NOT LISTED FOR SALE

90777 Marcola Rd Springfield, OR 97478

Estimated Value: $789,000 - $1,074,000

2 Beds
1 Bath
644 Sq Ft
$1,375/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $770,000 $1,196 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,808/month

30 Days on Market

Highlights

  • Barn
  • 75.62 Acre Lot
  • Living Room
  • River View
  • No HOA
  • Laundry Room

About This Home

As of March 2024

Exceptional opportunity awaits with this ideal location and expansive 75 acres of rich farmland nestled along the banks of the Mohawk River. Water rights provide potential for diverse agricultural endeavors. In addition to a cozy 2 bedroom, 1 bathroom home, the property features multiple barns, loafing shed and ample covered storage areas. Buyer to do due diligence regarding land use and water rights.

Last Agent to Sell the Property

Stefani Myers

Hybrid Real Estate License #201222247 Listed on: 02/16/2024

Hybrid Real Estate

Last Buyer's Agent

Josie Carothers

Windermere RE Lane County License #201234421

Windermere RE Lane County

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,225

Year Built

  • Built in 1954

Lot Details

  • 75.62 Acre Lot
  • River Front
  • Level Lot
  • Property is zoned E40,RR5

Parking

  • Driveway

Home Design

  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 644 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Yolanda Elementary School
  • Briggs Middle School
  • Thurston High School

Farming

  • Barn

Utilities

  • No Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Mounted To A Wall or Window
  • The river is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0037182

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,225

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1954
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 770000.0
  • Open House: No
  • OtherStructuresFeatures1: ConcreteFloor
  • OtherStructuresRoof1: Metal
  • OtherStructuresRoof2: Metal
  • OtherStructuresRoof3: Metal
  • OtherStructuresRoof4: Metal
  • OtherStructuresType1: Barn
  • OtherStructuresType2: Barn
  • OtherStructuresType3: Barn
  • OtherStructuresType4: Barn
  • PublicRemarksWaterRights: Water Rights Certificates: 29745, 52564, 48279 & 52655
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: PelletStove
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres50to100
  • OtherStructuresBathsTotal: 0.00
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 50 to 99.99 Acres
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Gravel
  • Water Body Name: Mohawk River
  • Waterfront Features: RiverFront
  • Disclosures: Exempt
  • Home Warranty: No
  • Roof: Composition
  • View: River

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: PelletStove, WallHeater
  • Heating Yn: No
  • Sewer: SepticTank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Yolanda
  • High School: Thurston
  • Middle Or Junior School: Briggs

Lot Info

  • Water Rights Certificate Id: 29745
  • Water Rights Current: Yes
  • Water Rights Delivery Method: Pump
  • Water Rights Delivery System: WheelLine
  • Water Rights Power At Diversion: Yes
  • Water Rights Pump Location: OnTheProperty
  • Water Rights Pump Owner: PropertyOwner
  • Water Rights Pump Shared: No
  • Water Rights Use: Agriculture
  • Zoning: E40,RR5
  • Land Lease: No
  • Lot Size Acres: 75.62
  • Lot Size Sq Ft: 3294007.0
  • Parcel #: 0037182

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 800

Tax Info

  • Tax Deferral Desc: Farm
  • Tax Deferral: Yes
  • Tax Year: 2023
  • Tax Annual Amount: 2224.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 27, 2024
Sold by
Smith Family Trust and Gary A Smith Revocable Trust
Bought by
Miller Charles J
Seller's Agent
Stefani Myers
Hybrid Real Estate
Buyer's Agent
Josie Carothers
Windermere RE Lane County
List Price
$950,000
Sold Price
$770,000
Premium/Discount to List
-$180,000
-18.95%
Views
50
Current Estimated Value
$885,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,523
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Feb 1, 2022
Sold by
Smith Gary A
Bought by
Gary A Smith Revocbale Trust

Purchase Details

Closed on
Oct 25, 2021
Sold by
Smith Gary A and Estate Of Joyce M Smith
Bought by
Smith Gary A and Smith Family Trust

Purchase Details

Closed on
Oct 28, 1999
Sold by
Jaberg James H and Ann Susan
Bought by
Smith Gary A and Smith Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.82%
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Miller Charles J $770,000 Cascade Title
Gary A Smith Revocbale Trust -- None Listed On Document
Smith Gary A -- None Available
Smith Gary A $300,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Gary A $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $770,000 -18.9% $1,196 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $950,000 -- $1,475 / 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
2025 $2,132 $190,137 -- --
2024 $2,095 $186,566 -- --
2023 $2,095 $183,357 $0 $0
2022 $1,997 $179,562 $0 $0
2021 $1,944 $173,780 $0 $0
2020 $1,882 $168,365 $0 $0
2019 $1,815 $163,694 $0 $0
2018 $1,752 $154,145 $0 $0
2017 $1,625 $154,145 $0 $0
2016 $1,583 $149,724 $0 $0
2015 $1,542 $145,429 $0 $0
2014 $1,495 $141,299 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24626416

Regional Multiple Listing Service (RMLS)

APN: 0037182