NOT LISTED FOR SALE

612 S 7th St Cottage Grove, OR 97424

Estimated Value: $362,000 - $416,943

4 Beds
2 Baths
2,240 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $340,000 $152 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,412/month

4 Days on Market

About This Home

As of March 2021

Two home connected by a breezeway, close to bus line. Main home has 3+ bdrms, 1 bath & 1656 Sq Ft with large kitchen w/gas appliances, office, laundry room, new roof. The 2nd residence has 1 bdrm & 1 bath, 584 Sq Ft, laundry room, new floors, new roof, new deck. Homes have separate gas and electric meters and a shared water meter. Excellent rental history; main home is currently vacant. Would be great for owner occupied on an investment opportunity. Owner is licensed Broker.

Last Agent to Sell the Property

Tawny Lowrey

Yoss Team RE Professionals License #200304163 Listed on: 02/01/2021

Last Buyer's Agent

Stephanie Ladd Green

Oregon Life Homes License #201232690

Oregon Life Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1952

Lot Details

  • 5,706

Parking

  • Carport

Home Design

  • Plywood Siding Panel T1-11

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Level Lot
  • Property is near a bus stop

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,300

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2240
  • Stories: 2
  • Year Built: 1952
  • Property Condition: Existing
  • Remarks Public: Two home connected by a breezeway, close to bus line. Main home has 3+ bdrms, 1 bath & 1656 Sq Ft with large kitchen w/gas appliances, office, laundry room, new roof. The 2nd residence has 1 bdrm & 1 bath, 584 Sq Ft, laundry room, new floors, new roof, new deck. Homes have separate gas and electric meters and a shared water meter. Excellent rental history; main home is currently vacant. Would be great for owner occupied on an investment opportunity. Owner is licensed Broker.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: 21-03-33-21-06100

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Unfurnished

Schools

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

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: R1
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2957.85
  • Assessor Parcel Number: 911287
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 29, 2021
Sold by
Lowrey Tawny and Yoss Tawny
Bought by
Martinez Raul Reyes and Reyes Jaime
Seller's Agent
Tawny Lowrey
Yoss Team RE Professionals
Buyer's Agent
Stephanie Ladd Green
Oregon Life Homes
List Price
$329,000
Sold Price
$340,000
Premium/Discount to List
$11,000
3.34%
Current Estimated Value
$392,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,236
Avg. Annual Appreciation
3.52%
Original Mortgage
$323,000
Outstanding Balance
$293,599
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$102,342

Purchase Details

Closed on
Dec 23, 2004
Sold by
Smith Jimmie L and Smith Brenda C
Bought by
Yoss Tawny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2004
Sold by
Copple Alden F and Copple Helyn E
Bought by
Smith Jimmie L and Smith Brenda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
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
Martinez Raul Reyes $340,000 First American
Yoss Tawny $142,000 Western Pioneer Title Co
Smith Jimmie L $99,900 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Raul Reyes $323,000
Previous Owner Yoss Tawny L $48,500
Previous Owner Yoss Tawny $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $340,000 +3.3% $152 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $329,000 -- $147 / 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
2023 $3,300 $174,631 $0 $0
2022 $3,102 $169,545 $0 $0
2021 $3,017 $164,607 $0 $0
2020 $2,958 $159,813 $0 $0
2019 $2,799 $155,159 $0 $0
2018 $2,764 $146,252 $0 $0
2017 $2,687 $146,252 $0 $0
2016 $2,647 $141,992 $0 $0
2015 $2,450 $137,856 $0 $0
2014 $2,259 $133,841 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21136434

Regional Multiple Listing Service (RMLS)

APN: 0911287