NOT LISTED FOR SALE

1164 N 16th St Cottage Grove, OR 97424

Estimated Value: $264,000 - $398,000

3 Beds
2 Baths
1,900 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $385,000 $203 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,965/month

18 Days on Market

Highlights

  • City View
  • Attached Garage
  • Forced Air Heating System
  • Corner Lot

About This Home

As of September 2022

This Duplex has 3 bedroom and 2 bath on both sides with single car garage attached. Can be sold as two separate units.

Last Agent to Sell the Property

David Hemenway

H & H Real Estate License #780301506 Listed on: 07/15/2022

Last Buyer's Agent

Aly Stephens

Keller Williams Realty Eugene and Springfield License #201205201

Keller Williams Realty Eugene and Springfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,226

Year Built

  • Built in 1998

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,900 Sq Ft Home
  • City Views

Parking

  • Attached Garage
  • Garage Door Opener

Schools

  • Harrison Elementary School
  • Lincoln Middle School
  • Cottage Grove High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1664570

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $26,400
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,226

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1998
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: Attached, GarageDoorOpener
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harrison
  • High School: Cottage Grove
  • Middle Or Junior School: Lincoln

Lot Info

  • Zoning: R2
  • Parcel #: 1664570
  • Assessor Parcel Number 2: 1664588

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2021
  • Tax Annual Amount: 2226.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.96
  • Annual Gross Income: 26400.0
  • Property Net Operating Income: 26400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 11, 2022
Sold by
Campbell Aaron W
Bought by
Jacobson Brian W
Seller's Agent
David Hemenway
H & H Real Estate
Buyer's Agent
Aly Stephens
Keller Williams Realty Eugene and Springfield
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$323,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$61,682
Avg. Annual Appreciation
-5.17%
Original Mortgage
$316,000
Outstanding Balance
$304,191
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$24,980

Purchase Details

Closed on
Jun 16, 2004
Sold by
Nycum Susan H
Bought by
Campbell Aaron W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,900
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1998
Sold by
Valley Builders Const & Design Ltd
Bought by
Nycum Susan H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%
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
Jacobson Brian W $395,000 Evergreen Land Title Company
Campbell Aaron W $184,900 Cascade Title Co
Nycum Susan H $160,000 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Brian W $316,000
Previous Owner Campbell Aaron W $184,900
Previous Owner Nycum Susan H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $385,000 -2.5% $203 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $395,000 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2023 $2,435 $128,851 $0 $0
2022 $2,289 $125,099 $0 $0
2021 $2,226 $121,456 $0 $0
2020 $2,182 $117,919 $0 $0
2019 $2,049 $114,485 $0 $0
2018 $1,976 $107,914 $0 $0
2017 $1,877 $107,914 $0 $0
2016 $1,906 $107,904 $0 $0
2015 $1,661 $99,791 $0 $0
2014 $1,697 $100,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22284421

Regional Multiple Listing Service (RMLS)

APN: 1664588