$350,000
$10K PRICE DROP

1550 Hancock Ave Medford, OR 97501

Southwest Medford Neighborhood

Estimated payment $2,116/month

Total Views 3,708
3 Beds
2 Baths
1,251 Sq Ft
$280 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Double Pane Windows
  • No HOA
  • 2 Car Attached Garage
  • Covered Deck

About This Home

Charming 3-Bedroom Home on Spacious Corner Lot - Perfect for First-Time Buyers or Investors! This 3-bedroom, 2-bathroom home offering 1,251 square feet of comfortable living space is nestled on a generously sized corner lot, this property combines functionality, potential, and location—all at an incredible value. Step inside to find an open floor plan with a cozy living area, a functional kitchen, and a dining, a primary bedroom features an en-suite bath, while the additional bedrooms provide flexibility for family, guests, or a home office. Outside, enjoy the expansive yard—ideal for gardening, play, or future expansion. With ample parking and room to grow, this lot offers versatility rarely found at this price point.
Whether you're a first-time homebuyer looking for a solid starter home or an investor seeking a rental or flip opportunity, this property checks all the boxes.
Don't miss your chance to own this gem—schedule a showing today!

Listing Agent

Sharon Schmelzer

eXp Realty, LLC License #201231267 Listed on: 07/25/2025

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1993

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced
  • Landscaped
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SFR-6, SFR-6

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

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

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room
  • Neighborhood Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Deck

Schools

  • South Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association
  • Lexington Village Subdivision Unit No 1

Listing and Financial Details

  • Assessor Parcel Number 10828501

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,210

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.19
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Lexington Village Subdivision Unit No 1
  • Year Built: 1993
  • Co List Office Phone: 888-814-9613
  • MLS Status: Active
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: SFR-6
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: 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:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Landscaped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
  • Roof: Composition
  • View: Neighborhood
  • Patio And Porch Features: Covered Deck
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio and Porch Features Covered Deck: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, On Street
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: South Medford High
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 10828501
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-6

Tax Info

  • Tax Annual Amount: 3209.61
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $3,210 $221,310 $67,540 $153,770
2024 $3,210 $214,870 $65,560 $149,310
2023 $2,322 $180,480 $58,470 $122,010
2022 $2,265 $180,480 $58,470 $122,010
2021 $2,207 $175,230 $56,760 $118,470
2020 $2,160 $170,130 $55,100 $115,030
2019 $2,109 $160,370 $51,940 $108,430
2018 $2,055 $155,700 $50,430 $105,270
2017 $2,018 $155,700 $50,430 $105,270
2016 $2,031 $146,770 $47,540 $99,230
2015 $1,953 $146,770 $47,540 $99,230
2014 $2,224 $138,350 $44,800 $93,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $350,000 -1.4% $280 / Sq Ft
08/07/2025 08/07/25 Price Changed $355,000 -1.4% $284 / Sq Ft
07/25/2025 07/25/25 For Sale $360,000 -- $288 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 Jackson County Title
Source: Public Records

Source: Oregon Datashare

MLS Number: 220206498

Oregon Datashare

APN: 10828051

Oregon Jackson County Medford 97501 Southwest Medford

1550 Hancock Ave, Medford, OR

This home is located at 1550 Hancock Ave, Medford, OR 97501 and is currently priced at $350,000, approximately $279 per square foot. This property was built in 1993. 1550 Hancock Ave is a home located in Jackson County with nearby schools including Griffin Creek Elementary School, McLoughlin Middle School, and South Medford High School.

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Listing Agent
Sharon Schmelzer
Section Image
eXp Realty, LLC
(458) 213-0701