Natural Gas, Radiant, Zoned
  • Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Backflow Domestic
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Trail(s), Park, Playground, Access to Public Lands
  • Senior Community: No

Schools

  • Elementary School: High Lakes Elem
  • High School: Summit High
  • Middle Or Junior School: Pacific Crest Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 22651.2
  • Parcel #: 103753
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RS

Tax Info

  • Tax Annual Amount: 14128.25
  • Tax Block: 2
  • Tax Lot: 04400
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Bought by
Current Estimated Value
$3,558,224

Purchase Details

Listed on
Mar 20, 2023
Closed on
Aug 3, 2023
Sold by
Bought by
Seller's Agent
Karen Malanga
RE/MAX Key Properties
Buyer's Agent
Karen Malanga
RE/MAX Key Properties
List Price
$4,859,000
Sold Price
$3,600,000
Premium/Discount to List
-$1,259,000
-25.91%
Views
216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%
Original Mortgage
$650,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,379,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$3,600,000 First American Title
-- None Available
$1,800,000 Amerititle
$2,200,000 Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $650,000
Previous Owner $1,379,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $3,600,000 -8.4% $637 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $3,928,000 -3.0% $695 / Sq Ft
06/01/2023 06/01/23 Price Changed $4,050,000 -6.9% $717 / Sq Ft
05/15/2023 05/15/23 Price Changed $4,350,000 -9.4% $770 / Sq Ft
04/11/2023 04/11/23 Price Changed $4,799,000 -1.2% $849 / Sq Ft
03/20/2023 03/20/23 For Sale $4,859,000 -- $860 / Sq Ft
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,470 $974,770 -- --
2024 $15,846 $946,380 -- --
2023 $14,689 $918,820 $0 $0
2022 $13,704 $866,080 $0 $0
2021 $13,725 $840,860 $0 $0
2020 $13,021 $840,860 $0 $0
2019 $12,658 $816,370 $0 $0
2018 $12,301 $792,600 $0 $0
2017 $11,940 $769,520 $0 $0
2016 $11,387 $747,110 $0 $0
2015 $11,071 $725,350 $0 $0
2014 $10,745 $704,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Malanga

    Seller's Agent in 2023

    Karen Malanga

    RE/MAX

    14 in this area

    128 Total Sales

    Karen Malanga
    Section Image
  • Kristin Marshall

    Seller Co-Listing Agent in 2023

    Kristin Marshall

    RE/MAX

    8 in this area

    75 Total Sales

    Kristin Marshall
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220160867

Oregon Datashare

APN: 103753

Oregon Deschutes County Bend 97701 River West

437 NW Drake Rd, Bend, OR

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