NOT LISTED FOR SALE

35 S 21st St Cottage Grove, OR 97424

Estimated Value: $361,000 - $1,441,440

13 Beds
11 Baths
10,671 Sq Ft
$81/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $1,275,000 $119 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $5,301/month

Highlights

  • Deck
  • Wood Flooring
  • Views
  • Secluded Lot
  • Fireplace
  • Storage

About This Home

As of July 2021

Private, 9 unit property on almost 3 acres, Property has a fully remodeled 2 bed/3bath Main house with a full basement and 2 mother-in-law units upstairs. There is a 1904 farm house, a 4-plex, and a 1994 manufactured home w/ a detached garage. Towards the back of the property there is a 24x36 shop and covered RV parking. A beautiful walking trail goes around the property. Cap Rate is 4.63 and the GRM is 14.53. Please Do Not Disturb The Tenants.

Last Agent to Sell the Property

Rita Verdugo

ICON Real Estate Group License #201217366 Listed on: 05/28/2021

ICON Real Estate Group

Last Buyer's Agent

Jessica Eisenhauer

Berkshire Hathaway HomeServices NW Real Estate License #201106082

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,849

Year Built

  • Built in 1904 | Remodeled

Lot Details

  • Secluded Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Security Lights
  • Property Views

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Carport
  • Parking Storage or Cabinetry

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 10 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,849

Year Built

Built in 1904 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 10671
  • Stories: 2
  • Year Built: 1904
  • Property Condition: Updated/Remodeled
  • Remarks Public: Private, 9 unit property on almost 3 acres, Property has a fully remodeled 2 bed/3bath Main house with a full basement and 2 mother-in-law units upstairs. There is a 1904 farm house, a 4-plex, and a 1994 manufactured home w/ a detached garage. Towards the back of the property there is a 24x36 shop and covered RV parking. A beautiful walking trail goes around the property. Cap Rate is 4.63 and the GRM is 14.53. Please Do Not Disturb The Tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 01910
  • Basement: Finished, Full Basement
  • Storage: Garage(s), Locked

Exterior Features

  • Exterior Description: Cement Siding, Wood Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition
  • View: City, Trees/Woods
  • Foundation Details: Slab
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Window Unit(s)
  • Heating Description: Wall Furnace
  • Security: Security Lights

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Deck, Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer, Wood Floors

Schools

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

Lot Info

  • Lot Description: Level, Secluded, Trees, Gentle Sloping
  • Zoning: R2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 14125.00
  • Assessor Parcel Number: 1529708
  • Assessor Parcel Number 2: 1529716
  • Assessor Parcel Number 3: 4212849
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7, 8, 9
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 14.53

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Briggs Samuel R
Bought by
Briggs Revocable Living Trust
Current Estimated Value
$860,813

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 29, 2021
Sold by
Valerie J Ruis Trust
Bought by
Briggs Samuel R
Seller's Agent
Rita Verdugo
ICON Real Estate Group
Buyer's Agent
Jessica Eisenhauer
Berkshire Hathaway HomeServices NW Real Estate
List Price
$1,499,000
Sold Price
$1,275,000
Premium/Discount to List
-$224,000
-14.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.91%
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
Briggs Revocable Living Trust -- --
Briggs Samuel R $1,275,000 Western Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $1,275,000 -14.9% $119 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,499,000 +62.9% $140 / Sq Ft
06/13/2018 06/13/18 Sold $920,000 -2.5% $86 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $944,000 -- $88 / 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 $8,849 $482,367 -- --
2023 $8,849 $468,318 $0 $0
2022 $8,319 $454,678 $0 $0
2021 $8,091 $441,435 $0 $0
2020 $7,932 $428,578 $0 $0
2019 $7,507 $416,096 $0 $0
2018 $7,412 $392,211 $0 $0
2017 $7,206 $392,211 $0 $0
2016 $7,100 $47,882 $0 $0
2015 $825 $46,487 $0 $0
2014 $680 $40,269 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21417654

Regional Multiple Listing Service (RMLS)

APN: 1529708