NOT LISTED FOR SALE

Estimated Value: $529,000 - $679,265

6 Beds
5 Baths
2,542 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $600,000 $236 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,733/month

12 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Lap Siding
  • 5 Car Attached Garage

About This Home

As of August 2023

Amazing opportunity for well-maintained River Road investment property! Built in 2002, this duplex is perfect for two rental incomes or an owner-occupant on one side while renting the other. Both sides have gas furnaces, central air conditioning, gas water heaters, dishwashers, refrigerators, and 2-car garages with washer/dryer hookups. They are mirror-image floor plans with living, dining, kitchen and powder room on the main. Upstairs has a vaulted primary bedroom w/ walk-in closet and direct access to the jack-and-jill bath plus two other bedrooms. Lives like a freestanding home as there are no shared living walls, the units are only connected by the garages. 1820 has brand new LVP floors in living, dining, kitchen and baths plus brand new carpet on stairs, landing and all 3 bedrooms and a huge fenced yard. This was rented for $1900/mo prior to being updated so could likely be more now. 1822 is currently at $1567/mo but will be increased to $1725/mo starting on 9/1/23.

Last Agent to Sell the Property

Amy Thompson

Hybrid Real Estate License #200210182 Listed on: 06/15/2023

Hybrid Real Estate

Last Buyer's Agent

Brittany Lehman

RE/MAX Integrity License #201231600

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,003

Year Built

  • Built in 2002

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 5 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,542 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Howard Elementary School
  • Kelly Middle School
  • North Eugene High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 1687993

Community Details

Overview

  • 2 Units
  • River Road Subdivision

Building Details

  • Operating Expense $9,192
  • Gross Income $42,086
  • Net Operating Income $32,894

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,003

Year Built

Built in 2002

Lot Details

0

Parking

5

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2002
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 600000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking Description: Attached, GarageDoorOpener
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Howard
  • High School: North Eugene
  • Middle Or Junior School: Kelly

Lot Info

  • Zoning: R-1
  • Parcel #: 1687993

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 7003.2

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.26
  • Annual Gross Income: 42086.0
  • Property Net Operating Income: 32894.0
  • Annual Operating Expense: 9192.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 28, 2023
Sold by
Teressa Iona Ocaer Living Trust
Bought by
Surace Kyle
Seller's Agent
Amy Thompson
Hybrid Real Estate
Buyer's Agent
Brittany Lehman
RE/MAX Integrity
List Price
$600,000
Sold Price
$600,000
Views
127
Current Estimated Value
$603,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,566
Avg. Annual Appreciation
0.24%
Original Mortgage
$600,000
Outstanding Balance
$584,759
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$18,807

Purchase Details

Closed on
Apr 6, 2023
Sold by
Manihi Holding Llc
Bought by
Teressa Iona Ocaer Living Trust

Purchase Details

Closed on
Mar 8, 2016
Sold by
Caer Teressa I O
Bought by
Manihi Holding Llc

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jul 18, 2015
Sold by
Ahnemann Nancy Jane and Kehrli Family Trust
Bought by
Caer Teressa O
Seller's Agent
Linnea Kittrell
TLC Realty
Buyer's Agent
Amy Thompson
Hybrid Real Estate
List Price
$349,000
Sold Price
$295,000
Premium/Discount to List
-$54,000
-15.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Jan 29, 2004
Sold by
Corey David S and Corey Debra S
Bought by
Kehrli Madelle P and The Kehrli Family Trust

Purchase Details

Closed on
Dec 13, 2002
Sold by
Butler Robert F
Bought by
Corey David S and Corey Debra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,214
Interest Rate
6.06%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Surace Kyle $600,000 Cascade Title
Teressa Iona Ocaer Living Trust -- Cascade Title
Manihi Holding Llc -- None Available
Caer Teressa O $295,000 First American Title
Kehrli Madelle P $249,900 American Title Group
Corey David S $87,000 American Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surace Kyle $600,000
Previous Owner Corey David S $59,214
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2023 08/03/23 Sold $600,000 0.0% $236 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $600,000 +103.4% $236 / Sq Ft
07/24/2015 07/24/15 Sold $295,000 -15.5% $116 / Sq Ft View Prior Sale
06/28/2015 06/28/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $349,000 -- $137 / 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 $6,955 $388,510 -- --
2024 $6,868 $377,195 -- --
2023 $6,868 $366,209 $0 $0
2022 $7,003 $355,543 $0 $0
2021 $6,578 $345,188 $0 $0
2020 $6,515 $335,134 $0 $0
2019 $6,229 $325,373 $0 $0
2018 $5,760 $306,696 $0 $0
2017 $5,462 $306,696 $0 $0
2016 $5,260 $297,763 $0 $0
2015 $5,171 $289,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23029998

Regional Multiple Listing Service (RMLS)

APN: 1687993