NOT LISTED FOR SALE

548 NE Negus Loop Redmond, OR 97756

Estimated Value: $529,340 - $591,000

4 Beds
6 Baths
2,200 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $240,000 $109 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $3,364/month

610 Days on Market

Highlights

  • City View
  • Landscaped
  • Carpet
  • Contemporary Architecture
  • Fenced
  • Wall Furnace

About This Home

As of February 2016

Newer well maintained Duplex. Natural gas fireplace gives additional atmosphere as well as heat. Exterior recently painted. Nicely landscaped. Close to Walmart Super Store, Hospital, & downtown Redmond. Excellent Investment Opportunity. Rents are currently under market.

Last Agent to Sell the Property

Bob Bleile

Windermere Realty Trust License #200506356 Listed on: 01/11/2016

Windermere Realty Trust

Last Buyer's Agent

John Kelley

RE/MAX Key Properties License #200803122

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 2001

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Landscaped

Home Design

  • Duplex
  • Contemporary Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • City Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Wall Furnace

Community Details

  • 2 Units
  • Negus Villas Subdivision

Listing and Financial Details

  • Exclusions: Tenant's Personal Property
  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 202722

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,445

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Negus Villas
  • Year Built: 2001
  • Co List Office Phone: 541-923-4663
  • Outside Inclusions: Washer/Dryer, Refrigerator
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 11
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 2
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • View:City3: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Vinyl
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped
  • Roof: Composition
  • View: City
  • Exclusions: Tenant's Personal Property
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes

Utilities

  • Heating: Electric, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 202722
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3445.0
  • Tax Block: 2
  • Tax Lot: 11
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2018
Sold by
Burk Michael G and Burk Debbie J
Bought by
Puddles Properties Llc
Current Estimated Value
$553,335

Purchase Details

Closed on
Sep 28, 2016
Sold by
Burk Michael G and Burk Debbie J
Bought by
Burk Michael G and Burk Debra J

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jan 26, 2016
Sold by
Stains Edwin D and Stains Sophia A
Bought by
Burk Michael G and Burk Debbie J
Seller's Agent
Bob Bleile
Windermere Realty Trust
Buyer's Agent
John Kelley
RE/MAX Key Properties
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2014
Sold by
Stains Edwin D and Stains Sophia A
Bought by
Stains Revocable Trust

Purchase Details

Closed on
Sep 2, 2010
Sold by
Stains Edwin D and Stains Sophia A
Bought by
Stains Edwin D and Stains Sophia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,330
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Stains Edwin D
Bought by
Stains Edwin D and Stains Sophia A
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
Puddles Properties Llc -- None Available
Burk Michael G -- None Available
Burk Michael G $240,000 First American Title
Stains Revocable Trust -- None Available
Stains Edwin D -- Accommodation
Stains Edwin D -- Accommodation
Stains Edwin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burk Michael G $100,000
Previous Owner Stains Edwin D $122,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $240,000 0.0% $109 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
05/25/2014 05/25/14 For Sale $240,000 -- $109 / 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
2025 $5,308 $260,310 -- --
2024 $5,092 $252,730 -- --
2023 $4,870 $245,370 $0 $0
2022 $4,427 $231,300 $0 $0
2021 $4,281 $224,570 $0 $0
2020 $4,087 $224,570 $0 $0
2019 $3,909 $218,030 $0 $0
2018 $3,811 $211,680 $0 $0
2017 $3,721 $205,520 $0 $0
2016 $3,670 $199,540 $0 $0
2015 $3,445 $193,140 $0 $0
2014 $3,080 $171,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201405113

Oregon Datashare

APN: 202722