NOT LISTED FOR SALE

Estimated Value: $394,000 - $637,000

9 Beds
6 Baths
3,924 Sq Ft
$136/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $490,000 $125 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,195/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Territorial View
  • No HOA

About This Home

As of January 2021

Delightful trio of units, with a charming house plus newer duplex in back. Excellent rental history. Central location near downtown, shopping and transit. Each has laundry hookups and washer/dryers. Owner has invested in upgrades including HVAC, appliances and carpeting. Home has craftsman-style features, plus off-street parking and a covered patio. Private garage for each duplex unit. Live in one and let the other two help with mortgage.

Last Agent to Sell the Property

Scott Lewis

John L. Scott Ashland Brokerage Phone: 5418218284 License #200604146 Listed on: 12/01/2020

John L. Scott Ashland

Last Buyer's Agent

Adam Rutledge

eXp Realty, LLC License #201007081

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Contemporary Architecture
  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven
  • Cooktop

Flooring

  • Wood
  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Alley Access
  • On-Street Parking

Schools

  • Washington Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 10403870

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Highland Park Addition Subdivision

Building Details

  • Professional Management Expense $2,534
  • Gross Income $38,460
  • Net Operating Income $30,719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,730

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Architectural Style: Contemporary, Cottage/Bungalow
  • Directions: Duplexes accessed by alley behind Elm Street.
  • Unit Levels: One, Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: Highland Park Addition (medford)
  • Year Built: 2005
  • Attribution Contact: 5418218284
  • Total Gross Income: 38460.0
  • Professional Management Expense: 2534.0
  • Co List Office Phone: 541-488-1311
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Washington Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: RSFR
  • General Property Information Audio Surveillance on Premises YN: No
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Utilities:Electricity Connected: Yes
  • Architectural Style CottageBungalow: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Roof Asphalt2: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Oven, Range, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Hardwood, Laminate
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • View: Territorial
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Alley Access, On Street
  • Attached Garage: No
  • Parking Features:On Street: Yes
  • Parking Features:Alley Access: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • 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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Washington Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 10403870
  • ResoLotSizeUnits: Acres
  • Zoning Description: RSFR
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 30719.0
  • Annual Operating Expense: 5212.0

Tax Info

  • Tax Annual Amount: 3729.68
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2020
Closed on
Jan 25, 2021
Sold by
6608 Table Rock Llc
Bought by
Estrella Manuel and Estrella Rebecca
Seller's Agent
Scott Lewis
John L. Scott Ashland
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Current Estimated Value
$533,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,259
Avg. Annual Appreciation
1.54%
Original Mortgage
$172,000
Outstanding Balance
$154,809
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$371,114

Purchase Details

Listed on
Mar 14, 2014
Closed on
Jun 10, 2014
Sold by
Fannie Mae
Bought by
6608 Table Rock Llc
Seller's Agent
William Allen
Keller Williams Realty Southern Oregon
Buyer's Agent
William Allen
William Allen REO Properties
List Price
$249,900
Sold Price
$228,000
Premium/Discount to List
-$21,900
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Original Mortgage
$191,250
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2014
Sold by
Macfarlane Helen
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Oct 16, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 13, 2013
Sold by
Macfarlane Helen
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Mar 27, 2006
Sold by
Macfarlane Mike
Bought by
Macfarlane Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2005
Sold by
Catalano David J and Catalano Family Trust
Bought by
Macfarlane Mike and Macfarlane Helen

Purchase Details

Closed on
Jun 1, 2005
Sold by
S & J Properties Llc
Bought by
Catalano David J and Catalano Family Trust

Purchase Details

Closed on
May 31, 2005
Sold by
Catalano David J and Catalano Family Trust
Bought by
Macfarlane Mike and Macfarlane Helen

Purchase Details

Closed on
Jan 17, 2003
Sold by
Prope Terry Timothy L and Prope Timothy L Terry Separate
Bought by
Beard James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
5.96%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Allee Gregory L and Allee Susan G
Bought by
Terry Timothy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
7.26%
Mortgage Type
Seller Take Back
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
Estrella Manuel $490,000 Ticor Title
6608 Table Rock Llc $228,000 Amerititle
Nationstar Mortgage Llc $486,426 None Available
Federal National Mortgage Association -- None Available
Nationstar Mortgage Llc $486,426 None Available
Macfarlane Helen -- None Available
Macfarlane Mike $190,000 Lawyers Title Insurance Corp
Catalano David J -- Lawyers Title Ins
Macfarlane Mike $190,000 --
Beard James $92,000 Amerititle
Terry Timothy L $76,300 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrella Manuel $172,000
Previous Owner 6608 Table Rock Llc $191,250
Previous Owner Macfarlane Mike $731
Previous Owner Macfarlane Helen $348,750
Previous Owner Mcfarlane Mike $55,500
Previous Owner Beard James $82,800
Previous Owner Terry Timothy L $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $490,000 +3.2% $125 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $475,000 +108.3% $121 / Sq Ft
06/13/2014 06/13/14 Sold $228,000 -8.8% $129 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $249,900 -- $141 / 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 $4,236 $292,050 $55,420 $236,630
2024 $4,236 $283,550 $53,800 $229,750
2023 $4,106 $275,300 $52,230 $223,070
2022 $4,006 $275,300 $52,230 $223,070
2021 $3,902 $267,290 $50,710 $216,580
2020 $3,820 $259,510 $49,230 $210,280
2019 $3,730 $244,630 $46,410 $198,220
2018 $3,634 $237,510 $45,050 $192,460
2017 $3,569 $237,510 $45,050 $192,460
2016 $3,592 $223,890 $42,470 $181,420
2015 $3,453 $223,890 $42,470 $181,420
2014 $3,392 $211,040 $40,030 $171,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220113197

Oregon Datashare

APN: 10403870