$43,500
SOLD NOV 21, 2012

1640 E Gibbs Ave Cottage Grove, OR 97424

3 Beds
3 Baths
1,728 Sq Ft
6,665 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

56% Below List Price

186 Days on Market

About This Home

As of July 2015

This property is now under auction terms. Pre-sale bids should be submitted through www.Auction.com. This property is subject to a 5% buyers premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. Please have your agent check for details.

Last Agent to Sell the Property

Elliott Braaten

R & R Properties of Eugene LLC License #930900133 Listed on: 05/10/2012

Co-Listed By

Brian Schartz

Better Homes and Gardens Real Estate Equinox License #960500024

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1946

Parking

  • Open Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • Storage

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,640

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1728
  • Year Built: 1946
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: via prelim
  • Storage: Attached

Exterior Features

  • Exterior Description: Plywood

Garage/Parking

  • Parking Description: Open

Utilities

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

Schools

  • Elementary School: Bohemia
  • Middle School: Lincoln
  • High School: Cottage Grove

Lot Info

  • Zoning: R-3

Tax Info

  • Tax Amount: 1673.68
  • Assessor Parcel Number: 897965

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Bohemia
  • High School: Cottage Grove
  • Middle School: Lincoln

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
$381,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,956
Avg. Annual Appreciation
7.87%
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:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $182,000 First American Title
Bargain Sale Deed $43,500 Nextitle
Trustee Deed $85,702 None Available
Interfamily Deed Transfer -- --
Warranty Deed $214,500 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $127,400 New Conventional
Previous Owner $92,939 Unknown
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

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12469162

Regional Multiple Listing Service (RMLS)

APN: 0897965