NOT LISTED FOR SALE

Estimated Value: $621,000 - $648,000

6 Beds
4 Baths
2,889 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $634,000 $219 Per Sq Ft

Current estimated payment $3,775/month

52 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Wood Siding
  • Edgewood Community Elementary School Rated 9+
  • Mini Split Air Conditioners
  • Heating System Uses Gas

About This Home

As of October 2024

**Sellers are offering an escrow holdback for roof to be replaced by McKenzie Roofing, bid came in at $23,740.** Incredible mid century modern investment opportunity located in a charming South Eugene neighborhood. This lovely duplex has beamed ceilings and stunning original brick fireplaces in both units. Both units have 3 bedrooms, 2 full bathrooms, washer/dryer hookups, fridge, range, dishwasher, double paned windows, sink disposal, and fenced yards. Photos #2-22 are of 15 W 37th (unit 1), photos #23-42 are of 5 W 37th (unit 2). UNIT 1 (15 W 37th) is currently leased for $2,445/month through July 9, 2025. This unit has updated laminate flooring, original wood floors in 2 bedrooms, updated fixtures, A/C with 4 ductless heat pump heads, gas fireplace insert, huge primary bedroom, no garage. UNIT 2 (5 W 37th) is vacant. This unit has new carpet and paint throughout, an attached one car garage, deck, and wood burning fireplace. **Income/Expenses are estimated**

Last Agent to Sell the Property

Daisy Elms-Giudici

Rise Realty NW License #201240550 Listed on: 07/26/2024

Co-Listed By

Jade Elms

Rise Realty NW License #200201225

Last Buyer's Agent

Merrill Moore

Better Homes and Gardens Real Estate Equinox License #201218488

Better Homes and Gardens Real Estate Equinox

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 7,840 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Membrane Roofing
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,889 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Edgewood Elementary School
  • Spencer Butte Middle School
  • South Eugene High School

Utilities

  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Mini Split Heat Pump
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0642874

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,826
  • Gross Income $54,480
  • Net Operating Income $44,654

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,826

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1960
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab, StemWall
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Membrane

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Edgewood
  • High School: South Eugene
  • Middle Or Junior School: Spencer Butte

Lot Info

  • Zoning: R-1
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 0642874

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4826.36

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.11
  • Annual Gross Income: 54480.0
  • Property Net Operating Income: 44654.0
  • Annual Operating Expense: 9826.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 4, 2024
Sold by
Flores-Perez Carolina and Hoar Keenan
Bought by
Rasmussen Erik C
Seller's Agent
Daisy Elms-Giudici
Rise Realty NW
Buyer's Agent
Merrill Moore
Better Homes and Gardens Real Estate Equinox
List Price
$679,900
Sold Price
$634,000
Premium/Discount to List
-$45,900
-6.75%
Views
30
Current Estimated Value
$634,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75
Avg. Annual Appreciation
0.01%

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jun 29, 2020
Sold by
Barbara H Shaw Llc
Bought by
Hoar Keenan and Flores Perez Carolina
Seller's Agent
Monique Sonnenfeld
Hybrid Real Estate
Buyer's Agent
Darren Ricketts
eXp Realty LLC
List Price
$424,800
Sold Price
$424,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$417,105
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2019
Sold by
Shaw Barbara H
Bought by
Barbara H Shaw Llc

Purchase Details

Closed on
Dec 20, 2018
Sold by
Shaw Barbara H
Bought by
Barbara H Shaw Llc

Purchase Details

Closed on
Oct 22, 2009
Sold by
Shaw Barbara H
Bought by
Skellshaw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2009
Sold by
Leinbach Kevin A and Russell Cathryn M
Bought by
Shaw Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Moosbrugger Kurt and Moosbrugger Ingrid
Bought by
Leinbach Kevin A and Russel Cathryn M

Purchase Details

Closed on
Jan 1, 1999
Sold by
Moosbrugger Kurt H and Moosbrugger Ingrid I
Bought by
Moosbrugger Kurt H and Moosbrugger Ingrid I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.73%
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
Rasmussen Erik C $634,000 Cascade Title
Hoar Keenan $424,800 Cascade Title Co
Barbara H Shaw Llc -- None Available
Barbara H Shaw Llc -- None Available
Skellshaw Llc -- None Available
Shaw Barbara H $290,000 Western Title
Leinbach Kevin A $225,000 --
Moosbrugger Kurt H -- Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoar Keenan $417,105
Previous Owner Shaw Barbara H $198,000
Previous Owner Moosbrugger Kurt H $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2024 10/07/24 Sold $634,000 -3.9% $219 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
09/06/2024 09/06/24 Price Changed $659,900 -2.9% $228 / Sq Ft
08/30/2024 08/30/24 For Sale $679,900 0.0% $235 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $679,900 +60.1% $235 / Sq Ft
06/30/2020 06/30/20 Sold $424,800 0.0% $144 / Sq Ft View Prior Sale
05/13/2020 05/13/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $424,800 0.0% $144 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/04/2020 04/04/20 Price Changed $424,800 -5.6% $144 / Sq Ft
03/26/2020 03/26/20 For Sale $450,000 -- $153 / 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 $4,953 $249,893 -- --
2023 $4,953 $242,615 $0 $0
2022 $4,640 $235,549 $0 $0
2021 $4,358 $228,689 $0 $0
2020 $4,373 $222,029 $0 $0
2019 $4,224 $215,563 $0 $0
2018 $3,976 $203,189 $0 $0
2017 $3,798 $203,189 $0 $0
2016 $3,703 $197,271 $0 $0
2015 $3,575 $191,525 $0 $0
2014 $3,523 $185,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24462833

Regional Multiple Listing Service (RMLS)

APN: 0642874