NOT LISTED FOR SALE

Estimated Value: $367,000 - $383,000

4 Beds
2 Baths
1,740 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $302,500 $174 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,289/month

10 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Carpet
  • No HOA
  • Central Air
  • Heat Pump System

About This Home

As of April 2021

This is an extremely rare and clean investment property within our current market on a large quiet corner lot. There are 2 two bedroom one bathroom units. It has enjoyed long term good cap rate and virtually zero vacancy, managed by an excellent local company. There is ample off street and side street parking spaces for tenants and guests. The kitchens are large and very useable. Tenants have access to a shared laundry room and enjoy large back yards to do with what they please. The front and side yards are professionally maintained. A trip to downtown Medford is less than one mile away with parks nearby.
Listing agent is related to seller.

Last Agent to Sell the Property

Craig Fox

eXp Realty, LLC License #201216492 Listed on: 03/08/2021

Last Buyer's Agent

Douglas Morse

John L. Scott Medford License #900700181

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,735

Year Built

  • Built in 1993

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • Shared Driveway
  • On-Street Parking

Schools

  • Washington Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1-0404876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,735

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: NW corner of 11th Street and Hamilton Street.
  • Unit Levels: One
  • Lot Size Acres: 0.19
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: N/A
  • Year Built: 1993
  • Co List Office Phone: 888-814-9613
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Washington Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: Sfr-10
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Concrete
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Parking Features: Concrete, Driveway, On Street, Shared Driveway
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air, 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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Washington Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 1-0404876
  • ResoLotSizeUnits: Acres
  • Zoning Description: Sfr-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2734.94
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 1, 2021
Sold by
Fox Lee and Fox Susan
Bought by
Deluca Ronald L and Deluca Revocable Trust
Seller's Agent
Craig Fox
eXp Realty, LLC
Buyer's Agent
Douglas Morse
John L. Scott Medford
List Price
$329,900
Sold Price
$302,500
Premium/Discount to List
-$27,400
-8.31%
Current Estimated Value
$374,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,958
Avg. Annual Appreciation
4.95%
Source: Public Records

Range of Values:

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Average Value
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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 $302,500 Amerititle
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $302,500 -8.3% $174 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $329,900 -- $190 / 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 $3,033 $209,120 $78,540 $130,580
2024 $3,033 $203,030 $76,260 $126,770
2023 $2,940 $197,120 $74,040 $123,080
2022 $2,868 $197,120 $74,040 $123,080
2021 $2,794 $191,380 $71,890 $119,490
2020 $2,735 $185,810 $69,800 $116,010
2019 $2,670 $175,150 $65,790 $109,360
2018 $2,602 $170,050 $57,750 $112,300
2017 $2,555 $170,050 $57,750 $112,300
2016 $2,560 $160,300 $54,430 $105,870
2015 $2,367 $148,480 $50,420 $98,060
2014 $2,367 $147,940 $49,440 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220117864

Oregon Datashare

APN: 10404876