NOT LISTED FOR SALE

528 NE Negus Loop Redmond, OR 97756

Estimated Value: $904,249 - $984,000

8 Beds
10 Baths
4,268 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $950,000 $223 Per Sq Ft

Current estimated payment $6,059/month

27 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • No HOA
  • Territorial View
  • End Unit
  • Attached Garage

About This Home

As of May 2022

Well maintained and well managed, this 4plex is an excellent investment property. Great layout, with two single level units and two 2-story units. The single level units have
2 bedrooms/2 bathrooms, and the 2-story units have 2 master suites upstairs + a half bath downstairs. Exterior paint done recently; all units leased. All appliances, except
washer/dryer, are included.

Last Agent to Sell the Property

Roger Morgan

Harcourts The Garner Group Real Estate License #200302141 Listed on: 02/04/2022

Harcourts The Garner Group Real Estate

Co-Listed By

Annie Wayland

Cascade Hasson SIR License #201203107

Last Buyer's Agent

Dustin Hamlet

RE/MAX Key Properties License #201215029

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,463

Year Built

  • Built in 2001

Lot Details

  • 10,019 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Two or More Common Walls
  • Fenced

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Schools

  • Tom Mccall Elementary School
  • Elton Gregory Middle School
  • Redmond High School

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Exclusions: Washer/dryers are tenant's property
  • Tax Lot 01300
  • Assessor Parcel Number 13

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Negus Villas Subdivision

Building Details

  • Professional Management Expense $4,900
  • Gross Income $61,250
  • Net Operating Income $50,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,463

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One, Two
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Negus Villas
  • Year Built: 2001
  • Total Gross Income: 61250.0
  • Professional Management Expense: 4900.0
  • Co List Office Mls Id: ocSIRSR
  • Co List Office Phone: 541-593-2122
  • Co List Office Phone: 541-593-2122
  • Outside Inclusions: 4 refrigerators, 4 dishwashers, 4 microwaves, 4 ranges.
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 01300
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Appliances Microwave: Yes
  • Levels:One: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Common Walls End Unit: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Has Basement: None
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls, End Unit
  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced
  • Roof: Composition
  • View: Territorial
  • Exclusions: Washer/dryers are tenant's property
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: None
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Backflow Domestic, Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Tom McCall Elem
  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 13
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 50670.0
  • Annual Operating Expense: 5680.0

Tax Info

  • Tax Annual Amount: 7462.55
  • Tax Block: 0
  • Tax Lot: 01300
  • Tax Map Number: 151310BA
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2023
Sold by
Foudy William J
Bought by
Foudy William J and Foudy Blesilda S
Total Days on Market
27
Current Estimated Value
$947,416

Purchase Details

Closed on
May 1, 2018
Sold by
Wayland Katherine M and Richard D Wayland Trust Under Agreement
Bought by
Richard D Wayland Credit Shelter By-Pass Trus and Wayland

Purchase Details

Closed on
Apr 23, 2018
Sold by
Wayland Kathrine M
Bought by
Wayland Kathrine M and Richard D Wayland Credit Shelter Trust

Purchase Details

Closed on
Aug 21, 2007
Sold by
Wayland Katherine M
Bought by
Wayland Richard D and Richard D Wayland Trust

Purchase Details

Closed on
Mar 26, 2004
Sold by
Fastidio Lilia F and Rivera Bernadette F
Bought by
Wayland Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

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
Foudy William J -- None Listed On Document
Foudy Re Llc -- None Listed On Document
Richard D Wayland Credit Shelter By-Pass Trus -- None Listed On Document
Wayland Kathrine M -- None Available
Wayland Richard D -- None Available
Wayland Katherine M -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wayland Katherine M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $950,000 -5.0% $223 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,000,000 -- $234 / 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 $8,877 $440,580 -- --
2023 $8,489 $427,750 $0 $0
2022 $7,718 $403,210 $0 $0
2021 $7,463 $391,470 $0 $0
2020 $7,125 $391,470 $0 $0
2019 $6,814 $380,070 $0 $0
2018 $6,644 $369,000 $0 $0
2017 $6,486 $358,260 $0 $0
2016 $6,397 $347,830 $0 $0
2015 $5,753 $322,520 $0 $0
2014 $5,172 $288,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220138730

Oregon Datashare

APN: 202724