1124 East Madison Avenue

Cottage Grove, OR 97424

$425,000
Price
Beds
1,655 Sq. Ft.
$257 / Sq. Ft.
1,655
Sq. Ft.
$257
per Sq. Ft.

Description

Rare find with two homes on large .21 acre lot. The homes have had some updating including recent interior painting, newer roof on 1 home, new toilets. Insulation placed around piping under 1 home. The location is perfect within minutes of schools, shopping and recreation.Rare find with two homes on large .21 acre lot. The homes have had some updating including recent interior painting, newer roof on 1 home, new toilets. Insulation placed around piping under 1 home. The location is perfect within minutes of schools, shopping and recreation.
  1. Listed by Jane Dixon • MORE Realty

Property Details for 1124 East Madison Avenue

Parking Features
Driveway, On Street
Zoning
R1

Location

Listing Courtesy of MORE Realty
Add your commute
LISTING UPDATED: 04/14/2024 04:29 AM

Property Details for 1124 East Madison Avenue

StatusActive
MLS #24376789
Days on Market36
Taxes$2,758 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1945
Lot Size0.21 AC / 9,147 SF
CountyLane County

Location

Listing Courtesy of MORE Realty
Add your commute

Building Information for 1124 East Madison Avenue

Stories-Residences2Year Built1945Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$2,549 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1124 East Madison Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Corner of Madison and 12th St.
  • Road Surface: Paved
School Information
  • Elementary School: Harrison
  • High School: Cottage Grove
  • Middle Or Junior School: Lincoln
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,757.88
  • Parcel Number: 0899847
  • Tax Legal Description: Tl 10200
Property
Lot Information
  • Acres: 0.21
  • Lot Description: Level
  • Lot Size Square Feet: 9147.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1945
Utilities
  • Fuel Description: Electricity
  • Heating Description: Wall Heater, Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Composition
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $25,500.00
  • Gross Rent Multiplier: $16.67
  • Investor Information: According To Owner, Annual Property Operation Data
  • Net Income Actual: $22,536.00
  • Operating Expense: $5,728.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1655
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Range, Refrigerator, Washer Dryer, Window Coverings
  • Unit Type 1 Rent: $1,250
  • Unit Type 1 SqFt: 825.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Range, Refrigerator, Washer Dryer, Window Coverings
  • Unit Type 2 Rent: $875
  • Unit Type 2 SqFt: 825.0
  • Unit Type 2 Units Total: 1

Property History for 1124 East Madison Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1124 East Madison Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$2,758 ($230 / month)
Home Facts
Beds3Baths2Total Finished SqFt975 SqFtAbove Grade Finished SqFt975 SqFtStories1Lot Size9,148 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1933ZoningR1-SINGLE-FAMCountyLANEAPN20-03-28-43-10200-000

Schools near 1124 East Madison Avenue

This home is within South Lane School District 45j3.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Harrison Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Cottage Grove High School
Public9 to 12

Academy For Character Education
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1124 East Madison Avenue is a multi-family home for sale in Cottage Grove, OR 97424. This property was listed for sale on March 27, 2024 by MORE Realty, it's currently listed at $425,000. It has been on the market for a total of 36 days and was last sold on March 3, 2015. This listing's school district is South Lane School District 45j3. Nearby schools include Harrison Elementary School, Lincoln Middle School and Cottage Grove High School. 1124 East Madison Avenue is a 0-bed, 0-bath, 1,655 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MORE Realty

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 04/14/2024 04:29 AM