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
Est.:
Single Family Residence
Built in 1961
0.42 Acres Lot
$483,300 Zestimate®
$325/sqft
$-- HOA
What's special
- 91 days |
- 498 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: September 24, 2025 at 09:32am
Listed by:
Knightsbridge International 541-312-2113
Source: Oregon Datashare,MLS#: 220209678
Tour with a local agent
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: Public Sewer
- 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: $550,570
- Annual tax amount: $2,861
- Date on market: 9/24/2025
- Cumulative days on market: 91 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$483,300
$459,000 - $507,000
$2,590/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Listed for sale | $499,000$325/sqft |
Source:  Oregon Datashare #220209678 Report a problem | ||
| 6/27/2025 | Listing removed | $499,000$325/sqft |
Source: Oregon Datashare #220184523 Report a problem | ||
| 5/13/2025 | Pending sale | $499,000$325/sqft |
Source: Oregon Datashare #220184523 Report a problem | ||
| 6/13/2024 | Listed for sale | $499,000+487.1%$325/sqft |
Source: Oregon Datashare #220184523 Report a problem | ||
| 9/21/2011 | Sold | $85,000-4.5%$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,862 +7.9% | $170,930 +6.1% |
| 2023 | $2,653 +4% | $161,130 |
| 2022 | $2,552 +2.9% | $161,130 +6.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,794/mo
Principal & interest
$2390
Property taxes
$229
Home insurance
$175
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.
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