Details for 2529 Coffee Lane NE St. Paul, OR 97137

Description: LOCATION: This property is located in Township 4 south, Range 3West, Section 25, tax lot 300. The physical address is 2529 Coffee Lane NE St. Paul, Oregon. 97137. This approximately 3 miles southwest of the City of St. Paul. In Marion County.

LAND: The land consists of 126.41 tax roll acres along the Willamette River. The property consists of upper bench property and lower flood plain separated by a steep escarpment. Both of the tillable parcels are level to slightly undulating. It has been estimated by a recent appraisal there are approximately 112 tillable acres.

IMPROVEMENTS: The subject is improved with a number of out buildings and a home. The most significant buildings are a large hop dryer (not in use), machine storage and livestock building. The Marion County Tax Assessors information indicates the home has 1,199 square feet of finished space total. 909 sq. ft. on the main level 290 sq. ft. finished attic and a 909 sq. ft. unfinished basement. The records also indicate the home was constructed in 1930. The home is currently occupied by a tenant that has resided here for 30+ years. The sellers have indicated Marion County Planning will allow an additional dwelling to be placed on the property.

SOILS: The National Resource Conservation Services website indicates the soils are 47% Capability Class II Woodburn and Amity silt loam; 38% Capability Class II Chehalis silty clay loam; 11% Terrace escarpment, with a small percentage of Wapato silty clay loam and Newberg fine sandy loam. It has been estimated by a recent appraisal there are approximately 112 tillable acres.

WATER RIGHTS: The Oregon Water Resource Department was consulted about the water rights certificates for the property. Two water rights certificates were located that are attributed to the property. Certificated # 14509 is for 28 acres with a priority date of July 18, 1940. Certificate# 27369 is for 61.7 acres with a priority date of October 5, 1955. Both of these rights are for 2.5 acres feet and the water is drawn from the Willamette River. The water is delivered from the river east across the property by a buried main line.

DOMESTIC WELL: The home is served by a domestic well. No well log was located on the OWRD website.

TAXES: $ 3,429 for the tax year 2017/18.

PRICE: $ 2,125,000. The sellers are a cash out transaction. Agricultural financing is available through a number of sources to qualified borrowers.

This is a very nice property with potential to raise a multitude of different crops. Farms in this area are very seldom for sale and this is a rare opportunity to own a very nice Willamette River front farm.

Bedrooms
Bathrooms
1,199 Square Feet
126.41 Acres

MLS ID: Coffee Lane Property
County: Marion
Neighborhood:
Year Built: 1930