NOT LISTED FOR SALE

1480 Hilyard St Eugene, OR 97401

Estimated Value: $854,693 - $1,089,000

3 Beds
4 Baths
3,550 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2022

Last sale price $1,000,000 $282 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,858 / mo

10 Days on Market

Highlights

  • Corner Lot
  • 7 Car Detached Garage
  • Property is near bus stop
  • Edison Elementary School Rated A-
  • Zoned Heating
  • 1-minute walk to West University Park

About This Home

As of November 2022

Supreme location just a block from the heart of the UO Campus, this duplex is currently rented for $5,800/month and offers great development potential. Units are very desirable with hardwood floors and new carpet. Detached garage for extra storage space and a laundry room for each unit. Very low maintenance landscaping for simple upkeep. Zoned R3, city planning office reports the potential to have up to 9 units on this lot. Buyer to perform due diligence regarding development potential.

Last Agent to Sell the Property

Katie Colter

Colter Home Co. License #201225434 Listed on: 10/28/2022

Last Buyer's Agent

Katie Colter

Colter Home Co. License #201225434 Listed on: 10/28/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,313

Year Built

  • Built in 1950

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 7 Car Detached Garage
  • Open Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,550 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Location

  • Property is near bus stop

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0286151

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,313
  • Gross Income $69,600
  • Net Operating Income $52,327

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,313

Year Built

Built in 1950

Lot Details

7,492 Sq Ft Lot

Parking

7

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1950
  • Property Attached Yn: No
  • Current Price For Status: 1000000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level, OnBusline
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Detached, Open
  • Attached Garage: No
  • Garage Spaces: 7.0
  • Total Parking Spaces: 7.0

Utilities

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

Schools

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

Lot Info

  • Zoning: R3
  • Parcel #: 0286151

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5313.08

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.68
  • Annual Gross Income: 69600.0
  • Property Net Operating Income: 52327.0
  • Annual Operating Expense: 10313.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Nov 14, 2022
Sold by
Tamara 1 Smith Trust
Bought by
Eugene West Llc
Seller's Agent
Katie Colter
Colter Home Co.
Buyer's Agent
Katie Colter
Colter Home Co.
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%
Views
12
Current Estimated Value
$1,005,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,923
Avg. Annual Appreciation
0.17%

Purchase Details

Closed on
Sep 5, 2020
Sold by
Smith Tamara J
Bought by
Smith Tamara J and Tamara J Smith Trust
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Eugene West Llc $1,000,000 --
Smith Tamara J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2022 11/18/22 Sold $1,000,000 -23.1% $282 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $1,300,000 -- $366 / 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 $5,920 $303,864 -- --
2024 $5,847 $295,014 -- --
2023 $5,847 $286,422 $0 $0
2022 $5,477 $278,080 $0 $0
2021 $5,145 $269,981 $0 $0
2020 $5,163 $262,118 $0 $0
2019 $4,986 $254,484 $0 $0
2018 $4,694 $239,876 $0 $0
2017 $4,483 $239,876 $0 $0
2016 $4,372 $232,889 $0 $0
2015 $4,247 $226,106 $0 $0
2014 $4,161 $219,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22385628

Regional Multiple Listing Service (RMLS)

APN: 0286151

Your Personal Tour Guide

Ask me questions while you tour the home.