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4114"'. Marion County <br /> :,r„ OREGON ' RECEIVED <br /> _ ASSESSORS OFFICE <br /> SALEM,OR 97309 <br /> ',, APR 11 2019 <br /> Regarding the recent transaction involving property located at: 290 FRONT ST N MARION COUNTY <br /> DETROIT, OR 97342 ASSESSOR <br /> Dear Seller: <br /> Marion County is required by law to value all property at real market value(ORS 308.232),defined as what it would sell for in cash terms paid by <br /> an informed buyer to an informed seller,each acting without compulsion in an arm's length transaction (ORS 308.205). The following questions <br /> are to determine whether your recent transaction was reflective of real market value and therefore useful for our studies. Please note that we do <br /> not use the information you provide to directly revalue the property you recently sold. Instead,we will use it to develop and refine a model for <br /> better predicting sales prices of all properties of the same type(i.e.,warehouses, apartment buildings, retail stores,as applicable) in Marion <br /> County. <br /> If you have questions, please call the MarionCountyAssessor, Commercial Section at 503-588-5144. Thank you for your assistance. <br /> 1. Total sales price $ 9'V(000i (f0 <br /> 2. Date sales price was agreed upon• I I / Dl / /0 <br /> 3. Was an appraisal completed?)do ] yes, appraised value: $ <br /> 4. Did this transaction involve any of the following? Please check all that apply. <br /> [ ] buyer&seller related personally or professionally [ ] partial interest conveyed [ ] buyer or seller a charitable <br /> [ ] auction or distress sale [ ] buyer owns adjoining property organization <br /> 5. Did the sale price include any of the following? If"yes," please show estimated value or indicate if value is unknown. <br /> significant repairs or other changes to the property paid by you as seller or out of escrow? . $ or[ ] unknown <br /> exchange of non-cash property(e.g. 1031 exchange)? $ or[ ] unknown <br /> an existing business? $ or[ ]unknown <br /> personal property:furniture, equipment, machinery,etc? $ or[ ] unknown <br /> 6. Were any unpaid taxes,special assessments, mortgages,commissions,tenant improvements,or other obligations assumed by the <br /> purchaser and included in the sale price listed above? <br /> ono [ ]yes; please state nature and amount: <br /> 7. Did you as the seller provide any financing in conjunction with this transaction? <br /> no [ ]yes; please describe: %down payment % interest term in months [ ] balloon payment <br /> 8. Other than listed above,did any characteristic of this transaction represent atypical or non-market terms? Please describe. <br /> 9. How long was the property on the market? , months [ ] never on the market <br /> 10. Was the property listed with a real estate broker? [ ] no es; number of months: <br /> Broker name: 12?� i d`f4 icti ;ad.% 4-4 0a(4-44.L --%1 <br /> 11. Have any major changes been made to the property since the sale date,that you know of? <br /> )Q no [ ] yes: $ value,description: <br /> Your Name: t)k.3 L) Daytime Phone: 6D3 _S/Z"(4 I <br /> It may be necessary for an appraiser to call for additional details or clarification. Thank you! <br /> Internal Assessor Use Only <br /> Acct.#(s): R98193 MTL: 105E01BC15000 Prop. Class: 200 Stat. Class: <br /> Initial Sales Code: 15 Doc. Type: WD Doc.#: 41470335 Sale Date: 12/07/2018 <br /> C code in CAMA ❑ scanned to CAMA 111111111ll111]1111[1111[11111[11111110[11011I11 11111[11111101111111111111111[1111111111111[1 <br />