NOT LISTED FOR SALE

Estimated Value: $394,000 - $633,697

4 Beds
4 Baths
1,792 Sq Ft
$313/Sq Ft Est. Value

Last Sold March 11, 2022

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

Est. 6% decrease in value since last sale

Current estimated payment $3,372/month

8 Days on Market

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%
Total Days on Market
8
Current Estimated Value
$561,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,326
Avg. Annual Appreciation
-2.00%
Original Mortgage
$405,000
Outstanding Balance
$381,094
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$180,580

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

Similar Homes in the area

  • 814 W Quinalt St, Springfield, OR 97477

    $455,000

    • 4 Beds
    • 4 Baths
    • 1,920 Sq Ft
    • 814 W Quinalt St
    • Springfield, OR

    Occupied, please do not disturb Tenants. Showing will be set up once an offer is accepted. Property is managed by Next Generation Property Management. Wonderful townhouse style duplex with OS garages and fenced Yards. The fencing was replaced in 2022 so they are in great shape. Two bedrooms upstairs with a full bathroom. Downstairs has a half bath. Roof is about ten years old.

    Karla Smith United Real Estate Properties

    Section Image
  • 1542 Riverview St, Eugene, OR 97403

    $595,000

    • 6 Beds
    • 5 Baths
    • 3,533 Sq Ft
    • 1542 Riverview St
    • Eugene, OR

    True Craftsman multifamily dwelling, perfect for multiple-family living, personal residence with home office, or investment! 2012 roof and COMPLETE remodel of the largest unit, including new cherry cabinets, appliances, refinished baths, hardwood floors, and more! Minutes from the UO, Hendricks Park, shopping, and recreation. 3rd party rental analysis shows estimated gross rents at $4,640 per

    Dustin Vollstedt Hybrid Real Estate

    Section Image
  • 275 S 40th Place, Springfield, OR 97478

    $460,000

    • 4 Beds
    • 4 Baths
    • 2,076 Sq Ft
    • 275 S 40th Place
    • Springfield, OR

    Investor Alert: Duplex's two units are being sold together. Welcome to 275/273 S. 40th Pl, a well-maintained duplex nestled in a quiet cul-de-sac in one of Springfield's central neighborhoods. Each unit offers 2 spacious upstairs bedrooms, 1 bathroom upstairs, a half bath downstairs, and approximately 1,038 sq ft of comfortable living space with vaulted ceilings in the living rooms. The property

    Dave Lacy Valley Real Estate

    Section Image
  • 5911 A St, Springfield, OR 97478

    $525,000

    • 4 Beds
    • 4 Baths
    • 1,644 Sq Ft
    • 5911 A St
    • Springfield, OR

    Fantastic Investment Property - 1993 Well maintained Duplex with great tenants. Both sides are 2 bed/ 2 bath with Vaulted Living area, Primaries have Walk in Closets. Roof & siding have been replaced within the last 5 years. Nice big back yards, Great Thurston Location. Both sides are exact opposites except for flooring. Appointment Only Giving Respect to Tenants. Subject to Tenant Rights.

    Cheryl Chambers Hybrid Real Estate

    Section Image
  • 6002 A St, Springfield, OR 97478

    $475,000

    • 6 Beds
    • 4 Baths
    • 6002 A St
    • Springfield, OR

    Discover a fantastic investment opportunity with this well-maintained duplex located in Springfield, Oregon! Each unit features 3 bedroom's on each side and 1.5 bathrooms on each side, with large backyards and deep garage spaces. Nestled in a peaceful neighborhood, this property at 6002/6004 A St offers the perfect blend of comfort, convenience, and income potential. Just minutes from local

    Javan Gray Emerald Property Management In

    Section Image
  • 124 S 63rd St, Springfield, OR 97478

    $625,000

    • 5 Beds
    • 5 Baths
    • 3,503 Sq Ft
    • 124 S 63rd St
    • Springfield, OR

    Exclusively presented for sale - 124 S 63rd Street, a clean, 1995-built fourplex in east Springfield. This rare, newer four-unit property is ideal for investors or owner-occupants seeking a stable, income-producing asset in a mature neighborhood. Sited on a corner lot at Main Street and S. 63rd Street, it features two buildings on one tax lot; the 2-story SFR offers a standalone 2-bed/1.5-bath

    Caspian Hoehne Merit Commercial Real Estate, LLC.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Revoc Christopher Patrick King $76,370
Open Christopher Patrick King Revocable Trust $405,000
Previous Owner Gibson Eric E $186,794
Previous Owner Gibson Eric E $206,097
Previous Owner Hansen T Dean $180,000
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
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22651011

Regional Multiple Listing Service (RMLS)

APN: 0311645