$409,900
$40K PRICE DROP

4223 Merita Terrace Central Point, OR 97502

Estimated payment $2,449/month

Total Views 86,257
4 Beds
2 Baths
1,717 Sq Ft
$239 Price per Sq Ft

Highlights

  • Barn
  • Home fronts a pond
  • RV Garage
  • Horse Property
  • Second Garage
  • Pond View

About This Home

Investor Opportunity - Priced for Immediate Action! This property is a true diamond in the rough—hidden behind clutter and deferred maintenance, with clear built-in equity if cleaned and renovated. Currently in foreclosure, it offers a rare chance for resourceful investors with cash and resources necessary to capitalize on a promising 1+ac with 4-bed, 2-bath farmhouse on TWO parcels. Home includes an attached 2-car garage, large detached metal barn with room for 6+ vehicles, and smaller wood barn. The expansive land boasts open pasture, a pond, creek, garden beds, fruit trees, all near GI industrial/commercial zones with excellent freeway access (backs to freeway.) Although citations and back taxes exist, the property's potential for sweat equity and future value is immense. This is your opportunity to MAKE IT HAPPEN—clean up, upgrade, and unlock the true earning potential of this rural yet conveniently located estate. Act fast—property needs work but the rewards could be significant!

Listing Agent

Katherine 'Kat' Soditus

Real Estate Alliance & Lease License #201241981 Listed on: 06/03/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,601

Year Built

  • Built in 1989

Lot Details

  • 11.65 Acre Lot
  • Home fronts a pond
  • Dirt Road
  • Fenced
  • Native Plants
  • Level Lot
  • Additional Parcels
  • Property is zoned RR-5, RR-5

Parking

  • 6 Car Garage
  • Second Garage
  • Workshop in Garage
  • Driveway
  • RV Garage

Property Views

  • Pond
  • Mountain
  • Valley
  • Neighborhood

Home Design

  • 2-Story Property
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,717 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Patrick Elementary School
  • Hanby Middle School
  • Crater High School

Farming

  • Barn
  • Pasture

Mobile Home

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Foreclosure
  • Notice Of Default
  • Assessor Parcel Number 10189248

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,601

Year Built

Built in 1989

Lot Details

0

Parking

6

Listing Details

  • Architectural Style: Ranch
  • Directions: Blackwell to Tolo to Merita Terrace, home is on left side across from lumber mill
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 11.65
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Dirt
  • Subdivision Name: N/A
  • Year Built: 1989
  • Co List Office Phone: 541-502-9675
  • MLS Status: Active
  • General Property Information Elementary School: Patrick Elem
  • General Property Information Middle Or Junior School: Hanby Middle
  • General Property Information High School: Crater High
  • General Property Information:Zoning2: RR-5
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: Yes
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Water Source:Well: Yes
  • Flooring:Vinyl: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Barn(s): Yes
  • View:Valley: Yes
  • Other Structures RVBoat Storage2: Yes
  • Road Surface Type:Dirt: Yes
  • Other Structures Mobile Home: Yes
  • ViewPond: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028

Interior Features

  • Appliances: Oven, Range, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Walk-In Closet(s)
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Dining Room: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level, Native Plants, Pasture
  • Other Structures: Barn(s), Mobile Home, RV/Boat Storage, Second Garage, Shed(s), Workshop
  • Roof: Composition
  • View: Mountain(s), Neighborhood, Pond, Valley
  • Waterfront Features: Pond
  • Horse: Yes
  • Waterfront: Yes
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Rear Porch
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Native Plants: Yes
  • Lot Features:Pasture: Yes
  • Waterfront Features:Pond3: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features Covered: Yes
  • Patio and Porch Features Porch: Yes
  • Patio and Porch Features Rear Porch: Yes

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Attached, Detached, Driveway, RV Access/Parking, RV Garage, Storage, Workshop in Garage, Other
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 6.0
  • Parking Features:Detached: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:Workshop in Garage: Yes
  • Other Structures:Second Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: 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: Hanby Middle

