NOT LISTED FOR SALE

996 SW Rimrock Way Redmond, OR 97756

Estimated Value: $603,000 - $666,000

6 Beds
6 Baths
2,480 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $609,999 $246 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,944/month

20 Days on Market

Highlights

  • RV or Boat Parking
  • Craftsman Architecture
  • Linen Closet
  • Canyon View
  • Attached Garage
  • Breakfast Bar

About This Home

As of September 2021

Wonderfully located hard to find investment in Redmond. This property is on a cul-de-sac in Stonehedge on the Rim, surrounded by beautiful homes. Fenced back yards back up to the canyon. One unit has RV parking. Each unit has 3 beds, 2.5 baths with approximately 1240 sf. Light and bright with lots of windows. Open concept kitchen and living room with a gas fireplace. Half bath downstairs coat closets and storage under the stairs. Primary suites have walk-in closets & vaulted ceilings. Both units have one car garage and contain a washer and dryer. Sprinkler system in front and back. Conveniently located next to a park, shopping and schools.

Last Listed By

Diona Browning

Century 21 North Homes Realty License #201238556 Listed on: 07/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 2006

Lot Details

  • 8,276 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Front and Back Yard Sprinklers
  • Garden

HOA Fees

  • $23 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Linen Closet
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Canyon Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • RV or Boat Parking

Outdoor Features

  • Patio

Schools

  • M A Lynch Elementary School
  • Obsidian Middle School
  • Ridgeview High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Exclusions: tenants personal property
  • Assessor Parcel Number 245017

Community Details

Overview

  • 2 Units
  • Stonehedge Subdivision
  • Property is near a preserve or public land

Recreation

  • Park

Building Details

  • Gross Income $35,400
  • Net Operating Income $31,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,884

Year Built

Built in 2006

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Architectural Style: Craftsman
  • Unit Levels: Two
  • Lot Size Acres: 0.19
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Stonehedge
  • Year Built: 2006
  • Total Gross Income: 35400.0
  • Co List Office Phone: 541-548-2131
  • Outside Inclusions: washer/dryer 2, range/oven 2, microwave 2
  • MLS Status: Closed
  • ResoBuildingAreaSource: Other
  • General Property Information:Zoning2: R3
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Other Structures RVBoat Storage2: Yes
  • Architectural Style Craftsman: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Gas, Living Room
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Breakfast Bar, Laminate Counters, Linen Closet
  • Fireplace: Yes
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Garden, Sprinklers In Front, Sprinklers In Rear
  • Other Structures: RV/Boat Storage
  • Roof: Composition
  • View: Canyon
  • Exclusions: tenants personal property
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Patio: Yes
  • Lot Features:Garden: Yes

Garage/Parking

  • Parking Features: Attached, Driveway, Garage Door Opener
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 280.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Access to Public Lands, Park

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 280.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: M A Lynch Elem
  • High School: Ridgeview High
  • Middle Or Junior School: Obsidian Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 245017
  • ResoLotSizeUnits: Acres
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 31360.0
  • Annual Operating Expense: 4040.0

Tax Info

  • Tax Annual Amount: 3884.48
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 9, 2021
Sold by
Dante Randy Iris and Nordstrom Mark John
Bought by
Fletcher Kevin J and Fletcher Monique
Seller's Agent
Diona Browning
Century 21 North Homes Realty
Buyer's Agent
Ken Mucha
Team Birtola High Desert
List Price
$625,000
Sold Price
$609,999
Premium/Discount to List
-$15,001
-2.4%
Total Days on Market
20
Current Estimated Value
$631,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,588
Avg. Annual Appreciation
0.95%
Original Mortgage
$457,499
Outstanding Balance
$420,240
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$211,347

Purchase Details

Listed on
Aug 7, 2012
Closed on
Sep 10, 2012
Sold by
Ltg Properties Llc
Bought by
Danto Randy Iris and Nordstrom Mark John
Seller's Agent
Lesli Fox
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Roger Morgan
Harcourts The Garner Group Real Estate
List Price
$181,000
Sold Price
$179,000
Premium/Discount to List
-$2,000
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Ltg Llc
Bought by
Ltg Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,551,000
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2006
Sold by
Watson Hayden
Bought by
Ltg Llc

Purchase Details

Closed on
Jul 3, 2006
Sold by
H & B Development Llc
Bought by
Watson Hayden

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2006
Sold by
Hlm Inc
Bought by
H & B Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 21, 2005
Sold by
Hlm Inc
Bought by
Watson Hayden

Purchase Details

Closed on
Dec 17, 2004
Sold by
Stonehedge Llc
Bought by
Hlm Inc

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
Fletcher Kevin J $609,999 Amerititle
Danto Randy Iris $179,000 Amerititle
Ltg Properties Llc -- None Available
Ltg Llc -- Accommodation
Watson Hayden -- Accommodation
H & B Development Llc $60,000 First Amer Title Ins Co Or
Watson Hayden -- --
Hlm Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Kevin J $457,499
Previous Owner Ltg Properties Llc $1,551,000
Previous Owner Watson Hayden $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $609,999 -2.4% $246 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $625,000 +249.2% $252 / Sq Ft
09/10/2012 09/10/12 Sold $179,000 -1.1% $72 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/05/2012 08/05/12 For Sale $181,000 -- $73 / Sq Ft
Source: Southern Oregon MLS

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 $4,840 $240,190 -- --
2023 $4,628 $233,200 $0 $0
2022 $4,207 $219,820 $0 $0
2021 $4,068 $213,420 $0 $0
2020 $3,884 $213,420 $0 $0
2019 $3,715 $207,210 $0 $0
2018 $3,622 $201,180 $0 $0
2017 $3,536 $195,330 $0 $0
2016 $3,488 $189,650 $0 $0
2015 $3,381 $184,130 $0 $0
2014 $3,292 $178,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220126919

Southern Oregon MLS

APN: 245017