
616 Cheryl Ln Phoenix, OR 97535
Estimated payment $2,597/month
Highlights
- Spa
- 1 Acre Lot
- Ranch Style House
- Home fronts a creek
- Creek or Stream View
- No HOA
About This Home
Attention Developers & Investors! Rare opportunity to acquire highly desirable, buildable lots totaling 1 acre in a rapidly developing area of Phoenix. Zoned R-3 (High Density Residential), this property offers multiple development options—ideal for multi-family or townhome projects. Currently situated on the 0.59-acre portion is a 1,610 sq ft home featuring 3 bedrooms, 2 bathrooms, and a spacious living room with a fireplace—perfect as an income-producing rental while you finalize your building plans and permits. Don't miss this prime infill opportunity in a growing market!
Listing Agent
John L. Scott Medford Brokerage Phone: 5413246742 License #201223824 Listed on: 05/16/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,012
Year Built
- Built in 1961
Lot Details
- 1 Acre Lot
- Home fronts a creek
- Additional Parcels
- Property is zoned R-3, R-3
Property Views
- Creek or Stream
- Neighborhood
Home Design
- Ranch Style House
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,610 Sq Ft Home
- Wood Burning Fireplace
- Wood Frame Window
- Living Room
- Laundry Room
Kitchen
- Eat-In Kitchen
- Cooktop with Range Hood
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Linen Closet
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- Gravel Driveway
- On-Street Parking
Outdoor Features
- Spa
- Enclosed Patio or Porch
Schools
- Phoenix Elementary School
- Talent Middle School
- Phoenix High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10633871
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,194 | $199,210 | $99,880 | $99,330 |
2024 | $3,194 | $193,410 | $96,970 | $96,440 |
2023 | $3,094 | $187,780 | $94,150 | $93,630 |
2022 | $3,012 | $187,780 | $94,150 | $93,630 |
2021 | $2,940 | $182,320 | $91,410 | $90,910 |
2020 | $2,848 | $177,010 | $88,740 | $88,270 |
2019 | $2,772 | $166,860 | $83,650 | $83,210 |
2018 | $2,691 | $162,000 | $81,220 | $80,780 |
2017 | $2,542 | $162,000 | $81,220 | $80,780 |
2016 | $2,473 | $152,710 | $76,560 | $76,150 |
2015 | $2,377 | $152,710 | $75,650 | $77,060 |
2014 | $2,288 | $143,960 | $71,310 | $72,650 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/07/2025 08/07/25 | Price Changed | $400,000 | -11.1% | $248 / Sq Ft |
07/15/2025 07/15/25 | Price Changed | $450,000 | -10.0% | $280 / Sq Ft |
06/17/2025 06/17/25 | Price Changed | $500,000 | -23.0% | $311 / Sq Ft |
05/16/2025 05/16/25 | For Sale | $649,000 | -- | $403 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Key Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $92,000 | No Value Available |
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Source: Oregon Datashare
MLS Number: 220201845

APN: 10633871
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