NOT LISTED FOR SALE

2142 Crater Lake Ave Medford, OR 97504

Estimated Value: $723,023 - $746,000

8 Beds
8 Baths
3,964 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $676,500 $171 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,826/month

3 Days on Market

Highlights

  • Contemporary Architecture
  • Bathtub with Shower
  • Level Lot
  • Double Pane Windows
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of September 2021

Well Maintained and conveniently located 4-plex in East Medford. Each unit has an assigned parking spot & the building has 2 extra guest parking spots. Gross income is $3,875 a month. Upper units have balconies and the lower level units have small backyards. Located close to stores and the bus line. $375/Month HOA dues that cover water, sewer, landscape maintenance & garbage. All the units are rented and professionally managed.

Last Agent to Sell the Property

Kathrine Henry

RE/MAX Integrity License #940700135 Listed on: 07/19/2021

RE/MAX Integrity

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,694

Year Built

  • Built in 2003

Lot Details

  • 3,485 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 2-Story Property
  • Double Pane Windows
  • Low Emissivity Windows

Kitchen

  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Shared Driveway
  • Parking Lot
  • Assigned Parking

Schools

  • Kennedy Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 1-0976200

Community Details

Overview

  • 4 Units
  • Birch Gardens Subdivision

Building Details

  • Gross Income $3,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,694

Year Built

Built in 2003

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Architectural Style: Contemporary, Traditional
  • Unit Levels: Two
  • Lot Size Acres: 0.08
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: Birch Gardens
  • Year Built: 2003
  • Total Gross Income: 3875.0
  • Co List Office Phone: 541-770-3325
  • Outside Inclusions: range oven x4, DW x4, W/D x4
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North Medford High
  • General Property Information:Zoning2: Mfr-20
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Shower/Tub Combo
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Roof: Composition
  • Exclusions: Tenants personal property
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Low Emissivity Windows: Yes

Garage/Parking

  • Parking Features: Asphalt, Assigned, Shared Driveway, Parking Lot
  • Attached Garage: No
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 375.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: Kennedy Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 1-0976200
  • ResoLotSizeUnits: Acres
  • Zoning Description: Mfr-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4693.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 30, 2021
Sold by
Deleonardis Beverl Rita and Beverly Rita Deleonardis Trust
Bought by
Deluca Ronald L and Deluca Revocable Trust
Seller's Agent
Kathrine Henry
RE/MAX Integrity
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$670,000
Sold Price
$676,500
Premium/Discount to List
$6,500
0.97%
Current Estimated Value
$737,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,756
Avg. Annual Appreciation
2.22%
Original Mortgage
$460,032
Outstanding Balance
$420,416
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$316,840

Purchase Details

Closed on
Aug 5, 2015
Sold by
Deleonardis Beverly R
Bought by
Deleonardis Beverly Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
Sold by
Deleonardis Beverly Rita
Bought by
Deleonardis Beverly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,639
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2004
Sold by
Huckaby Sonya
Bought by
Deleonardis Beverly Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 28, 2004
Sold by
Mt Valley Assoc
Bought by
Corrigan Richard W and Huckaby Sonya
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
Deluca Ronald L $676,500 First American
Deleonardis Beverly Rita $160,000 Accommodation
Deleonardis Beverly R -- Amerititle
Deleonardis Beverly Rita -- --
Corrigan Richard W -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Ronald L $460,032
Previous Owner Deleonardis Beverly R $221,500
Previous Owner Deleonardis Beverly R $234,639
Previous Owner Deleonardis Beverly Rita $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $676,500 +1.0% $171 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $670,000 -- $169 / 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 $5,205 $358,890 $96,950 $261,940
2024 $5,205 $348,440 $94,120 $254,320
2023 $5,045 $338,300 $91,380 $246,920
2022 $4,922 $338,300 $91,380 $246,920
2021 $4,795 $328,450 $88,710 $239,740
2020 $4,694 $318,890 $86,130 $232,760
2019 $4,583 $300,600 $81,180 $219,420
2018 $4,466 $291,850 $78,810 $213,040
2017 $4,385 $291,850 $78,810 $213,040
2016 $4,414 $275,100 $74,290 $200,810
2015 $4,242 $275,100 $74,290 $200,810
2014 $4,168 $259,320 $70,030 $189,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220127564

Oregon Datashare

APN: 10976200