NOT LISTED FOR SALE

1265 Thomas Rd Medford, OR 97501

Southwest Medford Neighborhood

Estimated Value: $206,000 - $222,169

1 Bed
1 Bath
600 Sq Ft
$358/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $210,000 $350 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,261/month

1 Day on Market

Highlights

  • No Units Above
  • Bonus Room
  • Neighborhood Views
  • Main Floor Primary Bedroom
  • No HOA
  • Cottage

About This Home

As of February 2024

Prime investment opportunity! This one-bedroom cottage has an additional fully finished upstairs space currently being used as a second bedroom that is NOT included in the official square footage! Located near new developments in the desirable south Medford area. Home is situated at the front corner of the lot, leaving plenty of room for possible additional units to be added to the property OR a potential flag lot opportunity. Could also possibly be subdivided into additional tax lots. Home has deferred maintenance and is being sold AS-IS, which is reflected in the pricing. Long-term tenant on a month-to-month lease. Buyer responsible for all due diligence as to the intended uses of the property, no guarantees expressed or implied are intended. DO NOT DISTURB TENANT.

Last Agent to Sell the Property

Celia Roy

Ford Real Estate License #201220488 Listed on: 01/05/2024

Last Buyer's Agent

x Non-SOMLS REALTOR

No Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1920

Lot Details

  • 11,326 Sq Ft Lot
  • No Common Walls
  • No Units Located Below
  • Level Lot
  • Property is zoned Sr-2 5, Sr-2 5

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Bonus Room
  • Carpet
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Carport
  • Driveway

Outdoor Features

  • Shed

Schools

  • Oak Grove Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Shared Well
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Tax Lot 700
  • Assessor Parcel Number 10438696

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,283

Year Built

Built in 1920

Lot Details

0.26 Acres

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.26
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1920
  • Co List Office Phone: 541-773-2088
  • MLS Status: Closed
  • General Property Information Elementary School: Oak Grove Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: Sr-2 5
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Location Tax and Legal:Tax Lot: 700
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Common Walls:No Common Walls: Yes
  • Foundation Details Block2: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Water Source Shared Well: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Other Rooms:Bonus Room: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: No Common Walls, No One Above, No One Below
  • Construction Type: Frame
  • Foundation Details: Block
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenant's personal property
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Attached Carport, Driveway
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Shared Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 10438696
  • ResoLotSizeUnits: Acres
  • Zoning Description: Sr-2 5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1282.96
  • Tax Lot: 700
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 8, 2024
Sold by
Palmer Valerie Jean
Bought by
Martinez Lidia Salgado
Seller's Agent
Celia Roy
Ford Real Estate
Buyer's Agent
x Non-SOMLS REALTOR
No Office
List Price
$200,000
Sold Price
$210,000
Premium/Discount to List
$10,000
5%
Views
22
Current Estimated Value
$214,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,792
Avg. Annual Appreciation
1.06%
Original Mortgage
$168,000
Outstanding Balance
$164,533
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$50,259
Source: Public Records
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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
Martinez Lidia Salgado $210,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Lidia Salgado $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $210,000 +5.0% $350 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $200,000 -- $333 / Sq Ft
Source: Oregon Datashare

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
2026 $1,350 $115,730 -- --
2025 $1,324 $112,360 $99,460 $12,900
2024 $1,324 $109,090 $96,570 $12,520
2023 $1,283 $105,920 $93,760 $12,160
2022 $1,253 $105,920 $93,760 $12,160
2021 $1,222 $102,840 $91,030 $11,810
2020 $1,193 $99,850 $88,380 $11,470
2019 $1,166 $94,130 $83,310 $10,820
2018 $1,137 $91,390 $80,890 $10,500
2017 $1,119 $91,390 $80,890 $10,500
2016 $1,098 $86,150 $76,260 $9,890
2015 $1,052 $86,150 $76,260 $9,890
2014 $1,019 $81,220 $71,900 $9,320
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Celia Roy

    Ford Real Estate

    (541) 951-3692

    2 in this area

    15 Total Sales

    Celia Roy
    Section Image

  • x

    Buyer's Agent in 2024

    x Non-SOMLS REALTOR

    No Office

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220175449

Oregon Datashare

APN: 10438696

Oregon Jackson County Medford 97501 Southwest Medford

1265 Thomas Rd, Medford, OR

Not Listed for Sale

Detached

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