NOT LISTED FOR SALE

2299 Donovan Dr Eugene, OR 97401

Cal Young Neighborhood

Estimated Value: $626,000 - $723,000

4 Beds
2 Baths
2,502 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $555,000 $222 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,162/month

249 Days on Market

Highlights

  • Private Lot
  • Laundry Facilities
  • Lap Siding
  • Zoned Heating
  • High Speed Internet

About This Home

As of May 2023

Non-conforming 4-plex with a HUGE yard & potential for many different ways to maximize your investment. This could easily be a super-sized single family home or just keep the income coming in with additional development opportunity (?) on such a big lot. Wonderful landscaping, paved driveway, nice Ferry Street Bridge neighborhood with excellent schools & close proximity to everything in Eugene. Solar panels too! Owner may carry. Please do not disturb the tenants. Showing may require 24+ notice.

Last Agent to Sell the Property

Charles Wetherald

Worthland Real Estate License #200402110 Listed on: 05/20/2022

Last Buyer's Agent

Brent Cole

Triple Oaks Realty LLC License #200607178

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,766

Year Built

  • Built in 1938

Lot Details

  • Private Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding

Parking

  • Carport
  • Paved Parking

Schools

  • Willagillespie Elementary School
  • Cal Young Middle School
  • Sheldon High School

Utilities

  • No Cooling
  • Zoned Heating
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 0155745

Community Details

Building Details

  • Operating Expense $10,501
  • Gross Income $34,666
  • Net Operating Income $24,165

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,766

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1938
  • Property Condition: Approximately
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Current Price For Status: 555000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Lot Features: Level, Private
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Internet Service Type: Cable
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Willagillespie
  • High School: Sheldon
  • Middle Or Junior School: Cal Young

Lot Info

  • Zoning: R1
  • Parcel #: 0155745

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 6765.79

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 16.59
  • Annual Gross Income: 34666.0
  • Property Net Operating Income: 24165.0
  • Annual Operating Expense: 10501.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
2299 Donovan Drive Llc
Bought by
William M Dwyer Trust and Dwyer
Current Estimated Value
$671,945

Purchase Details

Listed on
May 20, 2022
Closed on
May 11, 2023
Sold by
Joyce D Summers Revocable Living Trust
Bought by
2299 Donovan Drive Llc
Seller's Agent
Charles Wetherald
Worthland Real Estate
Buyer's Agent
Brent Cole
Triple Oaks Realty LLC
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$430,000
Interest Rate
6.32%
Mortgage Type
New Conventional
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
William M Dwyer Trust -- None Listed On Document
2299 Donovan Drive Llc $555,000 Cascade Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2299 Donovan Drive Llc $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $555,000 -3.5% $222 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
11/17/2022 11/17/22 For Sale $575,000 +3.6% $230 / Sq Ft
11/16/2022 11/16/22 Off Market $555,000 -- --
06/20/2022 06/20/22 For Sale $575,000 0.0% $230 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $575,000 -- $230 / 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 $7,786 $399,616 -- --
2024 $7,689 $387,977 -- --
2023 $7,689 $376,677 $0 $0
2022 $7,203 $365,706 $0 $0
2021 $6,766 $355,055 $0 $0
2020 $6,790 $344,714 $0 $0
2019 $6,557 $334,674 $0 $0
2018 $6,172 $315,463 $0 $0
2017 $5,896 $315,463 $0 $0
2016 $5,682 $306,275 $0 $0
2015 $5,541 $297,354 $0 $0
2014 $5,451 $288,693 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Charles Wetherald

    Seller's Agent in 2023

    Charles Wetherald

    Worthland Real Estate

    (541) 729-9971

    6 in this area

    86 Total Sales

    Charles Wetherald
    Section Image
  • Brent Cole

    Buyer's Agent in 2023

    Brent Cole

    Triple Oaks Realty LLC

    (541) 556-5093

    17 in this area

    176 Total Sales

    Brent Cole
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22516662

Regional Multiple Listing Service (RMLS)

APN: 0155745

Oregon Lane County Eugene 97401 Cal Young

2299 Donovan Dr, Eugene, OR

Not Listed for Sale

MultiFamily

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