NOT LISTED FOR SALE

Estimated Value: $510,119 - $574,000

5 Beds
3 Baths
2,198 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $530,000 $241 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,341/month

32 Days on Market

Highlights

  • Valley View
  • Forced Air Heating System
  • Wood Siding
  • Adams Elementary School Rated A-
  • Level Lot
  • 1-Story Property

About This Home

As of May 2024

Open house 4/27 11-1. Great investment opportunity with one side vacant giving the option to rent or owner occupy. Idyllic end of road privacy makes it feel as though you're in the country, when you're minutes from downtown. The property sides to city park.Both units are solid with fenced yards and decks, large shared carport with storage.

Last Agent to Sell the Property

Kim Hyland

Windermere RE Lane County Brokerage Phone: 541-513-4884 License #200311110 Listed on: 03/28/2024

Windermere RE Lane County

Last Buyer's Agent

LeeAnn Dakers

Hybrid Real Estate License #201250944

Hybrid Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,764

Year Built

  • Built in 1971

Lot Details

  • 0.3 Acre Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,198 Sq Ft Home
  • 1-Story Property
  • Valley Views
  • Crawl Space

Parking

  • Carport
  • Driveway

Schools

  • Adams Elementary School
  • Arts & Tech Middle School
  • Churchill High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 0730778

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,944
  • Gross Income $26,400
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,764

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: GentleSloping, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Valley

Garage/Parking

  • Parking Description: Carport, Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Adams
  • High School: Churchill
  • Middle Or Junior School: Arts & Tech

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 0730778

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5764.07

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 20.08
  • Annual Gross Income: 26400.0
  • Property Net Operating Income: 26400.0
  • Annual Operating Expense: 6944.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 29, 2024
Sold by
Anderson Eric and Legue Chandra N
Bought by
Andrew J Tessler Revocable Trust and Tessler
Seller's Agent
Kim Hyland
Windermere RE Lane County
Buyer's Agent
LeeAnn Dakers
Hybrid Real Estate
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%
Views
125
Current Estimated Value
$539,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,280
Avg. Annual Appreciation
-1.48%
Original Mortgage
$397,500
Outstanding Balance
$394,219
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$125,549

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jul 12, 2019
Sold by
Zahn Ronald B and Ronald B Zahn Living Trust
Bought by
Anderson Eric and Legue Chandra N
Seller's Agent
Kim Hyland
Windermere RE Lane County
Buyer's Agent
Sharon Aly
Better Homes and Gardens Real Estate Equinox
List Price
$369,000
Sold Price
$363,000
Premium/Discount to List
-$6,000
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$254,100
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2000
Sold by
Glenn Darren A
Bought by
Zahn Laura E
Source: Public Records

Range of Values:

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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
Andrew J Tessler Revocable Trust $530,000 Cascade Title
Anderson Eric $363,000 First American
Zahn Laura E $173,600 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrew J Tessler Revocable Trust $397,500
Previous Owner Anderson Eric $260,500
Previous Owner Anderson Eric $254,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $530,000 0.0% $241 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $530,000 -1.9% $241 / Sq Ft
03/28/2024 03/28/24 For Sale $540,000 +48.8% $246 / Sq Ft
07/19/2019 07/19/19 Sold $363,000 -1.6% $165 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $369,000 0.0% $168 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $369,000 +1.7% $168 / Sq Ft
04/16/2019 04/16/19 Off Market $363,000 -- --
03/18/2019 03/18/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $369,000 -- $168 / 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 $5,915 $298,444 -- --
2023 $5,915 $289,752 $0 $0
2022 $5,541 $281,313 $0 $0
2021 $5,204 $273,120 $0 $0
2020 $5,184 $265,166 $0 $0
2019 $4,783 $257,443 $0 $0
2018 $4,447 $242,665 $0 $0
2017 $4,229 $242,665 $0 $0
2016 $4,104 $235,597 $0 $0
2015 $3,924 $228,735 $0 $0
2014 $3,819 $222,073 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24305383

Regional Multiple Listing Service (RMLS)

APN: 0730778