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554 Water St; Springfield, OR Property Details

554 Water St, Springfield, OR is a Single Family that was built in 1903. This property is currently New Construction and is not for sale. Our records show that 554 Water St has 5 bedrooms, and 1 bathroom, and a total of 1,570 square feet. The lot size of 554 Water St is 5,998 square feet.

Off market
554 Water St Springfield, OR 97477
$131,059 Estimated Value
5 Beds
1 Baths
1,570 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1903
  • Purchase Price: $65,000
  • Est. Equity / %: $369,000 / 100%
  • Gross Yield: 7.633%
  • APN: 0310464
  • Situs County: Lane
  • Length Of Ownership: 23 years, 5 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Asbestos shingle
  • Building Quality: C
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Attic: true

Measurements

  • Total: 1,570/SqFt
  • Lot: 5,998/SqFt
  • Attic: 660/SqFt
  • Gross: 2,230/SqFt
  • Living: 1,570/SqFt
  • Basement: 660/SqFt
  • Building: 2,230/SqFt
  • Ground: 910/SqFt
  • Price Per Square Foot: $41.40

Legal Description

  • Description: TL 05400
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District 19
  • Lat / Lon: 44.050404 / -123.02739
  • Subdivision: Emerald Heights Addition To Springfield
  • Property Class: Residential
  • Zoning: LD
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 3850
  • Cooling: Yes
  • Heating: Baseboard

HOA

  • H O A One Name: Royal Creek Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

554 Water St has no associated ownership info
554 Water St has no associated ownership info.

Taxes

554 Water St has 9 associated Taxes items

554 Water St, Springfield, OR pays taxes in Lane County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $131,059. The APN we've located for 554 Water St is 0310464.

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Taxes
  • Assessed Value:  $131,059
  • Assessed Year:  2025
  • Assessed County:  Lane
  • APN:  0310464
  • Market Land Value:  107528
  • Tax Amount:  2403.29
  • Tax Year:  2025
  • Market Value:  394520
  • Market Year:  2025

Tax History

554 Water St has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,059 Land Value Improvement Value Tax Amount $2,403.29 Change Rate +0.016452% Assessed CR Tax Rate +0.018337%
Year 2024 Assessed Value $127,242 Land Value Improvement Value Tax Amount $2,364.39 Change Rate +0.044425% Assessed CR Tax Rate +0.018582%
Year 2023 Assessed Value $123,536 Land Value Improvement Value Tax Amount $2,263.82 Change Rate +0.033802% Assessed CR Tax Rate +0.018325%
Year 2022 Assessed Value $119,938 Land Value Improvement Value Tax Amount $2,189.8 Change Rate +0.018265% Assessed CR Tax Rate +0.018258%
Year 2021 Assessed Value $116,445 Land Value Improvement Value Tax Amount $2,150.52 Change Rate +0.030076% Assessed CR Tax Rate +0.018468%
Year 2020 Assessed Value $113,054 Land Value Improvement Value Tax Amount $2,087.73 Change Rate +0.030993% Assessed CR Tax Rate +0.018467%
Year 2019 Assessed Value $109,762 Land Value Improvement Value Tax Amount $2,024.97 Change Rate +0.060838% Assessed CR Tax Rate +0.018449%
Year 2018 Assessed Value $103,462 Land Value Improvement Value Tax Amount $1,908.84 Change Rate +0.039968% Assessed CR Tax Rate +0.01845%
Year 2017 Assessed Value $103,462 Land Value Improvement Value Tax Amount $1,835.48 Change Rate +0.021459% Assessed CR Tax Rate +0.017741%
Year 2016 Assessed Value $100,449 Land Value Improvement Value Tax Amount $1,796.92 Change Rate +0.029347% Assessed CR Tax Rate +0.017889%
Year 2015 Assessed Value $97,523 Land Value Improvement Value Tax Amount $1,745.69 Change Rate +0.01532% Assessed CR Tax Rate +0.0179%
Year 2014 Assessed Value $94,683 Land Value Improvement Value Tax Amount $1,719.35 Change Rate Assessed CR Tax Rate +0.018159%
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