NOT LISTED FOR SALE

504 SE 5th St Bend, OR 97702

Larkspur Neighborhood

Estimated Value: $195,859 - $233,000

0.1 Acre
$2,206,200 Price per Acre
4,356 Sq Ft Lot

Last Sold August 28, 2024

Last sale price $195,000

Est. 13% increase in value since last sale

Current estimated payment $1,202/month

106 Days on Market

About This Lot

As of August 2024

This vacant lot centrally located in Bend offers a prime opportunity for missing middle housing development. Situated in a long-established neighborhood with mature trees, the location offers easy access to grocery stores, parks, breweries, the parkway, Old Mill District, Deschutes River, and more. The lot is located in the RM zone, allowing for various housing options like SFR+ADU, duplex, triplex, fourplex, etc., all permitted outright. The new Wilson Avenue improvements offer convenient east-west connectivity with new bike lanes & shared use paths. Power, internet, sewer, water, and gas utilities are available within the 5th street ROW. The lot is relatively flat and cleared, requiring minimal excavation and rock removal. The new City code and process for Middle Housing Land Divisions create new development opportunities. Don't miss this chance to build much-needed housing in a centrally located neighborhood with significant development potential!

Last Agent to Sell the Property

Jared Barnes

Save Big Realty License #201215766 Listed on: 06/14/2024

Last Buyer's Agent

Parker Vernon

Cascade Hasson SIR License #201223066

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $403

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Property is zoned RM, RM

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bend Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 286932

Property Details

Property Type

Land

Est. Annual Taxes

$403

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 0.1
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Subdivision Name: Bend Park
  • Co List Office Phone: 541-708-3898
  • MLS Status: Closed
  • 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
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Utilities:Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Lot Features:Level: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available
  • Senior Community: 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

  • Additional Parcels: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 286932
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 403.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 3, 2024
Sold by
Rudnick Ryan and Rudnick Esther
Bought by
Thorud Brad and Thorud Sarah
Seller's Agent
Jared Barnes
Save Big Realty
Buyer's Agent
Parker Vernon
Cascade Hasson SIR
List Price
$235,000
Sold Price
$195,000
Premium/Discount to List
-$40,000
-17.02%
Views
4
Current Estimated Value
$220,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,620
Avg. Annual Appreciation
10.29%
Original Mortgage
$156,000
Outstanding Balance
$150,918
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$69,702
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thorud Brad $195,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorud Brad $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $195,000 -13.3% --
07/08/2024 07/08/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $225,000 -4.3% --
06/14/2024 06/14/24 Price Changed $235,000 0.0% --
06/14/2024 06/14/24 For Sale $235,000 -1.7% --
05/31/2024 05/31/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $239,000 -4.4% --
04/09/2024 04/09/24 Price Changed $250,000 -7.1% --
03/24/2024 03/24/24 For Sale $269,000 -- --
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
2025 $495 $29,320 -- --
2024 $477 $28,470 -- --
2023 -- $25,233 $25,233 --
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jared Barnes

    Save Big Realty

    (541) 708-3898

    2 in this area

    360 Total Sales

    Jared Barnes
    Section Image

  • P

    Buyer's Agent in 2024

    Parker Vernon

    Cascade Hasson SIR

    (541) 815-4136

    4 in this area

    42 Total Sales

    Parker Vernon
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220179170

Oregon Datashare

APN: 286932

Oregon Deschutes County Bend 97702 Larkspur

504 SE 5th St, Bend, OR

Not Listed for Sale

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