Bought with Non Rmls Broker
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London RD Cottage Grove, OR 97424
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Key Details
Sold Price $1,301,000
Property Type Vacant Land
Sub Type Farm Forest
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22196834
Sold Date 08/15/22
HOA Y/N No
Annual Tax Amount $582
Tax Year 2021
Lot Size 144.140 Acres
Property Sub-Type Farm Forest
Property Description
This prime piece of timber investment property is being offered in a SEALED BID AUCTION. Exceptionally well-managed 30yr Doug-fir was comm. thinned in 2018/2019 prior to significant slowing of radial growth. Current bio-growth est to be +/- 9%. Value growth % is even greater. Stand is poised for continued rapid growth and good site utilization. Main roads are rocked. Gated. May 2022 timber cruise is available. Gentle slopes and proximity to Cottage Lake make this an excellent rec property.
Location
State OR
County Lane
Area _235
Zoning F2
Exterior
Fence None
Utilities Available None
Waterfront Description Creek
View Y/N true
View Territorial, Trees Woods
Garage No
Building
Lot Description Reproduced Timber, Trees, Wooded
Schools
Elementary Schools London
Middle Schools Lincoln
High Schools Cottage Grove
Others
Acceptable Financing Cash, Conventional, FarmCreditService
Listing Terms Cash, Conventional, FarmCreditService
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