$137,900
SOLD MAR 20, 2015

4101 Merita Terrace Central Point, OR 97502

3 Beds
1 Bath
1,008 Sq Ft
1.98 Acres

Recently Sold

$137 Per Sq Ft

1% Below List Price

11 Days on Market

Highlights

  • Home fronts a creek
  • Ranch Style House
  • No HOA
  • Mountain View
  • <<bathWSpaHydroMassageTubToken>>
  • Double Pane Windows

About This Home

As of October 2023

The possibilities are endless, remodel work has been started to include custom cabinets in the kitchen that need to be finished, nice tile work in the bathroom with a jetted tub and tile shower. Easy care laminate floors, updated vinyl windows plus a 336 sq. ft. bonus room not included in the 1008 sq. ft. Buyer to do their own due diligence for additional square feet. All this on just under two flat acres with a seasonal creek and pond close to town.

Last Agent to Sell the Property

David Myers

Realty Services Team Brokerage Email: trista@myersteamreo.com License #851100087 Listed on: 12/30/2014

Co-Listed By

Marilyn Myers

Realty Services Team Brokerage Email: trista@myersteamreo.com License #970300147

Last Buyer's Agent

Evan McArthur

Home Quest Realty License #200311139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,574

Year Built

  • Built in 1973

Lot Details

  • 1.98 Acre Lot
  • Home fronts a creek
  • Fenced
  • Level Lot
  • Property is zoned RR-5, RR-5

Parking

  • No Garage

Property Views

  • Mountain
  • Territorial

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,008 Sq Ft Home
  • Double Pane Windows

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • <<bathWSpaHydroMassageTubToken>>

Schools

  • Scenic Middle School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10189092

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,574

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Blackwell Rd, left on Tolo Rd. to right on Merita Terrace
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 1.98
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 1973
  • Attribution Contact: trista@myersteamreo.com
  • Co List Office Mls Id: orRST
  • Co List Office Phone: 541-499-6402
  • Co List Office Phone: 541-499-6402
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Scenic Middle
  • General Property Information:Zoning2: RR-5
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Waterfront Features Creek2: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Jetted Tub, Primary Downstairs
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Jetted Tub: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Mountain(s), Territorial
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Scenic Middle

Lot Info

  • Lot Size Sq Ft: 86248.8
  • Parcel #: 10189092
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1573.98
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Oct 2, 2023
Sold by
Burrill Pamela Renee
Bought by
Gebhard Rhonda Michelle
Seller's Agent
Colby Kielman
Oregon Opportunities Real Estate
Buyer's Agent
Colby Kielman
Oregon Opportunities Real Estate
List Price
$365,000
Sold Price
$353,800
Premium/Discount to List
-$11,200
-3.07%
Views
22
Current Estimated Value
$388,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,329
Avg. Annual Appreciation
1.57%
Original Mortgage
$318,420
Outstanding Balance
$312,994
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$50,823

Purchase Details

Listed on
Dec 30, 2014
Closed on
Feb 13, 2015
Sold by
U S Bank Trust Na
Bought by
Burrill Pamela R
Seller's Agent
David Myers
Realty Services Team
Buyer's Agent
Evan McArthur
Home Quest Realty
List Price
$139,900
Sold Price
$137,900
Premium/Discount to List
-$2,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$144,084
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2014
Sold by
Hanes Laura N and Amerihome Mortgage Corporation
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,084
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 7, 2012
Closed on
Jun 12, 2012
Sold by
Doyle Victoria Lynn and Doyle William
Bought by
Hanes Laura N
Seller's Agent
Douglas Morse
John L. Scott Medford
Buyer's Agent
Don Dixon
eXp Realty, LLC
List Price
$115,000
Sold Price
$116,000
Premium/Discount to List
$1,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$113,898
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2005
Sold by
Doyle William J and Doyle Victoria L
Bought by
Doyle William James and Doyle Victoria Lynn

Purchase Details

Closed on
Feb 6, 2003
Sold by
Doyle William J and Doyle Victoria
Bought by
Doyle William J and Doyle Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.76%

Purchase Details

Closed on
Aug 28, 2002
Sold by
Credit Suisse First Boston Mtg Capital L
Bought by
Doyle William J and Doyle Victoria

Purchase Details

Closed on
Apr 17, 2002
Sold by
Watson Carol E and Watson John
Bought by
Nationscredit Home Equity Services Corp

Purchase Details

Closed on
Feb 20, 1998
Sold by
Dee Eunice
Bought by
Watson John and Watson Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.97%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $353,800 Ticor Title
Special Warranty Deed $137,900 Fidelity National Title Co
Trustee Deed $119,109 Nextitle
Warranty Deed $116,000 Ticor Title Company Oregon
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Lawyers Title Insurance Corp
Special Warranty Deed $80,900 --
Special Warranty Deed $80,900 First American Title
Trustee Deed $118,826 Key Title Company
Warranty Deed $82,500 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,420 New Conventional
Previous Owner $144,084 FHA
Previous Owner $113,898 FHA
Previous Owner $90,000 No Value Available
Previous Owner $77,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $353,800 -3.1% $351 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $365,000 +164.7% $362 / Sq Ft
03/20/2015 03/20/15 Sold $137,900 -1.4% $137 / Sq Ft
01/10/2015 01/10/15 Pending -- -- --
12/30/2014 12/30/14 For Sale $139,900 +20.6% $139 / Sq Ft
06/14/2012 06/14/12 Sold $116,000 +0.9% $86 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
02/27/2012 02/27/12 For Sale $115,000 -- $86 / Sq Ft
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 $2,068 $167,000 $86,180 $80,820
2024 $2,068 $162,140 $69,480 $92,660
2023 $2,001 $157,420 $67,460 $89,960
2022 $1,961 $157,420 $67,460 $89,960
2021 $1,907 $152,840 $65,500 $87,340
2020 $1,853 $148,390 $63,590 $84,800
2019 $1,812 $139,880 $59,950 $79,930
2018 $1,758 $135,810 $58,210 $77,600
2017 $1,718 $135,810 $58,210 $77,600
2016 $1,670 $128,020 $54,870 $73,150
2015 $1,611 $128,020 $54,870 $73,150
2014 -- $120,680 $51,730 $68,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102952321

Oregon Datashare

APN: 10189092