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$409,900 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1,717 Sq. Ft.
  • 6 Car Garage
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Investor Opportunity - Priced for Immediate Action! This property is a true diamond in the rough-hidden behind clutter and deferred maintenance, with clear built-in equity if cleaned and renovated. Currently in foreclosure, it offers a rare chance for resourceful investors with cash and resources necessary to capitalize on a promising 1+ac with 4-bed, 2-bath farmhouse on TWO parcels. Home includes an attached 2-car garage, large detached metal barn with room for 6+ vehicles, and smaller wood barn. The expansive land boasts open pasture, a pond, creek, garden beds, fruit trees, all near GI industrial/commercial zones with excellent freeway access (backs to freeway.) Although citations and back taxes exist, the property's potential for sweat equity and future value is immense. This is your opportunity to MAKE IT HAPPEN-clean up, upgrade, and unlock the true earning potential of this rural yet conveniently located estate. Act fast-property needs work but the rewards could be significant!

Full Property Details for 4223 Merita Terrace

General

  • Price: $409,900
  • Taxes: $3,601 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: ODS
  • MLS ID: 220203131
  • Updated: 12/29/2025
  • Added to Site: 230 day(s) ago

Interior

  • Rooms/Areas: Dining Room, Laundry, Living Room, Primary Room
  • Interior Features: Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Walk-In Closet(s)
  • Appliances: Oven, Range, Water Heater
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 6
  • Parking Features: Attached, Detached, Driveway, RV Access/Parking, RV Garage, Storage, Workshop in Garage, Other
  • Parking: Attached, Detached, Driveaway

Location

  • Area: 1717
  • County: Jackson
  • Subdivision: N/A
  • Cross Streets: Tolo
  • Driving Directions: Blackwell to Tolo to Merita Terrace, home is on left side across from lumber mill

School Information

  • Elementary School: Patrick Elem
  • Middle School: Hanby Middle
  • High School: Crater High

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Septic Tank
  • Water: Well
  • Well: Yes

Structural Information

  • Architectural Style: Ranch
  • Construction: Frame
  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Common Walls: No Common Walls
  • Stories/Levels: 2
  • Square Feet: 1,717
  • Sq. Ft. Source: Assessor
  • Living Area: 1,717 Sq. Ft.
  • Year Built: 1989

Additional Structures

  • Other Structures: Barn(s), Mobile Home, RV/Boat Storage, Second Garage, Shed(s), Workshop

Lot Features

  • Property View: Mountain(s), Neighborhood, Pond, Valley
  • Mountain views: Yes
  • Lot Size (Acres): 11.65
  • Lot Size (Sq. Ft.): 507,474
  • Street/Road Desc.: Dirt
  • Lot Features: Fenced, Level, Native Plants, Pasture
  • Zoning: RR-5

Horse Property

  • Horse Property: Yes

Water Features

  • Water Front: Yes

Financial Considerations

  • Tax Amount: $3,601.49
  • Tax Year: 2024
  • Terms: Cash, Private Financing Available

Disclosures and Reports

  • Special Conditions: In Foreclosure, Standard
  • Multiple Parcels: Yes
  • APN: 10189248
  • Section: Not Applicable

Listed by Real Estate Alliance & Lease (541) 502-9675, Katherine M Soditus (541) 502-9675

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Listing agent

— 4223 Merita Terrace —

  • Katherine M Soditus

    Real Estate Alliance & Lease

    541-502-9675

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4223 Merita Terrace

School District:Central Point School District 6
NameGradesDistance
Patrick Elementary School
1500 2nd Avenue, Gold Hill, OR 97525
K-55 mi
Scenic Middle School
1955 Scenic Avenue, Central Point, OR 97502
6-83.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4223 Merita Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2025
Price Reduced
$409,900
-8.91%
MLS
6/03/2025
Listed
$450,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4223 Merita Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,698
3%
$295,400
3%
2024
$3,601
3%
$286,800
3%
2023
$3,483
2%
$278,450
3%
2022
$3,417
3%
$270,340
3%
2021
$3,322
5%
$262,470
6%
2019
$3,154
3%
$247,410
3%
2018
$3,059
2%
$240,210
3%
2017
$2,988
3%
$233,220
3%
2016
$2,903
4%
$226,430
3%
2015
$2,799
14%
$219,840
3%
2014
$2,448
7%
$213,440
3%
2013
$2,284
—
$207,230
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Real Estate Alliance & Lease (541) 502-9675, Katherine M Soditus (541) 502-9675

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4223 Merita Terrace, Central Point, OR 97502 (MLS# 220203131) is a Single Family property with 4 bedrooms and 2 full bathrooms. 4223 Merita Terrace is currently listed for $409,900 and was received on June 03, 2025. Want to learn more about 4223 Merita Terrace? Do you have questions about finding other Single Family real estate for sale in Central Point? You can browse all Central Point real estate or contact a Coldwell Banker agent to request more information.

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