NOT LISTED FOR SALE

2990 State St Medford, OR 97504

-- Bed
-- Bath
13,004 Sq Ft
0.66 Acres

Last Sold September 17, 2021

Last sale price $1,750,000 $135 Per Sq Ft

3 Days on Market

Highlights

  • No HOA
  • Shed
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • Detached Carport Space
  • Heating Available

About This Home

As of September 2021

East Medford Investment Opportunity. (16) unit Montcrest Apartments. Fantastic location in area of well-maintained multi-family buildings near area shopping, restaurants, & medical facilities. Large corner lot with established landscaping, mature shade trees, peaceful setting, offers good parking with (16) covered, (4) open spaces, & plenty of curbside street parking. New exterior paint and updated several times since the original date of construction with 2, two story multi-plex buildings. There are 13, one bedroom one bath units and 3, two bedroom one bath units. There is also a 14' X 13' laundry room with coin operated washer(s) and dryer(s), and a 14' X 17' storage shed. Listing agent to provide current rent roll, rent increase notices in place, and interior walk-through reports upon request.

Last Agent to Sell the Property

Randy McBee

John L. Scott Medford License #940500216 Listed on: 07/16/2021

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

  • $13,003

Year Built

  • Built in 1971

Lot Details

  • 0.66 Acre Lot
  • Two or More Common Walls

Parking

  • Detached Carport Space

Home Design

  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Schools

  • Orchard Hill Elementary School
  • Talent Middle School
  • Phoenix High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • 16 Units

Listing and Financial Details

  • Tax Lot 1505
  • Assessor Parcel Number 10022181

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,003

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: Barnett Road to South turn onto Murphy Road to East turn onto State Street
  • Unit Levels: Two
  • Lot Size Acres: 0.66
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1971
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Orchard Hill Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information High School: Phoenix High
  • General Property Information:Zoning2: MFR-30
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1505
  • General Property Information New Construction YN: No
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range
  • Flooring: Carpet, Vinyl
  • Window Features: Vinyl Frames
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Stemwall
  • Other Structures: Shed(s)
  • Roof: Composition
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Detached Carport
  • Attached Garage: No
  • Parking Features:Detached Carport: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Hill Elem
  • High School: Phoenix High
  • Middle Or Junior School: Talent Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 28749.6
  • Parcel #: 10022181
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-30
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Annual Amount: 13002.83
  • Tax Lot: 1505
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $1,750,000 0.0% $135 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,750,000 -- $135 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220127438

Oregon Datashare