NOT LISTED FOR SALE

2521 Corona Ave Unit A-D Medford, OR 97504

Estimated Value: $782,817 - $870,000

8 Beds
8 Baths
4,367 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $652,400 $149 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,496/month

3 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Vaulted Ceiling
  • Craftsman Architecture
  • Deck
  • Attached Garage

About This Home

As of December 2020

Rare investment opportunity. This new 4 plex are 2 bedroom 2 bath each. Each has a single car garage. Down stairs units have patios and up stair units have vaulted ceilings, deck, and small office.

Last Agent to Sell the Property

Gayle Pobuda

Expert Properties Inc. License #200404393 Listed on: 12/04/2020

Last Buyer's Agent

Bryan Schlafke

John L. Scott Medford License #900200040

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,169

Year Built

  • Built in 2007

Lot Details

  • 3,920 Sq Ft Lot
  • 1 Common Wall

HOA Fees

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Closets
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Deck
  • Patio

Schools

  • Wilson Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property held in a trust
  • Legal Lot and Block 1809 / 18BD
  • Assessor Parcel Number 1-098487-2

Community Details

Overview

  • 4 Units
  • Corona Hilton Place Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Building Details

  • Professional Management Expense $5,199
  • Gross Income $51,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,169

Year Built

Built in 2007

Lot Details

0

HOA Fees

$590 per month

Listing Details

  • Architectural Style: Craftsman
  • Directions: Behind Best Buy Go North on Hilton to Corona
  • Unit Levels: Two
  • Lot Size Acres: 0.09
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Corona Hilton Place
  • Year Built: 2007
  • Total Gross Income: 51996.0
  • Professional Management Expense: 5199.0
  • Co List Office Phone: 541-899-7788
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Wilson Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North Medford High
  • General Property Information:Zoning2: UNK 0.09 Ac
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Documents CCRs: Yes
  • Location Tax and Legal:Tax Lot: 1809
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 18BD
  • Appliances Microwave: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style Craftsman: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Special Listing Conditions Trust: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Bedroom, Accessible Closets, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Linen Closet, Open Floorplan, Shower/Tub Combo, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features Linen Closet: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Stemwall
  • Roof: Composition
  • View: Mountain(s), Neighborhood
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Door(s): Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Accessibility Features:Accessible Closets: Yes

Garage/Parking

  • Parking Features: Asphalt, Attached, Garage Door Opener
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Asphalt: 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
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Landscaping, Trash
  • Association Fee: 295.0
  • Association #2 Fee: 295.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 295.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Trash: Yes
  • General Property Information:Association Fee 2: 295.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

  • Elementary School: Wilson Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 1-098487-2
  • ResoLotSizeUnits: Acres
  • Zoning Description: UNK 0.09 Ac
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 295.0

Tax Info

  • Tax Annual Amount: 6169.12
  • Tax Block: 18BD
  • Tax Lot: 1809
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Dec 21, 2020
Sold by
Squier Judith and David And Judith Squier Family
Bought by
Reed Properties Llc
Seller's Agent
Gayle Pobuda
Expert Properties Inc.
Buyer's Agent
Bryan Schlafke
John L. Scott Medford
List Price
$639,900
Sold Price
$652,400
Premium/Discount to List
$12,500
1.95%
Current Estimated Value
$821,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,804
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Dec 17, 2009
Sold by
Osbourn Llc
Bought by
Squire David and Squier Judith

Purchase Details

Closed on
Sep 14, 2007
Sold by
Osbourn Arthur K
Bought by
Osbourn Llc

Purchase Details

Closed on
Aug 7, 2007
Sold by
Osbourn Llc
Bought by
Osbourn Arthur K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reed Properties Llc $652,400 First American Title
Squire David -- Ticor Title
Osbourn Llc -- Lawyers Title
Osbourn Arthur K -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $652,400 +2.0% $149 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $639,900 -- $147 / 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 $6,841 $471,700 $143,440 $328,260
2024 $6,841 $457,970 $139,260 $318,710
2023 $6,631 $444,640 $135,200 $309,440
2022 $6,470 $444,640 $135,200 $309,440
2021 $6,302 $431,690 $131,260 $300,430
2020 $6,169 $419,120 $127,440 $291,680
2019 $6,023 $395,070 $120,130 $274,940
2018 $5,869 $383,570 $116,630 $266,940
2017 $5,763 $383,570 $116,630 $266,940
2016 $5,801 $361,560 $109,930 $251,630
2015 $5,576 $361,560 $109,930 $251,630
2014 $5,477 $340,810 $103,620 $237,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220113334

Oregon Datashare

APN: 10984872