Seller's Agent in 2023
Steve Thomas
eXp Realty, LLC
(541) 941-9844
16 in this area
474 Total Sales
440 N Grape St Medford, OR 97501
McLoughlin NeighborhoodEstimated Value: $361,000 - $493,842
4
Beds
4
Baths
1,858
Sq Ft
$241/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- No HOA
- Cooling System Mounted To A Wall/Window
- Territorial View
- Walk-In Closet
- Fenced
About This Home
As of August 2023Calling all investors! Incredible opportunity awaits in downtown Medford! Seize the moment with this remarkable fourplex boasting amazing cap rates! Situated in the heart of downtown Medford, this property offers unbeatable convenience and a vibrant urban lifestyle. Property consists of three 1 BD/1 BTH units with one 2 BD/1 BTH unit. All four units have been recently remodeled and are currently rented, ensuring immediate and consistent cash flow from day one. Say goodbye to the hassle of finding tenants and hello to a profitable investment! With a fenced yard on the side, the property provides a charming outdoor space where tenants can relax and enjoy the fresh air. With this extra-large lot, there's incredible potential to build in the back, unlocking even more value and profit! Don't miss out on this prime opportunity, embrace the thrill of this downtown gem and secure your financial future. Buyer to do own due diligence regarding land use and building.
Last Agent to Sell the Property
eXp Realty, LLC License #201221244 Listed on: 06/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,852
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Level Lot
Property Views
- Territorial
- Neighborhood
Home Design
- Quadruplex
- Craftsman Architecture
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- Walk-In Closet
- 2-Story Property
- Oven
Flooring
- Carpet
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- No Garage
- Gravel Driveway
- On-Street Parking
Schools
- Jackson Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Exclusions: Tenant's personal property
- Tax Lot 6400
- Assessor Parcel Number 10393211
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 15, 2025
Sold by
Dunn Lee T
Bought by
Dunn Lee I and Dunn Nancy
Total Days on Market
5
Current Estimated Value
Purchase Details
Listed on
Jun 23, 2022
Closed on
Sep 2, 2022
Sold by
Harding Alice J
Bought by
Dunn Lee and Dunn Louise
Seller's Agent
JJ Kramer
John L. Scott Medford
Buyer's Agent
Steve Thomas
eXp Realty, LLC
List Price
$275,000
Sold Price
$210,000
Premium/Discount to List
-$65,000
-23.64%
Views
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
31.17%
Original Mortgage
$298,500
Interest Rate
5.54%
Mortgage Type
Construction
Purchase Details
Listed on
Jun 23, 2022
Closed on
Sep 1, 2022
Sold by
Lee Dunn
Bought by
Zrkl Real Estate Llc
Seller's Agent
JJ Kramer
John L. Scott Medford
Buyer's Agent
Steve Thomas
eXp Realty, LLC
List Price
$275,000
Sold Price
$210,000
Premium/Discount to List
-$65,000
-23.64%
Views
9
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
5.54%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 17, 2014
Sold by
Harding Alice J
Bought by
Dunn Lee and Dunn Louise
Purchase Details
Closed on
Apr 16, 2007
Sold by
Johnson Larry A and Johnson Betty L
Bought by
Harding Alice J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dunn Lee I | -- | None Listed On Document | |
| Dunn Lee I | -- | None Listed On Document | |
| Dunn Lee | -- | -- | |
| Zrkl Real Estate Llc | $210,000 | First American Title | |
| Dunn Lee | $144,340 | Fa | |
| Harding Alice J | $199,900 | Amerititle |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Athanas Daniel | $265,000 | |
| Previous Owner | Zrkl Real Estate Llc | $298,500 | |
| Previous Owner | Hardin Alice J | $150,800 | |
| Previous Owner | Harding Alice J | $159,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $495,000 | -1.0% | $266 / Sq Ft |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | For Sale | $500,000 | +138.1% | $269 / Sq Ft |
| 08/31/2022 08/31/22 | Sold | $210,000 | -23.6% | $113 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $275,000 | -- | $148 / 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 | $1,958 | $135,020 | $95,880 | $39,140 |
| 2024 | $1,958 | $131,090 | $93,090 | $38,000 |
| 2023 | $1,898 | $127,280 | $90,380 | $36,900 |
| 2022 | $1,852 | $127,280 | $90,380 | $36,900 |
| 2021 | $1,804 | $123,580 | $87,750 | $35,830 |
| 2020 | $1,766 | $119,990 | $85,200 | $34,790 |
| 2019 | $2,068 | $113,110 | $80,310 | $32,800 |
| 2018 | $2,225 | $109,820 | $77,980 | $31,840 |
| 2017 | $2,258 | $109,820 | $77,980 | $31,840 |
| 2016 | $1,923 | $103,530 | $73,520 | $30,010 |
| 2015 | $1,590 | $100,520 | $71,380 | $29,140 |
| 2014 | $1,577 | $98,580 | $70,000 | $28,580 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Thomas
-
Kevin Anderson
K
Buyer's Agent in 2023
Kevin Anderson
John L. Scott Medford
(541) 951-1660
2 in this area
44 Total Sales
-
JJ Kramer
Seller's Agent in 2022
JJ Kramer
John L. Scott Medford
(541) 840-2992
11 in this area
653 Total Sales
Map
Source: Oregon Datashare
MLS Number: 220165161
APN: 10393211
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