NOT LISTED FOR SALE

550 van Wey Cir Unit 1-4 Eagle Point, OR 97524

Estimated Value: $623,153 - $668,000

10 Beds
6 Baths
-- Sq Ft
0.27 Acres

Last Sold December 21, 2016

Last sale price $414,000

Est. 55% increase in value since last sale

Current estimated payment $3,988/month

34 Days on Market

About This Home

As of December 2016

Very nice 4 Plex in Eagle Point. Long term tenants. Granite countertops in one unit. Downstairs units have 3 bedrooms, 2 baths, upstairs have 2 bedrooms 1 bath. Heat pumps for heating and cooling efficiency.

Last Listed By

Pamela Sheldon

Invest Rite Realty Group, LLC License #200907138 Listed on: 09/20/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,059

Year Built

  • Built in 1993

Lot Details

  • 0.27

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 0.27 Acre Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Assessor Parcel Number 10831537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,059

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: Hwy 62 to light at Walmart. Right on Lynn Road, next right on Lorraine, next left on Van Wey Circle. Brown 4 Plex on right just before cul-de-sac.
  • Unit Levels: Two
  • Lot Size Acres: 0.27
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1993
  • Co List Office Phone: 541-973-9113
  • Outside Inclusions: 4 Fridges, 4 Range/Ovens, 1 Microwave
  • MLS Status: Closed
  • General Property Information:Zoning2: R-4
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenant's personal property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 10831537
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4059.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Graven Donald E
Bought by
Liquid Investment Group Llc
Total Days on Market
34
Current Estimated Value
$642,538

Purchase Details

Closed on
May 17, 2021
Sold by
Caird Sharon L and The Caird Family Revocable Tru
Bought by
Graven Donald E and Graven Lani R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,374
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Cervantes Armando Enciso and Encisco Lisandra N
Bought by
Caird Michael and Caird Sharon L

Purchase Details

Listed on
Sep 20, 2016
Closed on
Dec 21, 2016
Sold by
Heacock John L and Heacock Lynne S
Bought by
Cervantes Armando Enciso and Enciso Lisandra N
Seller's Agent
Pamela Sheldon
Invest Rite Realty Group, LLC
Buyer's Agent
Bobbie Lancaster
RE/MAX Integrity
List Price
$430,000
Sold Price
$414,000
Premium/Discount to List
-$16,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$399,165
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2009
Sold by
Us Bank National Association
Bought by
Heacock John L and Heacock Lynne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2009
Sold by
Burns Jack W and Burns Laura J
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 27, 2005
Sold by
Thornally Lee F and Thornally Leonore
Bought by
Burns Jack W and Burns Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

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
Liquid Investment Group Llc $102,000 None Listed On Document
Graven Donald E $585,833 First American
Caird Michael $505,000 Ticor Title Company Of Or
Cervantes Armando Enciso $414,000 Ticor Title Company Of Or
Heacock John L $260,000 Fidelity Natl Title Co Of Or
Us Bank National Association $285,000 Fa
Burns Jack W -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graven Donald E $439,374
Previous Owner Cervantes Armando Enciso $399,165
Previous Owner Heacock John L $195,000
Previous Owner Burns Jack W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2016 12/21/16 Sold $414,000 -3.7% --
10/24/2016 10/24/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $430,000 -- --
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 $5,114 $362,880 $62,070 $300,810
2023 $4,941 $352,320 $60,250 $292,070
2022 $4,806 $352,320 $60,250 $292,070
2021 $4,664 $342,060 $58,490 $283,570
2020 $4,954 $332,100 $56,790 $275,310
2019 $4,879 $313,040 $53,530 $259,510
2018 $4,786 $303,930 $51,970 $251,960
2017 $4,668 $303,930 $51,970 $251,960
2016 $4,563 $286,490 $48,980 $237,510
2015 $4,059 $259,880 $52,250 $207,630
2014 $3,914 $255,080 $45,360 $209,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102969910

Southern Oregon MLS

APN: 10831537