NOT LISTED FOR SALE

3331 Umpqua Highway 99 Drain, OR 97435

Estimated Value: $611,000 - $673,000

6 Beds
3 Baths
3,885 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $597,000 $154 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,705/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Private Lot
  • Landscaped with Trees
  • View of Trees or Woods
  • Ductless Heating Or Cooling System
  • 4 Car Garage

About This Home

As of May 2024

Two very nice homes on 2.25 acres! 2 stick-built, remodeledhomes, each with their own garages on level, use-able land in Drain, only 35 minutes to Eugene. Rental income on 4 bedroom approx $1700/month; rental income on 3 bedroom approx $1600/month. Are you looking for a duplex, a multi-generational homestead or investment property? Look no further! The possibilities are endless! The first stick-built home has 4 bedrooms, 2 baths, kitchen, living room, office, laundry room and detached 20x30 garage. (2 of the bedrooms are upstairs, each with their own walk-in closet and with forced-air heat). The second stick-built home is a one-level, ranch style with 3 bedrooms, 2 baths, kitchen, living room, laundry room and attached 2 car garage. The homes share a high-volume well with underground storage. Each home has been remodeled with updated paint, roofs, appliances, flooring and HVAC. Each features LED lighting and ductless heating and air-conditioning. Lush, great silty loam soil. Zoned AW, great for farm or forest or nursery or roadside stand. Bring your RV, your animals, your garden and make this special property your new home!

Last Agent to Sell the Property

Julie Bancroft

The Neil Company Real Estate License #201213035 Listed on: 04/01/2024

The Neil Company Real Estate

Last Buyer's Agent

Julie Bancroft

The Neil Company Real Estate License #201213035 Listed on: 04/01/2024

The Neil Company Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 2.25 Acre Lot
  • Private Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 4 Car Garage
  • RV Access or Parking

Property Views

  • Woods
  • Mountain
  • Seasonal

Home Design

  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,885 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • North Douglas Elementary And Middle School
  • North Douglas High School

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Well
  • Septic Tank

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R21231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,604

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1953
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 597000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, Other
  • Storage: Attached,Garage
  • Lot Size Range: Acres1to3

Exterior Features

  • Exterior Description: Other
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Level, Private, Seasonal, Trees
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Mountain,Seasonal,TreesWoods

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling: HeatPump, MiniSplit
  • Cooling Y N: Yes
  • Heating: Ductless, HeatPump, MiniSplit
  • Heating Yn: Yes
  • Sewer: StandardSeptic
  • Water Source: Well

Schools

  • Elementary School: North Douglas
  • High School: North Douglas
  • Middle Or Junior School: North Douglas

Lot Info

  • Zoning: AW
  • Lot Size Acres: 2.25
  • Lot Size Sq Ft: 98010.0
  • Parcel #: R21231

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3603.73
  • Tax Other Annual Assessment Amount: 66.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 13, 2024
Sold by
Drain Properties Llc
Bought by
Stewart Melissa Ann and David Higbee Stewart Jordan
Seller's Agent
Julie Bancroft
The Neil Company Real Estate
Buyer's Agent
Julie Bancroft
The Neil Company Real Estate
List Price
$599,990
Sold Price
$597,000
Premium/Discount to List
-$2,990
-0.5%
Views
35
Current Estimated Value
$640,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,922
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Jan 17, 2017
Sold by
Wells Fargo Bank National Association
Bought by
Nancy Armstrong Llc

Purchase Details

Closed on
Oct 25, 2016
Sold by
Heckathorn Grace and Hoeffler Christopher
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 29, 2016
Sold by
Heckathorn Grace and Hoeffler Christopher
Bought by
Wells Fargo Bank National Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stewart Melissa Ann $597,000 Western Title
Nancy Armstrong Llc $151,824 Western Title
Wells Fargo Bank National Association $148,700 None Available
Wells Fargo Bank National Association $148,700 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Off Market $597,000 -- --
05/15/2024 05/15/24 Sold $597,000 -0.5% $154 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $599,990 -- $154 / 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
2025 $4,040 $381,762 -- --
2024 $3,701 $351,328 -- --
2023 $3,604 $341,096 $0 $0
2022 $3,500 $331,162 $0 $0
2021 $3,406 $321,517 $0 $0
2020 $3,305 $312,153 $0 $0
2019 $3,211 $303,062 $0 $0
2018 $3,122 $294,235 $0 $0
2017 $2,907 $285,666 $0 $0
2016 $2,822 $277,346 $0 $0
2015 $2,740 $269,268 $0 $0
2014 $2,680 $261,426 $0 $0
2013 -- $253,812 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24468231

Regional Multiple Listing Service (RMLS)

APN: R21231