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!
Closed
$385,000
616 Cheryl Ln, Phoenix, OR 97535
3beds
2baths
1,610sqft
Single Family Residence
Built in 1961
1 Acres Lot
$416,400 Zestimate®
$239/sqft
$2,186 Estimated rent
Home value
$416,400
$366,000 - $466,000
$2,186/mo
Zestimate® history
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$2,325/mo
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Zillow last checked:
Listing updated:
Listed by:
John L. Scott Medford 5413246742
Bought with:
Ashland Homes Real Estate Inc.
Source: Oregon Datashare,MLS#: 220201845
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Range Hood, Refrigerator, Water Heater
Features
- Laminate Counters, Linen Closet, Shower/Tub Combo
- Flooring: Carpet, Vinyl, Other
- Windows: Wood Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,610
- Total interior livable area: 1,610 sqft
Property
Parking
- Parking features: Driveway, Gravel, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Spa features: Spa/Hot Tub
- Has view: Yes
- View description: Creek/Stream, Neighborhood
- Has water view: Yes
- Water view: Creek/Stream
- Waterfront features: Creek
Lot
- Size: 1 Acres
Details
- Additional parcels included: 10633880 & 10693384
- Parcel number: 10633871
- Zoning description: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $341,480
- Annual tax amount: $5,011
- Date on market: 5/16/2025
- Cumulative days on market: 102 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Sold | $385,000-3.8%$239/sqft |
Source:  Oregon Datashare #220201845 Report a problem | ||
| 8/26/2025 | Pending sale | $400,000$248/sqft |
Source: Oregon Datashare #220201845 Report a problem | ||
| 8/7/2025 | Price change | $400,000-11.1%$248/sqft |
Source: Oregon Datashare #220201845 Report a problem | ||
| 7/15/2025 | Price change | $450,000-10%$280/sqft |
Source: Oregon Datashare #220201845 Report a problem | ||
| 6/17/2025 | Price change | $500,000-23%$311/sqft |
Source: Oregon Datashare #220201845 Report a problem | ||
| 5/16/2025 | Listed for sale | $649,000$403/sqft |
Source: Oregon Datashare #220201845 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,194 +3.2% | $193,410 +3% |
| 2023 | $3,094 +2.7% | $187,780 |
| 2022 | $3,012 +2.4% | $187,780 +3% |
| 2021 | $2,940 +3.2% | $182,320 +6.1% |
| 2020 | $2,848 +2.7% | $171,860 +3% |
| 2019 | $2,772 | $166,860 +3% |
| 2018 | $2,772 +3% | $162,000 |
| 2017 | $2,691 +5.8% | $162,000 +6.1% |
| 2016 | $2,542 +2.8% | $152,710 |
| 2015 | $2,473 +4.1% | $152,710 +6.1% |
| 2014 | $2,377 +10.7% | $143,960 +3.2% |
| 2013 | $2,148 +1.4% | $139,450 +1% |
| 2012 | $2,118 -1.4% | $138,070 -1.2% |
| 2011 | $2,148 +1.9% | $139,770 +3% |
| 2010 | $2,108 +2.6% | $135,700 +3% |
| 2009 | $2,055 +3.5% | $131,750 +3% |
| 2008 | $1,986 +4.3% | $127,920 +3% |
| 2007 | $1,905 -0.5% | $124,200 +3% |
| 2006 | $1,915 +1.2% | $120,590 +3% |
| 2005 | $1,893 +1.2% | $117,080 +3% |
| 2004 | $1,871 +9.8% | $113,670 +3% |
| 2003 | $1,704 | $110,360 |
Find assessor info on the county website
Neighborhood: 97535
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Nearby schools
GreatSchools rating
- 5/10Phoenix Elementary SchoolGrades: K-5Distance: 0.5 mi
- 3/10Talent Middle SchoolGrades: 6-8Distance: 3.1 mi
- 6/10Phoenix High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Phoenix Elem
- Middle: Talent Middle
- High: Phoenix 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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$416,400
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$424,728
- Oregon
- Jackson County
- Phoenix
- 97535
- 616 Cheryl Ln
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