NOT LISTED FOR SALE

1108 Olympic Ave Medford, OR 97504

Estimated Value: $381,000 - $405,000

6 Beds
2 Baths
1,976 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 21, 2017

Last sale price $195,000 $99 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,266/month

7 Days on Market

About This Home

As of March 2017

Older duplex in good East Medford location. Close to shopping, schools and doctors offices. Both units are 3 bedroom, 1 bath and have a 1 car carport for each unit. Another duplex, across the street, just like this one is also available for $195,000.

Last Agent to Sell the Property

Mike Witten

Windermere Van Vleet & Assoc2 License #810804088 Listed on: 01/26/2017

Last Buyer's Agent

Kate Empasis

Cascade Hasson SIR License #200702337

Cascade Hasson SIR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1973

Lot Details

  • 6,534

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Orchard Hill Elementary School
  • Talent Middle School

Utilities

  • Radiant Heating System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $17,340

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 10023698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,046

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Directions: Juanipero to Olympic, south on Olympic to address.
  • Unit Levels: One
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1973
  • Total Gross Income: 17340.0
  • Co List Office Phone: 541-779-6520
  • Outside Inclusions: 2 Refrigerators, 2 oven/ranges
  • MLS Status: Closed
  • 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
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Heating: Electric, Radiant, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes
  • Heating:Wall Furnace: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 10023698
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2046.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Payne Joshua
Bought by
Payne Kristina and Payne Joshua
Current Estimated Value
$391,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$266,256
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$125,060

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 1, 2017
Sold by
Boteler Linda and Ghiselli Living Trust
Bought by
Payne Joshua
Seller's Agent
Mike Witten
Windermere Van Vleet & Assoc2
Buyer's Agent
Kate Empasis
Cascade Hasson SIR
List Price
$195,000
Sold Price
$195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$146,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2005
Sold by
Ghiselli John and Ghiselli Rose S
Bought by
Ghiselli John and Ghiselli Rose S
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
Payne Kristina -- First American Title
Payne Joshua $195,000 First American
Ghiselli John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Kristina $290,000
Previous Owner Payne Joshua $146,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2017 03/21/17 Sold $195,000 0.0% $99 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $195,000 -- $99 / 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: 102972933

Oregon Datashare

APN: 10023698