NOT LISTED FOR SALE

Estimated Value: $558,393 - $693,000

4 Beds
3 Baths
1,062 Sq Ft
$572/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $455,000 $428 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,637/month

24 Days on Market

Highlights

  • Corner Lot
  • Zoned Heating
  • 4-minute walk to Washington Park
  • Adams Elementary School Rated A-

About This Home

As of August 2020

Wonderful opportunity to purchase a 3 unit multifamily property. Main house with a separate unit upstairs accessed on side of house. 3rd unit (559 W 21st) is a 2 level unit with 1 bedroom and separate room that could be used as a closet. New roof installed recently. Incredible location near College Hill. Do Not Disturb Tenants.

Last Agent to Sell the Property

Jessica Johnston

RE/MAX Integrity License #961000024 Listed on: 06/23/2020

RE/MAX Integrity

Last Buyer's Agent

Amanda Switzer

Keller Williams Realty Eugene and Springfield License #201205323

Keller Williams Realty Eugene and Springfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,581

Year Built

  • Built in 1952

Lot Details

  • 8,538

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Attic

  • Storage In Attic

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas

Additional Features

  • Crawl Space
  • Corner Lot

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 0616621

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $7,882
  • Gross Income $32,370
  • Net Operating Income $32,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,581

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1952
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 455000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-1
  • Parcel #: 0616621

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 4581.41

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.18
  • Annual Gross Income: 32370.0
  • Property Net Operating Income: 32370.0
  • Annual Operating Expense: 7882.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2021
Sold by
Kirwan Michael A and Kirwan Carol
Bought by
Kirwan Michael Alan and Kirwan Carol Lynn
Current Estimated Value
$607,598

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 27, 2020
Sold by
Loomis Cameron R and Loomis Amberly L
Bought by
Kirwan Michael A and Kirwan Carol
Seller's Agent
Jessica Johnston
RE/MAX Integrity
Buyer's Agent
Amanda Switzer
Keller Williams Realty Eugene and Springfield
List Price
$524,000
Sold Price
$455,000
Premium/Discount to List
-$69,000
-13.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Loomis Cameron R
Bought by
Loomis Cameron R and Loomis Amberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,632
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2002
Sold by
Griffiths William S and Hubbard Jill
Bought by
Loomis Cameron R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
6.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kirwan Michael Alan -- None Available
Kirwan Michael A $455,000 Cascade Title Co
Loomis Cameron R -- Cascade Title Company
Loomis Cameron R $236,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loomis Cameron R $237,632
Previous Owner Loomis Cameron R $188,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $455,000 -0.9% $428 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/11/2020 07/11/20 Price Changed $459,000 -12.4% $432 / Sq Ft
06/23/2020 06/23/20 For Sale $524,000 -- $493 / 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 $5,440 $279,195 -- --
2024 $5,372 $271,064 -- --
2023 $5,372 $263,169 $0 $0
2022 $5,033 $255,504 $0 $0
2021 $4,727 $248,063 $0 $0
2020 $4,744 $240,838 $0 $0
2019 $4,581 $233,824 $0 $0
2018 $4,312 $220,402 $0 $0
2017 $4,119 $220,402 $0 $0
2016 $4,017 $213,983 $0 $0
2015 $3,902 $207,750 $0 $0
2014 $3,823 $201,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20224400

Regional Multiple Listing Service (RMLS)

APN: 0616621