NOT LISTED FOR SALE

Estimated Value: $432,314 - $464,000

4 Beds
4 Baths
1,810 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $430,000 $238 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,640/month

101 Days on Market

Highlights

  • Park or Greenbelt View
  • Heating unit installed on the ceiling
  • 1-minute walk to Pacific Park
  • No HOA

About This Home

As of September 2024

Townhouse style Duplex in convenient Springfield location! Each unit has two bedrooms one bath upstairs and 1/2 bath downstairs and attached oversized one car garage on both sides. Duplex updates in 2020: 41 U Street has newer LVP Flooring and interior paint throughout along with a new dishwasher and refrigerator and 43 U Street: Long term occupant with minimal updates. Seller replaced dishwasher and stove in 2020. New Roof in 2018. Great location that backs up to large open park. Convenient to shopping, bus line and Hospitals are close by. This is an excellent investment opportunity in Springfield!

Last Agent to Sell the Property

Donna Phibbs

Hybrid Real Estate License #930500056 Listed on: 05/09/2024

Hybrid Real Estate

Last Buyer's Agent

Billy Clotere

Eugene's Alternative License #200505200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Park or Greenbelt Views

Schools

  • Page Elementary School
  • Hamlin Middle School
  • Springfield High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1014024

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $27,237
  • Gross Income $26,684
  • Net Operating Income $30,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,483

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1972
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 430000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: PillarPostPier
  • View: Yes
  • Road Surface Type: Paved
  • Roof: Composition
  • View: ParkGreenbelt

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Page
  • High School: Springfield
  • Middle Or Junior School: Hamlin

Lot Info

  • Zoning: LD
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 1014024

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3482.87

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.49
  • Annual Gross Income: 26684.0
  • Property Net Operating Income: 30720.0
  • Annual Operating Expense: 27237.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Sep 12, 2024
Sold by
Renfro James L and Renfro Amber R
Bought by
Jennifer K Manning Living Trust and Manning
Seller's Agent
Donna Phibbs
Hybrid Real Estate
Buyer's Agent
Billy Clotere
Eugene's Alternative
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Views
65
Current Estimated Value
$445,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,079
Avg. Annual Appreciation
2.77%
Original Mortgage
$209,077
Outstanding Balance
$206,524
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$238,555

Purchase Details

Listed on
Aug 24, 2018
Closed on
Oct 18, 2018
Sold by
Wize Stephen E and Wize Jodie L
Bought by
Renfro James L and Renfro Amber R
Seller's Agent
Lester Stoner
Hybrid Real Estate
Buyer's Agent
Kathleen Snyder
Hybrid Real Estate
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$198,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2003
Sold by
Wize Stephen E and Wize Jodie L
Bought by
Wize Stephen E and Wize Jodie L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Jennifer K Manning Living Trust $430,000 Evergreen Land Title
Renfro James L $265,000 Western Title & Escrow
Wize Stephen E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennifer K Manning Living Trust $209,077
Previous Owner Renfro James L $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $430,000 -2.3% $238 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
07/08/2024 07/08/24 Price Changed $439,900 -1.1% $243 / Sq Ft
05/21/2024 05/21/24 For Sale $445,000 0.0% $246 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $445,000 +67.9% $246 / Sq Ft
10/19/2018 10/19/18 Sold $265,000 0.0% $146 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $265,000 -- $146 / 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 $3,697 $201,632 -- --
2024 $3,638 $195,760 -- --
2023 $3,638 $190,059 $0 $0
2022 $3,369 $184,524 $0 $0
2021 $3,309 $179,150 $0 $0
2020 $3,212 $173,933 $0 $0
2019 $3,115 $168,867 $0 $0
2018 $2,937 $159,174 $0 $0
2017 $2,824 $159,174 $0 $0
2016 $2,765 $154,538 $0 $0
2015 $2,669 $150,037 $0 $0
2014 $2,603 $145,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24402595

Regional Multiple Listing Service (RMLS)

APN: 1014024