NOT LISTED FOR SALE

Estimated Value: $598,000 - $752,138

3 Beds
4 Baths
2,281 Sq Ft
$284/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $585,000 $256 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,175/month

46 Days on Market

Highlights

  • City View
  • Corner Lot
  • Paneling
  • Edison Elementary School Rated A-
  • 4 Car Attached Garage
  • Landscaped with Trees

About This Home

As of February 2024

Rare university area hillside multi-family gem! Don't miss out on this perfect owner/student occupy with value add income or deferred tax investment opportunity. Fun period-modern design elements at home in their environment with fantastic tree filtered east campus living & patio views Upstairs flat vacating mid August, ready for you or your student to move in or capture improved market rent. Downstairs flat has great long term tenants. Expandable low maintence landscaping, BRAND NEW cement lap siding & exterior paint with periodic updates in and out. Vinyl windows. Premium roof is only 6 years old. Enjoy added benefit ownership in a fantastic neighborhood with the best of what Eugene and the University areas have to offer! Please do not disturb occupants. Interior photos taken prior to tenant move in and may not reflect exact or current condition.

Last Agent to Sell the Property

Matt Bryson

METCO Investment Realty Inc License #201209720 Listed on: 07/28/2023

Last Buyer's Agent

Jessica Richards

Triple Oaks Realty LLC License #201243841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,191

Year Built

  • Built in 1968

Lot Details

  • Corner Lot
  • Sloped Lot
  • Landscaped with Trees

Parking

  • 4 Car Attached Garage

Property Views

  • City
  • Woods

Home Design

  • Flat Roof Shape
  • Stem Wall Foundation
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,281 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 0590339

Community Details

Overview

  • 2 Units
  • Fairmont Subdivision
  • Property managed by Metco Investment Realty, Inc

Building Details

  • Operating Expense $11,268
  • Gross Income $31,380
  • Net Operating Income $20,112

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,191

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1968
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Deck,Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding,LapSiding,Panel
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter, StemWall
  • View: Yes
  • Lot Features: CornerLot, Sloped, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Flat
  • View: City,TreesWoods

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Metco Investment Realty, Inc
  • Management Phone: 541-683-9001

Schools

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

Lot Info

  • Zoning: R-1
  • Parcel #: 0590339

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 7190.97

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 19.92
  • Annual Gross Income: 31380.0
  • Property Net Operating Income: 20112.0
  • Annual Operating Expense: 11268.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Feb 2, 2024
Sold by
Ard Community Property And Separate Prop
Bought by
Johnson Phillip
Seller's Agent
Matt Bryson
METCO Investment Realty Inc
Buyer's Agent
Jessica Richards
Triple Oaks Realty LLC
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%
Views
77
Current Estimated Value
$648,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,785
Avg. Annual Appreciation
2.89%
Original Mortgage
$574,404
Outstanding Balance
$567,042
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$43,985

Purchase Details

Closed on
Mar 29, 1999
Sold by
Ard Marlin D and Ard Suzan B
Bought by
Ard Marlin D and Ard Suzan B

Purchase Details

Closed on
Jan 28, 1998
Sold by
Johnson Sandi L and Johnson Dwight W
Bought by
Ard Marlin D and Ard Suzan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.05%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Johnson Phillip $585,000 Western Title
Ard Marlin D -- --
Ard Marlin D $175,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Phillip $574,404
Previous Owner Ard Marlin D $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $585,000 -6.4% $256 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $625,000 -- $274 / 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 $7,676 $376,028 $0 $0
2022 $7,191 $365,076 $0 $0
2021 $6,754 $354,443 $0 $0
2020 $6,778 $344,120 $0 $0
2019 $6,546 $334,098 $0 $0
2018 $6,162 $314,919 $0 $0
2017 $5,866 $314,919 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23334684

Regional Multiple Listing Service (RMLS)

APN: 0590339