NOT LISTED FOR SALE

322 E 11th Ave Eugene, OR 97401

-- Bed
5 Baths
7,405 Sq Ft
7,449 Sq Ft Lot

Last Sold March 28, 2012

Last sale price $520,000 $70 Per Sq Ft

307 Days on Market

Highlights

  • Wood Burning Stove
  • Landscaped with Trees
  • Controlled Entrance
  • Edison Elementary School Rated A-
  • Property is near a bus stop
  • Wood Siding

About This Home

As of March 2012

Superb, large lot in a perfect East Eugene/Campus location. Architecturally perfect vintage pretention. Built in 1910, remodeled in 2003, 2004, and 2011. A novel Victorian building with immensely appealing aesthetics. Seller is a Licensed Realtor in the State of Oregon

Last Agent to Sell the Property

Michael O'Connell

O'Connell & Associates LLC License #780301608 Listed on: 03/30/2011

Last Buyer's Agent

Michael O'Connell

O'Connell & Associates LLC License #780301608 Listed on: 03/30/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 1900

Lot Details

  • 7,449

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 7,405 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove
  • Washer and Dryer Hookup

Parking

  • 12 Parking Spaces
  • Assigned Parking
  • Controlled Entrance

Schools

  • Roosevelt Middle School
  • South Eugene High School

Utilities

  • No Cooling
  • Heating Available
  • Electric Water Heater

Additional Features

  • Landscaped with Trees
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 0273746

Community Details

Overview

  • 6 Units
  • East Eugene / Campus Subdivision

Building Details

  • Operating Expense $17,640
  • Gross Income $60,372
  • Net Operating Income $40,318

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,192

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 1900
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Basement
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: OnBusline, Trees
  • Disclosures: Disclosure
  • Roof: Shingle

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 12.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry
  • Cooling Y N: No
  • Heating: WoodStove
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: C-2
  • Parcel #: 0273746

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 9.11
  • Annual Gross Income: 60372.0
  • Property Net Operating Income: 40318.0
  • Annual Operating Expense: 17640.0

Tax Info

  • Tax Annual Amount: 5191.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2014
Sold by
Viramontes Jose
Bought by
Jmj Summit Llc
Total Days on Market
307

Purchase Details

Listed on
Mar 30, 2011
Closed on
Mar 27, 2012
Sold by
Oconnell Michael R
Bought by
Viramontes Jose
Seller's Agent
Michael O'Connell
O'Connell & Associates LLC
Buyer's Agent
Michael O'Connell
O'Connell & Associates LLC
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 20, 2004
Sold by
Divine J Roscoe and Lowell Greig K
Bought by
Oconnell Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.85%
Mortgage Type
Commercial
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
Jmj Summit Llc -- None Available
Viramontes Jose $520,000 Cascade Title Company
Oconnell Michael R $386,650 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Viramontes Jose $390,000
Previous Owner Oconnell Michael R $397,500
Previous Owner Oconnell Michael R $287,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2012 03/28/12 Sold $520,000 -9.6% $70 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
03/29/2011 03/29/11 For Sale $575,000 -- $78 / 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 $7,433 $412,950 $0 $0
2022 $6,964 $400,923 $0 $0
2021 $6,541 $389,246 $0 $0
2020 $6,564 $377,909 $0 $0
2019 $6,339 $366,902 $0 $0
2018 $6,767 $345,841 $0 $0
2017 $6,464 $345,841 $0 $0
2016 $6,303 $335,768 $0 $0
2015 $6,122 $325,988 $0 $0
2014 $5,999 $316,493 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11170416

Regional Multiple Listing Service (RMLS)

APN: 0273746