NOT LISTED FOR SALE

Estimated Value: $451,555 - $546,000

4 Beds
2 Baths
1,638 Sq Ft
$311/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $505,000 $308 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,931/month

61 Days on Market

Highlights

  • Territorial View
  • Baseboard Heating
  • Level Lot
  • Sage Elementary School Rated A-

About This Home

As of May 2023

Great Potential Investment / Owner/Renter Opportunity - upgraded duplex in SW Redmond, new wood laminate flooring, new kitchen cabinets, newer roof. .34 Acre lot, two storage units, with potential to add an extra unit/ADU, 2nd driveway already cut in sidewalk. RV parking and additional parking areas, workbench in one garage, inside washer/dryer and refrigerator included in both units plus all window coverings. Great location, super huge lot, planter boxes, back fencing.

Last Agent to Sell the Property

Lynnea Miller

Bend Premier Real Estate License #200009031 Listed on: 02/22/2023

Bend Premier Real Estate

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 1969

Lot Details

  • 0.34

Schools

  • Sage Elementary School
  • Obsidian Middle School
  • Ridgeview High School

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Territorial Views
  • Level Lot

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 124675

Community Details

Overview

  • 481 Units

Building Details

  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,722

Year Built

Built in 1969

Lot Details

0.34 Acres

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1969
  • Property Attached Yn: No
  • Current Price For Status: 505000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: Level
  • View: Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sage
  • High School: Ridgeview
  • Middle Or Junior School: Obsidian

Lot Info

  • Zoning: r3
  • Parcel #: 124675

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2721.9

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 481
  • Gross Rent Multiplier: 535000.0
  • Annual Gross Income: 1.0
  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
May 23, 2023
Sold by
Heinz Thomas E
Bought by
Burch Nicholas A and Burch Jamie L
Seller's Agent
Lynnea Miller
Bend Premier Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$535,000
Sold Price
$505,000
Premium/Discount to List
-$30,000
-5.61%
Current Estimated Value
$509,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,389
Avg. Annual Appreciation
0.31%
Original Mortgage
$353,500
Outstanding Balance
$343,067
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$166,322

Purchase Details

Closed on
May 29, 2013
Sold by
Heinz Christine J and Pace Haley Christine
Bought by
Heinz Thomas E

Purchase Details

Closed on
Jan 17, 2008
Sold by
Heinz Thomas E
Bought by
Heinz Thomas E and Heinz Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records
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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
Burch Nicholas A $505,000 Western Title
Heinz Thomas E -- Accommodation
Heinz Thomas E -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burch Nicholas A $353,500
Previous Owner Heinz Thomas E $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $505,000 -5.6% $308 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $535,000 -- $327 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,375 $165,520 -- --
2024 $3,238 $160,700 -- --
2023 $3,096 $156,020 $0 $0
2022 $2,815 $147,070 $0 $0
2021 $2,722 $142,790 $0 $0
2020 $2,599 $142,790 $0 $0
2019 $2,486 $138,640 $0 $0
2018 $2,424 $134,610 $0 $0
2017 $2,366 $130,690 $0 $0
2016 $2,334 $126,890 $0 $0
2015 $2,262 $123,200 $0 $0
2014 $2,203 $119,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23291985

Regional Multiple Listing Service (RMLS)

APN: 124675

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