NOT LISTED FOR SALE

3597 Madrona Ln Medford, OR 97501

Estimated Value: $411,942 - $489,000

3 Beds
2.5 Baths
1,488 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $170,000 $114 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $2,656/month

7 Days on Market

Highlights

  • Outdoor Pool
  • Double Pane Windows
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • 1-Story Property
  • Fenced

About This Home

As of June 2012

3 bedroom 2.5 bath 1488sqft home on .34ac built in 1960. Large lot w/ mature trees and semi-private front yard. Detached garage could be used also as a workshop. This is a Fannie Mae Home Path Property. Purchase this property for as little as 3 percent down! This property is also approved for Home Path Renovation Mortgage Financing.

Last Agent to Sell the Property

Diane Adams : Home Quest Realty

Coldwell Banker Pro West R.E. License #950800029 Listed on: 04/20/2012

Coldwell Banker Pro West R.E.

Co-Listed By

Scott Gephart

eXp Realty, LLC License #200406064

Last Buyer's Agent

Don McCoy

eXp Realty, LLC License #200204074

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Property is zoned UR-1, UR-1

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Outdoor Pool

Schools

  • South Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10436458

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Directions: Arnold to Madrona. See MLS map for more details.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.34
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Co List Office Mls Id: orTAG
  • Co List Office Phone: 541-608-9500
  • Co List Office Phone: 541-608-9500
  • MLS Status: Closed
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: UR-1
  • General Property Information:Bathrooms Half: 1
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Well: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Pool
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced
  • Roof: Composition
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Pool2: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Detached
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Security: Smoke Detector(s), Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric2: Yes

Schools

  • High School: South Medford High

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 10436458
  • ResoLotSizeUnits: Acres
  • Zoning Description: UR-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1938.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Smigelski David and Mcclain Nancy L
Seller's Agent
Diane Adams : Home Quest Realty
Coldwell Banker Pro West R.E.
Buyer's Agent
Don McCoy
eXp Realty, LLC
List Price
$178,500
Sold Price
$170,000
Premium/Discount to List
-$8,500
-4.76%
Current Estimated Value
$445,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,647
Avg. Annual Appreciation
7.63%
Original Mortgage
$136,000
Outstanding Balance
$94,524
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$353,772

Purchase Details

Closed on
Mar 30, 2012
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 28, 2012
Sold by
Gibson Joshua Oliver and Wyndearo Toni L
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Jul 20, 2000
Sold by
Rice Rick A and Rice Debbie D
Bought by
Wyndearo Toni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.37%

Purchase Details

Closed on
Aug 6, 1999
Sold by
Skundrick Patricia A
Bought by
Rice Rick A and Rice Debbie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.64%
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
Smigelski David $170,000 Ticor Title Company Oregon
Federal National Mortgage Association -- Fa
Suntrust Mortgage Inc $289,176 Fa
Wyndearo Toni L $142,500 Crater Title Insurance
Rice Rick A $137,500 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smigelski David $136,000
Previous Owner Gibson Joshua Oliver $240,000
Previous Owner Gibson Joshua O $25,000
Previous Owner Wyndearo Toni L $170,000
Previous Owner Wyndearo Toni L $114,000
Previous Owner Rice Rick A $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $170,000 -4.8% $114 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $178,500 -- $120 / 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 $2,784 $236,270 $96,260 $140,010
2024 $2,784 $229,390 $129,010 $100,380
2023 $2,698 $222,710 $125,250 $97,460
2022 $2,635 $222,710 $125,250 $97,460
2021 $2,569 $216,230 $121,590 $94,640
2020 $2,509 $209,940 $118,060 $91,880
2019 $2,452 $197,900 $111,270 $86,630
2018 $2,390 $192,140 $108,040 $84,100
2017 $2,353 $192,140 $108,040 $84,100
2016 $2,309 $181,120 $101,830 $79,290
2015 $2,211 $181,120 $101,830 $79,290
2014 $2,180 $170,730 $95,980 $74,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102929654

Oregon Datashare

APN: 10436458