NOT LISTED FOR SALE

1278 Sequoia Ave Springfield, OR 97477

West Springfield Neighborhood

Estimated Value: $424,000 - $531,000

3 Beds
2 Baths
1,660 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $329,000 $198 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,852/month

8 Days on Market

Highlights

  • Corner Lot
  • Air Conditioning
  • Wood Siding
  • Fireplace
  • Parking Storage or Cabinetry
  • 3-minute walk to Heron Playground

About This Home

As of August 2020

Excellent opportunity! Well-maintained corner duplex in a convenient location, close to schools, parks, shopping, and bus lines. Fully occupied with great tenants who would like to stay. 1280 is the main floor unit with 2 bedrooms 1 bath and has new kitchen flooring, new carpet, new appliances, and includes washer & dryer. 1278 is the upper unit and has 1 bedroom 1 bath with laundry hook-ups. Both have ductless heat pumps for heat & AC, garages, and ample parking. Please do not disturb tenants.

Last Agent to Sell the Property

Barb Barnard

Windermere RE Lane County License #200212134 Listed on: 07/07/2020

Windermere RE Lane County

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,833

Year Built

  • Built in 1977

Lot Details

  • Corner Lot

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Open Parking

Utilities

  • Air Conditioning
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,833

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1660
  • Stories: 2
  • Year Built: 1977
  • Remarks Public: Excellent opportunity! Well-maintained corner duplex in a convenient location, close to schools, parks, shopping, and bus lines. Fully occupied with great tenants who would like to stay. 1280 is the main floor unit with 2 bedrooms 1 bath and has new kitchen flooring, new carpet, new appliances, and includes washer & dryer. 1278 is the upper unit and has 1 bedroom 1 bath with laundry hook-ups. Both have ductless heat pumps for heat & AC, garages, and ample parking. Please do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 02904
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Fireplace, Range, Air Conditioning

Schools

  • Elementary School: Centennial
  • Middle School: Hamlin
  • High School: Springfield

Lot Info

  • Lot Description: Corner Lot
  • Zoning: LD
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4138.93
  • Assessor Parcel Number: 233575
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.47

MLS Schools

  • Elementary School: Centennial
  • High School: Springfield
  • Middle School: Hamlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 14, 2020
Sold by
Scheetz Jenny L
Bought by
Harms Erica L
Seller's Agent
Barb Barnard
Windermere RE Lane County
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$463,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,824
Avg. Annual Appreciation
6.27%
Original Mortgage
$263,200
Outstanding Balance
$234,002
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$214,537

Purchase Details

Listed on
Nov 4, 2016
Closed on
Mar 13, 2017
Sold by
Crane Marvin L
Bought by
Scheetz Jenny L
Seller's Agent
Mike Miller
RE/MAX Integrity
Buyer's Agent
Barb Barnard
Windermere RE Lane County
List Price
$259,900
Sold Price
$262,000
Premium/Discount to List
$2,100
0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$262,000
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Harms Erica L $329,000 Cascade Title Co
Scheetz Jenny L $262,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harms Erica L $263,200
Previous Owner Scheetz Jenny L $262,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $329,000 0.0% $198 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $329,000 +25.6% $198 / Sq Ft
03/13/2017 03/13/17 Sold $262,000 +0.8% $158 / Sq Ft
02/09/2017 02/09/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $259,900 -- $157 / 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 $4,833 $260,079 -- --
2023 $4,833 $252,504 $0 $0
2022 $4,476 $245,150 $0 $0
2021 $4,396 $238,010 $0 $0
2020 $4,267 $231,078 $0 $0
2019 $4,139 $224,348 $0 $0
2018 $3,902 $211,470 $0 $0
2017 $3,727 $211,470 $0 $0
2016 $3,642 $205,311 $0 $0
2015 $3,567 $199,331 $0 $0
2014 $3,509 $193,525 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barb Barnard

    Seller's Agent in 2020

    Barb Barnard

    Windermere RE Lane County

    (360) 943-7839

    95 Total Sales

    Barb Barnard
    Section Image
  • Mike Miller

    Seller's Agent in 2017

    Mike Miller

    RE/MAX

    (541) 954-4454

    74 Total Sales

    Mike Miller
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20225992

Regional Multiple Listing Service (RMLS)

APN: 0233575

Oregon Lane County Springfield 97477 West Springfield

1278 Sequoia Ave, Springfield, OR

This home is located at 1278 Sequoia Ave, Springfield, OR 97477 since 07 July 2020 and is currently estimated at $463,824, approximately $279 per square foot. This property was built in 1977. 1278 Sequoia Ave is a home located in Lane County with nearby schools including Centennial Elementary School, Hamlin Middle School, and Springfield High School.

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