NOT LISTED FOR SALE

1551 Ridge Way Medford, OR 97504

Estimated Value: $630,000 - $689,000

4 Beds
3 Baths
3,031 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $289,500 $96 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,311/month

182 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Main Floor Primary Bedroom
  • City View
  • Contemporary Architecture
  • No HOA

About This Home

As of July 2014

Imagine coming home to this close to downtown property with great views. From the west side there are views of both table rocks, and the City, or sit out on the covered back deck and enjoy those same views. The master bedroom suite boasts a large walk-in closet, a large soaker tub and an extra large shower. Need room for toys? This showcase has a separate driveway for R.V. Parking, and a drive through high-ceilinged garage with room for 6 cars plus a nice shop. Come see this fantastic buy on a 4 Bedroom 3 Bath home before it's gone.

Last Agent to Sell the Property

Geoff O'neill

John L. Scott Medford Brokerage Phone: 541-941-4287 License #200208122 Listed on: 05/28/2014

John L. Scott Medford

Last Buyer's Agent

Renee Spahn

John L. Scott Medford License #200203027

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 1999

Lot Details

  • 0.31 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned SFR-4, SFR-4

Parking

  • 4 Car Attached Garage
  • RV Access or Parking

Property Views

  • City
  • Mountain
  • Valley

Home Design

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

Interior Spaces

  • 3,031 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Natural lighting in basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Schools

  • Roosevelt Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10909141

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,918

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Architectural Style: Contemporary
  • Directions: From Sunrise take Ridge Way WEST, from Berkeley take Ridge Way EAST.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 0.31
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Attribution Contact: 541-941-4287
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Roosevelt Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North Medford High
  • General Property Information:Zoning2: SFR-4
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Workshop: Yes
  • Flooring:Vinyl: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • View:Valley: Yes
  • View:City3: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Disposal, Water Heater
  • Has Basement: Daylight
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Primary Downstairs
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level, Sloped
  • Other Structures: Workshop
  • Roof: Composition
  • View: City, Mountain(s), Valley
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sloped: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, RV Access/Parking
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 10909141
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4917.5
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jun 30, 2014
Sold by
Rogue Federal Credit Union
Bought by
Simeona Bruce K
Seller's Agent
Geoff O'neill
John L. Scott Medford
Buyer's Agent
Renee Spahn
John L. Scott Medford
List Price
$319,900
Sold Price
$289,500
Premium/Discount to List
-$30,400
-9.5%
Current Estimated Value
$669,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,198
Avg. Annual Appreciation
7.75%
Original Mortgage
$284,187
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2013
Sold by
Hammond David B
Bought by
Rogue Federal Credit Union

Purchase Details

Closed on
Jun 19, 2007
Sold by
Jones Robert Allen
Bought by
Jones Deanna Lynn

Purchase Details

Closed on
Dec 29, 2004
Sold by
Hammond David B and Hammond Irena N
Bought by
Hammond David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2002
Sold by
Hammond David B and Hammond Irena N
Bought by
Hammond Irena N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,300
Interest Rate
6.28%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Hammond Irena N
Bought by
Hammond David B and Hammond Irena N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
8.67%

Purchase Details

Closed on
Jan 20, 2000
Sold by
Hammond David B
Bought by
Hammond David B and Hammond Irena N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.84%

Purchase Details

Closed on
Nov 8, 1999
Sold by
T Brace Co Inc Profit Sharing Plan Trust and Carrigan Gordon R
Bought by
Peterson Md Earl and Peterson Charlotte

Purchase Details

Closed on
Oct 15, 1999
Sold by
Buntin Terry and Chamberlain Jeffrey
Bought by
T Brace Co Inc Profit Sharing Plan Trust and Carrigan Gordon R

Purchase Details

Closed on
May 27, 1999
Sold by
Buntin Terry and Chamberlain Jeffrey
Bought by
Hammond David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 19, 1999
Sold by
Buntin Terry and Chamberlain Jeffrey
Bought by
Buntin Terry and Buntin Diane

Purchase Details

Closed on
Dec 15, 1998
Sold by
Buntin Terry and Chamberlain Jeffrey
Bought by
Buntin Terry and Chamberlain Jeffrey
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
Simeona Bruce K $289,500 First American Title
Rogue Federal Credit Union $345,000 Fa
Jones Deanna Lynn -- None Available
Hammond David B -- --
Hammond Irena N -- Amerititle
Hammond David B -- Amerititle
Hammond Irena N -- --
Hammond David B -- Crater Title Insurance
Peterson Md Earl $59,900 Jackson County Title
T Brace Co Inc Profit Sharing Plan Trust $50,000 Jackson County Title
Hammond David B $69,900 Jackson County Title
Buntin Terry $74,000 Jackson County Title
Buntin Terry -- Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simeona Bruce K $314,044
Closed Simeona Bruce K $281,700
Closed Simeona Bruce K $284,187
Previous Owner Hammond David B $100,000
Previous Owner Hammond David B $50,000
Previous Owner Hammond David B $30,000
Previous Owner Hammond Irena N $252,300
Previous Owner Hammond Irena N $251,250
Previous Owner Hammond David B $40,000
Previous Owner Hammond David B $167,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $289,500 -9.5% $96 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $319,900 -- $106 / 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 $7,359 $507,390 $167,830 $339,560
2024 $7,359 $492,620 $162,940 $329,680
2023 $7,133 $478,280 $158,190 $320,090
2022 $6,959 $478,280 $158,190 $320,090
2021 $6,779 $464,350 $153,580 $310,770
2020 $6,636 $450,830 $149,100 $301,730
2019 $6,479 $424,960 $140,540 $284,420
2018 $6,313 $412,590 $136,440 $276,150
2017 $6,199 $412,590 $136,440 $276,150
2016 $6,240 $388,920 $128,610 $260,310
2015 $5,998 $388,920 $128,610 $260,310
2014 $5,865 $366,610 $121,240 $245,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102943050

Oregon Datashare

APN: 10909141