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$849,999   Price Analysis
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1649 NE Lotus Dr Units 1 & 2
Bend, OR 97701
6 bed 4 bath 2,842 SqFt ($299/SqFt)
4,356SqFt lot. Built 2003
Listed 2024-05-04, HOA $92, Taxes $4,816		Ⓧ USDA Ineligible
due to price & location
near Bend

Turn-key investment opportunity!

This is a well-maintained and professionally managed duplex near Pilot Butte in NE Bend. Built in 2003, each 1400 square foot unit has 3 bedrooms, 2 bathrooms over two levels. Single car garages with openers, private and fenced back yards with sprinklers, extra parking and mature landscaping are all big bonuses that appeal to tenants.

Both units are currently leased. Perfect for investors looking to add a turnkey rental property to their portfolio or somone looking to househack. Close to trails, Pilot Butte, grocery stores and St. Charles hospital. Don't miss out - schedule a viewing today!


Presented by Sarah Lynch Willis at
Realty One Group Discovery.


Property MLS #220181893 from CentralOregon

Bedrooms: 6

Breakfast Bar
Enclosed Toilet(s)
Laminate Counters
Linen Closet
Open Floorplan
Shower/Tub Combo
Walk-In Closet(s)
Flooring: Carpet, Vinyl
Window Features: Vinyl Frames

Cooktop
Dishwasher
Microwave
Range
Range Hood
Refrigerator
Water Heater

Full Bathrooms: 4

Heating Features: Electric

Additional Parcels: No
Lot Size Acres: 0.1
Lot Size Dimensions: 50
Lot Size Square Feet: 4356

Road Frontage Type: Shared Access
Road Surface Type: Paved

Garage Spaces: 2
Parking Features: Attached, Driveway, Garage Door Opener, On Street

View: Neighborhood, Territorial
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Association: Yes
Association Fee: 275
Association Fee Frequency: Quarterly
Calculated Total Monthly Association Fees: 92

Elementary School: Juniper Elem
High School: Bend Sr High
Middle School: Pilot Butte Middle

Pilot Butte Middle School is a public middle school located approximately 0.4 miles away.
directions icon Map directions

Juniper Elementary School is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

Bend Senior High School is a public high school located approximately 1.3 miles away.
directions icon Map directions

St. Francis of Assisi School is a private elementary and middle school located approximately 1 miles away.
directions icon Map directions

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Unit-1 Description: Sewer, Water
Unit-2 Description: Sewer, Water
Unit-1 Square Feet: 1400
Unit-2 Square Feet: 1400
Unit 1 Total Actual Rent: 1705.00
Unit 2 Total Actual Rent: 1555.00

Annual Tax Amount: 5162.63
Source Listing Status: Active
County: Deschutes
Cross Street: NE Purcell
Tax Year: 2023
Source Property Type: Residential Income
Exclusions: Tenant owned washer/dryer
Inclusions: ranges, dishwashers, fridges, microhoods
Source Neighborhood: Pines At Pilot Butte
Parcel Number: 207856
Subdivision: Pines At Pilot Butte
Zoning: RM
Property Features: Fenced, Landscaped, Native Plants, Sprinklers In Front
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$unknown + $unknown
$313,530		$4,816
2021$unknown + $unknown
$304,400		$4,824
2020$unknown + $unknown
$295,540		$4,576
2019$unknown + $unknown
$286,940		$4,449
2018$unknown + $unknown
$278,590		$4,323
2017$unknown + $unknown
$270,480		$4,196
2016$unknown + $unknown
$262,610		$4,002
2015$unknown + $unknown
$254,970		$3,891
2014$unknown + $unknown
$247,550		$3,777
2013$unknown + $unknown
$177,050		$2,608
2012$unknown + $unknown
$168,980		$2,488
2011$unknown + $unknown
$193,560		$2,872
2010$unknown + $unknown
$220,840		$3,330
2009$unknown + $unknown
$240,340		$3,683
2008$unknown + $unknown
$233,340		$3,559
2007$unknown + $unknown
$226,550		$3,391

Listed 2024-05-04
$849,999
CentralOregon
Sold 2014-05-12
$168,000
Public Record
Listing removed 2011-09-06
$166,500
CentralOregon
Sold 2011-08-31
$168,000
Public Record
Relisted 2011-08-31
$166,500
CentralOregon
Listing removed 2011-08-16
$166,500
CentralOregon
Relisted 2011-07-27
$166,500
CentralOregon
Listing removed 2011-07-12
$166,500
CentralOregon
Listed 2011-06-20
$166,500
CentralOregon
Listing removed 2010-10-01
$270,000
CentralOregon
Price Changed 2010-06-27
$270,000
CentralOregon
Listed 2009-06-17
$287,500
CentralOregon
Sold 2007-11-26
$299,000
Public Record
Sold 2003-12-12
$255,000
Public Record
Sold 2002-11-25
$60,000
Public Record

Year Built: 2003
Building Area Source: Assessor
Building Area Total: 2842
Building Area Units: Square Feet
Common Walls: 1 Common Wall
Construction Materials: Frame
Foundation Details: Stemwall
Levels: Two
Property Age: 21
Roof: Composition
Architectural Style: Northwest, Traditional

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.