NOT LISTED FOR SALE

3048 Sheraton Ct Medford, OR 97504

North Medford Neighborhood

Estimated Value: $751,000 - $830,000

10 Beds
7 Baths
4,702 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $410,000 $87 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,017/month

9 Days on Market

About This Home

As of April 2014

This is a really great investment opportunity. This 4-plex is conveniently located in a terrific Medford location and is turn-key ready. Two units are 3 bed, 2 bath and two units are 2 bed 1 1/2 bath. Each unit comes with a range/oven, dishwasher, refrigerator and garbage disposal. All the units have washer/dryer hook-ups in the units and 2 assigned parking spaces as well.

Last Agent to Sell the Property

Kathy Fischer

John L. Scott Medford License #200205039 Listed on: 03/03/2014

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

  • $4,884

Year Built

  • Built in 1994

Lot Details

  • 3,485

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Schools

  • Abraham Lincoln Elementary School
  • Hedrick Middle School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 3,485 Sq Ft Lot

Community Details

  • 4 Units
  • Gross Income $36,480

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10844798

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,884

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Directions: East on Delta Waters and left on Sheraton Court to address.
  • Unit Levels: Two
  • Lot Size Acres: 0.08
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1994
  • Total Gross Income: 36480.0
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: R/O, frig, DW, GD
  • MLS Status: Closed
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Exclusions: Tenants Personal Property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Elementary School: Abraham Lincoln Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 10844798
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4883.97
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 22, 2014
Sold by
A & L Investments Llc
Bought by
Deluca Ronald L and The Deluca Revacable Trust
Seller's Agent
Kathy Fischer
John L. Scott Medford
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$800,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,982
Avg. Annual Appreciation
6.16%
Original Mortgage
$328,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2012
Sold by
Sue Adrian G and Sue Loralee D
Bought by
A & L Investments Llc

Purchase Details

Closed on
Sep 25, 2012
Sold by
A & L Investments Llc
Bought by
Sue Adrian G and Sue Loralee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Sue Adrian G and Sue Loralee D
Bought by
A & L Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,750
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2004
Sold by
Maddox Frank J and Maddox Janice M
Bought by
Sue Adrian G and Sue Loralee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,750
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1998
Sold by
Deluca Revocable Trust
Bought by
Deluca Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 4, 1998
Sold by
Dix A Chapman and Dix Kathryn V
Bought by
Maddox Frank J and Maddox Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.95%
Mortgage Type
Credit Line Revolving
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
Deluca Ronald L $410,000 First American
A & L Investments Llc -- None Available
Sue Adrian G -- First American
A & L Investments Llc -- --
Sue Adrian G $397,000 Lawyers Title Ins
Deluca Revocable Trust -- Amerititle
Maddox Frank J $260,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deluca Ronald L $328,000
Previous Owner Sue Adrian G $262,500
Previous Owner Sue Adrian G $297,750
Previous Owner Deluca Revocable Trust $562,500
Previous Owner Maddox Frank J $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $410,000 -3.5% $87 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $425,000 -- $90 / 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 $6,865 $473,390 $76,620 $396,770
2024 $6,865 $459,610 $74,390 $385,220
2023 $6,655 $446,230 $72,230 $374,000
2022 $6,493 $446,230 $72,230 $374,000
2021 $6,325 $433,240 $70,130 $363,110
2020 $6,191 $420,630 $68,080 $352,550
2019 $6,045 $396,490 $64,180 $332,310
2018 $5,890 $384,950 $62,310 $322,640
2017 $5,771 $384,950 $62,310 $322,640
2016 $5,822 $362,860 $58,730 $304,130
2015 $5,596 $362,860 $58,730 $304,130
2014 $5,374 $335,930 $83,440 $252,490
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kathy Fischer

    John L. Scott Medford

    (541) 779-3611

    1 in this area

    28 Total Sales

    Kathy Fischer
    Section Image
  • Jim North

    Buyer's Agent in 2014

    Jim North

    John L. Scott Medford

    (541) 488-1311

    6 in this area

    183 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2014

    Douglas Morse

    John L. Scott Medford

    (541) 734-5280

    9 in this area

    527 Total Sales

    Douglas Morse
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102944733

Oregon Datashare

APN: 10844798

Oregon Jackson County Medford 97504 North Medford

3048 Sheraton Ct, Medford, OR

This home is located at 3048 Sheraton Ct, Medford, OR 97504 since 03 March 2014 and is currently estimated at $800,982, approximately $170 per square foot. This property was built in 1994. 3048 Sheraton Ct 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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