NOT LISTED FOR SALE

302 Alice St Unit 1 & 2 Medford, OR 97501

Liberty Park Neighborhood

Estimated Value: $213,000 - $293,346

3 Beds
2 Baths
944 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $210,000 $222 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,490/month

104 Days on Market

Highlights

  • City View
  • Cottage
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Double Pane Windows
  • Fire Pit

About This Home

As of January 2023

Estimated rents put this at a 6%+ cap rate, or offers the chance for an owner-occupant to rent out one unit and offset their mortgage. With the potential to use one or both units as an Airbnb, monthly income could be even higher. This charming duplex is on a quiet street in central Medford surrounded by well-maintained homes. The front and backyard are both fenced, with mature landscaping up front offering privacy and no-maintenance landscaping in the back with a small fire pit. The two-bedroom, one-bathroom main level has been recently updated with new windows, new interior paint, and new flooring, and has its own full laundry hookups. Upstairs is a cute studio with a full kitchen and bathroom, new carpet, and private entrance. An extra-deep driveway offers plenty of parking, with a small storage area on the side of the house.

Last Agent to Sell the Property

Michael Kerlinger

John L. Scott Medford Brokerage Phone: 5416217111 License #201227588 Listed on: 10/31/2022

John L. Scott Medford

Last Buyer's Agent

Eric Rosenlof

John L. Scott Medford License #201244584

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1935

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Level Lot

Parking

  • Gravel Driveway

Property Views

  • City
  • Neighborhood

Home Design

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

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Fire Pit

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10388125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Architectural Style: Cottage/Bungalow
  • Directions: From Edwards St, turn north onto Boardman St, then west onto Alice St to property address.
  • Unit Levels: Two
  • Lot Size Acres: 0.06
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: N/A
  • Year Built: 1935
  • Attribution Contact: 5416217111
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: Oven(s)/Range(s); Refrigerators(s); Water Heater(s)
  • 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: SFR-10
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • View:City3: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Laminate, Vinyl
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Fire Pit
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Roof: Composition
  • View: City, Neighborhood
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Fire Pit: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes

Garage/Parking

  • Parking Features: Driveway, Gravel
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

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: 2613.6
  • Parcel #: 10388125
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1399.83
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Jan 11, 2023
Sold by
Shenandoah Justin
Bought by
Lovell Sarah
Seller's Agent
Michael Kerlinger
John L. Scott Medford
Buyer's Agent
Eric Rosenlof
John L. Scott Medford
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Total Days on Market
104
Views
108
Current Estimated Value
$246,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,837
Avg. Annual Appreciation
6.96%
Original Mortgage
$178,500
Outstanding Balance
$173,289
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$76,031

Purchase Details

Listed on
Aug 13, 2014
Closed on
Jan 23, 2015
Sold by
Daidone Helene
Bought by
Shanandoah Justin and Shenandoah Molly G
Seller's Agent
Alice Headley
LPT Realty, LLC
Buyer's Agent
Rick Harris
John L. Scott Ashland
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$78,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2010
Sold by
Murray Michele
Bought by
Daidone Helene

Purchase Details

Closed on
Sep 9, 2009
Sold by
S & J Properties Llc
Bought by
Murray Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,968
Interest Rate
5.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 9, 2004
Sold by
Hoover Myrtle Ann
Bought by
S & J Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
5.56%
Mortgage Type
Seller Take Back
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
Lovell Sarah $210,000 First American Title
Shanandoah Justin $105,000 Ticor Title Company
Daidone Helene -- Accommodation
Murray Michele $95,000 Accommodation
S & J Properties Llc $70,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovell Sarah $178,500
Previous Owner Shanandoah Justin $78,750
Previous Owner Murray Michele $54,968
Previous Owner S & J Properties Llc $150,000
Previous Owner S & J Properties Llc $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2023 01/18/23 Sold $210,000 0.0% $222 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/08/2022 12/08/22 Price Changed $210,000 -6.7% $222 / Sq Ft
10/31/2022 10/31/22 For Sale $225,000 0.0% $238 / Sq Ft
10/31/2022 10/31/22 Price Changed $225,000 -4.3% $238 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $235,000 -6.0% $249 / Sq Ft
09/16/2022 09/16/22 For Sale $250,000 0.0% $265 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $250,000 +138.1% $265 / Sq Ft
01/29/2015 01/29/15 Sold $105,000 0.0% --
12/06/2014 12/06/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $105,000 -- --
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 $1,519 $104,760 $51,430 $53,330
2024 $1,519 $101,710 $49,930 $51,780
2023 $1,473 $98,750 $48,480 $50,270
2022 $1,437 $98,750 $48,480 $50,270
2021 $1,400 $95,880 $47,070 $48,810
2020 $1,370 $93,090 $45,710 $47,380
2019 $1,338 $87,750 $43,080 $44,670
2018 $1,304 $85,200 $41,830 $43,370
2017 $1,280 $85,200 $41,830 $43,370
2016 $1,289 $80,320 $39,420 $40,900
2015 $1,239 $80,320 $39,420 $40,900
2014 $1,217 $75,720 $37,160 $38,560
Source: Public Records

Agents Affiliated with this Home

  • Michael Kerlinger

    Seller's Agent in 2023

    Michael Kerlinger

    John L. Scott Medford

    (541) 621-7111

    2 in this area

    133 Total Sales

    Section Image

  • E

    Buyer's Agent in 2023

    Eric Rosenlof

    John L. Scott Medford

  • A

    Seller's Agent in 2015

    Alice Headley

    LPT Realty, LLC

    (541) 423-8411

    47 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Don Dixon

    eXp Realty, LLC

    Section Image
  • Rick Harris

    Buyer's Agent in 2015

    Rick Harris

    John L. Scott Ashland

    (541) 840-2266

    1 in this area

    181 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220152961

Oregon Datashare

APN: 10388125

Oregon Jackson County Medford 97501 Liberty Park

302 Alice St Unit 1 & 2, Medford, OR

This home is located at 302 Alice St Unit 1 & 2, Medford, OR 97501 since 31 October 2022 and is currently estimated at $246,837, approximately $261 per square foot. This property was built in 1935. 302 Alice St Unit 1 & 2 is a home located in Jackson County with nearby schools including Wilson Elementary School, Hedrick Middle School, and North Medford High School.

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