NOT LISTED FOR SALE

Estimated Value: $674,000 - $685,839

5 Beds
3 Baths
2,221 Sq Ft
$305/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $666,900 $300 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,352/month

7 Days on Market

Highlights

  • Forced Air Heating System
  • Edison Elementary School Rated A-
  • Wood Siding

About This Home

As of April 2024

Welcome to this beautifully maintained triplex nestled in the heart of South East Eugene. Boasting three separate units, this property offers a rare opportunity for investors or homeowners seeking rental income. Each unit features its own distinct charm, providing a comfortable and inviting living space for tenants. Main house features 3 bedrooms 1 bath, with hard wood floors. There are two smaller 1 bed 1 bath houses detached from the main house. Coin operated laundry.

Last Agent to Sell the Property

Tanner Stottlemyre

Triple Oaks Realty LLC License #201240394 Listed on: 03/19/2024

Co-Listed By

Jesse Haffly

eXp Realty LLC License #201221936

Last Buyer's Agent

James Prentice

RE/MAX Integrity License #970700072

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 1948

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,221 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Paved Parking

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 0600088

Community Details

Overview

  • 3 Units
  • 411515 Urban Mixed Multi Fam Subdivision
  • Property managed by Real Estate Connections

Building Details

  • Operating Expense $9,878
  • Gross Income $38,427
  • Net Operating Income $22,512

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,706

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Real Estate Connections
  • Management Phone: 541-485-2915

Schools

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

Lot Info

  • Zoning: R3
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 0600088

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6705.59

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 17.69
  • Annual Gross Income: 38427.0
  • Property Net Operating Income: 22512.0
  • Annual Operating Expense: 9878.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 18, 2024
Sold by
Ouyang Meng
Bought by
Kkso Mill Llc
Seller's Agent
Tanner Stottlemyre
Triple Oaks Realty LLC
Buyer's Agent
James Prentice
RE/MAX Integrity
List Price
$679,900
Sold Price
$666,900
Premium/Discount to List
-$13,000
-1.91%
Views
13
Current Estimated Value
$678,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,560
Avg. Annual Appreciation
1.36%

Purchase Details

Listed on
Mar 19, 2024
Closed on
Mar 25, 2024
Sold by
Wu Yexin
Bought by
Ouyang Meng
Seller's Agent
Tanner Stottlemyre
Triple Oaks Realty LLC
Buyer's Agent
James Prentice
RE/MAX Integrity
List Price
$679,900
Sold Price
$666,900
Premium/Discount to List
-$13,000
-1.91%
Views
13

Purchase Details

Listed on
Mar 16, 2016
Closed on
Mar 21, 2016
Sold by
Reid Maurice K and Reid Amy N
Bought by
Wu Yexin and Ouyang Meng
Seller's Agent
Julia Carver
ICON Real Estate Group
Buyer's Agent
Dave McJunkin
Team David LLC
List Price
$410,000
Sold Price
$411,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$287,700
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Nickel & Reid Llc
Bought by
Reid Maurice K and Reid Amy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2012
Sold by
Nickel & Reid Llc
Bought by
Reid Maurice K and Reid Amy N

Purchase Details

Closed on
Sep 7, 2007
Sold by
Reid Maurice K and Reid Amy N
Bought by
Nickel & Reid Llc

Purchase Details

Closed on
Apr 5, 2007
Sold by
Gray Balie Bernice
Bought by
Reid Maurice K and Reid Amy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Kkso Mill Llc $666,900 Fidelity National Title
Ouyang Meng -- Western Title
Wu Yexin $411,000 First American Title
Reid Maurice K -- First American Title
Reid Maurice K -- Accommodation
Nickel & Reid Llc -- None Available
Reid Maurice K $375,000 Pacific Northwest Title Of L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Yexin $287,700
Previous Owner Reid Maurice K $225,000
Previous Owner Reid Maurice K $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $666,900 -1.9% $300 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $679,900 +65.4% $306 / Sq Ft
04/29/2016 04/29/16 Sold $411,000 +0.2% $185 / Sq Ft
03/19/2016 03/19/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $410,000 -- $185 / 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 $6,881 $337,081 $0 $0
2022 $6,446 $327,264 $0 $0
2021 $6,055 $317,733 $0 $0
2020 $6,076 $308,479 $0 $0
2019 $5,868 $299,495 $0 $0
2018 $5,524 $282,303 $0 $0
2017 $5,276 $282,303 $0 $0
2016 $5,145 $274,081 $0 $0
2015 $4,998 $266,098 $0 $0
2014 $4,897 $258,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24640216

Regional Multiple Listing Service (RMLS)

APN: 0600088