NOT LISTED FOR SALE

1101 Olympic Ave Medford, OR 97504

Estimated Value: $384,159 - $406,000

6 Beds
2 Baths
1,976 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $280,000 $142 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,290/month

33 Days on Market

About This Home

As of September 2019

East Medford Duplex with market rents. Well maintained Duplex close to Asante Medical Center. An opportunity like this does not come up this area too often.

Last Agent to Sell the Property

Geoff O'neill

John L. Scott Medford Brokerage Phone: 541-941-4287 License #200208122 Listed on: 07/16/2019

John L. Scott Medford

Last Buyer's Agent

Kathleen King

John L. Scott Ashland License #201227171

John L. Scott Ashland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Orchard Hill Elementary School
  • Talent Middle School

Utilities

  • Cooling Available
  • Heat Pump System
  • Radiant Heating System

Community Details

  • Gross Income $25,800

Listing and Financial Details

  • Exclusions: Tenants possessions
  • Property held in a trust
  • Assessor Parcel Number 10023671

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,168

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Juanipero to South Olympic. Duplex is on the left across from Palmyra.
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Attribution Contact: 541-941-4287
  • Total Gross Income: 25800.0
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: Range oven (2), Refrigerator (2)
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Orchard Hill Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information:Zoning2: SFR-10
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: Tenants possessions
  • Construction Materials:Frame: Yes

Utilities

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

Schools

  • Elementary School: Orchard Hill Elem
  • Middle Or Junior School: Talent Middle

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10023671
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2168.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 3, 2019
Sold by
Carpenter Fredeana A and Fredeana A Carpenter Family Tr
Bought by
Herdklotz Patricia June and Yasutake Kim Louis
Seller's Agent
Geoff O'neill
John L. Scott Medford
Buyer's Agent
Kathleen King
John L. Scott Ashland
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Current Estimated Value
$395,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,790
Avg. Annual Appreciation
5.79%
Original Mortgage
$210,000
Outstanding Balance
$184,319
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$211,471

Purchase Details

Closed on
Mar 20, 2014
Sold by
Carpenter Fredeana A
Bought by
Carpenter Fredeana A and The Fredeana A Carpenter Family Trust

Purchase Details

Listed on
Jun 5, 2012
Closed on
Sep 21, 2012
Sold by
Criswell Deanna and Gray Alex
Bought by
Carpenter Fredeana A
Seller's Agent
Joelle McGrew
RE/MAX Platinum
Buyer's Agent
Joe Suste
Real Estate For You
List Price
$85,500
Sold Price
$86,000
Premium/Discount to List
$500
0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$64,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2000
Sold by
Hess Gary M and Hess Joy L
Bought by
Criswell Deanna and Gray Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

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Average Value
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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
Herdklotz Patricia June $280,000 First American
Carpenter Fredeana A -- None Available
Carpenter Fredeana A $86,000 Amerititle
Criswell Deanna -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herdklotz Patricia June $210,000
Previous Owner Carpenter Fredeana A $64,500
Previous Owner Criswell Deanna $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2019 09/06/19 Sold $280,000 +1.8% $142 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $275,000 +219.8% $139 / Sq Ft
09/26/2012 09/26/12 Sold $86,000 +0.6% $44 / Sq Ft View Prior Sale
06/06/2012 06/06/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $85,500 -- $43 / 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 $2,562 $176,320 $49,430 $126,890
2024 $2,562 $171,190 $47,990 $123,200
2023 $2,482 $166,210 $46,590 $119,620
2022 $2,416 $166,210 $46,590 $119,620
2021 $2,360 $161,370 $45,240 $116,130
2020 $2,293 $156,670 $43,920 $112,750
2019 $2,233 $147,680 $41,400 $106,280
2018 $2,168 $143,380 $40,190 $103,190
2017 $2,043 $143,380 $40,190 $103,190
2016 $2,046 $135,160 $37,880 $97,280
2015 $1,968 $135,160 $37,880 $97,280
2014 $1,891 $127,410 $35,710 $91,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103003387

Oregon Datashare

APN: 10023671