NOT LISTED FOR SALE

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

Estimated Value: $505,980 - $617,000

9 Beds
5 Baths
3,664 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $410,000 $112 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,415/month

84 Days on Market

Highlights

  • 2-Story Property
  • Attached Garage
  • Tile Flooring
  • No HOA
  • Cooling Available
  • Forced Air Heating System

About This Home

As of September 2020

Wonderful investment opportunity with this large 4-plex in a great location! All units are currently rented with long term tenants. Spacious family rooms. Kitchen have lots of cabinet space. The bottom units have there own patios out back, the top 2 units have balcony's. Plenty of parking. You don't want to miss out on this opportunity!! All showings are subject to the States COVID-19 orders, recommendations, guidance and all CDC and local health mandates and/or guidance regarding listing showings

Last Listed By

Jordan Anderson

eXp Realty, LLC License #201217966 Listed on: 07/09/2020

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1993

Lot Details

  • 9,583 Sq Ft Lot
  • No Common Walls

Home Design

  • Quadruplex
  • 2-Story Property
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10831497

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: Hwy 62 to E. Linn Rd, E. Linn Rd to Lorraine Ave, Lorraine Ave to Van Wey Cir
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Subdivision Name: N/A
  • Year Built: 1993
  • Total Gross Income: 30000.0
  • Co List Office Mls Id: orKWR
  • Co List Office Phone: 541-608-0447
  • Co List Office Phone: 541-608-0447
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-4
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Personal Property
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, Driveway, On Street
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: 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: 9583.2
  • Parcel #: 10831497
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4571.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 29, 2020
Sold by
Mcmann Kevin and Townes Mcmann Katie
Bought by
597Vanwey Llc
Seller's Agent
Jordan Anderson
eXp Realty, LLC
Buyer's Agent
Jordan Anderson
eXp Realty, LLC
List Price
$469,900
Sold Price
$410,000
Premium/Discount to List
-$59,900
-12.75%
Total Days on Market
84
Current Estimated Value
$543,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,993
Avg. Annual Appreciation
6.56%
Original Mortgage
$307,500
Outstanding Balance
$276,429
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$275,458

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 2, 2020
Sold by
Patchett Paula H
Bought by
Mcmann Kevin and Townes Mcmann Katie
Seller's Agent
Jordan Anderson
eXp Realty, LLC
Buyer's Agent
Jordan Anderson
eXp Realty, LLC
List Price
$469,900
Sold Price
$410,000
Premium/Discount to List
-$59,900
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$276,429
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$275,458

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
597Vanwey Llc -- None Available
Mcmann Kevin $410,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmann Kevin $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $410,000 -12.7% $112 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
04/22/2020 04/22/20 For Sale $469,900 -- $128 / Sq Ft
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 $4,792 $340,010 $52,920 $287,090
2023 $4,629 $330,110 $51,380 $278,730
2022 $4,503 $330,110 $51,380 $278,730
2021 $4,370 $320,500 $49,890 $270,610
2020 $4,642 $311,170 $48,440 $262,730
2019 $4,571 $293,320 $45,650 $247,670
2018 $4,484 $284,780 $44,320 $240,460
2017 $4,374 $284,780 $44,320 $240,460
2016 $4,263 $268,440 $41,770 $226,670
2015 $3,773 $241,410 $40,490 $200,920
2014 $3,698 $241,030 $39,320 $201,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 103012640

Southern Oregon MLS

APN: 10831497