NOT LISTED FOR SALE

Estimated Value: $393,000 - $542,000

3 Beds
3 Baths
2,264 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $267,000 $118 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,835/month

230 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • Wood Siding
  • Property is near a bus stop

About This Home

As of February 2016

Fantastic Community Commercial zoned investment property downtown Springfield.Enjoy a business,live on site or rent as all 3 units have a great rental history.All units feature vinyl windows and hard wood floors! Home unit has 2 bedrooms,1 bath,laundry room,fenced court yard with water feature,2 car garage.Vintage home with upper and lower unit have hardwood floors and on-site laundry. Gated entry, new roof!

Last Agent to Sell the Property

Sherri Smith

Smith Realty Group License #200502237 Listed on: 05/05/2015

Co-Listed By

Autumn Femrite

RE/MAX Integrity License #200712045

Last Buyer's Agent

Kyle Gray

Emerald Property Management In License #960600285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1946

Lot Details

  • 3,572

Parking

  • Attached Garage

Home Design

  • Wood Siding
  • Shingle Siding

Additional Features

  • 2-Story Property
  • Level Lot
  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,618

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2264
  • Stories: 2
  • Year Built: 1946
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: TL 04400

Exterior Features

  • Exterior Description: Shingle Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Security Gate, Sidewalk

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: CC

Tax Info

  • Tax Amount: 2631.02
  • Assessor Parcel Number: 317667

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2016
Sold by
Thomas John and Thomas Lorraine
Bought by
Thomas Financial Oregon Llc
Current Estimated Value
$477,850

Purchase Details

Listed on
May 5, 2015
Closed on
Dec 22, 2015
Sold by
Wells Cameron K
Bought by
Thomas John and Thomas Lorraine
Seller's Agent
Sherri Smith
Smith Realty Group
Buyer's Agent
Kyle Gray
Emerald Property Management In
List Price
$289,900
Sold Price
$267,000
Premium/Discount to List
-$22,900
-7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$200,250
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2009
Sold by
Campbell Courtney L
Bought by
Wells Cameron K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Andreason John R and Lodge Randy J
Bought by
Campbell Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.16%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2005
Sold by
Nave Robert F and Davis Nave Angeline
Bought by
Andreason John R and Lodge Randy J
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
Thomas Financial Oregon Llc -- None Available
Thomas John $267,000 First American Title
Wells Cameron K $250,000 Western Title
Campbell Courtney L $250,000 Western Title & Escrow Compa
Andreason John R $95,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas John $200,250
Previous Owner Wells Cameron K $180,000
Previous Owner Campbell Courtney L $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $267,000 -7.9% $118 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $289,900 -- $128 / 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 $3,618 $194,715 -- --
2023 $3,618 $189,044 $0 $0
2022 $3,351 $183,538 $0 $0
2021 $3,291 $178,193 $0 $0
2020 $3,195 $173,003 $0 $0
2019 $3,099 $167,965 $0 $0
2018 $2,921 $158,323 $0 $0
2017 $2,809 $158,323 $0 $0
2016 $2,750 $153,712 $0 $0
2015 $2,671 $149,235 $0 $0
2014 $2,631 $144,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15295372

Regional Multiple Listing Service (RMLS)

APN: 0317667