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4223 Merita Terrace, Central Point, OR 97502

Central Point
Local realty services provided by:CENTURY 21 Showcase Realtors®, Inc.
4223 Merita Terrace,Central Point, OR 97502
$409,900
  • 4 Beds
  • 2 Baths
  • 1,717 sq. ft.
  • Single family
  • Pending
Listed by: katherine m soditus
Office: real estate alliance & lease
MLS#:220203131
Source:OR_SOMLS

Price summary

  • Price:$409,900
  • Price per sq. ft.:$238.73

About this home

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!

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Home facts

  • Year built:1989
  • Listing ID #:220203131
  • Added:338 day(s) ago
  • Updated:February 20, 2026 at 08:35 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl
  • Bathrooms Description:Fiberglass Stall Shower
  • Kitchen Description:Oven, Range
  • Living area:1,717 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Composition
  • Year built:1989
  • Building area:1,717 sq. ft.
  • Lot area:11.65 Acres
  • Lot Features:Fenced, Level, Native Plants, Pasture
  • Architectural Style:Ranch
  • Construction Materials:Frame
  • Foundation Description:Concrete Perimeter
  • Levels:2 Story

Schools

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

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$409,900
  • Price per sq. ft.:$238.73
  • Tax amount:$3,601 (2024)

Features and amenities

  • Appliances:Oven, Range, Water Heater

Parking

  • Parking description:Attached, Detached, Driveway, RV Access/Parking, RV Garage
  • Garage:Yes
  • Garage spaces:6

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