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' ` <br /> 411"' Marion County <br /> OREGON <br /> _' ASSESSOR'S OFFICE PO BOX 14500 <br /> SALEM,OR 97309 <br /> Regarding the recent transaction involving property located at: 363 NORTH SANTIAM HWY <br /> GATES,OR 97346 <br /> Dear Buyer: <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 an <br /> informed buyer to an informed seller,each acting without compulsion in an arm's length transaction (ORS 308.205). The following questions are to <br /> determine whether your recent transaction was reflective of real market value and therefore useful for our studies. <br /> Please note that we do not use the information you provide to directly revalue your property. 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 County. <br /> If you have questions, please call the Marion County Assessor, Commercial Section at 503-588-5144. Thank you for your assistance. <br /> 1. Total sales price $ 7S:3 DOJ <br /> 2. Date sales price was agreed upon• 1 i ( i id"9 <br /> 3. Was an appraisal completed?'no [ ] 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 f.] partial interest conveyed [ I buyer or seller a charitable <br /> [ ] auction or distress sale [ ] buyer owns adjoining property organization <br /> 5. Did the sale price include any of th fol ; ing? If"yes,"please show estimated value or indicate if value is unknown. <br /> significant repairs or other changes • the ,roperty paid by seller or out of escrow? ..$ or[ ]unknown <br /> exchange of non-cash propert e.g. 1031 exc -nge)? $ or[ ]unknown <br /> an existing business? $ or[ ]unknown <br /> personal property:fur ture,equipment, machinery,etc? $ or[ ]unknown <br /> 6. Were any unpaid taxes,special assessments,mortgages,commissions,tenant improvements,or other obligations assumed by you <br /> as the purchaser and included in the sale price listed above? <br /> y no [ ]yes;please state nature and amount: <br /> 7. Did the seller provide any financing in conjunction with this transaction? /' <br /> [ ]no ' '0 yes;please describe: 1 %down payment %interest (UD term in months [4alloon payment <br /> 8. Other than listed above,did any characteristic of this transaction represent atypical or non-market terms? Please describe. <br /> 9. Washe property listed or advertised on the open market? RECEIVED <br /> yes, listed with broker; broker name: 143,1 <br /> -77,4 'zt <br /> MAR 2 4 2020 <br /> [ ]yes, but not listed with broker as far as you knw [ ]no, not on open market [ ]do not know <br /> MARION COUNTY <br /> Please continue other side ASSESSOR <br /> IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII Internal Assessor Use Only <br /> Acct.#(s): R41624 MTL: 093E26C 00500 Prop. Class: 701 Stat. Class: HI I <br /> Initial Sales Code: 39 Doc.Type: RC Doc.#: 42970352 Sale Date: 02/10/2020 <br /> I, <br /> C code in CAMA El scanned to CAMA IIIIIIIIIIIIIIIIIIIIIIIIIIInIIIIIIIIIIIII IIIIIIIHIIIIIIIIIIIIIIIIHIIIIINIIIIIIIIIIIIIIIIII <br /> i <br />