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553 Covey Ln

Eugene, OR 97401

3 bd 3 ba 1,982 sqft Built 1999 Lot 3,484 sqft single_family
Most recent sale
$465,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 30, 2025 Price changed for rent $2,495 AppfolioUnits
Dec 5, 2024 Listed for rent $2,595 AppfolioUnits
Jul 27, 2024 Price changed for rent $2,495 AppfolioUnits
Jun 19, 2024 Listed for rent $2,695 AppfolioUnits
Sep 4, 2022 Listing removed $465,000 RMLS
May 11, 2022 Listed for rent $2,400 AppfolioUnits
May 4, 2022 Sold $465,000 MLS #22699719
Apr 18, 2022 Listed $465,000 MLS #22699719
Mar 21, 2022 Price changed $465,000 MLS #22548317
Mar 16, 2022 Price changed $475,000 MLS #22548317
Mar 8, 2022 Listed $489,900 MLS #22548317
Mar 29, 2018 Sold $335,000 MLS #18013356
Feb 23, 2018 Listed $345,000 MLS #18013356
Apr 28, 2010 Listing removed $209,300 RMLS
May 29, 2009 Sold $285,000 MLS #9013015
Mar 20, 2009 Relisted $300,000 MLS #9013015
Feb 24, 2009 Listing removed $300,000 RMLS
Feb 14, 2009 Listed $285,000 MLS #9013015
Apr 16, 2002 Sold $217,500 MLS #1507237
Sep 26, 2001 Listed $217,500 MLS #1507237
Jan 11, 2000 Sold $209,300 Public Record
Oct 15, 1999 Listed $209,300 MLS #99007425
May 28, 1999 Listed $206,300 MLS #99003829

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $352,358 $6,815
2024 $342,096 $6,729
2023 $332,133 $6,607
2022 $322,460 $6,275
2021 $313,068 $5,654
2020 $303,950 $5,557
2019 $295,098 $5,442
2018 $286,503 $5,144
2017 $278,158 $4,850
2016 $270,056 $4,648
2015 $262,190 $4,508
2014 $254,553 $4,397
2013 $247,137 $4,218
2012 $239,939 $4,051
2011 $232,950 $4,060
2010 $226,165 $4,077
2009 $219,578 $4,071
2008 $213,183 $3,828
2007 $206,974 $3,736

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,982 sqft
Lot size
3,484 sqft
ZIP code
97401
City
Eugene
Street
Covey Ln
Coordinates
44.05188, -123.05081

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,964
Gross rental yield
10.23%
Implied cap rate
6.65%
Trend-extrapolated value

Frequently asked questions

When did 553 Covey Ln last sell?
553 Covey Ln most recently sold on May 4, 2022 for $465,000.
What is the current tax assessment for 553 Covey Ln?
The most recent total assessment for 553 Covey Ln (year 2025) is $352,358 with $6,815 in property tax.
How does 553 Covey Ln's assessment compare to its last sale price?
The current assessment is 24.2% below the last sale price of $465,000.
When was 553 Covey Ln built?
553 Covey Ln was built in 1999.
How does 553 Covey Ln compare to others on Covey Ln?
We track 8 other properties on Covey Ln. Browse the list under "Other properties on Covey Ln" to compare beds, baths, and sale history.
What are the property facts for 553 Covey Ln?
553 Covey Ln is a 3 bed, 3 bath, 1,982 sqft, 3,484 sqft lot single_family.
Is 553 Covey Ln a flip candidate?
No — 553 Covey Ln does not appear in our flips dataset.
Is 553 Covey Ln a tax-appeal candidate?
No — 553 Covey Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.3%
2026 Q2
$657.2K
2026 Q3
$664.1K
ZIP 97401 — Median Price History + Forecast

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