NOT LISTED FOR SALE

1640 E Gibbs Ave Cottage Grove, OR 97424

Estimated Value: $364,000 - $400,000

3 Beds
3 Baths
1,728 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 21, 2015

Last sale price $182,000 $105 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,341/month

22 Days on Market

About This Home

As of July 2015

Great rental property! Triplex unit each with 1 bedroom and 1 bath. 2 of the units have a small extra room also. In 2013 all of the units were updated with new wiring, plumbing, furnaces, floor covering, kitchen cabinets, roof, and all appliances. New laminate flooring in the Living, dining and kitchen areas. All are currently rented.

Last Agent to Sell the Property

Jane Dixon

MORE Realty License #201002092 Listed on: 04/14/2015

MORE Realty

Last Buyer's Agent

Brandy Huynh

RE/MAX Integrity License #200912121

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1946

Lot Details

  • 6,665

Parking

  • Open Parking

Home Design

  • Wood Siding

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Range
  • Level Lot

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,640

Year Built

Built in 1946

Lot Details

0

Parking

5

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1728
  • Year Built: 1946
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Unfinished
  • Legal Description: TL 02003
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 5
  • Parking Description: Open

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Unfurnished, Washer/Dryer Hookup, Window Coverings

Schools

  • Elementary School: Bohemia
  • High School: Cottage Grove

Lot Info

  • Lot Description: Level
  • Zoning: R3

Tax Info

  • Tax Amount: 1929.13
  • Assessor Parcel Number: 897965

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 9.39

MLS Schools

  • Elementary School: Bohemia
  • High School: Cottage Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jun 24, 2015
Sold by
Household Holder Investment Corp
Bought by
Brailsford Julian and Brailsford Debra L
Seller's Agent
Jane Dixon
MORE Realty
Buyer's Agent
Brandy Huynh
RE/MAX Integrity
List Price
$191,640
Sold Price
$182,000
Premium/Discount to List
-$9,640
-5.03%
Current Estimated Value
$380,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,792
Avg. Annual Appreciation
7.96%
Original Mortgage
$127,400
Outstanding Balance
$100,684
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$288,546

Purchase Details

Listed on
May 10, 2012
Closed on
Nov 20, 2012
Sold by
Fannie Mae
Bought by
House Holder Investment Corp
Seller's Agent
Elliott Braaten
R & R Properties of Eugene LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$99,900
Sold Price
$43,500
Premium/Discount to List
-$56,400
-56.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.27%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Williams Rex C
Bought by
Fannie Mae

Purchase Details

Closed on
Nov 3, 2003
Sold by
Williams Rex C
Bought by
Williams Rex C and Rex C Williams Family Trust

Purchase Details

Closed on
Aug 7, 1990
Sold by
Mccay Richard H and Mccay Judith E
Bought by
Williams Rex C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brailsford Julian $182,000 First American Title
House Holder Investment Corp $43,500 Nextitle
Fannie Mae $85,702 None Available
Williams Rex C -- --
Williams Rex C $214,500 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brailsford Julian $127,400
Previous Owner Williams Rex C $92,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2015 07/21/15 Sold $182,000 -5.0% $105 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $191,640 +340.6% $111 / Sq Ft
11/21/2012 11/21/12 Sold $43,500 -56.5% $25 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $99,900 -- $58 / 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 $2,640 $139,707 $0 $0
2022 $2,482 $135,638 $0 $0
2021 $2,414 $131,688 $0 $0
2020 $2,366 $127,853 $0 $0
2019 $2,239 $124,130 $0 $0
2018 $2,211 $117,005 $0 $0
2017 $2,150 $117,005 $0 $0
2016 $2,118 $113,597 $0 $0
2015 $1,961 $110,288 $0 $0
2014 -- $107,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Dixon

    Seller's Agent in 2015

    Jane Dixon

    MORE Realty

    (541) 729-6548

    75 in this area

    140 Total Sales

    Jane Dixon
    Section Image
  • Brandy Huynh

    Buyer's Agent in 2015

    Brandy Huynh

    RE/MAX

    (541) 337-1674

    2 in this area

    119 Total Sales

    Brandy Huynh
    Section Image

  • E

    Seller's Agent in 2012

    Elliott Braaten

    R & R Properties of Eugene LLC

  • B

    Seller Co-Listing Agent in 2012

    Brian Schartz

    Better Homes and Gardens Real Estate Equinox

    11 Total Sales

    Brian Schartz
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15252435

Regional Multiple Listing Service (RMLS)

APN: 0897965

Oregon Lane County Cottage Grove 97424

1640 E Gibbs Ave, Cottage Grove, OR

This home is located at 1640 E Gibbs Ave, Cottage Grove, OR 97424 since 14 April 2015 and is currently estimated at $380,792, approximately $220 per square foot. This property was built in 1946. 1640 E Gibbs Ave is a home located in Lane County with nearby schools including Bohemia Elementary School, Lincoln Middle School, and Cottage Grove High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes