$560,500
SOLD NOV 1, 2024
-- Bed
-- Bath
1,808 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$310 Per Sq Ft

10% Below List Price

129 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Mini Split Heat Pump
  • Edison Elementary School Rated A-
  • Wood Siding
  • 3-minute walk to Fairmount Park

About This Home

As of November 2024

Discover a fantastic investment opportunity with this charming duplex, perfectly located near the east side of the University of Oregon in a great residential neighborhood! Each unit features 2 bedrooms and 1 bathroom. Both units are empty and the buyer can set rental prices and terms! The house has a new roof, new electrical panels, and other updates including vinyl windows and a renovated bathroom with tile shower in the downstairs unit. Each apartment has 2 off-street parking spaces. Both units share a bonus room, a convenient laundry area, locked shed with bike parking and storage, and partially-covered secluded patio area in back. The upper apartment boasts beautiful laminate hardwood-pattern floors and a ductless heating and cooling unit, ensuring comfort and efficiency. The unfinished attic has potential for conversion to living space. The pleasant front yard has trees, mature shrubs, blueberries, and raised garden bed. Situated close to parks, trails, bike paths, coffee shops, UofO, Hayward Field, Matthew Knight Arena, groceries, shopping, public transit, and local breweries and a variety of restaurants, this duplex offers an attractive and convenient lifestyle for its residents. Great schools: Edison, Roosevelt, South Eugene HS. Perfect for investor, students, professionals, owner occupied FHA, or anyone seeking a vibrant, accessible community. Don't miss out on this versatile and well-maintained property!

Last Agent to Sell the Property

Eric Smith

Heart and Home Real Estate Brokerage Phone: 541-253-4090 License #201244122 Listed on: 06/02/2024

Co-Listed By

John Romito

Heart and Home Real Estate Brokerage Phone: 541-253-4090 License #201204693

Last Buyer's Agent

Dana Bankus

Hybrid Real Estate License #201218946

Hybrid Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property
  • Storage In Attic
  • Finished Basement

Schools

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

Utilities

  • Cooling Available
  • Mini Split Heat Pump
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0292860

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $38,400
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,254

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1928
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Storage: Attic
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 0292860

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5253.79

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.62
  • Annual Gross Income: 38400.0
  • Property Net Operating Income: 38400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Oct 25, 2024
Sold by
Vanzee Pieter and Vanzee Van Zee
Bought by
New Oregon Trail Properties Llc
Seller's Agent
Eric Smith
Heart and Home Real Estate
Buyer's Agent
Dana Bankus
Hybrid Real Estate
List Price
$624,900
Sold Price
$560,500
Premium/Discount to List
-$64,400
-10.31%
Views
125
Current Estimated Value
$573,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,630
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Jun 16, 2004
Sold by
The P K Mann Real Estate Llc
Bought by
Vanzee Pieter and Vanzee Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 1998
Sold by
Barnes Larry L and Golden Patrick F
Bought by
Mann Peter C and Mann Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,350
Interest Rate
7.13%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $560,500 Fidelity National Title
Warranty Deed $220,500 Cascade Title Co
Warranty Deed $133,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $162,000 Commercial
Previous Owner $176,400 Commercial
Previous Owner $126,350 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $560,500 -6.6% $310 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/25/2024 09/25/24 Price Changed $599,800 0.0% $332 / Sq Ft
09/18/2024 09/18/24 Price Changed $599,900 -1.6% $332 / Sq Ft
09/04/2024 09/04/24 Price Changed $609,900 -0.8% $337 / Sq Ft
08/10/2024 08/10/24 Price Changed $614,900 -1.1% $340 / Sq Ft
07/18/2024 07/18/24 Price Changed $621,800 -0.2% $344 / Sq Ft
07/04/2024 07/04/24 Price Changed $622,800 0.0% $344 / Sq Ft
06/26/2024 06/26/24 Price Changed $622,900 -0.3% $345 / Sq Ft
06/02/2024 06/02/24 For Sale $624,900 -- $346 / 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 $5,391 $264,101 $0 $0
2022 $5,051 $256,409 $0 $0
2021 $4,744 $248,941 $0 $0
2020 $4,760 $241,691 $0 $0
2019 $4,598 $234,652 $0 $0
2018 $4,328 $221,183 $0 $0
2017 $4,134 $221,183 $0 $0
2016 $4,013 $214,741 $0 $0
2015 $3,878 $208,486 $0 $0
2014 $3,788 $202,414 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24298657

Regional Multiple Listing Service (RMLS)

APN: 0292860