2251 SW Timber Ave Redmond, OR 97756
Highlights
- Deck
- Contemporary Architecture
- Attached Garage
- Sage Elementary School Rated A-
- No HOA
- Double Pane Windows
About This Home
As of November 2024Back on the market, no fault to property, buyer unable to perform. Both Quadruplexes (2251 & 2261) owner leases all rooms to their aviation students. Property will be vacant at close of escrow, however, single tenant wishes to remain and is willing to execute new lease if desired. Quality built, well-maintained quadraplexes. These properties have all the amenities. Cozy gas fireplaces in living rooms, kitchens come with range/oven, microwave, refrigerator and dishwasher. Each unit has a patio with landscaping and sprinkler system. High income-producing, great investment! Can be sold together with 2261-2267 SW Timber Ave. (Map/Tax Lot 151320DA01509).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,779
Year Built
- Built in 2006
Lot Details
- 0.28 Acre Lot
- Two or More Common Walls
- Fenced
- Landscaped
- Backyard Sprinklers
Home Design
- Quadruplex
- Contemporary Architecture
- Stem Wall Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Double Pane Windows
- Vinyl Clad Windows
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Laundry
- Dryer
- Washer
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Attached Garage
- Shared Driveway
Outdoor Features
- Deck
- Patio
Schools
- Sage Elementary School
- Obsidian Middle School
- Ridgeview High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Water Heater
Community Details
- No Home Owners Association
- 4 Units
- Timber Acres Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 252525
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/13/2024 11/13/24 | Sold | $999,999 | 0.0% | $189 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 09/23/2024 09/23/24 | For Sale | $999,999 | -12.1% | $189 / Sq Ft |
| 12/01/2017 12/01/17 | Sold | $1,138,000 | 0.0% | $136 / Sq Ft |
| 12/01/2017 12/01/17 | Sold | $1,138,000 | 0.0% | $136 / Sq Ft |
| 12/01/2017 12/01/17 | Pending | -- | -- | -- |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- |
| 05/24/2017 05/24/17 | For Sale | $1,138,000 | 0.0% | $136 / Sq Ft |
| 04/28/2017 04/28/17 | For Sale | $1,138,000 | -- | $136 / Sq Ft |
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 | $7,088 | $351,800 | -- | -- |
| 2023 | $6,779 | $341,560 | $0 | $0 |
| 2022 | $6,163 | $321,970 | $0 | $0 |
| 2021 | $5,959 | $312,600 | $0 | $0 |
| 2020 | $5,690 | $312,600 | $0 | $0 |
| 2019 | $5,441 | $303,500 | $0 | $0 |
| 2018 | $5,116 | $284,110 | $0 | $0 |
| 2017 | $4,994 | $275,840 | $0 | $0 |
| 2016 | $4,925 | $267,810 | $0 | $0 |
| 2015 | $4,775 | $260,010 | $0 | $0 |
| 2014 | $4,649 | $252,440 | $0 | $0 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $724,124 | New Conventional | |
| Closed | $724,124 | New Conventional | |
| Previous Owner | $796,600 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $448,000 | Unknown | |
| Previous Owner | $438,500 | Fannie Mae Freddie Mac |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $999,999 | Deschutes Title | |
| Warranty Deed | $999,999 | Deschutes Title |
Source: Southern Oregon MLS
MLS Number: 220190319
APN: 252525
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