NOT LISTED FOR SALE

1511 High St Eugene, OR 97401

14 Beds
7 Baths
5,433 Sq Ft
1928 Built

Sale Details

Date Sold: April 7, 2023

Last sale price $960,000 $177 Per Sq Ft

54 Days on Market

Highlights

  • Corner Lot
  • Edison Elementary School Rated A-
  • Baseboard Heating

About This Home

As of April 2023

Investor Alert! 6 units with a total of 14 bedrooms in the heart of the University District. Amazing opportunity to own a corner lot with R-3 zoning. Fantastic rental history with future growth/development possibilities. Buyer to do due diligence.

Last Agent to Sell the Property

Curtis Phillips

Blue Pool Realty License #201215917 Listed on: 12/14/2022

Co-Listed By

Sarah Gonzalez

Bell Real Estate License #201216616

Last Buyer's Agent

Anton Fraga

St Clair Properties License #201215673

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,161

Year Built

  • Built in 1928

Home Design

  • 5,433 Sq Ft Home
  • Metal Roof

Lot Details

  • Corner Lot
  • Level Lot

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 0279982

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $20,456
  • Gross Income $93,730
  • Net Operating Income $73,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,161

Year Built

Built in 1928

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1928
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 960000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • 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 #: 0279982

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6160.85

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 10.3
  • Annual Gross Income: 93730.0
  • Property Net Operating Income: 73246.0
  • Annual Operating Expense: 20456.0
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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
$960,000 Cascade Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $640,000
Closed $850,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $960,000 -0.5% $177 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $965,000 -- $178 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax 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.

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 $7,090 $363,885 -- --
2024 $7,002 $353,287 -- --
2023 $7,002 $342,998 -- --
2022 $6,559 $333,008 $0 $0
2021 $6,161 $323,309 $0 $0
2020 $6,183 $313,893 $0 $0
2019 $5,971 $304,751 $0 $0
2018 $5,621 $287,257 $0 $0
2017 $5,369 $287,257 $0 $0
2016 $5,236 $278,890 $0 $0
2015 $5,085 $270,767 $0 $0
2014 $4,983 $262,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22215661

Regional Multiple Listing Service (RMLS)
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