$369,900
SOLD JUN 20, 2024
3 Beds
2 Baths
1,644 Sq Ft
0.33 Acres

Recently Sold

$225 Per Sq Ft

1% Above List Price

38 Days on Market

Highlights

  • Storage
  • Heating System Uses Gas
  • 1-Story Property

About This Home

As of June 2024

Adorable and affordable duplex on a .33 acre lot at the edge of Eugene city limits and featuring excellent freeway access. Great investment opportunity boasting long term tenants and a durable income stream. Viewings only after accepted offer. Do not disturb the tenants.

Last Agent to Sell the Property

Mike Sims

RE/MAX Integrity Brokerage Phone: 541-345-8100 License #910200151 Listed on: 02/12/2024

RE/MAX Integrity

Last Buyer's Agent

Anne Bridget Geertsen

ICON Real Estate Group License #201212303

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1938

Lot Details

  • 0.33 Acre Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Stem Wall Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Cement Siding

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Schools

  • Centennial Elementary School
  • Hamlin Middle School
  • Springfield High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Wall Furnace
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 0688745

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,359
  • Gross Income $25,380
  • Net Operating Income $23,321

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,559

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1938
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Locked
  • Total Bedrooms: 3
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: PillarPostPier, StemWall
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace, WallHeater
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Private

Schools

  • Elementary School: Centennial
  • High School: Springfield
  • Middle Or Junior School: Hamlin

Lot Info

  • Zoning: RR2
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374.0
  • Parcel #: 0688745

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1558.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.38
  • Annual Gross Income: 25380.0
  • Property Net Operating Income: 23321.0
  • Annual Operating Expense: 2359.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Jun 20, 2024
Sold by
Pleasant Hill Enterprises 2 Llc
Bought by
Stell Gregory G
Seller's Agent
Mike Sims
RE/MAX Integrity
Buyer's Agent
Anne Bridget Geertsen
ICON Real Estate Group
List Price
$364,900
Sold Price
$369,900
Premium/Discount to List
$5,000
1.37%
Total Days on Market
38
Views
121
Current Estimated Value
$364,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
-1.42%
Original Mortgage
$12,947
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2018
Closed on
Mar 26, 2018
Sold by
Husbands Greg D
Bought by
Pleasant Hill Enterprises 2 Llc
Seller's Agent
Mario Ruiz
ICON Real Estate Group
Buyer's Agent
Mario Ruiz
ICON Real Estate Group
List Price
$129,000
Sold Price
$106,500
Premium/Discount to List
-$22,500
-17.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.08%

Purchase Details

Listed on
Jan 9, 2018
Closed on
Mar 23, 2018
Sold by
Husbands Greg D
Bought by
Pleasant Hill Enterprises 2 Llc
Seller's Agent
Mario Ruiz
ICON Real Estate Group
Buyer's Agent
Mario Ruiz
ICON Real Estate Group
List Price
$129,000
Sold Price
$106,500
Premium/Discount to List
-$22,500
-17.44%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $369,900 Western Title
Warranty Deed $106,500 First American Title
Warranty Deed $106,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $12,947 New Conventional
Open $363,199 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $369,900 +1.4% $225 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $364,900 +242.6% $222 / Sq Ft
03/26/2018 03/26/18 Sold $106,500 -17.4% $71 / Sq Ft
02/04/2018 02/04/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $129,000 -- $86 / 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 $1,641 $145,915 $0 $0
2022 $1,496 $141,666 $0 $0
2021 $1,461 $137,540 $0 $0
2020 $1,415 $133,534 $0 $0
2019 $1,424 $129,645 $0 $0
2018 $1,376 $122,203 $0 $0
2017 $1,326 $122,203 $0 $0
2016 $1,291 $118,644 $0 $0
2015 $1,257 $115,188 $0 $0
2014 $1,217 $111,833 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24198977

Regional Multiple Listing Service (RMLS)

APN: 0688745