NOT LISTED FOR SALE

485 W 29th Ave Eugene, OR 97405

Friendly Neighborhood

Estimated Value: $433,910 - $521,000

4 Beds
2 Baths
1,568 Sq Ft
$316/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $300,000 $191 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,900/month

5 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Radiant Heating System
  • Adams Elementary School Rated A-
  • Wood Siding

About This Home

As of January 2023

Huge lot; duplex in need of repairs with long term tenants.

Last Agent to Sell the Property

Brent Cole

Triple Oaks Realty LLC License #200607178 Listed on: 01/01/2023

Last Buyer's Agent

Jon Eschrich

Triple Oaks Realty LLC License #200504548

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,115

Year Built

  • Built in 1960

Lot Details

  • Corner Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,568 Sq Ft Home
  • Crawl Space

Schools

  • Arts & Tech Elementary School
  • Kelly Middle School
  • South Eugene High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 626679

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,461
  • Gross Income $20,280
  • Net Operating Income $15,818

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,115

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1960
  • Property Condition: Fixer
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Current Price For Status: 300000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Arts & Tech
  • High School: South Eugene
  • Middle Or Junior School: Kelly

Lot Info

  • Zoning: R1
  • Parcel #: 626679

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3114.62

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.79
  • Annual Gross Income: 20280.0
  • Property Net Operating Income: 15818.0
  • Annual Operating Expense: 4461.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Colesch Investments Llc
Bought by
Burke David Russell
Current Estimated Value
$494,978

Purchase Details

Listed on
Jan 1, 2023
Closed on
Jan 9, 2023
Sold by
Golly Living Trust
Bought by
Colesch Investments Llc
Seller's Agent
Brent Cole
Triple Oaks Realty LLC
Buyer's Agent
Jon Eschrich
Triple Oaks Realty LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.50%
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
Burke David Russell $502,500 Cascade Title
Colesch Investments Llc -- Cascade Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2023 01/09/23 Sold $300,000 0.0% $191 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $300,000 -- $191 / 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 $3,584 $183,962 -- --
2024 $3,540 $178,604 -- --
2023 $3,540 $173,402 $0 $0
2022 $3,316 $168,352 $0 $0
2021 $3,115 $163,449 $0 $0
2020 $3,126 $158,689 $0 $0
2019 $3,019 $154,067 $0 $0
2018 $2,842 $145,223 $0 $0
2017 $2,714 $145,223 $0 $0
2016 $2,647 $140,993 $0 $0
2015 $2,571 $136,886 $0 $0
2014 $2,519 $132,899 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brent Cole

    Seller's Agent in 2023

    Brent Cole

    Triple Oaks Realty LLC

    (541) 556-5093

    3 in this area

    176 Total Sales

    Brent Cole
    Section Image
  • Jon Eschrich

    Buyer's Agent in 2023

    Jon Eschrich

    Triple Oaks Realty LLC

    (541) 968-2655

    4 in this area

    168 Total Sales

    Jon Eschrich
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23465064

Regional Multiple Listing Service (RMLS)

APN: 0626679

Oregon Lane County Eugene 97405 Friendly

485 W 29th Ave, Eugene, OR

Not Listed for Sale

MultiFamily

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