NOT LISTED FOR SALE

2467 Springbrook Rd Medford, OR 97504

Estimated Value: $256,558 - $376,000

2 Beds
2 Baths
1,055 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $226,000 $214 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,996/month

1 Day on Market

About This Home

As of May 2019

Beautiful 2-family set up on a large .25-acre lot, conveniently located with a serene yearly creek running behind it. Main house has 2 bedrooms and 1 full bath. Extra-large bonus space off of the dining room was being used as a bedroom. Large fully fenced back yard separates the small cottage in the back, plenty of room for entertaining. The cute cottage is a studio, with kitchenette and a full bedroom & bath. Views of the creek from the bedroom make this little studio quaint and cozy. Also includes a utility room with full washer and dryer hookups, large partially fenced front yard and creek off to the side makes you feel like you have your own little haven.

Last Agent to Sell the Property

Kathleen Bauer

John L. Scott Medford License #200502211 Listed on: 03/28/2019

John L. Scott Medford

Co-Listed By

Michelle Thomas

John L. Scott Medford License #201012044

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

  • $2,436

Year Built

  • Built in 1966

Lot Details

  • 0.25

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Kennedy Elementary School
  • Hedrick Middle School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • 0.25 Acre Lot
  • In Flood Plain

Listing and Financial Details

  • Assessor Parcel Number 10314498

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,436

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Directions: Take a left on Springbrook from McAndrews, home is located on the left after you pass Cedar Links.
  • Lot Size Acres: 0.25
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1966
  • 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: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: SFR-4
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Composition

Utilities

  • Cooling: None
  • Heating: Natural Gas, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 10314498
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres
  • Flood Plain: Yes

Tax Info

  • Tax Annual Amount: 2436.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
May 8, 2019
Sold by
Heller David
Bought by
Deluca Ronald and The Deluca Revocable Trust
Seller's Agent
Kathleen Bauer
John L. Scott Medford
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$230,000
Sold Price
$226,000
Premium/Discount to List
-$4,000
-1.74%
Current Estimated Value
$331,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,890
Avg. Annual Appreciation
6.17%
Original Mortgage
$180,800
Outstanding Balance
$162,492
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$169,398

Purchase Details

Listed on
Nov 4, 2014
Closed on
Dec 23, 2014
Sold by
Fannie Mae
Bought by
Heller David
Seller's Agent
Diane Adams : Home Quest Realty
Coldwell Banker Pro West R.E.
Buyer's Agent
Kathleen Bauer
John L. Scott Medford
List Price
$148,400
Sold Price
$105,000
Premium/Discount to List
-$43,400
-29.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.13%
Original Mortgage
$78,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2014
Sold by
Shieds Jack E and Shields Mary E
Bought by
Federal National Mortgage Association and Fnma

Purchase Details

Closed on
Dec 30, 2013
Sold by
Shieds Jack E and Shields Mary E
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 11, 2007
Sold by
Shields Mary E and Shields Jack E
Bought by
Shields Jack E and Shields Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Landis Jason M and Landis Leah D
Bought by
Shields Jack E and Shields Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2002
Sold by
Dewoody George H
Bought by
Landis Jason M and Landis Leah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.71%
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
Deluca Ronald $226,000 First American Title
Heller David $105,000 Ticor Title Company
Federal National Mortgage Association $214,246 None Available
Nationstar Mortgage Llc $214,246 Fa
Shields Jack E -- Accommodation
Shields Mary E -- Lawyers Title Ins
Shields Jack E -- Amerititle
Landis Jason M $140,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Ronald $180,800
Previous Owner Heller David $78,750
Previous Owner Shields Mary E $180,000
Previous Owner Shields Jack E $130,400
Previous Owner Landis Jason M $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2019 05/15/19 Sold $226,000 -1.7% $214 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $230,000 +119.0% $218 / Sq Ft
12/30/2014 12/30/14 Sold $105,000 -29.2% $71 / Sq Ft View Prior Sale
11/17/2014 11/17/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $148,400 -- $101 / 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 $2,839 $195,760 $140,400 $55,360
2024 $2,839 $190,060 $136,320 $53,740
2023 $2,752 $184,530 $132,360 $52,170
2022 $2,685 $184,530 $132,360 $52,170
2021 $2,616 $179,160 $128,510 $50,650
2020 $2,560 $173,950 $124,770 $49,180
2019 $2,500 $163,980 $117,630 $46,350
2018 $2,436 $159,210 $114,210 $45,000
2017 $2,392 $159,210 $114,210 $45,000
2016 $2,408 $150,080 $107,660 $42,420
2015 $2,314 $150,080 $107,660 $42,420
2014 $2,274 $141,470 $101,490 $39,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102999631

Oregon Datashare

APN: 10314498