NOT LISTED FOR SALE

4043 Merita Terrace Central Point, OR 97502

Estimated Value: $375,499 - $434,000

3 Beds
2 Baths
1,080 Sq Ft
$374/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $337,600 $313 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,435/month

11 Days on Market

Highlights

  • RV or Boat Parking
  • Mountain View
  • Traditional Architecture
  • Open Floorplan
  • Deck
  • Wood Flooring

About This Home

As of September 2021

Looking for a charming home on .5 of an acre with a country feel just minutes
from town? Here it is! Recent updates include new carpet in living room, laminate flooring and
updated guest bathroom. Spacious, open floor plan. There is plenty of room for your toys in the
oversized RV parking. Large backyard with endless potential. Don't miss out, schedule a
showing today!

Last Listed By

Macie Wespremi

John L. Scott Medford License #201235079 Listed on: 07/23/2021

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1992

Lot Details

  • 0.5 Acre Lot
  • Dirt Road
  • Property is zoned RR-5, RR-5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV or Boat Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Double Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Shed

Schools

  • Patrick Elementary School
  • Scenic Middle School
  • Crater High School

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heat Pump System
  • Heating System Uses Steam
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: W/D, RF's, deep freezer
  • Assessor Parcel Number 10189076

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,006

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Traditional
  • Directions: West on Blackwell Rd. Left on Tolo Rd. Right on Merita Terrace. Home will be on left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.5
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Dirt, Gravel
  • Subdivision Name: N/A
  • Year Built: 1992
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: DW, R/O
  • MLS Status: Closed
  • General Property Information:Zoning2: RR-5
  • General Property Information Senior Community YN: No
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Road Surface Type Gravel2: Yes
  • Water Source:Well: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures RVBoat Storage2: Yes
  • Road Surface Type:Dirt: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Hardwood, Laminate
  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Open Floorplan, Shower/Tub Combo
  • Window Features: Skylight(s), Wood Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: RV/Boat Storage, Shed(s), Other
  • Roof: Composition
  • View: Mountain(s)
  • Exclusions: W/D, RF's, deep freezer
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage Door Opener
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Hot Water, Wood
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Wood: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Patrick Elem
  • High School: Crater High
  • Middle Or Junior School: Scenic Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 10189076
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2006.26
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 3, 2021
Sold by
Wood Zachary
Bought by
Peyton Irina A and Peyton Dustin Dwayne
Seller's Agent
Macie Wespremi
John L. Scott Medford
Buyer's Agent
Skye Flora
John L. Scott Medford
List Price
$340,000
Sold Price
$337,600
Premium/Discount to List
-$2,400
-0.71%
Total Days on Market
11
Current Estimated Value
$403,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,900
Avg. Annual Appreciation
4.94%
Original Mortgage
$327,472
Outstanding Balance
$300,802
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$102,698

Purchase Details

Listed on
Jun 16, 2018
Closed on
Jul 27, 2018
Sold by
Kimball Casey and Copley Casey
Bought by
Wood Zachary
Seller's Agent
Barbara Thomas
RE/MAX Integrity Grants Pass
Buyer's Agent
Bob Martin
RE/MAX Integrity
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.94%
Original Mortgage
$218,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Gillaspie Jason J and Gillaspie Shelly A
Bought by
Copley Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,808
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Gillaspie Shelly and Gillaspie Jason J
Bought by
Gillaspie Jason J and Gillaspie Shelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
4.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 23, 2004
Sold by
Gillaspie Shelly
Bought by
Gillaspie Jason J and Gillaspie Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,702
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Bogle Rodney Dean and Bogle Georgia Lynn
Bought by
Gillaspie Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,702
Interest Rate
5.76%
Mortgage Type
New Conventional

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

Similar Homes in Central Point, OR

  • 332 N 2nd St, Central Point, OR 97502

    $409,000

    • 4 Beds
    • 2 Baths
    • 1,466 Sq Ft
    • 332 N 2nd St
    • Central Point, OR

