NOT LISTED FOR SALE

1278 Sequoia Ave Springfield, OR 97477

West Springfield Neighborhood

Estimated Value: $426,000 - $448,000

3 Beds
2 Baths
1,660 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 20, 2020

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

Est. 33% increase in value since last sale

Current estimated payment $2,714/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

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

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
  • 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

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
$438,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,277
Avg. Annual Appreciation
5.56%
Original Mortgage
$263,200
Outstanding Balance
$232,951
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$205,326

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:

--
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
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $4,912 $267,881 -- --
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

    (541) 554-8233

    94 Total Sales

    Barb Barnard
    Section Image
  • Mike Miller

    Seller's Agent in 2017

    Mike Miller

    RE/MAX

    (541) 954-4454

    75 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

Not Listed for Sale

MultiFamily

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