NOT LISTED FOR SALE

Estimated Value: $508,000 - $647,202

4 Beds
4 Baths
1,792 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $600,000 $335 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,368/month

Highlights

  • Views
  • High Speed Internet
  • Wood Siding
  • Storage

About This Home

As of March 2022

Great investment in the heart of Springfield Washburne district. A 1910 2 story 4-plex home. Corner location and ally in back. All units are 1 bedroom, 1 bathroom with kitchen and living room. Newer windows and various updates inside. Interior photos are from unit 3 that just rented for $975. Attached storage and laundry with coin operated washer/dryer. Offers due February 15th by 3:00pm.

Last Agent to Sell the Property

Katie Wilson

Windermere RE Lane County License #200606461 Listed on: 02/08/2022

Windermere RE Lane County

Last Buyer's Agent

Renee Swartz

RE/MAX Integrity License #960400135

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,809

Year Built

  • Built in 1910

Lot Details

  • 10,367

Parking

  • Open Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Storage
  • Crawl Space
  • Property Views

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,809

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1792
  • Year Built: 1910
  • Property Condition: Existing
  • Remarks Public: Great investment in the heart of Springfield Washburne district. A 1910 2 story 4-plex home. Corner location and ally in back. All units are 1 bedroom, 1 bathroom with kitchen and living room. Newer windows and various updates inside. Interior photos are from unit 3 that just rented for $975. Attached storage and laundry with coin operated washer/dryer. Offers due February 15th by 3:00pm.
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 02800
  • Basement: Crawl Space
  • Storage: Attached

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Gravel, Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard
  • Internet Service Type: Cable, Wireless

Condo/Co-op/Association

  • Common Amenities: Laundry

Schools

  • Elementary School: Two Rivers
  • Middle School: Hamlin
  • High School: Springfield

Lot Info

  • Zoning: MD

Rental Info

  • Rent Includes: Trash Collection, Sewer

Tax Info

  • Tax Amount: 2554.73
  • Assessor Parcel Number: 311645
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.53

MLS Schools

  • Elementary School: Two Rivers
  • High School: Springfield
  • Middle School: Hamlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 9, 2022
Sold by
Gibson Eric E
Bought by
Christopher Patrick King Revocable Trust
Seller's Agent
Katie Wilson
Windermere RE Lane County
Buyer's Agent
Renee Swartz
RE/MAX Integrity
List Price
$449,000
Sold Price
$600,000
Premium/Discount to List
$151,000
33.63%
Current Estimated Value
$593,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,699
Avg. Annual Appreciation
-0.30%
Original Mortgage
$405,000
Outstanding Balance
$379,077
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$214,470

Purchase Details

Closed on
Sep 2, 2020
Sold by
Gibson Eric E
Bought by
Gibson Eric E and Gibson Janice C

Purchase Details

Closed on
Dec 3, 2009
Sold by
Hansen T Dean and Hansen Patricia S
Bought by
Gibson Eric E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,097
Interest Rate
4.99%
Mortgage Type
FHA
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
Christopher Patrick King Revocable Trust $600,000 Fidelity National Title
Gibson Eric E -- None Available
Gibson Eric E $209,900 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christopher Patrick King Revocable Trust $405,000
Previous Owner Gibson Eric E $206,097
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $600,000 +33.6% $335 / Sq Ft
02/16/2022 02/16/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $449,000 -- $251 / 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 $2,809 $151,157 -- --
2023 $2,809 $146,755 $0 $0
2022 $2,601 $142,481 $0 $0
2021 $2,555 $138,332 $0 $0
2020 $2,480 $134,303 $0 $0
2019 $2,406 $130,392 $0 $0
2018 $2,268 $122,908 $0 $0
2017 $2,180 $122,908 $0 $0
2016 $2,135 $119,328 $0 $0
2015 $2,074 $115,852 $0 $0
2014 $2,042 $112,478 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22651011

Regional Multiple Listing Service (RMLS)

APN: 0311645