NOT LISTED FOR SALE

Estimated Value: $387,000 - $593,000

3 Beds
3 Baths
2,264 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 17, 2016

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

Est. 86% increase in value since last sale

Current estimated payment $3,069/month

230 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • Wood Siding

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
  • 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
Total Days on Market
230
Current Estimated Value
$495,397

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
6.29%
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

Similar Homes in Springfield, OR

  • 550 W N St, Springfield, OR 97477

    $430,000

    • 3 Beds
    • 2 Baths
    • 1,108 Sq Ft
    • 550 W N St
    • Springfield, OR

    Come see this amazing, fully renovated property! There is so much potential for additional income! The attached studio apartment has a separate address and utilities. The lot has a very spacious back yard that can easily accommodate an ADU or envision a park like setting for your own private back yard! The house and studio both have new ductless mini-split units with heating and air-conditioning.

    Greg Messick RealtyNET, LLC

    Section Image
  • 646 W Quinalt St, Springfield, OR 97477

    $400,000

    • 4 Beds
    • 2 Baths
    • 1,614 Sq Ft
    • 646 W Quinalt St
    • Springfield, OR

    Duplex in Springfield! Excellent opportunity for investors or owner-occupants! This single-level duplex features two units, each offering 2 bedrooms and 1 bathroom. Durable flooring throughout for easy cleaning and upkeep. Each unit includes a cozy wood-burning fireplace, a private garage, and a fenced courtyard, providing both comfort and functionality.

    Randal Whipple Berkshire Hathaway HomeServices Real Estate Professionals

    Section Image
  • 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
  • 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
  • 4457 Aster St, Springfield, OR 97478

    $430,000

    • 4 Beds
    • 2 Baths
    • 1,654 Sq Ft
    • 4457 Aster St
    • Springfield, OR

    NEW Roof as of June 2025 - This neat and clean Duplex, located in a culdesac in the Thurston area, features newer interior paint, fresh paint on the exterior, and updated light fixtures. Each side has 2 bedrooms, 1 bath and approx 827 sq ft. A fully fenced yard with a single car garage for each unit makes this a smart investment. Call today for an appointment and more information.

    David Barrett Hybrid 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

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
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
Previous Owner Nave Robert F $73,728
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
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15295372

Regional Multiple Listing Service (RMLS)

APN: 0317667