NOT LISTED FOR SALE

Estimated Value: $480,000 - $536,488

6 Beds
4 Baths
2,418 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $475,100 $196 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,125/month

4 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Cooling Available
  • Traditional Architecture
  • Attached Garage
  • Fenced

About This Home

As of March 2023

Investors! Seize the opportunity to own a spacious duplex in a popular South Medford neighborhood! This is the perfect investment for those with a vision for renovation. Both units feature a primary suite on the first floor, two spacious bedrooms upstairs, and a large fenced backyard. The location is unbeatable, minutes away from parks, schools, and shopping centers. Don't miss this chance to invest in a property with endless potential. Come see for yourself why 1496 Clearsprings Dr is the perfect investment opportunity for you!

Last Agent to Sell the Property

Brian Simmons - eXp Realty

eXp Realty LLC License #201223850 Listed on: 03/03/2023

Last Buyer's Agent

JJ Kramer

John L. Scott Medford License #200112030

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 2002

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Vinyl

Parking

  • Attached Garage
  • Shared Driveway
  • On-Street Parking

Schools

  • Griffin Creek Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Dixie Estates Subdivision

Listing and Financial Details

  • Property held in a trust
  • Tax Lot 13000
  • Assessor Parcel Number 1-0957380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,711

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Turn on Dixie Ln. (across from S. Medford High School main entrance), LEFT on Avalon Dr., RIGHT on Clearsprings Dr.
  • Unit Levels: Two
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: Dixie Estates Subdivision
  • Year Built: 2002
  • Co List Office Phone: 888-814-9613
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Griffin Creek Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: Sfr-10
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 13000
  • General Property Information New Construction YN: No
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions Trust: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Attached, Driveway, On Street, Shared Driveway
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Griffin Creek Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 1-0957380
  • ResoLotSizeUnits: Acres
  • Zoning Description: Sfr-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3710.85
  • Tax Lot: 13000
  • Tax Map Number: 372W36CB
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 16, 2023
Sold by
William D Langston Shirley J Langston Re
Bought by
Mje Investments Llc
Seller's Agent
Brian Simmons - eXp Realty
eXp Realty LLC
Buyer's Agent
JJ Kramer
John L. Scott Medford
List Price
$450,000
Sold Price
$475,100
Premium/Discount to List
$25,100
5.58%
Views
77
Current Estimated Value
$507,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,522
Avg. Annual Appreciation
1.82%

Purchase Details

Closed on
Nov 14, 2021
Sold by
Langston Shirley J
Bought by
Langston Shirley J and Langston William D

Purchase Details

Closed on
May 22, 2002
Sold by
Mt Valley Assoc Llc
Bought by
Langston Shirley J

Purchase Details

Closed on
Nov 15, 2001
Sold by
Dixie Llc
Bought by
Mountain Valley Assoc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.62%
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
Mje Investments Llc $475,100 Ticor Title
Langston Shirley J -- None Available
Langston Shirley J $235,000 Jackson County Title
Mountain Valley Assoc Llc $52,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mountain Valley Assoc Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $475,100 +5.6% $196 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $450,000 -- $186 / 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 $4,305 $296,860 $79,860 $217,000
2024 $4,305 $288,220 $77,530 $210,690
2023 $4,173 $279,830 $75,260 $204,570
2022 $3,711 $279,830 $75,260 $204,570
2021 $3,615 $271,680 $73,080 $198,600
2020 $3,538 $263,770 $70,950 $192,820
2019 $3,455 $248,640 $66,870 $181,770
2018 $3,366 $241,400 $57,080 $184,320
2017 $3,306 $241,400 $57,080 $184,320
2016 $3,327 $227,550 $53,800 $173,750
2015 $3,198 $227,550 $53,800 $173,750
2014 $3,142 $214,500 $50,710 $163,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220160025

Oregon Datashare

APN: 10957380