$400,000
$249K PRICE DROP

616 Cheryl Ln Phoenix, OR 97535

Estimated payment $2,597/month

Total Views 9,054
3 Beds
2 Baths
1,610 Sq Ft
$248 Price per Sq Ft

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

Shaloe Brown

John L. Scott Medford Brokerage Phone: 5413246742 License #201223824 Listed on: 05/16/2025

John L. Scott Medford

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,012

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 1.0
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1961
  • Attribution Contact: 5413246742
  • Co List Office Phone: 541-779-3611
  • MLS Status: Active
  • General Property Information Elementary School: Phoenix Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information High School: Phoenix High
  • General Property Information:Zoning2: R-3
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Cable Connected: Yes
  • Utilities Phone Connected: Yes
  • Waterfront Features Creek2: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Vinyl, Other
  • Interior Amenities: Laminate Counters, Linen Closet, Shower/Tub Combo
  • Window Features: Wood Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes
  • Appliances:Cooktop: Yes
  • Interior Features Linen Closet: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Spa/Hot Tub
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • View: Creek/Stream, Neighborhood
  • Waterfront Features: Creek
  • Horse: No
  • Waterfront: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Wood Frames: Yes
  • Exterior Features:SpaHot Tub2: Yes
  • Rooms Enclosed PorchPatio: Yes
  • View:CreekStream: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel, On Street
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Phoenix Elem
  • High School: Phoenix High
  • Middle Or Junior School: Talent Middle

Lot Info

  • Additional Parcels Description: 10633880 & 10693384
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 10633871
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3

Tax Info

  • Tax Annual Amount: 5011.95
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

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
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Key Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $92,000 No Value Available
Source: Public Records

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Source: Oregon Datashare

MLS Number: 220201845

Oregon Datashare

APN: 10633871