NOT LISTED FOR SALE

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

Estimated Value: $519,000 - $672,000

11 Beds
6 Baths
-- Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: August 1, 2016

Last sale price $420,000

Est. 47% increase in value since last sale

Current estimated payment $3,783 / mo

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 Agent to Sell the Property

Pamela Sheldon

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

Last Buyer's Agent

Ron Burgess

RE/MAX Integrity License #200601305

RE/MAX Integrity

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
  • 13,504 Sq Ft 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

0.31 Acres

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
  • Flood:Flood: N/A
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenant Belongings

Utilities

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

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

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
Mar 12, 2021
Sold by
Bought by
Current Estimated Value
$616,518

Purchase Details

Closed on
Dec 5, 2019
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
$371,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 29, 2016
Sold by
Bought by
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
3.96%

Purchase Details

Closed on
Sep 19, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2013
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 1998
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
$177,000
Interest Rate
10.5%
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
-- None Available
$495,000 Ticor Title Company Of Or
$420,000 Ticor Title Company Of Or
-- None Available
-- None Available
-- Accommodation
$220,001 Accommodation
$236,000 Crater Title Insurance
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 $371,250
Previous Owner $177,000
Closed $59,000
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
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: 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 $5,659 $415,940 -- --
2025 $5,526 $403,830 $85,340 $318,490
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

    Ron Burgess
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Map

Source: Oregon Datashare

MLS Number: 102965210

Oregon Datashare

APN: 10699508

Oregon Jackson County Eagle Point 97524

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

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