$94,000
SOLD JAN 9, 2015

501 Verde Ln Merlin, OR 97532

Merlin Neighborhood
2 Beds
1 Bath
1,248 Sq Ft
5.15 Acres

Recently Sold

$75 Per Sq Ft

14% Below List Price

40 Days on Market

Highlights

  • RV Access or Parking
  • Wooded Lot
  • Ranch Style House
  • 5.15 Acre Lot
  • Territorial View
  • No HOA

About This Home

As of May 2025

Pretty 5.15 Wooded Ac with well, septic, power, older house of little or no value. Double Detached Garage, dirt floor and no power. House needs extensive work, foundation, roof, too much to repair. It would give someone a place to camp if they wanted to build back in the trees behind existing structure. There is a working bathroom, small kitchen and a 110 wall heater. House has been winterized. Lock only the the dead bolt. To open front door lift up on door and push hard. Good sized well house with covered area to work on RVs. Assessed Market Value $114,930. CASH ONLY, AS IS only. 7 gpm Well when bail tested at time it was drilled. Well test 8-26-14 shows 2.7 average from Rogue Valley Pump Service. (Dave)

Last Agent to Sell the Property

Kathy Allison

Darrell L Allison Realtors License #780403352 Listed on: 11/21/2014

Last Buyer's Agent

Kathy Allison

Darrell L Allison Realtors License #780403352 Listed on: 11/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $757

Year Built

  • Built in 1971

Lot Details

  • 5.15 Acre Lot
  • Property fronts an easement
  • Level Lot
  • Wooded Lot
  • Property is zoned RR2.5, RR2.5

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,248 Sq Ft Home
  • Territorial Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Schools

  • Manzanita Elementary School
  • Fleming Middle School

Utilities

  • No Cooling
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R303128

Home Details

Home Type

Single Family

Est. Annual Taxes

$757

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch, Other
  • Directions: Take Merlin Rd or Monument to Pleasant Valley. North on Russell Rd, left on Verde to end of road.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 5.15
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Easement
  • Year Built: 1971
  • Co List Office Phone: 541-474-5555
  • MLS Status: Closed
  • General Property Information Elementary School: Manzanita Elem
  • General Property Information Middle Or Junior School: Fleming Middle
  • General Property Information:Zoning2: RR2.5
  • View Territorial: Yes
  • Architectural Style Ranch: Yes
  • Foundation Details Block2: Yes
  • Foundation Details PillarPostPier: Yes
  • Levels:One: Yes
  • Other Structures:Shed(s): Yes
  • Water Source:Well: Yes
  • Road Frontage Type:Easement: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Block, Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Level, Wooded
  • Other Structures: Shed(s)
  • View: Territorial
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Detached, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Detached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: None
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Manzanita Elem
  • Middle Or Junior School: Fleming Middle

Lot Info

  • Lot Size Sq Ft: 224334.0
  • Parcel #: R303128
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR2.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 756.95
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2025
Closed on
May 1, 2025
Sold by
Matusik Lawrence George
Bought by
Udell Josh and Udell Tiffany
Seller's Agent
Andy Fontes
eXp Realty, LLC
Buyer's Agent
Andy Fontes
eXp Realty, LLC
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%
Views
111
Current Estimated Value
$278,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,254
Avg. Annual Appreciation
33.76%

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jan 8, 2015
Sold by
Vermeer Harold and Vermeer Lois
Bought by
Matusik Lawrence G
Seller's Agent
Kathy Allison
Darrell L Allison Realtors
Buyer's Agent
Kathy Allison
Darrell L Allison Realtors
List Price
$109,000
Sold Price
$94,000
Premium/Discount to List
-$15,000
-13.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$59,000
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Warranty Deed $255,000 First American Title
Warranty Deed $94,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $59,000 New Conventional
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $255,000 0.0% $204 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $255,000 -3.8% $204 / Sq Ft
02/08/2025 02/08/25 For Sale $265,000 +181.9% $212 / Sq Ft
01/09/2015 01/09/15 Sold $94,000 -13.8% $75 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $109,000 -- $87 / 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
2024 $1,699 $225,080 -- --
2023 $1,394 $218,530 $0 $0
2022 $1,406 $212,170 -- --
2021 $1,319 $205,990 $0 $0
2020 $963 $137,190 $0 $0
2019 $926 $133,200 $0 $0
2018 $940 $129,330 $0 $0
2017 $940 $125,570 $0 $0
2016 $802 $121,920 $0 $0
2015 $776 $118,370 $0 $0
2014 $757 $114,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2025

    Andy Fontes

    eXp Realty, LLC

    (541) 660-5726

    2 in this area

    7 Total Sales

    Andy Fontes
    Section Image

  • K

    Seller's Agent in 2015

    Kathy Allison

    Darrell L Allison Realtors

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102951812

Oregon Datashare

APN: R303128

Oregon Josephine County Merlin 97532 Merlin

501 Verde Ln, Merlin, OR

This home is located at 501 Verde Ln, Merlin, OR 97532 and is currently priced at $94,000, approximately $75 per square foot. This property was built in 1971. 501 Verde Ln is a home located in Josephine County with nearby schools including Manzanita Elementary School, Fleming Middle School, and North Valley 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.

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