NOT LISTED FOR SALE

4020 Payne Rd Medford, OR 97504

Estimated Value: $476,000 - $1,081,594

3 Beds
1 Bath
1,188 Sq Ft
$649/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $900,000 $758 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,446/month

15 Days on Market

Highlights

  • Home fronts a pond
  • Craftsman Architecture
  • 1-Story Property
  • 63.34 Acre Lot
  • Mountain View
  • Level Lot

About This Home

As of October 2018

Welcome to one of the most premier locations that Southern Oregon has to offer. The Swedenburg East Orchard, is a 63-acre pear farm that features prime irrigated soils, gently rolling terrain & a 1.5 acre reservoir. This property is zoned EFU & has water rights for 63 acres from the Talent Irrigation District. The soils are highly productive & provide a discerning buyer many farming opportunities. This property could be a phenomenal vineyard development. As one of the true rising stars in the vineyard & wine community, Southern Oregon offers a distinctly mild climate & a long growing season. The immediate area around the property features orchards, small farms, elegant rural estates & vineyards. The location is incredibly convenient being 1 mile to general conveniences, 10 miles to the Rogue Valley International Airport & 8 miles to downtown Ashland. There is an ideal private home-site that overlooks the reservoir & includes incredible panoramic views of the valley & mountains.

Last Agent to Sell the Property

Chris Martin

Land Leader License #200706071 Listed on: 07/17/2018

Co-Listed By

Wes Walton

Land and Wildlife License #200811034

Last Buyer's Agent

Chris Martin

Land Leader License #200706071 Listed on: 07/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $873

Year Built

  • Built in 1920

Lot Details

  • 63.34 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Property is zoned EFU, EFU

Parking

  • No Garage

Property Views

  • Mountain
  • Territorial
  • Valley

Home Design

  • Craftsman Architecture
  • Frame Construction

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Irrigation Water Rights
  • Well
  • Septic Tank

Listing and Financial Details

  • Exclusions: Wind Machines Negotiable
  • Assessor Parcel Number 10026280

Home Details

Home Type

Single Family

Est. Annual Taxes

$873

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Architectural Style: Craftsman
  • Directions: Call Listing Agent
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 63.34
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Co List Office Mls Id: orOLW
  • Co List Office Phone: 866-559-3478
  • Co List Office Phone: 866-559-3478
  • Outside Inclusions: Irrigation Equipment.
  • MLS Status: Closed
  • General Property Information:Zoning2: EFU
  • View Territorial: Yes
  • General Property Information Accessory Dwelling Unit YN: No
  • Levels:One: Yes
  • Water Source:Well: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • Architectural Style Craftsman: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Lot Features: Level
  • View: Mountain(s), Territorial, Valley
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Exclusions: Wind Machines Negotiable
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes
  • Waterfront Features:Pond3: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Lot Info

  • Additional Parcels Description: 10026638
  • Lot Size Sq Ft: 2759090.4
  • Parcel #: 10026280
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 873.18
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 28, 2018
Sold by
Associates Fruit Company
Bought by
Ellhous Rentals Llc
Seller's Agent
Chris Martin
Land Leader
Buyer's Agent
Chris Martin
Land Leader
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%
Current Estimated Value
$771,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,851
Avg. Annual Appreciation
-2.63%

Purchase Details

Closed on
Aug 29, 2001
Sold by
Purdy Norman K and Collins Jeanne
Bought by
Associated Fruit Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.09%
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
Ellhous Rentals Llc $900,000 Ticor Title
Associated Fruit Co $260,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Associated Fruit Co $260,000
Closed Ellhous Rentals Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $900,000 -21.7% $758 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $1,150,000 -- $968 / 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 $2,683 $214,632 $47,662 $166,970
2024 $2,683 $208,501 $46,391 $162,110
2023 $2,599 $202,553 $45,153 $157,400
2022 $2,534 $202,553 $45,153 $157,400
2021 $2,290 $181,797 $43,957 $137,840
2020 $2,072 $165,032 $42,792 $122,240
2019 $970 $74,804 $40,564 $34,240
2018 $943 $72,748 $39,498 $33,250
2017 $886 $72,748 $39,498 $33,250
2016 $864 $68,809 $37,459 $31,350
2015 $829 $68,809 $37,459 $31,350
2014 $797 $65,095 $35,535 $29,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102992048

Oregon Datashare

APN: 10026280