NOT LISTED FOR SALE

4792 Payne Rd Medford, OR 97504

Estimated Value: $1,049,000

10 Acres
$104,900 Price per Acre
435,600 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $290,000

Est. 262% increase in value since last sale

Current estimated payment $5,682/month

566 Days on Market

About This Lot

As of April 2024

Beautiful 10 acre parcel in the Tuscan Hills with a gently sloping south facing homesite. The stunning location sits up near the knoll top and has incredible views toward Grizzly Peak, Pilot Rock, and the valley floor from rural Talent to the Wagner Butte. The homesite location includes mature Oak trees and a 600 ft well that was last tested in September 2021. Top 35 analytical results and a flow test are available upon request. The City of Talent is about a minute drive via Suncrest Road over Bear Creek and then Ashland or Medford are just a little further. Seller is willing to share a site plan and elevations for a well appointed 1,750 sf single level house with an accepted offer. Possible owner carry with a large down payment.

Last Agent to Sell the Property

John Steinbergs

Gateway Real Estate License #201211097 Listed on: 01/05/2024

Last Buyer's Agent

x No REALTOR Representation

No Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,342

Lot Details

  • 10 Acre Lot
  • Property is zoned OSR, OSR

Property Views

  • Panoramic
  • Mountain
  • Territorial
  • Valley

Schools

  • Orchard Hill Elementary School
  • Talent Middle School
  • Phoenix High School

Utilities

  • Well
  • Septic Needed

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 1102
  • Assessor Parcel Number 1-075587-4

Property Details

Property Type

Land

Est. Annual Taxes

$2,342

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 10.0
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Subdivision Name: N/A
  • Co List Office Phone: 541-482-1040
  • MLS Status: Closed
  • General Property Information Elementary School: Orchard Hill Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information High School: Phoenix High
  • General Property Information:Zoning2: OSR
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • View Territorial: Yes
  • Utilities:Electricity Available: Yes
  • Documents CCRs: Yes
  • View Cascade Mountains: Yes
  • Location Tax and Legal:Tax Lot: 1102
  • Water Source:Well: Yes
  • Sewer Septic Needed: Yes
  • Utilities:Electricity Connected: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • Special Features: None

Exterior Features

  • View: Cascade Mountains, Mountain(s), Panoramic, Territorial, Valley
  • View:Panoramic: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Hill Elem
  • High School: Phoenix High
  • Middle Or Junior School: Talent Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 435600.0
  • Parcel #: 1-075587-4
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: OSR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2342.0
  • Tax Lot: 1102
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 3, 2024
Sold by
Villareal Tracy and Dorf Barbara
Bought by
Brown Mark and Brown Sunaura Skye
Seller's Agent
John Steinbergs
Gateway Real Estate
Buyer's Agent
x No REALTOR Representation
No Office
List Price
$329,000
Sold Price
$290,000
Premium/Discount to List
-$39,000
-11.85%
Views
55
Current Estimated Value
$1,049,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,000
Avg. Annual Appreciation
108.48%
Original Mortgage
$220,000
Outstanding Balance
$151,442
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Estimated Equity
$897,558

Purchase Details

Listed on
Aug 15, 2016
Closed on
Jan 23, 2017
Sold by
Alfinito Valerie
Bought by
Villareal Tracy and Dorf Barbara
Seller's Agent
Elizabeth Owens
Professional Realty Services Int'l
Buyer's Agent
John Steinbergs
Gateway Real Estate
List Price
$349,900
Sold Price
$280,000
Premium/Discount to List
-$69,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%
Original Mortgage
$150,000
Interest Rate
4.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 28, 2014
Sold by
Thompson Inga
Bought by
Thompson Inga and Eric Anderson & Barbara Webb Revocable L

Purchase Details

Closed on
Mar 15, 2006
Sold by
Alfinito Arthur and Alfinito Lea
Bought by
Alfinito Arthur and Alfinito Lea
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Brown Mark $290,000 First American Title
Villareal Tracy $280,000 First American
Thompson Inga -- None Available
Alfinito Arthur -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mark $220,000
Previous Owner Villareal Tracy $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $290,000 -6.1% --
03/04/2024 03/04/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $309,000 -6.1% --
01/04/2024 01/04/24 For Sale $329,000 +13.4% --
12/31/2023 12/31/23 Off Market $290,000 -- --
08/16/2022 08/16/22 For Sale $329,000 +17.5% --
02/23/2017 02/23/17 Sold $280,000 -20.0% -- View Prior Sale
01/20/2017 01/20/17 Pending -- -- --
08/15/2016 08/15/16 For Sale $349,900 -- --
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 $2,419 $193,610 $193,610 --
2024 $2,419 $187,980 $187,980 --
2023 $2,342 $182,510 $182,510 $0
2022 $2,282 $182,510 $182,510 $0
2021 $2,230 $177,200 $177,200 $0
2020 $2,159 $172,040 $172,040 $0
2019 $2,103 $162,170 $162,170 $0
2018 $2,041 $157,450 $157,450 $0
2017 $1,913 $157,450 $157,450 $0
2016 $1,863 $148,420 $148,420 $0
2015 $1,785 $148,420 $148,420 $0
2014 $1,713 $139,910 $139,910 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220152085

Oregon Datashare

APN: 10755874