NOT LISTED FOR SALE
2.21 Acres
-- Price per Acre
96,268 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $2,012,472

436 Days on Market

Highlights

  • 2.21 Acre Lot
  • Mountain View
  • No HOA
  • William E. Miller Elementary School Rated A-

About This Lot

As of June 2016

Don't miss out on this prime 2.21 Acre commercial lot in the heart of the Old Mill District! High visibility from Bond Street and Wilson Avenue, with easy access to Hwy 97 and the Parkway. Near professional buildings and offices, with beautiful Cascade Mountain views. Close to shopping, dining, the river trail, coffee shops, hotels and just a 5 minute drive to charming downtown Bend. 500 Bond St. includes a 16,866 sf building currently 93% occupied. Seller will consider selling lots separately.

Last Agent to Sell the Property

Tim Buccola

RE/MAX Key Properties License #200507305 Listed on: 01/04/2016

Co-Listed By

Ryan Buccola

RE/MAX Key Properties License #201004048

Last Buyer's Agent

Stephen Toomey

Compass Commercial Real Estate License #840400010

Compass Commercial Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,125

Lot Details

  • 2.21 Acre Lot
  • Property is zoned MR, MR

Property Views

  • Mountain Views

Schools

  • Pine Ridge Elementary School
  • Cascade Middle School
  • Summit High School

Community Details

  • No Home Owners Association
  • Clab Subdivision

Listing and Financial Details

  • Tax Lot Parcel 2
  • Assessor Parcel Number 188885

Property Details

Property Type

Land

Est. Annual Taxes

$24,125

Lot Details

0

Listing Details

  • Lot Size Acres: 2.21
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Road Surface Type: Paved
  • Subdivision Name: CLAB
  • Co List Office Mls Id: ocRMKP
  • Co List Office Phone: 541-728-0033
  • Co List Office Phone: 541-728-0033
  • MLS Status: Closed
  • General Property Information Elementary School: Pine Ridge Elem
  • General Property Information Middle Or Junior School: Cascade Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: MR
  • General Property Information Manufactured Structure Allowed YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: Parcel 2
  • Location Tax and Legal:Tax Block: 0
  • Special Features: None

Exterior Features

  • View: Cascade Mountains

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Pine Ridge Elem
  • High School: Summit High
  • Middle Or Junior School: Cascade Middle

Lot Info

  • Lot Size Sq Ft: 96267.6
  • Parcel #: 188885
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: MR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 24124.88
  • Tax Block: 0
  • Tax Lot: Parcel 2
  • Tax Map Number: 181205A0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jun 22, 2016
Sold by
L 2-3 Bond Llc
Bought by
Bend Two Development Llc
Seller's Agent
Tim Buccola
RE/MAX Key Properties
Buyer's Agent
Stephen Toomey
Compass Commercial Real Estate
List Price
$1,400,000
Sold Price
$2,012,472
Premium/Discount to List
$612,472
43.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2014
Sold by
New 500 Bond Llc
Bought by
L 2-3 Bond Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
500 Bond Llc
Bought by
500 Bond Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,719,486
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2005
Sold by
Alves Maynard
Bought by
500 Bond Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,403,200
Interest Rate
5.68%
Mortgage Type
Commercial
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
Bend Two Development Llc $2,012,472 Western Title & Escrow
L 2-3 Bond Llc $2,406,690 Western Title & Escrow
500 Bond Llc -- Amerititle
500 Bond Llc -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bend Two Development Llc $15,946,498
Closed Bend Two Development Llc $1,200,000
Previous Owner 500 Bond Llc $3,719,486
Previous Owner 500 Bond Llc $4,403,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $2,012,472 +43.7% --
04/29/2016 04/29/16 Pending -- -- --
02/18/2015 02/18/15 For Sale $1,400,000 -- --
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 $184,388 $11,012,540 -- --
2023 $170,928 $10,691,790 $0 $0
2022 $159,470 $10,078,040 $0 $0
2021 $159,712 $9,784,510 $0 $0
2020 $151,517 $9,784,510 $0 $0
2019 $147,298 $9,499,530 $0 $0
2018 $27,844 $1,794,090 $0 $0
2017 $35,233 $2,334,470 $0 $0
2016 $44,089 $2,969,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201501169

Oregon Datashare

APN: 188885