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Marion County ��V <br /> OREGON PO BOX 14500 <br /> 111111ftliASSESSOR'S OFFICE SALEM,OR 97309 <br /> Regarding the recent transaction involving property located at: 4695 STATE ST PQ`\O cSSo ' <br /> SALEM,OR 97301 O P`' <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 Marion County Assessor,Commercial Section at 503-588-5144. Thank you for your assistance. <br /> 1. Total sales price $13,000,000.00 <br /> 2. Date sales price was agreed upon• 01 /05 20 <br /> 3. Was an appraisal completed? [x]no [ ] yes,appraised value:$ Not to seller's knowledge. <br /> 4. Did this transaction involve any of the following? Please check all that apply. <br /> None. <br /> [ ] buyer&seller related personally or professionally [ ] partial interest conveyed [ 1 buyer or seller a charitable <br /> [ ] auction or distress sale [ 1 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? .$400,000.00 or[ ]unknown <br /> � <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[ 1 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 /> [x]no [ 1 yes;please state nature and amount: <br /> 7. Did you as the seller provide any financing In conjunction with this transaction? <br /> [x]no [ 1 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 /> None <br /> 9. How long was the property on the market? 4 months [ ]never on the market <br /> 10. Was the property listed with a real estate broker? [ ]no [x]yes;number of months: 4 <br /> Broker name: Commonwealth Commercial Brokerage <br /> 11. Have any major changes been made to the property since the sale date,that you know of? <br /> [x] no [ 1 yes:$ value,description: <br /> Your Name: <br /> Kendall Rosemeyer Daytime Phone: 760.668.2493 <br /> It may be necessary for an appraiser to call for additional details or clarification. Thank youl <br /> 10111 111111111111111 Internal Assessor Use Only <br /> Acct.#(s): R24166 MTL: 072W29C 00900 Prop.Class: 707 Stat.Class: N17 <br /> Initial Sales Code: 15 Doc.Type: WD Doc.#: 42990439 Sale Date:111111111111111111111111111111 II1111IIII��IIIpIII�IIII 02/14/2020 <br /> ID C code In CAMA El scanned to CAMA <br />