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261 Talemena Drive

261 Talemena Drive, Cottage Grove, OR 97424
Property in Lane
Sold Jun 14, 2021
$100,000
$371,000 by Cherry Creek Mortgage Co Inc
Mortgage Due Jul 01, 2051
Sold Apr 21, 2017
$286,000
$280,423 by Plaza Home Mortgage Inc
Mortgage Due May 01, 2047
261 Talemena Drive in Cottage Grove, OR was first built in 1974 and is 50 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 261 Talemena Drive has 2,364 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,200 ft and the linear feet between the front and back of the lot is 2,400. In total, the area measurement of the land is 28,750 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of materials that we aren't sure of. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a detached garage. The garage is 600 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 261 Talemena Drive sold most recently in Jun 9, 2021 for a total of $100,000. If you work out the math, that's approximately a cost of $42.30 per sqft. Before that, the property was also sold for $286,000 in Feb 23, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,357 in taxes each year. 261 Talemena Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $296,782. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 28,750
  • Lot Size Depth Feet: 2,400
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,364
  • Gross Building Area: 2,364
  • Building Area: 2,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,364
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAMONTAI ESTATES
  • Land Acres: 0.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TL 04800

Ownership

  • Current Owner : BRITTON KREG A
  • Previous Owner : BRITTON KREG
  • Previous Owner 2: PORTER KYLEE
  • Owner Before Previous Owner: CARR BRADLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: South Lane School District 45J
  • Census Tract: 001202

Zoning

  • Zoning: RR1

Geography

  • Assessors Map Reference: 2003323004800
  • Account Number: 0907418
  • Parcel: 0907418
  • Block: 1
  • Lot: 4800
  • Meridian: SEC 32 TWN 20 RNG 03
  • Municipality: SOUTH LANE
  • Latitude: 43.7792
  • Longitude: -123.086

    Address

  • Full Address: 261 Talemena Dr
  • Address - House Number: 261
  • Address - Street Name: Talemena
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Cottage Grove
  • Carrier Code: C006
  • 4-Digit Zip Code: 3049
  • Zip Code: 97424

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,357
  • Tax Rate Code Area: 04508

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 82
  • Final Value: 486,603
  • High Value: 558,510
  • Low Value: 414,695

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $371,000
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Loan Amount: $371,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $440,282
  • Market Land Value: $128,791
  • Market Improvement Value: $311,491

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $296,782

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11838291824
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-039149
  • Previous Sale Recording Date: Apr 21, 2017
  • Previous Sale Contract Date: Feb 23, 2017
  • Previous Sale Amount: $286,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $371,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Apr 21, 2017
  • Previous Mortgage Loan Amount: $280,423
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

About Lane



Similar Buildings

Property at 261 Talemena Drive,

1627 West Main Street

  • 1 Unit for Sale
  • 1 Story
1627 West Main Street, Cottage Grove, OR 97424

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 261 Talemena Drive located in?
The 261 Talemena Drive is a located in the neighborhood of Lane in Lane, Cottage Grove.
What is the average sales price for listings in 261 Talemena Drive?
The average sales price for units in 261 Talemena Drive is $0 currently.

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