NOT LISTED FOR SALE

712 NE Larch Ave Redmond, OR 97756

Estimated Value: $569,502 - $650,000

6 Beds
6 Baths
2,898 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 23, 2020

Last sale price $399,000 $138 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,645/month

283 Days on Market

Highlights

  • Craftsman Architecture
  • Territorial View
  • No HOA
  • Deck
  • Solid Surface Countertops
  • Attached Garage

About This Home

As of March 2020

Perfect 1031, Investment or Retirement Property with great Property Management, solid Tenants & steady Income. Very well maintained Duplex with many upgrades including tile floors, granite kitchen counter-tops, detailed front doors and fully fenced with gated rear yards. Each unit has a single garage plus room to park 1 or 2 cars outside on the concrete driveway. Very attractive Duplex just minutes from Walmart, Post Office, Hospital and other businesses, as well as, easy access to Hwy 97.

Last Agent to Sell the Property

Fred Baldwin Pc

Century 21 North Homes Realty License #780200424 Listed on: 01/03/2020

Co-Listed By

Debbie Baldwin

Century 21 North Homes Realty License #790400332

Last Buyer's Agent

David Quiros

RE/MAX Key Properties License #910100023

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,039

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Landscaped

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Double Pane Windows
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Redmond High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenant's Personal Belongings
  • Tax Lot 16
  • Assessor Parcel Number 239618

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Walker
  • Guys Acres Subdivision

Building Details

  • Professional Management Expense $2,484
  • Gross Income $27,600
  • Net Operating Income $20,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,039

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Architectural Style: Craftsman
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Guys Acres
  • Year Built: 2003
  • Total Gross Income: 27600.0
  • Professional Management Expense: 2484.0
  • Co List Office Mls Id: ocC-21
  • Co List Office Phone: 541-548-2131
  • Co List Office Phone: 541-548-2131
  • Outside Inclusions: 2 each: Dishwashers, Disposals,; Range/ovens, Refrigerators
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information High School: Redmond High
  • General Property Information:Zoning2: R-5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 16
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Appliances Microwave: Yes
  • Flooring:Tile: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Estimated Completion Date: 2020-10-10
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Tile
  • Interior Amenities: Shower/Tub Combo, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Builder Name: Walker
  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenant's Personal Belongings
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, Driveway, Other
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • High School: Redmond High

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 239618
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 20856.0
  • Annual Operating Expense: 4260.0

Tax Info

  • Tax Annual Amount: 4039.13
  • Tax Block: 0
  • Tax Lot: 16
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Mar 17, 2020
Sold by
Hagman Mark G
Bought by
French Donald E and French Dolores S
Seller's Agent
Fred Baldwin Pc
Century 21 North Homes Realty
Buyer's Agent
David Quiros
RE/MAX Key Properties
List Price
$409,500
Sold Price
$399,000
Premium/Discount to List
-$10,500
-2.56%
Current Estimated Value
$605,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,376
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Sep 17, 2008
Sold by
Bonnie Vanhandel Gregory John and Bonnie Poniana
Bought by
Hagman Mark G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2006
Sold by
Bonnie Vanhandel Gregory John and Bonnie Poniana
Bought by
Bonnie Vanhandel Gregory John and Bonnie Poniana

Purchase Details

Closed on
May 16, 2006
Sold by
Walker Michael J and Walker Mary L
Bought by
Vanhandel Gregory J and Vanhandel Bonnie P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,250
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 13, 2004
Sold by
Greenway Terrace Llc
Bought by
Walker Michael J and Walker Mary L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
French Donald E $399,000 Deschutes County Title
Hagman Mark G $252,000 Western Title & Escrow Co
Bonnie Vanhandel Gregory John -- None Available
Vanhandel Gregory J -- Amerititle
Walker Michael J $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hagman Mark G $83,000
Previous Owner Vanhandel Gregory J $211,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2020 03/23/20 Sold $399,000 -2.6% $138 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
04/22/2019 04/22/19 For Sale $409,500 -- $141 / 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 $5,485 $268,990 -- --
2024 $5,262 $261,160 -- --
2023 $5,032 $253,560 $0 $0
2022 $4,575 $239,010 $0 $0
2021 $4,424 $232,050 $0 $0
2020 $4,224 $232,050 $0 $0
2019 $4,039 $225,300 $0 $0
2018 $3,939 $218,740 $0 $0
2017 $3,845 $212,370 $0 $0
2016 $3,792 $206,190 $0 $0
2015 $3,676 $200,190 $0 $0
2014 $3,490 $194,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201903037

Oregon Datashare

APN: 239618