NOT LISTED FOR SALE

1312 Mill St Eugene, OR 97401

3 Beds
5 Baths
7,000 Sq Ft
1908 Built

Last Sold July 31, 2017

Last sale price $1,107,481 $158 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • Edison Elementary School Rated A-
  • Corner Lot

About This Home

As of July 2017

DO NOT DISTURB TENANTS. Great vintage campus apt. complex. 3 blocks from UO. Units consist of 5 studios and 7 one-bedroom units. Each unit has hardwood floors, vinyl windows and newer paint. Owner reports less than 1% vacancy per year. Current Cap Rate 5.60%, Lease renewals occurring now, Pro-forma Cap Rate 5.75%. Rents quickly due location and size of units.

Last Agent to Sell the Property

Rene Nelson

PacWest Commercial RE, Inc License #890500024 Listed on: 05/02/2017

Co-Listed By

Matt Anderson

Windermere RE Lane County License #200912134

Last Buyer's Agent

Leslie Beck

Windermere RE Lane County License #800200217

Windermere RE Lane County

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Wood Flooring
  • Range

Utilities

  • Electric Water Heater

Community Details

  • 12 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Parking

7

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 7000
  • Stories: 3
  • Year Built: 1908
  • Property Condition: Approximately
  • Remarks Public: DO NOT DISTURB TENANTS. Great vintage campus apt. complex. 3 blocks from UO. Units consist of 5 studios and 7 one-bedroom units. Each unit has hardwood floors, vinyl windows and newer paint. Owner reports less than 1% vacancy per year. Current Cap Rate 5.60%, Lease renewals occurring now, Pro-forma Cap Rate 5.75%. Rents quickly due location and size of units.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 11100

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 7
  • Parking Description: Open

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: C2/TD
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 8651.54
  • Assessor Parcel Number: 285419

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 12
  • Gross Rent Multiplier: 11.37

MLS Schools

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

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $1,107,481 -1.9% $158 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $1,129,000 -- $161 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rene Nelson

    PacWest Commercial RE, Inc

  • M

    Seller Co-Listing Agent in 2017

    Matt Anderson

    Windermere RE Lane County

  • Leslie Beck

    Buyer's Agent in 2017

    Leslie Beck

    Windermere RE Lane County

    (541) 953-2035

    28 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17259744

Regional Multiple Listing Service (RMLS)

Oregon Lane County Eugene 97401

1312 Mill St, Eugene, OR

This home is located at 1312 Mill St, Eugene, OR 97401 since 02 May 2017. This property was built in 1908. 1312 Mill St is a home located in Lane County with nearby schools including Edison Elementary School, Roosevelt Middle School, and South Eugene High School.

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