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205 East 3rd Avenue

205 East 3rd Avenue, Eugene, OR 97401
Multifamily in Market District
Sold Oct 14, 2019
$550,000
$412,500 by Flagstar Bank Fsb
Mortgage Due Aug 01, 2049
Sold Jul 23, 2019
$550,000
$412,500 by Flagstar Bank Fsb
Mortgage Due Aug 01, 2049
205 East 3rd Avenue has been categorized by the local assessors in Eugene, OR as a residential type of property. The building on the property was first built in 1895 and is 129 years old. However, we must point out that the home was most recently renovated and altered in 1968. The home has a total of 11 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 205 East 3rd Avenue has 4,163 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,454 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. The property was last sold in Jul 22, 2019 for $550,000. That's $115.77 per sqft. Prior to that sales transaction, the property was also sold in Jul 22, 2019 for $550,000. 205 East 3rd Avenue was last assessed in 2022. The total value of the property was assessed at $493,400. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,719. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Siding

Parking

On-Street Parking
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1895
  • Effective Year Built: 1968
  • Building Count: 2
  • Bedroom Count: 11
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Building Style: Duplex
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 588
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,454
  • Total Building Area: 4,751
  • Gross Building Area: 4,751
  • Building Area: 4,163
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 4,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TL 03500

Ownership

  • Current Owner : LEE JONG S
  • Current Owner 2: LEE JAE CHAN
  • Previous Owner : MEYERS STEWART
  • Owner Before Previous Owner: MEYERS STEWART

Neighborhood

  • School District Name: Eugene School District 4J
  • Census Tract: 004000

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 1703304403500
  • Account Number: 0257137
  • Parcel: 0257137
  • Lot: 3500
  • Meridian: SEC 30 TWN 17 RNG 03
  • Municipality: EUGENE
  • Latitude: 44.0569
  • Longitude: -123.089

    Address

  • Full Address: 205 E 3rd Ave
  • Address - House Number: 205
  • Street Direction: E
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Eugene
  • Carrier Code: C067
  • 4-Digit Zip Code: 2301
  • Zip Code: 97401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,719
  • Tax Rate Code Area: 00400

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 77
  • Final Value: 783,797
  • High Value: 920,483
  • Low Value: 647,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,500
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jul 23, 2019
  • First Open Lien Mortgage Loan Amount: $412,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $972,337
  • Market Land Value: $132,930
  • Market Improvement Value: $839,407

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $493,400

    Sales

  • Current Sale Contract Date: Jul 22, 2019
  • Current Sale Recording Date: Oct 14, 2019
  • Current Sale Transaction ID: 11664388151
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-046147
  • Previous Sale Recording Date: Jul 23, 2019
  • Previous Sale Contract Date: Jul 22, 2019
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jul 23, 2019
  • Previous Mortgage Loan Amount: $412,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About City Central



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Frequently Asked Questions

What neighborhood is 205 East 3rd Avenue located in?
The 205 East 3rd Avenue is a multifamily located in the neighborhood of Market District in City Central, Eugene.
What is the average sales price for listings in 205 East 3rd Avenue?
The average sales price for units in 205 East 3rd Avenue is $650,000 , or $211/sqft. currently.

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