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$368,500

Beds
1
Baths
1.0
sq ft
400

2925 Mill St, Eugene, OR 97405

2925 Mill St

Eugene, OR 97405

  • Pending
    • Price drop $6,500↓
Rare find! This adorable cottage adorns a generous sunny lot with plenty of room for gardening, entertaining, and potential for development. The convenient SE location enables one to feel the neighborhood vibe, yet still be close to eateries, shops, the U of O and LCC, hiking trails, dog parks, bike paths, community centers, etc. Recent updates include: ductless heating and cooling, tasteful light fixtures, plaster and paint in living and bedroom, an additional bedroom window, sturdy curtain rods throughout, new stylish refrigerator, carefully selected improved storage additions, plus perennial landscaping and food garden. Gas service to the home could be resumed if desired; service was stopped when mini split was installed. The backyard studio comes with custom cork flooring ready to be installed and woven into a new and improved vision for the space. Per current middle housing regulations, possibility for development is highly probable (buyer to do due diligence). The possibilities are endless with this cutie -- don't let it slip away!

Details

Property type

Single Family Residence

Est. home value

$332,585

Property condition

Updated/Remodeled

Lot size

7,840 sq ft

Price per sq ft

$922

Year built

1946

Annual property taxes

$1,502.67

Price History

09/11/2024
PortlandOR

PortlandOR #24268350

Pending
$368,500
09/08/2024
PortlandOR

PortlandOR #24268350

Price change
$368,500
-1.73%
08/13/2024
PortlandOR

PortlandOR #24268350

Listed
$375,000
+16.46%

Schools & Community

Neighborhood: 

Southeast

Elementary school: 

Camas Ridge

Middle school: 

Roosevelt

High school: 

South Eugene

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Camas Trust

Loan start date

November 2023

Original loan amount

$262,400

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Commercial, 5 year

Seller

Aricha D Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 11/03/2024 at 4:55 AM

Listing updated: 09/23/2024 at 10:39 AM

Listed by: Aricha Smith, Jodie Smith Real Estate Co. Phone #: (541) 729-3801

MLS: PortlandOR #24268350

PortlandOR logo

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