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2540 McMillan Street

2540 McMillan Street, Eugene, OR 97405
Property in College Hill
Sold May 14, 2021
$470,000
$368,000 by Homebridge Financial Services
Mortgage Due Jun 01, 2051
Sold Aug 18, 2014
$161,500
2540 McMillan Street in Eugene, OR was first built in 1956 and is 68 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2540 McMillan Street has 1,278 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,501 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 228 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2540 McMillan Street was last sold in May 12, 2021 for $470,000. According to our calculations, that's $312.08 per sqft. Prior to that sales transaction, the property was sold for $161,500 in Aug 15, 2014. Current property owners are expected to pay $3,953 in taxes per year. The property on 2540 McMillan Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $200,703. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 228
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,501
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,506
  • Gross Building Area: 1,506
  • Building Area: 1,278
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,278
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TL 11500

Ownership

  • Current Owner : FINK LISA
  • Current Owner 2: RICHARDS MATTHEW
  • Previous Owner : ASHIRA LLC
  • Owner Before Previous Owner: SWANSON LOREN R
  • Owner Before Previous Owner 2: SWANSON JEANNE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Eugene School District 4J
  • Census Tract: 004700

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 1803064211500
  • Account Number: 0629236
  • Parcel: 0629236
  • Lot: 11500
  • Meridian: SEC 06 TWN 18 RNG 03
  • Municipality: EUGENE
  • Latitude: 44.0306
  • Longitude: -123.094

    Address

  • Full Address: 2540 Mcmillan St
  • Address - House Number: 2540
  • Address - Street Name: Mcmillan
  • Address - Suffix Type: St
  • State: OR
  • City Name: Eugene
  • Carrier Code: C008
  • 4-Digit Zip Code: 3115
  • Zip Code: 97405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,953
  • Tax Rate Code Area: 00400

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 80
  • Final Value: 538,425
  • High Value: 622,126
  • Low Value: 454,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $368,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: May 14, 2021
  • First Open Lien Mortgage Loan Amount: $368,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $490,559
  • Market Land Value: $111,307
  • Market Improvement Value: $379,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $200,703

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: May 14, 2021
  • Current Sale Transaction ID: 11834555594
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-033054
  • Previous Sale Recording Date: Aug 18, 2014
  • Previous Sale Contract Date: Aug 15, 2014
  • Previous Sale Amount: $161,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: May 14, 2021
  • First Mortgage Loan Amount: $368,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About South Eugene



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2540 McMillan Street located in?
The 2540 McMillan Street is a located in the neighborhood of College Hill in South Eugene, Eugene.
What is the average sales price for listings in 2540 McMillan Street?
The average sales price for units in 2540 McMillan Street is $0 currently.

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