NOT LISTED FOR SALE

475 NE Franklin Ave Bend, OR 97701

Orchard District Neighborhood

Estimated Value: $471,000 - $729,000

4 Beds
2 Baths
2,166 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $336,900 $156 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,443/month

150 Days on Market

Highlights

  • Territorial View
  • Traditional Architecture
  • No HOA
  • Juniper Elementary School Rated A-
  • Corner Lot
  • Bathtub with Shower

About This Home

As of June 2018

Lowest priced duplex available in Bend! Possibly room to add more units on the .16 acre RM zoned lot with alley access! Two large carports with locked storage for each unit. Tenants are month to month. Great location walking distance to Downtown and Bend High.Cap rate is over 5 percent!!!

Last Agent to Sell the Property

Shannon England-Beringer

Stellar Realty Northwest License #201209648 Listed on: 03/19/2018

Last Buyer's Agent

Jenelle Brewer

RE/MAX Key Properties License #201224150

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,351

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Schools

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

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units
  • Center Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 25
  • Assessor Parcel Number 105586

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,351

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Center
  • Year Built: 1954
  • Co List Office Phone: 541-508-3148
  • 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
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 8
  • Location Tax and Legal:Tax Block: 25
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Shower/Tub Combo
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Lot Features: Corner Lot
  • Roof: Composition
  • View: Territorial
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

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

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 105586
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2350.61
  • Tax Block: 25
  • Tax Lot: 8
  • Tax Map Number: 171233CB
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Hoffmann Steven R and Hoffmann Jennifer L
Bought by
5Th Street Villa Llc
Current Estimated Value
$602,641

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jun 11, 2018
Sold by
Smith Cash C
Bought by
Hoffmann Steven R and Hoffmann Jennifer L
Seller's Agent
Shannon England-Beringer
Stellar Realty Northwest
Buyer's Agent
Jenelle Brewer
RE/MAX Key Properties
List Price
$364,500
Sold Price
$336,900
Premium/Discount to List
-$27,600
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$216,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Acadia Mtn Development Llc
Bought by
Smith Cash C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 18, 2005
Sold by
Erickson Kenneth R
Bought by
Acadia Mtn Development Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
5Th Street Villa Llc -- None Listed On Document
5Th Street Villa Llc -- None Listed On Document
Hoffmann Steven R $336,900 Western Title & Escrow
Smith Cash C $265,000 Western Title & Escrow Co
Acadia Mtn Development Llc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoffmann Steven R $216,900
Previous Owner Smith Cash C $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2018 06/14/18 Sold $336,900 -7.6% $156 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $364,500 -- $168 / 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 $3,119 $186,280 -- --
2023 $2,891 $180,860 $0 $0
2022 $2,698 $170,490 $0 $0
2021 $2,702 $165,530 $0 $0
2020 $2,563 $165,530 $0 $0
2019 $2,492 $160,710 $0 $0
2018 $2,422 $156,030 $0 $0
2017 $2,351 $151,490 $0 $0
2016 $2,242 $147,080 $0 $0
2015 $2,180 $142,800 $0 $0
2014 $2,116 $138,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Shannon England-Beringer

    Stellar Realty Northwest

  • J

    Buyer's Agent in 2018

    Jenelle Brewer

    RE/MAX

    (541) 647-6556

    1 in this area

    52 Total Sales

    Jenelle Brewer
    Section Image

  • T

    Buyer Co-Listing Agent in 2018

    Theresa Axmaker

  • T

    Buyer Co-Listing Agent in 2018

    Teri Axmaker

    Fred Real Estate Group

See All Agents

Map

Source: Oregon Datashare

MLS Number: 201710755

Oregon Datashare

APN: 105586

Oregon Deschutes County Bend 97701 Orchard District

475 NE Franklin Ave, Bend, OR

This home is located at 475 NE Franklin Ave, Bend, OR 97701 since 19 March 2018 and is currently estimated at $602,641, approximately $278 per square foot. This property was built in 1954. 475 NE Franklin 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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