NOT LISTED FOR SALE

1010 E 11th St Medford, OR 97504

Estimated Value: $360,000 - $389,000

4 Beds
2 Baths
1,848 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 29, 2016

Last sale price $150,000 $81 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $2,193/month

350 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Heating System Uses Natural Gas

About This Home

As of September 2016

East Medford Investment Property with lots of potential! Great Opportunity at an affordable price. This duplex is located just blocks from downtown Medford, with easy access to S.O.U, RCC Campus and the library. Property has some deferred maintenance but the units are in good condition overall. Separate utility meters. Units are 2bed 1bath, and are approx 924 sq feet each. Attached carports. Large 0.27 acre lot which may provide room for an additional unit. Buyer to conduct their own due diligence with City of Medford for potential improvements.

Last Agent to Sell the Property

Scott King

Merit Commercial RE, LLC License #200602153 Listed on: 03/02/2016

Co-Listed By

Glen Thone

RE/MAX Integrity License #900200151

Last Buyer's Agent

Paul Grout

Signature Realty LLC License #920600227

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,419

Year Built

  • Built in 1958

Lot Details

  • 0.27

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Roosevelt Elementary School
  • Hedrick Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 0.27 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: tenants personal property
  • Assessor Parcel Number 10377273

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,419

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Directions: E. tenth street to Portland avenue, south to E. Eleventh Street. Duplex is on the right side.
  • Unit Levels: One
  • Lot Size Acres: 0.27
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1958
  • Co List Office Mls Id: orIDL
  • Co List Office Phone: 541-770-3325
  • Co List Office Phone: 541-608-6704
  • MLS Status: Closed
  • General Property Information Elementary School: Roosevelt Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: mfr-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: tenants personal property
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Roosevelt Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 10377273
  • ResoLotSizeUnits: Acres
  • Zoning Description: mfr-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2418.95
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2017
Sold by
Grout & Associates Llc
Bought by
Grout Paul A
Current Estimated Value
$370,036

Purchase Details

Listed on
Mar 2, 2016
Closed on
Sep 21, 2016
Sold by
Cogswell Limited Partnership
Bought by
Grout & Associates Llc
Seller's Agent
Scott King
Merit Commercial RE, LLC
Buyer's Agent
Paul Grout
Signature Realty LLC
List Price
$205,000
Sold Price
$150,000
Premium/Discount to List
-$55,000
-26.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%
Original Mortgage
$148,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Grout Paul A -- Ticor Title Company Of Or
Grout & Associates Llc $150,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grout & Associates Llc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2016 09/29/16 Sold $150,000 -26.8% $81 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $205,000 -- $111 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,021 $208,300 $141,510 $66,790
2024 $3,021 $202,240 $137,390 $64,850
2023 $2,928 $196,350 $133,390 $62,960
2022 $2,857 $196,350 $133,390 $62,960
2021 $2,783 $190,640 $129,510 $61,130
2020 $2,724 $185,090 $125,740 $59,350
2019 $2,660 $174,470 $118,530 $55,940
2018 $2,592 $169,390 $115,080 $54,310
2017 $2,545 $169,390 $115,080 $54,310
2016 $2,562 $159,670 $108,480 $51,190
2015 $2,462 $159,670 $108,480 $51,190
2014 $2,419 $150,510 $102,260 $48,250
Source: Public Records

Agents Affiliated with this Home

  • Scott King

    Seller's Agent in 2016

    Scott King

    Merit Commercial RE, LLC

    (541) 890-6708

    67 Total Sales

    Scott King
    Section Image
  • Glen Thone

    Seller Co-Listing Agent in 2016

    Glen Thone

    RE/MAX

    (541) 944-5873

    97 Total Sales

    Glen Thone
    Section Image

  • P

    Buyer's Agent in 2016

    Paul Grout

    Signature Realty LLC

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102959880

Oregon Datashare

APN: 10377273

Oregon Jackson County Medford 97504

1010 E 11th St, Medford, OR

This home is located at 1010 E 11th St, Medford, OR 97504 since 02 March 2016 and is currently estimated at $370,036, approximately $200 per square foot. This property was built in 1958. 1010 E 11th St is a home located in Jackson County with nearby schools including Roosevelt Elementary School, Hedrick Middle School, and South Medford High School.

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