NOT LISTED FOR SALE
2 Beds
2 Baths
15 Sq Ft
0.64 Acres

Last Sold July 20, 2016

Last sale price $1,539,828 $102,655 Per Sq Ft

40 Days on Market

Highlights

  • 0.64 Acre Lot
  • Traditional Architecture
  • Carpet
  • Juniper Elementary School Rated A-
  • No HOA
  • Heating Available

About This Home

As of July 2016

Fifth Street Commons is a 100% leased 15-unit apartment complex situated on 0.64 acres centrally located in Bend. The property consists of four two story buildings and secure onsite garage parking with 10 spaces and an additional 10 surface parking spaces. There are 12 2 bed/1.5 bath units and three 3 bed/1.5 bath units. Each unit has a private outdoor patio, and most have been renovated over the last three years. Washer and dryers in the two bedroom units only.

Last Agent to Sell the Property

Graham Dent

Compass Commercial Real Estate License #201207955 Listed on: 04/08/2016

Compass Commercial Real Estate

Last Buyer's Agent

Graham Dent

Compass Commercial Real Estate License #201207955 Listed on: 04/08/2016

Compass Commercial Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,534

Year Built

  • Built in 1977

Lot Details

  • 0.64

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 2-Story Property
  • 0.64 Acre Lot
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block CLA / CLA
  • Assessor Parcel Number 105206

Community Details

Overview

  • No Home Owners Association
  • 15 Units
  • Clab Subdivision

Building Details

  • Professional Management Expense $11,663
  • Gross Income $146,306
  • Net Operating Income $85,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,534

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.64
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Subdivision Name: CLAB
  • Year Built: 1977
  • Total Gross Income: 146306.07
  • Professional Management Expense: 11663.0
  • Co List Office Phone: 541-383-2444
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RM
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: CLA
  • Location Tax and Legal:Tax Block: CLA
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Other
  • Roof: Composition
  • Construction Materials:Frame: 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
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 27878.4
  • Parcel #: 105206
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 15
  • Net Operating Income: 85604.07
  • Annual Operating Expense: 60702.0

Tax Info

  • Tax Annual Amount: 9533.94
  • Tax Block: CLA
  • Tax Lot: CLA
  • Tax Year: 2015
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $1,539,828 -0.7% $102,655 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $1,550,000 -- $103,333 / Sq Ft
Source: Oregon Datashare

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 $16,988 $1,005,420 -- --
2024 $16,344 $976,140 -- --
2023 $15,151 $947,710 $0 $0
2022 $14,135 $893,320 $0 $0
2021 $14,157 $867,310 $0 $0
2020 $13,431 $867,310 $0 $0
2019 $13,057 $842,050 $0 $0
2018 $12,688 $817,530 $0 $0
2017 $11,979 $793,720 $0 $0
2016 $10,916 $736,740 $0 $0
2015 $9,636 $649,280 $0 $0
2014 $8,514 $573,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Oregon Datashare

MLS Number: 201603105

Oregon Datashare