$451,000
SOLD JAN 6, 2020

1551 SE Tempest Dr Bend, OR 97702

Larkspur Neighborhood
-- Bed
-- Bath
2,082 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Park
  • Ranch Style House
  • Bathtub with Shower
  • 2-minute walk to Ponderosa Park

About This Home

As of January 2020

Two single level Rancher style duplexes on large lots available for sale as an economic unit preferred due to 1031 concerns. Both properties on same neighborhood block. By Ponderosa Park, schools, skate parks all located in a very walkable location of Bend. Properties have been owned by the same owners for the past seven years and have been professionally managed. Please do not disturb tenants. -2 duplexes for sale. -4 total rentable units. 2 individual independent properties.

Last Agent to Sell the Property

Jordan Marx

Stellar Realty Northwest License #201222776 Listed on: 11/08/2019

Last Buyer's Agent

Ken Renner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,674

Year Built

  • Built in 1972

Lot Details

  • 10,019 Sq Ft Lot
  • Additional Parcels

Home Design

  • Duplex
  • Ranch Style House
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Bathtub with Shower
  • Vinyl Clad Windows
  • Mountain Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Schools

  • Bear Creek Elementary School
  • Pilot Butte Middle School
  • Bend Sr High School

Utilities

  • Heating Available
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenants Property
  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number 106041

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Carriage Subdivision

Recreation

  • Park

Building Details

  • Professional Management Expense $1,950
  • Gross Income $27,851
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,674

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: Carriage
  • Year Built: 1972
  • Total Gross Income: 27850.81
  • Professional Management Expense: 1949.56
  • Co List Office Phone: 541-508-3148
  • Outside Inclusions: Dishwasher, Disposer, Range in all units
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Bear Creek Elem
  • General Property Information Middle Or Junior School: Pilot Butte Middle
  • General Property Information High School: Bend Sr High
  • General Property Information:Zoning2: RM
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 5
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Laminate
  • Interior Amenities: Primary Downstairs, Shower/Tub Combo
  • Window Features: Vinyl Frames
  • Community Features:Park2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Roof: Composition
  • View: Mountain(s)
  • Exclusions: Tenants Property
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Amenities: Park
  • Association: No
  • Community Features: Park

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Park: Yes

Schools

  • Elementary School: Bear Creek Elem
  • High School: Bend Sr High
  • Middle Or Junior School: Pilot Butte Middle

Lot Info

  • Additional Parcels Description: 181203BC03700 Would prefer to sell together
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 106041
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 21000.25
  • Annual Operating Expense: 6850.56

Tax Info

  • Tax Annual Amount: 2673.97
  • Tax Block: 5
  • Tax Lot: 1
  • Tax Map Number: 181203BC
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 24, 2019
Sold by
Green Earth Developments Llc
Bought by
Deford Karen Marquardt and Deford John
Seller's Agent
Jordan Marx
Stellar Realty Northwest
Buyer's Agent
Ken Renner
List Price
$460,000
Sold Price
$451,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$691,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,545
Avg. Annual Appreciation
7.87%
Original Mortgage
$338,250
Outstanding Balance
$302,035
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$389,510

Purchase Details

Closed on
Apr 17, 2013
Sold by
Dombrowski Uriah H and Dombrowski Brieann W
Bought by
Green Earth Developments Llc

Purchase Details

Listed on
Sep 17, 2012
Closed on
Oct 30, 2012
Sold by
Colbo Dolores A and Colbo Weston A
Bought by
Dombrowski Uriah H and Dombrowski Brieann W
Seller's Agent
Craig Smith
Coldwell Banker Bain
Buyer's Agent
Neil McDaniel
Fred Real Estate Group
List Price
$159,000
Sold Price
$115,000
Premium/Discount to List
-$44,000
-27.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%
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 Type Sale Price Title Company
Warranty Deed $451,000 First American Title
Bargain Sale Deed -- None Available
Warranty Deed $115,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $338,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $451,000 -2.0% $217 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $460,000 +300.0% $221 / Sq Ft
10/31/2012 10/31/12 Sold $115,000 -27.7% $55 / Sq Ft
10/09/2012 10/09/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $159,000 -- $76 / 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 $3,347 $199,890 -- --
2023 $3,103 $194,070 $0 $0
2022 $2,895 $182,940 $0 $0
2021 $2,899 $177,620 $0 $0
2020 $2,751 $177,620 $0 $0
2019 $2,674 $172,450 $0 $0
2018 $2,598 $167,430 $0 $0
2017 $2,522 $162,560 $0 $0
2016 $2,405 $157,830 $0 $0
2015 $2,339 $153,240 $0 $0
2014 $2,270 $148,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 201910225

Oregon Datashare

APN: 106041