NOT LISTED FOR SALE

459 E 16th Ave Eugene, OR 97401

Estimated Value: $573,000 - $744,206

7 Beds
3 Baths
1,650 Sq Ft
$410/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $562,390 $341 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,274/month

146 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • Lap Siding
  • Edison Elementary School Rated A-
  • Level Lot

About This Home

As of March 2021

INVESTOR ALERT!!! University district TRI-PLEX.3 units.3 bedroom $1,365 rent.2 bedroom $965 rent.2 bedroom-$985 rent. All units have signed lease for one year. Detached garage w/potential to add studio above.Buyer to do due diligence. Tour while it is easy to make an appointment!Zero vacancy since 2014.Laundry area w/ washer/dryer included in the basement of each unit.Don't let this excellent investment opportunity get away!!! Near the University of Oregon.MUST SEE!!!

Last Agent to Sell the Property

Renee Kittrell

Camerelle Real Estate, LLC License #201211276 Listed on: 09/04/2020

Last Buyer's Agent

Renee Kittrell

Camerelle Real Estate, LLC License #201211276 Listed on: 09/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1937

Lot Details

  • 5,358

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Lap Siding

Additional Features

  • Wood Flooring
  • Washer and Dryer
  • Apartment Living Space in Basement
  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,090

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1937
  • Property Condition: Approximately
  • Remarks Public: INVESTOR ALERT!!! University district TRI-PLEX.3 units.3 bedroom $1,365 rent.2 bedroom $965 rent.2 bedroom-$985 rent. All units have signed lease for one year. Detached garage w/potential to add studio above.Buyer to do due diligence. Tour while it is easy to make an appointment!Zero vacancy since 2014.Laundry area w/ washer/dryer included in the basement of each unit.Don't let this excellent investment opportunity get away!!! Near the University of Oregon.MUST SEE!!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 06500
  • Basement: Separate Living Quarters/Apartment/Aux Living Unit, Partially Finished
  • Storage: Basement

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Hardwood Floors, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Edison
  • Middle School: Roosevelt
  • High School: South Eugene

Lot Info

  • Lot Description: Level
  • Zoning: R3

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 5193.66
  • Assessor Parcel Number: 286722
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.45

MLS Schools

  • Elementary School: Edison
  • High School: South Eugene
  • Middle School: Roosevelt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Mar 16, 2021
Sold by
Savolainen Matthew W and Savolainen Julie D
Bought by
Heckman Eric R and Heckman Ethan P
Seller's Agent
Renee Kittrell
Camerelle Real Estate, LLC
Buyer's Agent
Renee Kittrell
Camerelle Real Estate, LLC
List Price
$574,900
Sold Price
$562,390
Premium/Discount to List
-$12,510
-2.18%
Current Estimated Value
$676,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,662
Avg. Annual Appreciation
4.42%
Original Mortgage
$421,792
Outstanding Balance
$381,528
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$294,525

Purchase Details

Listed on
Jun 9, 2014
Closed on
Dec 26, 2014
Sold by
Reynolds Janet G
Bought by
Savolainen Matthew W and Savolainen Julie D
Seller's Agent
Cynthia Howard
Eugene Track Town Realtors LLC
Buyer's Agent
Austin Willhite
Willhite Real Estate
List Price
$380,000
Sold Price
$365,000
Premium/Discount to List
-$15,000
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$270,000
Interest Rate
3.96%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Heckman Eric R $562,390 Cascade Title Co
Savolainen Matthew W $360,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heckman Eric R $421,792
Previous Owner Savolainen Matthew W $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $562,390 -2.2% $341 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
09/04/2020 09/04/20 For Sale $574,900 +57.5% $348 / Sq Ft
12/30/2014 12/30/14 Sold $365,000 -3.9% $100 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $380,000 -- $104 / 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
2023 $6,090 $298,339 $0 $0
2022 $5,705 $289,650 $0 $0
2021 $5,359 $281,214 $0 $0
2020 $5,378 $273,024 $0 $0
2019 $5,194 $265,072 $0 $0
2018 $4,889 $249,856 $0 $0
2017 $4,670 $249,856 $0 $0
2016 $4,554 $242,579 $0 $0
2015 $4,423 $235,514 $0 $0
2014 $4,334 $228,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Renee Kittrell

    Seller's Agent in 2021

    Renee Kittrell

    Camerelle Real Estate, LLC

    (541) 870-0704

    185 Total Sales

    Renee Kittrell
    Section Image
  • Cynthia Howard

    Seller's Agent in 2014

    Cynthia Howard

    Eugene Track Town Realtors LLC

    (541) 554-8860

    49 Total Sales

    Cynthia Howard
    Section Image
  • Austin Willhite

    Buyer's Agent in 2014

    Austin Willhite

    Willhite Real Estate

    (541) 954-8202

    151 Total Sales

    Austin Willhite
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20340516

Regional Multiple Listing Service (RMLS)

APN: 0286722

Oregon Lane County Eugene 97401

459 E 16th Ave, Eugene, OR

This home is located at 459 E 16th Ave, Eugene, OR 97401 since 04 September 2020 and is currently estimated at $676,052, approximately $409 per square foot. This property was built in 1937. 459 E 16th Ave is a home located in Lane County with nearby schools including Edison Elementary School, Roosevelt Middle School, and South Eugene High School.

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