NOT LISTED FOR SALE

1519 Hollyhock Dr Medford, OR 97504

North Medford Neighborhood

Estimated Value: $787,000 - $866,000

8 Beds
6 Baths
4,664 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $570,000 $122 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,849/month

43 Days on Market

About This Home

As of October 2019

Great Medford Fourplex Investment in Canterbury Park! 1998-built two-story complex on 1/4 acre lot is ideal for small investment or 1031 exchange. Each unit is approximately 1,150 square feet with two bedrooms, 1.5 baths, open kitchen/living/dining, small deck off the dining room slider, tall ceilings, good storage, extra space in the master bedrooms, gas heat and central air. Paved parking, nice trees, covered carport spaces, separate gas and electric meters. Well maintained single-owner property that has long-term tenants and upside rent potential. Priced to Sell So Don't Miss It.

Last Agent to Sell the Property

Rick Harris

John L. Scott Ashland Brokerage Phone: 541-951-2323 License #890100068 Listed on: 09/16/2019

John L. Scott Ashland

Co-Listed By

Rachelle Beveridge

John L. Scott Ashland Brokerage Phone: 541-951-2323 License #201208296

Last Buyer's Agent

Karen Mezzetta

Windermere Van Vleet & Assoc2 License #990200065

Windermere Van Vleet & Assoc2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 1998

Lot Details

  • 10,454

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Kennedy Elementary School
  • Hedrick Middle School

Utilities

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

Additional Features

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

Listing and Financial Details

  • Exclusions: Tenants Property including Washer/Dryers
  • Assessor Parcel Number 10884828

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $44,400
  • Net Operating Income $29,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,577

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: North on Crater lake Avenue, right on Owen, left on Arrowhead, left on Hollyhock.
  • Unit Levels: Two
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1998
  • Attribution Contact: 541-951-2323
  • Total Gross Income: 44400.0
  • Co List Office Mls Id: orPRO3
  • Co List Office Phone: 541-482-5590
  • Co List Office Phone: 541-488-1311
  • Outside Inclusions: 4 refrigerators, 4 range/ovens
  • MLS Status: Closed
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: MFR-20PD
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants Property including Washer/Dryers
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Elementary School: Kennedy Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 10884828
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20PD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 29996.0
  • Annual Operating Expense: 14404.0

Tax Info

  • Tax Annual Amount: 5577.41
  • Tax Year: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Oct 17, 2019
Sold by
Schloming Jennifer J and Schloming Rlt Jennifer J
Bought by
Freitag Thomas
Seller's Agent
Rick Harris
John L. Scott Ashland
Buyer's Agent
Karen Mezzetta
Windermere Van Vleet & Assoc2
List Price
$569,900
Sold Price
$570,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$786,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,725
Avg. Annual Appreciation
6.03%
Original Mortgage
$559,675
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2009
Sold by
Schloming Jennifer J
Bought by
Schloming Jennifer J and Jennifer J Schloming Revocable Living Tr

Purchase Details

Closed on
May 1, 1998
Sold by
Ltc Exchange Company
Bought by
Schloming Jennifer J

Purchase Details

Closed on
Jan 2, 1998
Sold by
Galpin Llc
Bought by
Ltc Exchange Company

Purchase Details

Closed on
Dec 29, 1997
Sold by
Canterbury Park Sub Joint
Bought by
Galpin C A
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
Freitag Thomas $570,000 First American
Schloming Jennifer J -- None Available
Schloming Jennifer J -- --
Ltc Exchange Company $50,900 Jackson County Title
Galpin C A $28,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freitag Thomas $552,866
Closed Freitag Thomas $559,675
Previous Owner Schloming Jennifer J $157,000
Previous Owner Schloming Jennifer J $180,504
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $570,000 0.0% $122 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $569,900 -- $122 / 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 $6,501 $448,270 $103,350 $344,920
2024 $6,501 $435,220 $100,340 $334,880
2023 $6,302 $422,550 $97,410 $325,140
2022 $6,148 $422,550 $97,410 $325,140
2021 $5,989 $410,250 $94,570 $315,680
2020 $5,863 $398,310 $91,820 $306,490
2019 $5,724 $375,450 $86,550 $288,900
2018 $5,577 $364,520 $84,030 $280,490
2017 $5,477 $364,520 $84,030 $280,490
2016 $5,513 $343,610 $79,210 $264,400
2015 $5,299 $343,610 $79,210 $264,400
2014 $5,206 $323,900 $74,660 $249,240
Source: Public Records

Agents Affiliated with this Home

  • Rick Harris

    Seller's Agent in 2019

    Rick Harris

    John L. Scott Ashland

    (541) 840-2266

    2 in this area

    180 Total Sales

    Section Image
  • Rachelle Beveridge

    Seller Co-Listing Agent in 2019

    Rachelle Beveridge

    John L. Scott Ashland

    (541) 778-9608

    2 in this area

    150 Total Sales

    Section Image

  • K

    Buyer's Agent in 2019

    Karen Mezzetta

    Windermere Van Vleet & Assoc2

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 103005270

Oregon Datashare

APN: 10884828

Oregon Jackson County Medford 97504 North Medford

1519 Hollyhock Dr, Medford, OR

This home is located at 1519 Hollyhock Dr, Medford, OR 97504 since 16 September 2019 and is currently estimated at $807,414, approximately $173 per square foot. This property was built in 1998. 1519 Hollyhock Dr is a home located in Jackson County with nearby schools including Kennedy Elementary School, Hedrick Middle School, and North Medford High School.

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