NOT LISTED FOR SALE

205 E 3rd Ave Eugene, OR 97401

Downtown Eugene Neighborhood

Estimated Value: $818,000 - $1,022,469

-- Bed
5 Baths
3,077 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $550,000 $179 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,907/month

74 Days on Market

Highlights

  • Corner Lot
  • Views
  • Wood Siding
  • Edison Elementary School Rated A-
  • Landscaped with Trees

About This Home

As of July 2019

Rare Landmark Opportunity. Built in 1892 the Emil Koppe House in downtown East Skinner's Butte Historic District. Prime location near 5th St Market, Willamette River & Hult Center. Exterior restored to original Queen Anne architecture. Great rental history. 3,077 sf home & 350 sf detached studio apt. Ideal for exceptional primary residence, signature professional office, or charming Bed & Breakfast. Incredible million-dollar potential.

Last Listed By

Randal Whipple

Berkshire Hathaway HomeServices Real Estate Professionals License #200205145 Listed on: 03/25/2019

Berkshire Hathaway HomeServices Real Estate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,374

Year Built

  • Built in 1892

Lot Details

  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Wood Siding

Basement

  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Property Views

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,374

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3077
  • Year Built: 1892
  • Remarks Public: Rare Landmark Opportunity. Built in 1892 the Emil Koppe House in downtown East Skinner's Butte Historic District. Prime location near 5th St Market, Willamette River & Hult Center. Exterior restored to original Queen Anne architecture. Great rental history. 3,077 sf home & 350 sf detached studio apt. Ideal for exceptional primary residence, signature professional office, or charming Bed & Breakfast. Incredible million-dollar potential.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 17-03-30-44-03500
  • Basement: Partial Basement

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: City
  • View: Yes

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry

Schools

  • Elementary School: Edgewood
  • Middle School: Roosevelt
  • High School: South Eugene

Lot Info

  • Lot Description: Corner Lot, Level, Trees
  • Zoning: R-2

Rental Info

  • Rent Includes: Maintenance Grounds

Tax Info

  • Tax Amount: 8230.90
  • Assessor Parcel Number: 257137
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.11

MLS Schools

  • Elementary School: Edgewood
  • High School: South Eugene
  • Middle School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jul 22, 2019
Sold by
Meyers Stewart
Bought by
Lee Jong S and Lee Jae Chan
Seller's Agent
Randal Whipple
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
Jae Chan Lee
InEugene Real Estate, LLC
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Total Days on Market
74
Current Estimated Value
$905,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,117
Avg. Annual Appreciation
9.52%
Original Mortgage
$412,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 1997
Sold by
Lansdowne Properties Ltd
Bought by
Meyers Stewart D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
7.16%

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 Buyer Sale Price Title Company
Lee Jong S $550,000 Fidelity National Title
Chan Lee Jong S $550,000 Fidelity Natl Ttl Co Of Or
Meyers Stewart D $289,000 Title Guaranty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Lee Jong S $412,500
Previous Owner Meyers Stewart D $202,500
Previous Owner Meyers Stewart D $5,000
Previous Owner Meyers Stewart D $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2019 07/23/19 Sold $550,000 -8.3% $179 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $600,000 0.0% $195 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/25/2019 03/25/19 For Sale $600,000 -- $195 / 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 $10,374 $508,202 $0 $0
2022 $9,719 $493,400 $0 $0
2021 $9,022 $473,461 $0 $0
2020 $9,054 $459,671 $0 $0
2019 $8,744 $446,283 $0 $0
2018 $8,231 $420,665 $0 $0
2017 $7,862 $420,665 $0 $0
2016 $7,426 $408,413 $0 $0
2015 $3,075 $182,976 $0 $0
2014 $3,107 $182,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randal Whipple

    Seller's Agent in 2019

    Randal Whipple

    BHHS Oregon- Professionals

    (541) 485-1400

    1 in this area

    179 Total Sales

    Randal Whipple
    Section Image

  • J

    Buyer's Agent in 2019

    Jae Chan Lee

    InEugene Real Estate, LLC

    (541) 514-4567

    7 Total Sales

    Jae Chan Lee
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19477938

Regional Multiple Listing Service (RMLS)

APN: 0257137

Oregon Lane County Eugene 97401 Downtown Eugene

205 E 3rd Ave, Eugene, OR

Homes for Sale in Eugene, OR

This home is located at 205 E 3rd Ave, Eugene, OR 97401 since 25 March 2019 and is currently estimated at $905,117, approximately $294 per square foot. This property was built in 1892. 205 E 3rd Ave is a home located in Lane County with nearby schools including Edison Elementary School, Roosevelt Middle School, and South Eugene High School.

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