NOT LISTED FOR SALE

550 van Wey Cir Eagle Point, OR 97524

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

10 Beds
6 Baths
3,824 Sq Ft
$164/Sq Ft Est. Value

Sale Details

Date Sold: May 20, 2021

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

Est. 7% increase in value since last sale

Current estimated payment $3,808 / mo

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

  • 11,761 Sq Ft 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

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

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

0.27 Acres

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
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Flooring: Carpet

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: 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

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4954.47
  • Tax Lot: 9228
  • Tax Year: 2020

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

Listed on
Mar 30, 2021
Closed on
May 17, 2021
Sold by
Bought by
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
1.35%
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
Bought by
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
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
$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 Prior Sale
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 View Prior Sale
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

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

  • 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

    20 Total Sales

    Jenna Hirning
    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

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