NOT LISTED FOR SALE

540 SE Wilson Ave Bend, OR 97702

Larkspur Neighborhood

Estimated Value: $704,992 - $941,000

6 Beds
3 Baths
1,920 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $835,000 $435 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,981/month

62 Days on Market

Highlights

  • Traditional Architecture
  • Fenced
  • Heating Available
  • No HOA
  • Carpet

About This Home

As of October 2018

Two (2) triplex buildings for sale. Each building totals 2,988 +/- SF. 100% leased. Buildings reside on two taxes lots totaling 0.40 acres. Property is professionally managed, with upside potential. Newer siding with Tyvek moisture barrier installed, newer painting, windows, garage garage doors, rain gutters and roof. Renovated patios and new light fixtures.

Last Agent to Sell the Property

Tom Tapia

Fratzke Commercial R.E. Advisors License #200908071 Listed on: 07/11/2018

Co-Listed By

Brian Fratzke

Fratzke Commercial R.E. Advisors License #200402169

Last Buyer's Agent

Ken Renner

Cascade Hasson SIR License #200603025

Cascade Hasson SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,306

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced

Home Design

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

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 2-Story Property
  • Heating Available

Community Details

  • No Home Owners Association
  • 6 Units
  • Bend Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 13, 14 & 15, 16 / 84
  • Assessor Parcel Number 106366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,306

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.2
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Subdivision Name: Bend Park
  • Year Built: 1977
  • Co List Office Mls Id: ocFRAT
  • Co List Office Phone: 541-306-4948
  • Co List Office Phone: 541-306-4948
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RM
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 13, 14 & 15, 16
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 84
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced
  • Roof: Composition
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 106366
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 6306.25
  • Tax Block: 84
  • Tax Lot: 13, 14 & 15, 16
  • Tax Map Number: 181204BD
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Oct 17, 2018
Sold by
Bader Dennis L and Bader Lorraine
Bought by
Deford Karen
Seller's Agent
Tom Tapia
Fratzke Commercial R.E. Advisors
Buyer's Agent
Ken Renner
Cascade Hasson SIR
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Total Days on Market
62
Current Estimated Value
$823,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,252
Avg. Annual Appreciation
1.66%
Original Mortgage
$313,125
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Lichney Robert John and Lichney Sarah M
Bought by
Park Center Exchange I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 12, 2005
Sold by
Park Center Exchange I Llc
Bought by
Bader Dennis L and Bader Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac
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
Deford Karen $417,500 Western Title & Escrow
Park Center Exchange I Llc $225,000 Western Title & Escrow Co
Bader Dennis L $225,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deford Karen $708,000
Closed Deford Karen $313,125
Previous Owner Bader Dennis L $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $835,000 -7.1% $435 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $899,000 -- $468 / 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 $4,496 $268,520 -- --
2023 $4,168 $260,700 $0 $0
2022 $3,888 $245,740 $0 $0
2021 $3,894 $238,590 $0 $0
2020 $3,695 $238,590 $0 $0
2019 $3,592 $231,650 $0 $0
2018 $3,491 $224,910 $0 $0
2017 $3,388 $218,360 $0 $0
2016 $3,231 $212,000 $0 $0
2015 $3,142 $205,830 $0 $0
2014 $3,049 $199,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Tapia

    Seller's Agent in 2018

    Tom Tapia

    Fratzke Commercial R.E. Advisors

    (541) 323-6459

    3 in this area

    23 Total Sales

    Tom Tapia
    Section Image
  • Brian Fratzke

    Seller Co-Listing Agent in 2018

    Brian Fratzke

    Fratzke Commercial R.E. Advisors

    (541) 306-4948

    3 in this area

    41 Total Sales

    Brian Fratzke
    Section Image

  • K

    Buyer's Agent in 2018

    Ken Renner

    Cascade Hasson SIR

    (541) 280-5352

    1 in this area

    50 Total Sales

    Ken Renner
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 201807128

Oregon Datashare

APN: 106366

Oregon Deschutes County Bend 97702 Larkspur

540 SE Wilson Ave, Bend, OR

This home is located at 540 SE Wilson Ave, Bend, OR 97702 since 11 July 2018 and is currently estimated at $823,748, approximately $429 per square foot. This property was built in 1977. 540 SE Wilson Ave is a home located in Deschutes County with nearby schools including Bear Creek Elementary School, Pilot Butte Middle School, and Bend Senior High School.

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