NOT LISTED FOR SALE

3118 Richard Ave Unit 1 Eugene, OR 97402

Bethel Neighborhood

Estimated Value: $364,232 - $371,000

4 Beds
2 Baths
1,828 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2025

Last sale price $370,000 $202 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,243 / mo

120 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Wood Siding

About This Home

As of August 2025

This is a great opportunity for an owner occupied buyer or an investor. The duplex has been updated & maintained well by the owners. Both tenants are month to month & would like to stay. In 2018 the owner did: New siding & ext paint, new plumbing, new HVAC, new electrical & new appliances. Both units probably need interior paint & carpet.. Joint laundry room shared by both uints. Front unit has bonus room upstairs & larger yard.

Last Agent to Sell the Property

Tim Duncan

Tim Duncan Real Estate Brokerage Email: tim@timduncanre.com License #201208654 Listed on: 03/31/2025

Last Buyer's Agent

Tim Duncan

Tim Duncan Real Estate Brokerage Email: tim@timduncanre.com License #201208654 Listed on: 03/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 1947

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Metal Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 1,828 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Carport
  • Driveway

Schools

  • Fairfield Elementary School
  • Cascade Middle School
  • Willamette High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Rent includes electricity, gas, sewer, trashcollection, water
  • Assessor Parcel Number 1313418

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $22,800
  • Gross Income $25,200
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,256

Year Built

Built in 1947

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1947
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 370000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 4
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: ShakeSiding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Road Surface Type: Paved
  • Roof: Metal

Garage/Parking

  • Parking Description: Carport, Driveway
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Fairfield
  • High School: Willamette
  • Middle Or Junior School: Cascade

Lot Info

  • Zoning: C-2
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1313418

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3256.29

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.28
  • Annual Gross Income: 25200.0
  • Property Net Operating Income: 25200.0
  • Annual Operating Expense: 22800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
Aug 27, 2025
Sold by
Kasten Living Trust and Kasten Melissa
Bought by
Brondel Dianne
Seller's Agent
Tim Duncan
Tim Duncan Real Estate
Buyer's Agent
Tim Duncan
Tim Duncan Real Estate
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Views
301
Current Estimated Value
$368,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,942
Avg. Annual Appreciation
-0.82%
Original Mortgage
$151,000
Outstanding Balance
$151,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$217,058

Purchase Details

Closed on
Sep 1, 2005
Sold by
Madrone Enterprises Llc
Bought by
Lynde Lake Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 16, 2005
Sold by
Devereaux James R
Bought by
Madrone Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.7%
Mortgage Type
Seller Take Back
Source: Public Records
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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
Brondel Dianne $370,000 First American Title
Lynde Lake Investments Llc $375,000 Cascade Title Co
Madrone Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brondel Dianne $151,000
Previous Owner Lynde Lake Investments Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $370,000 -3.9% $202 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
06/03/2025 06/03/25 Price Changed $385,000 -3.7% $211 / Sq Ft
06/03/2025 06/03/25 Price Changed $399,900 +3.3% $219 / Sq Ft
06/03/2025 06/03/25 Price Changed $387,000 -3.2% $212 / Sq Ft
03/31/2025 03/31/25 For Sale $399,900 -- $219 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $3,341 $192,046 -- --
2024 $3,256 $186,453 -- --
2023 $3,256 $181,023 -- --
2022 $3,031 $175,751 $0 $0
2021 $2,967 $170,633 $0 $0
2020 $2,881 $165,664 $0 $0
2019 $2,739 $160,839 $0 $0
2018 $2,663 $151,607 $0 $0
2017 $2,545 $151,607 $0 $0
2016 $2,480 $147,191 $0 $0
2015 $2,431 $142,904 $0 $0
2014 $2,394 $138,742 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 102954631

Regional Multiple Listing Service (RMLS)

APN: 1313418

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