NOT LISTED FOR SALE

1414 E 38th Ave Eugene, OR 97405

Southeast Eugene Neighborhood

Estimated Value: $575,000 - $771,951

4 Beds
4 Baths
3,201 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $535,000 $167 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,105/month

9 Days on Market

Highlights

  • City View
  • Corner Lot
  • Forced Air Heating System
  • Roosevelt Middle School Rated A-
  • Board and Batten Siding
  • High Speed Internet

About This Home

As of February 2023

Architecturally unique duplex in SE Eugene hills with solid rental history. Units are situated with minimal shared-space. Large open floorplan, vaulted ceilings, and late-70s charm! Separate bedroom/bathroom wings allow for amazing separation of space. Western views from decks with large windows, adding to the ambiance of SE hillside living! Tandem-deep garages for excess parking or storage. Perfect opportunity for investment or owner-occupied living.

Last Agent to Sell the Property

Brent Cole

Triple Oaks Realty LLC License #200607178 Listed on: 02/10/2023

Last Buyer's Agent

Jon Eschrich

Triple Oaks Realty LLC License #200504548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1971

Lot Details

  • Corner Lot
  • Gentle Sloping Lot

Parking

  • 4 Car Garage
  • Open Parking

Property Views

  • City
  • Territorial

Home Design

  • Rubber Roof
  • Board and Batten Siding
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,201 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Camas Ridge Elementary School
  • Roosevelt Middle School
  • South Eugene High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0657757

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,745
  • Gross Income $13,800
  • Net Operating Income $5,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,443

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1971
  • Property Condition: Existing
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Current Price For Status: 535000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: BoardBattenSiding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, GentleSloping
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Rubber
  • View: City,Territorial

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Camas Ridge
  • High School: South Eugene
  • Middle Or Junior School: Roosevelt

Lot Info

  • Zoning: R1
  • Parcel #: 0657757

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 6442.56

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 34.42
  • Annual Gross Income: 13800.0
  • Property Net Operating Income: 5055.0
  • Annual Operating Expense: 8745.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Feb 22, 2023
Sold by
Robert T Golly Living Trust
Bought by
Nis Rentals Llc
Seller's Agent
Brent Cole
Triple Oaks Realty LLC
Buyer's Agent
Jon Eschrich
Triple Oaks Realty LLC
List Price
$475,000
Sold Price
$535,000
Premium/Discount to List
$60,000
12.63%
Views
213
Current Estimated Value
$665,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,488
Avg. Annual Appreciation
7.99%
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
Nis Rentals Llc $535,000 Cascade Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $535,000 +12.6% $167 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $475,000 -- $148 / 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 $7,414 $380,525 -- --
2024 $7,322 $369,442 -- --
2023 $7,322 $358,682 $0 $0
2022 $6,859 $348,235 $0 $0
2021 $6,443 $338,093 $0 $0
2020 $6,465 $328,246 $0 $0
2019 $6,244 $318,686 $0 $0
2018 $5,865 $300,392 $0 $0
2017 $5,484 $300,392 $0 $0
2016 $5,123 $291,643 $0 $0
2015 $5,012 $283,149 $0 $0
2014 $5,211 $274,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brent Cole

    Seller's Agent in 2023

    Brent Cole

    Triple Oaks Realty LLC

    (541) 556-5093

    4 in this area

    178 Total Sales

    Brent Cole
    Section Image
  • Jon Eschrich

    Buyer's Agent in 2023

    Jon Eschrich

    Triple Oaks Realty LLC

    (541) 968-2655

    9 in this area

    168 Total Sales

    Jon Eschrich
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23334026

Regional Multiple Listing Service (RMLS)

APN: 0657757

Oregon Lane County Eugene 97405 Southeast Eugene

1414 E 38th Ave, Eugene, OR

Not Listed for Sale

MultiFamily

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