NOT LISTED FOR SALE

Estimated Value: $1,186,540

0.82 Acre
$1,447,000 Price per Acre
35,719 Sq Ft Lot

Last Sold September 15, 2021

Last sale price $1,143,014

Est. 4% increase in value since last sale

Current estimated payment $9,501/month

185 Days on Market

About This Lot

As of September 2021

Located on the SW Columbia Street, this incredible development site is on the west side of Bend and a stone's throw from the popular Old Mill District. The zoning of Mixed-Use Riverfront (MR) allows for a wide variety of uses including retail, restaurants, office, hotels, apartments and condos. The subject property is immediately adjacent to Riverbend Park, a summer hub for thousand of locals and visitors who float the river or engage in water sports. The lot is within a short walk to the Old Mill District and the Les Schwab Amphitheater. In addition, the lot provides easy access to downtown, 3rd Street, and Highway 97 via Colorado Avenue or Reed Market Road.

Last Agent to Sell the Property

Grant Schultz

Compass Commercial Real Estate License #201217020 Listed on: 10/22/2020

Compass Commercial Real Estate

Co-Listed By

Jay Lyons

Compass Commercial Real Estate License #201101137

Compass Commercial Real Estate

Last Buyer's Agent

Jay Lyons

Compass Commercial Real Estate License #201101137

Compass Commercial Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,784

Year Built

  • 2022

Lot Details

  • 0.82 Acre Lot
  • Property is zoned MR, MR

Schools

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

Utilities

  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mill Quarter Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246417

Property Details

Property Type

Land

Est. Annual Taxes

$1,784

Year Built

2022

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 0.82
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Subdivision Name: Mill Quarter
  • Co List Office Mls Id: ocCCRE
  • Co List Office Phone: 541-383-2444
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • General Property Information:Zoning2: MR
  • General Property Information Senior Community YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Utilities:Electricity Connected: Yes
  • Special Features: None
  • Year Built (Public Record): 2022

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Fiber Optics Available, Natural Gas Available, Phone Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

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: 35719.2
  • Parcel #: 246417
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: MR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1783.78
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Sep 7, 2021
Sold by
Jc 52 Llc
Bought by
Holmer Bend Commercial Llc
Seller's Agent
Grant Schultz
Compass Commercial Real Estate
Buyer's Agent
Jay Lyons
Compass Commercial Real Estate
List Price
$1,143,014
Sold Price
$1,143,014
Total Days on Market
185
Current Estimated Value
$1,186,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,526
Original Mortgage
$4,205,000
Outstanding Balance
$3,867,697
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2005
Sold by
River Bend Lp
Bought by
Jc 52 Llc
Source: Public Records

Similar Property in Bend, OR

  • 20525 Reed Market Rd, Bend, OR 97702

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    • Land
    • 1 Acre
    • $1,275,000 per Acre
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    • Bend, OR

    Builders & Developers, this one is for you! Start construction this year-infrastructure/construction permit approved! Canal front 1 acre lot with entitlements in place for a 12-lot subdivision. Utility stubs and new access road are at the property line. 6 of the lots back to the COID irrigation canal and there is a pedestrian bridge to access the historic canal trail at the property corner.

    Ian Berg Invest in Bend Real Estate

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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
Holmer Bend Commercial Llc $1,143,014 Western Title
Jc 52 Llc -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Holmer Bend Commercial Llc $1,949,000
Closed Holmer Bend Commercial Llc $2,350,000
Closed Holmer Bend Commercial Llc $1,900,000
Open Holmer Bend Commercial Llc $4,205,000
Closed Holmer Bend Commercial Llc $4,205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,143,014 0.0% --
11/24/2020 11/24/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $1,143,014 -- --
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 $34,465 $2,058,410 -- --
2023 $31,949 $1,998,460 $0 $0
2022 $1,931 $122,040 $0 $0
2021 $1,934 $118,490 $0 $0
2020 $1,835 $118,490 $0 $0
2019 $1,784 $115,040 $0 $0
2018 $1,733 $111,690 $0 $0
2017 $1,683 $108,440 $0 $0
2016 $1,605 $105,290 $0 $0
2015 $1,560 $102,230 $0 $0
2014 $1,514 $99,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220103477

Oregon Datashare

APN: 246417