NOT LISTED FOR SALE

987 N Cloverleaf Loop Springfield, OR 97477

Gateway Neighborhood

Estimated Value: $386,000 - $437,093

6 Beds
4 Baths
2,090 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 30, 2014

Last sale price $175,000 $84 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,645/month

176 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 1-Story Property
  • Garage

About This Home

As of December 2014

Great investment opportunity! Long term tenants of 4 and 10 years. Please allow 24 hour notice for all showings. Nice layout and close to Gateway Mall, park, easy access to I-5. Some deferred maintenance.... property needs some TLC but in overall good condition. Don't miss out! Priced to sell quick!

Last Listed By

Paula Thompson

RE/MAX Integrity License #200508157 Listed on: 06/30/2014

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 1977

Lot Details

  • 6,839

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Assigned Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,234

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2090
  • Stories: 1
  • Year Built: 1977
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: TL 06100
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: MD

Tax Info

  • Tax Amount: 2846.08
  • Assessor Parcel Number: 1164712

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.97

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Dec 29, 2014
Sold by
University Of Oregon Foundation
Bought by
Shepard Investment Group Llc
Seller's Agent
Paula Thompson
RE/MAX Integrity
Buyer's Agent
Rene Nelson
PacWest Commercial RE, Inc
List Price
$210,000
Sold Price
$175,000
Premium/Discount to List
-$35,000
-16.67%
Total Days on Market
176
Current Estimated Value
$411,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,523
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Jun 30, 2014
Sold by
Lefrancq Kaye A
Bought by
Univesity Of Oregon Foundaton

Purchase Details

Closed on
Oct 27, 2011
Sold by
Christensen Carla Jean
Bought by
Lefrancq Kaye A and Kaye A Lefrancq Revocable Trust

Purchase Details

Closed on
Mar 10, 2003
Sold by
Lefrance Kaye A
Bought by
Christensen Carla Jean

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
Shepard Investment Group Llc $175,000 Western Title & Escrow Co
Univesity Of Oregon Foundaton $205,000 Cascade Title Company
Lefrancq Kaye A -- None Available
Christensen Carla Jean -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2014 12/30/14 Sold $175,000 -16.7% $84 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $210,000 -- $100 / 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 $4,234 $221,206 $0 $0
2022 $3,921 $214,764 $0 $0
2021 $3,851 $208,509 $0 $0
2020 $3,738 $202,436 $0 $0
2019 $3,626 $196,540 $0 $0
2018 $3,418 $185,258 $0 $0
2017 $3,287 $185,258 $0 $0
2016 $3,218 $179,862 $0 $0
2015 $3,126 $174,623 $0 $0
2014 $2,958 $169,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Thompson

    Seller's Agent in 2014

    Paula Thompson

    RE/MAX

    (541) 912-3040

    1 in this area

    89 Total Sales

    Paula Thompson
    Section Image

  • R

    Buyer's Agent in 2014

    Rene Nelson

    PacWest Commercial RE, Inc

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14041552

Regional Multiple Listing Service (RMLS)

APN: 1164712

Oregon Lane County Springfield 97477 Gateway

987 N Cloverleaf Loop, Springfield, OR

Homes for Sale in Springfield, OR

This home is located at 987 N Cloverleaf Loop, Springfield, OR 97477 since 30 June 2014 and is currently estimated at $411,523, approximately $196 per square foot. This property was built in 1977. 987 N Cloverleaf Loop is a home located in Lane County with nearby schools including Guy Lee Elementary School, Hamlin Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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