NOT LISTED FOR SALE

3315 Olive St Eugene, OR 97405

Crest Drive Neighborhood

Estimated Value: $442,105 - $655,000

4 Beds
2 Baths
2,358 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $435,000 $184 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,402/month

24 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • 4 Car Garage
  • Adams Elementary School Rated A-
  • Cooling Available
  • High Speed Internet

About This Home

As of February 2024

3315 and 3305 Olive Street. Distressed duplex with unlimited potential. Located in a great South Eugene area, close to shopping, restaurants and Morse Ranch Park with dog play area. Located in South Eugene School district. 3315 Olive is vacant. Both units have curb cuts on Olive Street to garages and off street parking, plus a curb cut off Crest Drive to the back area and additional parking. Middle Housing may allow for an additional unit. Buyer responsible for due diligence. The roof is a TPO Membrane in good condition.

Last Agent to Sell the Property

Rosemary Crieger

Crieger Goodwin RE Sales Brokerage Email: rosemary@criegergoodwin.com License #790400273 Listed on: 01/05/2024

Last Buyer's Agent

Hannah Clotere

ICON Real Estate Group License #970800078

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,610

Year Built

  • Built in 1970

Lot Details

  • Corner Lot

Home Design

  • Fixer Upper
  • Rubber Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,358 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Car Garage
  • RV Access or Parking

Schools

  • Adams Elementary School
  • Spencer Butte Middle School
  • South Eugene High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0981330

Community Details

Overview

  • 2 Units
  • Southwest Hills Subdivision

Building Details

  • Operating Expense $5,700
  • Gross Income $10,740
  • Net Operating Income $10,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,610

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1970
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached,Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Rubber

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Adams
  • High School: South Eugene
  • Middle Or Junior School: Spencer Butte

Lot Info

  • Zoning: R-1
  • Parcel #: 0981330

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5609.81

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 41.9
  • Annual Gross Income: 10740.0
  • Property Net Operating Income: 10740.0
  • Annual Operating Expense: 5700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 26, 2024
Sold by
Scott James F
Bought by
Annis Exchange Llc
Seller's Agent
Rosemary Crieger
Crieger Goodwin RE Sales
Buyer's Agent
Hannah Clotere
ICON Real Estate Group
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%
Views
23
Current Estimated Value
$524,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,526
Avg. Annual Appreciation
7.51%
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
Annis Exchange Llc $435,000 Cascade Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $435,000 -8.4% $184 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $475,000 -- $201 / 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 $5,756 $281,998 $0 $0
2022 $5,393 $273,785 $0 $0
2021 $5,065 $265,811 $0 $0
2020 $5,083 $258,069 $0 $0
2019 $4,909 $250,553 $0 $0
2018 $4,621 $236,171 $0 $0
2017 $4,414 $236,171 $0 $0
2016 $4,140 $229,292 $0 $0
2015 $4,022 $222,614 $0 $0
2014 $3,967 $216,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rosemary Crieger

    Seller's Agent in 2024

    Rosemary Crieger

    Crieger Goodwin RE Sales

    (541) 686-2855

    1 in this area

    35 Total Sales

    Rosemary Crieger
    Section Image
  • Hannah Clotere

    Buyer's Agent in 2024

    Hannah Clotere

    ICON Real Estate Group

    (541) 543-9345

    4 in this area

    67 Total Sales

    Hannah Clotere
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24511530

Regional Multiple Listing Service (RMLS)

APN: 0981330

Oregon Lane County Eugene 97405 Crest Drive

3315 Olive St, Eugene, OR

This home is located at 3315 Olive St, Eugene, OR 97405 since 05 January 2024 and is currently estimated at $524,526, approximately $222 per square foot. This property was built in 1970. 3315 Olive St is a home located in Lane County with nearby schools including Adams Elementary School, Spencer Butte Middle School, and South Eugene High School.

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