NOT LISTED FOR SALE

497 Merlee Cir Eagle Point, OR 97524

Estimated Value: $384,226 - $411,000

3 Beds
2.5 Baths
1,618 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $250,000 $155 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,440/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Walk-In Closet
  • Deck
  • 2 Car Attached Garage
  • Patio

About This Home

As of May 2017

Nice 2 story on corner lot. Walking distance to Eagle Point High School. All Bedrooms upstairs with unfinished bonus room above garage. Living room, formal dining room and separate breakfast nook downstairs for all to enjoy. Walk out back to your covered patio and listen to your water feature while the kids play in their custom playhouse.

Last Listed By

Diana Yates

Action Realty License #970100046 Listed on: 03/10/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1998

Lot Details

  • 7,841 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned R-2, R-2

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,618 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10887509

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,802

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Directions: Take Crater Lake Hwy toward Eagle Point. Turn Rt onto E Linn Rd. Turn Left onto S Buchanan Ave. Turn Rt onto Diane Way. Turn Lft onto Merlee Circle. 497 Merlee Circle, Eagle Point
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.18
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Co List Office Phone: 541-772-7782
  • MLS Status: Closed
  • General Property Information:Zoning2: R-2
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Walk-In Closet(s)
  • ResoLivingAreaSource: Assessor
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, RV Access/Parking
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10887509
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2802.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2023
Sold by
Spencer Richard A
Bought by
Spencer Richard A and Spencer Hanna J
Total Days on Market
9
Current Estimated Value
$399,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Outstanding Balance
$76,196
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$323,361

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 17, 2017
Sold by
Secretary Of Housing & Urban Development
Bought by
Spencer Richard A
Seller's Agent
Diana Yates
Action Realty
Buyer's Agent
Diana Yates
Action Realty
List Price
$237,000
Sold Price
$250,000
Premium/Discount to List
$13,000
5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$250,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 11, 2016
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 14, 2016
Sold by
Green Kelly and Raigosa Jodie
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 25, 2015
Sold by
Green Kelly and Raigosa Jodie
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Sep 16, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Green Kelly and Raigosa Jodie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,851
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2009
Sold by
Raber Travis and Raber Sandra
Bought by
Hsbc Bank Usa National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,851
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 1998
Sold by
Hanratty Patrick and Hanratty Construction
Bought by
Raber Travis and Raber Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,111
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 1998
Sold by
Hanratty Patrick
Bought by
Hanratty Patrick and Hanratty Construction

Purchase Details

Closed on
May 6, 1998
Sold by
Miller Dion H and Miller Minerva B
Bought by
Hanratty Patrick and Hanratty Construction

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 Buyer Sale Price Title Company
Spencer Richard A -- First American Title
Spencer Richard A $50,000 First American Title
Spencer Richard A $250,000 First American
Secretary Of Housing & Urban Development -- None Available
Flagstar Bank Fsb $196,000 None Available
Flagstar Bank Fsb $196,000 None Available
Green Kelly $199,500 Ticor Title
Hsbc Bank Usa National Association $160,987 Ticor Title
Raber Travis $115,000 Jackson County Title
Hanratty Patrick -- Jackson County Title
Hanratty Patrick $27,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Richard A $78,200
Previous Owner Spencer Richard A $267,300
Previous Owner Spencer Richard A $250,000
Previous Owner Green Kelly $194,851
Previous Owner Raber Travis $38,562
Previous Owner Raber Travis $275,000
Previous Owner Raber Travis $114,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $250,000 +5.5% $155 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $237,000 -- $146 / 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 $2,698 $222,110 $46,170 $175,940
2023 $2,607 $215,650 $44,830 $170,820
2022 $2,536 $215,650 $44,830 $170,820
2021 $2,461 $209,370 $43,530 $165,840
2020 $2,614 $203,280 $42,270 $161,010
2019 $2,574 $191,620 $39,840 $151,780
2018 $2,525 $186,040 $38,670 $147,370
2017 $2,463 $186,040 $38,670 $147,370
2016 $2,802 $175,370 $36,460 $138,910
2015 $2,705 $175,370 $36,460 $138,910
2014 $2,532 $165,030 $86,100 $78,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102973888

Southern Oregon MLS

APN: 10887509