NOT LISTED FOR SALE

2038 Campus Dr Medford, OR 97504

Estimated Value: $723,000 - $783,000

8 Beds
6 Baths
4,218 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 03, 2012

Last sale price $293,500 $70 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $4,718/month

3 Days on Market

About This Home

As of October 2012

Nice looking 4 Plex in a convenient location! One larger Owner's unit- 2 bedroom, 1.5 baths, office area upstairs, laundry area in bathroom, 2 carports, storage, larger yard area (see pics) w/access off LR, plus three townhouse style 2 bedroom, 1.5 baths, 1 carport each, smaller storage room and patio off kitchen. Larger master bedrooms- approx 12x15+/-. Cul-de-sac street. Exterior painted in 2008, Roof replaced in 2010. Some concrete repair in progress. Scheduled rent for 2011 was $31,800...collected $30,700: Owner's unit @ $700 plus 3 townhouse units @ $650 each. 2011 expenses-approx $10,000. Rent for 2012 is unit A-$725, B-$650, C-Vacant, D-$650.

Last Agent to Sell the Property

Bob Karcich

Private Properties, LLC License #801004275 Listed on: 07/20/2012

Last Buyer's Agent

Michael Bauer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,103

Year Built

  • Built in 1989

Lot Details

  • 10,019

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Kennedy Elementary School
  • Hedrick Middle School

Utilities

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

Additional Features

  • 2-Story Property
  • 10,019 Sq Ft Lot

Listing and Financial Details

  • Exclusions: tenants possessions
  • Assessor Parcel Number 10651034

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $31,800
  • Net Operating Income $21,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,103

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: Crater Lake Ave, go East on Brookhurst, Right on N Keene Way Dr., Right on Campus to end of cul-de-sac. Located left of center of cul-de-sac.
  • Unit Levels: Two
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1989
  • Total Gross Income: 31800.0
  • Co List Office Phone: 541-779-2378
  • Outside Inclusions: 4 stoves, 4 frig
  • MLS Status: Closed
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: tenants possessions
  • 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: Kennedy Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 10651034
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 21800.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 4102.63
  • Tax Year: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2012
Closed on
Oct 1, 2012
Sold by
Ibbetson Lloyd E and Ibbetson Jeryl L
Bought by
Borden Steven and Mcneill Della
Seller's Agent
Bob Karcich
Private Properties, LLC
Buyer's Agent
Michael Bauer
List Price
$293,500
Sold Price
$293,500
Current Estimated Value
$759,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,643
Avg. Annual Appreciation
7.23%
Original Mortgage
$205,450
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Ibbetson Lloyd E and Ibbetson Jeryl L
Bought by
Ibbetson Lloyd E and Ibbetson Jeryl L

Purchase Details

Closed on
Oct 9, 2003
Sold by
Ibbetson Lloyd E and Ibbetson Jeryl L
Bought by
Ibbetson Lloyd E and Ibbetson Jeryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,150
Interest Rate
5.94%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Borden Steven $293,500 First American
Ibbetson Lloyd E -- None Available
Ibbetson Lloyd E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borden Steven $396,000
Closed Borden Steven $205,450
Previous Owner Ibbetson Lloyd E $132,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2012 10/03/12 Sold $293,500 0.0% $70 / Sq Ft
07/23/2012 07/23/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $293,500 -- $70 / 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 $6,305 $434,720 $166,830 $267,890
2024 $6,305 $422,060 $161,970 $260,090
2023 $6,111 $409,770 $157,250 $252,520
2022 $5,962 $409,770 $157,250 $252,520
2021 $5,808 $397,840 $152,670 $245,170
2020 $5,685 $386,260 $148,230 $238,030
2019 $5,551 $364,090 $139,720 $224,370
2018 $5,409 $343,200 $131,710 $211,490
2017 $5,235 $343,200 $131,710 $211,490
2016 $5,214 $326,420 $124,230 $202,190
2015 $5,429 $343,680 $130,800 $212,880
2014 $4,699 $293,740 $109,960 $183,780
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bob Karcich

    Private Properties, LLC

    (541) 840-1276

    14 Total Sales

    Section Image

  • M

    Buyer's Agent in 2012

    Michael Bauer

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Map

Source: Oregon Datashare

MLS Number: 102932022

Oregon Datashare

APN: 10651034

Oregon Jackson County Medford 97504

2038 Campus Dr, Medford, OR

This home is located at 2038 Campus Dr, Medford, OR 97504 since 20 July 2012 and is currently estimated at $759,606, approximately $180 per square foot. This property was built in 1989. 2038 Campus Dr 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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