NOT LISTED FOR SALE

2938 E Vilas Rd Central Point, OR 97502

Estimated Value: $339,000 - $871,000

1 Bed
1 Bath
744 Sq Ft
$866/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $522,500 $702 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,818/month

125 Days on Market

Highlights

  • 39.12 Acre Lot
  • Pellet Stove burns compressed wood to generate heat
  • Farm
  • Level Lot

About This Home

As of November 2020

Cate Orchard - Conveniently located in an area known for Vineyard and Rural Estates and just minutes from Medford, Central Point and the Rogue Valley International Airport. This property would serve well as an estate quality Vineyard and Winery. Currently operated as a pear orchard, this property features 39.20 level acres of prime irrigated soils, with 33.20 acres currently planted. Zoned EFU with irrigation and water rights from the Medford Irrigation District (12.9 acres) and Rogue River Valley Irrigation District (25.9 acres) via under tree sprinkler system with pumps and a gravity fed flood system. Property includes a 744 sqft, 1 bed/1 bath Labor House and 640 sqft Machine Shed with 3 bays for storage. Seller is willing to negotiate land preparation for other types of farming. Additional properties and professional orchard management are available, call Listing Broker for more information.

Last Agent to Sell the Property

Chris Martin

Land Leader License #200706071 Listed on: 03/17/2020

Co-Listed By

Wes Walton

Land and Wildlife License #200811034

Last Buyer's Agent

Chris Martin

Land Leader License #200706071 Listed on: 03/17/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $675

Year Built

  • Built in 1915

Lot Details

  • 39.12 Acre Lot
  • Level Lot
  • Property is zoned EFU, EFU

Home Design

  • 744 Sq Ft Home
  • Farm

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Pellet Stove burns compressed wood to generate heat
  • Irrigation Water Rights
  • Well

Listing and Financial Details

  • Exclusions: Call LA
  • Assessor Parcel Number 10460204

Property Details

Property Type

Other

Est. Annual Taxes

$675

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Directions: Hwy 62 to Vilas. East towards Foothill. To property on south side.
  • Garage Yn: No
  • Lot Size Acres: 39.12
  • Prop. Type: Farm
  • New Construction: No
  • Property Sub Type: Agricultural
  • Road Frontage Type: Other
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1915
  • Co List Office Mls Id: orOLW
  • Co List Office Phone: 866-559-3478
  • Co List Office Phone: 866-559-3478
  • Outside Inclusions: Call LA
  • MLS Status: Closed
  • General Property Information:Zoning2: EFU
  • Road Surface Type:Paved: Yes
  • Water Source:Well: Yes
  • Utilities:Electricity Connected: Yes
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Level
  • Exclusions: Call LA
  • Lot Features:Level: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Heating: Pellet Stove
  • Water Source: Well
  • HeatingYN: Yes
  • Heating:Pellet Stove: Yes

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: 1704067.2
  • Parcel #: 10460204
  • Irrigation Water Rights: Yes
  • Crops Included: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 675.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Nov 10, 2020
Sold by
Naumes Inc
Bought by
Nickerson Martin
Seller's Agent
Chris Martin
Land Leader
Buyer's Agent
Chris Martin
Land Leader
List Price
$575,000
Sold Price
$522,500
Premium/Discount to List
-$52,500
-9.13%
Total Days on Market
125
Current Estimated Value
$644,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,171
Avg. Annual Appreciation
4.71%
Original Mortgage
$300,000
Outstanding Balance
$37,200
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$607,471
Source: Public Records

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Range of Values:

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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
Nickerson Martin $522,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nickerson Martin $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $522,500 -9.1% $702 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $575,000 -- $773 / 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
2024 $2,557 $200,340 $52,440 $147,900
2023 $2,479 $194,622 $51,032 $143,590
2022 $2,422 $194,622 $51,032 $143,590
2021 $748 $58,885 $39,815 $19,070
2020 $695 $54,439 $37,709 $16,730
2019 $675 $51,898 $35,968 $15,930
2018 $684 $51,041 $35,241 $15,800
2017 $667 $51,041 $35,241 $15,800
2016 $624 $46,675 $32,815 $13,860
2015 $624 $46,455 $32,735 $13,720
2014 $573 $42,750 $30,160 $12,590
Source: Public Records

Agents Affiliated with this Home

  • Chris Martin

    Seller's Agent in 2020

    Chris Martin

    Land Leader

    (541) 660-5111

    126 Total Sales

    Chris Martin
    Section Image
  • Wes Walton

    Seller Co-Listing Agent in 2020

    Wes Walton

    Land and Wildlife

    (541) 840-8685

    12 Total Sales

    Wes Walton
    Section Image
  • Ashley Lacer

    Buyer Co-Listing Agent in 2020

    Ashley Lacer

    Land Leader

    (541) 660-5111

    103 Total Sales

    Ashley Lacer
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 103011554

Oregon Datashare

APN: 10460204

Oregon Jackson County Central Point 97502

2938 E Vilas Rd, Central Point, OR

This home is located at 2938 E Vilas Rd, Central Point, OR 97502 since 17 March 2020 and is currently estimated at $644,671, approximately $866 per square foot. This property was built in 1915. 2938 E Vilas Rd is a home located in Jackson County with nearby schools including Abraham Lincoln Elementary School, Hedrick Middle School, and North Medford High School.

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