NOT LISTED FOR SALE

1501 Satellite Dr Medford, OR 97504

Estimated Value: $1,277,000 - $1,354,000

6 Beds
3.5 Baths
5,426 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $1,197,500 $221 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,452/month

Highlights

  • Spa
  • Panoramic View
  • Vaulted Ceiling
  • RV Garage
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of June 2021

Incredible views from this well built custom home. Construction and engineered to the highest standard. Tall ceilings highlight the large windows to capture the breathtaking views. Large island in kitchen. Inlayed wood floor in the formal dining. Oversized master bath with jetted tub and separate showers. Large walk-in closets. Central vacuum system. Intercom and security system. Large inground pool with panoramic views of the valley. Oversized RV garage with 2 bays for parking toys. Too much to include A must see to believe.

Last Agent to Sell the Property

Shelly Culbertson

John L. Scott Medford Brokerage Phone: 541-621-1602 License #201209590 Listed on: 06/07/2021

John L. Scott Medford

Last Buyer's Agent

JJ Kramer

John L. Scott Medford License #200112030

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,044

Year Built

  • Built in 1999

Lot Details

  • 1.5 Acre Lot
  • Fenced
  • Landscaped
  • Native Plants
  • Corner Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SFR-4, SFR-4

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • RV Garage

Property Views

  • Panoramic
  • Mountain
  • Territorial
  • Valley

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,426 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Pool

Schools

  • Abraham Lincoln Elementary School
  • Hedrick Middle School
  • North Medford High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1505621

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,044

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 1.5
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1999
  • Attribution Contact: 541-621-1602
  • 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: Abraham Lincoln 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
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 1
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Flooring:Hardwood: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Rooms:Office2: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Rooms:Great Room2: Yes
  • View:Valley: Yes
  • Other Structures RVBoat Storage2: Yes
  • Rooms:Breakfast Nook: Yes
  • Security Features:Security System Owned: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Has Basement: Daylight, Exterior Entry, Finished, Full, Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Double Vanity, In-Law Floorplan, Jetted Tub, Kitchen Island, Pantry, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room2: Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement Finished: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Jetted Tub: Yes
  • Rooms Jack and Jill Bath: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Basement:Unfinished: Yes
  • Full Basement: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio, Pool, RV Hookup, Spa/Hot Tub
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced, Landscaped, Level, Native Plants, Sloped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
  • Other Structures: RV/Boat Storage
  • Roof: Composition
  • View: Mountain(s), Panoramic, Territorial, Valley
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Native Plants: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • View:Panoramic: Yes
  • Exterior Features:Pool2: Yes
  • Exterior Features:RV Hookup: Yes
  • Exterior Features:SpaHot Tub2: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Driveway, Garage Door Opener, On Street, RV Garage
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV Garage: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Abraham Lincoln Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 65340.0
  • Parcel #: 1505621
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13043.79
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jun 2, 2021
Sold by
Burke Edward and Burke Stefanie
Bought by
Hina Hospitalities Llc
Seller's Agent
Shelly Culbertson
John L. Scott Medford
Buyer's Agent
JJ Kramer
John L. Scott Medford
List Price
$1,200,000
Sold Price
$1,197,500
Premium/Discount to List
-$2,500
-0.21%
Current Estimated Value
$1,325,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,117
Avg. Annual Appreciation
2.44%

Purchase Details

Listed on
Oct 11, 2013
Closed on
Mar 12, 2014
Sold by
Shaw Jeffrey K and Shaw Robin I
Bought by
Burke Edward and Burke Stefanie
Seller's Agent
Ron Galbreath
Coldwell Banker Pro West R.E.
Buyer's Agent
Jennifer McLaughlin
John L. Scott Medford
List Price
$599,900
Sold Price
$557,900
Premium/Discount to List
-$42,000
-7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
Original Mortgage
$454,320
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Jacobs John and Bousquette Matthew C
Bought by
Shaw Jeffrey K and Shaw Robin I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Jennings Sarelda R
Bought by
Jacobs John and Bousquette Matthew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
4.75%

Purchase Details

Closed on
Nov 10, 1999
Sold by
Bdl Partnership
Bought by
Jennings Wayne E and Jennings Sarelda R
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
Hina Hospitalities Llc $1,197,500 First American Title
Burke Edward $557,900 Ticor Title Company Oregon
Shaw Jeffrey K $900,000 Lawyers Title Ins
Jacobs John $805,000 Lawyers Title Insurance Corp
Jennings Wayne E $150,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hina Hospitalities Llc $927,500
Previous Owner Burke Edward $646,000
Previous Owner Burke Stefanie $230,103
Previous Owner Burke Edward $454,320
Previous Owner Shaw Jeffrey K $630,000
Previous Owner Jacobs John $644,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $1,197,500 -0.2% $221 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,200,000 +115.1% $221 / Sq Ft
03/14/2014 03/14/14 Sold $557,900 -7.0% $103 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $599,900 -- $111 / 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 $14,912 $1,028,220 $305,820 $722,400
2024 $14,912 $998,280 $296,910 $701,370
2023 $14,455 $969,210 $288,260 $680,950
2022 $14,102 $969,210 $288,260 $680,950
2021 $13,738 $940,990 $279,860 $661,130
2020 $13,447 $913,590 $271,710 $641,880
2019 $13,129 $861,160 $256,110 $605,050
2018 $12,793 $836,080 $248,650 $587,430
2017 $12,562 $836,080 $248,650 $587,430
2016 $12,183 $759,390 $234,360 $525,030
2015 $11,711 $738,400 $274,510 $463,890
2014 -- $711,410 $258,900 $452,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220124366

Oregon Datashare

APN: 10505621