NOT LISTED FOR SALE

Estimated Value: $295,800 - $343,000

4 Beds
2 Baths
1,200 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $290,000 $242 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,900/month

2 Days on Market

Highlights

  • Storage
  • High Speed Internet
  • 1-Story Property
  • Property is near a bus stop
  • Level Lot

About This Home

As of May 2021

Rare, Westmoreland Duplex investment opportunity! Conveniently located on bus line, next to bike and running trails and located less than 3 miles from U of O. Enjoy a park-like setting with multiple playgrounds and common area. HOA dues include fitness center, event room, tanning bed, water, sewer and garbage. On-site laundry and management also available. Great amenities to attract tenants.

Last Agent to Sell the Property

Linnea Kittrell

TLC Realty License #200503282 Listed on: 04/24/2021

Co-Listed By

Jeremy Parmenter

TLC Realty License #200606399

Last Buyer's Agent

Tawnya Madsen

Eugene's Alternative License #200707195

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,485

Parking

  • Assigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Storage

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Level Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Existing
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Subdivision Plat: WESTMORELAND PARK LOT 50 TL 06500, RecordNo:
  • Basement: None
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Man Made
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: Cable, Wireless

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry, Weight Room
  • Unit Features: Dishwasher, Range, Refrigerator, Window Coverings

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 2199.39
  • Assessor Parcel Number: 1841079
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.80

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
Apr 24, 2021
Closed on
May 3, 2021
Sold by
Pelt Lee M Van
Bought by
Le Han and Bui Thoa
Seller's Agent
Linnea Kittrell
TLC Realty
Buyer's Agent
Tawnya Madsen
Eugene's Alternative
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%
Current Estimated Value
$322,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,524
Avg. Annual Appreciation
2.05%

Purchase Details

Listed on
Feb 16, 2020
Closed on
Mar 20, 2020
Sold by
Hicks Jared W
Bought by
Pelt Lee M Van
Seller's Agent
Jared Hicks
Next Phase Realty
Buyer's Agent
Stacy DeHart
Pellego, LLC
List Price
$245,000
Sold Price
$251,500
Premium/Discount to List
$6,500
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Original Mortgage
$188,625
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Hicks Jared
Bought by
Hicks Jared W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2011
Sold by
Westmoreland Village Llc
Bought by
Hicks Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
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
Le Han $290,000 Cascade Title Co
Pelt Lee M Van $251,500 First American
Hicks Jared W -- First American
Hicks Jared $139,900 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelt Lee M Van $188,625
Previous Owner Hicks Jared W $121,000
Previous Owner Hicks Jared $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $290,000 +5.5% $242 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $275,000 +9.3% $229 / Sq Ft
03/23/2020 03/23/20 Sold $251,500 +2.7% $217 / Sq Ft View Prior Sale
02/19/2020 02/19/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $245,000 -- $211 / 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 $129,446 -- --
2024 $2,491 $125,676 -- --
2023 $2,491 $122,016 $0 $0
2022 $2,333 $118,463 $0 $0
2021 $2,192 $115,013 $0 $0
2020 $2,199 $111,664 $0 $0
2019 $2,124 $108,412 $0 $0
2018 $1,999 $102,189 $0 $0
2017 $1,910 $102,189 $0 $0
2016 $1,863 $99,213 $0 $0
2015 $1,809 $96,323 $0 $0
2014 $1,773 $93,517 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21511310

Regional Multiple Listing Service (RMLS)

APN: 1841079