    CUTE & DREAMY! This Pinterest-worthy, updated 4-bedroom, 2-bath home in Central Point blends style, good vibes, and perfect location! Just a 4-minute walk to Crater High School and a 6-minute stroll to Central Point's amazing downtown, the location is unbeatable. Prime location for the annual Fourth of July parade. Inside, enjoy tasteful finishes throughout this move-in ready home. The large

    Adam Rutledge eXp Realty, LLC

    Section Image
  • 2625 Devonshire Place, Central Point, OR 97502

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,640 Sq Ft
    • 2625 Devonshire Place
    • Central Point, OR

    Welcome to this charming and beautifully updated 3-bedroom, 2-bathroom home, where comfort and style blend seamlessly! Step inside to a warm and inviting living space, with high ceilings that give it an airy, open feel and large windows that fill the home with natural sunlight. Gather around the cozy fireplace, perfect for relaxing evenings. Enjoy recessed lighting throughout the home, with

    Sydney Shapiro eXp Realty, LLC

    Section Image
  • 828 Easy Way, Central Point, OR 97502

    $447,000

    • 3 Beds
    • 2 Baths
    • 1,643 Sq Ft
    • 828 Easy Way
    • Central Point, OR

    Amazing curb appeal with landscaping & palm trees on this quiet side street! Immediately available & packed with features, this 3/2 has a very comfortable 1643 square foot split floor plan with outstanding kitchen, high end appliances, heated slab granite counters, undermount sink, undercabinet lighting, pantry & solid oak hardwood floors in the kitchen & dining room. Primary suite has a vaulted

    John Ford Ford Real Estate

    Section Image
  • 6220 Shady Brook Dr, Central Point, OR 97502

    $449,000

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 6220 Shady Brook Dr
    • Central Point, OR

    This view property with flat level acreage is perfect for the equestrian or hobby farmer. The charming ranch-style home is oriented towards the back of the property offering privacy and a functional open floor plan. Enjoy abundant natural light through walls of windows and south-facing bedrooms that capture the morning sun. Outside, the 5-acre level property features a 4-stall barn with a 1,335

    Sandy Brown Windermere Van Vleet Jacksonville

    Section Image
  • 5045 Crestwood Ave, Central Point, OR 97502

    $475,000

    • 4 Beds
    • 2 Baths
    • 2,198 Sq Ft
    • 5045 Crestwood Ave
    • Central Point, OR

    Single-level living with room to spread out! This 4-bedroom, nearly 2,200 sq ft home features a sunken living room filled with natural light, a dining area, and an updated kitchen that opens to a cozy family room with a fireplace and wet bar. Sitting on over a third of an acre, the backyard is built for enjoying life—complete with a chicken coop, garden beds, grapes, wisteria, and a permitted 384

    Ellie George Home Quest Realty

    Section Image
  • 5366 Teresa Way, Central Point, OR 97502

    $429,500

    • 4 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 5366 Teresa Way
    • Central Point, OR

    Sweeping Mt. McLoughlin views and an acre to call your own! This charming 4-bedroom, 2-bathroom home offers a comfortable 1,344 square feet of living space and was built in 1972. It features a cozy fireplace and offers peaceful outdoor living—perfect for relaxing or entertaining. The property includes a blacktop driveway, paved parking, and an attached 2-car garage. Additional amenities include

    Mike Malepsy Windermere Trails End R.E.

    Section Image
  • 4055 Rock Way, Central Point, OR 97502

    $439,500

    • 3 Beds
    • 2 Baths
    • 1,885 Sq Ft
    • 4055 Rock Way
    • Central Point, OR

    This is a beautifully updated, single level home in a great Central Point neighborhood. There are three bedrooms, two bathrooms, with 1885 square feet, new laminate flooring throughout, updated vinyl windows, new bedroom doors, and new closet doors. The Asian Artistic inspired style is charming, complete with red Japanese Torii archway in the backyard, clipped bonsai trees in the yard, ornamental

    Jo Heim John L. Scott Medford

    Section Image
  • 369 Cascade Dr, Central Point, OR 97502

    $379,999

    • 3 Beds
    • 2 Baths
    • 1,502 Sq Ft
    • 369 Cascade Dr
    • Central Point, OR

