NOT LISTED FOR SALE

Estimated Value: $531,000 - $562,000

4 Beds
3 Baths
2,978 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $556,000 $187 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,428/month

252 Days on Market

Highlights

  • Property is near Portland Streetcar
  • Secluded Lot
  • Ductless Heating Or Cooling System
  • Adams Elementary School Rated A-
  • Territorial View
  • 5-minute walk to Friendly City Park

About This Home

As of May 2024

Well-maintained and updated duplex in the sought-after Friendly Street neighborhood. The combination of natural light and thoughtful design ensures both units remain bright and inviting throughout the day. Updated interiors, stainless appliances, tile, and fresh paint are showcased in each unit. Unit 2755, on the left, offers gorgeous hardwood floors, two updated bathrooms, and two bright and airy bedrooms. A bonus room features its own deck and exterior entrance. Unit 2765, on the right, presents an open kitchen, updated bathroom, hardwood flooring, new interior paint, spacious bedrooms, and direct access to its own fenced yard. Both units have a dedicated garage with parking and fenced yards. Located in the vibrant, highly sought, Friendly Area Neighborhood of South Eugene, this property benefits from excellent access, mature trees, and a peaceful atmosphere. The Friendly Street neighborhood is known for its charm, convenience, and its thriving community. This is an excellent investment opportunity. Please do not disturb tenants in Unit 2755.

Last Agent to Sell the Property

Mackenzi Spear

Kelly Right Real Estate of Portland, LLC License #201221110 Listed on: 08/22/2023

Co-Listed By

Melissa Burman

Kelly Right Real Estate of Portland, LLC License #201248389

Last Buyer's Agent

Deb Bean Strickland

RE/MAX Integrity License #940600032

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • Secluded Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,978 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Parking

  • 2 Car Garage
  • Assigned Parking

Location

  • Property is near Portland Streetcar

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0626034

Community Details

Overview

  • 2 Units
  • Friendly Area Neighbors Subdivision
  • Property managed by Nest West Properties LLC

Building Details

  • Operating Expense $4,082
  • Gross Income $47,400
  • Net Operating Income $43,318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,082

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Secluded, StreetCar
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management Name: Nest West Properties LLC

Schools

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

Lot Info

  • Zoning: R-1
  • Parcel #: 0626034

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4081.69

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.02
  • Annual Gross Income: 47400.0
  • Property Net Operating Income: 43318.0
  • Annual Operating Expense: 4082.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
May 22, 2024
Sold by
Friendly Park Llc
Bought by
Ellis Charles W
Seller's Agent
Mackenzi Spear
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Deb Bean Strickland
RE/MAX Integrity
List Price
$599,999
Sold Price
$556,000
Premium/Discount to List
-$43,999
-7.33%
Views
187
Current Estimated Value
$550,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,957
Avg. Annual Appreciation
-1.00%
Original Mortgage
$506,887
Outstanding Balance
$502,521
Interest Rate
6.88%
Mortgage Type
VA
Estimated Equity
$47,522

Purchase Details

Closed on
May 6, 2022
Sold by
Trust For The Benefit Of The Children Of
Bought by
Harrison Lori M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2002
Sold by
Green Marla Davis
Bought by
Cohen Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.52%

Purchase Details

Closed on
May 20, 2002
Sold by
Green Toby
Bought by
Green Marla D

Purchase Details

Closed on
Nov 2, 2000
Sold by
Green Toby
Bought by
Green Marla D and Green Toby
Source: Public Records

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Range of Values:

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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
Ellis Charles W $556,000 Cascade Title
Harrison Lori M $382,500 Cascade Title
Cohen Martin $160,000 Western Pioneer Title Co
Green Marla D -- Western Pioneer Title Co
Green Marla D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Charles W $506,887
Previous Owner Harrison Lori M $420,000
Previous Owner Cohen Martin $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $556,000 -2.4% $187 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $569,900 -1.6% $191 / Sq Ft
03/22/2024 03/22/24 Price Changed $579,000 -3.5% $194 / Sq Ft
02/09/2024 02/09/24 For Sale $599,999 0.0% $201 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
10/02/2023 10/02/23 Price Changed $599,999 -3.2% $201 / Sq Ft
08/22/2023 08/22/23 For Sale $619,900 +25.2% $208 / Sq Ft
09/30/2021 09/30/21 Sold $495,000 0.0% $211 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $495,000 -- $211 / 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 $4,357 $213,438 $0 $0
2022 $4,082 $207,222 $0 $0
2021 $3,834 $201,187 $0 $0
2020 $3,847 $195,328 $0 $0
2019 $4,278 $189,639 $0 $0
2018 $3,498 $178,753 $0 $0
2017 $3,056 $163,528 $0 $0
2016 $2,980 $158,765 $0 $0
2015 $2,895 $154,141 $0 $0
2014 $2,837 $149,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23324199

Regional Multiple Listing Service (RMLS)

APN: 0626034