NOT LISTED FOR SALE
3 Beds
2 Baths
31,096 Sq Ft
80,150 Sq Ft Lot

Sale Details

Date Sold: October 22, 2015

Last sale price $3,250,000 $105 Per Sq Ft

63 Days on Market

Highlights

  • 1.84 Acre Lot
  • Clubhouse
  • Northwest Architecture
  • John Tuck Elementary School Rated 9+
  • Deck
  • Patio

About This Home

As of October 2015

Cottonwood Place, a senior housing community. Unique opportunity to own this pride of ownership apartment complex in Redmond. All apartments feature washers, dryers, fireplaces, patios and air conditioning. Separate community room serves as a gathering place for the residents, and includes a kitchen, restrooms and manager's office. Conveniently located near the hospital and just blocks from town. Call Holly Polis at The Pennbrook Company for additional information and financial package.

Last Agent to Sell the Property

Holly Molloy

Holly Molloy Properties License #930600314 Listed on: 06/28/2015

Last Buyer's Agent

Non Member

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $42,395

Year Built

  • Built in 2004

Lot Details

  • 1.84 Acre Lot
  • Landscaped

Home Design

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

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Exclusions: all personal property belonging to tenan
  • Tax Lot Parcel 1
  • Assessor Parcel Number 122622

Community Details

Building Details

  • Gross Income $345,595
  • Net Operating Income $172,167

Additional Features

  • 40 Units
  • Clubhouse

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$42,395

Year Built

Built in 2004

Lot Details

1.84 Acres

Listing Details

  • Architectural Style: Northwest
  • Unit Levels: Two
  • Lot Size Acres: 1.84
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Year Built: 2004
  • Total Gross Income: 345595.0
  • Co List Office Phone: 541-617-3443
  • Outside Inclusions: refrigerators, washers, dryers,; community room furnishings
  • MLS Status: Closed
  • General Property Information Estimated Completion Date: 2004-06-28
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Flooring: Carpet, Vinyl
  • Fireplace: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped
  • Roof: Composition
  • Exclusions: all personal property belonging to tenan
  • Patio And Porch Features: Deck, Patio

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse

Lot Info

  • Lot Size Sq Ft: 80150.4
  • Parcel #: 122622
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5

Multi Family

  • Number Of Units Total: 40
  • Net Operating Income: 172167.0
  • Annual Operating Expense: 168245.0

Tax Info

  • Tax Annual Amount: 42395.0
  • Tax Block: 0
  • Tax Lot: Parcel 1
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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 List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $3,250,000 -7.1% $105 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $3,500,000 -- $113 / 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 $66,325 $3,252,860 -- --
2024 $63,632 $3,158,120 -- --
2023 $60,852 $3,066,140 $0 $0
2022 $55,320 $2,890,140 $0 $0
2021 $53,490 $2,805,970 $0 $0
2020 $51,072 $2,805,970 $0 $0
2019 $48,840 $2,724,250 $0 $0
2018 $47,623 $2,644,910 $0 $0
2017 $46,491 $2,567,880 $0 $0
2016 $45,848 $2,493,090 $0 $0
2015 $44,404 $2,420,480 $0 $0
2014 $42,396 $2,349,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Oregon Datashare

MLS Number: 201506431

Oregon Datashare
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