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76955 Nellie Lane

76955 Nellie Lane, Cottage Grove, OR 97424
Property in Lane
Refi Apr 05, 2021
Transfer
$612,000 by American Advisors Group
Mortgage Due Jan 15, 2088
Local assessors in Cottage Grove, OR have categorized 76955 Nellie Lane as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 43,560 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 76955 Nellie Lane has a total of 1,824 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 - C. The building has a gable style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's baseboard heaters is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $2,666 in taxes each year. 76955 Nellie Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $258,558. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 1,824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 1,824
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TL 00110

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RR5

Geography

  • Assessors Map Reference: 2103170000110
  • Account Number: 1367299
  • Parcel: 1367299
  • Lot: 110
  • Meridian: SEC 17 TWN 21 RNG 03
  • Municipality: SOUTH LANE
  • Latitude: 43.7501
  • Longitude: -123.068

    Address

  • Full Address: 76955 Nellie Ln
  • Address - House Number: 76955
  • Address - Street Name: Nellie
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Cottage Grove
  • Carrier Code: H074
  • 4-Digit Zip Code: 9358
  • Zip Code: 97424

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,666
  • Tax Rate Code Area: 04508

    Appraisal Valuation

  • Standard Deviation: 0.1239
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 86
  • Final Value: 538,902
  • High Value: 605,725
  • Low Value: 472,079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $612,000
  • First Open Lien Mortgage Lender: AMERICAN ADVISORS GROUP
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $612,000
  • First Open Lien Mortgage Term: 800
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jan 15, 2088

    Market Valuation

  • Market Total Value: $474,372
  • Market Land Value: $139,125
  • Market Improvement Value: $335,247

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $258,558

    Exemptions

  • Veteran Exemption: Yes

About Lane



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Frequently Asked Questions

What neighborhood is 76955 Nellie Lane located in?
The 76955 Nellie Lane is a located in the neighborhood of Lane in Lane, Cottage Grove.
What is the average sales price for listings in 76955 Nellie Lane?
The average sales price for units in 76955 Nellie Lane is $0 currently.

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