NOT LISTED FOR SALE

502 W Central St Gates, OR 97346

Estimated Value: $71,375 - $374,000

0.65 Acres
$234,760 Price per Acre
28,314 Sq Ft Lot

Sale Details

Date Sold: September 29, 2021

Last sale price $65,000 $77 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $850 / mo

About This Lot

As of September 2021

Lost home due to 2020 wildfires, septic and water in place, power available.

Last Agent to Sell the Property

Tony Trout

SANDY LYNESS REAL ESTATE INVESTMENTS, LLC License #201225710 Listed on: 09/21/2021

Last Buyer's Agent

Tony Trout

SANDY LYNESS REAL ESTATE INVESTMENTS, LLC License #201225710 Listed on: 09/21/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,184

Lot Details

  • 28,314 Sq Ft Lot
  • Irregular Lot
  • Property is zoned RSFR

Property Views

  • Territorial Views

Utilities

  • Septic System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot METS

Property Details

Property Type

Land

Est. Annual Taxes

$1,184

Lot Details

0.65 Acres

Listing Details

  • Class: Bare Land
  • Type: Lot (Under 1 Acre)
  • Syndicated Remarks: Lost home due to 2020 wildfires, septic and water in place, power available.
  • Cross Street: Louisa
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Territorial
  • Access: Paved

Utilities

  • Water: City
  • Cable TV: Available
  • Electricity: Available
  • High Speed Communications: Available
  • Septic Approval: Yes
  • Septic Installed: Yes
  • Septic Type: Standard
  • Telephone: Available

Lot Info

  • Acres: 0.65
  • Estimated Lot Sq Ft: 28314
  • Lot: METS
  • Lot Type: Irregular
  • Zoning: RSFR
  • Approved for Manufactured Home: Unknown
  • Geo Subdivision: OR

Tax Info

  • Tax Amount: 1184

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Sep 29, 2021
Sold by
Cotner Jeffrey W
Bought by
Schumann Adam
Seller's Agent
Tony Trout
SANDY LYNESS REAL ESTATE INVESTMENTS, LLC
Buyer's Agent
Tony Trout
SANDY LYNESS REAL ESTATE INVESTMENTS, LLC
List Price
$65,000
Sold Price
$65,000
Current Estimated Value
$152,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,594
Avg. Annual Appreciation
20.63%

Purchase Details

Closed on
May 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cotner Jeffery W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,795
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2012
Sold by
Burke Rhonda and Manley Kendra
Bought by
Umpqua Bank

Purchase Details

Closed on
Sep 6, 2011
Sold by
Burke Rhonda and Manley Kendra
Bought by
Umpqua Bank

Purchase Details

Closed on
Jun 26, 2001
Sold by
Simmons Lonny R and Simmons Debbra M
Bought by
Manley Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schumann Adam $65,000 Fidelity Natl Ttl Co Of Or
Cotner Jeffery W $51,740 Service Link
Umpqua Bank $91,824 Ticor Title
Umpqua Bank $91,824 Ticor Title
Manley Gary L $67,250 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotner Jeffery W $52,795
Previous Owner Manley Gary L $75,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $65,000 0.0% $77 / Sq Ft
09/21/2021 09/21/21 For Sale $65,000 -- $77 / Sq Ft
Source: Willamette Valley MLS

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
2025 $497 $37,010 $37,010 --
2024 $497 $35,940 $35,940 --
2023 $483 $34,900 $34,900 $0
2022 $461 $33,890 $0 $0
2021 $453 $32,910 $0 $0
2020 $1,184 $84,460 $0 $0
2019 $1,131 $82,000 $0 $0
2018 $945 $0 $0 $0
2017 $918 $0 $0 $0
2016 $892 $0 $0 $0
2015 $867 $0 $0 $0
2014 $837 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tony Trout

    SANDY LYNESS REAL ESTATE INVESTMENTS, LLC

    (503) 910-6414

    45 Total Sales

    Tony Trout
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Map

Source: Willamette Valley MLS

MLS Number: 783883

Willamette Valley MLS

APN: 541711

Oregon Marion County Gates 97346

502 W Central St, Gates, OR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026 Williamette Valley Multiple Listing Service.
WVMLS Member Broker: Arlene Richardson.

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