NOT LISTED FOR SALE

Estimated Value: $400,664

4 Beds
2 Baths
1,694 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $405,000 $239 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,472/month

29 Days on Market

Highlights

  • Corner Lot
  • Zoned Heating
  • 1-Story Property
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of October 2024

Large corner lot duplex in a convenient Santa Clara-area neighborhood. Close to shopping, schools, and highway access. Long-term tenants with excellent rental history. Identical single-level units with garages between. Fenced yards, driveway and street parking. Excellent investor opportunity!

Last Listed By

Brent Cole

Triple Oaks Realty LLC Brokerage Phone: License #200607178 Listed on: 08/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1963

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,694 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Awbrey Park Elementary School
  • Madison Middle School
  • North Eugene High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0375517

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,775
  • Gross Income $32,100
  • Net Operating Income $17,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,942

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1963
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Awbrey Park
  • High School: North Eugene
  • Middle Or Junior School: Madison

Lot Info

  • Zoning: R1
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 0375517

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2941.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.49
  • Annual Gross Income: 32100.0
  • Property Net Operating Income: 17325.0
  • Annual Operating Expense: 5775.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Oct 4, 2024
Sold by
Ekeberg Llc
Bought by
Reedal Jennifer
Seller's Agent
Brent Cole
Triple Oaks Realty LLC
Buyer's Agent
Michael Smith
Premier RE & Property Mngmnt
List Price
$475,000
Sold Price
$405,000
Premium/Discount to List
-$70,000
-14.74%
Total Days on Market
29
Views
24
Current Estimated Value
$400,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,336
Avg. Annual Appreciation
-1.97%
Original Mortgage
$303,750
Outstanding Balance
$302,031
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$98,633

Purchase Details

Closed on
Jun 16, 2009
Sold by
Mortimore Judith G
Bought by
Ekeberg Llc

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
Reedal Jennifer $405,000 Cascade Title
Ekeberg Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reedal Jennifer $303,750
Previous Owner Mortimore David E $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $405,000 -12.9% $239 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $465,000 -2.1% $274 / Sq Ft
08/20/2024 08/20/24 For Sale $475,000 -- $280 / 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 $3,007 $222,631 $0 $0
2022 $2,826 $216,147 $0 $0
2021 $2,593 $209,852 $0 $0
2020 $2,418 $203,740 $0 $0
2019 $2,279 $197,806 $0 $0
2018 $2,008 $186,451 $0 $0
2017 $1,923 $186,451 $0 $0
2016 $1,843 $181,020 $0 $0
2015 $1,831 $175,748 $0 $0
2014 $1,731 $170,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24389470

Regional Multiple Listing Service (RMLS)

APN: 0375517