NOT LISTED FOR SALE

Estimated Value: $476,000 - $541,519

4 Beds
4 Baths
1,877 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $485,000 $258 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,324/month

102 Days on Market

Highlights

  • Ductless Heating Or Cooling System
  • Storage
  • High Speed Internet
  • Security Gate
  • 3 Car Garage
  • Level Lot

About This Home

As of May 2024

Income property in desirable Whiteaker neighborhood. Two units currently rented. POTENTIAL: Convert the garage to a studio for a 3rd unit? Buyer to verify. Garage is owner use only. S-W Whiteaker Special Area zoning: "The purpose of the S-W Whiteaker Special Area Zone is to encourage the economic vitality of the area for employment and industrial, institutional, and commercial uses while also allowing a mix of residential dwellings. This zone has a broad range of permitted uses." - City of Eugene, Code, Land Use, 9.3900.DO NOT DISTURB TENANTS. Appointment only.

Last Listed By

David Smid

RE/MAX Integrity Brokerage Phone: 541-345-8100 License #200404377 Listed on: 12/17/2023

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,877 Sq Ft Home
  • Storage

Home Security

  • Security Lights
  • Security Gate

Parking

  • 3 Car Garage
  • Assigned Parking

Schools

  • River Road Elementary School
  • Kelly Middle School
  • North Eugene High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 0254522

Community Details

Overview

  • 2 Units
  • Whiteaker Subdivision
  • Property managed by Seller

Building Details

  • Operating Expense $5,700
  • Gross Income $42,180
  • Net Operating Income $36,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,618

Year Built

Built in 1947 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1947
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Attached
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: PillarPostPier, Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: PerviousPavement
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Garage
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Internet Service Type: Cable
  • Security: SecurityGate, SecurityLights, Sidewalk
  • Cooling: WallUnit
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Seller

Schools

  • Elementary School: River Road
  • High School: North Eugene
  • Middle Or Junior School: Kelly

Lot Info

  • Zoning: S-W
  • Parcel #: 0254522

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3617.84

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.26
  • Annual Gross Income: 42180.0
  • Property Net Operating Income: 36480.0
  • Annual Operating Expense: 5700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2023
Closed on
Apr 24, 2024
Sold by
Dupont Cori
Bought by
Parmenter Justin Lee
Seller's Agent
David Smid
RE/MAX Integrity
Buyer's Agent
Andy Haag
eXp Realty LLC
List Price
$579,000
Sold Price
$485,000
Premium/Discount to List
-$94,000
-16.23%
Total Days on Market
102
Views
80
Current Estimated Value
$507,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,880
Avg. Annual Appreciation
4.67%
Original Mortgage
$436,500
Outstanding Balance
$432,345
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$75,535

Purchase Details

Closed on
Jun 19, 2014
Sold by
Olson Gary L and Olson Anita H
Bought by
Dupont Cori

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
Parmenter Justin Lee $485,000 Cascade Title
Dupont Cori $185,000 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parmenter Justin Lee $436,500
Previous Owner Olson Gary L $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $485,000 +2.1% $258 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $475,000 -4.5% $253 / Sq Ft
02/24/2024 02/24/24 Price Changed $497,500 -0.5% $265 / Sq Ft
01/31/2024 01/31/24 Price Changed $500,000 -4.8% $266 / Sq Ft
01/11/2024 01/11/24 Price Changed $525,000 -4.4% $280 / Sq Ft
12/30/2023 12/30/23 Price Changed $549,000 -5.2% $292 / Sq Ft
12/17/2023 12/17/23 For Sale $579,000 -- $308 / 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 $27,036 $362,368 $0 $0
2022 $3,478 $176,567 $0 $0
2021 $3,267 $171,425 $0 $0
2020 $3,278 $166,433 $0 $0
2019 $3,166 $161,586 $0 $0
2018 $2,980 $152,311 $0 $0
2017 $2,847 $152,311 $0 $0
2016 $2,776 $147,875 $0 $0
2015 $2,682 $143,568 $0 $0
2014 $2,589 $139,386 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23661024

Regional Multiple Listing Service (RMLS)

APN: 0254522