NOT LISTED FOR SALE

425 Ross Ln N Medford, OR 97501

West Main Neighborhood

Estimated Value: $347,000 - $604,000

8 Beds
3 Baths
3,655 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $375,000 $103 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,097/month

296 Days on Market

Highlights

  • 1.88 Acre Lot
  • Forced Air Heating System
  • 2 Car Garage
  • 1-Story Property
  • Baseboard Heating
  • Fenced

About This Home

As of March 2019

Let the tenants pay your mortgage while you develop the lots! 1.88 acres with 3 homes that is currently in the County that can be annexed into the City. Nice entrance to the back of this level parcel w/paved road to the property line. Home 1: 3 bed/1 ba, good construction built in 1950 rented at $850.00/mo (below market value). Home 2: Cute 2 bed/1 ba in good condition rented at $900/mo (below market value) and sits behind a private 8' fence w/new mini split heat pump w/air, nice size yard, single garage & large garden area. Home 3: 1440sq.ft. manufactured home rented at $1200 w/new roof, large rooms, covered back porch, large garage w/workshop. All RENTALS ARE MONTH TO MONTH so when you want to start selling lots or building homes, you will still be able to make your payments with total rents each month at $2950.00 or Annual gross income of $35,400. The new subdivision behind this property is very nice & would make a great entrance into your very own subdivision.

Last Agent to Sell the Property

Marcia Ramsay-Coots

Windermere Van Vleet & Assoc2 License #780301763 Listed on: 03/26/2018

Windermere Van Vleet & Assoc2

Co-Listed By

Steve Parmelee

Windermere Van Vleet & Assoc2 License #890900084

Last Buyer's Agent

Keith Kenney

LPT Realty, LLC License #990100154

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,046

Lot Details

  • 1.88 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned SR-2.5, SR-2.5

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,655 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 10430056

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,046

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Other
  • Directions: W. McAndrews Road, right on North Ross Lane, propriety is on left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 1.88
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: orVVA2
  • Co List Office Phone: 541-779-6520
  • Co List Office Phone: 541-779-6520
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: SR-2.5
  • Sewer:Public Sewer: Yes
  • General Property Information Accessory Dwelling Unit YN: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Lot Features: Fenced, Level
  • Roof: Composition
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Baseboard, Electric, Forced Air
  • Sewer: Public Sewer
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Schools

  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Lot Size Sq Ft: 81892.8
  • Parcel #: 10430056
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: SR-2.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3046.13
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
Mar 15, 2019
Sold by
Hunt Joe Gene
Bought by
Thomson David and Thomson Anna
Seller's Agent
Marcia Ramsay-Coots
Windermere Van Vleet & Assoc2
Buyer's Agent
Keith Kenney
LPT Realty, LLC
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Current Estimated Value
$498,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,153
Avg. Annual Appreciation
4.36%
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 13, 2009
Sold by
Hunt Harvey H and Hunt Mildred A
Bought by
Hunt Harvey Harle and Hunt Mildred Alta
Source: Public Records

Range of Values:

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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
Thomson David $375,000 Amerititle
Hunt Harvey Harle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomson David $426,000
Closed Thomson David $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $375,000 -11.8% $103 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
03/26/2018 03/26/18 For Sale $425,000 -- $116 / 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 $4,437 $305,920 $206,620 $99,300
2024 $4,437 $297,010 $200,600 $96,410
2023 $4,301 $288,360 $194,760 $93,600
2022 $4,196 $288,360 $194,760 $93,600
2021 $4,087 $279,970 $189,090 $90,880
2020 $4,001 $271,820 $183,580 $88,240
2019 $3,907 $256,230 $173,050 $83,180
2018 $3,806 $248,770 $168,020 $80,750
2017 $3,046 $248,770 $168,020 $80,750
2016 $2,990 $234,500 $158,390 $76,110
2015 $2,862 $234,500 $158,390 $76,110
2014 $2,822 $221,040 $149,290 $71,750
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Marcia Ramsay-Coots

    Windermere Van Vleet & Assoc2

    Section Image
  • Steve Parmelee

    Seller Co-Listing Agent in 2019

    Steve Parmelee

    Windermere Van Vleet & Assoc2

    (541) 821-2955

    4 in this area

    229 Total Sales

    Section Image
  • Keith Kenney

    Buyer's Agent in 2019

    Keith Kenney

    LPT Realty, LLC

    (877) 366-2213

    12 in this area

    30 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102987373

Oregon Datashare

APN: 10430056

Oregon Jackson County Medford 97501 West Main

425 Ross Ln N, Medford, OR

This home is located at 425 Ross Ln N, Medford, OR 97501 since 26 March 2018 and is currently estimated at $498,153, approximately $136 per square foot. 425 Ross Ln N is a home located in Jackson County with nearby schools including Oak Grove Elementary School, McLoughlin Middle School, and South Medford High School.

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