NOT LISTED FOR SALE

931 SW Black Butte Blvd Redmond, OR 97756

Estimated Value: $447,243 - $587,000

5 Beds
3 Baths
2,210 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $260,000 $118 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,219/month

105 Days on Market

Highlights

  • City View
  • Cottage
  • Landscaped
  • No HOA
  • 1-Story Property
  • Carpet

About This Home

As of December 2016

Perfect location right near downtown Redmond. Awesome old single family neighborhood. Schools and shopping close by. These units are easy to rent and manage. Tenant in larger unit has been there for approximately 8 years. Current rents total $1925/month. Fresh paint, 7% CAP.

Last Agent to Sell the Property

Kit Korish

Duke Warner Realty License #780203867 Listed on: 11/14/2016

Last Buyer's Agent

Ken Streater

NAI Cascade License #200511232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,889

Year Built

  • Built in 1947

Lot Details

  • 5,227 Sq Ft Lot
  • Landscaped

Parking

  • On-Street Parking

Property Views

  • City
  • Territorial

Home Design

  • Duplex
  • Cottage
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Schools

  • John Tuck Elementary School
  • Elton Gregory Middle School
  • Redmond High School

Utilities

  • Heating Available
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 7 / 9
  • Assessor Parcel Number 123339

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Townsite Of Redmond Subdivision

Building Details

  • Gross Income $23,100
  • Net Operating Income $19,104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,889

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Unit Levels: One
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: Townsite Of Redmond
  • Year Built: 1947
  • Total Gross Income: 23100.0
  • Co List Office Phone: 541-382-8262
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R3
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 7
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 9
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • View: City, Territorial
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes

Garage/Parking

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

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public, Water Meter
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: John Tuck Elem
  • High School: Redmond High
  • Middle Or Junior School: Elton Gregory Middle

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 123339
  • ResoLotSizeUnits: Acres
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 19104.0
  • Annual Operating Expense: 3996.0

Tax Info

  • Tax Annual Amount: 1889.0
  • Tax Block: 9
  • Tax Lot: 7
  • Tax Map Number: 151316AB
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2019
Sold by
Warren Wendy L
Bought by
High Desert Blw Llc
Total Days on Market
105
Current Estimated Value
$533,311

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 20, 2016
Sold by
Pollman Dean W
Bought by
Warren Wendy L
Seller's Agent
Kit Korish
Duke Warner Realty
Buyer's Agent
Ken Streater
NAI Cascade
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Jun 14, 2016
Sold by
Warner Kris and Warner Kim
Bought by
Pollman Dean W

Purchase Details

Closed on
Jul 19, 2006
Sold by
Mott Casey and Mott Leslie
Bought by
Korish Pat and Warner Kris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.67%
Mortgage Type
Unknown
Source: Public Records

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
High Desert Blw Llc -- None Available
Warren Wendy L $260,000 Western Title & Escrow
Pollman Dean W $215,000 Western Title & Escrow
Korish Pat $238,875 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warner Kim $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2016 12/22/16 Sold $260,000 -7.1% $118 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $279,900 -- $127 / 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 $2,704 $134,180 -- --
2023 $2,586 $130,280 $0 $0
2022 $2,351 $122,810 $0 $0
2021 $2,273 $119,240 $0 $0
2020 $2,170 $119,240 $0 $0
2019 $2,075 $115,770 $0 $0
2018 $2,024 $112,400 $0 $0
2017 $1,976 $109,130 $0 $0
2016 $1,949 $105,960 $0 $0
2015 $1,889 $102,880 $0 $0
2014 $1,839 $99,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201607913

Oregon Datashare

APN: 123339