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$385,000
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Property Description
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!
Full Property Details
Full Property Details for 616 Cheryl Ln
General
- Sold For: $385,000
- Taxes: $5,011 (2024)
- Status: Closed
- Type: Single Family
- Source: ODS
- MLS ID: 220201845
- Added to Site: 250 day(s) ago
Interior
- Rooms/Areas: Eating Area, Laundry, Kitchen, Living Room
- Interior Features: Laminate Counters, Linen Closet, Shower/Tub Combo
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Cooktop, Dishwasher, Range Hood, Refrigerator, Water Heater
- Flooring: Carpet, Vinyl, Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Parking Features: Driveway, Gravel, On Street
- Parking: Driveaway
Location
- Area: 1610
- County: Jackson
- Subdivision: N/A
School Information
- Elementary School: Phoenix Elem
- Middle School: Talent Middle
- High School: Phoenix High
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Frame
- Exterior Const.: Spa/Hot Tub
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Wood Frames
- Stories/Levels: 1
- Square Feet: 1,610
- Sq. Ft. Source: Assessor
- Living Area: 1,610 Sq. Ft.
- Year Built: 1961
Lot Features
- Property View: Creek/Stream, Neighborhood
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Irrigation System: None
- Zoning: R-3
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $5,011.95
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- APN: 10633871
- Section: Not Applicable
Listed by John L. Scott Medford (541) 779-3611, Shaloe Brown (541) 324-6742
Sold by Ashland Homes Real Estate Inc. (541) 324-6742, Lindsey Negra
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Schools
Schools serving 616 Cheryl Ln
School District:Phoenix-Talent School District 4
| Name | Grades | Distance |
|---|---|---|
Phoenix Elementary School 215 North Rose Street, Phoenix, OR 97535 | K-5 | 0.5 mi |
Talent Middle School 102 Christian Avenue, Talent, OR 97540 | 6-8 | 3.1 mi |
Phoenix High School 745 North Rose Street, Phoenix, OR 97535 | 9-12 | 0.2 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 616 Cheryl Ln
Date
Details
Price
Change
Source
9/25/2025
Sold
$385,000
-3.75%
MLS
8/07/2025
Price Reduced
$400,000
-11.11%
MLS
7/15/2025
Price Reduced
$450,000
-10%
MLS
6/17/2025
Price Reduced
$500,000
-22.96%
MLS
5/16/2025
Listed
$649,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
616 Cheryl Lane, Phoenix, OR 97535 (MLS# 220201845) is a Single Family property that was sold at $385,000 on September 25, 2025. Want to learn more about 616 Cheryl Lane? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

