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2251 Lathen Way

2251 Lathen Way, Eugene, OR 97408
Property in Lane
Sold Nov 30, 2017
$715,000
$579,980 by Better Mortgage Corporation
Mortgage Due Apr 01, 2052
Sold Sep 08, 2016
$550,000
Local assessors in Eugene, OR have categorized 2251 Lathen Way as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 7,840 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2251 Lathen Way has a total of 3,534 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 814 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable or hip style roof that was made of composition shingle. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2251 Lathen Way sold most recently in Nov 29, 2017 for a total of $715,000. If you work out the math, that's approximately a cost of $164.44 per sqft. Before that, the property was also sold for $550,000 in Aug 30, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,353 in taxes each year. 2251 Lathen Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $520,418. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: A
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 814
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,840
  • Total Building Area: 4,348
  • Gross Building Area: 4,348
  • Building Area: 3,534
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,534
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY HAVEN
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION PLAT COUNTRY HAVEN LOT 22 TL 04000

Ownership

  • Current Owner : HALL MICHAEL S
  • Current Owner 2: HALL MISTY D
  • Previous Owner : HEITMAN CUSTOM HOMES LLC
  • Owner Before Previous Owner: FAVREAU ANTHONY J
  • Owner Before Previous Owner 2: FAVREAU CYNTHIA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Eugene School District 4J
  • Census Tract: 002203

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 1703082404000
  • Account Number: 1870722
  • Parcel: 1870722
  • Lot: 22
  • Meridian: SEC 08 TWN 17 RNG 03
  • Municipality: EUGENE
  • Latitude: 44.107
  • Longitude: -123.077

    Address

  • Full Address: 2251 Lathen Way
  • Address - House Number: 2251
  • Address - Street Name: Lathen
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Eugene
  • Carrier Code: C071
  • 4-Digit Zip Code: 4823
  • Zip Code: 97408

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,353
  • Tax Rate Code Area: 00400

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 683,451
  • High Value: 802,302
  • Low Value: 564,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $579,980
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 26, 2022
  • First Open Lien Mortgage Loan Amount: $579,980
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $946,723
  • Market Land Value: $229,654
  • Market Improvement Value: $717,069

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,418

    Sales

  • Current Sale Contract Date: Nov 29, 2017
  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Transaction ID: 11314814088
  • Current Sale Price: $715,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017-059066
  • Previous Sale Recording Date: Sep 08, 2016
  • Previous Sale Contract Date: Aug 30, 2016
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Nov 30, 2017
  • First Mortgage Loan Amount: $424,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

About Lane



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Frequently Asked Questions

What neighborhood is 2251 Lathen Way located in?
The 2251 Lathen Way is a located in the neighborhood of Lane in Lane, Eugene.
What is the average sales price for listings in 2251 Lathen Way?
The average sales price for units in 2251 Lathen Way is $0 currently.

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