The Fives on River is a 17-unit, single story apartment complex located at 555 N River Rd, Cottage Grove, OR 97424. Originally constructed in 1920, The Fives on River was renovated down to the foundation in 2023. The property contains 9,250 rentable square feet and features (1) studio unit and (16) 2 Bed/1 Bath units. Over the last few years, the property was completely remodeled, the only original structures are the foundation, which was re-shored and the trusses, which were reinforced. Additionally the owner has supported the framing, added and replaced rafters, installed a new roof, new siding, new paint, new doors, new windows, new fire sprinklers and zero maintenance landscaping. Each unit is renovated with LVP flooring, new paint, new fixtures, new granite counters, new cabinets and new stainless-steel appliances. Each unit contains it?s own washer, dryer and dishwasher, along with large closets for additional storage space. Each unit is sub-metered for water, sewer and electricity, which significantly reduces the utility costs for a new owner. The property is currently Professional managed for a 6% flat fee.
Property Details
Property Features
Property Information:
Year Built: 1920
Stories: 1
Listing Office:
Office Name: Bridge Creek Realty
Office Phone: (503) 508-0131
Listing Agent: Ian Crist
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 1.00 Acres
School Info
Assigned Schools Information:
Cottage Grove High School, Public District Grades 9-12
Lincoln Middle School, Public District Grades 6-8
Bohemia Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: East Main to North River Road
Price Information
Listing Price Info
Price Summary:
List Price: $2,799,000
Tax Information:
Annual Amount: $6,385
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Cottage Grove, OR.
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, 1:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 09, 2020
Jun 09, 2020Home Sold
$500,000
Jun 05, 2020
Jun 05, 2020Home Sold
$600,000
Jun 05, 2020
Jun 05, 2020Home Sold
$500,000
Apr 01, 2008
Apr 01, 2008Home Sold
$630,000
Feb 21, 1997
Feb 21, 1997Home Sold
$275,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$6,385
$344,976
2018
$5,966
$325,174
2017
$5,801
$315,703
History based on county public records data.
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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
2
/10
Bohemia Elementary School
721 S R St
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Middle School
2
/10
Lincoln Middle School
1565 S 4th St
Distance between this listing and this school1.25 miles
Public District Grades 6-8
High School
6
/10
Cottage Grove High School
1375 S River Rd
Distance between this listing and this school1.20 miles
Public District Grades 9-12
Assigned Schools
2
/10
Bohemia Elementary School
721 S R St
Distance between this listing and this school1.02 miles
Public District Grades KG-5
Nearby Schools
4
/10
Harrison Elementary School
1000 S 10th St
Distance between this listing and this school0.83 miles
Public District Grades KG-5
4
/10
Creslane Elementary School
996 A St
Distance between this listing and this school8.25 miles
Public District Grades KG-5
Assigned Schools
2
/10
Lincoln Middle School
1565 S 4th St
Distance between this listing and this school1.25 miles
Public District Grades 6-8
Nearby Schools
3
/10
Creswell Middle School
655 W Oregon Ave
Distance between this listing and this school8.08 miles
Public District Grades 6-8
9
/10
Ridgeline Montessori
4500 W Amazon Dr
Distance between this listing and this school14.13 miles
Public Charter Grades KG-8
Assigned Schools
6
/10
Cottage Grove High School
1375 S River Rd
Distance between this listing and this school1.20 miles
Public District Grades 9-12
Nearby Schools
7
/10
Academy For Character Education
195 N 6th St
Distance between this listing and this school0.25 miles
Public Charter Grades KG-12
7
/10
Creswell High School
33390 Nieblock Ln
Distance between this listing and this school8.61 miles
The neighbors living near this home have an average income of $57,558. Residents of Cottage Grove, OR typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 555 N River Rd
What is the listing price of this property?
The listing price of 555 N River Rd property is $2,799,000.
What type of property is this?
The property 555 N River Rd is a house located in Cottage Grove, Oregon, 97424.
Is this property for sale now?
Active Listing: 555 N River Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 555 N River Rd are: Bohemia Elementary School: GreatSchools Rating 2/10Lincoln Middle School: GreatSchools Rating 2/10Cottage Grove High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $6,385 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 9, 2020 for $500,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 555 N River Rd is 1920.
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This home is located at 555 N River Rd in Cottage Grove, OR and zip code 97424. This home, which was built in 1920, sits on a 1.00 acre lot. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $2,799,000.
Cottage Grove, OR housing market in March 2024 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 5 sold below. Between February 2024 and March 2024, Cottage Grove, OR real estate market has seen increase in the number of listings by 4.3%. In March 2024 median list price was $380,000 and the average listing age was 58 days.
From Rocket Homes Real Estate and based on county public records data.
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 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. 
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