NOT LISTED FOR SALE

2469 Springbrook Rd Medford, OR 97504

Estimated Value: $544,000 - $569,584

5 Beds
4 Baths
2,668 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $289,000 $108 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,244/month

157 Days on Market

About This Home

As of May 2015

Check out this very unique 2-family setup or duplex for a nice investment opportunity. This quality home was constructed in 2003 as a family home with an attached in-law suite. The 1927 sf. main home has 3 bedrooms and 2 1/2 baths. The back unit has 2 bedrooms and 1 bath with 741 sf. Both units are fully equipped with a dishwasher, gas range/oven, refrigerator, disposal, and washer & dryer. The home also features Hardi-plank siding and a 2-car attached garage. It's located very close to North Medford High School, and there's a wonderful year round creek in the backyard. Just think, you could live in the back unit and rent out the front unit, and your mortgage payment would almost be paid for. What a nice investment!

Last Agent to Sell the Property

Jerry Ehlers

John L. Scott Medford License #960400062 Listed on: 02/06/2015

John L. Scott Medford

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

  • $3,065

Year Built

  • Built in 2003

Lot Details

  • 9,583

Home Design

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

Schools

  • Kennedy Elementary School
  • Hedrick Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10976552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,065

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: Drive north on Springbrook Road. The property is about one half block north of Cedar Links Dr, on the left.
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2003
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • 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
  • Cooling:Central Air: 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: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10976552
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3064.52
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
May 4, 2015
Sold by
Friendship Equity Llc
Bought by
Deluca Ronald L
Seller's Agent
Jerry Ehlers
John L. Scott Medford
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$315,000
Sold Price
$289,000
Premium/Discount to List
-$26,000
-8.25%
Current Estimated Value
$551,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,646
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Dec 20, 2004
Sold by
Landis Jason M and Landis Leah D
Bought by
Schubert Stephen R and Schubert Cynthia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2%
Mortgage Type
Unknown
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 L $289,000 Ticor Title Company
Schubert Stephen R -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schubert Stephen R $300,000
Closed Schubert Stephen R $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $289,000 -8.3% $108 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
10/07/2014 10/07/14 For Sale $315,000 -- $118 / 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 $3,827 $263,890 $118,010 $145,880
2024 $3,827 $256,210 $114,560 $141,650
2023 $3,710 $248,750 $111,220 $137,530
2022 $3,619 $248,750 $111,220 $137,530
2021 $3,526 $241,510 $107,980 $133,530
2020 $3,451 $234,480 $104,830 $129,650
2019 $3,370 $221,030 $98,810 $122,220
2018 $3,284 $214,600 $95,940 $118,660
2017 $3,224 $214,600 $95,940 $118,660
2016 $3,245 $202,290 $90,430 $111,860
2015 $3,120 $202,290 $90,430 $111,860
2014 $3,065 $190,680 $85,240 $105,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102950947

Oregon Datashare

APN: 10976552