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50 S 17th St, Cottage Grove, OR, 97424

$1,193,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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50 S 17th St, Cottage Grove$1,193,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingStreet Parking, Paved
Year Built2022
HeatingDuctless, Heat Pump, Zoned
CoolingHeat Pump, Zoned
ViewSeasonal View
MLS #24593736
Lot Size0.28 Acres
StatusActive

About 50 S 17th St

Rare to market, this brand-new 4-plex is designed for long-term success. With an owner carry opportunity available, minimum term length of 5 years with attractive terms. Great investment opportunity, with projected rents at $1,500.00 per unit. Adjacent parcel with engineered plans for 3 more residential units and 2 commercial ground units with a residential unit above ready for approval to be purchased separately or as a package. Moreover, approved for the Multi-Unit Property Tax Exemption (MUPTE) currently with a construction completion deadline of November 2024. Saving the property owner tens of thousands in property taxes over the next 10 years. No taxes starting from the completion of the 3 additional units! These meticulously crafted one bed, one bath Cottage Style units boast high-end finishes, offering a touch of luxury for its residents. Open concept floor plans with hard surface floors downstairs. Well sized kitchens with butcher block / granite countertops, ample storage space and brand new appliances. Spacious living room perfect for entertaining. Huge master suite upstairs with access to the private balcony and ensuite full bath with separate space for office or art studio. Each unit is equipped with sub-metered electrical. Ready for roof top solar. So much potential for long term cash flow! You will not find anything like it on the market! Shown by appointment only. Call your broker today to arrange a private tour!

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 2

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (888) 814-9613
  • Listing Agent: Jesse Haffly

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • View: Seasonal View

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking, Paved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Ductless, Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned

School Info

Assigned Schools Information:

  • Cottage Grove High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Harrison Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: E Main Street to S 17th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,193,000
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Housing Market Comparison

See how this home compares to others in Cottage Grove, OR.

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Cottage Grove, OR

City

Med. Sold Price

$380K

Med. Price/SqFt

$265

Avg. Days On Market

58

# of Sold Homes

11

50 S 17th St vs Cottage Grove

44 DAYS ON ROCKET

-14 Days

$1,193,000

+$813K More

KEY TAKEAWAY

This property is $813K more than the Median Sold Price in Cottage Grove, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24593736

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Phone: (888) 814-9613
  • Listing Agent: Jesse Haffly

IDXThe 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 another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:25:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2834375
4
/10

  • Harrison Elementary School

  • 1000 S 10th St

  • 0.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2834376
2
/10

  • Lincoln Middle School

  • 1565 S 4th St

  • 1.12 miles

  • Public District Grades 6-8

High School

school-card-donut-2834377
6
/10

  • Cottage Grove High School

  • 1375 S River Rd

  • 1.20 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,240. Most Cottage Grove, OR residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 50 S 17th St

What is the listing price of this property?

The listing price of 50 S 17th St property is $1,193,000.

What type of property is this?

The property 50 S 17th St is a house located in Cottage Grove, Oregon, 97424.

Is this property for sale now?

Active Listing: 50 S 17th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 50 S 17th St are:
Harrison Elementary School: GreatSchools Rating 4/10
Lincoln Middle School: GreatSchools Rating 2/10
Cottage Grove High School: GreatSchools Rating 6/10

Which year was this property built?

The year of construction for 50 S 17th St is 2022.

Rocket Homes›Oregon›Lane County›Cottage Grove›97424›50 S 17th St

This home is located at 50 S 17th St in Cottage Grove, OR and zip code 97424. This home, which was built in 2022, sits on a 0.28 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $1,193,000.

While more than 3 listings in Cottage Grove, OR in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. The number of listings in Cottage Grove, OR increased by 4.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 58 days, the median list price was $380,000.

From Rocket Homes Real Estate and based on county public records data.

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