NOT LISTED FOR SALE

61903 Lower Cove Rd Cove, OR 97824

Estimated Value: $582,000 - $774,577

198 Acres
$3,423 Price per Acre
8,632,720 Sq Ft Lot

Last Sold May 01, 2014

Last sale price $510,000 $434 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,991/month

607 Days on Market

About This Lot

As of May 2014

This property has gentle sloping fields to the base of Mt. Fanny. The home is a 3bd. 1ba. with lots of up grades, has a 2-car garage, and gorgeous views of the mountains and the valley. Large 3300 sq. ft. barn with loft, shop, machine shed, hog barn and grain bins. All this on 198 acres.

Last Listed By

Gary Haefer

Eagle Cap Realty, Inc License #950900050 Listed on: 06/25/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,560

Year Built

  • 1900

Lot Details

  • Property is zoned UC-A4

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$2,560

Year Built

1900

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Farm
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1900

Interior Features

  • Legal Description: 3s40 T.L.800

Exterior Features

  • Lot Size: 100 to 199.99 Acres
  • View: Mountain(s), Valley
  • View: Yes

Utilities

  • Utilities: Electricity Connected, Septic Tank, Well, Phone Connected

Association/Amenities

  • Existing Structures Description: Barn(s), Fenced, Garage(s), Residence, Workshop
  • Existing Structures: Yes

Schools

  • Elementary School: Cove Schl
  • Middle School: Cove Schl
  • High School: Cove Schl

Lot Info

  • Acres: 198.18
  • Zoning: UC-A4
  • Present Use: Leased, Agricultural
  • Topography: Sloped
  • Soil Condition: Native

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 1998.12
  • Tax Deferral: Yes
  • Assessor Parcel Number: 11992

MLS Schools

  • Elementary School: Cove Schl
  • High School: Cove Schl
  • Middle School: Cove Schl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2012
Closed on
Apr 30, 2014
Sold by
Coles Family Farms Llc
Bought by
Grande Ronde Alfalfa Llc
Seller's Agent
Gary Haefer
Eagle Cap Realty, Inc
Buyer's Agent
Phillip Burling
Ranch-N-Home Realty, Inc
List Price
$679,900
Sold Price
$510,000
Premium/Discount to List
-$169,900
-24.99%
Total Days on Market
607
Current Estimated Value
$678,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,289
Avg. Annual Appreciation
4.51%
Original Mortgage
$520,208
Outstanding Balance
$300,809
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$527,693

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
Grande Ronde Alfalfa Llc $510,000 Eastern Oregon Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grande Ronde Alfalfa Llc $520,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $510,000 -25.0% $434 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
06/25/2012 06/25/12 For Sale $679,900 -- $578 / 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 $2,560 $259,850 $63,960 $195,890
2023 $2,482 $252,460 $62,270 $190,190
2022 $2,396 $245,296 $60,633 $184,663
2021 $2,324 $238,312 $59,027 $179,285
2020 $2,305 $236,276 $57,468 $178,808
2019 $2,237 $229,555 $55,955 $173,600
2018 $2,173 $223,030 $54,486 $168,544
2017 $2,112 $216,694 $53,059 $163,635
2016 $2,053 $210,543 $51,674 $158,869
2015 $1,850 $204,572 $50,330 $154,242
2014 $1,850 $192,265 $49,025 $143,240
2013 $1,998 $193,387 $47,427 $145,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12474546

Regional Multiple Listing Service (RMLS)

APN: 03S40-800-0-1507