NOT LISTED FOR SALE

2318 Stonefield Way Medford, OR 97501

West Main Neighborhood

Estimated Value: $550,000 - $627,000

3 Beds
4 Baths
1,398 Sq Ft
$414/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $500,000 $358 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,587/month

28 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Double Pane Windows
  • Territorial View
  • No HOA
  • Double Vanity

About This Home

As of September 2020

Unique opportunity! Two separate 3 bedroom / 2 bath homes on one tax lot! Great curb appeal and location! Each 1,398sf unit includes: Ref, ws/dr, range/oven, microwave, gas heat, central air.

Last Agent to Sell the Property

Bryan Schlafke

John L. Scott Medford Brokerage Phone: 541-301-3433 License #900200040 Listed on: 07/22/2020

John L. Scott Medford

Co-Listed By

Paty Emrick

John L. Scott Medford Brokerage Phone: 541-301-3433 License #980600085

Last Buyer's Agent

Catherine Hatfield

Windermere Van Vleet & Associates License #201214303

Windermere Van Vleet & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,318

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Fenced
  • Drip System Landscaping
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Double Vanity
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener
  • Shared Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Additional Features

  • Drip Irrigation
  • Patio

Listing and Financial Details

  • Tax Lot 2900
  • Assessor Parcel Number 10975660

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,318

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: From Rossanley, south on Ross Lane, west on Stonefield Way
  • Unit Levels: One
  • Lot Size Acres: 0.26
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2005
  • Attribution Contact: 541-301-3433
  • Total Gross Income: 33000.0
  • Co List Office Mls Id: orJLS
  • Co List Office Phone: 541-779-3611
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: SFR-10
  • 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: 2900
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Lot Features Drip System: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Double Vanity, Fiberglass Stall Shower, Laminate Counters, Primary Downstairs, Vaulted Ceiling(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Drip System, Fenced, Landscaped, Level, Sprinklers In Front
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Parking Features: Concrete, Driveway, Garage Door Opener, Shared Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • 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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11325.6
  • Parcel #: 10975660
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5318.0
  • Tax Lot: 2900
  • Tax Map Number: 372w23dd
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Sep 24, 2020
Sold by
Sullivan Dennis and Sullivan Diane
Bought by
Petersen Douglas Eric and Petersen Audrye Mabel
Seller's Agent
Bryan Schlafke
John L. Scott Medford
Buyer's Agent
Catherine Hatfield
Windermere Van Vleet & Associates
List Price
$529,000
Sold Price
$500,000
Premium/Discount to List
-$29,000
-5.48%
Current Estimated Value
$579,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,405
Avg. Annual Appreciation
2.97%
Original Mortgage
$209,000
Outstanding Balance
$168,240
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$411,165
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
Petersen Douglas Eric $500,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Douglas Eric $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2020 09/25/20 Sold $500,000 -5.5% $358 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $529,000 -- $378 / 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 $6,040 $416,510 $244,600 $171,910
2024 $6,040 $404,380 $237,470 $166,910
2023 $5,855 $392,610 $230,560 $162,050
2022 $5,713 $392,610 $230,560 $162,050
2021 $5,565 $381,180 $223,830 $157,350
2020 $5,447 $370,080 $217,310 $152,770
2019 $5,319 $348,850 $204,830 $144,020
2018 $5,182 $338,690 $198,850 $139,840
2017 $5,089 $338,690 $198,850 $139,840
2016 $5,122 $319,260 $187,460 $131,800
2015 $4,923 $317,500 $108,560 $208,940
2014 $4,654 $290,940 $98,780 $192,160
Source: Public Records

Agents Affiliated with this Home

  • Bryan Schlafke

    Seller's Agent in 2020

    Bryan Schlafke

    John L. Scott Medford

    (541) 301-3433

    4 in this area

    141 Total Sales

    Bryan Schlafke
    Section Image
  • Paty Emrick

    Seller Co-Listing Agent in 2020

    Paty Emrick

    John L. Scott Medford

    (541) 944-7979

    4 in this area

    153 Total Sales

    Paty Emrick
    Section Image
  • Catherine Hatfield

    Buyer's Agent in 2020

    Catherine Hatfield

    Windermere Van Vleet & Associates

    (541) 261-1797

    3 in this area

    43 Total Sales

    Catherine Hatfield
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220105530

Oregon Datashare

APN: 10975660

Oregon Jackson County Medford 97501 West Main

2318 Stonefield Way, Medford, OR

This home is located at 2318 Stonefield Way, Medford, OR 97501 since 22 July 2020 and is currently estimated at $579,405, approximately $414 per square foot. This property was built in 2005. 2318 Stonefield Way is a home located in Jackson County with nearby schools including Oak Grove Elementary School, McLoughlin Middle School, and South Medford High School.

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