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631 Palo Verde Way

Central Point, OR 97502

3 bd 2 ba 1,537 sqft Built 1979 Lot 11,326 sqft single_family
Most recent sale
$386,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $386,000 MLS #220147135
Jun 11, 2022 Price changed $385,000 MLS #220147135
Jun 5, 2022 Price changed $399,000 MLS #220147135
Jun 3, 2022 Listed $415,000 MLS #220147135
Jun 14, 2017 Sold $207,000 MLS #108070
Feb 15, 2005 Sold $207,000 Public Record
Feb 15, 2005 Listed $207,000 MLS #108070
Dec 28, 2004 Listed $207,000 MLS #14908068
Feb 26, 1996 Sold $102,500 Public Record
Mar 20, 1984 Sold $55,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $121,340 $75,450 $196,790 $3,253
2024 $121,340 $75,450 $196,790 $3,173
2023 $114,380 $71,120 $185,500 $3,166
2022 $111,060 $69,040 $180,100 $3,092
2021 $107,830 $67,030 $174,860 $3,004
2020 $104,690 $65,080 $169,770 $2,917
2019 $101,650 $63,180 $164,830 $2,845
2018 $98,690 $61,340 $160,030 $2,758
2017 $95,810 $59,560 $155,370 $2,689
2016 $93,030 $57,820 $150,850 $2,610
2015 $90,330 $56,130 $146,460 $2,501
2014 $87,700 $54,500 $142,200 $2,388
2013 $86,120 $36,360 $122,480 $2,002
2012 $84,440 $33,440 $117,880 $1,934
2011 $68,660 $68,810 $137,470 $2,259
2010 $85,140 $52,920 $138,060 $2,315
2009 $82,660 $51,380 $134,040 $2,248
2008 $80,260 $49,880 $130,140 $2,200
2007 $77,920 $48,430 $126,350 $2,160

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,537 sqft
Lot size
11,326 sqft
ZIP code
97502
City
Central Point
Street
Palo Verde Way
Coordinates
42.37409, -122.92539

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
$3,074
Gross rental yield
9.56%
Implied cap rate
6.21%
Trend-extrapolated value

Frequently asked questions

When did 631 Palo Verde Way last sell?
631 Palo Verde Way most recently sold on Jul 29, 2022 for $386,000.
What is the current tax assessment for 631 Palo Verde Way?
The most recent total assessment for 631 Palo Verde Way (year 2025) is $196,790 with $3,253 in property tax.
How does 631 Palo Verde Way's assessment compare to its last sale price?
The current assessment is 49.0% below the last sale price of $386,000.
When was 631 Palo Verde Way built?
631 Palo Verde Way was built in 1979.
How does 631 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 631 Palo Verde Way?
631 Palo Verde Way is a 3 bed, 2 bath, 1,537 sqft, 11,326 sqft lot single_family.
Is 631 Palo Verde Way a flip candidate?
No — 631 Palo Verde Way does not appear in our flips dataset.
Is 631 Palo Verde Way a tax-appeal candidate?
No — 631 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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