1281 Highway 99 N Eugene, OR 97402
Trainsong NeighborhoodEstimated payment $5,949/month
Highlights
- Pond View
- 2.53 Acre Lot
- Wooded Lot
- Waterfront
- Pond
- No HOA
About This Home
Two lots sold together (MLS#22057606)- horseshoe shaped lots around Budget Lodge (not included). Overhead drone photos are from 2022. Lots include large open space for potential additional dwellings - buyer to verify. Large pond with possibility to fill in for additional land space - buyer to verify with city, but city said it was possible in 2022. 5 houses & 1 commercial building. Large 4 bedroom, 2 bath home; two 1 bedroom, 1 bath homes; two 2 bedroom, 1 bath homes; and a vacant commercial building. There was at one time a home between the large house and the smaller homes - some utilities should still be there. Homes are rented month-to-month. Deferred maintenance in all units. Showing of commercial space and large home by appointment only. Showings of 4 occupied homes only with an accepted offer. DO NOT DISTURB TENANTS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,824
Year Built
- Built in 1946
Lot Details
- 2.53 Acre Lot
- Waterfront
- Level Lot
- Wooded Lot
- Landscaped with Trees
Home Design
- Fixer Upper
- Slab Foundation
- Composition Roof
- Membrane Roofing
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Pond Views
- Crawl Space
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Parking
- Garage
- Open Parking
Outdoor Features
- Pond
Schools
- Malabon Elementary School
- Cascade Middle School
- Willamette High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0424364
Community Details
Overview
- No Home Owners Association
- 6 Units
- Property managed by Bell Real Estate, Inc.
Building Details
- Operating Expense $25,802
- Gross Income $57,890
- Net Operating Income $39,912
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,959 | $283,967 | -- | -- |
2023 | $4,959 | $275,697 | $0 | $0 |
2022 | $4,616 | $267,667 | $0 | $0 |
2021 | $4,519 | $259,871 | $0 | $0 |
2020 | $4,387 | $252,302 | $0 | $0 |
2019 | $4,172 | $244,954 | $0 | $0 |
2018 | $4,055 | $230,893 | $0 | $0 |
2017 | $3,875 | $230,893 | $0 | $0 |
2016 | $3,777 | $224,168 | $0 | $0 |
2015 | $3,702 | $217,639 | $0 | $0 |
2014 | $3,646 | $211,300 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/02/2025 10/02/25 | Price Changed | $999,000 | 0.0% | -- |
10/02/2025 10/02/25 | For Sale | $999,000 | -9.2% | -- |
07/08/2022 07/08/22 | Off Market | $1,100,000 | -- | -- |
05/18/2022 05/18/22 | Price Changed | $1,100,000 | -6.8% | -- |
04/22/2022 04/22/22 | For Sale | $1,180,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $465,000 | Cascade Title Company | |
Warranty Deed | $620,000 | Cascade Title Co | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $185,000 | Seller Take Back |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 22016089

APN: 0424364
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