NOT LISTED FOR SALE

594 van Wey Cir Eagle Point, OR 97524

Estimated Value: $621,000 - $724,000

10 Beds
6 Baths
3,886 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $419,655 $108 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,087/month

4 Days on Market

About This Home

As of August 2016

Nice well-maintained 4 plex in Eagle Point. Great location, close to shopping. Hard to find 3 bedroom units downstairs with 2 bedroom units upstairs. Laminate flooring in one unit. New carpet in 2 units. Almost all closet doors have been replaced with solid wood doors. Usually rented before previous tenant moves out. Owner is a licensed Realtor in the State of Oregon. Please do not disturb tenants.

Last Agent to Sell the Property

Pamela Sheldon

Invest Rite Realty Group, LLC License #200907138 Listed on: 07/10/2016

Last Buyer's Agent

Jake Rockwell

eXp Realty, LLC License #201207277

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,908

Year Built

  • Built in 1993

Lot Details

  • 9,583

Home Design

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

Interior Spaces

  • 2-Story Property

Schools

  • Eagle Point Middle School
  • Eagle Point High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 10831502

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $39,240
  • Net Operating Income $28,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,908

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: Hwy 62 to Eagle Point. Turn right at Walmart light, take next right on Lorraine, next left on Van Wey Circle. 4 Plex is brown one at far end of cul-de-sac.
  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1993
  • Total Gross Income: 39240.0
  • Co List Office Phone: 541-973-9113
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: Eagle Point Middle
  • General Property Information High School: Eagle Point High
  • 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
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • High School: Eagle Point High
  • Middle Or Junior School: Eagle Point Middle

Lot Info

  • Parcel #: 10831502
  • Zoning Description: R-3

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 28510.0
  • Annual Operating Expense: 10730.0

Tax Info

  • Tax Annual Amount: 3908.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2016
Closed on
Aug 11, 2016
Sold by
Van Wey Llc
Bought by
Hicks Glenn Christopher and Hicks Lisa Renee
Seller's Agent
Pamela Sheldon
Invest Rite Realty Group, LLC
Buyer's Agent
Jake Rockwell
eXp Realty, LLC
List Price
$430,000
Sold Price
$419,655
Premium/Discount to List
-$10,345
-2.41%
Current Estimated Value
$674,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,176
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Sep 24, 2013
Sold by
Sheldon Pamela G and Sheldon Bill J
Bought by
Van Wey Llc

Purchase Details

Closed on
Jun 12, 2013
Sold by
Sheldon Pamela Gale
Bought by
Sheldon Pamela G and Sheldon Bill J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2013
Sold by
Sheldon Pamela Gale and Hartley Robert E
Bought by
Sheldon Pamela Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
U S Bank National Association
Bought by
Hartley Pamela G and Hartley Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2010
Sold by
Burns Jack W and Burns Laura J
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 23, 2005
Sold by
Thornally Leland and Thornally Leonore D
Bought by
Burns Jack and Burns Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Hicks Glenn Christopher $419,655 Ticor Title Company Of Or
Van Wey Llc -- None Available
Sheldon Pamela G -- None Available
Sheldon Pamela Gale -- Ticor Title Company Oregon
Hartley Pamela G $229,250 Fidelity Natl Title Co Of Or
U S Bank National Association $249,600 Fa
Burns Jack -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheldon Pamela Gale $173,000
Previous Owner Hartley Pamela G $171,900
Previous Owner Burns Jack $281,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $419,655 -2.4% $108 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $430,000 -- $111 / 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 $5,000 $365,440 $54,500 $310,940
2024 $5,000 $354,800 $52,920 $301,880
2023 $4,831 $344,470 $51,380 $293,090
2022 $4,699 $344,470 $51,380 $293,090
2021 $4,560 $334,440 $49,890 $284,550
2020 $4,844 $324,700 $48,440 $276,260
2019 $4,770 $306,070 $45,650 $260,420
2018 $4,679 $297,160 $44,320 $252,840
2017 $4,564 $297,160 $44,320 $252,840
2016 $4,436 $280,110 $41,770 $238,340
2015 $3,908 $249,990 $40,490 $209,500
2014 -- $249,650 $39,320 $210,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102967463

Oregon Datashare

APN: 10831502