NOT LISTED FOR SALE

125 Lorraine Ave Eagle Point, OR 97524

Estimated Value: $131,000 - $520,000

0.34 Acre
$957,353 Price per Acre
14,810 Sq Ft Lot

Last Sold August 24, 2017

Last sale price $72,000

Est. 352% increase in value since last sale

Current estimated payment $1,784/month

126 Days on Market

About This Lot

As of August 2017

This is a large level multifamily R3 zoned lot. This is a great area to build rental units. There are a number of nice newer built 4plex units across the street and continuing into the cul-de-sac from this building lot. This lot sits at the corner of Lorraine and Van Wey with easy access for building. Great convenient location near bus lines, Wal-Mart, schools and downtown Eagle Point. Check with City of Eagle Point but preliminary conversations indicate a triplex and possibly more units can be built. City utilities are at the street. Well and a pump house are on the property and were previously used to water the lawn.

Last Agent to Sell the Property

Patricia Millen

John L. Scott Ashland Listed on: 02/14/2017

Last Buyer's Agent

J. Adam Bogle

eXp Realty, LLC License #200310250

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $753

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned R-3, R-3

Property Views

  • Territorial Views

Schools

  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Irrigation Water Rights
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 10209228

Property Details

Property Type

Land

Est. Annual Taxes

$753

Lot Details

0

Listing Details

  • Directions: Hwy 62 to right on Linn Road, Right on Lorraine to Van Wey.
  • Lot Size Acres: 0.34
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Co List Office Phone: 541-488-1311
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Eagle Point Middle
  • General Property Information High School: Eagle Point High
  • General Property Information:Zoning2: R-3
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Level
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes

Utilities

  • Water Source: Public
  • Utilities: Phone Available

Schools

  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 10209228
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 753.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Cullen/Beck Properties Llc
Bought by
Ct Properties Llc
Current Estimated Value
$325,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Outstanding Balance
$617,124
Interest Rate
7.03%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$291,624

Purchase Details

Listed on
Feb 14, 2017
Closed on
Aug 22, 2017
Sold by
Bloomberg Tracey
Bought by
Cullen/Beck Properties Llc
Seller's Agent
Patricia Millen
John L. Scott Ashland
Buyer's Agent
J. Adam Bogle
eXp Realty, LLC
List Price
$87,000
Sold Price
$72,000
Premium/Discount to List
-$15,000
-17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.12%
Original Mortgage
$54,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2017
Sold by
Brown Gregory Gene
Bought by
Brown Gregory Gene and Brown Ronald Ray
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ct Properties Llc -- First American Title
Cullen/Beck Properties Llc $72,000 Ticor Title Company Of Or
Brown Gregory Gene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ct Properties Llc $624,000
Previous Owner Cullen/Beck Properties Llc $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $72,000 -17.2% --
06/20/2017 06/20/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $87,000 -- --
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $821 $60,010 $60,000 $10
2024 $821 $58,270 $58,260 $10
2023 $793 $56,580 $56,570 $10
2022 $772 $56,580 $56,570 $10
2021 $749 $54,940 $54,930 $10
2020 $796 $53,340 $53,330 $10
2019 $784 $50,290 $50,280 $10
2018 $769 $48,830 $48,820 $10
2017 $750 $48,830 $48,820 $10
2016 $753 $47,160 $44,110 $3,050
2015 $729 $47,160 $44,110 $3,050
2014 $708 $44,460 $41,590 $2,870
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patricia Millen

    John L. Scott Ashland

  • J

    Buyer's Agent in 2017

    J. Adam Bogle

    eXp Realty, LLC

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102973392

Oregon Datashare

APN: 10209228

Oregon Jackson County Eagle Point 97524

125 Lorraine Ave, Eagle Point, OR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

Nearby Homes