$525,000
SOLD JAN 31, 2025
-- Bed
-- Bath
2,512 Sq Ft
6,969 Sq Ft Lot

Recently Sold

$209 Per Sq Ft

38 Days on Market

Highlights

  • Heating unit installed on the ceiling
  • 2 Car Garage
  • Level Lot
  • Spencer Butte Middle School Rated A-
  • High Speed Internet

About This Home

As of January 2025

This South Eugene duplex is a stellar rental with plenty of off street parking for each unit, two floors for separation of space in 1,250+ square feet each side, one-care garages, 1.5 bathrooms, utility room with hook-ups, Some laminate & carpet in each unit, small yard space, plus easy access to schools, grocery, and public transportation. PLUS vaulted ceilings in the living rooms, fenced yards, and solar power to help off-set electric bills too. Lot to the north of the property is also included - buyer to gather due diligence for allowed usage or expansion. The current owners have self-managed this property for decades, but it is time to sell!

Last Agent to Sell the Property

Charles Wetherald

Worthland Real Estate Brokerage Email: Chuck@WorthlandRealEstate.com License #200402110 Listed on: 12/02/2024

Last Buyer's Agent

Charles Wetherald

Worthland Real Estate Brokerage Email: Chuck@WorthlandRealEstate.com License #200402110 Listed on: 12/02/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,479

Year Built

  • Built in 1977

Lot Details

  • 6,969 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0643021

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,479
  • Gross Income $41,880
  • Net Operating Income $36,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,479

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1977
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 0643021
  • Assessor Parcel Number 2: 1350857

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5479.09

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.54
  • Annual Gross Income: 41880.0
  • Property Net Operating Income: 36401.0
  • Annual Operating Expense: 5479.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Jan 29, 2025
Sold by
Joyce D Summers Revocable Living Trust and Summers Joyce D
Bought by
Wetherald Charles and Chuck Wetherald 401K Plan
Seller's Agent
Charles Wetherald
Worthland Real Estate
Buyer's Agent
Charles Wetherald
Worthland Real Estate
List Price
$525,000
Sold Price
$525,000
Views
59
Current Estimated Value
$534,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,220
Avg. Annual Appreciation
13.58%
Original Mortgage
$435,400
Outstanding Balance
$413,439
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$151,801
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 Type Sale Price Title Company
Warranty Deed -- Cascade Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $525,000 0.0% $209 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $525,000 -- $209 / 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
2024 $5,479 $276,462 -- --
2023 $5,479 $268,410 $0 $0
2022 $5,133 $260,593 $0 $0
2021 $4,821 $253,003 $0 $0
2020 $4,838 $245,634 $0 $0
2019 $4,673 $238,480 $0 $0
2018 $4,398 $224,790 $0 $0
2017 $4,201 $224,790 $0 $0
2016 $4,062 $218,243 $0 $0
2015 $3,846 $211,886 $0 $0
2014 $3,790 $205,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24375454

Regional Multiple Listing Service (RMLS)

APN: 0643021