NOT LISTED FOR SALE

1051 Madison St Eugene, OR 97402

Jefferson Westside Neighborhood

Estimated Value: $411,625 - $557,000

5 Beds
2 Baths
1,708 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 10, 2017

Last sale price $286,000 $167 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,811/month

8 Days on Market

Highlights

  • Wood Flooring
  • Garage
  • 2-minute walk to Lincoln School Playground
  • Parking Storage or Cabinetry
  • Washer and Dryer

About This Home

As of March 2017

Great Opportunity for owner occupant or investment rental property. Hard to find legal duplex in a terrific neighborhood. New Roof in 2015. Great covered patio in the back. Yard has a private feel. Coved ceilings and nice hardwood floors.

Last Agent to Sell the Property

Pamela Kersgaard

Hybrid Real Estate License #200008055 Listed on: 01/20/2017

Hybrid Real Estate

Last Buyer's Agent

Emily Dietz

Hybrid Real Estate License #201208194

Hybrid Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 5,358

Home Design

  • Stucco Exterior

Kitchen

  • Range
  • Microwave

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Additional Features

  • Wood Flooring
  • Washer and Dryer
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1708
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 07600
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Stucco

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Microwave, Range, Washer/Dryer

Lot Info

  • Zoning: MU
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2326.27
  • Assessor Parcel Number: 269231

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.14

MLS Schools

  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle School: Arts & Tech

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Alden Nicholas K
Bought by
Wikander Lawrence G
Current Estimated Value
$492,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Outstanding Balance
$264,467
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$227,689

Purchase Details

Closed on
Nov 6, 2020
Sold by
Alden Nicholas K and Alden Nicholas
Bought by
Alden Nicholas K and Wallace Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 20, 2017
Closed on
Mar 9, 2017
Sold by
Williams David P
Bought by
Alden Nicholas
Seller's Agent
Pamela Kersgaard
Hybrid Real Estate
Buyer's Agent
Emily Dietz
Hybrid Real Estate
List Price
$279,900
Sold Price
$286,000
Premium/Discount to List
$6,100
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$226,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2011
Sold by
New Hope Christian College
Bought by
New Hope International Ministries
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wikander Lawrence G $500,000 Cascade Title
Alden Nicholas K -- Western Title & Escrow
Alden Nicholas $282,500 Cascade Title Company
New Hope International Ministries $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wikander Lawrence G $277,000
Previous Owner Alden Nicholas K $225,000
Previous Owner Alden Nicholas $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2017 03/10/17 Sold $286,000 +2.2% $167 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $279,900 +64.7% $164 / Sq Ft
12/06/2013 12/06/13 Sold $169,900 0.0% $99 / Sq Ft View Prior Sale
10/19/2013 10/19/13 Pending -- -- --
10/19/2013 10/19/13 For Sale $169,900 -- $99 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $3,150 $161,681 -- --
2024 $3,111 $156,972 -- --
2023 $3,111 $152,400 $0 $0
2022 $2,914 $147,962 $0 $0
2021 $2,737 $143,653 $0 $0
2020 $2,747 $139,469 $0 $0
2019 $2,653 $135,407 $0 $0
2018 $2,497 $127,635 $0 $0
2017 $2,386 $127,635 $0 $0
2016 $2,326 $123,917 $0 $0
2015 $2,260 $120,308 $0 $0
2014 $2,214 $116,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Kersgaard

    Seller's Agent in 2017

    Pamela Kersgaard

    Hybrid Real Estate

    (541) 343-0322

    3 in this area

    44 Total Sales

    Pamela Kersgaard
    Section Image
  • Emily Dietz

    Buyer's Agent in 2017

    Emily Dietz

    Hybrid Real Estate

    (541) 729-1396

    38 Total Sales

    Emily Dietz
    Section Image
  • Brita Arcuri

    Seller's Agent in 2013

    Brita Arcuri

    DC Real Estate Inc

    (541) 517-6645

    74 Total Sales

    Brita Arcuri
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17388487

Regional Multiple Listing Service (RMLS)

APN: 0269231

Oregon Lane County Eugene 97402 Jefferson Westside

1051 Madison St, Eugene, OR

Not Listed for Sale

MultiFamily

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