NOT LISTED FOR SALE

Estimated Value: $515,000 - $650,481

6 Beds
4 Baths
2,516 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $485,000 $193 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,643/month

57 Days on Market

Highlights

  • 2 Car Attached Garage
  • Level Lot
  • Wall Furnace
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding

About This Home

As of January 2024

Welcome to 2622/2624 Ross Ln, Eugene, OR 97404, a fantastic investment opportunity in the heart of Santa Clara. This meticulously maintained duplex offers two identical units, each featuring 3 bedrooms, 2 bathrooms, and a convenient 1-car garage. The property boasts an impressive rental history, making it an ideal choice for savvy investors. Inside, the open floorplan seamlessly connects the dining room, living room, and kitchen, providing a spacious and inviting atmosphere. Upstairs, all three bedrooms ensure privacy and comfort for residents. Outside, the fenced backyard with a patio offers a perfect spot for outdoor gatherings and relaxation. Enjoy the benefits of a prime location, combining a peaceful neighborhood vibe with easy access to local amenities. Don't miss this opportunity to own a well-crafted duplex in excellent condition. New paint and carpet.

Last Agent to Sell the Property

Josh Cooley

Keller Williams The Cooley Real Estate Group License #200709155 Listed on: 10/20/2023

Keller Williams The Cooley Real Estate Group

Co-Listed By

Shay Seimears

Keller Williams The Cooley Real Estate Group License #201238686

Last Buyer's Agent

Sandra Boyst

ICON Real Estate Group License #201208715

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,908

Year Built

  • Built in 1999

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Awbrey Park Elementary School
  • Madison Middle School
  • North Eugene High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1632981

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,000
  • Gross Income $32,400
  • Net Operating Income $25,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,908

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1999
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Brick,WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Awbrey Park
  • High School: North Eugene
  • Middle Or Junior School: Madison

Lot Info

  • Zoning: R2
  • Parcel #: 1632981

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5907.87

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.28
  • Annual Gross Income: 32400.0
  • Property Net Operating Income: 25400.0
  • Annual Operating Expense: 7000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Jan 9, 2024
Sold by
Lautaro Investments Llc
Bought by
Vazquez Gustavo Canchola
Seller's Agent
Josh Cooley
Keller Williams The Cooley Real Estate Group
Buyer's Agent
Sandra Boyst
ICON Real Estate Group
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
81
Current Estimated Value
$568,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,120
Avg. Annual Appreciation
11.20%
Original Mortgage
$335,000
Outstanding Balance
$330,435
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$237,685

Purchase Details

Closed on
Dec 1, 2010
Sold by
Hudson Poletta Sue
Bought by
Lautaro Investments Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Hudson Poletta Sue and Walls Cindy L
Bought by
Hudson Poletta Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
9.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2004
Sold by
Hudson Poletta Sue
Bought by
Hudson Poletta Sue and Walls Cindy L

Purchase Details

Closed on
Dec 18, 2003
Sold by
Brandon Nanci Jayne
Bought by
Hudson Poletta Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Vazquez Gustavo Canchola $485,000 Evergreen Land Title
Lautaro Investments Llc $213,500 Western Title & Escrow
Hudson Poletta Sue -- Evergreen Land Title Co
Hudson Poletta Sue -- Cascade Title Co
Hudson Poletta Sue $195,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Gustavo Canchola $335,000
Previous Owner Hudson Poletta Sue $248,000
Previous Owner Hudson Poletta Sue $45,000
Previous Owner Hudson Poletta Sue $152,500
Previous Owner Hudson Poletta Sue $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $485,000 -2.0% $193 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $495,000 -- $197 / 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 $6,062 $296,981 $0 $0
2022 $5,679 $288,332 $0 $0
2021 $5,334 $279,934 $0 $0
2020 $5,353 $271,781 $0 $0
2019 $5,170 $263,866 $0 $0
2018 $4,867 $248,719 $0 $0
2017 $4,649 $248,719 $0 $0
2016 $4,503 $241,475 $0 $0
2015 $4,403 $234,442 $0 $0
2014 $4,314 $227,614 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23681855

Regional Multiple Listing Service (RMLS)

APN: 1632981