NOT LISTED FOR SALE

993 N Cloverleaf Loop Springfield, OR 97477

Gateway Neighborhood

Estimated Value: $422,000 - $460,399

4 Beds
4 Baths
1,972 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $382,400 $194 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,609/month

28 Days on Market

Highlights

  • City View
  • 2 Car Attached Garage
  • Level Lot
  • Waterfront
  • Zoned Heating

About This Home

As of March 2024

Townhouse style duplex in convenient Springfield location! Located close to Riverbend hospital, Gateway Street amenities, the Shoppes of Gateway, restaurants, grocery, movie theater, bus line, highways and more. Each unit has two bedrooms, 1 bathroom upstairs and 1/2 bath downstairs, attached 1-car garage on both sides. Perfect for an owner occupied or an investor. Backyard is fenced but the property line extends almost to the path. Potential for an additional building making this lot a triplex lot.

Last Agent to Sell the Property

Janine Douglas

ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #940400096 Listed on: 01/13/2024

ICON Real Estate Group

Last Buyer's Agent

Nicole Ferrell

Triple Oaks Realty LLC License #201207998

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1977

Lot Details

  • Waterfront
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,972 Sq Ft Home
  • 2-Story Property
  • City Views

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1164720

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Property managed by Sterling Property Management

Building Details

  • Gross Income $29,160
  • Net Operating Income $25,595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,565

Year Built

Built in 1977

Lot Details

0

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: 382400.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 7,000 to 9,999 SqFt
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Waterfront Features: Other
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Attached, 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: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Sterling Property Management
  • Association: Yes

Schools

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

Lot Info

  • Zoning: MD
  • Parcel #: 1164720

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3565.26

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.71
  • Annual Gross Income: 29160.0
  • Property Net Operating Income: 25595.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Feb 12, 2024
Sold by
Pratt Family Trust
Bought by
Sato Naookie
Seller's Agent
Janine Douglas
ICON Real Estate Group
Buyer's Agent
Nicole Ferrell
Triple Oaks Realty LLC
List Price
$429,900
Sold Price
$382,400
Premium/Discount to List
-$47,500
-11.05%
Views
126
Current Estimated Value
$437,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,450
Avg. Annual Appreciation
7.72%
Original Mortgage
$267,680
Outstanding Balance
$262,761
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$175,089

Purchase Details

Closed on
Jan 11, 2006
Sold by
Pratt Bruce W and Pratt Anne L
Bought by
Pratt Bruce W and Pratt Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2006
Sold by
Pratt Bruce W and Pratt Anne L
Bought by
Pratt Bruce W and Pratt Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.27%
Mortgage Type
New Conventional
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
Sato Naookie $382,400 First American Title
Pratt Bruce W -- First American Title
Pratt Bruce W -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sato Naookie $267,680
Previous Owner Pratt Bruce W $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $382,400 -4.4% $194 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $399,900 -7.0% $203 / Sq Ft
01/13/2024 01/13/24 For Sale $429,900 -- $218 / 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 $3,785 $206,402 -- --
2024 $3,724 $200,391 -- --
2023 $3,724 $194,555 $0 $0
2022 $3,449 $188,889 $0 $0
2021 $3,387 $183,388 $0 $0
2020 $3,288 $178,047 $0 $0
2019 $3,189 $172,862 $0 $0
2018 $3,006 $162,940 $0 $0
2017 $2,891 $162,940 $0 $0
2016 $2,830 $158,194 $0 $0
2015 $2,749 $153,586 $0 $0
2014 $2,708 $149,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janine Douglas

    Seller's Agent in 2024

    Janine Douglas

    ICON Real Estate Group

    (541) 913-4824

    1 in this area

    65 Total Sales

    Janine Douglas
    Section Image
  • Nicole Ferrell

    Buyer's Agent in 2024

    Nicole Ferrell

    Triple Oaks Realty LLC

    (541) 913-9973

    9 in this area

    89 Total Sales

    Nicole Ferrell
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24326985

Regional Multiple Listing Service (RMLS)

APN: 1164720

Oregon Lane County Springfield 97477 Gateway

993 N Cloverleaf Loop, Springfield, OR

Not Listed for Sale

MultiFamily

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