987 North Cloverleaf Loop

Sold 12/30/14
Sold 12/30/14
Gallery Image 1
Sold
Last Sold Price
$175,000
987 N Cloverleaf Loop, Springfield, OR 97477
1977Year Built

Description

Great investment opportunity! Long term tenants of 4 and 10 years. Please allow 24 hour notice for all showings. Nice layout and close to Gateway Mall, park, easy access to I-5. Some deferred maintenance.... property needs some TLC but in overall good condition. Don't miss out! Priced to sell quick!Great investment opportunity! Long term tenants of 4 and 10 years. Please allow 24 hour notice for all showings. Nice layout and close to Gateway Mall, park, easy access to I-5. Some deferred maintenance.... property needs some TLC but in overall good condition. Don't miss out! Priced to sell quick!
  • Listed by: Paula Thompson • Key Realty Group, Inc
Listing closed: 12/30/2014 12:00 AM • Source: RMLS, MLS#: 14041552

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Location

Listing Courtesy of Key Realty Group, Inc

Sold By PacWest Commercial RE, Inc

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$1,171 per month

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Principal and Interest

$934

Property Taxes

$237

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Property Information for 987 North Cloverleaf Loop

Property Details
  • Taxes: $2,846 / year
  • MLS Type: Sale / Residential / Building / DUPLEX / 2 / 2
  • County: Lane County
Building Information
  • Stories: 1
  • Residences: 2
  • Year Built: 1977
Summary
Location and General Information
  • Area: Lane Co: Springfield
  • Country: US
  • Directions: Gateway to Oakdale to Cloverleaf
Parking
  • Parking Description: Assigned, Garage
Taxes and HOA Information
  • FIRPTA Y/N: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level
  • Zoning: MD
Property and Assessments
  • Water Description: Public
Utilities
  • Fuel Description: Electricity
  • Heating Description: Ceiling
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: T-111 Siding
  • Roof Type: Composition
Interior Features
  • Basement Foundation: Slab
  • View Y/N: No
Multi Family
Multi-Family Information
  • Gross Income Actual: $15,877
  • Gross Rent Multiplier: 12
  • Investor Information: Rent Records
  • Net Income Actual: $14,337
  • Occupancy Types: Leased
  • Operating Expenses Actual: $4,385
  • SqFt Approximate Building Total: 2090
  • Storage: Garage(s)
  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Fireplace, Range, Refrigerator
  • Unit Type 1 Rent: $700
  • Unit Type 1 SqFt: 1045.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Dishwasher, Fireplace, Range, Refrigerator
  • Unit Type 2 Rent: $700
  • Unit Type 2 SqFt: 1045.0
  • Unit Type 2 Units Total: 1

Property History for 987 North Cloverleaf Loop

DateEvent & SourcePriceAppreciation
Dec 29, 2014

Sold (Public Record)

Public Record #485171657

$175,000

-27.2% / yr

Jun 30, 2014

Sold (Public Record)

Public Record #418190468

$205,000—
DateEvent & SourcePrice
12/29/2014

Sold (Public Record)

Public Record #485171657

$175,000

-27.2% / yr

06/30/2014

Sold (Public Record)

Public Record #418190468

$205,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 987 North Cloverleaf Loop

Taxable ValueLand-Additions-Total-
Tax Record2025$4,303 ($359 / month)
Home Facts
Baths2Total Finished SqFt2,090 SqFtAbove Grade Finished SqFt2,090 SqFtStories1Lot Size6,970 SqFtStyleDuplexYear Built1977Year Renovated1992ZoningMD- MEDIUM DECountyLANEAPN17-03-22-31-06100-000Fireplace TypeHas Fireplace

Schools near 987 North Cloverleaf Loop

This home is within Springfield School District 19.
Rating
School
Type
Grades
Distance
Guy Lee Elementary School
Public - K to 5
Hamlin Middle School
Public - 6 to 8
Springfield High School
Public - 9 to 12
Academy Of Arts And Academics
Public - 9 to 12
Rating
School
Distance
Guy Lee Elementary School
PublicK to 5

Hamlin Middle School
Public6 to 8

Springfield High School
Public9 to 12

Academy Of Arts And Academics
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 987 North Cloverleaf Loop, Springfield, OR 97477
$175,000
–
–
–
–
983 North Cloverleaf Loop, Springfield, OR 97477
–
–
3
2,706
5,702
2842 Fiesta Drive, Springfield, OR 97477
–
–
1,904
6,534
977 North Cloverleaf Loop, Springfield, OR 97477
$225,000
–
–
–
–
997 North Cloverleaf Loop, Springfield, OR 97477
$384,500
–
–
1,728
7,405
2856 Fiesta Drive, Springfield, OR 97477
$435,000
–
–
–
–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Key Realty Group, Inc

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 12/30/2014 03:13 PM