$2,400,000
SOLD MAR 31, 2025

2707 Springbrook Rd Unit 1800 Medford, OR 97504

7.86 Acres
$305,344 Price per Acre
342,382 Sq Ft Lot

Recently Sold

33% Below List Price

187 Days on Market

About This Lot

As of March 2025

Rare opportunity for a builder to acquire a high-density multi-family development located within an infill location in one of the most desirable parts of Medford. Entitlements have been completed and approved for a 168 unit apartment complex. Property is situated next to a public park and Kennedy Elementary School, offering convenient access to both recreational and educational facilities, ensuring a desirable living environment close to essential amenities. There is a significant undersupply of housing within the Rouge Valley which will further enhance the end value. No comparable opportunities are available in terms of size and location. This is the last parcel available in this area. Contact listing broker for all questions and a complete info package.

Last Agent to Sell the Property

Saul Stearns

RE/MAX Platinum License #201213884 Listed on: 02/11/2025

RE/MAX Platinum

Last Buyer's Agent

Non ODS Realtor

No Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,422

Lot Details

  • 7.86 Acre Lot
  • Perimeter Fence
  • Corner Lot
  • Level Lot
  • Additional Parcels
  • Property is zoned MFR-20, MFR-20

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10314511

Property Details

Property Type

Land

Est. Annual Taxes

$17,422

Lot Details

0

Listing Details

  • Directions: Head either north or south on Springbrook Rd. Turn left or right depending on the direction of travel onto Bell qt. Parcel will be on your left.
  • Garage Yn: No
  • Lot Size Acres: 7.86
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Subdivision Name: N/A
  • Co List Office Phone: 541-734-5500
  • MLS Status: Closed
  • General Property Information Elementary School: Kennedy Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North 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 Manufactured Structure Allowed YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Special Features: None

Interior Features

  • Fencing Perimeter: Yes

Exterior Features

  • Lot Features: Corner Lot, Level
  • Fencing: Perimeter
  • Horse: No
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Phone Available, Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels Description: 10315689 - 10823997 - 10824000
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 342381.6
  • Parcel #: 10314511
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17422.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 7, 2025
Sold by
Mosaic Medford Llc and Modomi Medford Llc
Bought by
Miller William Eugene and Miller Leann
Seller's Agent
Saul Stearns
RE/MAX Platinum
Buyer's Agent
Non ODS Realtor
No Office
List Price
$3,600,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,200,000
-33.33%
Views
7
Current Estimated Value
$478,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,922,000
Avg. Annual Appreciation
-97.45%

Purchase Details

Closed on
Dec 3, 2021
Sold by
Inanko Land Llc
Bought by
Mosaic Medford Llc

Purchase Details

Closed on
Jan 14, 2013
Sold by
Rendic Vinka
Bought by
Ivanko Land Llc

Purchase Details

Closed on
Sep 3, 2007
Sold by
Jelincich Vinka
Bought by
Jelincich Vinka and The Vinka Jelincich Revocable Trust

Purchase Details

Closed on
Feb 13, 2007
Sold by
Jelincich Vinka
Bought by
Jelincich Vinka and The Vinka Jelincich Revocable Trust

Purchase Details

Closed on
Feb 6, 2007
Sold by
Jelincich Tony and Jelincich Vinka
Bought by
Jelincich Vinka
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 Type Sale Price Title Company
Special Warranty Deed -- Amerititle
Warranty Deed $2,000,000 Ticor Title
Bargain Sale Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Commercial
Previous Owner $422,000 Unknown
Previous Owner $250,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $2,400,000 -33.3% --
03/06/2025 03/06/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $3,600,000 0.0% --
11/07/2024 11/07/24 Pending -- -- --
08/31/2024 08/31/24 For Sale $3,600,000 -- --
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 $5,442 $375,270 $375,270 --
2024 $5,442 $364,340 $364,340 --
2023 $5,276 $353,730 $353,730 $0
2022 $5,147 $353,730 $353,730 $0
2021 $5,014 $343,430 $343,430 $0
2020 $4,908 $333,430 $333,430 $0
2019 $4,792 $314,300 $314,300 $0
2018 $4,669 $305,150 $305,150 $0
2017 $4,585 $305,150 $305,150 $0
2016 $4,615 $287,650 $287,650 $0
2015 $4,436 $287,650 $287,650 $0
2014 $4,358 $271,150 $271,150 $0
Source: Public Records

Agents Affiliated with this Home

  • Saul Stearns

    Seller's Agent in 2025

    Saul Stearns

    RE/MAX

    (541) 613-1683

    8 Total Sales

    Saul Stearns
    Section Image

  • N

    Buyer's Agent in 2025

    Non ODS Realtor

    No Office

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220189167

Oregon Datashare

APN: 10314511

Oregon Jackson County Medford 97504

2707 Springbrook Rd Unit 1800, Medford, OR

This home is located at 2707 Springbrook Rd Unit 1800, Medford, OR 97504 and is currently priced at $2,400,000. 2707 Springbrook Rd Unit 1800 is a home located in Jackson County with nearby schools including Kennedy Elementary School, Hedrick Middle School, and North Medford High School.

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