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73578 London Road

73578 London Road, Cottage Grove, OR 97424
Property in Lane
Sold Jul 10, 2020
$375,000
$307,500 by Summit Funding Inc
Mortgage Due Apr 01, 2051
Sold Jul 20, 2012
$94,530
Local assessors in Cottage Grove, OR have categorized 73578 London Road as a residential type of property. The home was built in 1993 and is 31 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 483,516 square feet. 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 73578 London Road has a total of 1,757 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. The garage on the property is 912 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. 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, 73578 London Road sold most recently in Jul 8, 2020 for a total of $375,000. If you work out the math, that's approximately a cost of $213.43 per sqft. Before that, the property was also sold for $94,530 in Jul 19, 2012. 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 $1,649 in taxes each year. 73578 London Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $165,126. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Driveway

Driveway

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1997
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Building Style: Mobile home
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 912
  • Parking Space Count: 4
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 483,516
  • Total Building Area: 1,757
  • Building Area: 1,757
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,757
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 11.1
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: TL 00500

Ownership

  • Current Owner : RILEY MICHAEL
  • Previous Owner : CAPPS LISA ANN
  • Owner Before Previous Owner: DOWNES JOHN M
  • Owner Before Previous Owner 2: DOWNES MARTHA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: South Lane School District 45J
  • Census Tract: 001400

Zoning

  • Zoning: E40

Geography

  • Assessors Map Reference: 2203170000500
  • Account Number: 0970234
  • Parcel: 0970234
  • Lot: 500
  • Meridian: SEC 17 TWN 22 RNG 03
  • Municipality: SOUTH LANE
  • Latitude: 43.6566
  • Longitude: -123.082

    Address

  • Full Address: 73578 London Rd
  • Address - House Number: 73578
  • Address - Street Name: London
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Cottage Grove
  • Carrier Code: H074
  • 4-Digit Zip Code: 9222
  • Zip Code: 97424

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,649
  • Tax Rate Code Area: 04509

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 82
  • Final Value: 487,618
  • High Value: 559,675
  • Low Value: 415,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $307,500
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $307,500
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $417,772
  • Market Land Value: $168,908
  • Market Improvement Value: $248,864

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,126

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Jul 10, 2020
  • Current Sale Transaction ID: 11771743097
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-036570
  • Previous Sale Recording Date: Jul 20, 2012
  • Previous Sale Contract Date: Jul 19, 2012
  • Previous Sale Amount: $94,530
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: Jul 10, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Lane



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Frequently Asked Questions

What neighborhood is 73578 London Road located in?
The 73578 London Road is a modular home located in the neighborhood of Lane in Lane, Cottage Grove.
What is the average sales price for listings in 73578 London Road?
The average sales price for units in 73578 London Road is $400,000 , or $228/sqft. currently.

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