4900 Cherry Ln Medford, OR 97504
Estimated payment $19,076/month
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
Whitetail Properties Real Estate LLC License #201246202 Listed on: 01/20/2025
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
Map
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 |
|---|---|---|---|---|
| 2026 | $7,616 | $528,150 | -- | -- |
| 2025 | $7,476 | $512,770 | $512,770 | -- |
| 2024 | $7,476 | $497,840 | $497,840 | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | For Sale | $3,550,000 | 0.0% | -- |
| 10/01/2025 10/01/25 | Off Market | $3,550,000 | -- | -- |
| 01/20/2025 01/20/25 | For Sale | $3,550,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | First American Title Ins | |
| Deed | -- | Fa |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 302483253
APN: 10425328
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