NOT LISTED FOR SALE

61855 Somerset Dr Bend, OR 97702

Estimated Value: $800,000 - $1,771,000

2.4 Acres
$513,155 Price per Acre
104,544 Sq Ft Lot

Sale Details

Date Sold: October 19, 2023

Last sale price $450,000

Est. 174% increase in value since last sale

Current estimated payment $7,052 / mo

195 Days on Market

About This Lot

As of October 2023

Are you looking for land to build your next dream home? This 2.4-acre parcel is located in a quiet neighborhood yet is close to all that Bend has to offer. The property is bordered by the COID irrigation canal, giving it a great seasonal riverfront like feel for less. The property is mostly level with some gently sloped areas, giving you multiple options for home sites. Somerset is a paved road and public utilities with Avion water, Central Electric Power services are already at the road for your ease of building.

Last Agent to Sell the Property

Jamie Steiner

Realty One Group Discovery License #201245936 Listed on: 01/25/2023

Realty One Group Discovery

Last Buyer's Agent

Erin Shinn

RE/MAX Key Properties License #201241304

RE/MAX Key Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,581

Lot Details

  • 2.4 Acre Lot
  • Wood Fence
  • Zoning described as MUA10

HOA Fees

  • $150 Monthly HOA Fees

Schools

  • Silver Rail Elementary School
  • Pilot Butte Middle School
  • Bend Sr High School

Community Details

  • Somerset Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111937
  • Tax Block 4

Property Details

Property Type

Land

Est. Annual Taxes

$1,581

Lot Details

2.4 Acres

HOA Fees

$150 per month

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 2.4
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Frontage Type: Private Access
  • Road Surface Type: Paved
  • Subdivision Name: Somerset
  • Co List Office Phone: 541-646-0244
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Exterior Features

  • Fencing: Wood

Utilities

  • Sewer: None
  • Water Source: Public
  • Utilities: None

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 1800.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No

Schools

  • Elementary School: Silver Rail Elem
  • High School: Bend Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 104544.0
  • Parcel #: 111937
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: MUA10

Tax Info

  • Tax Annual Amount: 1580.97
  • Tax Block: 4
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2025
Sold by
Bought by
Current Estimated Value
$1,231,572

Purchase Details

Closed on
Aug 30, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,266,627
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2023
Closed on
Oct 17, 2023
Sold by
Bought by
Seller's Agent
Jamie Steiner
Realty One Group Discovery
Buyer's Agent
Erin Shinn
RE/MAX Key Properties
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Western Title
-- Western Title
$450,000 Western Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,266,627
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $450,000 -5.3% --
07/29/2023 07/29/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $475,000 -- --
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,150 $210,310 -- --
2024 $1,811 $122,660 -- --
2023 $1,704 $119,090 $0 $0
2022 $1,571 $112,270 $0 $0
2021 $1,581 $109,000 $0 $0
2020 $1,493 $109,000 $0 $0
2019 $1,451 $105,830 $0 $0
2018 $1,408 $102,750 $0 $0
2017 $1,371 $99,760 $0 $0
2016 $1,303 $96,860 $0 $0
2015 $1,266 $94,040 $0 $0
2014 $1,226 $91,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jamie Steiner

    Realty One Group Discovery

    (541) 646-0244

    21 Total Sales

    Jamie Steiner
    Section Image
  • Erin Shinn

    Buyer's Agent in 2023

    Erin Shinn

    RE/MAX

    (541) 408-2333

    45 Total Sales

    Erin Shinn
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220158434

Oregon Datashare

APN: 111937

Oregon Deschutes County Bend 97702

61855 Somerset Dr, Bend, OR

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