NOT LISTED FOR SALE

614 & 630 NW Broadway St Bend, OR 97703

Old Bend Neighborhood

Estimated Value: $1,549,000 - $2,163,132

7 Beds
7 Baths
6,959 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $1,900,000 $273 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,622/month

100 Days on Market

Highlights

  • 0.46 Acre Lot
  • No HOA
  • Wood Frame Window
  • William E. Miller Elementary School Rated A-
  • Neighborhood Views
  • 3-minute walk to Drake Park

About This Home

As of December 2021

Extraordinary re-development potential near downtown Bend and Drake Park. RH zoning alllows for the highest residential density outright and conditionally many other residential oriented uses. 10-19 units possible depending on layout. Alley access allows for the higher density and aesthetic charm from the front. Currently 12 units on property regarded as of little value. Valuation is based on ground only. However, they do generate income during the holding period until development. Gross income currently is $107,470. Some great views from a second or third story newly constructed dwelling unit. Walking distance to downtown and Drake Park. Located in an Opportunity Zone for Bend. The property is being sold for the development potential of the combined lots. This is one of the few RH lots available for sale in Bend proper. Combined lots are 20,037 square feet (.46 acre).

Last Agent to Sell the Property

Mike Hoover

Mike Hoover Sales LLC License #780403757 Listed on: 06/07/2021

Last Buyer's Agent

Matthew Werner

High Desert Realty, LLC License #201229477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,470

Year Built

  • Built in 1925

Lot Details

  • 0.46 Acre Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot

Home Design

  • Bungalow
  • Stone Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Frame Window
  • Aluminum Window Frames
  • Carpet
  • Neighborhood Views
  • Range
  • Unfinished Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Alley Access
  • On-Street Parking

Schools

  • William E Miller Elementary School
  • Cascade Middle School
  • Summit High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Property held in a trust
  • Tax Lot 04800, 04700
  • Assessor Parcel Number 103857, 103858

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Recreation

  • Park

Building Details

  • Gross Income $107,470
  • Net Operating Income $52,633

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,470

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Architectural Style: Bungalow
  • Directions: From downtown, west on Franklin, south on Broadway 1 1/2 blocks. The property is on the east side of Broadway. No sign.
  • Unit Levels: One, Two
  • Lot Size Acres: 0.46
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1925
  • Total Gross Income: 107470.0
  • Co List Office Phone: 541-408-7811
  • MLS Status: Closed
  • General Property Information Elementary School: William E Miller Elem
  • General Property Information Middle Or Junior School: Cascade Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: RH
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 04800, 04700
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions Trust: Yes
  • Foundation Details Stone2: Yes
  • Common Walls 2 Common Walls: Yes
  • Architectural Style Bungalow: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Has Basement: Unfinished
  • Flooring: Carpet, None, Other
  • Window Features: Aluminum Frames, Wood Frames
  • Community Features:Park2: Yes
  • Appliances Range: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Builder Name: unknown
  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Stone
  • Lot Features: Landscaped, Level
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Parking Features: Alley Access, Asphalt, On Street, Other
  • Attached Garage: No
  • Parking Features:Asphalt: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Park

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: William E Miller Elem
  • High School: Summit High
  • Middle Or Junior School: Cascade Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 20037.6
  • Parcel #: 103857, 103858
  • ResoLotSizeUnits: Acres
  • Zoning Description: RH

Multi Family

  • Number Of Units Total: 12
  • Net Operating Income: 52633.0
  • Annual Operating Expense: 54837.0

Tax Info

  • Tax Annual Amount: 10470.0
  • Tax Lot: 04800, 04700
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2012
Sold by
Capell Francis J and Capell Carmen A
Bought by
Capell Properties Llc
Current Estimated Value
$1,872,033
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Capell Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2021 12/16/21 Sold $1,900,000 +8.6% $273 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $1,750,000 -- $251 / 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 $9,302 $550,540 -- --
2024 $8,950 $534,510 -- --
2023 $8,296 $518,950 $0 $0
2022 $7,740 $489,170 $0 $0
2021 $7,752 $456,780 $0 $0
2020 $7,073 $456,780 $0 $0
2019 $6,877 $443,480 $0 $0
2018 $6,682 $430,570 $0 $0
2017 $6,486 $418,030 $0 $0
2016 $6,186 $405,860 $0 $0
2015 $6,014 $394,040 $0 $0
2014 $5,837 $382,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Hoover

    Mike Hoover Sales LLC

  • M

    Buyer's Agent in 2021

    Matthew Werner

    High Desert Realty, LLC

    (541) 930-0071

    1 in this area

    22 Total Sales

    Matthew Werner
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Map

Source: Oregon Datashare

MLS Number: 220118224

Oregon Datashare

APN: 103858

Oregon Deschutes County Bend 97703 Old Bend

614 & 630 NW Broadway St, Bend, OR

Not Listed for Sale

MultiFamily

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