NOT LISTED FOR SALE

773 N Cloverleaf Loop Springfield, OR 97477

Gateway Neighborhood

Estimated Value: $425,000 - $506,000

6 Beds
4 Baths
2,400 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $390,000 $162 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,902/month

Highlights

  • Parking Storage or Cabinetry
  • Garage
  • Level Lot

About This Home

As of November 2021

Duplex in the Gateway area of Springfield. Each unit is 1,200 SF, 3 bed/1.5 bath. Two stories. Currently occupied with month-to-month tenants. Seller is a licensed RE broker in the State of Oregon. 773 & 775 Cloverleaf Lp. The 773 side will vacant on October 8th.

Last Agent to Sell the Property

John Pennington

Pennington Realty, Inc License #800604317 Listed on: 06/30/2021

Last Buyer's Agent

Pamela Quan

Hybrid Real Estate License #970400197

Hybrid Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1979

Lot Details

  • 5,489

Home Design

  • Slab Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,452

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2400
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 03600
  • Basement: None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Security: None

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Dishwasher, Range, Washer/Dryer Hookup, Window Coverings

Lot Info

  • Lot Description: Level
  • Zoning: RSFR

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3930.88
  • Assessor Parcel Number: 1164464
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.44

MLS Schools

  • Elementary School: Guy Lee
  • High School: Springfield
  • Middle School: Briggs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Nov 1, 2021
Sold by
Ddd Linvestments Llc
Bought by
Ordonez Barney E
Seller's Agent
John Pennington
Pennington Realty, Inc
Buyer's Agent
Pamela Quan
Hybrid Real Estate
List Price
$439,900
Sold Price
$390,000
Premium/Discount to List
-$49,900
-11.34%
Current Estimated Value
$476,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,874
Avg. Annual Appreciation
5.17%
Original Mortgage
$331,500
Outstanding Balance
$302,952
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$173,922

Purchase Details

Closed on
Dec 9, 2013
Sold by
Ddd Investments Llc
Bought by
Lansdon Jeffrey W and Pennington John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,450
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Lansdon Jeffrey W and Pennington John L
Bought by
Ddd Investments Llc

Purchase Details

Closed on
Aug 4, 2008
Sold by
Lansdon Jeffrey W and Pennington John L
Bought by
Ddd Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
6.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 18, 2008
Sold by
Odom David J
Bought by
Lansdon Jeffrey W and Pennington John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
6.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 8, 2007
Sold by
Moosbrugger Kurt H and Moosbrugger Ingrid I
Bought by
Odom David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.17%
Mortgage Type
Unknown
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
Ordonez Barney E $390,000 Cascade Title Co
Lansdon Jeffrey W -- None Available
Ddd Investments Llc -- First American
Ddd Investments Llc -- First American Title
Lansdon Jeffrey W $234,000 First American Title
Odom David J $217,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ordonez Barney E $331,500
Previous Owner Lansdon Jeffrey W $180,450
Previous Owner Ddd Investments Llc $23,400
Previous Owner Lansdon Jeffrey W $187,200
Previous Owner Odom David J $173,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2021 11/02/21 Sold $390,000 -8.7% $163 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/02/2021 08/02/21 Price Changed $427,000 -2.9% $178 / Sq Ft
06/30/2021 06/30/21 For Sale $439,900 -- $183 / 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 $4,452 $239,576 -- --
2023 $4,452 $232,599 $0 $0
2022 $4,123 $225,825 $0 $0
2021 $4,049 $219,248 $0 $0
2020 $3,931 $212,863 $0 $0
2019 $3,813 $206,664 $0 $0
2018 $3,594 $194,801 $0 $0
2017 $3,456 $194,801 $0 $0
2016 $3,380 $189,127 $0 $0
2015 $3,259 $183,618 $0 $0
2014 $3,167 $178,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Pennington

    Seller's Agent in 2021

    John Pennington

    Pennington Realty, Inc

    (541) 513-0918

    1 in this area

    12 Total Sales

    John Pennington
    Section Image

  • P

    Buyer's Agent in 2021

    Pamela Quan

    Hybrid Real Estate

    (541) 954-1798

    1 in this area

    37 Total Sales

    Pamela Quan
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21056801

Regional Multiple Listing Service (RMLS)

APN: 1164464

Oregon Lane County Springfield 97477 Gateway

773 N Cloverleaf Loop, Springfield, OR

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