NOT LISTED FOR SALE

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

Estimated Value: $602,000 - $653,000

10 Beds
6 Baths
-- Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: December 21, 2016

Last sale price $414,000

Est. 52% increase in value since last sale

Current estimated payment $3,808 / mo

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 Agent to Sell the Property

Pamela Sheldon

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

Last Buyer's Agent

Bobbie Lancaster

RE/MAX Integrity License #780800253

RE/MAX Integrity

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

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Schools

  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 11,761 Sq Ft 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

0.27 Acres

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
  • Additional Features:Additional Features: Common Area
  • Flood:Flood: N/A
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 10

Exterior Features

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

Utilities

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

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4059.0
  • Tax Year: 2015

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Bought by
Current Estimated Value
$627,652

Purchase Details

Closed on
May 17, 2021
Sold by
Bought by

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
Bought by

Purchase Details

Listed on
Sep 20, 2016
Closed on
Dec 21, 2016
Sold by
Bought by
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
4.48%
Original Mortgage
$399,165
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2009
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Sep 27, 2005
Sold by
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$102,000 None Listed On Document
$585,833 First American
$505,000 Ticor Title Company Of Or
$414,000 Ticor Title Company Of Or
$260,000 Fidelity Natl Title Co Of Or
$285,000 Fa
-- Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $439,374
Previous Owner $399,165
Previous Owner $195,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,238 $384,970 -- --
2025 $5,114 $373,760 $63,930 $309,830
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: Oregon Datashare

MLS Number: 102969910

Oregon Datashare

APN: 10831537

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