Check Availability

497 Covey Lane

497 Covey Lane, Eugene, OR 97401
House in Harlow
Sold Aug 21, 2020
$354,900
$266,175 by Summit Funding Inc
Mortgage Due Sep 01, 2050
Sold Jul 22, 2013
$280,000
$140,000 by Guild Mortgage Co
Mortgage Due Aug 01, 2043
497 Covey Lane 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 2001 and is 23 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 497 Covey Lane has 2,103 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 3,270 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 437 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. 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 alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 497 Covey Lane sold most recently in Aug 18, 2020 for a total of $354,900. If you work out the math, that's approximately a cost of $139.72 per sqft. Before that, the property was also sold for $280,000 in Jul 12, 2013. 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 $6,888 in taxes each year. 497 Covey Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $360,859. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 3,270
  • Total Building Area: 2,540
  • Gross Building Area: 2,540
  • Building Area: 2,103
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,103
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUAIL RUN
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION PLAT QUAIL RUN PHASE 2 LOT 51 TL 973

Ownership

  • Current Owner : SMITH LYNNE
  • Previous Owner : ALDRICH TIMOTHY C
  • Previous Owner 2: ALDRICH SUZANNE M
  • Owner Before Previous Owner: JOHN CAROL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eugene School District 4J
  • Census Tract: 003104

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 1703331100973
  • Account Number: 1637212
  • Subdivision Phase Number: 2
  • Parcel: 1637212
  • Lot: 51
  • Meridian: SEC 33 TWN 17 RNG 03
  • Municipality: EUGENE
  • Latitude: 44.0534
  • Longitude: -123.051

    Address

  • Full Address: 497 Covey Ln
  • Address - House Number: 497
  • Address - Street Name: Covey
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Eugene
  • Carrier Code: C003
  • 4-Digit Zip Code: 8850
  • Zip Code: 97401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,888
  • Tax Rate Code Area: 00400

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 80
  • Final Value: 497,228
  • High Value: 575,585
  • Low Value: 418,870

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,175
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Loan Amount: $266,175
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $456,947
  • Market Land Value: $94,792
  • Market Improvement Value: $362,155

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $360,859

    Sales

  • Current Sale Contract Date: Aug 18, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11781488854
  • Current Sale Price: $354,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-046674
  • Previous Sale Recording Date: Jul 22, 2013
  • Previous Sale Contract Date: Jul 12, 2013
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $266,175
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GUILD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jul 22, 2013
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Willakenzie



Similar Buildings

House at 497 Covey Lane,

729 Aspen Street

  • 1 Unit for Sale
729 Aspen Street, Springfield, OR 97477
House at 497 Covey Lane,

765 Ascot Drive

  • 1 Unit for Sale
765 Ascot Drive, Eugene, OR 97401

Nearby Rentals

Unit for rent at 3050 Onyx St, Eugene, OR, 97405

$2,495 /mo

  • 4 Beds
  • 2 Baths
3050 Onyx St #3050 Onyx St, Eugene, OR, 97405 Listing by Manager
Unit for rent at 460 East 15th, Eugene, OR, 97401

$2,550 /mo

  • 3 Beds
  • 1 Bath
460 East 15th #460 East 15th, Eugene, OR, 97401 Listing by Manager
Unit for rent at 2716 Harris Street, Eugene, OR, 97405

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,428 ft²
2716 Harris Street #2716 Harris Street, Eugene, OR, 97405 Listing by Manager
Unit for rent at 319 Country Club Rd, Eugene, OR, 97401

$2,495 /mo

  • 1 Bed
  • 2.5 Baths
  • 1,202 ft²
319 Country Club Rd #319 Country Club Rd, Eugene, OR, 97401 Listing by Manager
Unit for rent at 581 Covey Lane, Eugene, OR, 97401

$2,750 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,845 ft²
581 Covey Lane #581 Covey Lane, Eugene, OR, 97401 Listing by Manager
Unit for rent at 585 E 14th Ave #6, Eugene, OR, 97401

$2,400 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,470 ft²
585 E 14th Ave #6 #585 E 14th Ave #6, Eugene, OR, 97401 Listing by 14th & Patterson Building
Unit for rent at 2321 Augusta, Eugene, OR, 97403

$2,495 /mo

  • 5 Beds
  • 2 Baths
2321 Augusta #2321 Augusta, Eugene, OR, 97403 Listing by Manager

Frequently Asked Questions

What neighborhood is 497 Covey Lane located in?
The 497 Covey Lane is a house located in the neighborhood of Harlow in Willakenzie, Eugene.
What is the average sales price for listings in 497 Covey Lane?
The average sales price for units in 497 Covey Lane is $349,900 , or $166/sqft. currently.

Quantcast