NOT LISTED FOR SALE

1242 E 23rd Ave Eugene, OR 97403

South University Neighborhood

Estimated Value: $641,000 - $669,000

3 Beds
2 Baths
2,336 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $633,000 $271 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,909/month

Highlights

  • Washer and Dryer
  • High Speed Internet
  • 3-minute walk to University Park
  • Edison Elementary School Rated A-
  • Level Lot

About This Home

As of August 2021

Rare investment opportunity to own a duplex in a prime campus location. Sitting between University park and Edison Elementary, this is a beautiful, well-kept street. Each unit is 3/2 with indoor laundry, it's own outdoor space (deck and patio) and off-street parking. Updates include laminate flooring, kitchen cabinets, appliances, and newer roof. Current leases = $3590/month.

Last Agent to Sell the Property

Leah Hyland

Windermere RE Lane County License #200706042 Listed on: 05/13/2021

Windermere RE Lane County

Last Buyer's Agent

Shannon Reilly

Redfin License #201209718

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,423

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • Level Lot

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Apartment Living Space in Basement
  • Range
  • Washer and Dryer

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,423

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2336
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Updated/Remodeled
  • Remarks Public: Rare investment opportunity to own a duplex in a prime campus location. Sitting between University park and Edison Elementary, this is a beautiful, well-kept street. Each unit is 3/2 with indoor laundry, it's own outdoor space (deck and patio) and off-street parking. Updates include laminate flooring, kitchen cabinets, appliances, and newer roof. Current leases = $3590/month.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 11200
  • Basement: Separate Living Quarters/Apartment/Aux Living Unit

Exterior Features

  • Exterior Description: Shake Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab
  • Road Surface: Gravel, Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Internet Service Type: Cable

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer, Window Coverings

Schools

  • Elementary School: Edison
  • Middle School: Roosevelt
  • High School: South Eugene

Lot Info

  • Lot Description: Level
  • Zoning: R1

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Amount: 4788.18
  • Assessor Parcel Number: 596682
  • Tax Year: 2020

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.60

MLS Schools

  • Elementary School: Edison
  • High School: South Eugene
  • Middle School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Aug 18, 2021
Sold by
Robert Calvin Properties Llc
Bought by
Schofield Trina
Seller's Agent
Leah Hyland
Windermere RE Lane County
Buyer's Agent
Shannon Reilly
Redfin
List Price
$629,000
Sold Price
$633,000
Premium/Discount to List
$4,000
0.64%
Current Estimated Value
$654,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,609
Avg. Annual Appreciation
1.75%
Original Mortgage
$474,750
Outstanding Balance
$431,342
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$248,421

Purchase Details

Closed on
Mar 17, 2014
Sold by
Hansen T Dean and Hansen Patricia S
Bought by
Robert Calvin Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2003
Sold by
Callouette Weise Ira L and Callouette Weise Sherry
Bought by
Hansen T Dean and Hansen Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
6.14%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Schofield Trina $633,000 Western Title & Escrow
Robert Calvin Properties Llc -- Western Title & Escrow Co
Hansen T Dean $237,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schofield Trina $474,750
Previous Owner Robert Calvin Properties Llc $348,000
Previous Owner Hansen T Dean $177,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $633,000 +0.6% $271 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $629,000 -0.6% $269 / Sq Ft
06/08/2021 06/08/21 Off Market $633,000 -- --
05/28/2021 05/28/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $629,000 0.0% $269 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $629,000 -- $269 / 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
2024 $5,423 $273,607 -- --
2023 $5,423 $265,638 $0 $0
2022 $5,080 $257,901 $0 $0
2021 $4,771 $250,390 $0 $0
2020 $4,788 $243,098 $0 $0
2019 $4,624 $236,018 $0 $0
2018 $4,353 $222,470 $0 $0
2017 $4,158 $222,470 $0 $0
2016 $4,055 $215,990 $0 $0
2015 $3,938 $209,699 $0 $0
2014 $3,859 $203,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leah Hyland

    Seller's Agent in 2021

    Leah Hyland

    Windermere RE Lane County

    (541) 729-2656

    3 in this area

    113 Total Sales

    Leah Hyland
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21019857

Regional Multiple Listing Service (RMLS)

APN: 0596682

Oregon Lane County Eugene 97403 South University

1242 E 23rd Ave, Eugene, OR

This home is located at 1242 E 23rd Ave, Eugene, OR 97403 since 13 May 2021 and is currently estimated at $654,609, approximately $280 per square foot. This property was built in 1948. 1242 E 23rd Ave is a home located in Lane County with nearby schools including Edison Elementary School, Roosevelt Middle School, and South Eugene High School.

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