NOT LISTED FOR SALE

1295 W Olympic St Springfield, OR 97477

West Springfield Neighborhood

Estimated Value: $423,000 - $573,000

4 Beds
2 Baths
1,624 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $426,625 $263 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,793/month

7 Days on Market

Highlights

  • Corner Lot
  • Views
  • Garage
  • Fireplace
  • Parking Storage or Cabinetry
  • 2-minute walk to Heron Playground

About This Home

As of June 2021

Both units have new:hot water heaters,remodeled bathrooms,toilets,vanity,flooring,sliders,#1295 has laminate flooring,new carpet.#1297 has new fencing. #1295 has renter but is moving. Great neighborhood, near schools, Shopping center.doing 1031

Last Agent to Sell the Property

Brad Anderson

Brad Anderson Real Estate License #800604014 Listed on: 05/08/2021

Last Buyer's Agent

Elmina Mike

ICON Real Estate Group License #890600145

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1624
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Restored
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 04100
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Internet Service Type: Cable
  • Security: Sidewalk

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: 101

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4039.72
  • Tax Deferral: Yes
  • Assessor Parcel Number: 1204070
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.44

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 4, 2021
Sold by
Thiel John E and Thiel Katherine E
Bought by
Garfinkel Sara
Seller's Agent
Brad Anderson
Brad Anderson Real Estate
Buyer's Agent
Elmina Mike
ICON Real Estate Group
List Price
$400,000
Sold Price
$426,625
Premium/Discount to List
$26,625
6.66%
Current Estimated Value
$462,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,946
Avg. Annual Appreciation
1.77%
Original Mortgage
$339,925
Outstanding Balance
$305,742
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$156,830

Purchase Details

Listed on
Dec 7, 2017
Closed on
Jan 4, 2018
Sold by
Simon Marjorie J and Marjorie J Simon Trust Dated October 13
Bought by
Thiel John E and Thiel Katherine E
Seller's Agent
Amy Thompson
Hybrid Real Estate
Buyer's Agent
Brad Anderson
Brad Anderson Real Estate
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.09%

Purchase Details

Listed on
Dec 7, 2017
Closed on
Jan 2, 2018
Sold by
Simon Marjorie J and Marjorie J Simon Trust
Bought by
Thiel John E and Thiel Katherine E
Seller's Agent
Amy Thompson
Hybrid Real Estate
Buyer's Agent
Brad Anderson
Brad Anderson Real Estate
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%

Purchase Details

Closed on
Jul 12, 2005
Sold by
Mceldowney William F and Schwaner Carol J
Bought by
Simon Marjorie J

Purchase Details

Closed on
Apr 3, 2001
Sold by
Mceldowney Dustin J
Bought by
Mceldowney Dustin J and Meister Cassandra D

Purchase Details

Closed on
Feb 27, 1998
Sold by
Mceldowney William F and Mceldowney Marquerite Maxine
Bought by
Mceldowney William F and Mceldowney Robert L
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
Garfinkel Sara $426,625 Fidelity National Title
Thiel John E $255,000 Cascade Title
Thiel John E $255,000 Cascade Title
Simon Marjorie J $176,000 Cascade Title Co
Mceldowney Dustin J -- --
Mceldowney William F $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garfinkel Sara $339,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $426,625 +6.7% $263 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $400,000 +56.9% $246 / Sq Ft
01/05/2018 01/05/18 Sold $255,000 +6.3% $157 / Sq Ft View Prior Sale
12/12/2017 12/12/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $239,900 -- $148 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,650 $253,597 -- --
2024 $4,575 $246,211 -- --
2023 $4,575 $239,040 -- --
2022 $4,237 $232,078 $0 $0
2021 $4,161 $225,319 $0 $0
2020 $4,040 $218,757 $0 $0
2019 $3,918 $212,386 $0 $0
2018 $3,694 $200,194 $0 $0
2017 $3,533 $200,194 $0 $0
2016 $3,450 $194,363 $0 $0
2015 $3,378 $188,702 $0 $0
2014 $3,326 $183,206 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Anderson

    Seller's Agent in 2021

    Brad Anderson

    Brad Anderson Real Estate

    (541) 912-6689

    2 in this area

    32 Total Sales

    Brad Anderson
    Section Image
  • Elmina Mike

    Buyer's Agent in 2021

    Elmina Mike

    ICON Real Estate Group

    (541) 543-5001

    1 in this area

    48 Total Sales

    Elmina Mike
    Section Image
  • Amy Thompson

    Seller's Agent in 2018

    Amy Thompson

    Hybrid Real Estate

    (541) 517-1873

    1 in this area

    247 Total Sales

    Amy Thompson
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21298951

Regional Multiple Listing Service (RMLS)

APN: 1204070

Oregon Lane County Springfield 97477 West Springfield

1295 W Olympic St, Springfield, OR

Not Listed for Sale

MultiFamily

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