NOT LISTED FOR SALE

1902 Springbrook Rd Medford, OR 97504

Estimated Value: $506,000 - $564,968

5 Beds
5 Baths
2,681 Sq Ft
$197/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $350,435 $131 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,234/month

4 Days on Market

About This Home

As of February 2020

Fantastic investment opportunity with solid rental history in a great Medford location (Lone Pine Elementary). This duplex consists of one 3 bedroom/2.5 bathroom unit and one 2 bedroom/2 bathroom unit. Each unit has it's own garage, washer/dryer hook-ups and large, private backyard. The duplex is located on a large (.22 acre) flag lot, allowing for quiet and space. There is space for RV parking as well. Both units have a solid rental history and financials are available for interested parties. Mirror image duplex is located across the parking lot and is available for purchase separately (MLS 3008615), creating even more income opportunity. Don't miss this opportunity to invest in the growing city of Medford!

Last Agent to Sell the Property

Eric Poole

Full Circle Real Estate Brokerage Phone: 541-951-5711 License #200212183 Listed on: 12/03/2019

Co-Listed By

Mark Philhower

Full Circle Real Estate Brokerage Phone: 541-951-5711 License #200402274

Last Buyer's Agent

Randy McBee

John L. Scott Medford License #940500216

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,234

Year Built

  • Built in 1996

Lot Details

  • 9,583

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Lone Pine Elementary School
  • Hedrick Middle School

Utilities

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

Additional Features

  • 2-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $24,600

Listing and Financial Details

  • Assessor Parcel Number 10883611

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,234

Year Built

Built in 1996

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Directions: Take E. McAndrews Rd. east and then turn left on Springbrook. Duplex is on a flag lot across from North Medford High School. Look for sign.
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1996
  • Attribution Contact: 541-951-5711
  • Total Gross Income: 24600.0
  • Co List Office Mls Id: orFCRE
  • Co List Office Phone: 541-482-6868
  • Co List Office Phone: 541-482-6868
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Lone Pine Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: SFR-4
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Elementary School: Lone Pine Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10883611
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4234.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Jan 23, 2020
Sold by
Steele James L
Bought by
Hurd Ryan W and Hurd Kristyn
Seller's Agent
Eric Poole
Full Circle Real Estate
Buyer's Agent
Randy McBee
John L. Scott Medford
List Price
$359,000
Sold Price
$350,435
Premium/Discount to List
-$8,565
-2.39%
Current Estimated Value
$528,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,307
Avg. Annual Appreciation
6.95%
Original Mortgage
$344,086
Outstanding Balance
$301,437
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$227,305

Purchase Details

Closed on
Mar 15, 2017
Sold by
Steele James L
Bought by
Steele James L

Purchase Details

Closed on
Apr 19, 2006
Sold by
Steele Sydney M and Steele Olive E
Bought by
Steele Sydney Morris and Sydney Morris Steele Trust
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hurd Ryan W $350,435 First American Title
Steele James L -- None Available
Steele Sydney Morris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurd Ryan W $344,086
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $350,435 -2.4% $131 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $359,000 -- $134 / Sq Ft
Source: Oregon Datashare

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
2026 $4,911 $341,480 -- --
2025 $4,808 $331,540 $134,080 $197,460
2024 $4,808 $321,890 $130,180 $191,710
2023 $4,661 $312,520 $126,390 $186,130
2022 $4,547 $312,520 $126,390 $186,130
2021 $4,430 $303,420 $122,710 $180,710
2020 $4,336 $294,590 $119,140 $175,450
2019 $4,234 $277,680 $112,300 $165,380
2018 $4,125 $269,600 $109,030 $160,570
2017 $4,051 $269,600 $109,030 $160,570
2016 $4,077 $254,130 $102,770 $151,360
2015 $3,919 $254,130 $102,770 $151,360
2014 $3,850 $239,550 $96,870 $142,680
Source: Public Records

Agents Affiliated with this Home

  • Eric Poole

    Seller's Agent in 2020

    Eric Poole

    Full Circle Real Estate

    (541) 951-5711

    274 Total Sales

    Eric Poole
    Section Image
  • Mark Philhower

    Seller Co-Listing Agent in 2020

    Mark Philhower

    Full Circle Real Estate

    (541) 324-9736

    157 Total Sales

    Mark Philhower
    Section Image
  • Randy McBee

    Buyer's Agent in 2020

    Randy McBee

    John L. Scott Medford

    (541) 774-5631

    79 Total Sales

    Randy McBee
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 103008616

Oregon Datashare

APN: 10883611

Oregon Jackson County Medford 97504

1902 Springbrook Rd, Medford, OR

Not Listed for Sale

MultiFamily

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