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µ*ms Marion County <br /> '''''-------Zs' OREGON PO BOX 14500 <br /> 11.1ASSESSOR'S OFFICE SALEM, OR 97309 <br /> Regarding the recent transaction involving property located at: 1151 LANCASTER DR NE SALEM OR 97301 <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. <VV <br /> If you have questions,please call the Marion County Assessor,Commercial Section at 503-588-5144. Thank you for your assistance. \ O�0 <br /> 1. Total sales price $ 200,00° 't��� (1\"4-SA <br /> 22. Date sales price was agreed upon• 6 /25 /2,0 20 " �` \41-‘ <br /> G 53'qs <br /> 3. Was an appraisal completed? Pho [ ] 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 /> no [ ]yes; please state nature and amount: <br /> 7. Did you as the seller provide any financing in conjunction with this transaction? <br /> 14 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 gnever on the market <br /> 10. Was the property listed with a real estate broker? 14no [ ]yes;number of months: <br /> Broker name: <br /> 11. Have any major changes been made to the property since the sale date,that you know of? <br /> Nno [ ] yes: $ value,description: <br /> Your Name: <br /> (flurry , '10.5-1-- <br /> � I Daytime Phone: 5 41 _721 - 6$33 <br /> `� \ <br /> It may be necessary for an appraiser to call for additional details or clarification. Thank yout <br /> Assessor Use Only <br /> Pri.Acct: 583429 IIIA IVIII�IIIIIIIIIg1 MTL: 072W19CB 11900 Prop.Class: 201 MaSaNh: 0407000 <br /> Initial Sales Code:00 Deed Type:WD Deed Reel Page: 43700409 Sale Date: 8/12/2020 <br /> uIIII�IlI1IaI IIIIIIAIIIIII <br /> 1111111111111111111111111101 111111111 <br />