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Marion County <br /> OREGON <br /> MN ASSESSOR'S OFFICE PO BOX 14500 <br /> SALEM,OR 97309 <br /> Regarding the recent transaction involving property located at: 5660 COMMERCIAL ST SE <br /> SALEM,OR 97306 <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. `O <br /> 1. Total sales price $ 10,700,000 r`\�` <br /> 2. Date sales price was agreed upon• 05/20 / 2020 �- _ 41,1�`L1 <br /> % <br /> 3. Was an appraisal completed? [ ]no [ /yes,appraised value: $ 10,700,000 O 0 <br /> NG <br /> 4. Did this transaction involve any of the following? Please check all that apply. fit ‘,10SS <br /> [buyer&seller related personally or professionally [ ] partial interest conveyed [ ] buyer or seller a charitable P <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 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 you <br /> as the purchaser and included in the sale price listed above? <br /> Vno [ ]yes;please state nature and amount: <br /> 7. Did the seller provide any financing in conjunction with this transaction? <br /> [ o [ ]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. Was the property listed or advertised on the open market? <br /> [ ]yes,listed with broker; broker name: <br /> [ ]yes, but not listed with broker as far as you know [\,}ono,not on open market [ 1 do not know <br /> Please continue other side <br /> IIIIIIIIIIIIIVIIIII111111I11II111Illlllll Internal Assessor Use Only <br /> Acct.#(s): R329467 MTL: 083WI4CA01601 Prop.Class: 201 Stat.Class: S60 <br /> Initial Sales Code: 00 Doc.Type: WD Doc.#: 43430438 Sale Date: 06/11/2020 <br /> C code in CAMA scanned to CAMA IlIIVIIIIIIII11III111111111111III11IIIIIIIIII 111111111[611I11I1II11IIII11V1II1IgI1III11II111I <br />