Calling all creative real estate investing minds! Great investment opportunity right on Reed Market Rd! Home is being sold ''As-Is'', and is in need of renovations. It does have a new roof (2022). Great value in the land alone. Has potential to be developed. New development going in all around. Property backs up to Canal.
Active
$499,000
615 SE Reed Market Rd, Bend, OR 97702
3beds
2baths
1,536sqft
Single Family Residence
Built in 1961
0.42 Acres Lot
$483,100 Zestimate®
$325/sqft
$-- HOA
What's special
- 264 days |
- 388 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Knightsbridge International 541-312-2113
Source: Oregon Datashare,MLS#: 220209678
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Wood
Cooling
- None
Appliances
- Included: Dryer, Oven, Refrigerator, Washer
Features
- Primary Downstairs, Shower/Tub Combo
- Flooring: Carpet, Hardwood, Vinyl
- Basement: None
- Has fireplace: Yes
- Fireplace features: Family Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,536
- Total interior livable area: 1,536 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.42 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 119573
- Zoning description: RM
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Unknown
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Bend
Financial & listing details
- Price per square foot: $325/sqft
- Tax assessed value: $558,540
- Annual tax amount: $2,861
- Date on market: 9/24/2025
- Cumulative days on market: 264 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$483,100
$459,000 - $507,000
$2,930/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Listed for sale | $499,000$325/sqft |
Source: | ||
| 6/27/2025 | Listing removed | $499,000$325/sqft |
Source: | ||
| 5/13/2025 | Pending sale | $499,000$325/sqft |
Source: | ||
| 6/13/2024 | Listed for sale | $499,000+487.1%$325/sqft |
Source: | ||
| 9/21/2011 | Sold | $85,000-4.5%$55/sqft |
Source: Public Record Report a problem | ||
| 7/28/2011 | Price change | $89,000-10.1%$58/sqft |
Source: John L Scott Real Estate #201105228 Report a problem | ||
| 6/25/2011 | Listed for sale | $99,000-5.7%$64/sqft |
Source: John L Scott Redmond #201105228 Report a problem | ||
| 12/31/2008 | Sold | $105,000-29.3%$68/sqft |
Source: Public Record Report a problem | ||
| 8/27/2008 | Sold | $148,500-30.6%$97/sqft |
Source: Public Record Report a problem | ||
| 5/17/2008 | Listing removed | $214,000$139/sqft |
Source: Coldwell Banker** #2800669 Report a problem | ||
| 2/26/2008 | Listed for sale | $214,000+32.5%$139/sqft |
Source: RealBird #2800669 Report a problem | ||
| 2/11/2005 | Sold | $161,500$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,975 +3.9% | $176,050 +3% |
| 2024 | $2,862 +7.9% | $170,930 +6.1% |
| 2023 | $2,653 +4% | $161,130 |
| 2022 | $2,552 +2.9% | $161,130 +6.1% |
| 2021 | $2,479 | $151,890 |
| 2020 | -- | $151,890 +6.1% |
| 2019 | $2,287 | $143,180 |
| 2018 | $2,287 +2.9% | $143,180 +3% |
| 2017 | $2,222 +8% | $139,010 +3% |
| 2016 | $2,057 | $134,970 +3% |
| 2015 | $2,057 +6% | $131,040 +3% |
| 2014 | $1,941 | $127,227 +20.1% |
| 2013 | -- | $105,935 |
| 2012 | -- | $105,935 -14.9% |
| 2011 | -- | $124,510 +3% |
| 2010 | -- | $120,890 +3% |
| 2009 | -- | $117,370 +3% |
| 2008 | -- | $113,960 +3% |
| 2007 | -- | $110,650 +3% |
| 2006 | -- | $107,430 +3% |
| 2005 | -- | $104,310 -15% |
| 2002 | -- | $122,725 +9.3% |
| 2001 | -- | $112,285 +8.4% |
| 2000 | -- | $103,540 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Old Farm District
Nearby schools
GreatSchools rating
- 6/10Silver Rail Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10High Desert Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Bend Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Bear Creek Elem
- Middle: High Desert Middle
- High: Bend Sr High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Deschutes County
- Bend
- 97702
- Old Farm District
- 615 SE Reed Market Rd





