$1,150,000
SOLD FEB 4, 2025

1949 SW Timber Ave Redmond, OR 97756

-- Bed
-- Bath
8,928 Sq Ft
0.8 Acres

Recently Sold

$129 Per Sq Ft

1 Day on Market

Highlights

  • City View
  • Contemporary Architecture
  • Central Air
  • Sage Elementary School Rated A-
  • No HOA
  • 2-minute walk to Raprd Activity Center

About This Home

As of February 2025

Lowest priced livable 8-plex in Central Oregon with additional developable land. Amazing rental history. Lease rates are severely below market. No showing without accepted offer. Buyer to do own diligence regarding development potential.

Last Agent to Sell the Property

Corey Charon

Cascade Hasson SIR License #201205074

Cascade Hasson SIR

Last Buyer's Agent

Jerry Papenheim

Papenheim Properties License #201231397

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,783

Year Built

  • Built in 1991

Lot Details

  • 0.8 Acre Lot
  • 1 Common Wall
  • Two or More Common Walls
  • Level Lot

Property Views

  • City
  • Mountain

Home Design

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

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows
  • Carpet

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Schools

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

Utilities

  • Central Air
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 8 Units
  • Timber Acres Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 161644

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,783

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Lot Size Acres: 0.8
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: Timber Acres
  • Year Built: 1991
  • Co List Office Phone: 541-383-7600
  • MLS Status: Closed
  • ResoBuildingAreaSource: Appraiser
  • General Property Information:Zoning2: R5
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • View:City3: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Refrigerator
  • Has Basement: None
  • Flooring: Carpet
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Level
  • Roof: Composition
  • View: Cascade Mountains, City
  • Exclusions: Tenants personal property
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 34848.0
  • Parcel #: 161644
  • ResoLotSizeUnits: Acres
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 12783.2
  • Tax Map Number: 151320DA01900
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
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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
02/04/2025 02/04/25 Sold $1,150,000 0.0% $129 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
01/05/2025 01/05/25 For Sale $1,150,000 -- $129 / Sq Ft
Source: Southern Oregon MLS

Source: Southern Oregon MLS

MLS Number: 220194121

Southern Oregon MLS