NOT LISTED FOR SALE

3987 Arrowhead Dr Medford, OR 97504

North Medford Neighborhood

Estimated Value: $767,000 - $886,000

10 Beds
7 Baths
4,874 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2015

Last sale price $480,000 $98 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,213 / mo

45 Days on Market

About This Home

As of December 2015

Excellent opportunity to buy an investment property, start a real estate investment portfolio, or add to one! This popular East Medford location is highly sought after by renters. Currently fully occupied 4-plex with long-term tenants. Two lower units are 3bed, 2 bath units with nicely fenced yards w/patio and vaulted ceilings in the master. Two upper units are 2bed, 1.5 bath units with vaulted ceilings and lots of sunny windows. All units have a detached garage.

Last Agent to Sell the Property

Alice Headley

LPT Realty, LLC License #200608147 Listed on: 08/07/2015

LPT Realty, LLC

Co-Listed By

Don Dixon

eXp Realty, LLC License #200311203

Last Buyer's Agent

John Ford

Ford Real Estate License #200901137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,802

Year Built

  • Built in 1998

Lot Details

  • 0.31

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10891956

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,802

Year Built

Built in 1998

Lot Details

0.31 Acres

Listing Details

  • Directions: At the corner of Coker Butte and Arrowhead Drive.
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1998
  • Co List Office Mls Id: orKWR
  • Co List Office Phone: 541-608-0447
  • Co List Office Phone: 541-608-0447
  • MLS Status: Closed
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 10891956
  • Zoning Description: MFR-20

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5802.34
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2025
Sold by
Happel Family Trust and Yela Ann
Bought by
Happel Credit Shelter Trust and Yela
Current Estimated Value
$853,385

Purchase Details

Closed on
May 27, 2022
Sold by
Mary Happel Georganna
Bought by
Happel Family Trust

Purchase Details

Closed on
Dec 5, 2016
Sold by
Beutler Exchange Group Llc
Bought by
Happel Georganna Mary

Purchase Details

Listed on
Aug 7, 2015
Closed on
Dec 1, 2015
Sold by
Carlson Stephen E and Carlson Kristiina E
Bought by
Beutler Exchange Group Llc
Seller's Agent
Alice Headley
LPT Realty, LLC
Buyer's Agent
John Ford
Ford Real Estate
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$322,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Ltw Llc
Bought by
Carlson Stephen E and Carlson Kristina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2004
Sold by
Wolfe Scott D and Wolfe Kimberly A
Bought by
Ltw Llc

Purchase Details

Closed on
Apr 2, 1999
Sold by
Murray Allan
Bought by
Wolfe Scott D and Wolfe Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Happel Credit Shelter Trust -- None Listed On Document
Happel Family Trust -- Ticor Title
Happel Georganna Mary -- Ticor Title Company Of Or
Beutler Exchange Group Llc $500,000 Ticor Title Company Of Or
Carlson Stephen E $625,000 First American
Ltw Llc -- --
Wolfe Scott D $315,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beutler Exchange Group Llc $322,000
Previous Owner Carlson Stephen E $468,750
Previous Owner Wolfe Scott D $247,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2015 12/21/15 Sold $480,000 -8.6% $98 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $525,000 -- $108 / Sq Ft
Source: Oregon Datashare

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
2026 $7,402 $514,680 -- --
2025 $7,247 $499,690 $172,890 $326,800
2024 $7,247 $485,140 $167,860 $317,280
2023 $7,025 $471,010 $162,970 $308,040
2022 $6,853 $471,010 $162,970 $308,040
2021 $6,676 $457,300 $158,220 $299,080
2020 $6,535 $443,990 $153,620 $290,370
2019 $6,381 $418,510 $144,790 $273,720
2018 $6,217 $406,330 $140,580 $265,750
2017 $6,105 $406,330 $140,580 $265,750
2016 $6,145 $383,010 $132,520 $250,490
2015 $5,907 $383,010 $132,520 $250,490
2014 $5,802 $361,030 $124,910 $236,120
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alice Headley

    LPT Realty, LLC

    (541) 423-8411

    50 Total Sales

    Alice Headley
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Don Dixon

    eXp Realty, LLC

    Section Image
  • John Ford

    Buyer's Agent in 2015

    John Ford

    Ford Real Estate

    (541) 773-2088

    6 in this area

    270 Total Sales

    John Ford
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 102958528

Oregon Datashare

APN: 10891956

Oregon Jackson County Medford 97502 North Medford

3987 Arrowhead Dr, Medford, OR

Not Listed for Sale

MultiFamily

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