NOT LISTED FOR SALE

1805 Thomas Rd Medford, OR 97501

Southwest Medford Neighborhood

Estimated Value: $139,000 - $391,000

-- Bed
4 Baths
2,454 Sq Ft
$118/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $356,171 $145 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,549/month

78 Days on Market

Highlights

  • 1.51 Acre Lot
  • Wood Flooring
  • Detached Garage
  • Contemporary Architecture
  • No HOA
  • 1-Story Property

About This Home

As of December 2020

Investors & builders special! Here is a property that has 1.51 acres w/ 3 grandfathered in rentals. There is a lot of potential here for development or for someone who would like property that has room for a personal home & ADU income. Property has 2 stick built homes, & a mobile home on it currently. Main home is a 2 BD/ 2 BA about 1134 sq ft w/ its own W/D hookups in the kitchen. Second stick built home is near the back w/ a carport off of it as well. This home is a 2BD/ 1 BA w/ its own W/S hookups in the main bath. Last ADU on the property is a single wide mobile home w/ 1 BD/ 1 BA & private fenced back yard. There is also a large shop near the back of the property for storage. Ample parking with the U shaped gravel drive, RV parking and 50 AMP hookup. Property has 2 wells & a 1000 gallon holding tank. Each unit is on an individual water & electrical meter. Buyers to verify current uses & any future property uses.

Last Agent to Sell the Property

Jake Rockwell

eXp Realty, LLC License #201207277 Listed on: 04/06/2020

eXp Realty, LLC

Co-Listed By

JR Candy

eXp Realty, LLC License #201217995

Last Buyer's Agent

Armando and Lis Enciso

i5 Real Estate License #201221371

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,308

Year Built

  • Built in 1946

Lot Details

  • 1.51 Acre Lot
  • No Common Walls

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Parking

  • Detached Garage
  • Gravel Driveway

Schools

  • Griffin Creek Elementary School
  • Mcloughlin Middle School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Wall Furnace
  • Well

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Exclusions: Tenants Property
  • Property held in a trust
  • Tax Lot 1300
  • Assessor Parcel Number 10440108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,308

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Architectural Style: Contemporary, Other
  • Directions: West on Stuart Ave. to Thomas Rd., go left, almost to Sunset on left.
  • Unit Levels: One
  • Lot Size Acres: 1.51
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: N/A
  • Year Built: 1946
  • Co List Office Mls Id: orEXP4
  • Co List Office Phone: 888-814-9613
  • Co List Office Phone: 888-814-9613
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Griffin Creek Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information:Zoning2: RR-2.5
  • General Property Information Audio Surveillance on Premises YN: No
  • Location Tax and Legal:Tax Lot: 1300
  • General Property Information New Construction YN: No
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Water Source:Well: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • RoofRubber: Yes
  • Special Listing Conditions Trust: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Other
  • Roof: Composition, Rubber
  • Exclusions: Tenants Property
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Detached, Gravel
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air, Wall Furnace, Other
  • Sewer: Other
  • Water Source: Well
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Griffin Creek Elem
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 65775.6
  • Parcel #: 10440108
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-2.5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2308.32
  • Tax Lot: 1300
  • Tax Map Number: 37S / 02W / 35 / SE
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2020
Closed on
Dec 15, 2020
Sold by
Buss Dennis Alvin and The Buss Living Trust
Bought by
Cortes Shelisa D and Cortes Valle Francisco
Seller's Agent
Jake Rockwell
eXp Realty, LLC
Buyer's Agent
Armando and Lis Enciso
i5 Real Estate
List Price
$375,000
Sold Price
$356,171
Premium/Discount to List
-$18,829
-5.02%
Current Estimated Value
$290,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,504
Avg. Annual Appreciation
-4.14%
Original Mortgage
$335,775
Outstanding Balance
$299,473
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
-$8,806
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
Cortes Shelisa D $356,171 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortes Shelisa D $335,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $356,171 -5.0% $145 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $375,000 -- $153 / 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 $94 $7,140 -- $7,140
2024 $94 $6,940 -- $6,940
2023 $90 $6,740 -- $6,740
2022 $90 $6,740 $0 $6,740
2021 $32 $2,040 $0 $2,040
2020 $31 $1,880 $0 $1,880
2019 $26 $1,590 $0 $1,590
2018 $28 $1,520 $0 $1,520
2017 $26 $1,520 $0 $1,520
2016 $26 $1,530 $0 $1,530
2015 $24 $1,500 $0 $1,500
2014 $24 $1,470 $0 $1,470
Source: Public Records

Agents Affiliated with this Home

  • Jake Rockwell

    Seller's Agent in 2020

    Jake Rockwell

    eXp Realty, LLC

    (541) 292-6962

    10 in this area

    205 Total Sales

    Jake Rockwell
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    JR Candy

    eXp Realty, LLC

    Section Image

  • A

    Buyer's Agent in 2020

    Armando and Lis Enciso

    i5 Real Estate

    (541) 973-1515

    8 in this area

    108 Total Sales

    Armando and Lis Enciso
    Section Image

  • L

    Buyer Co-Listing Agent in 2020

    Lisandra Palomino

    eXp Realty LLC

    (541) 778-1852

    6 in this area

    51 Total Sales

    Lisandra Palomino
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 103012215

Oregon Datashare

APN: 30047352

Oregon Jackson County Medford 97501 Southwest Medford

1805 Thomas Rd, Medford, OR

This home is located at 1805 Thomas Rd, Medford, OR 97501 since 06 April 2020 and is currently estimated at $290,667, approximately $118 per square foot. This property was built in 1946. 1805 Thomas Rd 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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