NOT LISTED FOR SALE

Estimated Value: $302,000 - $374,331

5 Beds
3 Baths
2,124 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $370,000 $174 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,057/month

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • Fenced
  • No HOA
  • Shed
  • Carpet

About This Home

As of January 2024

OWNER CARRY OPTIONS POSSIBLE! Welcome to this fantastic cash cow investment opportunity! This property features three rentals on one lot, making it an ideal choice for investors looking to expand their rental portfolio. The front of the property boasts a charming duplex with a 2 bed/1 bath currently rented for $1175 a month (on the right side), and a 1 bed/1 bath currently rented for $787 a month (on the left side), making a combined rent of $1,962 per month. The back of the property features a single-family 2-story house with alley access, which offers a cozy 2 bedroom - 1 bath home that rents for $1,200 a month. This arrangement provides a total rental income of $3,162 per month! All three units have tenants that want to stay. They all share a fenced backyard and have off-street parking. The property also includes two wood storage sheds, providing additional storage space for tenants. Don't miss out on this rare investment opportunity. Bring your investors and make an offer today!

Last Agent to Sell the Property

JJ Kramer

John L. Scott Medford License #200112030 Listed on: 12/18/2023

John L. Scott Medford

Last Buyer's Agent

Steve Thomas

eXp Realty, LLC License #201221244

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Fenced

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Neighborhood Views

Flooring

  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Shed

Schools

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

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 4600
  • Assessor Parcel Number 10394842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,101

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: From Biddle Rd turn Rt on N Peach St, home is on Rt.
  • Unit Levels: Two
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1910
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Jackson Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: SFR-10
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 4600
  • General Property Information New Construction YN: No
  • Flooring Laminate: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Architectural Style Traditional: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Foundation Details Slab: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Flooring: Carpet, Laminate

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Lot Features: Fenced
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Neighborhood
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Driveway, On Street
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: None
  • Heating: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 10394842
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2100.91
  • Tax Lot: 4600
  • Tax Map Number: 372W25AC
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Dec 1, 2023
Sold by
Michael And Jeanette Lisk Trust
Bought by
Kuhlman Troy Matthew
Seller's Agent
JJ Kramer
John L. Scott Medford
Buyer's Agent
Steve Thomas
eXp Realty, LLC
List Price
$370,000
Sold Price
$370,000
Total Days on Market
0
Views
4
Current Estimated Value
$337,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,167
Avg. Annual Appreciation
-4.50%
Original Mortgage
$300,000
Outstanding Balance
$221,455
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$122,445

Purchase Details

Closed on
May 1, 2014
Sold by
Lisk Michael David and Lisk Jeanette Edith
Bought by
Lisk Jeanete E and Lisk Micheael D
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
Kuhlman Troy Matthew $370,000 First American Title
Lisk Jeanete E -- First American
Lisk Jeanette E -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuhlman Troy Matthew $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $370,000 0.0% $174 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $370,000 -- $174 / 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 $2,290 $157,900 $67,530 $90,370
2024 $2,290 $153,310 $65,570 $87,740
2023 $2,220 $148,850 $63,660 $85,190
2022 $2,166 $148,850 $63,660 $85,190
2021 $2,110 $144,520 $61,810 $82,710
2020 $2,065 $140,320 $60,020 $80,300
2019 $2,017 $132,280 $56,570 $75,710
2018 $1,965 $128,430 $54,930 $73,500
2017 $1,930 $128,430 $54,930 $73,500
2016 $1,942 $121,060 $51,780 $69,280
2015 $1,867 $121,060 $51,780 $69,280
2014 $1,834 $114,120 $48,810 $65,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220174969

Oregon Datashare

APN: 10394842