NOT LISTED FOR SALE

1261 Alder St Eugene, OR 97401

Eugene Area
6 Beds
5 Baths
4,460 Sq Ft
1905 Built

Sale Details

Date Sold: August 16, 2021

Last sale price $900,000 $202 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • High Speed Internet
  • Edison Elementary School Rated A-
  • Property is near bus stop
  • 4-minute walk to West University Park

About This Home

As of August 2021

Rare campus 9 Unit apartment building. Ready for value add or redevelopment. Zoned C3, within "Transit Overlay." New electric service and sewer. 7 units currently rented.

Last Agent to Sell the Property

Miriam Bolton

United Real Estate Properties License #941100095 Listed on: 05/03/2021

United Real Estate Properties

Co-Listed By

Douglas Bulski

United Real Estate Properties License #201204012

Last Buyer's Agent

Kelly Ranstad

Hybrid Real Estate License #200305022

Hybrid Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Window Treatments
  • Wood Flooring
  • Fire Escape
  • Range

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Dirt Floor
  • Basement Storage

Lot Details

  • Corner Lot
  • Level Lot

Location

  • Property is near bus stop

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 9 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4460
  • Stories: 3
  • Year Built: 1905
  • Property Condition: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 01200
  • Basement: Dirt Floor, Full Basement, Exterior Entry
  • Storage: Basement

Exterior Features

  • Exterior Description: Shingle Siding, Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Gravel, Paved

Garage/Parking

  • Parking Description: None

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: Cable
  • Security: Fire Escape

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Window Coverings, Wood Floors

Lot Info

  • Lot Description: On Busline, Corner Lot, Level
  • Zoning: C3

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 5715.22
  • Assessor Parcel Number: 283653
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 9
  • Gross Rent Multiplier: 15.21

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2025
Sold by
Hybrids Alder House Llc
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,506,000
Outstanding Balance
$43,025,206
Interest Rate
6.19%
Mortgage Type
Construction

Purchase Details

Listed on
May 3, 2021
Closed on
Aug 12, 2021
Sold by
Mv Prime Properties Llc
Bought by
Hybrids Alder House Llc
Seller's Agent
Miriam Bolton
United Real Estate Properties
Buyer's Agent
Kelly Ranstad
Hybrid Real Estate
List Price
$990,000
Sold Price
$900,000
Premium/Discount to List
-$90,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 30, 2021
Sold by
Moy Mark Teo and Moy Diana Teo
Bought by
Mv Prime 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
$248,397
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2021
Sold by
Moy Victoria Z and Moy Living Trust
Bought by
Moy Mark Teo and Moy Diana Teo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,397
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1999
Sold by
Horizons Am Asia
Bought by
Moy Clarence and Moy Kimwah Teo
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,250,000 None Listed On Document
Hybrids Alder House Llc $900,000 Cascade Title Co
Mv Prime Properties Llc -- None Available
Moy Mark Teo -- None Available
Moy Clarence -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $49,506,000
Previous Owner Hybrids Alder House Llc $500,000
Previous Owner Mv Prime Properties Llc $248,397
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $900,000 -9.1% $202 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $990,000 -- $222 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,554 $336,378
2024 $6,472 $326,581
2023 $6,472 $317,069 $0 $0
2022 $6,063 $307,834 $0 $0
2021 $5,695 $298,868 $0 $0
2020 $5,715 $290,164 $0 $0
2019 $5,520 $281,713 $0 $0
2018 $5,196 $265,542 $0 $0
2017 $4,963 $265,542 $0 $0
2016 $4,840 $257,808 $0 $0
2015 $4,701 $250,299 $0 $0
2014 $4,606 $243,009 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21215665

Regional Multiple Listing Service (RMLS)
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