NOT LISTED FOR SALE

827 S 7th St Cottage Grove, OR 97424

Estimated Value: $259,000 - $397,000

4 Beds
2 Baths
1,344 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $250,000 $186 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,873/month

Highlights

  • Outdoor Storage
  • Level Lot
  • 1-Story Property

About This Home

As of July 2022

Rare opportunity to get into an investment property with lots of room for growth. Sits on a nice quiet street. Each unit has an open layout that utilizes the space well. Large fenced back yards. Occupied by the same tenants for 10+ years, and always professionally managed. No interior pics due to length of tenancy and accumulated clutter. Happy to answer any questions you may have!

Last Agent to Sell the Property

Dorian Perkey

TLC Realty License #201214418 Listed on: 05/11/2022

TLC Realty

Last Buyer's Agent

Sherri Smith

Smith Realty Group License #200502237

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1960

Lot Details

  • 6,316

Parking

  • Paved Parking

Home Design

  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Range

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • Level Lot

Community Details

  • 2 Units
  • Property managed by Territorial Land Company

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1344
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Existing
  • Remarks Public: Rare opportunity to get into an investment property with lots of room for growth. Sits on a nice quiet street. Each unit has an open layout that utilizes the space well. Large fenced back yards. Occupied by the same tenants for 10+ years, and always professionally managed. No interior pics due to length of tenancy and accumulated clutter. Happy to answer any questions you may have!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 07300
  • Basement: Crawl Space
  • Storage: Deck

Exterior Features

  • Exterior Description: Block
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Wall Furnace
  • Security: None

Condo/Co-op/Association

  • Management Name: Territorial Land Company
  • Unit Features: Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RSFR

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2337.24
  • Assessor Parcel Number: 911436
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.63

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 1, 2022
Sold by
Garman Konnie L
Bought by
Sharkey Properties Llc
Seller's Agent
Dorian Perkey
TLC Realty
Buyer's Agent
Sherri Smith
Smith Realty Group
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Current Estimated Value
$313,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,023
Avg. Annual Appreciation
7.10%

Purchase Details

Closed on
May 30, 2019
Sold by
Byrem Stephen A
Bought by
Garman Konnie L and Garman Nick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Bottorff Todd A
Bought by
Byrem Stephen A and Byrem R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,200
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2004
Sold by
Hemenway David and Hemenway Ruth
Bought by
Bottorff Todd A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Sharkey Properties Llc $250,000 First American Title
Garman Konnie L $190,000 First American
Byrem Stephen A $152,270 Multiple
Bottorff Todd A $123,100 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garman Konnie L $120,000
Previous Owner Byrem Stephen A $114,200
Previous Owner Bottorff Todd A $116,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $250,000 -9.1% $186 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $275,000 -- $205 / 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 $2,556 $139,341 -- --
2023 $2,556 $135,283 $0 $0
2022 $2,403 $131,343 $0 $0
2021 $2,337 $127,518 $0 $0
2020 $2,291 $123,804 $0 $0
2019 $2,168 $120,199 $0 $0
2018 $2,141 $113,300 $0 $0
2017 $2,055 $113,300 $0 $0
2016 $1,949 $110,000 $0 $0
2015 $1,777 $106,796 $0 $0
2014 $1,812 $103,883 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22052793

Regional Multiple Listing Service (RMLS)

APN: 0911436