Lot Info

  • Additional Parcels Description: 1-0188833
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 507474.0
  • Parcel #: 10189248
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-5

Tax Info

  • Tax Annual Amount: 3601.49
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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 $3,601 $295,400 $136,740 $158,660
2024 $3,601 $286,800 $146,920 $139,880
2023 $3,483 $278,450 $93,420 $185,030
2022 $3,417 $278,450 $93,420 $185,030
2021 $3,322 $270,340 $90,700 $179,640
2020 $3,227 $262,470 $88,060 $174,410
2019 $3,154 $247,410 $83,010 $164,400
2018 $3,059 $240,210 $80,590 $159,620
2017 $2,988 $240,210 $80,590 $159,620
2016 $2,903 $226,430 $75,970 $150,460
2015 $2,799 $226,430 $75,970 $150,460
2014 $2,448 $213,440 $71,600 $141,840
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2025 07/11/25 Price Changed $409,900 -8.9% $239 / Sq Ft
06/03/2025 06/03/25 For Sale $450,000 -- $262 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Katherine 'Kat' Soditus
Katherine 'Kat' Soditus

Real Estate Alliance & Lease

(541) 623-2909

Section Image

Kat has served the community through years of change and differing real estate markets. Through all these changes, Kat has remained loyal and steadfast, achieving unprecedented success through hard work and focused attention to detail & client needs. This caring, hard work and diligence has made Kat the Number 1 Overall Agent at House of Realty, surpassing sales records in both dollar volume and number of sales. A degree in Business Management is the foundation of her savvy negotiations and

View Katherine 'Kat''s Profile

Katherine 'Kat''s Other Listings

  • Unlisted Address

    $549,900

    • 3 Beds
    • 2 Baths
    • 2,040 Sq Ft

    10+/-ACRES - 60+/-GPM WELL - BACKS TO BLM - RV PAD. Beautifully, well-maintained home features premium finishes, modern amenities, and a spacious open floor plan, NEW SUNROOM addition! Property boasts a high-capacity 60+/- GPM well providing abundant water to the mostly level open pasture protected by forested elevation & end-of-road privacy. Backing to 100+/- acres of BLM land, offering

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

    Section Image
  • 545 Hodson Rd, Gold Hill, OR 97525

    $485,000

    • 3 Beds
    • 2 Baths
    • 2,378 Sq Ft
    • 545 Hodson Rd
    • Gold Hill, OR

    GOLDEN CHANCE IN GOLD HILL! Discover countryside bliss on 5 serene acres with not one, but TWO homes. The newer gem is a 1994 manufactured, offering modern comforts amid rustic charm. Plus, the vintage 1964 charmer—a cozy 2-bed, 1-bath —currently moonlights as a spacious storage haven. But wait, there's more! A collection of outbuildings awaits exploration, including a roomy shop, a COLOSSAL RV

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

    Section Image
  • 26691 Highway 62, Trail, OR 97541

    $210,000

    • 3 Beds
    • 2 Baths
    • 1,854 Sq Ft
    • 26691 Highway 62
    • Trail, OR

    ACREAGE, ''SHOP'' w/ADU POTENTIAL, CARPORT w/RV METER, WOW! Spacious 3bd/2ba manufactured home with covered porch on mostly level acreage. Split floor plan offers a primary suite with oversized soaking tub, dual vanities and a separate shower. Vaulted living spaces with ceiling fans; laundry room/mudroom. The wood framed workshop with glass slider may potentially convert to an ADU or additional

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

    Section Image
  • 4234 Placer Rd, Wolf Creek, OR 97497

    $119,000

    • Land
    • 7.35 Acres
    • $16,190 per Acre
    • 4234 Placer Rd
    • Wolf Creek, OR

