$515,000
SOLD JUN 6, 2024
-- Bed
-- Bath
2,212 Sq Ft
0.27 Acres

Recently Sold

$233 Per Sq Ft

4% Above List Price

3 Days on Market

Highlights

  • Zoned Heating
  • 2 Car Garage
  • Level Lot

About This Home

As of June 2024

Great Investment opportunity- this duplex is rented on one side and vacant on the other, creating an easy owner occupied opportunity, or you could rent the vacant side. It's clean, spacious, on a large lot and has a brand new roof! Both units are same floor plan and similar finishes, occupied side is viewable upon accepted offer, vacant side is viewable.

Last Agent to Sell the Property

Alison Myers

Lux Realty Group License #201216695

Last Buyer's Agent

Bryan Dibos

Keller Williams Realty Eugene and Springfield License #201233284

Keller Williams Realty Eugene and Springfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property

Schools

  • Clear Lake Elementary School
  • Shasta Middle School
  • Willamette High School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1226289

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,200
  • Gross Income $16,800
  • Net Operating Income $12,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,191

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Ceiling, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Clear Lake
  • High School: Willamette
  • Middle Or Junior School: Shasta

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 1226289

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4191.17

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 29.46
  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 12600.0
  • Annual Operating Expense: 4200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Jun 5, 2024
Sold by
Barker Phyllis K
Bought by
Freske Baesam and Freske Kyle
Seller's Agent
Alison Myers
Lux Realty Group
Buyer's Agent
Bryan Dibos
Keller Williams Realty Eugene and Springfield
List Price
$495,000
Sold Price
$515,000
Premium/Discount to List
$20,000
4.04%
Total Days on Market
3
Views
14
Current Estimated Value
$520,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,867
Avg. Annual Appreciation
0.85%
Original Mortgage
$469,500
Outstanding Balance
$466,460
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$52,747

Purchase Details

Closed on
Dec 15, 1998
Sold by
Busch Patricia E
Bought by
Barker Phyllis K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.86%

Map

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 Type Sale Price Title Company
Personal Reps Deed $515,000 Cascade Title
Warranty Deed $160,000 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $469,500 New Conventional
Previous Owner $98,218 Unknown
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $515,000 +4.0% $233 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $495,000 -- $224 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,318 $240,036 $0 $0
2022 $4,019 $233,045 $0 $0
2021 $3,935 $226,258 $0 $0
2020 $3,820 $219,668 $0 $0
2019 $3,632 $213,270 $0 $0
2018 $3,531 $201,028 $0 $0
2017 $3,374 $201,028 $0 $0
2016 $3,288 $195,173 $0 $0
2015 $3,160 $189,488 $0 $0
2014 $3,228 $187,106 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24358136

Regional Multiple Listing Service (RMLS)

APN: 1226289