NOT LISTED FOR SALE

1480 Hilyard St Eugene, OR 97401

Estimated Value: $831,118 - $1,133,000

3 Beds
4 Baths
3,550 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 18, 2022

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

Est. 2% decrease in value since last sale

Current estimated payment $5,577/month

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
  • Property managed by Campus Connections

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

Condo/Co-op/Association

  • Management Name: Campus Connections

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 Deferral: No
  • 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
$977,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,970
Avg. Annual Appreciation
-0.70%

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
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Purchase History

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

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22385628

Regional Multiple Listing Service (RMLS)

APN: 0286151

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