1525 East Madison Avenue

Local assessors in Cottage Grove, OR have categorized 1525 East Madison Avenue as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 21,780 square feet. The linear feet between the front and back of the lot was measured at 2,840 ft and the front of the lot was measured at 760 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1525 East Madison Avenue has a total of 1,836 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1525 East Madison Avenue sold most recently in Apr 30, 1999 for a total of $133,000. If you work out the math, that's approximately a cost of $72.44 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,319 in taxes each year. 1525 East Madison Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $126,720. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.