$550,900 Price Analysis 1232 W Main StCottage Grove, OR 97424 4 bed 3 bath unknown SqFt ($0/SqFt) 7,405SqFt lot. Built 1922 Listed 2024-05-08, Taxes $5,009 | ✓ USDA Eligible near Cottage Grove, OR |
It would be fantastic for a owner occupied investment. Live in the house and rent out the 1 bed/1 bath apa rtment over the garage or visa versa and the property will help pay for itself. It would also work great for multigenerational/ extended family living. Or use the apartment for a caretakers unit for those needing on site help. The apartment would also make a great office, guest house for out of town company or recreation room. The house is 3 bedrooms but could be 5. The sellers removed a wall from the downstairs bedrooms to make a larger master. replace it and have 2 beds down and 2 up or put a wall up between the L shaped room upstairs which already has 2 doors and have 3 rooms upstairs. House has a full bathroom on both levels. The 20X30 garage has room for 4 car parking inside, the driveway will hold 4 cars plus there is off street parking in the front and the apartment above the garage has its own entrance and 2 car parking at the back of the property.
Apartment also has its own separate utilities and address. Main house has some remodeling and some original era features. It has a completely remodeled custom kitchen with granite counters and knotty alder cabinets and cupboards. There is a wood stove in the house, along side the garage is a covered wood storage area. There is a 1000+ sqft basement with lots of storage area. There is a generac generator hooked directly to the natural gas line that comes on automatically within several seconds of a power outage Which came in handy this pass winter during the ice storms. fully fenced backyard with a deck, pato, Garden shed and a few raised garden beds. Seller currently gets $900 a month for the apartment but has not raised the rent this year in case new owners would like to keep the tenant and raise the rent themselves. If not seller is willing to remove the tenant. Seller has been told that they could get $2500 to $3500 for the house if an investor wanted to rent
Presented by Tammy Almaraz at
Hybrid Real Estate.
Property MLS #24020150 from RMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $273,771 | $5,009 |
2021 | $unknown + $unknown $265,798 | $4,871 |
2020 | $unknown + $unknown $258,057 | $4,776 |
2019 | $unknown + $unknown $241,010 | $4,347 |
2018 | $unknown + $unknown $233,991 | $4,293 |
2017 | $unknown + $unknown $227,176 | $4,174 |
2016 | $unknown + $unknown $220,559 | $4,112 |
2015 | $unknown + $unknown $214,135 | $3,779 |
2014 | $unknown + $unknown $207,898 | $3,678 |
2013 | $unknown + $unknown $201,843 | $3,452 |
2012 | $unknown + $unknown $196,437 | $3,237 |
2011 | $unknown + $unknown $192,807 | $3,298 |
2010 | $unknown + $unknown $187,191 | $3,213 |
2009 | $unknown + $unknown $181,739 | $3,110 |
2008 | $unknown + $unknown $176,446 | $3,014 |
2007 | $unknown + $unknown $171,307 | $2,922 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.