NOT LISTED FOR SALE

341 E Madison Ave Cottage Grove, OR 97424

Estimated Value: $299,000 - $322,000

3 Beds
2 Baths
1,324 Sq Ft
$235/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $300,000 $227 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,855/month

2 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Porch
  • Laundry Room
  • Dining Room

About This Home

As of March 2024

Multiple offers, offer deadline to be Monday at noon. Reviewing offers with seller by 5pm. Opportunity knocks! This home and lot has so much potential, with a bit of elbow grease, you could restore this lovely home to its former glory!!! Located in a quiet neighborhood, this home has a 5 year old roof, Vinyl windows, primary bedroom on main level (could be enlarged by removing temporary wall that was put up to create small office space), laundry on main level and gas fireplace hook up. You might open the kitchen wall to create a larger kitchen, living and dining space. (open concept living) Half of this lot is currently NOT being used to its full potential. Fenced in the middle this lot could be DIVIDED and accessed from both Monroe Ave OR Madison Ave. City advised that an auxiliary dwelling unit (ADU) could be added to the back lot or build the shop of your dreams. It could also be used to park RV, boat, or create large garden or play area. Priced to sell, a must see!!!! Buyer to do own due diligence with city planning and building department.

Last Agent to Sell the Property

Julie Wisely

Hybrid Real Estate License #201215896 Listed on: 02/09/2024

Hybrid Real Estate

Last Buyer's Agent

Mario Ruiz

ICON Real Estate Group License #201216315

ICON Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,331

Year Built

  • Built in 1936

Lot Details

  • 9,147 Sq Ft Lot
  • Level Lot
  • Property is zoned R2

Parking

  • On-Street Parking

Home Design

  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,324 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0911956

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,331

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1936
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: Laundry
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt7000to9999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: VinylSiding
  • Exterior Features: Porch
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: PillarPostPier
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: R2
  • Land Lease: No
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.0
  • Parcel #: 0911956

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2331.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Feb 13, 2024
Sold by
Ash Larae
Bought by
Odle Michael
Seller's Agent
Julie Wisely
Hybrid Real Estate
Buyer's Agent
Mario Ruiz
ICON Real Estate Group
List Price
$280,000
Sold Price
$300,000
Premium/Discount to List
$20,000
7.14%
Views
41
Current Estimated Value
$310,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,717
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
May 19, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Ash Larae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,862
Interest Rate
4.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2009
Sold by
Radley William J and Radley Monica G
Bought by
Hsbc Bank Usa National Association
Source: Public Records

Range of Values:

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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
Odle Michael $300,000 First American Title
Ash Larae $113,870 First American Title
Hsbc Bank Usa National Association $110,156 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ash Larae $115,000
Previous Owner Ash Larae $115,862
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $300,000 +7.1% $227 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $280,000 -- $211 / 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 $2,383 $129,891 -- --
2023 $2,383 $126,108 $0 $0
2022 $2,240 $122,435 $0 $0
2021 $2,179 $118,869 $0 $0
2020 $2,136 $115,407 $0 $0
2019 $2,021 $112,046 $0 $0
2018 $1,996 $105,615 $0 $0
2017 $1,941 $105,615 $0 $0
2016 $1,912 $102,539 $0 $0
2015 $1,770 $99,552 $0 $0
2014 $1,734 $96,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24104368

Regional Multiple Listing Service (RMLS)

APN: 0911956