3975 Payne Rd Medford, OR 97504
2
Beds
1
Bath
1,024
Sq Ft
1.25
Acres
Highlights
- Open Floorplan
- Ranch Style House
- No HOA
- Vineyard View
- Granite Countertops
- Wood Frame Window
About This Home
As of July 2025Wonderfully updated Cottage style farm home, situated on 1.25 acres. The living and kitchen areas have been completely remodeled from the studs up, with new sheetrock, laminate flooring, electrical, kitchen cabinet and granite counters, fixtures and dishwasher. Both bedrooms have built-ins, indoor laundry and a bonus room off the back of the home. A newer septic system, newer roof and a great well producing approximately 9 gallons per minute according to the seller. The property is level and has TID irrigation. Detached garage and an 8X12 shed. Plenty of fenced space for animals and a garden area. This rural property is ideal and within approximately 10 minutes to either Medford or Ashland. Enjoy watching the sunsets on the covered porch!
Last Agent to Sell the Property
Invest Rite Realty Group, LLC License #200407254 Listed on: 06/14/2025
Last Buyer's Agent
Invest Rite Realty Group, LLC License #200407254 Listed on: 06/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,882
Year Built
- Built in 1943
Lot Details
- 1.25 Acre Lot
- Fenced
- Landscaped
- Property is zoned F-5, F-5
Parking
- 1 Car Detached Garage
- Driveway
Property Views
- Vineyard
- Mountain
- Territorial
Home Design
- Ranch Style House
- Cottage
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,024 Sq Ft Home
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Double Pane Windows
- Vinyl Clad Windows
- Wood Frame Window
- Living Room
Kitchen
- Range
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Shed
- Front Porch
Schools
- Phoenix Elementary School
- Talent Middle School
- Phoenix High School
Farming
- 1 Irrigated Acre
- Pasture
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Irrigation Water Rights
- Well
- Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1700
- Assessor Parcel Number 10040795
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2025
Closed on
Jul 16, 2025
Sold by
Klaphaak Zachary and Foster Beverly W
Bought by
Miller John and Miller Kirsten
Seller's Agent
Kyle Cawthorne
Invest Rite Realty Group, LLC
Buyer's Agent
Kyle Cawthorne
Invest Rite Realty Group, LLC
List Price
$427,500
Sold Price
$432,500
Premium/Discount to List
$5,000
1.17%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.46%
Original Mortgage
$324,350
Outstanding Balance
$324,350
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$101,328
Purchase Details
Listed on
Aug 17, 2020
Closed on
Sep 25, 2020
Sold by
Weaver Mike W and Weaver Susan M
Bought by
Klaphaak Zachary and Foster Beverly W
Seller's Agent
Douglas Morse
John L. Scott Medford
Buyer's Agent
Dan Maymar
John L. Scott Ashland
List Price
$335,000
Sold Price
$338,000
Premium/Discount to List
$3,000
0.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$287,300
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2015
Sold by
The Bank Of New York Mellon
Bought by
Weaver Susan M and Weaver Mike W
Purchase Details
Closed on
Oct 22, 2014
Sold by
Rickard Bryce and Rickard Sheryl A
Bought by
The Bank Of New York Mellon and The Bank Of New York
Purchase Details
Closed on
Apr 5, 2014
Sold by
Rickard Bryce and Rickard Sheryl A
Bought by
The Bank Of New York Mellon
Purchase Details
Closed on
Sep 1, 2004
Sold by
Reed Robert J
Bought by
Rickard Bryce and Rickard Sheryl A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jul 9, 2004
Sold by
Creekmore Bruce
Bought by
Reed Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First
Similar Homes in Medford, OR
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $432,500 | First American Title | |
| Warranty Deed | $338,000 | First American | |
| Special Warranty Deed | $165,000 | Amerititle | |
| Sheriffs Deed | $156,000 | None Available | |
| Sheriffs Deed | $156,000 | None Available | |
| Warranty Deed | -- | Amerititle | |
| Personal Reps Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,350 | New Conventional | |
| Previous Owner | $287,300 | New Conventional | |
| Previous Owner | $158,000 | Stand Alone First | |
| Previous Owner | $128,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $432,500 | +1.2% | $422 / Sq Ft |
| 06/15/2025 06/15/25 | Pending | -- | -- | -- |
| 06/14/2025 06/14/25 | For Sale | $427,500 | 0.0% | $417 / Sq Ft |
| 06/02/2025 06/02/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | For Sale | $427,500 | +26.5% | $417 / Sq Ft |
| 09/29/2020 09/29/20 | Sold | $338,000 | +0.9% | $330 / Sq Ft |
| 08/19/2020 08/19/20 | Pending | -- | -- | -- |
| 08/17/2020 08/17/20 | For Sale | $335,000 | -- | $327 / Sq Ft |
Source: Oregon Datashare
Tax History Compared to Growth
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 | $2,882 | $238,360 | $158,490 | $79,870 |
| 2024 | $2,882 | $231,420 | $161,510 | $69,910 |
| 2023 | $2,791 | $224,680 | $156,810 | $67,870 |
| 2022 | $2,655 | $224,680 | $156,810 | $67,870 |
| 2021 | $2,597 | $218,140 | $152,250 | $65,890 |
| 2020 | $2,513 | $211,790 | $147,820 | $63,970 |
| 2019 | $2,448 | $199,650 | $139,350 | $60,300 |
| 2018 | $2,376 | $193,840 | $135,300 | $58,540 |
| 2017 | $2,223 | $193,840 | $135,300 | $58,540 |
| 2016 | $2,165 | $182,720 | $127,550 | $55,170 |
| 2015 | $2,072 | $182,720 | $127,550 | $55,170 |
| 2014 | $1,988 | $172,240 | $120,240 | $52,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Cawthorne
K
Seller's Agent in 2025
Kyle Cawthorne
Invest Rite Realty Group, LLC
(541) 944-3458
70 Total Sales
-
Douglas Morse
Seller's Agent in 2020
Douglas Morse
John L. Scott Medford
(541) 734-5280
496 Total Sales
-
Dan Maymar
Buyer's Agent in 2020
Dan Maymar
John L. Scott Ashland
(541) 292-0211
32 Total Sales
Map
Source: Oregon Datashare
MLS Number: 220202762
APN: 10040795
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