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561 Palo Verde Way

Central Point, OR 97502

3 bd 2 ba 1,217 sqft Built 1979 Lot 9,148 sqft single_family
Most recent sale
$380,000
Apr 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2022 Sold $380,000 MLS #220140928
Mar 11, 2022 Listed $375,000 MLS #220140928
Nov 26, 2019 Listed for rent $1,450 AppfolioUnits
Nov 22, 2019 Listed for rent $1,450 AppfolioUnits
Oct 23, 1989 Sold $64,750 Public Record
Aug 14, 1986 Sold $56,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $106,000 $77,690 $183,690 $3,036
2024 $106,000 $77,690 $183,690 $2,962
2023 $99,910 $73,240 $173,150 $2,955
2022 $97,000 $71,110 $168,110 $2,886
2021 $94,180 $69,040 $163,220 $2,804
2020 $91,440 $67,030 $158,470 $2,723
2019 $88,780 $65,080 $153,860 $2,656
2018 $86,200 $63,180 $149,380 $2,575
2017 $83,690 $61,340 $145,030 $2,510
2016 $81,250 $59,560 $140,810 $2,437
2015 $78,890 $57,820 $136,710 $2,334
2014 $76,600 $56,130 $132,730 $2,245
2013 $75,740 $33,670 $109,410 $1,789
2012 $74,250 $33,000 $107,250 $1,760
2011 $74,370 $54,500 $128,870 $2,120
2010 $72,200 $52,920 $125,120 $2,098
2009 $70,100 $51,380 $121,480 $2,038
2008 $68,070 $49,880 $117,950 $1,994
2007 $66,090 $48,430 $114,520 $1,957

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,217 sqft
Lot size
9,148 sqft
ZIP code
97502
City
Central Point
Street
Palo Verde Way
Coordinates
42.37283, -122.92281

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,434
Gross rental yield
7.69%
Implied cap rate
5.00%
Trend-extrapolated value

Frequently asked questions

When did 561 Palo Verde Way last sell?
561 Palo Verde Way most recently sold on Apr 13, 2022 for $380,000.
What is the current tax assessment for 561 Palo Verde Way?
The most recent total assessment for 561 Palo Verde Way (year 2025) is $183,690 with $3,036 in property tax.
How does 561 Palo Verde Way's assessment compare to its last sale price?
The current assessment is 51.7% below the last sale price of $380,000.
When was 561 Palo Verde Way built?
561 Palo Verde Way was built in 1979.
How does 561 Palo Verde Way compare to others on Palo Verde Way?
We track 8 other properties on Palo Verde Way. Browse the list under "Other properties on Palo Verde Way" to compare beds, baths, and sale history.
What are the property facts for 561 Palo Verde Way?
561 Palo Verde Way is a 3 bed, 2 bath, 1,217 sqft, 9,148 sqft lot single_family.
Is 561 Palo Verde Way a flip candidate?
No — 561 Palo Verde Way does not appear in our flips dataset.
Is 561 Palo Verde Way a tax-appeal candidate?
No — 561 Palo Verde Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.0%
Implied 1-yr
-3.8%
2026 Q3
$426.9K
2026 Q4
$422.6K
ZIP 97502 — Median Price History + Forecast

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