NOT LISTED FOR SALE

1597 Palermo St Medford, OR 97504

Estimated Value: $506,000 - $553,000

3 Beds
2 Baths
1,527 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 11, 2018

Last sale price $370,000 $242 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,264/month

2 Days on Market

Highlights

  • City View
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Hoover Elementary School Rated 9+
  • Vaulted Ceiling
  • Double Pane Windows

About This Home

As of May 2018

Mountain and city views welcome you to your home built by the award winning Pahlisch Homes. This home shows pride of ownership with additional custom cabinetry added to complete this over the top custom home. As you open the door to your grand entryway you are greeted by the great room accentuated by vaulted ceilings, ample natural lighting and a cozy gas fireplace. This open floor plan leads you into the designed kitchen equipped with high quality stainless steel appliances, stylish quartz countertops and a generous sized island and walk in pantry (with motion sensor lighting). Enjoy your master suite and its views of the mountains, spa ensuite bathroom and walk in closet with custom built in organizers. Don't forget your covered patio where you can relax and enjoy your private backyard and views of the mountains. Call today for your personal tour of this exceptional home. All appliances and window treatments are included, even the 55' flat screen TV.

Last Agent to Sell the Property

Kathy Adams

RE/MAX Integrity License #201210255 Listed on: 04/10/2018

RE/MAX Integrity

Last Buyer's Agent

Kristin McKean

Morninglight Properties License #201210325

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,455

Year Built

  • Built in 2016

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned SFR-4, SFR-4

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • City
  • Mountain

Home Design

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

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Patio

Schools

  • Lone Pine 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

  • Property has a Home Owners Association
  • Built by Pahlisch Homes

Listing and Financial Details

  • Assessor Parcel Number 10985977

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,455

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Contemporary
  • Directions: East on McAndrews, cross bridge over Foothills, pass water feature on R, make U-turn going left on E Veneto Cir and head back down E McAndrews, take 1st R on Sorrento, then 1st R on Palermo. Home is on the right.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Co List Office Phone: 541-773-6868
  • Outside Inclusions: R/O, DW, Frdg, W/D, TV, Wind Treat, GD
  • MLS Status: Closed
  • General Property Information Elementary School: Lone Pine 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
  • General Property Information Accessory Dwelling Unit YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • View:City3: Yes
  • Security Features:Security System Leased: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Builder Name: Pahlisch Homes
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: City, Mountain(s)
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Security System Leased, 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 Fee: 71.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 71.0

Schools

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

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 10985977
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4454.53
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 10, 2018
Sold by
Lewis Lori K
Bought by
Lund Leslie
Seller's Agent
Kathy Adams
RE/MAX Integrity
Buyer's Agent
Kristin McKean
Morninglight Properties
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$532,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,025
Avg. Annual Appreciation
5.00%
Original Mortgage
$270,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 9, 2018
Sold by
Lewis Lori K
Bought by
Lund Leslie
Seller's Agent
Kathy Adams
RE/MAX Integrity
Buyer's Agent
Kristin McKean
Morninglight Properties
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2016
Closed on
Dec 27, 2016
Sold by
Pahlisch Homes At Bella Vista Heights Li
Bought by
Lewis Lori K
Seller's Agent
Krissy MacLauchlan
John L. Scott Medford
Buyer's Agent
Claudette Moore
Windermere Van Vleet & Assoc2
List Price
$365,000
Sold Price
$325,000
Premium/Discount to List
-$40,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$72,500
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lund Leslie $370,000 First American Title
Lund Leslie $370,000 First American Title
Lewis Lori K $325,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lund Leslie $270,000
Closed Lund Leslie $270,000
Previous Owner Lewis Lori K $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2018 05/11/18 Sold $370,000 -1.3% $242 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $375,000 +15.4% $246 / Sq Ft
12/29/2016 12/29/16 Sold $325,000 -11.0% $213 / Sq Ft View Prior Sale
11/21/2016 11/21/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $365,000 -- $239 / 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 $5,288 $364,620 $139,850 $224,770
2024 $5,288 $354,000 $135,780 $218,220
2023 $5,126 $343,690 $131,820 $211,870
2022 $5,001 $343,690 $131,820 $211,870
2021 $4,872 $333,680 $127,990 $205,690
2020 $4,769 $323,970 $124,260 $199,710
2019 $4,656 $305,380 $117,120 $188,260
2018 $4,537 $296,490 $113,710 $182,780
2017 $4,455 $296,490 $113,710 $182,780
2016 $1,301 $81,070 $81,070 $0
2015 $1,250 $81,070 $81,070 $0
2014 $1,228 $76,420 $76,420 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102987944

Oregon Datashare

APN: 10985977