NOT LISTED FOR SALE

2158 Crater Lake Ave Medford, OR 97504

Estimated Value: $680,161 - $730,000

8 Beds
8 Baths
3,844 Sq Ft
$185/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $530,000 $138 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,283/month

6 Days on Market

About This Home

As of February 2020

Here's your opportunity to own a multi-family property in East Medford. Desirable East Medford 4 plex. All units are 2 bedrooms, 2 baths, single level both lower units have laundry utility areas, 2 lower units have patios & 2 upper units have balconies. Each unit includes range/oven, refrigerator & dishwasher. Units have natural gas heat and water heaters.

Last Agent to Sell the Property

Geoff O'neill

John L. Scott Medford Brokerage Phone: 541-941-4287 License #200208122 Listed on: 01/21/2020

John L. Scott Medford

Last Buyer's Agent

Deanna Wilkerson

Top Agents Real Estate Company License #201212885

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,190

Year Built

  • Built in 2005

Lot Details

  • 3,920

Home Design

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

Schools

  • Kennedy Elementary School
  • Hedrick Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 3,920 Sq Ft Lot

Community Details

  • 8 Units
  • Gross Income $34,140

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 10982243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,190

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Directions: Entrance is on the East side of Crater Lake Avenue. 2158 is a middle building on the South (right) side.
  • Unit Levels: Two
  • Lot Size Acres: 0.09
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 2005
  • Attribution Contact: 541-941-4287
  • Total Gross Income: 34140.0
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: 4 Refrigerators
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • 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
  • 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 personal property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Natural Gas: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 3920.4
  • Parcel #: 10982243
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 4190.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Lorenz Joseph and Lorenz Alicia
Bought by
Rutledge Adam David
Current Estimated Value
$709,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$450,445
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$244,520

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 24, 2020
Sold by
Black Angelina R
Bought by
Lorenz Joseph and Lorenz Alicia
Seller's Agent
Geoff O'neill
John L. Scott Medford
Buyer's Agent
Deanna Wilkerson
Top Agents Real Estate Company
List Price
$540,000
Sold Price
$530,000
Premium/Discount to List
-$10,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$397,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2005
Sold by
Mt Valley Associates Llc
Bought by
Black Acton E and Black Angelina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rutledge Adam David $650,000 Ticor Title
Lorenz Joseph $530,000 Ticor Title Company Of Or
Black Acton E $450,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutledge Adam David $487,500
Previous Owner Lorenz Joseph $397,500
Previous Owner Black Acton E $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2020 02/26/20 Sold $530,000 -1.9% $138 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $540,000 -- $140 / 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 $4,758 $328,100 $108,730 $219,370
2024 $4,758 $318,550 $105,560 $212,990
2023 $4,613 $309,280 $102,480 $206,800
2022 $4,500 $309,280 $102,480 $206,800
2021 $4,384 $300,280 $99,490 $200,790
2020 $4,291 $291,540 $96,590 $194,950
2019 $4,190 $274,810 $91,040 $183,770
2018 $4,082 $266,810 $88,390 $178,420
2017 $4,009 $266,810 $88,390 $178,420
2016 $4,035 $251,500 $83,310 $168,190
2015 $3,878 $251,500 $83,310 $168,190
2014 $3,810 $237,070 $78,530 $158,540
Source: Public Records

Agents Affiliated with this Home

  • Geoff O'neill

    Seller's Agent in 2020

    Geoff O'neill

    John L. Scott Medford

    (541) 941-4287

    44 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Deanna Wilkerson

    Top Agents Real Estate Company

    (541) 261-8622

    61 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 103009619

Oregon Datashare

APN: 10982243

Oregon Jackson County Medford 97504

2158 Crater Lake Ave, Medford, OR

This home is located at 2158 Crater Lake Ave, Medford, OR 97504 since 21 January 2020 and is currently estimated at $709,790, approximately $184 per square foot. This property was built in 2005. 2158 Crater Lake Ave 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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