NOT LISTED FOR SALE

61116 Parrell Rd Bend, OR 97702

Old Farm District Neighborhood

Estimated Value: $527,127 - $666,000

4 Beds
2 Baths
1,818 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $210,000 $116 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $3,414/month

142 Days on Market

About This Home

As of May 2014

Great duplex investment opportunity located in SE Bend. Features include: two units each with 909 +/- SF, 2 bedrooms,1 bath, 1 car garage and a landscaped yard with under ground sprinkler system. Both units are currently leased.

Last Agent to Sell the Property

Jeff Reed

NAI Cascade License #200701299 Listed on: 12/06/2013

NAI Cascade

Last Buyer's Agent

Randall Schoning

John L Scott Bend License #780203863

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction

Community Details

Overview

  • 2 Units
  • Clab Subdivision

Building Details

  • Net Operating Income $12,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,909

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: CLAB
  • Year Built: 1972
  • Co List Office Phone: 541-706-9370
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RL
  • Location Tax and Legal:Tax Lot: 0
  • Location Tax and Legal:Tax Block: 0
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Lot Info

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

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 12400.0

Tax Info

  • Tax Annual Amount: 1909.07
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Map Number: 181217

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2016
Sold by
Harris Kevin J and Harris Megan E
Bought by
Moore Joel A and Moore Arianna L
Current Estimated Value
$582,782

Home Financials for this Owner

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

Purchase Details

Listed on
Dec 6, 2013
Closed on
May 12, 2014
Sold by
Harbor Consulting Llc
Bought by
Harris Kevin J and Harris Megan E
Seller's Agent
Jeff Reed
NAI Cascade
Buyer's Agent
Randall Schoning
John L Scott Bend
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
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
New Conventional

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
New Conventional
Source: Public Records

Range of Values:

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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
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
05/15/2014 05/15/14 Sold $210,000 -2.3% $116 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
11/10/2013 11/10/13 For Sale $215,000 -- $118 / 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 $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

  • Jeff Reed

    Seller's Agent in 2014

    Jeff Reed

    NAI Cascade

    (541) 280-7068

    1 in this area

    13 Total Sales

    Jeff Reed
    Section Image

  • R

    Buyer's Agent in 2014

    Randall Schoning

    John L Scott Bend

See All Agents

Map

Source: Oregon Datashare

MLS Number: 201310773

Oregon Datashare

APN: 121181

Oregon Deschutes County Bend 97702 Old Farm District

61116 Parrell Rd, Bend, OR

This home is located at 61116 Parrell Rd, Bend, OR 97702 since 06 December 2013 and is currently estimated at $582,782, approximately $320 per square foot. This property was built in 1972. 61116 Parrell Rd 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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