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$575,900   Price Analysis
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1232 W Main St
Cottage 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
 

this is a t remendous property for an investor or a owner occupied looking for some extra income as there is a separate legal apt over the garage

With its own address, parking and separate utilities meters. The main house is owner occupied and is3 bed/2 baths with a main lvel bed and bath, with a remodeled gourmet kitchen, custom knotty alder cabinets, granite counters, ss appliances and gas range, built in features in kitchen include trash bin, spice rack, cookie sheet rack. There is a breakfast bar and eating area in the kitchen. The one bedroom upstairs could be made into 2 rooms. floors are wood, newer lvp flooring and carpeting upstairs. There is a wood stove and a generac generator directly hooked to the natural gas line so it comes on automatically during a power outage.

There is a 1000+ sqft basement which is where the hot water heater and forced air unit are located for the house and its a great storage space or root cellar. The home has a wrap around porch a fenced yard with garden shed. deck and patio and small raised garden area. a large garage with ample parking space in the driveway. The apartment over the extended garage, has its own private entrance and parking spaces behind the garage. It has wall heaters and current tenant has a window ac that belongs to the tenant. This area would also be great as a guest house or rec room if you don't want the extra income. There is a 30X6 ft covered are for firewood storage next to the garage.


Presented by Tammy Almaraz at
Hybrid Real Estate.


Property MLS #24020150 from RMLS

Bedrooms: 4

Cooling Features: CentralAir, WindowUnit
Heating Features: ForcedAir, WallHeater
Heating: Yes
Water Heaters: Electricity

Full Bathrooms: 3

Storage: Basement, Garage

Basement Description: ExteriorEntry, FullBasement, StorageSpace

Lot Description: Level
Lot Size Acres: 0.1699954
Lot Size Square Feet: 7405

Road Surface Type: Paved

Parking Features: Driveway, OffStreet

Elementary School: Bohemia
High School: Cottage Grove
Middle School: Lincoln

Bohemia Elementary School is a public elementary school located approximately 0.5 miles away.
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Cottage Grove High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Lincoln Middle School is a public middle school located approximately 0.9 miles away.
directions icon Map directions

Oak Park Christian School is a private elementary school located approximately 0.2 miles away.
directions icon Map directions

Gross Income: 10800

Number of Units: 2
Unit Type: UnitTypeType1, UnitTypeType2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1

Calculated Total Monthly Association Fees: 0

LotSizeRange: SqFt7000to9999
Annual Tax Amount: 5210.5
Source Listing Status: Active
County: Lane
Cap Rate: 1.88
Directions: I-5 to 174 exit straight to gateway rd right on main street which becomes W. main
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 0902328
Zoning: rsd
Source System Name: C2C

YearAssessments
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

Listed 2024-05-08
$575,900
RMLS
Listing removed 2024-04-26
$570,900
RMLS
Price Changed 2024-03-26
$570,900
RMLS
Listed 2024-02-14
$575,900
RMLS
Sold 2016-09-20
$217,000
RMLS
Listed 2016-05-26
$219,000
RMLS
Listing removed 2015-07-01
$216,000
RMLS
Price Changed 2015-06-15
$216,000
RMLS
Price Changed 2015-05-28
$218,000
RMLS
Price Changed 2015-04-30
$219,000
RMLS
Price Changed 2015-04-15
$224,000
RMLS
Price Changed 2015-04-02
$228,000
RMLS
Price Changed 2015-03-18
$229,000
RMLS
Price Changed 2015-02-21
$229,900
RMLS
Price Changed 2015-02-19
$236,900
RMLS
Price Changed 2015-02-13
$237,900
RMLS
Price Changed 2015-01-21
$238,900
RMLS
Price Changed 2015-01-05
$239,900
RMLS
Price Changed 2014-11-21
$249,900
RMLS
Listed 2014-10-17
$259,990
RMLS
Listing removed 2010-04-28
$255,000
RMLS
Listing removed 2010-04-28
$299,900
RMLS
Listing removed 2010-01-02
$225,000
RMLS
Price Changed 2009-12-26
$225,000
RMLS
Relisted 2009-08-24
$250,000
RMLS
Listing removed 2009-08-06
$250,000
RMLS
Listed 2009-07-01
$250,000
RMLS
Listed 2008-06-26
$255,000
RMLS
Listed 2007-08-30
$299,900
RMLS
Sold 1994-06-08
$86,500
Public Record
Sold 1993-02-05
$82,000
Public Record
Sold 1992-02-11
$82,000
Public Record
Sold 1990-01-04
$56,000
Public Record

Net Operating Income: 10800

Year Built: 1922
Building Exterior Type: T111Siding, VinylSiding
Foundation Details: ConcretePerimeter
Property Age: 102
Property Condition: UpdatedRemodeled
Roof: Composition, Membrane
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
Click Thumbnail Images To View Full Size
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unknownbedroomlaundry_roombathroomdining_room
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porchunknown

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.