NOT LISTED FOR SALE

Estimated Value: $505,751

4 Beds
2 Baths
2,272 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $440,000 $194 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,034/month

13 Days on Market

Highlights

  • Corner Lot
  • Zoned Heating
  • Wood Siding
  • Edison Elementary School Rated A-
  • Laundry Facilities

About This Home

As of July 2023

Attractive duplex in east University neighborhood. New roof in 2021, vinyl, double paned windows throughout with shared laundry. 2709 E. 16th is a 3 bedroom/1 bath with spacious floorplan and small back yard. 1595 Riverview is an appealing two story, 2 bedroom/1 bath apartment with vaulted ceilings, open kitchen, dining area with slider to deck, fireplace, generous storage & covered carport all located adjacent to bus stop & bike routes offering great access to U of O and LCC.

Last Agent to Sell the Property

Victoria Whitman

Hearthstone Real Estate License #980100168 Listed on: 06/12/2023

Last Buyer's Agent

Ashley Force

Real Broker License #201239906

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,525

Year Built

  • Built in 1946

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Carport
  • Assigned Parking

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,272 Sq Ft Home
  • 2-Story Property
  • Crawl Space

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 0296002

Community Details

Building Details

  • Operating Expense $13,009
  • Gross Income $28,275
  • Net Operating Income $15,266

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,525

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1946
  • Property Condition: Approximately
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Current Price For Status: 440000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Block
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Carport
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

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

Lot Info

  • Zoning: R1
  • Parcel #: 0296002

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4524.51

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.09
  • Annual Gross Income: 28275.0
  • Property Net Operating Income: 15266.0
  • Annual Operating Expense: 13009.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 20, 2023
Sold by
Whitman Properties Llc
Bought by
Wills Eric
Seller's Agent
Victoria Whitman
Hearthstone Real Estate
Buyer's Agent
Ashley Force
Real Broker
List Price
$499,895
Sold Price
$440,000
Premium/Discount to List
-$59,895
-11.98%
Views
61
Current Estimated Value
$505,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,751
Avg. Annual Appreciation
5.71%
Original Mortgage
$432,030
Outstanding Balance
$421,137
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$84,614
Source: Public Records
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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
Wills Eric $440,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wills Eric $432,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $440,000 -3.3% $194 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $455,000 -9.0% $200 / Sq Ft
06/21/2023 06/21/23 For Sale $499,895 0.0% $220 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/17/2023 06/17/23 Price Changed $499,895 0.0% $220 / Sq Ft
06/12/2023 06/12/23 For Sale $499,900 -- $220 / 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 $4,890 $251,001 -- --
2024 $4,830 $243,691 -- --
2023 $4,830 $236,594 $0 $0
2022 $4,525 $229,703 $0 $0
2021 $4,250 $223,013 $0 $0
2020 $4,265 $216,518 $0 $0
2019 $4,119 $210,212 $0 $0
2018 $3,877 $198,146 $0 $0
2017 $3,634 $198,146 $0 $0
2016 $3,493 $192,375 $0 $0
2015 $3,421 $186,772 $0 $0
2014 $3,378 $181,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23482067

Regional Multiple Listing Service (RMLS)

APN: 0296002