NOT LISTED FOR SALE

Estimated Value: $657,000 - $739,434

4 Beds
5 Baths
4,081 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $693,000 $170 Per Sq Ft

Current estimated payment $4,168/month

244 Days on Market

Highlights

  • Mountain View
  • 2 Car Attached Garage
  • Level Lot
  • Adams Elementary School Rated A-
  • Hot Water Heating System

About This Home

As of May 2024

College Hill INVESTMENT property with 3 units on a corner lot! Great views in the main unit with full upper studio. Main unit has a wood burning fireplace, carpet, dining area, balcony, mud room w/washer-Dryer & one car garage. Bottom unit has non-working fireplace, new wood laminate flooring and retro metal cabinets in the kitchen. Roof was new around 2017. Updated electrical. Close to Friendly Street Area.

Last Agent to Sell the Property

Sherri Smith

Smith Realty Group Brokerage Email: Sherri@smithrealtygroup.net License #200502237 Listed on: 05/30/2023

Last Buyer's Agent

Bob Hutchings

Hybrid Real Estate License #201209261

Hybrid Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 4,081 Sq Ft Home
  • Mountain Views

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 0621886

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $5,400
  • Gross Income $47,532
  • Net Operating Income $42,132

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,868

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1956
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Attic,Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Stucco
  • Lot Size: 5,000 to 6,999 SqFt
  • View: Yes
  • Lot Features: Level, Sloped
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Shingle
  • View: Mountain

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

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

Schools

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

Lot Info

  • Zoning: R1
  • Parcel #: 0621886

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5867.76

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.25
  • Annual Gross Income: 47532.0
  • Property Net Operating Income: 42132.0
  • Annual Operating Expense: 5400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
May 6, 2024
Sold by
Wells Eddie K
Bought by
Hutchings Robert E
Seller's Agent
Sherri Smith
Smith Realty Group
Buyer's Agent
Bob Hutchings
Hybrid Real Estate
List Price
$725,000
Sold Price
$693,000
Premium/Discount to List
-$32,000
-4.41%
Views
253
Current Estimated Value
$690,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,641
Avg. Annual Appreciation
1.38%
Original Mortgage
$715,869
Outstanding Balance
$700,031
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$6,105
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
Hutchings Robert E $683,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchings Robert E $715,869
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $693,000 -4.4% $170 / Sq Ft
04/15/2024 04/15/24 Price Changed $725,000 0.0% $178 / Sq Ft
04/15/2024 04/15/24 For Sale $725,000 +3.7% $178 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/10/2024 01/10/24 Pending -- -- --
11/27/2023 11/27/23 For Sale $699,000 0.0% $171 / Sq Ft
11/17/2023 11/17/23 For Sale $699,000 0.0% $171 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $699,000 -2.8% $171 / Sq Ft
05/30/2023 05/30/23 For Sale $719,000 -- $176 / 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
2024 $6,263 $316,039 -- --
2023 $6,263 $306,834 $0 $0
2022 $5,868 $297,898 $0 $0
2021 $5,511 $289,222 $0 $0
2020 $5,531 $280,799 $0 $0
2019 $5,342 $272,621 $0 $0
2018 $5,028 $256,972 $0 $0
2017 $4,803 $256,972 $0 $0
2016 $4,684 $249,487 $0 $0
2015 $4,549 $242,220 $0 $0
2014 $4,457 $235,165 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23641178

Regional Multiple Listing Service (RMLS)

APN: 0621886