NOT LISTED FOR SALE

997 N Cloverleaf Loop Springfield, OR 97477

Gateway Neighborhood

Estimated Value: $377,000 - $397,000

4 Beds
2 Baths
1,728 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $384,500 $223 Per Sq Ft

Current estimated payment $2,350/month

26 Days on Market

Highlights

  • Corner Lot
  • Heating unit installed on the ceiling
  • High Speed Internet
  • Board and Batten Siding
  • 2 Car Garage
  • 1-Story Property

About This Home

As of October 2024

Great 1 level duplex on the corner of Oakdale and Cloverleaf loop featuring 2 bedrooms and 1 bath per side. Convenient location and durable income at $1250 & $995. Do not disturb the tenants.

Last Agent to Sell the Property

Mike Sims

RE/MAX Integrity Brokerage Phone: 541-345-8100 License #910200151 Listed on: 07/12/2024

RE/MAX Integrity

Last Buyer's Agent

James St Clair

St Clair Properties License #200408192

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Board and Batten Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-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
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number 1164753

Community Details

Overview

  • 2 Units
  • Property managed by Vista Property management

Building Details

  • Operating Expense $7,027
  • Gross Income $26,940
  • Net Operating Income $26,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,819

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: BoardBattenSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier
  • View: No
  • Lot Features: CornerLot
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Vista Property management

Schools

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

Lot Info

  • Zoning: MD
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 1164753

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3818.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.84
  • Annual Gross Income: 26940.0
  • Property Net Operating Income: 26940.0
  • Annual Operating Expense: 7027.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 23, 2024
Sold by
Jean Christensen Revocable Living Trust and Christensen Carla Jean
Bought by
Atwood Miah and Atwood Jeff
Seller's Agent
Mike Sims
RE/MAX Integrity
Buyer's Agent
James St Clair
St Clair Properties
List Price
$399,900
Sold Price
$384,500
Premium/Discount to List
-$15,400
-3.85%
Views
23
Current Estimated Value
$385,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,007
Avg. Annual Appreciation
0.26%
Original Mortgage
$365,275
Outstanding Balance
$361,325
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$24,182

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 5, 2024
Sold by
Kaye A Lefrancq Revocable Trust and Newcomb James Robert
Bought by
Jean Christensen Revocable Living Trust and Christensen
Seller's Agent
Mike Sims
RE/MAX Integrity
Buyer's Agent
James St Clair
St Clair Properties
List Price
$399,900
Sold Price
$384,500
Premium/Discount to List
-$15,400
-3.85%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,275
Outstanding Balance
$361,325
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$24,182

Purchase Details

Closed on
Mar 22, 2007
Sold by
Lefrancq Kaye A
Bought by
Christensen Carla Jean and Jean Christensen Revocable Living Trust

Purchase Details

Closed on
Aug 30, 1999
Sold by
Summers Emory F and Summers Joyce D
Bought by
Summers Joyce D and Joyce D Summers Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Atwood Miah $384,500 Cascade Title
Jean Christensen Revocable Living Trust -- Cascade Title
Christensen Carla Jean -- None Available
Summers Joyce D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atwood Miah $365,275
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $384,500 -3.9% $223 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $399,900 -- $231 / 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
2024 $3,988 $214,627 -- --
2023 $3,988 $208,376 $0 $0
2022 $3,694 $202,307 $0 $0
2021 $3,627 $196,415 $0 $0
2020 $3,522 $190,695 $0 $0
2019 $3,416 $185,141 $0 $0
2018 $3,220 $174,514 $0 $0
2017 $3,096 $174,514 $0 $0
2016 $3,011 $169,431 $0 $0
2015 $2,903 $164,496 $0 $0
2014 $2,801 $159,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Sims

    Seller's Agent in 2024

    Mike Sims

    RE/MAX

    (541) 510-0552

    4 in this area

    95 Total Sales

    Mike Sims
    Section Image
  • James St Clair

    Buyer's Agent in 2024

    James St Clair

    St Clair Properties

    (541) 200-6966

    1 in this area

    113 Total Sales

    James St Clair
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24056281

Regional Multiple Listing Service (RMLS)

APN: 1164753

Oregon Lane County Springfield 97477 Gateway

997 N Cloverleaf Loop, Springfield, OR

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