Discover the perfect blend of space, convenience, and potential on this 5.15-acre wooded property. Equipped with well, septic, and power, this land is ready for your vision. An older home sits on the property, offering the possibility of remodel permits instead of new construction—buyer to verify.
The highlight is a huge metal shop(40 by100) with a roll-up door, providing ample storage or workspace. With plenty of room for horses, a small urban farm, or simply enjoying the open space, this property is ideal for those looking to create their dream homestead.
Live comfortably in an RV while you build—everything is in place to make your transition seamless. Don't miss this incredible opportunity to own a prime piece of land with endless possibilities!
Closed
$255,000
501 Verde Ln, Merlin, OR 97532
2beds
1baths
1,248sqft
Single Family Residence
Built in 1971
5.15 Acres Lot
$258,900 Zestimate®
$204/sqft
$1,560 Estimated rent
Home value
$258,900
$225,000 - $298,000
$1,560/mo
Zestimate® history
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$1,492/mo
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List your homeWhat's special
Room for horsesSmall urban farm
Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
eXp Realty, LLC
Source: Oregon Datashare,MLS#: 220195623
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- None
Cooling
- None
Features
- Flooring: None
- Windows: Aluminum Frames
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Gravel, RV Access/Parking, Storage, Workshop in Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 5.15 Acres
- Features: Level, Pasture, Wooded
Details
- Additional structures: Shed(s), Workshop
- Parcel number: R303128
- Zoning description: RR2.5
- Special conditions: Standard
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Single Family Residence
Materials
- Block, Frame
- Foundation: Block, Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Merlin
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $345,170
- Annual tax amount: $1,698
- Date on market: 2/8/2025
- Cumulative days on market: 74 days
- Listing terms: Cash
- Inclusions: SOLD AS IS, where is everything included
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2025 | Sold | $255,000$204/sqft |
Source:  Oregon Datashare #220195623 Report a problem | ||
| 4/23/2025 | Pending sale | $255,000$204/sqft |
Source: Oregon Datashare #220195623 Report a problem | ||
| 4/10/2025 | Price change | $255,000-3.8%$204/sqft |
Source: Oregon Datashare #220195623 Report a problem | ||
| 2/8/2025 | Listed for sale | $265,000+181.9%$212/sqft |
Source: Oregon Datashare #220195623 Report a problem | ||
| 1/9/2015 | Sold | $94,000$75/sqft |
Source: Oregon Datashare #102951812 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,699 +18.3% | $225,080 +3% |
| 2023 | $1,437 +2.2% | $218,530 |
| 2022 | $1,406 +41.6% | $218,530 +6.1% |
| 2021 | $993 | $205,990 +50.1% |
| 2020 | $993 +4% | $137,190 +3% |
| 2019 | $955 | $133,200 +3% |
| 2018 | $955 +1.6% | $129,330 +3% |
| 2017 | $940 +17.2% | $125,570 +3% |
| 2016 | $802 | $121,920 +3% |
| 2015 | $802 +6% | $118,370 +3% |
| 2014 | $757 +3.8% | $114,930 +3% |
| 2013 | $729 +2.6% | $111,590 +3% |
| 2012 | $711 +3.4% | $108,340 +3% |
| 2011 | $688 +1.9% | $105,190 +3% |
| 2010 | $675 +2.7% | $102,130 +3% |
| 2009 | $657 -1.7% | $99,160 +3% |
| 2008 | $668 +8.1% | $96,280 +3% |
| 2007 | $619 +4.2% | $93,480 +6.1% |
| 2005 | $594 +1.4% | $88,120 +3% |
| 2004 | $585 +3.8% | $85,560 +3% |
| 2003 | $564 | $83,070 +3% |
| 2002 | $564 +31.9% | $80,660 +3% |
| 2001 | $427 +12.5% | $78,320 |
| 2000 | $380 | $78,320 |
Find assessor info on the county website
Neighborhood: 97532
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Manzanita Elementary SchoolGrades: K-5Distance: 3.2 mi
- 6/10Fleming Middle SchoolGrades: 6-8Distance: 3.1 mi
- 6/10North Valley High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Manzanita Elem
- Middle: Fleming Middle
- High: North Valley High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Josephine County
- Merlin
- 97532
- 501 Verde Ln
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