$274,900
SOLD DEC 19, 2014
2 Beds
1 Bath
2,320 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

71 Days on Market

Highlights

  • Views
  • Level Lot
  • Wood Siding
  • Storage

About This Home

As of May 2022

Amazing Rental History. On-Site Management. Superb Location. Building in Good Condition Throughout. Cap Rate at 6.48%. Cash on Cash at 7.13% with 75% Financing. 4 two-bedroom units on cul-de-sac close to busline and bike path. 10 minutes or 2.8 miles to UO Campus.

Last Agent to Sell the Property

Michael O'Connell

O'Connell & Associates LLC License #780301608 Listed on: 07/31/2014

Last Buyer's Agent

Michael O'Connell

O'Connell & Associates LLC License #780301608 Listed on: 07/31/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1960

Parking

  • Assigned Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Property Views

Kitchen

  • Range
  • Microwave

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,641

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2320
  • Stories: 2
  • Year Built: 1960
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: Subdivision Plat: WESTMORELAND PARK LOT 67 TL 082
  • Storage: Individual Storage Units, Locked

Exterior Features

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

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Security Lights
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Laundry, Tanning Beds, Weight Room
  • Unit Features: Microwave, Range, Window Coverings

Schools

  • Elementary School: Cesar Chavez
  • Middle School: Arts & Tech
  • High School: Churchill

Lot Info

  • Lot Description: Level
  • Zoning: R-2

Tax Info

  • Tax Amount: 2521.23
  • Assessor Parcel Number: 1841244

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.33

MLS Schools

  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle School: Arts & Tech

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 12, 2022
Sold by
Stewart Meyers
Bought by
Bui Thoa Thi Kim and Le Han
Seller's Agent
Michael O'Connell
O'Connell & Associates LLC
Buyer's Agent
Tawnya Madsen
Eugene's Alternative
List Price
$509,000
Sold Price
$525,000
Premium/Discount to List
$16,000
3.14%
Current Estimated Value
$522,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,656
Avg. Annual Appreciation
0.31%

Purchase Details

Listed on
Jul 31, 2014
Closed on
Dec 10, 2014
Sold by
Berg Thomas I and Huang Yan
Bought by
Meyers Stewart
Seller's Agent
Michael O'Connell
O'Connell & Associates LLC
Buyer's Agent
Michael O'Connell
O'Connell & Associates LLC
List Price
$274,900
Sold Price
$274,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$206,175
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Westmoreland Village Llc
Bought by
Berg Thomas I and Huang Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,030,000
Interest Rate
4.18%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $525,000 Cascade Title
Warranty Deed $274,900 Cascade Title Company
Warranty Deed $254,900 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $206,175 New Conventional
Previous Owner $3,030,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $525,000 +3.1% $226 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $509,000 +85.2% $219 / Sq Ft
12/19/2014 12/19/14 Sold $274,900 0.0% $118 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $274,900 -- $118 / 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
2023 $3,641 $178,376 $0 $0
2022 $3,411 $173,181 $0 $0
2021 $3,204 $168,137 $0 $0
2020 $3,215 $163,240 $0 $0
2019 $3,105 $158,486 $0 $0
2018 $2,923 $149,388 $0 $0
2017 $2,792 $149,388 $0 $0
2016 $2,723 $145,037 $0 $0
2015 $2,645 $140,813 $0 $0
2014 $2,591 $136,712 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14684749

Regional Multiple Listing Service (RMLS)

APN: 1841244