NOT LISTED FOR SALE

1928 5th St Springfield, OR 97477

North Springfield Neighborhood
Studio
1 Bath
31,540 Sq Ft
2016 Built

Last Sold December 04, 2017

Last sale price $5,600,000 $178 Per Sq Ft

13 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • Views
  • Guest Parking
  • Waterfront
  • Storage
  • Property is near bus stop

About This Home

As of December 2017

Very well built,fully occupied units. Extras include double sheetrocking on interior walls for sound abatement,built in washer/dryers in each unit,granite counter tops, built in attached storage units. Amazing location, across form Fred Meyer,and two blocks from safeway.Also close to Riverbend.

Last Agent to Sell the Property

Michael O'Connell

O'Connell & Associates LLC License #780301608 Listed on: 08/29/2017

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016 | Newly Remodeled

Parking

  • Guest Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Cement Siding

Interior Spaces

  • Storage
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Waterfront
  • Property is near bus stop

Community Details

  • 38 Units
  • Property managed by Jennings Group
  • 23-Story Property

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

44

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 31540
  • Stories: 23
  • Year Built: 2016
  • Property Condition: New Construction
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 17-03-26-24 TL 02900
  • Storage: Attached, Individual Storage Units

Exterior Features

  • Exterior Description: Cement Siding, Man Made
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition
  • View: City
  • Waterfront: Yes
  • Foundation Details: Slab
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 44
  • Parking Description: Assigned, Guest

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security: Sidewalk

Condo/Co-op/Association

  • Management Name: Jennings Group
  • Management Phone: 541-683-2271
  • Unit Features: Dishwasher, Range, Storage, Washer/Dryer

Lot Info

  • Lot Description: On Busline
  • Zoning: HDR

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 50000.00
  • Assessor Parcel Number: 218949

Multi Family

  • Number Of Units Total: 38
  • Gross Rent Multiplier: 12.06

MLS Schools

  • Elementary School: Page
  • High School: Springfield
  • Middle School: Hamlin

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2017 12/04/17 Sold $5,600,000 -2.6% $178 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $5,750,000 -- $182 / 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 $58,089 $3,167,769 -- --
2024 $57,148 $3,075,504 -- --
2023 $57,148 $2,985,927 $0 $0
2022 $52,929 $2,898,959 $0 $0
2021 $51,979 $2,814,524 $0 $0
2020 $50,461 $2,732,548 $0 $0
2019 $48,944 $2,652,960 $0 $0
2018 $46,137 $2,098,712 $0 $0
2017 $37,232 $2,098,712 $0 $0
2016 $11,103 $118,350 $0 $0
2015 $1,998 $114,903 $0 $0
2014 $2,969 $163,482 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael O'Connell

    O'Connell & Associates LLC

    (541) 912-3179

    3 Total Sales

    Michael O'Connell
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17578678

Regional Multiple Listing Service (RMLS)

APN: 17-03-26-24-02900-000

Oregon Lane County Springfield 97477 North Springfield

1928 5th St, Springfield, OR

Not Listed for Sale

MultiFamily

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