$220,000
SOLD SEP 12, 2024

1938 W Stewart Ave Medford, OR 97501

2 Beds
1 Bath
788 Sq Ft
0.37 Acres

Recently Sold

$279 Per Sq Ft

8% Below List Price

40 Days on Market

Highlights

  • No HOA
  • Wood Frame Window
  • Living Room
  • Cottage
  • Cooling Available
  • 1-Story Property

About This Home

As of September 2024

This property presents a unique opportunity for investors & developers to capitalize on Medford's growing real estate market & the new MFR-30 zoning. Whether you aim
to develop, invest, or hold, the possibilities for this 2 bedroom, 1 bath cottage on .37 acre are numerous. Secure your foothold in a revitalizing area with promising growth
& development prospects. Currently rented month to month, this is a prime investment opportunity.

Last Agent to Sell the Property

James Harbison

John L. Scott Medford Brokerage Phone: 541-601-3544 License #200103023 Listed on: 05/31/2024

John L. Scott Medford

Co-Listed By

Geoff O'neill

John L. Scott Medford Brokerage Phone: 541-601-3544 License #200208122

Last Buyer's Agent

Dylan Schettler-Moncus

eXp Realty, LLC License #201223051

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1920

Lot Details

  • 0.37 Acre Lot
  • Additional Parcels
  • Property is zoned MFR-30, MFR-30

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 788 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Driveway

Utilities

  • Cooling Available
  • Heating Available
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10437918

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.37
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1920
  • Attribution Contact: 541-601-3544
  • Co List Office Mls Id: orJLS
  • Co List Office Phone: 541-779-3611
  • Co List Office Phone: 541-779-3611
  • 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: MFR-30
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Common Walls:No Common Walls: Yes
  • Foundation Details PillarPostPier: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Water Source:Well: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Window Features: Wood Frames
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition
  • Horse: No
  • Construction Materials:Frame: Yes
  • Window Features:Wood Frames: Yes

Garage/Parking

  • Parking Features: Driveway, No Garage, Other
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Other
  • Heating: Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Other
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes

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: 10437926, 10379364
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 16117.2
  • Parcel #: 10437918
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1678.87
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Aug 9, 2024
Sold by
Brown Marcus and Brown Omowale Marcus
Bought by
Deras Salvador Velazquez and Perez Alma Leticia
Seller's Agent
James Harbison
John L. Scott Medford
Buyer's Agent
Dylan Schettler-Moncus
eXp Realty, LLC
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Views
44
Current Estimated Value
$260,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,375
Avg. Annual Appreciation
12.53%
Original Mortgage
$165,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2005
Sold by
Stevens Richard and Stevens Melody
Bought by
Stevens Melody and Stevens Richard

Purchase Details

Closed on
Feb 17, 2005
Sold by
Stotz Sue Ellen Kinney and Sanders Diane
Bought by
The Stevens Defined Benefit Tr & Pension

Purchase Details

Closed on
Nov 11, 1998
Sold by
Thibeault Larry B and Louise Thibeault W
Bought by
Southern Pacific Secured Assets Corp
Source: Public Records

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Range of Values:

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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 $220,000 Ticor Title
Warranty Deed $220,000 Ticor Title
Interfamily Deed Transfer -- --
Warranty Deed $150,000 Lawyers Title Ins
Trustee Deed $106,119 Amerititle
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2024 09/12/24 Sold $220,000 0.0% $279 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/26/2024 06/26/24 Price Changed $220,000 -8.3% $279 / Sq Ft
05/31/2024 05/31/24 For Sale $240,000 -- $305 / 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 $1,732 $119,410 $95,300 $24,110
2024 $1,732 $115,940 $92,530 $23,410
2023 $1,679 $112,570 $89,840 $22,730
2022 $1,638 $112,570 $89,840 $22,730
2021 $1,596 $109,300 $87,230 $22,070
2020 $1,268 $106,120 $84,690 $21,430
2019 $1,239 $100,030 $79,830 $20,200
2018 $1,208 $97,120 $77,510 $19,610
2017 $1,189 $97,120 $77,510 $19,610
2016 $1,167 $91,560 $73,070 $18,490
2015 $1,042 $84,790 $57,330 $27,460
2014 $963 $77,110 $52,130 $24,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220183743

Oregon Datashare

APN: 10437918