$3,550,000

4900 Cherry Ln Medford, OR 97504

Estimated payment $19,371/month

Total Views 6,476
36.8 Acres
$96,467 Price per Acre
1,603,008 Sq Ft Lot

Highlights

  • City View
  • 36.8 Acre Lot
  • No Heating
  • Hoover Elementary School Rated 9+
  • No HOA

About This Lot

Great development / investment property with fantastic views. Located in a desirable and sought after area of Medford right next to newer upscale subdivisions and just down the road from the Rogue Valley Country Club. It is split between lower density development (up to 6 homes per acre), and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area and allow for some larger upscale homes and some smaller more affordable homes to be built. The adjacent subdivision has already brought the sewer close by and according to the city it should be easy and low cost for this development to connect. The county has the real market value at over $6 million. This is a great deal on some of the best development land in Medford. Develop it now or just put it in your portfolio and watch the value grow as the surrounding land is developed!

Listing Agent

Ryan Kelly

Whitetail Properties Real Estate LLC License #201246202 Listed on: 01/20/2025

Whitetail Properties Real Estate LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,476

Lot Details

  • 36.8 Acre Lot
  • Property is zoned Res.Dev

Property Views

  • City
  • Mountain
  • Valley

Schools

  • Hoover Elementary School
  • Hedrick Middle School
  • South Medford High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10425328

Property Details

Property Type

Land

Est. Annual Taxes

$7,476

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres20to50

Exterior Features

  • Lot Size: 20 to 49.99 Acres
  • View: Yes
  • Road Frontage: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • View: City,Mountain,Valley

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, PublicSewer, PublicWater500FeetPlus, SeeRemarks, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hoover
  • High School: South Medford
  • Middle Or Junior School: Hedrick

Lot Info

  • Zoning: Res.Dev
  • Present Use: RawLand
  • Soil Condition: Native
  • Land Description: GentleSloping,Level
  • Land Lease: No
  • Lot Size Acres: 36.8
  • Lot Size Sq Ft: 1603008.0
  • Parcel #: 10425328

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7476.39

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,476 $512,770 $512,770 --
2024 $7,476 $497,840 $497,840 --
2022 $7,033 $483,340 $483,340 --
2021 $7,033 $469,270 $469,270 $0
2020 $6,851 $455,610 $455,610 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 For Sale $3,550,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 First American Title Ins
Deed -- Fa
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $475,000 Unknown
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 302483253

Regional Multiple Listing Service (RMLS)

APN: 10425328

Oregon Jackson County Medford 97504

4900 Cherry Ln, Medford, OR

This home is located at 4900 Cherry Ln, Medford, OR 97504 and is currently priced at $3,550,000. 4900 Cherry Ln is a home located in Jackson County with nearby schools including Hoover Elementary School, Hedrick Middle School, and South Medford High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Ryan Kelly
Listing Agent
Ryan Kelly
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Whitetail Properties Real Estate LLC
(458) 237-8853