NOT LISTED FOR SALE

2165 W 16th Ave Eugene, OR 97402

Far West Neighborhood

Estimated Value: $310,762 - $362,000

4 Beds
2 Baths
1,160 Sq Ft
$290/Sq Ft Est. Value

Last Sold September 01, 2014

Last sale price $162,000 $140 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,953/month

91 Days on Market

Highlights

  • Waterfront
  • Views
  • Landscaped with Trees
  • Private Lot
  • Storage
  • Property is near bus stop

About This Home

As of September 2014

Rare opportunity to aquire a highly desirable Westmoreland duplexUnits are leased well into 2015.Good condition throughout,superb rental history, Well located.On site management.Community room & fitness center.Extremely reliable rental history

Last Agent to Sell the Property

Michael O'Connell

O'Connell & Associates LLC License #780301608 Listed on: 05/28/2014

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • Waterfront
  • Private Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Paved Parking
  • Assigned Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Additional Features

  • Property is near bus stop
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Jennings Group

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1160
  • Stories: 1
  • Year Built: 1960
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: No Basement, Slab
  • Legal Description: Subdivision Plat: WESTMORELAND PARK LOT 94 TL 109
  • Storage: Individual Storage Units, Locked

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Shingle
  • View: Mountain(s), Trees/Woods
  • Waterfront: Yes
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Security Lights, Sidewalk
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: Jennings Group
  • Management Phone: 541-342-1090
  • Common Amenities: Laundry, Recreation Facilities, Basketball Court
  • Unit Features: Dishwasher, Microwave, Range, Refrigerator

Lot Info

  • Lot Description: On Busline, Level, Private, Trees
  • Zoning: R-2

Tax Info

  • Tax Amount: 1724.37
  • Assessor Parcel Number: 1841517

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.11

MLS Schools

  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle School: Arts & Tech

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Aug 27, 2014
Sold by
Naumann John and Naumann Carol
Bought by
Sullivans Sea View Llc
Seller's Agent
Michael O'Connell
O'Connell & Associates LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$168,000
Sold Price
$162,000
Premium/Discount to List
-$6,000
-3.57%
Current Estimated Value
$336,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,691
Avg. Annual Appreciation
6.63%
Original Mortgage
$42,000
Interest Rate
4.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 3, 2010
Sold by
Westmoreland Village Llc
Bought by
Naumann John and Naumann Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,405
Interest Rate
4.18%
Mortgage Type
Seller Take Back
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
Sullivans Sea View Llc $162,000 Cascade Title Company
Naumann John $149,900 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sullivans Sea View Llc $42,000
Previous Owner Naumann John $32,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2014 09/01/14 Sold $162,000 -3.6% $140 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $168,000 -- $145 / 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 $2,522 $129,424 -- --
2024 $2,490 $125,655 -- --
2023 $2,490 $121,996 $0 $0
2022 $2,333 $118,443 $0 $0
2021 $2,191 $114,994 $0 $0
2020 $2,199 $111,645 $0 $0
2019 $2,124 $108,394 $0 $0
2018 $1,999 $102,172 $0 $0
2017 $1,910 $102,172 $0 $0
2016 $1,862 $99,196 $0 $0
2015 $1,809 $96,307 $0 $0
2014 $1,772 $93,502 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael O'Connell

    O'Connell & Associates LLC

    (541) 912-3179

    1 in this area

    3 Total Sales

    Michael O'Connell
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14167979

Regional Multiple Listing Service (RMLS)

APN: 1841517

Oregon Lane County Eugene 97402 Far West

2165 W 16th Ave, Eugene, OR

Not Listed for Sale

MultiFamily

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