NOT LISTED FOR SALE

1263 S Peach St Medford, OR 97501

Southwest Medford Neighborhood

Estimated Value: $237,136

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold March 12, 2018

Last sale price $150,000

Est. 58% increase in value since last sale

Current estimated payment $1,409/month

77 Days on Market

About This Home

As of March 2018

Incredible Multi-Family opportunity herewith minimal effort you could have a 4-Plex or more. Also, an excellent opportunity for a possible daycare or contractor or any business with residence upstairs. Large lot with plenty of parking. Check with the City of Medford to see how this property can meet your needs.

Last Agent to Sell the Property

Dan Mollahan

John L. Scott Medford Brokerage Phone: 541-890-8714 License #940400145 Listed on: 02/08/2018

John L. Scott Medford

Co-Listed By

Toni Anderberg

John L. Scott Medford Brokerage Phone: 541-890-8714 License #200510239

Last Buyer's Agent

Terry Rasmussen

John L. Scott Medford License #890200083

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,409

Year Built

  • Built in 1940

Lot Details

  • 10,454

Home Design

  • Quadruplex
  • Frame Construction

Schools

  • Jefferson Elementary School
  • Mcloughlin Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 10,454 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10869990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,409

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: Stewart, turn South on Peach, property on the left. (Previous occupant was Burmeisters)
  • Unit Levels: Two
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1940
  • Attribution Contact: 541-890-8714
  • Co List Office Mls Id: orJLS
  • Co List Office Phone: 541-779-3611
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Jefferson Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information:Zoning2: C-C
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 10869990
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-C
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1409.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 9, 2018
Sold by
Sunset Place Llc
Bought by
Tomorrow Rus Today Inc
Seller's Agent
Dan Mollahan
John L. Scott Medford
Buyer's Agent
Terry Rasmussen
John L. Scott Medford
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%
Current Estimated Value
$237,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,136
Avg. Annual Appreciation
6.20%

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 8, 2018
Sold by
Sunset Place Llc
Bought by
Tomorrow Rus Today Inc
Seller's Agent
Dan Mollahan
John L. Scott Medford
Buyer's Agent
Terry Rasmussen
John L. Scott Medford
List Price
$185,000
Sold Price
$150,000
Premium/Discount to List
-$35,000
-18.92%

Purchase Details

Closed on
Sep 1, 2017
Sold by
River Lane Homes Inc
Bought by
Sunset Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.92%
Mortgage Type
Commercial
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
Tomorrow Rus Today Inc $150,000 First American Title
Tomorrow Rus Today Inc $150,000 First American Title
Sunset Place Llc $199,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunset Place Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2018 03/12/18 Sold $150,000 -18.9% --
02/16/2018 02/16/18 Pending -- -- --
12/01/2017 12/01/17 For Sale $185,000 -7.0% --
03/03/2017 03/03/17 Sold $199,000 0.0% $73 / Sq Ft View Prior Sale
02/06/2017 02/06/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $199,000 -- $73 / 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 $1,828 $124,700 $71,050 $53,650
2024 $1,828 $124,700 $71,050 $53,650
2023 $1,897 $122,440 $69,760 $52,680
2022 $1,825 $122,440 $69,760 $52,680
2021 $1,761 $117,720 $67,070 $50,650
2020 $1,486 $99,770 $56,840 $42,930
2019 $1,514 $99,770 $56,840 $42,930
2018 $1,520 $92,380 $52,630 $39,750
2017 $1,409 $92,380 $52,630 $39,750
2016 $1,419 $88,830 $50,610 $38,220
2015 $1,966 $90,640 $51,640 $39,000
2014 $1,932 $120,200 $69,490 $50,710
Source: Public Records

Agents Affiliated with this Home

  • Dan Mollahan

    Seller's Agent in 2018

    Dan Mollahan

    John L. Scott Medford

    (541) 890-8714

    18 in this area

    166 Total Sales

    Dan Mollahan
    Section Image
  • Toni Anderberg

    Seller Co-Listing Agent in 2018

    Toni Anderberg

    John L. Scott Medford

    (541) 944-8496

    14 in this area

    177 Total Sales

    Toni Anderberg
    Section Image
  • Terry Rasmussen

    Buyer's Agent in 2018

    Terry Rasmussen

    John L. Scott Medford

    (541) 734-5245

    5 in this area

    272 Total Sales

    Terry Rasmussen
    Section Image

  • T

    Seller's Agent in 2017

    Tami Ford

    Ford Real Estate

    (541) 227-3551

    6 Total Sales

    Tami Ford
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Tom Szczesniak

    Ford Real Estate

    (541) 622-3267

    1 in this area

    11 Total Sales

    Tom Szczesniak
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102984018

Oregon Datashare

APN: 10869990

Oregon Jackson County Medford 97501 Southwest Medford

1263 S Peach St, Medford, OR

This home is located at 1263 S Peach St, Medford, OR 97501 since 08 February 2018 and is currently estimated at $237,136. This property was built in 1940. 1263 S Peach St is a home located in Jackson County with nearby schools including Jefferson Elementary School, McLoughlin Middle School, and South Medford High School.

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