S
Seller's Agent in 2022
Sandy Pierce
Keller Williams Realty Eugene and Springfield
(541) 431-6480
1 in this area
8 Total Sales
3995 S E St Springfield, OR 97478
East Springfield NeighborhoodEstimated Value: $437,231 - $491,000
4
Beds
2
Baths
1,920
Sq Ft
$242/Sq Ft
Est. Value
Highlights
- Corner Lot
- Garage
- 1-Story Property
- Heating unit installed on the ceiling
About This Home
As of November 2022INVESTOR OPPORTUNITY OR LIVE IN ONE SIDE & RENT OTHER. Income earning corner lot duplex. Unit 3995 S E St is 3 bedroom, 1 bath, small extra room that can be an office or craft room, garage converted into 3rd bedroom. Unit 620 S 40th St is 2 bedroom, 1 bath with one car garage. Freshly painted exterior, new gate and improved landscape. Some interior improvements include paint, light figures, flooring, one dishwasher, one wall heater and two electrical panels. Buyer to verify square footage.
Last Agent to Sell the Property
Keller Williams Realty Eugene and Springfield License #201221620 Listed on: 07/08/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,174
Year Built
- Built in 1971
Lot Details
- Corner Lot
- Level Lot
Parking
- Garage
Home Design
- Composition Roof
- Plywood Siding Panel T1-11
Interior Spaces
- 1,920 Sq Ft Home
- 1-Story Property
- Crawl Space
Schools
- Douglas Gardens Elementary School
- Agnes Stewart Middle School
- Springfield High School
Utilities
- No Cooling
- Heating unit installed on the ceiling
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0125631
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $3,771
- Gross Income $22,600
- Net Operating Income $18,829
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2022
Closed on
Nov 3, 2022
Sold by
Ritter-Ries Wesley R
Bought by
Jenkins Emily Elizabeth and Fahnestock Raymond C
Seller's Agent
Sandy Pierce
Keller Williams Realty Eugene and Springfield
Buyer's Agent
Jennifer Kyser
Duncan Real Estate Group Inc
List Price
$490,000
Sold Price
$500,000
Premium/Discount to List
$10,000
2.04%
Views
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,692
Avg. Annual Appreciation
-2.43%
Original Mortgage
$490,943
Outstanding Balance
$475,010
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
-$9,702
Purchase Details
Closed on
Aug 2, 2005
Sold by
Cummings Terry and Cummings Judy
Bought by
Ritter Ries Wesley R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
5.46%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 11, 2004
Sold by
Wenrich Myron B
Bought by
Cummings Terry and Cummings Judy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 1999
Sold by
Hodgkinson Kenneth L and Hodgkinson M K
Bought by
Wenrich Myron B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.4%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jenkins Emily Elizabeth | $500,000 | Fidelity National Title | |
| Ritter Ries Wesley R | $192,500 | Fidelity National Title Insu | |
| Cummings Terry | $146,500 | Cascade Title Co | |
| Wenrich Myron B | $120,000 | Key Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jenkins Emily Elizabeth | $490,943 | |
| Previous Owner | Ritter Ries Wesley R | $3,000 | |
| Previous Owner | Ritter Ries Wesley R | $186,725 | |
| Previous Owner | Cummings Terry | $125,000 | |
| Previous Owner | Wenrich Myron B | $102,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Sold | $500,000 | +2.0% | $260 / Sq Ft |
| 09/25/2022 09/25/22 | Pending | -- | -- | -- |
| 09/21/2022 09/21/22 | For Sale | $490,000 | 0.0% | $255 / Sq Ft |
| 09/21/2022 09/21/22 | Price Changed | $490,000 | +2.1% | $255 / Sq Ft |
| 08/13/2022 08/13/22 | Pending | -- | -- | -- |
| 07/26/2022 07/26/22 | For Sale | $480,000 | -4.0% | $250 / Sq Ft |
| 07/26/2022 07/26/22 | Off Market | $500,000 | -- | -- |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $3,604 | $193,941 | -- | -- |
| 2023 | $3,604 | $188,293 | $0 | $0 |
| 2022 | $3,232 | $177,025 | $0 | $0 |
| 2021 | $3,174 | $171,869 | $0 | $0 |
| 2020 | $3,081 | $166,864 | $0 | $0 |
| 2019 | $2,870 | $155,584 | $0 | $0 |
| 2018 | $2,706 | $146,653 | $0 | $0 |
| 2017 | $2,602 | $146,653 | $0 | $0 |
| 2016 | $2,547 | $142,382 | $0 | $0 |
| 2015 | $2,474 | $138,235 | $0 | $0 |
| 2014 | $2,437 | $134,209 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Pierce
-
Jennifer Kyser
Buyer's Agent in 2022
Jennifer Kyser
Duncan Real Estate Group Inc
(541) 968-8877
3 in this area
35 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 22692162
APN: 0125631
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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