NOT LISTED FOR SALE

1051 W 11th St Medford, OR 97501

Washington Neighborhood

Estimated Value: $270,000 - $317,000

2 Beds
2 Baths
1,059 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $305,000 $288 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,742/month

74 Days on Market

Highlights

  • RV Access or Parking
  • Neighborhood Views
  • Detached Garage
  • No HOA
  • Cottage
  • Cooling Available

About This Home

As of January 2022

Investment opportunity with two smaller homes on one lot and a one car garage for each unit. Both units are a one bedroom one bathroom cottages that are conveniently located just minutes from downtown Medford. Recently updated with brand new appliances and kitchen and bathroom remodels. Front unit has a private fenced backyard while the back unit has small RV parking. Both units are currently rented and with reliable tenants.
This turnkey investment property will not last long.

Last Agent to Sell the Property

Irina Colburn

eXp Realty, LLC License #201237641 Listed on: 12/03/2021

Co-Listed By

Rockwell Group

eXp Realty, LLC License #201207277

Last Buyer's Agent

Armando and Lis Enciso

i5 Real Estate License #201221371

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,705

Year Built

  • Built in 1931

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls

Home Design

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

Interior Spaces

  • Bathtub with Shower
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Parking

  • Detached Garage
  • Alley Access
  • Gravel Driveway
  • Shared Driveway
  • RV Access or Parking
  • Assigned Parking

Schools

  • Washington Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • 2 Units
  • Ruby Add[Ition] Subdivision

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Legal Lot and Block 2400 / 2008
  • Assessor Parcel Number 1-0411606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,705

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Directions: Start going SW on E Main St, Left on S. Orange and right on W. 11th. Houses will be on the left.
  • Unit Levels: One
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: Ruby Add[ition]
  • Year Built: 1931
  • Co List Office Mls Id: orEXP4
  • Co List Office Phone: 888-814-9613
  • Co List Office Phone: 888-814-9613
  • Outside Inclusions: Refrigerator, range, dishwasher
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Washington Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: Sfr-10
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2400
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 2008
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Hot Water Recirculating Pump, Oven, Range, Refrigerator
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Shower/Tub Combo
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenant's personal property
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Alley Access, Assigned, Detached, Driveway, Gravel, RV Access/Parking, Shared Driveway
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Alley Access: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Washington Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 1-0411606
  • ResoLotSizeUnits: Acres
  • Zoning Description: Sfr-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1704.94
  • Tax Block: 2008
  • Tax Lot: 2400
  • Tax Map Number: 372W25DC
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Jan 13, 2022
Sold by
Colburn Jessica
Bought by
Mercado Pedro Colin
Seller's Agent
Irina Colburn
eXp Realty, LLC
Buyer's Agent
Armando and Lis Enciso
i5 Real Estate
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%
Current Estimated Value
$291,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,718
Avg. Annual Appreciation
-1.26%
Original Mortgage
$180,000
Outstanding Balance
$123,131
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,151

Purchase Details

Listed on
Dec 3, 2021
Closed on
Dec 21, 2021
Sold by
Jessica Colburn
Bought by
Mercado Pedro Colin
Seller's Agent
Irina Colburn
eXp Realty, LLC
Buyer's Agent
Armando and Lis Enciso
i5 Real Estate
List Price
$349,000
Sold Price
$305,000
Premium/Discount to List
-$44,000
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$123,131
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$168,151

Purchase Details

Listed on
Feb 12, 2019
Closed on
Mar 20, 2019
Sold by
Rre Properties Llc
Bought by
Colburn Jessica
Seller's Agent
Jake Rockwell
eXp Realty, LLC
Buyer's Agent
Mandy Martin
John L. Scott Medford
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.12%
Original Mortgage
$127,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2017
Sold by
Rice John M and Rice Linda L
Bought by
Rre Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 5, 2014
Sold by
Thrush Connie L
Bought by
Rice John M and Rice Linda L
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
Mercado Pedro Colin $305,000 First American Title
Mercado Pedro Colin $305,000 First American Title
Colburn Jessica $170,000 Ticor Title
Rre Properties Llc $115,000 Amerititle
Rice John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Pedro Colin $180,000
Closed Mercado Pedro Colin $180,000
Previous Owner Colburn Jessica $127,500
Previous Owner Rre Properties Llc $115,500
Previous Owner Rre Properties Llc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $305,000 -12.6% $288 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $349,000 +105.3% $330 / Sq Ft
03/26/2019 03/26/19 Sold $170,000 -2.9% $161 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $175,000 -- $165 / 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 $1,890 $130,340 $53,760 $76,580
2024 $1,890 $126,550 $52,200 $74,350
2023 $1,832 $122,870 $50,680 $72,190
2022 $1,788 $122,870 $50,680 $72,190
2021 $1,742 $119,300 $49,210 $70,090
2020 $1,705 $115,830 $47,780 $68,050
2019 $1,665 $109,190 $45,040 $64,150
2018 $1,622 $106,010 $43,730 $62,280
2017 $1,593 $106,010 $43,730 $62,280
2016 $1,603 $99,940 $41,230 $58,710
2015 $1,541 $99,940 $41,230 $58,710
2014 $1,492 $93,260 $57,020 $36,240
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    Irina Colburn

    eXp Realty, LLC

  • Rockwell Group

    Seller Co-Listing Agent in 2022

    Rockwell Group

    eXp Realty, LLC

    (541) 292-4444

    16 in this area

    480 Total Sales

    Rockwell Group
    Section Image

  • A

    Buyer's Agent in 2022

    Armando and Lis Enciso

    i5 Real Estate

    (541) 973-1515

    4 in this area

    117 Total Sales

    Armando and Lis Enciso
    Section Image
  • Jake Rockwell

    Seller's Agent in 2019

    Jake Rockwell

    eXp Realty, LLC

    (541) 292-6962

    8 in this area

    238 Total Sales

    Jake Rockwell
    Section Image

  • M

    Buyer's Agent in 2019

    Mandy Martin

    John L. Scott Medford

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220133343

Oregon Datashare

APN: 10411606

Oregon Jackson County Medford 97501 Washington

1051 W 11th St, Medford, OR

This home is located at 1051 W 11th St, Medford, OR 97501 since 03 December 2021 and is currently estimated at $291,282, approximately $275 per square foot. This property was built in 1931. 1051 W 11th St is a home located in Jackson County with nearby schools including Washington Elementary School, McLoughlin Middle School, and South Medford High School.

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