NOT LISTED FOR SALE

513 N Lane St Cottage Grove, OR 97424

Estimated Value: $328,000 - $431,772

4 Beds
2 Baths
1,791 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $225,000 $126 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,319/month

138 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property
  • 4 Car Attached Garage

About This Home

As of April 2020

Nice opportunity to own a duplex in Cottage Grove Oregon located on a corner lot less than 1 mile to historic downtown and the river. Each unit comes with 2 bedrooms, 1 bathroom, 1 car garage, and a fenced back yard. Shown by appointment only. Please do not disturb tenants.

Last Agent to Sell the Property

Tralena Whitten

Jim Downing Realty License #200705268 Listed on: 09/26/2019

Co-Listed By

Luke Whitten

Jim Downing Realty License #201209413

Last Buyer's Agent

Jesse Haffly

eXp Realty LLC License #201221936

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 1979

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Shingle Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,791 Sq Ft Home
  • 1-Story Property

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1299245

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,224
  • Gross Income $17,100
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,103

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Shingle

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harrison
  • High School: Cottage Grove
  • Middle Or Junior School: Lincoln
  • Elementary School #2: Bohemia

Lot Info

  • Zoning: SFR
  • Parcel #: 1299245

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3103.43

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.74
  • Annual Gross Income: 17100.0
  • Property Net Operating Income: 7200.0
  • Annual Operating Expense: 6224.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Apr 21, 2020
Sold by
Yuh Yek Llc
Bought by
Ollivant Brett
Seller's Agent
Tralena Whitten
Jim Downing Realty
Buyer's Agent
Jesse Haffly
eXp Realty LLC
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$368,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,943
Avg. Annual Appreciation
9.70%
Original Mortgage
$246,608
Outstanding Balance
$218,529
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$150,414

Purchase Details

Closed on
Jul 16, 2009
Sold by
Adler Marie E
Bought by
Weddel Stephen M and Weddel Robert L

Purchase Details

Closed on
Sep 16, 2005
Sold by
Sannes Gail A
Bought by
Weddel Charles E and Weddel Jack D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ollivant Brett $225,000 First American
Weddel Stephen M -- None Available
Weddel Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ollivant Brett $246,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $225,000 -4.3% $126 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $235,000 0.0% $131 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $235,000 -- $131 / 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 $3,705 $201,961 -- --
2023 $3,705 $196,079 $0 $0
2022 $3,483 $190,368 $0 $0
2021 $3,388 $184,824 $0 $0
2020 $3,321 $179,441 $0 $0
2019 $3,143 $174,215 $0 $0
2018 $3,103 $164,215 $0 $0
2017 $2,993 $164,215 $0 $0
2016 $2,870 $159,432 $0 $0
2015 $2,626 $154,788 $0 $0
2014 $2,654 $150,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tralena Whitten

    Seller's Agent in 2020

    Tralena Whitten

    Jim Downing Realty

    (541) 556-5137

    35 in this area

    90 Total Sales

    Tralena Whitten
    Section Image

  • L

    Seller Co-Listing Agent in 2020

    Luke Whitten

    Jim Downing Realty

    (541) 942-6077

    27 in this area

    59 Total Sales

    Luke Whitten
    Section Image
  • Jesse Haffly

    Buyer's Agent in 2020

    Jesse Haffly

    eXp Realty LLC

    (541) 623-0550

    54 in this area

    211 Total Sales

    Jesse Haffly
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19274184

Regional Multiple Listing Service (RMLS)

APN: 1299245

Oregon Lane County Cottage Grove 97424

513 N Lane St, Cottage Grove, OR

This home is located at 513 N Lane St, Cottage Grove, OR 97424 since 26 September 2019 and is currently estimated at $368,943, approximately $205 per square foot. This property was built in 1979. 513 N Lane St is a home located in Lane County with nearby schools including Bohemia Elementary School, Lincoln Middle School, and Cottage Grove High School.

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