NOT LISTED FOR SALE

542 Mill St Springfield, OR 97477

West Springfield Neighborhood

Estimated Value: $469,000 - $517,000

3 Beds
3 Baths
1,734 Sq Ft
$290/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $480,000 $277 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,965/month

Highlights

  • RV Access or Parking
  • Furnished
  • Garage
  • Corner Lot
  • Parking Storage or Cabinetry
  • 4-minute walk to Island Park

About This Home

As of October 2021

3 units in this extremely immaculate investment property with possibility of adding an ADU on large lot, check with city.All tenants have been neat clean and long term. Upstairs units are accessed from inside with private carpeted stairway. Down stairs unit has office space with Murphy pull-out for guests or additional bedroom. Just blocks away from downtown eateries, bus line, library and post office. Seller has kept up with all maintenance for over 25 years, re-siding and adding RV Parking.

Last Agent to Sell the Property

Rae Diane Fish

Hybrid Real Estate License #200604349 Listed on: 09/13/2021

Hybrid Real Estate

Last Buyer's Agent

Julie Sonam

Hearthstone Real Estate License #201222542

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,616

Year Built

  • Built in 1947

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Furnished
  • Window Treatments
  • Crawl Space
  • Security Lights

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry
  • RV Access or Parking

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,616

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1734
  • Stories: 2
  • Year Built: 1947
  • Property Condition: Approximately
  • Remarks Public: 3 units in this extremely immaculate investment property with possibility of adding an ADU on large lot, check with city.All tenants have been neat clean and long term. Upstairs units are accessed from inside with private carpeted stairway. Down stairs unit has office space with Murphy pull-out for guests or additional bedroom. Just blocks away from downtown eateries, bus line, library and post office. Seller has kept up with all maintenance for over 25 years, re-siding and adding RV Parking.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 05000
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

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

Garage/Parking

  • Parking Description: RV Access/Parking, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Baseboard
  • Security: Security Lights

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Furnished, Range, Refrigerator, Window Coverings

Schools

  • Elementary School: Centennial
  • Middle School: Hamlin
  • High School: Springfield

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: HD

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Amount: 3192.56
  • Assessor Parcel Number: 310423
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.95

MLS Schools

  • Elementary School: Centennial
  • High School: Springfield
  • Middle School: Hamlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 22, 2021
Sold by
Schnelli Diane Elaine and Schnelli David William
Bought by
Black Lindsey
Seller's Agent
Rae Diane Fish
Hybrid Real Estate
Buyer's Agent
Julie Sonam
Hearthstone Real Estate
List Price
$459,500
Sold Price
$480,000
Premium/Discount to List
$20,500
4.46%
Current Estimated Value
$502,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,518
Avg. Annual Appreciation
1.30%
Original Mortgage
$360,000
Outstanding Balance
$328,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$175,835

Purchase Details

Closed on
Jan 4, 2013
Sold by
Schnelli David W and Schnelli Diane
Bought by
Schnelli Diane Elaine and Schnelli David William
Source: Public Records

Range of Values:

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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
Black Lindsey $480,000 Western Title & Escrow
Schnelli Diane Elaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Lindsey $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $480,000 +4.5% $277 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $459,500 -- $265 / 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 $3,616 $194,579 -- --
2023 $3,616 $188,912 $0 $0
2022 $3,349 $183,410 $0 $0
2021 $3,289 $178,068 $0 $0
2020 $3,193 $172,882 $0 $0
2019 $3,097 $167,847 $0 $0
2018 $2,919 $158,213 $0 $0
2017 $2,807 $158,213 $0 $0
2016 $2,748 $153,605 $0 $0
2015 $2,669 $149,131 $0 $0
2014 $2,629 $144,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rae Diane Fish

    Seller's Agent in 2021

    Rae Diane Fish

    Hybrid Real Estate

    (541) 517-9578

    2 in this area

    41 Total Sales

    Rae Diane Fish
    Section Image
  • Julie Sonam

    Buyer's Agent in 2021

    Julie Sonam

    Hearthstone Real Estate

    (541) 335-1225

    5 in this area

    111 Total Sales

    Julie Sonam
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21066880

Regional Multiple Listing Service (RMLS)

APN: 0310423

Oregon Lane County Springfield 97477 West Springfield

542 Mill St, Springfield, OR

This home is located at 542 Mill St, Springfield, OR 97477 since 13 September 2021 and is currently estimated at $502,518, approximately $289 per square foot. This property was built in 1947. 542 Mill St is a home located in Lane County with nearby schools including Centennial Elementary School, Hamlin Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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