NOT LISTED FOR SALE

2121 W 16th Ct Eugene, OR 97402

Far West Neighborhood

Estimated Value: $470,809 - $736,000

8 Beds
4 Baths
2,100 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 07, 2012

Last sale price $259,900 $124 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,403/month

Highlights

  • Fitness Center
  • Baseboard Heating
  • Laundry Facilities
  • Tanning Salon

About This Home

As of March 2012

This home is located at 2121 W 16th Ct, Eugene, OR 97402 since 27 December 2011 and is currently estimated at $586,952, approximately $279 per square foot. This property was built in 1960. 2121 W 16th Ct is a home located in Lane County with nearby schools including Cesar Chavez Elementary School, Arts And Technology Academy At Jefferson, and Churchill High School.

Last Agent to Sell the Property

Michael O'Connell

O'Connell & Associates LLC License #780301608 Listed on: 12/27/2011

Last Buyer's Agent

David Koester

Rain Dance Real Estate License #950300219

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1960

Lot Details

  • 3,485

Parking

  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property

Schools

  • Mccornack Elementary School
  • Kennedy Middle School
  • Churchill High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number 1841731

Community Details

Overview

  • 4 Units
  • Westmoreland Park Subdivision
  • Property managed by Jennings & Co

Amenities

  • Common Area
  • Tanning Salon
  • Laundry Facilities

Recreation

  • Fitness Center

Building Details

  • Operating Expense $9,169
  • Gross Income $28,864
  • Net Operating Income $18,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,207

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1960
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Slab
  • View: No
  • Lot Features: Commons
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Management Name: Jennings & Co
  • Community Features: Gym, Laundry, TanningBeds

Schools

  • Elementary School: McCornack
  • High School: Churchill
  • Middle Or Junior School: Kennedy

Lot Info

  • Zoning: Multi
  • Parcel #: 1841731

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 2207.1

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.0
  • Annual Gross Income: 28864.0
  • Property Net Operating Income: 18253.0
  • Annual Operating Expense: 9169.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2018
Sold by
Rainy Day Freedom Llc
Bought by
Westmoreland Village Llc
Current Estimated Value
$586,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$67,378
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$519,574

Purchase Details

Closed on
Apr 26, 2018
Sold by
Rainy Day Freedom Llc
Bought by
Westmoreland Village Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$67,378
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$519,574

Purchase Details

Listed on
Dec 27, 2011
Closed on
Mar 5, 2012
Sold by
Howschmid Llc
Bought by
Freedman Robbin D
Seller's Agent
Michael O'Connell
O'Connell & Associates LLC
Buyer's Agent
David Koester
Rain Dance Real Estate
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$159,900
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
Smith Gregory Todd
Bought by
Howschmid Llc

Purchase Details

Closed on
Sep 28, 2010
Sold by
Westmoreland Village Llc
Bought by
Smith Gregory Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,425
Interest Rate
4.35%
Mortgage Type
New Conventional
Source: Public Records

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
Westmoreland Village Llc $295,000 Cascade Title Co
Freedman Robbin D $259,900 Cascade Title Company
Howschmid Llc -- Cascade Title Company
Smith Gregory Todd $249,900 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westmoreland Village Llc $230,000
Previous Owner Freedman Robbin D $159,900
Previous Owner Smith Gregory Todd $187,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2012 03/07/12 Sold $259,900 0.0% $124 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
12/27/2011 12/27/11 For Sale $259,900 -- $124 / 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 $3,717 $190,783 -- --
2024 $3,671 $185,227 -- --
2023 $3,671 $179,833 $0 $0
2022 $3,439 $174,596 $0 $0
2021 $3,230 $169,511 $0 $0
2020 $3,242 $164,574 $0 $0
2019 $3,131 $159,781 $0 $0
2018 $2,947 $150,610 $0 $0
2017 $2,815 $150,610 $0 $0
2016 $2,745 $146,223 $0 $0
2015 $2,666 $141,964 $0 $0
2014 $2,612 $137,829 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael O'Connell

    O'Connell & Associates LLC

    (541) 912-3179

    1 in this area

    3 Total Sales

    Michael O'Connell
    Section Image

  • D

    Buyer's Agent in 2012

    David Koester

    Rain Dance Real Estate

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11355009

Regional Multiple Listing Service (RMLS)

APN: 1841731

Oregon Lane County Eugene 97402 Far West

2121 W 16th Ct, Eugene, OR

Not Listed for Sale

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