NOT LISTED FOR SALE

345 S Central Ave Medford, OR 97501

Estimated Value: $1,488,215

-- Bed
-- Bath
7,592 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 345 S Central Ave, Medford, OR 97501 and is currently estimated at $1,488,215, approximately $196 per square foot. 345 S Central Ave is a home located in Jackson County with nearby schools including Jefferson Elementary School, McLoughlin Middle School, and South Medford High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2019
Sold by
Panchal Bhavikbhai B and Panchal Rupal B
Bought by
Budget Inn Of America Llc
Current Estimated Value
$1,488,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$755,308
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$719,234

Purchase Details

Closed on
May 28, 2010
Sold by
Patel Thakorbhai N and Patel Savitaben T
Bought by
Panchal Bhavikbhai B and Panchal Rupal B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1999
Sold by
Olympic Coast Investment Inc and Yeshe Bernice G
Bought by
Olympic Coast Investment Inc and Yeshe Bernice G
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Budget Inn Of America Llc -- First American Title
Panchal Bhavikbhai B -- Amerititle
Olympic Coast Investment Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budget Inn Of America Llc $900,000
Previous Owner Panchal Bhavikbhai B $750,000
Previous Owner Patel Thakorbhai N $80,000
Previous Owner Patel Thakorbhai N $410,000
Previous Owner Davis Homer Lee $1,100,000
Source: Public Records

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 $14,111 $972,980 $336,890 $636,090
2024 $14,111 $944,650 $327,080 $617,570
2023 $13,678 $917,140 $317,550 $599,590
2022 $13,345 $917,140 $317,550 $599,590
2021 $13,000 $890,430 $308,300 $582,130
2020 $12,502 $839,330 $290,600 $548,730
2019 $12,426 $815,030 $556,130 $258,900
2018 $12,107 $777,170 $269,080 $508,090
2017 $11,764 $777,170 $269,080 $508,090
2016 $11,967 $745,890 $508,940 $236,950
2015 $11,503 $745,890 $508,940 $236,950
2014 $11,300 $703,080 $479,730 $223,350
Source: Public Records

Map

Oregon Jackson County Medford 97501

345 S Central Ave, Medford, OR

This home is located at 345 S Central Ave, Medford, OR 97501 and is currently estimated at $1,488,215, approximately $196 per square foot. 345 S Central Ave is a home located in Jackson County with nearby schools including Jefferson Elementary School, McLoughlin Middle School, and South Medford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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