NOT LISTED FOR SALE

550 van Wey Cir Eagle Point, OR 97524

Estimated Value: $599,000 - $688,000

10 Beds
6 Baths
3,824 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $585,833 $153 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,801/month

4 Days on Market

Highlights

  • No HOA
  • Carpet
  • Heat Pump System
  • Cooling Available

About This Home

As of May 2021

Nice well maintained investment opportunity with this large 4-plex in a great location of Eagle Point, Oregon. All units have good rents and are currently rented with month to month tenants. The lower units offer 3 bed, 2 baths and an outside patio. The upper units offer 2 bed, 1 bath with a balcony. Each unit has their own laundry and a parking space along with street parking. Located close to shopping and restaurants. You don't want to miss out on this opportunity!! 3bed units currently rented at $1095, 1 2bed is rented at $950 and the other 2 bed is rented at $835.

Last Agent to Sell the Property

Stacy Ballard

Evimero Realty Southern Oregon LLC License #201211373 Listed on: 03/30/2021

Co-Listed By

Kristopher Ballard

Evimero Realty Southern Oregon LLC License #201226868

Last Buyer's Agent

Jenna Hirning

Pure Real Estate License #201225388

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,954

Year Built

  • Built in 1993

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 2-Story Property
  • Carpet

Schools

  • Hillside Elementary School
  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tax Lot 9228
  • Assessor Parcel Number 1-0831537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,954

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: Hwy 62 to Lynn, right on Lorraine then left on Van Wey.
  • Unit Levels: Two
  • Lot Size Acres: 0.27
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Subdivision Name: N/A
  • Year Built: 1993
  • Co List Office Mls Id: orER
  • Co List Office Phone: 541-521-3647
  • Co List Office Phone: 541-521-3647
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Hillside Elem
  • General Property Information Middle Or Junior School: Eagle Point Middle
  • General Property Information High School: Eagle Point High
  • General Property Information:Zoning2: R-4
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 9228
  • General Property Information New Construction YN: No
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Hillside Elem
  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: 1-0831537
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4954.47
  • Tax Lot: 9228
  • Tax Map Number: 361W03BD
  • Tax Year: 2020

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
Current Estimated Value
$638,937

Purchase Details

Listed on
Mar 30, 2021
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
Seller's Agent
Stacy Ballard
Evimero Realty Southern Oregon LLC
Buyer's Agent
Jenna Hirning
Pure Real Estate
List Price
$575,000
Sold Price
$585,833
Premium/Discount to List
$10,833
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$439,374
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2018
Closed on
May 7, 2019
Sold by
Cervantes Armando Enciso and Encisco Lisandra N
Bought by
Caird Michael and Caird Sharon L
Seller's Agent
Armando and Lis Enciso
i5 Real Estate
Buyer's Agent
Stacy Ballard
Evimero Realty Southern Oregon LLC
List Price
$560,000
Sold Price
$505,000
Premium/Discount to List
-$55,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%

Purchase Details

Closed on
Dec 21, 2016
Sold by
Heacock John L and Heacock Lynne S
Bought by
Cervantes Armando Enciso and Enciso Lisandra N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Source: Public Records

Range of Values:

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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

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
05/20/2021 05/20/21 Sold $585,833 +1.9% $153 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $575,000 +13.9% $150 / Sq Ft
05/08/2019 05/08/19 Sold $505,000 -9.8% $132 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $560,000 -- $146 / 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
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

  • S

    Seller's Agent in 2021

    Stacy Ballard

    Evimero Realty Southern Oregon LLC

    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kristopher Ballard

    Evimero Realty Southern Oregon LLC

  • J

    Buyer's Agent in 2021

    Jenna Hirning

    Pure Real Estate

    (541) 292-6848

    1 in this area

    17 Total Sales

    Jenna Hirning
    Section Image

  • A

    Seller's Agent in 2019

    Armando and Lis Enciso

    i5 Real Estate

    (541) 973-1515

    8 in this area

    113 Total Sales

    Armando and Lis Enciso
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lisandra Palomino

    i5 Real Estate

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220119281

Oregon Datashare

APN: 10831537

Oregon Jackson County Eagle Point 97524

550 van Wey Cir, Eagle Point, OR

This home is located at 550 van Wey Cir, Eagle Point, OR 97524 since 30 March 2021 and is currently estimated at $638,937, approximately $167 per square foot. This property was built in 1993. 550 van Wey Cir is a home located in Jackson County with nearby schools including Eagle Point Middle School, White Mountain Middle School, and Eagle Point High School.

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