NOT LISTED FOR SALE

583 van Wey Cir Unit A-D Eagle Point, OR 97524

Estimated Value: $659,776 - $670,000

11 Beds
6 Baths
-- Sq Ft
0.31 Acres

Last Sold August 01, 2016

Last sale price $420,000

Est. 59% increase in value since last sale

Current estimated payment $4,156/month

13 Days on Market

About This Home

As of August 2016

Completely Renovated end of 2013 into Jan 2014. 4-Plex in desirable location. Downstairs units have 3 Bedrooms and 2 Full Baths each, upstairs units have 2 Bedrooms and 1 Full Bath. Easy to rent. Granite countertops, new flooring in 3 units, new interior doors in most, new sinks, new light fixtures, all new wood cabinet doors in kitchens, bathrooms, laundry areas, all new solid bifold doors in all apartments, etc. Every unit was repainted during renovation and exterior also. Huge community backyard. New decks on back of upstairs units. Must see to appreciate. Like New Condition.

Last Listed By

Pamela Sheldon

Invest Rite Realty Group, LLC License #200907138 Listed on: 05/11/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 1993

Lot Details

  • 0.31

Home Design

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

Schools

  • Eagle Rock Elementary School
  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 0.31 Acre Lot

Listing and Financial Details

  • Exclusions: Tenant Belongings
  • Assessor Parcel Number 10699508

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $39,180
  • Net Operating Income $28,063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,843

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: Take Hwy 62 to the WalMart intersection. Turn right on Lynn, take the next right on Lorraine, then the next left on Van Wey. It is the first 4 Plex on the left as you go into the cul-de-sac. The house next to it on the left is being renovated by a new owner.
  • Unit Levels: Two
  • Lot Size Acres: 0.31
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1993
  • Total Gross Income: 39180.0
  • Co List Office Phone: 541-973-9113
  • Outside Inclusions: 4 Fridges, 4 D/Ws, 3 Microwaves
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: 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 Belongings
  • Construction Materials:Frame: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 10699508
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 28063.0
  • Annual Operating Expense: 11117.0

Tax Info

  • Tax Annual Amount: 3842.84
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2021
Sold by
Graven Donald E and Graven Lani R
Bought by
Liquid Investments Group Llc
Total Days on Market
13
Current Estimated Value
$666,444

Purchase Details

Closed on
Dec 5, 2019
Sold by
Eads Investments Llc
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
$371,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 29, 2016
Sold by
583 Van Wey Llc
Bought by
Eads Investments Llc
Seller's Agent
Pamela Sheldon
Invest Rite Realty Group, LLC
Buyer's Agent
Ron Burgess
RE/MAX Integrity
List Price
$449,000
Sold Price
$420,000
Premium/Discount to List
-$29,000
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Sep 19, 2014
Sold by
Sheldon Bill J and Sheldon Pamela G
Bought by
583 Van Wey Llc

Purchase Details

Closed on
Oct 15, 2013
Sold by
Wimmer Investments Llc
Bought by
Sheldon Bill

Purchase Details

Closed on
Sep 26, 2013
Sold by
Mooney John Michael
Bought by
Wimmer Investment Llc

Purchase Details

Closed on
Mar 31, 1998
Sold by
Street David L
Bought by
Mooney John Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
10.5%

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 Investments Group Llc -- None Available
Graven Donald E $495,000 Ticor Title Company Of Or
Eads Investments Llc $420,000 Ticor Title Company Of Or
583 Van Wey Llc -- None Available
Sheldon Bill J -- None Available
Sheldon Bill -- Accommodation
Wimmer Investment Llc $220,001 Accommodation
Mooney John Michael $236,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graven Donald E $371,250
Previous Owner Sheldon Bill $165,000
Previous Owner Mooney John Michael $4,800
Previous Owner Mooney John Michael $334,800
Previous Owner Mooney John Michael $177,000
Closed Mooney John Michael $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $420,000 -6.5% --
05/24/2016 05/24/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $449,000 -- --
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 $5,526 $392,070 $82,850 $309,220
2023 $5,338 $380,660 $80,440 $300,220
2022 $5,193 $380,660 $80,440 $300,220
2021 $5,039 $369,580 $78,090 $291,490
2020 $5,353 $358,820 $75,810 $283,010
2019 $5,271 $338,230 $71,460 $266,770
2018 $5,171 $328,380 $69,380 $259,000
2017 $5,044 $328,380 $69,380 $259,000
2016 $4,765 $309,540 $65,410 $244,130
2015 $3,962 $253,800 $53,600 $200,200
2014 $3,881 $252,940 $52,060 $200,880
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Pamela Sheldon

    Invest Rite Realty Group, LLC

  • Ron Burgess

    Buyer's Agent in 2016

    Ron Burgess

    RE/MAX

    (541) 301-4781

    5 Total Sales

    Ron Burgess
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Map

Source: Southern Oregon MLS

MLS Number: 102965210

Southern Oregon MLS

APN: 10699508

Oregon Jackson County Eagle Point 97524

583 van Wey Cir Unit A-D, Eagle Point, OR

Homes for Sale in Eagle Point, OR

This home is located at 583 van Wey Cir Unit A-D, Eagle Point, OR 97524 since 11 May 2016 and is currently estimated at $666,444. This property was built in 1993. 583 van Wey Cir Unit A-D 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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