NOT LISTED FOR SALE

980 N Cloverleaf Loop Springfield, OR 97477

Gateway Neighborhood

Estimated Value: $416,000 - $432,992

4 Beds
3 Baths
1,972 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $215,000 $109 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,577/month

46 Days on Market

Highlights

  • Parking Storage or Cabinetry
  • Controlled Entrance
  • Level Lot
  • Garage

About This Home

As of April 2017

Great investment property! Long-term tenants and great rental history with professional property management. Well-maintained property, with a new roof in 2016.

Last Agent to Sell the Property

Kurt Katsura

Windermere RE Lane County License #200307194 Listed on: 01/12/2017

Windermere RE Lane County

Last Buyer's Agent

LYNN SNOW

ICON Real Estate Group License #200503419

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,492

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Controlled Entrance

Home Design

  • Slab Foundation

Additional Features

  • Dishwasher
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1972
  • Year Built: 1977
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 05600
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Man Made
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Security: Entry

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator

Lot Info

  • Lot Description: Level
  • Zoning: MD
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3191.61
  • Assessor Parcel Number: 1164662

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.63

MLS Schools

  • Elementary School: Guy Lee
  • High School: Springfield
  • Middle School: Hamlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2017
Closed on
Apr 3, 2017
Sold by
Engelmann Kurt E
Bought by
Tchalemian Stephen A and Tchalemian Carla D
Seller's Agent
Kurt Katsura
Windermere RE Lane County
Buyer's Agent
LYNN SNOW
ICON Real Estate Group
List Price
$224,900
Sold Price
$215,000
Premium/Discount to List
-$9,900
-4.4%
Current Estimated Value
$423,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,498
Avg. Annual Appreciation
8.06%
Original Mortgage
$161,250
Outstanding Balance
$133,321
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$290,177
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tchalemian Stephen A $215,000 Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tchalemian Stephen A $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $215,000 -4.4% $109 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $224,900 -- $114 / 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
2025 $4,292 $234,048 -- --
2024 $4,222 $227,232 -- --
2023 $4,222 $220,614 $0 $0
2022 $3,911 $214,189 $0 $0
2021 $3,840 $207,951 $0 $0
2020 $3,728 $201,895 $0 $0
2019 $3,616 $196,015 $0 $0
2018 $3,409 $184,763 $0 $0
2017 $3,278 $184,763 $0 $0
2016 $3,192 $179,382 $0 $0
2015 $3,070 $174,157 $0 $0
2014 $2,950 $169,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kurt Katsura

    Seller's Agent in 2017

    Kurt Katsura

    Windermere RE Lane County

    (541) 465-8111

    99 Total Sales

    Kurt Katsura
    Section Image

  • L

    Buyer's Agent in 2017

    LYNN SNOW

    ICON Real Estate Group

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17095265

Regional Multiple Listing Service (RMLS)

APN: 1164662

Oregon Lane County Springfield 97477 Gateway

980 N Cloverleaf Loop, Springfield, OR

Not Listed for Sale

MultiFamily

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