NOT LISTED FOR SALE

61116 Parrell Rd Unit 1&2 Bend, OR 97702

Old Farm District Neighborhood

Estimated Value: $517,124 - $938,000

4 Beds
2 Baths
1,818 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $285,000 $157 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,838/month

31 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Tile Flooring
  • Territorial View
  • Patio
  • Landscaped

About This Home

As of March 2016

Lovely single level duplex on a large lot located conveniently in the SE area, easy access to the Old Mill District and parkway. New septic system in 2008 permitted with the county. Unit 2 has newer carpet and cork flooring. Unit 1 has newer carpet and new vinyl in bath. Nice sized fenced in yards for both units plus and single car garage for storage. Both units in excellent shape. Tons of parking. Conservative estimate of market rents 950 per month per unit. A great Investment property!

Last Listed By

Jeanne Moir

Stellar Realty Northwest License #200102127 Listed on: 01/27/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,052

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Landscaped

Property Views

  • Territorial Views

Home Design

  • Duplex
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 121181

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $22,200
  • Net Operating Income $17,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,052

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1972
  • Total Gross Income: 22200.0
  • Co List Office Phone: 541-508-3148
  • Outside Inclusions: washer, dryer, & refrigerator both units
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RL
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Location Tax and Legal:Tax Lot: 0
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Primary Downstairs
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped
  • Roof: Composition
  • View: Territorial
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Exterior Features:Patio: Yes

Utilities

  • Heating: Baseboard, Electric
  • Sewer: Septic Tank
  • Water Source: Backflow Domestic, Backflow Irrigation, Water Meter
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 121181
  • ResoLotSizeUnits: Acres
  • Zoning Description: RL
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 17200.0
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 2052.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 181217AB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Mar 8, 2016
Sold by
Harris Kevin J and Harris Megan E
Bought by
Moore Joel A and Moore Arianna L
Seller's Agent
Jeanne Moir
Stellar Realty Northwest
Buyer's Agent
Lesli Fox
Cascade Hasson Sotheby's International Realty
List Price
$285,000
Sold Price
$285,000
Total Days on Market
31
Current Estimated Value
$648,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,031
Avg. Annual Appreciation
8.48%
Original Mortgage
$213,750
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2014
Sold by
Harbor Consulting Llc
Bought by
Harris Kevin J and Harris Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
4.38%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2006
Sold by
Reed Jeff and Reed Sheila
Bought by
Harbor Consulting Llc

Purchase Details

Closed on
Dec 20, 2004
Sold by
Reed Jeff and Reed Sheila
Bought by
Reed Jeffrey D and Reed Sheila C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 22, 2004
Sold by
Rummell James W and Rummell Paula J
Bought by
Reed Jeff and Reed Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Moore Joel A $285,000 Amerititle
Harris Kevin J $210,000 Amerititle
Harbor Consulting Llc -- None Available
Reed Jeffrey D -- Western Title & Escrow Co
Reed Jeff $185,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Arianna $197,000
Closed Moore Joel A $213,750
Previous Owner Harris Kevin J $205,427
Previous Owner Harris Kevin J $206,196
Previous Owner Reed Jeffrey D $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $285,000 0.0% $157 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $285,000 -- $157 / Sq Ft
Source: Southern Oregon MLS

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 $2,936 $175,350 -- --
2023 $2,722 $170,250 $0 $0
2022 $2,539 $160,490 $0 $0
2021 $2,543 $155,820 $0 $0
2020 $2,413 $155,820 $0 $0
2019 $2,346 $151,290 $0 $0
2018 $2,280 $146,890 $0 $0
2017 $2,213 $142,620 $0 $0
2016 $2,110 $138,470 $0 $0
2015 $2,052 $134,440 $0 $0
2014 $1,992 $130,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jeanne Moir

    Stellar Realty Northwest

    (541) 508-3148

    8 in this area

    56 Total Sales

    Jeanne Moir
    Section Image

  • L

    Buyer's Agent in 2016

    Lesli Fox

    Cascade Hasson Sotheby's International Realty

See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 201600011

Southern Oregon MLS

APN: 121181

Oregon Deschutes County Bend 97702 Old Farm District

61116 Parrell Rd Unit 1&2, Bend, OR

Homes for Sale in Bend, OR

This home is located at 61116 Parrell Rd Unit 1&2, Bend, OR 97702 since 27 January 2016 and is currently estimated at $648,031, approximately $356 per square foot. This property was built in 1972. 61116 Parrell Rd Unit 1&2 is a home located in Deschutes County with nearby schools including R.E. Jewell Elementary School, High Desert Middle School, and Morning Star Christian School.

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