NOT LISTED FOR SALE

1963 Crater Lake Ave Medford, OR 97504

Estimated Value: $358,434 - $532,000

4 Beds
4 Baths
2,080 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $196,500 $94 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,745/month

243 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of May 2015

Fantastic Value for the East Medford Four Plex. Rents gross just over $24,000 annually. Great rental history. All one bedroom, one bath units and rent for $495 per month. 520 square feet with off street parking. Water, sewer, garbage paid by owner.

Last Agent to Sell the Property

David Wright

RE/MAX Platinum License #200004070 Listed on: 04/02/2015

RE/MAX Platinum

Last Buyer's Agent

Jill Hamilton

Windermere Van Vleet & Associates License #201211098

Windermere Van Vleet & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 1976

Lot Details

  • 9,148

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Wilson Elementary School
  • Hedrick Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Additional Features

  • 1-Story Property
  • 9,148 Sq Ft Lot

Community Details

  • 4 Units
  • Gross Income $24,000

Listing and Financial Details

  • Exclusions: Tenant Property
  • Assessor Parcel Number 10565386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,097

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: North on Crater Lake Avenue from McAndrews Road. In between Brookhurst Avenue and Roberts Road the property is on the left hand side.
  • Unit Levels: One
  • Lot Size Acres: 0.21
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1976
  • Total Gross Income: 24000.0
  • Co List Office Phone: 541-734-5500
  • MLS Status: Closed
  • General Property Information Elementary School: Wilson Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Schools

  • Elementary School: Wilson Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 10565386
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3097.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
May 7, 2015
Sold by
Mccalvy Viladean and Viladean Mccalvy Trust
Bought by
Crater-1 Llc
Seller's Agent
David Wright
RE/MAX Platinum
Buyer's Agent
Jill Hamilton
Windermere Van Vleet & Associates
List Price
$215,000
Sold Price
$196,500
Premium/Discount to List
-$18,500
-8.6%
Current Estimated Value
$447,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,109
Avg. Annual Appreciation
8.34%
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
Crater-1 Llc $196,500 First American
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $196,500 -8.6% $94 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $215,000 -- $103 / 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 $3,895 $268,570 $147,070 $121,500
2024 $3,895 $260,750 $142,790 $117,960
2023 $3,776 $253,160 $138,630 $114,530
2022 $3,684 $253,160 $138,630 $114,530
2021 $3,588 $245,790 $134,590 $111,200
2020 $3,513 $238,640 $130,670 $107,970
2019 $3,430 $224,950 $123,170 $101,780
2018 $3,342 $218,400 $119,580 $98,820
2017 $3,281 $218,400 $119,580 $98,820
2016 $3,303 $205,870 $112,720 $93,150
2015 $3,175 $205,870 $112,720 $93,150
2014 $3,097 $193,600 $106,390 $87,210
Source: Public Records

Agents Affiliated with this Home

  • David Wright

    Seller's Agent in 2015

    David Wright

    RE/MAX

    (541) 301-7125

    88 Total Sales

    David Wright
    Section Image

  • J

    Buyer's Agent in 2015

    Jill Hamilton

    Windermere Van Vleet & Associates

    (541) 621-0680

    129 Total Sales

    Jill Hamilton
    Section Image

  • J

    Buyer's Agent in 2015

    Jillian Hamilton

    Windermere Van Vleet Jacksonville

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102949502

Oregon Datashare

APN: 10565386

Oregon Jackson County Medford 97504

1963 Crater Lake Ave, Medford, OR

This home is located at 1963 Crater Lake Ave, Medford, OR 97504 since 02 April 2015 and is currently estimated at $447,609, approximately $215 per square foot. This property was built in 1976. 1963 Crater Lake Ave is a home located in Jackson County with nearby schools including Wilson Elementary School, Hedrick Middle School, and North Medford High School.

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