NOT LISTED FOR SALE

988 N Cloverleaf Loop Springfield, OR 97477

Gateway Neighborhood

Estimated Value: $403,000 - $451,942

6 Beds
4 Baths
2,400 Sq Ft
$175/Sq Ft Est. Value

Sale Details

Date Sold: April 19, 2018

Last sale price $200,000 $83 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,653 / mo

21 Days on Market

Highlights

  • Heating unit installed on the ceiling
  • 2 Car Garage
  • Level Lot

About This Home

As of April 2018

Nice size units. Great location near Gateway Mall, busline, freeway access. Price reflects deferred maintenance but solid rental/building with much upside potential.

Last Agent to Sell the Property

carla little

Premiere Property Group, LLC License #960600197 Listed on: 02/15/2018

Premiere Property Group, LLC

Co-Listed By

Kelly White

Premiere Property Group, LLC License #201212488

Last Buyer's Agent

Julie Marie Bowman

InEugene Real Estate, LLC License #201219912

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,511

Year Built

  • Built in 1977

Lot Details

  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1164704

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,100
  • Gross Income $16,930
  • Net Operating Income $11,695

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,511

Year Built

Built in 1977

Lot Details

5,619 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1977
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 200000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

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

Schools

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

Lot Info

  • Zoning: MD
  • Parcel #: 1164704

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.52
  • Annual Gross Income: 16930.0
  • Property Net Operating Income: 11695.0
  • Annual Operating Expense: 6100.0

Tax Info

  • Tax Annual Amount: 3510.79

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 18, 2018
Sold by
Bought by
Seller's Agent
carla little
Premiere Property Group, LLC
Buyer's Agent
Julie Marie Bowman
InEugene Real Estate, LLC
List Price
$195,000
Sold Price
$200,000
Premium/Discount to List
$5,000
2.56%
Current Estimated Value
$420,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,236
Avg. Annual Appreciation
9.51%
Original Mortgage
$1,850,000
Outstanding Balance
$1,567,542
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
-$1,147,306

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 17, 2018
Sold by
Bought by
Seller's Agent
carla little
Premiere Property Group, LLC
Buyer's Agent
Julie Marie Bowman
InEugene Real Estate, LLC
List Price
$195,000
Sold Price
$200,000
Premium/Discount to List
$5,000
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Outstanding Balance
$1,567,542
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
-$1,147,306
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$200,000 Western Title
$200,000 Western Title & Escrow
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,850,000
Closed $1,850,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/19/2018 04/19/18 Sold $200,000 +2.6% $83 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $195,000 -- $81 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,597 $250,684 -- --
2024 $4,522 $243,383 -- --
2023 $4,522 $236,295 $0 $0
2022 $4,189 $229,413 $0 $0
2021 $4,113 $222,732 $0 $0
2020 $3,993 $216,245 $0 $0
2019 $3,873 $209,947 $0 $0
2018 $3,651 $197,896 $0 $0
2017 $3,511 $197,896 $0 $0
2016 $3,430 $192,132 $0 $0
2015 $3,308 $186,536 $0 $0
2014 $3,214 $181,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • c

    Seller's Agent in 2018

    carla little

    Premiere Property Group, LLC

    36 Total Sales

    carla little
    Section Image
  • Kelly White

    Seller Co-Listing Agent in 2018

    Kelly White

    Premiere Property Group, LLC

    (503) 670-9000

    50 Total Sales

    Kelly White
    Section Image

  • J

    Buyer's Agent in 2018

    Julie Marie Bowman

    InEugene Real Estate, LLC

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18424825

Regional Multiple Listing Service (RMLS)

APN: 1164704

Oregon Lane County Springfield 97477 Gateway

988 N Cloverleaf Loop, Springfield, OR

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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 © 2026 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.

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