NOT LISTED FOR SALE

1022 W 9th St Unit A&B Medford, OR 97501

Washington Neighborhood

Estimated Value: $325,000 - $436,000

2 Beds
2 Baths
1,728 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $243,648 $141 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,317/month

11 Days on Market

Highlights

  • Cooling Available
  • 1-Story Property
  • Heat Pump System

About This Home

As of July 2019

This is a fantastic investment property. Both units are 1 bedroom and 1 bath. The doors, door frames and window sills in the first unit are all natural wood. There is new laminate and linoleum throughout. Both units include refrigerator, range/oven, dishwasher and microwave. Each has its own spacious laundry room and a good sized walk in closet in the bedroom. Unit 2's laundry room includes a washer and dryer. Both units have private fenced patios and separate detached garages with a covered breeze way that connects them to their respective units. Rare double wall construction between units insures great sound attenuation. Professional landscaping gives these units curb appeal. Large concrete area provides plenty of off street parking. Showings only with accepted offer. Do Not Disturb Tenants.

Last Agent to Sell the Property

Rob Jellesed

RE/MAX Platinum License #201225921 Listed on: 05/20/2019

RE/MAX Platinum

Last Buyer's Agent

Christol Delany

Century 21 JC Jones American Dream License #990200175

Century 21 JC Jones American Dream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 1993

Lot Details

  • 5,227

Home Design

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

Schools

  • Washington Elementary School
  • Mcloughlin Middle School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 1-Story Property
  • 5,227 Sq Ft Lot

Listing and Financial Details

  • Exclusions: Tenant's Property
  • Assessor Parcel Number 10409949

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $20,160
  • Net Operating Income $13,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,741

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: West Main to Orange St. then right on West 9th St. House on right, mid block.
  • Unit Levels: One
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1993
  • Total Gross Income: 20160.0
  • Co List Office Phone: 541-773-6868
  • Outside Inclusions: 2 r/o, 2 fridges, 2 dw, 2 mw
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Washington Elem
  • General Property Information Middle Or Junior School: McLoughlin 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: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenant's Property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Washington Elem
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 10409949
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2
  • Net Operating Income: 13960.0
  • Annual Operating Expense: 5192.0

Tax Info

  • Tax Annual Amount: 2741.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Jul 10, 2019
Sold by
Mabry Michael E and Mabry Carolyn M
Bought by
Stone Caleb G
Seller's Agent
Rob Jellesed
RE/MAX Platinum
Buyer's Agent
Christol Delany
Century 21 JC Jones American Dream
List Price
$243,648
Sold Price
$243,648
Current Estimated Value
$371,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,775
Avg. Annual Appreciation
7.35%
Original Mortgage
$182,700
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2015
Sold by
Mabry Michael E and Mabry Carolyn M
Bought by
Michael E Mabry & Carolyn M Mabry Trust

Purchase Details

Listed on
Jan 10, 2011
Closed on
Jan 31, 2012
Sold by
Mackenzie Donna Rae and Weidman Donna
Bought by
Mabry Michael E and Mabry Carolyn M
Seller's Agent
Georgia Weidman-Clarke
Weidman
Buyer's Agent
Douglas Morse
John L. Scott Medford
List Price
$200,000
Sold Price
$142,800
Premium/Discount to List
-$57,200
-28.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$90,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2000
Sold by
Ekerson Kevin S and Ekerson Michelle D
Bought by
Weidman Donna

Purchase Details

Closed on
Dec 1, 1997
Sold by
Fair L Wayne
Bought by
Ekerson Kevin S and Ekerson Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,900
Interest Rate
7.31%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stone Caleb G $243,648 First American Title
Michael E Mabry & Carolyn M Mabry Trust -- None Available
Mabry Michael E $142,800 Ticor Title Company Oregon
Weidman Donna $134,500 --
Ekerson Kevin S $123,230 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Caleb G $182,000
Closed Stone Caleb G $182,700
Previous Owner Mabry Michael E $90,000
Previous Owner Weidman Donna $130,000
Previous Owner Ekerson Kevin S $110,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $243,648 0.0% $141 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $243,648 +70.6% $141 / Sq Ft
01/31/2012 01/31/12 Sold $142,800 -28.6% --
12/16/2011 12/16/11 Pending -- -- --
01/10/2011 01/10/11 For Sale $200,000 -- --
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 $3,195 $220,310 $81,020 $139,290
2024 $3,195 $213,900 $78,670 $135,230
2023 $3,097 $207,670 $76,380 $131,290
2022 $3,022 $207,670 $76,380 $131,290
2021 $2,944 $201,630 $74,150 $127,480
2020 $2,881 $195,760 $71,990 $123,770
2019 $2,813 $184,530 $67,860 $116,670
2018 $2,741 $179,160 $65,880 $113,280
2017 $2,692 $179,160 $65,880 $113,280
2016 $2,710 $168,890 $62,090 $106,800
2015 $2,593 $162,700 $60,280 $102,420
2014 $2,592 $162,060 $59,120 $102,940
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 103002109

Oregon Datashare

APN: 10409949