NOT LISTED FOR SALE

1407 Severson Dr Medford, OR 97504

Estimated Value: $348,613 - $383,000

3 Beds
2 Baths
1,260 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $302,000 $240 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,105/month

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Carpet
  • No HOA
  • Central Air
  • Heating Available

About This Home

As of September 2020

Great neighborhood. Updated kitchen. Great back yard with mature landscaping.

Last Agent to Sell the Property

Douglas Morse

John L. Scott Medford Brokerage Email: dougmorsegroup@gmail.com License #900700181 Listed on: 09/28/2020

John L. Scott Medford

Last Buyer's Agent

Douglas Morse

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1978

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned SFR-4, SFR-4

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,260 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lone Pine Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Pinon Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10607548

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,361

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.19
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Pinon Hills Subdivision
  • Year Built: 1978
  • Attribution Contact: dougmorsegroup@gmail.com
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Lone Pine Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North Medford High
  • General Property Information:Zoning2: SFR-4
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Rooms:Kitchen: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Lone Pine Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 10607548
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2361.49
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Sep 17, 2020
Sold by
Rametes Lawrence N and Rametes Linda L
Bought by
Vargas Jake and Vargas Rachael
Seller's Agent
Douglas Morse
John L. Scott Medford
Buyer's Agent
Douglas Morse
John L. Scott Medford
List Price
$302,000
Sold Price
$302,000
Current Estimated Value
$363,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,653
Avg. Annual Appreciation
3.66%
Original Mortgage
$302,000
Outstanding Balance
$268,005
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$95,648

Purchase Details

Closed on
Feb 28, 2017
Sold by
Rametes Lawrence N and Rametes Linda L
Bought by
Rametes Lawrence N and Rametes Linda L

Purchase Details

Listed on
Oct 21, 2011
Closed on
Jan 24, 2012
Sold by
Olberding Debra L
Bought by
Rametes Lawrence N and Rametes Linda L
Seller's Agent
Marlene Smith
Invest Rite Realty Group, LLC
Buyer's Agent
Douglas Morse
John L. Scott Medford
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$100,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2007
Sold by
Olberding Debra L
Bought by
Olberding Debra L and Debra L Olberding Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vargas Jake $302,000 Amerititle
Rametes Lawrence N -- None Available
Rametes Lawrence N $125,000 Amerititle
Olberding Debra L -- Accommodation
Olberding Debra L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Jake $302,000
Previous Owner Rametes Lawrence N $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2020 09/24/20 Sold $302,000 0.0% $240 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $302,000 +141.6% $240 / Sq Ft
01/25/2012 01/25/12 Sold $125,000 -10.1% $99 / Sq Ft View Prior Sale
11/30/2011 11/30/11 Pending -- -- --
10/21/2011 10/21/11 For Sale $139,000 -- $110 / 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 $2,224 $159,700 $68,440 $91,260
2024 $2,224 $179,520 $75,530 $103,990
2023 $2,600 $174,300 $73,330 $100,970
2022 $2,536 $174,300 $73,330 $100,970
2021 $2,471 $169,230 $71,200 $98,030
2020 $2,419 $164,310 $69,140 $95,170
2019 $2,361 $154,890 $65,180 $89,710
2018 $2,301 $150,380 $63,280 $87,100
2017 $2,259 $150,380 $63,280 $87,100
2016 $2,274 $141,750 $59,650 $82,100
2015 $2,186 $141,750 $59,650 $82,100
2014 $2,148 $133,630 $56,230 $77,400
Source: Public Records

Agents Affiliated with this Home

  • Douglas Morse

    Seller's Agent in 2020

    Douglas Morse

    John L. Scott Medford

    (541) 734-5280

    482 Total Sales

    Douglas Morse
    Section Image

  • M

    Seller's Agent in 2012

    Marlene Smith

    Invest Rite Realty Group, LLC

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220109845

Oregon Datashare

APN: 10607548

Oregon Jackson County Medford 97504

1407 Severson Dr, Medford, OR

Not Listed for Sale

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