$699,000
$51K PRICE DROP

45 Thomas Ln Cottage Grove, OR 97424

Estimated payment $3,997/month

Total Views 12,876
3 Beds
1 Bath
968 Sq Ft
$722 Price per Sq Ft

Highlights

  • Second Garage
  • 0.69 Acre Lot
  • 1 Car Attached Garage
  • RV Access or Parking
  • No HOA
  • Living Room

About This Home

LOCATION,LOCATION,LOCATION!!!Versatile Residential/Commercial Opportunity!! Discover an incredible investment opportunity featuring four buildings on a prime piece of real estate! This unique property includes three commercial buildings and a cozy 3-bedroom, 1-bathroom, 968 sq ft home. Located just a few feet from Walmart, gas stations, and a variety of dining options and I-5, this location offers endless potential for business development. Property Highlights: Building 1: A 1,056 sq ft space that formerly housed a custom tailoring and costume shop, complete with a restroom. -Building 2: A 912 sq ft building previously used for aquarium supplies, also featuring a restroom. -Building 3: A spacious metal shop of approximately 1,800 sq ft, which operated as a transmission shop for years. Residential Home: A charming 3-bedroom, 1-bathroom, 968 sq ft home, perfect for an owner-occupied or rental income. This Property has Endless Potential! With its strategic location and versatile spaces, this property is ideal for a variety of businesses such as a lottery outlet, bar, grocery store, smoke shop, nursery, or even spaces for multiple food trucks. Don't miss the chance to explore the possibilities this property has to offer! Addresses include: 25, 35, and 45 Thornton Ln.

Listing Agent

Danielle Mitchell

Mitchell and Associates Real Estate LLC Brokerage Email: donatamitchell@msn.com License #201218116 Listed on: 09/11/2024

Co-Listing Agent

Donata Mitchell

Mitchell and Associates Real Estate LLC Brokerage Email: donatamitchell@msn.com License #990500069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 1955

Lot Details

  • 0.69 Acre Lot
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned CT

Parking

  • 1 Car Attached Garage
  • Second Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Block Exterior
  • Metal Siding

Interior Spaces

  • 968 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Outbuilding

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0888071

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,664

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 1.0
  • Basement: CrawlSpace
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Block,MetalSiding,WoodSiding
  • Exterior Features: Fenced, Garden, Outbuilding, RVParking, SecondGarage
  • Lot Size: 20,000 SqFt to .99 Acres
  • R V Description: RVParking
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling Y N: No
  • Heating: Baseboard
  • 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
  • Elementary School #2: Bohemia

Lot Info

  • Zoning: CT
  • Land Lease: No
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056.0
  • Parcel #: 0888071

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 950

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3663.5
  • Tax Opportunity Zone: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,746 $204,210 -- --
2023 $3,746 $198,263 $0 $0
2022 $3,522 $192,489 $0 $0
2021 $3,425 $186,883 $0 $0
2020 $3,358 $181,440 $0 $0
2019 $3,178 $176,156 $0 $0
2018 $3,138 $166,045 $0 $0
2017 $3,051 $166,045 $0 $0
2016 $3,006 $161,209 $0 $0
2015 $2,783 $156,514 $0 $0
2014 $2,738 $151,955 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 For Sale $699,000 0.0% $722 / Sq Ft
03/13/2025 03/13/25 For Sale $699,000 0.0% $722 / Sq Ft
03/13/2025 03/13/25 Off Market $699,000 -- --
03/12/2025 03/12/25 Off Market $699,000 -- --
09/11/2024 09/11/24 For Sale $750,000 -- $775 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24657326

Regional Multiple Listing Service (RMLS)

APN: 0888071