NOT LISTED FOR SALE

1060 Cottage St NE Salem, OR 97301

Grant Neighborhood

Estimated Value: $403,826 - $424,000

3 Beds
1 Bath
1,434 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $162,800 $114 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,555/month

26 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Main Floor Primary Bedroom
  • Living Room with Fireplace
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of November 2015

Location! Location! Wonderful 1920's home w/porch, new paint in & out, refin. wood floors, form liv. w/FP, form dining w/built-ins, alley access potential RV park, green house, gardens, within blks of scores of eateries, pubs, live entertainment, shopping, State Off, Willamette U., Salem Hospital, R. Front Park & new bridge to Browns Is, Health Center, Union St Bridge to Wallace Park, unfin bsmnt not in total Sq Ft, 1-5 1 mi. Inclusions: Range, Frig, W/D, Kit Table & Bench, Porch furniture, table & umbrella

Last Agent to Sell the Property

TERRY WILLIAMS

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #970800059 Listed on: 10/02/2015

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Last Buyer's Agent

JENNA ROBLES

BST REALTY, LLC-KEIZER License #201214021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,138

Year Built

  • Built in 1924

Lot Details

  • 6,100 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Property is zoned RS

Home Design

  • Composition Roof
  • Lap Siding
  • Cedar Siding

Interior Spaces

  • 1,434 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Territorial Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 3 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,138

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Residence
  • Home Style: 2 Story
  • Range Facility: Electric
  • Syndicated Remarks: Location! Location! Wonderful 1920's home w/porch, new paint in & out, refin. wood floors, form liv. w/FP, form dining w/built-ins, alley access potential RV park, green house, gardens, within blks of scores of eateries, pubs, live entertainment, shopping, State Off, Willamette U., Salem Hospital, R. Front Park & new bridge to Browns Is, Health Center, Union St Bridge to Wallace Park, unfin bsmnt not in total Sq Ft, 1-5 1 mi. Inclusions: Range, Frig, W/D, Kit Table & Bench, Porch furniture, table & umbrella
  • Cross Street: Broadway/Belmont
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Living Room
  • Flooring: Wood, Tile, Vinyl
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: On Level: 1/Main
  • Basement: Full, Unfinished
  • Dining Room: 1/Main, On Level: 1/Main
  • Living Room: On Level: 1/Main
  • Kitchen: On Level: 1/Main
  • Bonus Rooms: Breakfast Room/Nook
  • Price Per Sq Ft: 113.53
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 132.43

Exterior Features

  • Patio: Patio
  • Exterior Color: Off White
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Cedar
  • Siding Style: Lap
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Heating/Cooling: Gas, Electric, Forced Air
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric

Schools

  • Elementary School: Grant
  • Middle School: Parrish
  • High School: North Salem

Lot Info

  • Acres: 0.14
  • Estimated Lot Sq Ft: 6100
  • Lot: 3
  • Lot Type: Irregular
  • Price Per Acre: 1356428.57
  • Rv Amenities: Area/Room For
  • Zoning: RS
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 14-15
  • Tax Account Number: R66775
  • Tax Amount: 2138

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2018
Sold by
Broughton James A
Bought by
Hoffman Lance M and Hoffman Krista L
Current Estimated Value
$415,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$123,249
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$280,433

Purchase Details

Closed on
Jan 22, 2016
Sold by
Franklin April
Bought by
Broughton James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,687
Interest Rate
3.98%
Mortgage Type
VA

Purchase Details

Listed on
Oct 2, 2015
Closed on
Nov 13, 2015
Sold by
Kolb Glenn M
Bought by
Franklin April
Seller's Agent
TERRY WILLIAMS
BERKSHIRE HATHAWAY HOMESERVICES R E PROF
Buyer's Agent
JENNA ROBLES
BST REALTY, LLC-KEIZER
List Price
$189,900
Sold Price
$162,800
Premium/Discount to List
-$27,100
-14.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
Feb 15, 2001
Sold by
Barkley Terese S
Bought by
Kolb Glenn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoffman Lance M $255,000 Amerititle
Broughton James A $163,000 First American
Franklin April $162,800 First American
Kolb Glenn M $25,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Lance M $204,000
Previous Owner Broughton James A $136,687
Previous Owner Kolb Glenn M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $162,800 -14.3% $114 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $189,900 -- $132 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,009 $153,270 -- --
2023 $2,921 $148,810 $0 $0
2022 $2,754 $144,480 $0 $0
2021 $2,675 $140,280 $0 $0
2020 $2,597 $136,200 $0 $0
2019 $2,506 $132,240 $0 $0
2018 $2,551 $0 $0 $0
2017 $2,302 $0 $0 $0
2016 $2,193 $0 $0 $0
2015 $2,209 $0 $0 $0
2014 $2,138 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 696326

Willamette Valley MLS

APN: 566775