    Welcome to this low-maintenance single-story gem designed for comfort and convenience! A spacious covered front porch welcomes you, perfect for morning coffee or evening relaxation. Inside, beautiful laminate plank flooring flows through most of the light-filled, open floorplan. The kitchen shines with ample cupboard space, seamlessly connecting to the living and dining areas—ideal for

    Tyler Boening eXp Realty, LLC

    Section Image
  • 1128 Boulder Ridge St, Central Point, OR 97502

    $430,000

    • 2 Beds
    • 2 Baths
    • 1,408 Sq Ft
    • 1128 Boulder Ridge St
    • Central Point, OR

    Lifelong Housing certified, energy efficient Earth Advantage certified PLATINUM single level rowhome in Twin Creeks, built by WL Moore Construction, in a SWEET location. Single Level, split bedroom plan, packed w/amenities and designed for EZ care lifestyle. Laminate floors thru-out living areas and hallways. Coffered Living Room w/ceiling Fan. Spacious Dining area w/french door to patio. Large

    Amy Moore Twin Creeks Real Estate, Inc.

    Section Image
See All Homes in Central Point

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
Peyton Irina A $337,600 First American Title
Wood Zachary $225,000 Ticor Title
Copley Casey $105,000 Ticor Title Company Oregon
Gillaspie Jason J -- Lawyers Title Insurance Corp
Gillaspie Jason J -- --
Gillaspie Shelly $164,950 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peyton Irina A $327,472
Previous Owner Wood Zachary $218,250
Previous Owner Copley Casey $108,808
Previous Owner Gillaspie Jason J $35,250
Previous Owner Gillaspie Jason J $188,000
Previous Owner Gillaspie Jason J $22,500
Previous Owner Gillaspie Jason J $157,600
Previous Owner Gillaspie Shelly $156,702
Previous Owner Bogle Rodney Dean $102,444
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $337,600 -0.7% $313 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $340,000 +51.1% $315 / Sq Ft
07/31/2018 07/31/18 Sold $225,000 +2.3% $208 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $219,900 -- $204 / Sq Ft
Source: Southern Oregon MLS

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
2024 $2,240 $176,020 $52,270 $123,750
2023 $2,167 $170,900 $50,750 $120,150
2022 $2,123 $170,900 $50,750 $120,150
2021 $2,065 $165,930 $49,270 $116,660
2020 $2,006 $161,100 $47,830 $113,270
2019 $1,962 $151,860 $45,080 $106,780
2018 $1,903 $147,440 $43,770 $103,670
2017 $1,860 $147,440 $43,770 $103,670
2016 $1,807 $138,990 $41,250 $97,740
2015 $1,744 $138,990 $41,250 $97,740
2014 $1,703 $131,020 $38,890 $92,130
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Macie Wespremi

    John L. Scott Medford

    (541) 499-9942

    59 Total Sales

    Macie Wespremi
    Section Image
  • Skye Flora

    Buyer's Agent in 2021

    Skye Flora

    John L. Scott Medford

    (541) 301-6614

    124 Total Sales

    Skye Flora
    Section Image

  • B

    Seller's Agent in 2018

    Barbara Thomas

    RE/MAX

  • Bob Martin

    Buyer's Agent in 2018

    Bob Martin

    RE/MAX

    (541) 618-5339

    60 Total Sales

    Bob Martin
    Section Image
See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 220127958

Southern Oregon MLS

APN: 10189076

Oregon Jackson County Central Point 97502

4043 Merita Terrace, Central Point, OR

Homes for Sale in Central Point, OR

This home is located at 4043 Merita Terrace, Central Point, OR 97502 since 23 July 2021 and is currently estimated at $403,500, approximately $373 per square foot. This property was built in 1992. 4043 Merita Terrace is a home located in Jackson County with nearby schools including Patrick Elementary School, Scenic Middle School, and Crater High School.

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.

Southern Oregon MLS © 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