1225 Corona Ave Medford, OR 97504
Estimated payment $7,945/month
Total Views
55,667
--
Bed
--
Bath
2,044
Sq Ft
$685
Price per Sq Ft
Highlights
- Contemporary Architecture
- Double Oven
- Surveillance System
- No HOA
- Attached Garage
- Tile Flooring
About This Home
This multifaceted property is located near Medford's highest population density neighborhood, Medford's sprouting financial district, and is situated about 200 feet from the Providence Medford Medical Center campus. A multitude of options are open with this luxury VRBO home on its own tax lot AND ALSO 3 additional, empty and individually sellable tax lots, all included for one price! Commercial zoning has already extended from McAndrews down Corona Avenue and the land currently abuts commercially zoned properties. Seller states that development of 32 units or a four story medical campus may be the highest and best use. Instant income is possible with its current VRBO, Airbnb, luxury rental set up with contemporary styling, custom concrete floors and fully updated throughout. Buyer to do their own due diligence on all aspects of use.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,791
Year Built
- Built in 1946
Lot Details
- 1.18 Acre Lot
- No Common Walls
- Additional Parcels
Parking
- Attached Garage
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 1-Story Property
- Dryer
Kitchen
- Double Oven
- Cooktop with Range Hood
- Dishwasher
Flooring
- Concrete
- Tile
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Wilson Elementary School
- Hedrick Middle School
- North Medford High School
Utilities
- Central Air
- Heat Pump System
Community Details
- No Home Owners Association
- Lake Wood Subdivision
Listing and Financial Details
- Assessor Parcel Number 10327596
Matterport 3D Tour
Floorplan
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,957 | $272,820 | $110,970 | $161,850 |
| 2024 | $3,957 | $264,880 | $107,730 | $157,150 |
| 2023 | $6,525 | $249,740 | $97,153 | $152,587 |
| 2022 | $6,525 | $448,460 | $310,060 | $138,400 |
| 2021 | $5,293 | $476,030 | $336,790 | $139,240 |
| 2020 | $5,181 | $352,000 | $230,030 | $121,970 |
| 2019 | $5,059 | $331,800 | $216,830 | $114,970 |
| 2018 | $4,929 | $322,140 | $210,510 | $111,630 |
| 2017 | $4,840 | $322,140 | $210,510 | $111,630 |
| 2016 | $4,792 | $298,690 | $198,430 | $100,260 |
| 2015 | $4,317 | $279,960 | $198,430 | $81,530 |
| 2014 | $3,416 | $212,540 | $187,050 | $25,490 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Price Changed | $1,400,000 | -6.7% | $685 / Sq Ft |
| 09/19/2025 09/19/25 | For Sale | $1,500,000 | -- | $734 / Sq Ft |
Source: Oregon Datashare
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Amerititle | |
| Warranty Deed | $620,000 | Amerititle | |
| Personal Reps Deed | $156,000 | Fa |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $570,000 | Seller Take Back | |
| Closed | $157,700 | Seller Take Back |
Source: Public Records
About the Listing Agent
John, being a fifth generation native to Southern Oregon, he has a deep connection to the local area. Originally from a ranching background, John is no stranger to hard work. John left the area for a short time to get his bachelor’s in science from Western Washington University which ultimately stretched, and prepared him for the real estate industry to come. During those college years, he started and ran his own successful painting company to pay for college. His first and only corporate job
John's Other Listings
Source: Oregon Datashare
MLS Number: 220209497
APN: 10327596
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