NOT LISTED FOR SALE

4836 Spring Meadow Ave Eugene, OR 97404

Santa Clara Neighborhood

Estimated Value: $575,000 - $635,000

6 Beds
6 Baths
2,715 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $575,000 $212 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,825/month

34 Days on Market

Highlights

  • Cooling Available
  • Level Lot
  • Heat Pump System
  • 2 Car Garage
  • Wood Siding

About This Home

As of July 2024

Investment winner! Add this charming duplex property nestled on the desirable north side of town, to your investment portfolio. Each unit features 1,350 square feet of living space, providing 3 bedrooms, 2 and a half baths, and a generously sized living room. Your tenants will enjoy the convenience of a single-car garage for each unit, providing ample parking and storage options. Step outside into the expansive gated yard, offering plenty of space for outdoor activities and enjoyment. Currently tenant occupied, this duplex presents an excellent investment opportunity with rents totaling $2,625 per month. Experience the allure of hassle-free income with the nicest rental properties in town. Don't miss out on this rare chance to own a piece of prime real estate in a thriving neighborhood!

Last Agent to Sell the Property

Randal Whipple

Berkshire Hathaway HomeServices Real Estate Professionals Brokerage Phone: 541-485-1400 License #200205145 Listed on: 05/15/2024

Berkshire Hathaway HomeServices Real Estate Professionals

Co-Listed By

Jennifer Henrikson

Berkshire Hathaway HomeServices Real Estate Professionals Brokerage Phone: 541-485-1400 License #200508160

Last Buyer's Agent

Kyle Mudder

Keller Williams The Cooley Real Estate Group License #201248401

Keller Williams The Cooley Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,876

Year Built

  • Built in 1997

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,715 Sq Ft Home
  • 2-Story Property

Schools

  • Awbrey Park Elementary School
  • Madison Middle School
  • North Eugene High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1577798

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $11,149
  • Gross Income $27,370
  • Net Operating Income $16,221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,876

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 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
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Awbrey Park
  • High School: North Eugene
  • Middle Or Junior School: Madison

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1577798

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 7876.02

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 22.29
  • Annual Gross Income: 27370.0
  • Property Net Operating Income: 16221.0
  • Annual Operating Expense: 11149.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 30, 2024
Sold by
Svingen Living Trust and Svingen Mark Alan
Bought by
Willoughby Alexander H and Willoughby Natalie M
Seller's Agent
Randal Whipple
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
Kyle Mudder
Keller Williams The Cooley Real Estate Group
List Price
$610,000
Sold Price
$575,000
Premium/Discount to List
-$35,000
-5.74%
Views
66
Current Estimated Value
$596,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,585
Avg. Annual Appreciation
3.15%
Original Mortgage
$460,000
Outstanding Balance
$456,843
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$139,038
Source: Public Records

Range of Values:

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Average Value
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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
Willoughby Alexander H $575,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willoughby Alexander H $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $575,000 -5.7% $212 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $610,000 -- $225 / 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 $8,082 $407,794 -- --
2023 $8,082 $395,917 $0 $0
2022 $7,571 $384,386 $0 $0
2021 $6,926 $373,191 $0 $0
2020 $6,753 $362,322 $0 $0
2019 $6,488 $351,769 $0 $0
2018 $6,068 $331,577 $0 $0
2017 $5,644 $331,577 $0 $0
2016 $5,454 $321,919 $0 $0
2015 $5,327 $312,543 $0 $0
2014 $5,246 $280,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randal Whipple

    Seller's Agent in 2024

    Randal Whipple

    BHHS Oregon- Professionals

    (541) 485-1400

    16 in this area

    170 Total Sales

    Randal Whipple
    Section Image
  • Jennifer Henrikson

    Seller Co-Listing Agent in 2024

    Jennifer Henrikson

    BHHS Oregon- Professionals

    (541) 968-0805

    6 in this area

    46 Total Sales

    Jennifer Henrikson
    Section Image

  • K

    Buyer's Agent in 2024

    Kyle Mudder

    Keller Williams The Cooley Real Estate Group

    (541) 359-1999

    2 in this area

    32 Total Sales

    Kyle Mudder
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24289761

Regional Multiple Listing Service (RMLS)

APN: 1577798

Oregon Lane County Eugene 97404 Santa Clara

4836 Spring Meadow Ave, Eugene, OR

This home is located at 4836 Spring Meadow Ave, Eugene, OR 97404 since 15 May 2024 and is currently estimated at $596,585, approximately $219 per square foot. This property was built in 1997. 4836 Spring Meadow Ave is a home located in Lane County with nearby schools including Awbrey Park Elementary School, Madison Middle School, and North Eugene High School.

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