NOT LISTED FOR SALE

3081 Payne Rd Medford, OR 97504

Estimated Value: $703,000 - $1,350,977

18.88 Acres
$49,669 Price per Acre
822,413 Sq Ft Lot

Last Sold October 10, 2016

Last sale price $525,000

Est. 79% increase in value since last sale

Current estimated payment $5,455/month

65 Days on Market

Highlights

  • 18.88 Acre Lot
  • Pasture
  • Cross Fenced
  • Mountain View

About This Lot

As of October 2016

Amazing views from this 18.88 acres in a beautiful and desirable valley. Build your dream home with unsurpassed views of the Siskiyous, Payne Cliffs and surrounding countryside. Two tax lots, zoned EFU with 3 acres of irrigation. A new pressurized irrigation line to the property was just installed. There is also an opportunity to include access to the property via a secure gated entry. The older mobile home is there to preserve the homesite. There's a wonderful hay barn and old dairy barn plus it's fenced and cross-fenced. Peaceful country setting but within 10 minutes to shopping, medical facilities and I-5. Don't miss this opportunity to own this rare piece of property!

Last Agent to Sell the Property

Judy Methvin

Windermere Van Vleet & Assoc2 License #851100211 Listed on: 06/27/2016

Windermere Van Vleet & Assoc2

Co-Listed By

Bob Methvin

Windermere Van Vleet & Assoc2 License #791100078

Last Buyer's Agent

Joe Suste

Real Estate For You License #970700062

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,513

Lot Details

  • 18.88 Acre Lot
  • Cross Fenced
  • Property is zoned EFU, EFU

Property Views

  • Mountain
  • Territorial
  • Valley

Schools

  • Orchard Hill Elementary School
  • Talent Middle School

Farming

  • Pasture

Utilities

  • Irrigation Water Rights
  • Well
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 10978279

Property Details

Property Type

Land

Est. Annual Taxes

$5,513

Lot Details

0

Listing Details

  • Directions: From I-5 at Phoenix Interchange, go East on Fern Valley Rd. Turn left on Payne Road. Property is on the right. Each driveway with a gate has a sign.
  • Lot Size Acres: 18.88
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Co List Office Mls Id: orVVA2
  • Co List Office Phone: 541-779-6520
  • Co List Office Phone: 541-779-6520
  • MLS Status: Closed
  • General Property Information Elementary School: Orchard Hill Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information:Zoning2: EFU
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Utilities Phone Available: Yes
  • Water Source:Well: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Pasture
  • View: Mountain(s), Territorial, Valley
  • Fencing: Cross Fenced
  • Exterior Features:Fencing - Cross Fenced: Yes
  • Lot Features:Pasture: Yes

Utilities

  • Water Source: Well
  • Utilities: Phone Available

Schools

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

Lot Info

  • Lot Size Sq Ft: 822412.8
  • Parcel #: 10978279
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2021
Sold by
Laidlaw Kenneth J and Peddicord Tracy M
Bought by
Laidlaw Kenneth J and Kenenth J Laidlaw Trust
Current Estimated Value
$937,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Outstanding Balance
$425,632
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$514,708

Purchase Details

Closed on
Feb 10, 2021
Sold by
Peddicord Tracy M
Bought by
Tracy M Peddicord Living Trust and Peddicord

Purchase Details

Closed on
Oct 26, 2020
Sold by
Laidlaw Kenneth J and Kenneth J Laidlaw Trust
Bought by
Laidlaw Kenneth J and Kenneth J Laidlaw Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 22, 2017
Sold by
Laidlaw Ken
Bought by
Laidlaw Kenneth J and Kenneth J Laidlaw Revocable Trust

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 5, 2016
Sold by
Canyon Hills Llc
Bought by
Laidlaw Ken
Seller's Agent
Judy Methvin
Windermere Van Vleet & Assoc2
Buyer's Agent
Joe Suste
Real Estate For You
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$425,000
Interest Rate
3.43%
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
Laidlaw Kenneth J -- Ticor Title Company Of Or
Laidlaw Kenneth J -- Ticor Title
Tracy M Peddicord Living Trust -- None Listed On Document
Laidlaw Kenneth J -- First American Title
Laidlaw Kenneth J -- None Available
Laidlaw Ken $525,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenneth J Laidlaw Trust $135,800
Open Laidlaw Kenneth J $505,000
Previous Owner Laidlaw Kenneth J $500,000
Previous Owner Laidlaw Ken $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2016 10/10/16 Sold $525,000 0.0% --
08/31/2016 08/31/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $525,000 -- --
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 $5,513 $436,025 $17,935 $418,090
2024 $5,513 $423,449 $17,529 $405,920
2023 $5,341 $411,235 $17,135 $394,100
2022 $5,206 $411,235 $17,135 $394,100
2021 $4,194 $328,004 $16,754 $311,250
2020 $4,063 $318,573 $16,383 $302,190
2019 $3,225 $243,756 $15,666 $228,090
2018 $921 $63,421 $23,721 $39,700
2017 $869 $63,421 $23,721 $39,700
2016 $849 $62,542 $12,072 $50,470
2015 $818 $62,542 $12,072 $50,470
2014 $789 $59,188 $11,608 $47,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102966992

Oregon Datashare

APN: 10025062