NOT LISTED FOR SALE

904 N Park Ave Eugene, OR 97404

River Road Neighborhood

Estimated Value: $409,710

2 Beds
4 Baths
1,884 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $399,000 $212 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,546/month

13 Days on Market

Highlights

  • Landscaped with Trees
  • Level Lot
  • 1-Story Property
  • Zoned Heating
  • Wood Siding

About This Home

As of February 2024

Introducing the perfect investment opportunity in a convenient location! Just a 5-minute drive to the vibrant heart of Downtown Eugene, with easy access to belt line and I-5, this home is a for great opportunity for buyers looking to maximize their investment potential.Situated on a lot that offers ample space to roam about and garden, this property is divided into two separate units, each offering its own set of unique features. On one side, you'll find a charming 3-bedroom, 1-bathroom unit with a separate yard, carport, and laundry facilities. The other side boasts a cozy 2-bedroom, 1-bathroom unit with the added bonus of a fenced-in front yard, perfect for creating your own private Space.Step inside the two-bedroom unit, and you'll be greeted with a fresh, modern feel. Recently updated with new stainless steel appliances, interior paint, and an updated bathroom, Rest easy knowing that a brand-new 40-year roof was installed just three years ago, ensuring your investment remains protected for years to come. With a solid foundation in place, all you need to bring is your creative vision to make this property shine even brighter.Whether you're an astute investor seeking steady rental income or a savvy buyer looking to live in one side and rent out the other, this home offers the flexibility you desire.

Last Listed By

Amanda Parker

Parker Heights Realty License #201219748 Listed on: 01/05/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1950

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Carport

Home Design

  • Stem Wall Foundation
  • Wood Siding

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 0424018

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1
  • Gross Income $32,400
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,225

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1950
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: StemWall
  • View: No
  • Lot Features: Level, Trees
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R1
  • Parcel #: 0424018

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3224.82

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.31
  • Annual Gross Income: 32400.0
  • Property Net Operating Income: 32400.0
  • Annual Operating Expense: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 12, 2024
Sold by
Lawrence Nichole Michael
Bought by
Schaaf Naomi and Hankins-Hogue Matthew
Seller's Agent
Amanda Parker
Parker Heights Realty
Buyer's Agent
Mara Gregory
Keller Williams Realty Eugene and Springfield
List Price
$399,000
Sold Price
$399,000
Total Days on Market
13
Views
116
Current Estimated Value
$409,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,710
Avg. Annual Appreciation
1.94%
Original Mortgage
$391,773
Outstanding Balance
$387,525
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$20,856

Purchase Details

Closed on
May 16, 2003
Sold by
Wren William E
Bought by
Lawrence Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.71%
Mortgage Type
Seller Take Back

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
Schaaf Naomi $399,000 Western Title
Lawrence Michael J $105,000 Western Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaaf Naomi $391,773
Previous Owner Lawrence Nichole Michael $35,000
Previous Owner Lawrence Michael J $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $399,000 0.0% $212 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $399,000 0.0% $212 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $399,000 -- $212 / 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 $3,303 $187,337 $0 $0
2022 $3,106 $181,881 $0 $0
2021 $2,889 $176,584 $0 $0
2020 $2,909 $171,441 $0 $0
2019 $2,807 $166,448 $0 $0
2018 $2,618 $156,893 $0 $0
2017 $2,498 $156,893 $0 $0
2016 $2,383 $152,323 $0 $0
2015 $2,257 $147,886 $0 $0
2014 $2,269 $143,579 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Parker

    Seller's Agent in 2024

    Amanda Parker

    Parker Heights Realty

    (541) 579-1010

    12 in this area

    189 Total Sales

    Amanda Parker
    Section Image
  • Mara Gregory

    Buyer's Agent in 2024

    Mara Gregory

    Keller Williams Realty Eugene and Springfield

    (541) 731-0254

    4 in this area

    106 Total Sales

    Mara Gregory
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24562119

Regional Multiple Listing Service (RMLS)

APN: 0424018

Oregon Lane County Eugene 97404 River Road

904 N Park Ave, Eugene, OR

Homes for Sale in Eugene, OR

This home is located at 904 N Park Ave, Eugene, OR 97404 since 05 January 2024 and is currently priced at $409,710, approximately $217 per square foot. This property was built in 1950. 904 N Park Ave is a home located in Lane County with nearby schools including River Road/El Camino del Río Elementary School, Kelly Middle School, and North Eugene High School.

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Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.