NOT LISTED FOR SALE

Bend, OR 97701

Mountain View Neighborhood

Estimated Value: $1,184,000 - $1,239,217

8 Beds
8 Baths
4,578 Sq Ft
$265/Sq Ft Est. Value

Sale Details

Date Sold: March 6, 2013

Last sale price $400,000 $87 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $7,204 / mo

27 Days on Market

Highlights

  • Northwest Architecture
  • Juniper Elementary School Rated A-
  • 3-minute walk to Larkspur Trail

About This Home

As of March 2013

Backing up to Pilot Butte State Park, this 1999 built fourplex has excellent income potential. Each unit boasts 2BD, 2.5BA, kitchen, dining room, living room, fireplace, utility room and a single car garage.*Rents entered are an average of the total monthly rent provided by the seller.

Last Agent to Sell the Property

Brian Fratzke

Fratzke Commercial R.E. Advisors License #200402169 Listed on: 12/17/2012

Co-Listed By

Jeff Reed

NAI Cascade License #200701299

Last Buyer's Agent

Erika Morris

HomeSmart Realty Pros License #200002237

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,261

Year Built

  • Built in 1999

Lot Details

  • 0.27

Home Design

  • Quadruplex
  • Northwest Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Additional Features

  • 2-Story Property
  • 11,761 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 195729

Community Details

Overview

  • 4 Units
  • Pilot Butte Park Est Subdivision

Building Details

  • Gross Income $33,851
  • Net Operating Income $22,693

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,261

Year Built

Built in 1999

Lot Details

0.27 Acres

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 0.27
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subdivision Name: Pilot Butte Park Est
  • Year Built: 1999
  • Total Gross Income: 33851.0
  • Co List Office Mls Id: ocFRATPM
  • Co List Office Phone: 541-306-4948
  • Co List Office Phone: 541-306-4948
  • MLS Status: Closed
  • Special Features: None

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 8

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Roof: Composition

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 195729
  • ResoLotSizeUnits: Acres
  • Zoning Description: RM

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 22693.0
  • Annual Operating Expense: 11158.0

Tax Info

  • Tax Annual Amount: 4261.0
  • Tax Block: 0
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2012
Closed on
Mar 6, 2013
Sold by
Cocc Foundation Property Llc
Bought by
Kenny Kevin J and Kenny Debra L
Seller's Agent
Brian Fratzke
Fratzke Commercial R.E. Advisors
Buyer's Agent
Erika Morris
HomeSmart Realty Pros
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Current Estimated Value
$1,214,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,072
Avg. Annual Appreciation
8.87%
Original Mortgage
$200,000
Outstanding Balance
$139,255
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,074,817

Purchase Details

Closed on
Jan 12, 2012
Sold by
1952 Ne Zachary Court Llc
Bought by
Central Oregon Community College Foundat

Purchase Details

Closed on
Jan 11, 2012
Sold by
Central Oregon Community College Foundat
Bought by
Cocc Foundation Property Llc

Purchase Details

Closed on
Jun 3, 2009
Sold by
Mason Carol Rava
Bought by
1952 Ne Zachary Court Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kenny Kevin J $400,000 Amerititle
Central Oregon Community College Foundat -- Amerititle
Cocc Foundation Property Llc -- Accommodation
1952 Ne Zachary Court Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenny Kevin J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2013 03/06/13 Sold $400,000 -5.9% $87 / Sq Ft
01/10/2013 01/10/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $425,000 -- $93 / 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 $7,991 $472,960 -- --
2024 $7,688 $459,190 -- --
2023 $7,127 $445,820 $0 $0
2022 $6,650 $420,240 $0 $0
2021 $6,660 $408,000 $0 $0
2020 $6,318 $408,000 $0 $0
2019 $6,142 $396,120 $0 $0
2018 $5,969 $384,590 $0 $0
2017 $5,794 $373,390 $0 $0
2016 $5,525 $362,520 $0 $0
2015 $5,372 $351,970 $0 $0
2014 $5,214 $341,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Brian Fratzke

    Fratzke Commercial R.E. Advisors

    Section Image
  • Jeff Reed

    Seller Co-Listing Agent in 2013

    Jeff Reed

    NAI Cascade

    (541) 280-7068

    11 Total Sales

    Jeff Reed
    Section Image

  • E

    Buyer's Agent in 2013

    Erika Morris

    HomeSmart Realty Pros

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Source: Oregon Datashare

MLS Number: 201209409

Oregon Datashare

APN: 195729

Oregon Deschutes County Bend 97701

Mountain View

Not Listed for Sale

MultiFamily

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