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•7 Marion County <br /> -'_�- OREGON <br /> _ ASSESSOR'S OFFICE PO BOX 14500 <br /> SALEM,OR 97309 <br /> = r:ELVED <br /> Regarding the recent transaction involving property located at: 575 TRADE ST SE, UNIT C-1 <br /> 072019 <br /> SALEM, OR 97301 <br /> Dear Buyer: i;: , COUNTY <br /> ;JSESSOR <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 - ).a v <br /> 2. Date sales price was agreed upon• 1 ( / g / 201 <br /> 3. Was an appraisal completed? [ ] no yes, appraised value: $ "I -2-5., 000 <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 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 /> Ijno [ ]yes; please state nature and amount: <br /> 7. Did the seller provide any financing in conjunction with this transaction? <br /> 'ho [ '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 [ ]no, not on open market [ ]do not know <br /> Please continue other side <br /> Internal Assessor Use Only <br /> Acct. #(s): R345499 MTL: 073W27AB80002 Prop. Class: 202 Stat. Class: S3OZ <br /> Initial Sales Code: 03 Doc. Type: WD Doc.#: 41450323 Sale Date: 11/30/2018 <br /> ❑ C code in CAMA ❑ scanned to CAMA 11110111101011111101111110[1[00# 1111114[1111111111101011011311=101111 <br />