NOT LISTED FOR SALE

31751 Cottage Grove Lorane Rd Cottage Grove, OR 97424

Estimated Value: $261,000 - $313,765

2 Beds
1 Bath
1,088 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $262,000 $241 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,627/month

Highlights

  • RV Access or Parking
  • 1 Fireplace
  • Views
  • Hilly Lot
  • Double Pane Windows
  • Wood Siding

About This Home

As of July 2022

Nice rental investment just outside of city limits. Good tenant on month-to-month rents are $1200/mon. 2 bedroom 1 bath on nice size lot. Basement for storage. Home has new flooring, paint, and Heat pump in 2019. Offers contingent on tenants first right of refusal due on 6/15/2022.

Last Agent to Sell the Property

Jennifer Stoner

Hybrid Real Estate License #200603581 Listed on: 05/27/2022

Hybrid Real Estate

Last Buyer's Agent

Jennifer Stoner

Hybrid Real Estate License #200603581 Listed on: 05/27/2022

Hybrid Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1947

Lot Details

  • Hilly Lot
  • Property is zoned RR5

Home Design

  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Lap Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Property Views

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • Driveway
  • RV Access or Parking

Mobile Home

  • Vinyl Skirt

Utilities

  • Heating System Uses Wood
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,285

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Custom Style
  • Sq Ft Calculated: 1088
  • Sq Ft Approximate Total: 1088
  • Stories: 1
  • Year Built: 1947
  • Property Condition: Approximately
  • Remarks Public: Nice rental investment just outside of city limits. Good tenant on month-to-month rents are $1200/mon. 2 bedroom 1 bath on nice size lot. Basement for storage. Home has new flooring, paint, and Heat pump in 2019. Offers contingent on tenants first right of refusal due on 6/15/2022.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Utility Room
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Legal Description: TL 00800
  • Sq Ft Main Level: 1088
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Basement: Dirt Floor, Full Basement
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: Utility Room,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1
  • Window Features: Vinyl Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding, Wood Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Other, Pillar/Post/Pier, Skirting
  • R V Description: RV Parking
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity, Wood Burning
  • Hot Water: Electricity, Tank
  • Sewer: Standard Septic
  • Water Description: Private, Well
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump, Wood Stove, Ductless

Schools

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

Lot Info

  • Lot Description: Hilly
  • Acres: 0.31
  • Zoning: RR5

Rental Info

  • Rent Amount: 1200

Tax Info

  • Tax Amount: 1180.27
  • Assessor Parcel Number: 901148
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Jun 30, 2022
Sold by
Riddle Samuel W and Riddle Jennifer
Bought by
Koehn Danielle
Seller's Agent
Jennifer Stoner
Hybrid Real Estate
Buyer's Agent
Jennifer Stoner
Hybrid Real Estate
List Price
$250,000
Sold Price
$262,000
Premium/Discount to List
$12,000
4.8%
Current Estimated Value
$289,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,941
Avg. Annual Appreciation
3.10%
Original Mortgage
$257,254
Outstanding Balance
$244,769
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
$45,172

Purchase Details

Listed on
Mar 9, 2019
Closed on
Oct 29, 2019
Sold by
Fannie Mae
Bought by
Stoner Jennifer and Riddle Samuel William
Seller's Agent
Terry Cummings
RE/MAX Integrity
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$159,900
Sold Price
$55,867
Premium/Discount to List
-$104,033
-65.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.00%

Purchase Details

Closed on
Dec 11, 2017
Sold by
Ditech Financial Llc
Bought by
Federal National Mortgage Assn

Purchase Details

Closed on
Dec 4, 2017
Sold by
Ditech Financial Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 1, 2017
Sold by
Barlow Michael D and Plaza Home Mortgage Inc
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Sep 18, 2007
Sold by
Barlow Rella M
Bought by
Barlow Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.61%
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
Koehn Danielle $262,000 Cascade Title
Samuel William Riddle Inc -- Cascade Title
Stoner Jennifer $55,867 Chicago Title Company
Federal National Mortgage Assn -- None Listed On Document
Federal National Mortgage Association -- None Available
Ditech Financial Llc $84,000 Accommodation
Barlow Michael D $138,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koehn Danielle $257,254
Previous Owner Barlow Michael D $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2022 07/06/22 Sold $262,000 +4.8% $241 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $250,000 +347.5% $230 / Sq Ft
10/30/2019 10/30/19 Sold $55,867 -44.1% $81 / Sq Ft View Prior Sale
09/27/2019 09/27/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $99,900 -20.0% $145 / Sq Ft
07/25/2019 07/25/19 Price Changed $124,900 -3.8% $182 / Sq Ft
06/26/2019 06/26/19 Price Changed $129,900 -5.8% $189 / Sq Ft
05/13/2019 05/13/19 Price Changed $137,900 -13.8% $200 / Sq Ft
03/07/2019 03/07/19 For Sale $159,900 -- $232 / 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
2024 $1,285 $109,470 -- --
2023 $1,285 $106,282 $0 $0
2022 $1,210 $103,187 $0 $0
2021 $1,180 $100,182 $0 $0
2020 $1,165 $97,265 $0 $0
2019 $1,089 $94,433 $0 $0
2018 $1,088 $89,013 $0 $0
2017 $1,060 $89,013 $0 $0
2016 $1,055 $86,420 $0 $0
2015 $953 $83,903 $0 $0
2014 $947 $81,459 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22596050

Regional Multiple Listing Service (RMLS)

APN: 0901148