$14,500,000
SOLD JAN 17, 2025

1816 E Vilas Rd Medford, OR 97502

206.88 Acres
$70,089 Price per Acre
9,011,693 Sq Ft Lot

Recently Sold

99,900% Above List Price

About This Lot

As of January 2025

Sold only! Sizable mixed-use development property in Southern Oregon, located in the Opportunity Zone!

Last Agent to Sell the Property

Bill Leever

Pulver and Leever Real Estate License #200603385 Listed on: 02/06/2025

Last Buyer's Agent

Jeffrey Johnson

Windermere Van Vleet & Assoc2 License #200402091

Windermere Van Vleet & Assoc2

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,061

Lot Details

  • 206.88 Acre Lot
  • Additional Parcels
  • Property is zoned EFU, EFU

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10460464

Property Details

Property Type

Land

Est. Annual Taxes

$19,061

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 206.88
  • Prop. Type: Land
  • Property Sub Type: Investment
  • Subdivision Name: N/A
  • Co List Office Phone: 541-773-5391
  • MLS Status: Closed
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: EFU
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Water Source:None7: Yes
  • Sewer:None6: Yes
  • Special Features: None

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: None
  • Water Source: None
  • Utilities: None

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: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels Description: 10460547, 10460570,10460456
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 9011692.8
  • Parcel #: 10460464
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 19061.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Dec 9, 2024
Sold by
Coker Butte Development Llc and Oside Industry Llc
Bought by
Coker Butte Medford Ld Llc
Seller's Agent
Bill Leever
Pulver and Leever Real Estate
Buyer's Agent
Jeffrey Johnson
Windermere Van Vleet & Assoc2
List Price
$14,500
Sold Price
$14,500,000
Premium/Discount to List
$14,485,500
99900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-88.93%
Original Mortgage
$6,500,000
Outstanding Balance
$4,620,246
Interest Rate
1.2%
Mortgage Type
New Conventional
Estimated Equity
-$915,089

Purchase Details

Closed on
Dec 5, 2006
Sold by
Big Boys Development Llc
Bought by
Coker Butte Development Llc

Purchase Details

Closed on
Mar 30, 2005
Sold by
Vilas Investments Llc
Bought by
Big Boys Development Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $14,500,000 First American Title
Quit Claim Deed -- Accommodation
Bargain Sale Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $6,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 For Sale $4,875,200 +33522.1% --
02/06/2025 02/06/25 For Sale $14,500 -99.9% --
01/17/2025 01/17/25 Sold $14,500,000 -- --
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 $7,299 $751,052 $630,172 $120,880
2024 $7,299 $488,641 $371,271 $117,370
2023 $5,108 $401,006 $332,846 $68,160
2022 $4,988 $401,006 $332,846 $68,160
2021 $4,861 $389,328 $323,158 $66,170
2020 $2,838 $226,047 $150,487 $75,560
2019 $2,773 $213,075 $141,855 $71,220
2018 $2,703 $206,874 $137,724 $69,150
2017 $2,659 $206,874 $137,724 $69,150
2016 $2,608 $195,007 $129,827 $65,180
2015 $2,499 $195,007 $129,827 $65,180
2014 $2,462 $183,818 $122,378 $61,440
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Johnson

    Seller's Agent in 2025

    Jeffrey Johnson

    Windermere Van Vleet & Assoc2

    (541) 779-6520

    139 Total Sales

    Jeffrey Johnson
    Section Image
  • Bill Leever

    Seller's Agent in 2025

    Bill Leever

    Pulver and Leever Real Estate

    (541) 773-5391

    40 Total Sales

    Bill Leever
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220195520

Oregon Datashare

APN: 10460464

Oregon Jackson County Medford 97502

1816 E Vilas Rd, Medford, OR

This home is located at 1816 E Vilas Rd, Medford, OR 97502 and is currently priced at $14,500,000. 1816 E Vilas Rd 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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