$1,080,000
SOLD NOV 15, 2024
-- Bed
-- Bath
5,547 Sq Ft
8,973 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

4% Below List Price

52 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 1-Story Property

About This Home

As of November 2024

Well-Maintained Six-Plex in West Eugene. This charming six-plex is located in the heart of West Eugene, offering an excellent investment opportunity. The property boasts a brand-new roof, ensuring peace of mind for years to come. Each unit is a mix of 1 and 2-bedroom units, each with its own unique charm. The property includes separate rented storage units allowing for additional income. Located in an ideal neighborhood, this property is close to schools, parks, shopping, and public transportation.

Last Agent to Sell the Property

Eric Lehouiller

Oregon Choice Group License #201215375 Listed on: 08/01/2024

Last Buyer's Agent

Brian House

Keller Williams The Cooley Real Estate Group License #201220849

Keller Williams The Cooley Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,126

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 159x110
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,547 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Site Parking

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 0486678

Community Details

Overview

  • 6 Units
  • Property managed by Principle Property Management

Building Details

  • Operating Expense $17,998
  • Gross Income $84,333
  • Net Operating Income $66,335

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,126

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1948
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits,Locked
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Gravel, Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OffSite, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Principle Property Management

Schools

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

Lot Info

  • Zoning: S
  • Lot Size: 159x110
  • Parcel #: 0486678

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 10126.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 13.34
  • Annual Gross Income: 84333.0
  • Property Net Operating Income: 66335.0
  • Annual Operating Expense: 17998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Sep 23, 2024
Sold by
Joseph B Potter Bypass Trust and Marilyn Potter Family Trust
Bought by
Baric Services Llc
Seller's Agent
Eric Lehouiller
Oregon Choice Group
Buyer's Agent
Brian House
Keller Williams The Cooley Real Estate Group
List Price
$1,125,000
Sold Price
$1,080,000
Premium/Discount to List
-$45,000
-4%
Views
238
Current Estimated Value
$942,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,067
Avg. Annual Appreciation
-1.99%
Original Mortgage
$756,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,080,000 First American Title
Warranty Deed $1,080,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $756,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $1,080,000 -4.0% $195 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $1,125,000 -- $203 / 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
2023 $10,391 $509,027 $0 $0
2022 $9,734 $494,201 $0 $0
2021 $9,143 $479,807 $0 $0
2020 $9,175 $465,833 $0 $0
2019 $8,861 $452,266 $0 $0
2018 $8,341 $426,305 $0 $0
2017 $7,968 $426,305 $0 $0
2016 $7,407 $413,888 $0 $0
2015 $7,228 $401,833 $0 $0
2014 $7,013 $390,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24447070

Regional Multiple Listing Service (RMLS)

APN: 0486678