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Sold on 07/15/2020
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1278 Sequoia Ave, Springfield, OR 97477

$329,000

Last sold 07/15/2020 after 8 Days

  • —

    bed

  • —

    bath

  • 1,660

    Sqft ($198/Sqft)

Multi-family not for sale
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About 1278 Sequoia Ave

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Rental estimate
Property description
Excellent opportunity! Well-maintained corner duplex in a convenient location, close to schools, parks, shopping, and bus lines. Fully occupied with great tenants who would like to stay. 1280 is the main floor unit with 2 bedrooms 1 bath and has new kitchen flooring, new carpet, new appliances, and includes washer & dryer. 1278 is the upper unit and has 1 bedroom 1 bath with laundry hook-ups. Both have ductless heat pumps for heat & AC, garages, and ample parking. Please do not disturb tenants.
Listed by
Listing Agent - Barb Barnard
Listing Agent Contact: 541-554-8233
Listing Office - Windermere RE Lane County
Source: RMLS mls logo
MLS#20225992 • last updated 6 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Cooling/AC Other
Heating Ductless
MLS # 20225992
Type Multi Family
Status Sold
Property Tax 4138.93
Year Built 1977
Exterior
Exterior Features Wood Siding
Lot Desc Corner Lot
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Lane
Area 249 - Lane Co: Springfield
Elementary School Centennial
Middle School Hamlin
High School Springfield
Zoning LD
Directions Centennial To Aspen, Right On Sequoia
APN 233575
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1000
Unit Type 2: Rent 895
Total # of Units 2
Gross Rent Multiplier 14.47
Net Operating Income 17741
Operating Expense 4998
Gross Income 22740
Cap Rate 5.39
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Aug 2020
    Public Records
  • Aug 20, 2020 Sold
    $329,000
  • Aug 2020
    mls logo MLS # 20225992
  • Aug 20, 2020 Sold
    $329,000
  • Jul 15, 2020 Pending
    —
  • Jul 7, 2020 Listed
    $329,000 (+25.6%)
  • Mar 2017
    Public Records
  • Mar 13, 2017 Sold
    $262,000
  • Mar 2017
    mls logo MLS # 16375544
  • Mar 13, 2017 Sold
    $262,000 (+0.8%)
  • Jan 25, 2017 Pending
    —
  • Nov 4, 2016 Listed
    $259,900
  • Year Property taxes Tax assessment
  • 2024
    $4,833 +4.4%
    $260,079 +3.0%
  • 2023
    $4,627 +3.4%
    $252,504 +3.0%
  • 2022
    $4,476 +1.8%
    $245,150 +3.0%
  • 2021
    $4,396 +3.0%
    $238,010 +3.0%
  • 2020
    $4,267 +3.1%
    $231,078 +3.0%
  • 2019
    $4,139 +6.1%
    $224,348 +6.09%
  • 2018
    $3,902 +4.7%
    $211,470
  • 2017
    $3,727 +2.3%
    $211,470 +3.0%
  • 2016
    $3,642 +2.1%
    $205,311
  • 2015
    $3,567
    —
  • 1278 Sequoia Ave
    $329K
  • West Springfield
    $455K +9% y/y
  • 97477
    $439K +2% y/y
  • Springfield
    $469K +4% y/y
No chart available
Statistics calculated by Movoto

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4/10
Centennial Elementary School
public Grades K-5
Springfield School District 19
2/10
Hamlin Middle School
public Grades 6-8
Springfield School District 19
3/10
Springfield High School
public Grades 9-12
Springfield School District 19
Source: GreatSchools.org © 2026. All rights reserved.

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