NOT LISTED FOR SALE

Bend, OR 97701

River West Neighborhood
4 Beds
2 Baths
13,824 Sq Ft
0.68 Acres

Last Sold July 28, 2017

Last sale price $2,150,000 $156 Per Sq Ft

7 Days on Market

Highlights

  • City View
  • 0.68 Acre Lot
  • No HOA
  • High Lakes Elementary School Rated A-
  • Contemporary Architecture
  • Double Pane Windows

About This Home

As of July 2017

What an opportunity on the Lower Westside of Bend. 16 units with full condominium status. One block to Newport Market, one mile to COCC, and equidistant to downtown or the new OSU campus. Re-sale individually or re-develop for top dollar rents /re-sale. Lots of potential with current rents averaging $725/mo all on Mo/Mo. Set up for the highest potential with 4 buildings each with 4 units so each building could be sold as well as a 4 plex qualifying for residential financing.

Last Agent to Sell the Property

HallieDew Anderson

LivOregon Real Estate LLC License #990200058 Listed on: 05/17/2017

Last Buyer's Agent

Joel Thomas

Compass Commercial Real Estate License #201207098

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,952

Year Built

  • Built in 1973

Lot Details

  • 0.68 Acre Lot
  • Landscaped

Parking

  • Driveway

Property Views

  • City
  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Schools

  • High Lakes Elementary School
  • Pacific Crest Middle School
  • Summit High School

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Exclusions: tenant personal belongings
  • Tax Lot 1
  • Assessor Parcel Number 167799

Community Details

Overview

  • No Home Owners Association
  • 16 Units
  • Kenwood Gardens Subdivision

Building Details

  • Gross Income $192,000
  • Net Operating Income $139,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,952

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Lot Size Acres: 0.68
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Kenwood Gardens
  • Year Built: 1973
  • Total Gross Income: 192000.0
  • Co List Office Phone: 541-508-3148
  • Outside Inclusions: CLA for list of included
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: High Lakes Elem
  • General Property Information Middle Or Junior School: Pacific Crest Middle
  • General Property Information High School: Summit High
  • General Property Information:Zoning2: RM
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 1
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 0
  • Flooring:Vinyl: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • View: Cascade Mountains, City, Territorial
  • Exclusions: tenant personal belongings
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Asphalt, Driveway, Storage, Other
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Available

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: High Lakes Elem
  • High School: Summit High
  • Middle Or Junior School: Pacific Crest Middle

Lot Info

  • Lot Size Sq Ft: 29620.8
  • Parcel #: 167799
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 16
  • Net Operating Income: 139200.0
  • Annual Operating Expense: 53000.0

Tax Info

  • Tax Annual Amount: 11952.0
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Map Number: 171231AB
  • Tax Year: 2017

Range of Values:

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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 Change Sq Ft Price
07/28/2017 07/28/17 Sold $2,150,000 0.0% $156 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $2,150,000 -- $156 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    HallieDew Anderson

    LivOregon Real Estate LLC

    Section Image

  • J

    Buyer's Agent in 2017

    Joel Thomas

    Compass Commercial Real Estate

See All Agents

Source: Oregon Datashare

MLS Number: 201704522

Oregon Datashare
Oregon Deschutes County Bend 97701

River West

This home since 17 May 2017. This property was built in 1973. This home is a home located in Deschutes County with nearby schools including High Lakes Elementary School, Pacific Crest Middle School, and Summit High School.

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