NOT LISTED FOR SALE

25182 E Broadway Ave Veneta, OR 97487

Estimated Value: $2,410,240

2 Beds
2 Baths
-- Sq Ft
0.94 Acres

Last Sold December 15, 2017

Last sale price $1,370,000

Est. 76% increase in value since last sale

Current estimated payment $14,825/month

38 Days on Market

Highlights

  • Storage
  • Guest Parking
  • Level Lot

About This Home

As of December 2017

Fantastic opportunity for low vacancy multi-family units in Eugene's bedroom community of Veneta. Made up of 5 buildings, 4 buildings with townhouse style units and one on-site laundry building with maintenance and tenant storage.Near Veneta Elementary and walking distance to retail stores and the Veneta Community Pool

Last Agent to Sell the Property

Darren Stone

Jennings Group Inc License #201006104 Listed on: 08/01/2017

Last Buyer's Agent

Stephen Malfa

Real Broker License #201211048

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,153

Year Built

  • Built in 1970

Lot Details

  • 0.94

Parking

  • Guest Parking

Home Design

  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Storage
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 16 Units
  • Common Area

Listing and Financial Details

  • Rent includes trash collection, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,153

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 1970
  • Remarks Public: Fantastic opportunity for low vacancy multi-family units in Eugene's bedroom community of Veneta. Made up of 5 buildings, 4 buildings with townhouse style units and one on-site laundry building with maintenance and tenant storage.Near Veneta Elementary and walking distance to retail stores and the Veneta Community Pool
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 01700
  • Basement: Crawl Space
  • Storage: Attached, Garage(s)

Exterior Features

  • Exterior Description: Cement Siding, Wood Composite
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Guest, Off Site

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling

Condo/Co-op/Association

  • Common Amenities: Commons, Laundry
  • Unit Features: Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Veneta
  • Middle School: Fern Ridge
  • High School: Elmira

Lot Info

  • Lot Description: Commons, Level
  • Zoning: GR

Rental Info

  • Rent Includes: Trash Collection, Maintenance Grounds

Tax Info

  • Tax Amount: 13571.18
  • Assessor Parcel Number: 501989

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 16
  • Gross Rent Multiplier: 10.44

MLS Schools

  • Elementary School: Veneta
  • High School: Elmira
  • Middle School: Fern Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Dec 15, 2017
Sold by
Dynasty Holdings Llc
Bought by
Fine Wine Homes Llc
Seller's Agent
Darren Stone
Jennings Group Inc
Buyer's Agent
Stephen Malfa
Real Broker
List Price
$1,450,000
Sold Price
$1,370,000
Premium/Discount to List
-$80,000
-5.52%
Current Estimated Value
$2,410,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,240
Avg. Annual Appreciation
7.66%
Original Mortgage
$870,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 1, 2017
Closed on
Dec 14, 2017
Sold by
Dynasty Holdings Llc
Bought by
Fine Wine Homes Llc
Seller's Agent
Darren Stone
Jennings Group Inc
Buyer's Agent
Stephen Malfa
Real Broker
List Price
$1,450,000
Sold Price
$1,370,000
Premium/Discount to List
-$80,000
-5.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 13, 2014
Closed on
Feb 13, 2015
Sold by
Schulz Dana and Schulz Barbara
Bought by
Dynasty Holdings Llc
Seller's Agent
Brad Anderson
Brad Anderson Real Estate
Buyer's Agent
Darren Stone
Jennings Group Inc
List Price
$1,075,000
Sold Price
$1,025,000
Premium/Discount to List
-$50,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$725,000
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 8, 2005
Sold by
Barton Frank M and Barton Ruth M
Bought by
Schulz Dana R and Schulz Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2000
Sold by
Te Morrell Chester H and Morrell Revocable Trust
Bought by
Barton Frank M and Barton Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
7.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 25, 2000
Sold by
Web Service Company Inc
Bought by
Morell Dr C H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
7.89%
Mortgage Type
Seller Take Back
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
Fine Wine Homes Llc $1,370,000 Cascade Title Co
Fine Wine Homes Llc -- Cascade Title
Dynasty Holdings Llc $1,025,000 Cascade Title Company
Schulz Dana R $960,000 First American Title
Barton Frank M $522,500 Fidelity National Title Ins
Morell Dr C H -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fine Wine Homes Llc $1,300,000
Closed Fine Wine Homes Llc $870,000
Closed Fine Wine Homes Llc $870,000
Previous Owner Dynasty Holdings Llc $725,000
Previous Owner Schulz Dana R $2,333,000
Previous Owner Barton Frank M $115,000
Previous Owner Barton Ruth M $0
Previous Owner Barton Ruth M $75,000
Previous Owner Schulz Dana R $768,000
Previous Owner Barton Frank M $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $1,370,000 -5.5% --
09/08/2017 09/08/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $1,450,000 +41.5% --
02/18/2015 02/18/15 Sold $1,025,000 -4.7% $68 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
11/13/2014 11/13/14 For Sale $1,075,000 -- $72 / 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
2023 $18,153 $921,415 $0 $0
2022 $17,022 $894,578 $0 $0
2021 $15,928 $868,523 $0 $0
2020 $15,505 $843,227 $0 $0
2019 $15,108 $818,667 $0 $0
2018 $14,623 $771,673 $0 $0
2017 $14,074 $771,673 $0 $0
2016 $13,571 $749,197 $0 $0
2015 $13,351 $727,376 $0 $0
2014 $13,049 $706,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17234315

Regional Multiple Listing Service (RMLS)

APN: 0501989