NOT LISTED FOR SALE

22 Tripp St Medford, OR 97504

Estimated Value: $206,000 - $257,000

2 Beds
1 Bath
827 Sq Ft
$272/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $179,900 $218 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,300/month

95 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • Cottage
  • Ductless Heating Or Cooling System

About This Home

As of January 2022

Investor Alert! Perfect opportunity to do some updating (mostly flooring and interior paint) and have a monthly rental producing solid income. Charming East Medford cottage w/newer roof (approx. 5 years old), newer ductless heating/air, & newer exterior paint. This 2 bedroom, 1 bath home offers nice shade trees in front & back yard. The back yard is fenced with extra room on the side. The large trees have been recently manicured. There are lots of windows in the living room & kitchen which make the home light and bright. Detached metal storage shed and room for RV parking. Conveniently located near schools, shopping and services. Price reflects interior painting and floor coverings that are needed.

Last Agent to Sell the Property

JJ Kramer

John L. Scott Medford License #200112030 Listed on: 12/03/2021

John L. Scott Medford

Last Buyer's Agent

Jordan Kramer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1925

Lot Details

  • 3,485 Sq Ft Lot
  • Level Lot
  • Property is zoned MFR-20, MFR-20

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 827 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Territorial Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Driveway

Schools

  • Roosevelt Elementary School
  • Hedrick Middle School
  • South Medford High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 500
  • Assessor Parcel Number 1-037055-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Directions: EAST MAIN STREET TO SOUTH ON TRIPP STREET, HOME IS ON THE RIGHT
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.08
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1925
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: R/O, WH
  • MLS Status: Closed
  • General Property Information Elementary School: Roosevelt Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: MFR-20
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 500
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Common Walls:No Common Walls: Yes
  • Foundation Details PillarPostPier: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Flooring:Hardwood: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Roof Asphalt2: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Water Heater
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Primary Downstairs, Shower/Tub Combo
  • ResoLivingAreaSource: Assessor
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Level
  • Roof: Asphalt, Composition
  • View: Territorial
  • Horse: No
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Asphalt, Driveway, No Garage
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: Other
  • Heating: Ductless
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Ductless: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Roosevelt Elem
  • High School: South Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3484.8
  • Parcel #: 1-037055-6
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1250.0
  • Tax Lot: 500
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Dec 14, 2021
Sold by
Pearl Rental Properties Llc
Bought by
Schmerbach Chris and Schmerbach Kristi
Seller's Agent
JJ Kramer
John L. Scott Medford
Buyer's Agent
JJ Kramer
John L. Scott Medford
List Price
$214,900
Sold Price
$179,900
Premium/Discount to List
-$35,000
-16.29%
Current Estimated Value
$225,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,192
Avg. Annual Appreciation
6.14%
Original Mortgage
$143,920
Outstanding Balance
$132,562
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$92,530

Purchase Details

Closed on
Dec 28, 2015
Sold by
Heimann Manfred L Dick and Heimann Mary
Bought by
Pearl Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,156
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 2, 2015
Sold by
Bruckenstein Cody R and Bruckenstein Olivia E
Bought by
Heimann Manfred L Dick and Heimann Mary

Purchase Details

Listed on
May 30, 2015
Closed on
Jun 24, 2015
Sold by
Heimann Manfred L Dick and Heimann Mary
Bought by
Bruckenstein Cody R and Bruckenstein Olivia E
Seller's Agent
Bruce Hoevet
RE/MAX Integrity
Buyer's Agent
Michelle Lewis
eXp Realty, LLC
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$100,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back
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
Schmerbach Chris $179,900 First American Title
Pearl Rental Properties Llc $1,100,156 Amerititle
Heimann Manfred L Dick -- None Available
Bruckenstein Cody R $110,000 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmerbach Chris $143,920
Previous Owner Pearl Rental Properties Llc $1,100,156
Previous Owner Bruckenstein Cody R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2022 01/26/22 Sold $179,900 -16.3% $218 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $214,900 +95.4% $260 / Sq Ft
06/25/2015 06/25/15 Sold $110,000 0.0% $133 / Sq Ft View Prior Sale
06/19/2015 06/19/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $110,000 -- $133 / 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 $1,386 $95,560 $78,680 $16,880
2024 $1,386 $92,780 $76,390 $16,390
2023 $1,343 $90,080 $74,170 $15,910
2022 $1,311 $90,080 $74,170 $15,910
2021 $1,277 $87,460 $72,010 $15,450
2020 $1,250 $84,920 $69,920 $15,000
2019 $1,220 $80,050 $65,910 $14,140
2018 $1,189 $77,720 $63,990 $13,730
2017 $1,168 $77,720 $63,990 $13,730
2016 $1,176 $73,270 $60,330 $12,940
2015 $1,130 $73,270 $60,330 $12,940
2014 $1,073 $67,070 $55,810 $11,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220131516

Oregon Datashare

APN: 10370556