NOT LISTED FOR SALE

Bend, OR 97702

Southwest Bend Neighborhood

Estimated Value: $707,000 - $828,000

5 Beds
3 Baths
2,495 Sq Ft
$309/Sq Ft Est. Value

Last Sold September 18, 2014

Last sale price $280,000 $112 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $4,633/month

141 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Landscaped
  • Pine Ridge Elementary School Rated A-
  • Walk-In Closet
  • Forced Air Heating System

About This Home

As of September 2014

Excellent investment property with rising rents, and very low vacancy. Close to Deschutes River, Parks and Old Mill. Cascade Mountain Views upstairs

Last Agent to Sell the Property

Regan Scott

Deschutes Property Management Brokerage Email: allison@rentingoregon.com License #950200131 Listed on: 04/11/2014

Last Buyer's Agent

John Snippen

RE/MAX Key Properties License #200601351

RE/MAX Key Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,000

Year Built

  • Built in 2005

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped

Home Design

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

Interior Spaces

  • Walk-In Closet
  • 2-Story Property
  • Mountain Views

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tax Lot 2
  • Assessor Parcel Number 246280

Community Details

Overview

  • 2 Units
  • Porter James Subdivision

Building Details

  • Gross Income $18,300
  • Net Operating Income $13,975

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,000

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Porter James
  • Year Built: 2005
  • Attribution Contact: allison@rentingoregon.com
  • Total Gross Income: 18300.0
  • Co List Office Phone: 541-385-1515
  • Outside Inclusions: Refrigerator (2) Range (2) Microwave (1); Window coverings
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 2
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: N/A
  • Flooring:Vinyl: Yes
  • Water Source Private: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Builder Name: unknown
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • View: Cascade Mountains
  • Exclusions: Tenants personal property
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • Parcel #: 246280
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13974.81
  • Annual Operating Expense: 4325.19

Tax Info

  • Tax Annual Amount: 3000.07
  • Tax Block: N/A
  • Tax Lot: 2
  • Tax Map Number: 181208CB

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Sep 13, 2014
Sold by
Chang Geroge
Bought by
The Robert G Olsen & Gail M Olsen Joint
Seller's Agent
Regan Scott
Deschutes Property Management
Buyer's Agent
John Snippen
RE/MAX Key Properties
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Current Estimated Value
$769,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,868
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
May 12, 2005
Sold by
Robinson Audia Development Llc
Bought by
Chang George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,990
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac
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
The Robert G Olsen & Gail M Olsen Joint $280,000 Deschutes County Title Co
Chang George $299,999 First Amer Title Ins Co Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang George $251,500
Previous Owner Chang George $269,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2014 09/18/14 Sold $280,000 -3.1% $112 / Sq Ft
08/30/2014 08/30/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $289,000 -- $116 / 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 $4,585 $273,840 -- --
2023 $4,250 $265,870 $0 $0
2022 $3,966 $250,620 $0 $0
2021 $3,972 $243,330 $0 $0
2020 $3,768 $243,330 $0 $0
2019 $3,663 $236,250 $0 $0
2018 $3,560 $229,370 $0 $0
2017 $3,455 $222,690 $0 $0
2016 $3,295 $216,210 $0 $0
2015 $3,204 $209,920 $0 $0
2014 $3,110 $203,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Regan Scott

    Deschutes Property Management

    (541) 390-9738

    23 Total Sales

    Regan Scott
    Section Image
  • John Snippen

    Buyer's Agent in 2014

    John Snippen

    RE/MAX

    (541) 948-9090

    7 in this area

    143 Total Sales

    John Snippen
    Section Image
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Source: Oregon Datashare

MLS Number: 201403013

Oregon Datashare

APN: 246280

Oregon Deschutes County Bend 97702

Southwest Bend

This home since 11 April 2014 and is currently estimated at $769,868, approximately $308 per square foot. This property was built in 2005. This home is a home located in Deschutes County with nearby schools including Pine Ridge Elementary School, Cascade Middle School, and Bend Senior High School.

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