    Priced to sell! Over 7.35 acres in Sunny Valley, zoned FC with seasonal creeka€”ideal for agriculture or future build. Already equipped with a well and septic, the site had a prior 580sf guest studio w/deck & storage shed (structure lost to house fire; mobile remaining on top bench). Stunning valley & mountain views, with excellent southern exposure for crops or recreation. Close to main road but

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

    Section Image
  • 198 Rossier Ln, Grants Pass, OR 97527

    $629,900 Pre-Foreclosure

    • 3 Beds
    • 2.5 Baths
    • 2,749 Sq Ft
    • 198 Rossier Ln
    • Grants Pass, OR

    Timeless Southern Oregon Beauty on Usable Acreage - Quality, Comfort & Charm! Quality-built and nestled on a peaceful parcel in Southern Oregon, this 3bd, 2.5ba home blends timeless construction with classic upgrades. Vaulted ceilings, large windows, and warm wood finishes create a welcoming interior, anchored by a cozy woodstove set on brick. Kitchen features solid wood cabinets, tile counters,

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

    Section Image
  • 274 Maureen Dr, Cave Junction, OR 97523

    $139,000 Pending

    • Land
    • 5.18 Acres
    • $26,834 per Acre
    • 274 Maureen Dr
    • Cave Junction, OR

    Sustainability? We get it! This level, fenced 5+ acre parcel at the end of a quiet cul-de-sac is an ideal location for your vision! This rural residential property features a strong, reliable well and an array of outbuildings ideal for farming, storage, or workshop space. The land's cleared, flat-to-rolling terrain supports immediate improvements, expansive gardening, or expanded development

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

    Section Image
  • 1156 Naue Way, O Brien, OR 97534

    $359,900

    • 3 Beds
    • 3 Baths
    • 2,170 Sq Ft
    • 1156 Naue Way
    • O Brien, OR

    Welcome through the wrought iron gate to a unique development opportunity on a level, fenced 5-acre parcel. Parcel features TWO rustic homes with knotty pine accents and exceptional potential. The ADU-type 1986 1bd/1ba home of appx 980sf has been recently remodeled. The primary 2bd/2ba home built in 1981 home is appx 1190sf. This home has also been remodeled - check out the new bathroom when you

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

    Section Image
  • 2098 Galls Creek Rd, Gold Hill, OR 97525

    $382,900 Sold Dec 09, 2024

    • 4 Beds
    • 1 Bath
    • 1,636 Sq Ft
    • 2098 Galls Creek Rd
    • Gold Hill, OR

    AFFORDABLE ACREAGE NEAR GALLS CREEK! This 4bd/1ba 1636sf+/- home on almost 1.5 acres is on the edge of 'golden' Galls Creek, located on a peaceful, mostly level parcel. Charming ranch-styled home with wood floors features is freshly remodeled with new appliances, granite counters, and tile upgrades. Did you notice...this is a remodeled FOUR BEDROOM HOME WITH NEW APPLIANCES & UPGRADES ON OVER ONE

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

  • 20430 Oregon 62, Shady Cove, OR 97539

    $169,900 Sold Jun 18, 2025

    • 3 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • 20430 Oregon 62
    • Shady Cove, OR

    WOW Factor! Almost an acre in Shady Cove with a cozy 3bd/2ba home. Open floor plan, dining area, great storage, roomy bedrooms with privacy floor plan - and country views! Carport with room for RV, meter at pole. Adorable garden enclaves - roses, Lemon Balm, Daffodils, garden paths, oversized deck - it's adorable! Shared well; walking distance to downtown area and Rogue River. (Not currently in

    Katherine 'Kat' Soditus Real Estate Alliance & Lease

Source: Oregon Datashare

MLS Number: 220203131

Oregon Datashare

APN: 10189248

Oregon Jackson County Central Point 97502

4223 Merita Terrace, Central Point, OR

For Sale

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
Katherine 'Kat' Soditus
Katherine 'Kat' Soditus
Listing Agent Section Image
Real Estate Alliance & Lease
(541) 623-2909