Prime Opportunity Zone investment on 0.72 acres (~140ft x 225ft) with complete conceptual office designs for two buildings on separate lots. City of Bend Land Use and Building Permits in progress. High speed fiber internet to site. Great beer and food across the street. Convenient location to downtown with easy access to Hwy 97 in all directions. Zoning allows for a wide range of mixed uses on the site. Also available for lease.
Sold for $1,295,000
$1,295,000
127 NE Underwood Ave, Bend, OR 97701
2beds
0baths
0.72Acres
Commercial
Built in 1924
0.72 Acres Lot
$-- Zestimate®
$--/sqft
$1,682 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,682/mo
Zestimate® history
Owner options
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$1,682/mo
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$1,682/mo
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$6,090/mo
Est. payment
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$6,090/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Property
Lot
- Size: 0.72 Acres
Details
- Parcel number: 171229DA05400
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Phone Available, Cable Available, Natural Gas Available, Fiber Optics Available
Community & HOA
Location
- Region: Bend
Financial & listing details
- Tax assessed value: $1,223,260
- Annual tax amount: $5,973
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2023 | Sold | $1,295,000+44.7% |
Source: Public Record Report a problem | ||
| 1/28/2021 | Sold | $895,000 |
Source: Public Record Report a problem | ||
| 11/9/2020 | Listed for sale | $895,000+8.5% |
Source: | ||
| 9/15/2017 | Sold | $825,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,973 +3.9% | $353,530 +3% |
| 2024 | $5,747 +7.9% | $343,240 +6.1% |
| 2023 | $5,328 +4% | $323,550 |
| 2022 | $5,124 +2.9% | $323,550 +6.1% |
| 2021 | $4,978 | $304,990 |
| 2020 | -- | $304,990 +3.3% |
| 2019 | $4,715 | $295,260 |
| 2018 | $4,715 +2.9% | $295,260 +154.4% |
| 2017 | $4,582 +166.8% | $116,060 +3% |
| 2016 | $1,717 | $112,680 +3% |
| 2015 | $1,717 +6% | $109,400 +3% |
| 2014 | $1,621 | $106,220 +3% |
| 2013 | -- | $103,130 +3% |
| 2012 | -- | $100,130 +3% |
| 2011 | -- | $97,220 +3% |
| 2010 | -- | $94,390 +3% |
| 2009 | -- | $91,650 +3% |
| 2008 | -- | $88,990 +3% |
| 2007 | -- | $86,400 +3% |
| 2006 | -- | $83,890 +3% |
| 2005 | -- | $81,450 |
Find assessor info on the county website
Neighborhood: Orchard District
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Nearby schools
GreatSchools rating
- 8/10Juniper Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Pilot Butte Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Bend Senior High SchoolGrades: 9-12Distance: 1.3 mi
- Oregon
- Deschutes County
- Bend
- 97701
- Orchard District
- 127 NE Underwood Ave