NOT LISTED FOR SALE

1477 Mill Alley Eugene, OR 97401

Estimated Value: $643,000 - $911,641

2 Beds
2 Baths
2,544 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $410,000 $161 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,525/month

133 Days on Market

Highlights

  • Level Lot
  • Wood Siding
  • 5-minute walk to West University Park
  • Edison Elementary School Rated A-

About This Home

As of October 2014

Well located U of O campus 4-plex with excellent rental history. Units are fully leased for the 2014-2015 year. Rare and attractive 1 bedroom units loaded with character, hardwood floors, vinyl windows and good light always rent easily.

Last Agent to Sell the Property

David Holland

Evans, Elder, Brown & Seubert License #200002060 Listed on: 05/21/2014

Last Buyer's Agent

Beth DuPont

Colliers International License #200303123

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,265

Year Built

  • Built in 1952

Lot Details

  • 4,487

Parking

  • Open Parking

Home Design

  • Wood Siding

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • Level Lot

Community Details

  • 4 Units
  • Property managed by Jenniings

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,265

Year Built

Built in 1952

Lot Details

0

Parking

7

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2544
  • Stories: 2
  • Year Built: 1952
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 00100

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security Or Entry: Entry
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: Jenniings

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: R-3

Tax Info

  • Tax Amount: 3645.67
  • Assessor Parcel Number: 275915

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2022
Sold by
Sundberg Gregory N
Bought by
Colvert Housing Llc
Current Estimated Value
$770,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,500
Outstanding Balance
$231,432
Interest Rate
2.43%
Mortgage Type
New Conventional
Estimated Equity
$493,382

Purchase Details

Closed on
Feb 12, 2016
Sold by
Sundberg Gregory N and Guerra Sundberg Alexandra
Bought by
Colvert Housing Llc

Purchase Details

Listed on
May 21, 2014
Closed on
Oct 29, 2014
Sold by
Fleischman Matthew James and Fleischman Diane Gloria
Bought by
Sundberg Gregory N and Guerra Sundberg Alexandra
Seller's Agent
David Holland
Evans, Elder, Brown & Seubert
Buyer's Agent
Beth DuPont
Colliers International
List Price
$439,000
Sold Price
$410,000
Premium/Discount to List
-$29,000
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$307,500
Interest Rate
4.2%
Mortgage Type
New Conventional
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
Colvert Housing Llc $92,000 Cascade Title
Sundberg Gregory N $92,000 Cascade Title
Colvert Housing Llc -- None Available
Sundberg Gregory N $410,000 Western Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sundberg Gregory N $279,500
Previous Owner Sundberg Gregory N $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $410,000 -6.6% $161 / Sq Ft
10/01/2014 10/01/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $439,000 -- $173 / 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 $5,265 $265,667 -- --
2023 $5,265 $257,930 $0 $0
2022 $4,933 $250,418 $0 $0
2021 $4,633 $243,125 $0 $0
2020 $4,649 $236,044 $0 $0
2019 $4,490 $229,169 $0 $0
2018 $4,227 $216,015 $0 $0
2017 $4,037 $216,015 $0 $0
2016 $3,937 $209,723 $0 $0
2015 $3,824 $203,615 $0 $0
2014 $3,747 $197,684 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14514297

Regional Multiple Listing Service (RMLS)

APN: 0275915