NOT LISTED FOR SALE

501 Pearl St Medford, OR 97504

Laurelhurst Neighborhood

Estimated Value: $370,000 - $414,000

4 Beds
3 Baths
2,106 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $285,000 $135 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,413/month

102 Days on Market

Highlights

  • No HOA
  • Carpet
  • Heat Pump System
  • Cooling Available

About This Home

As of September 2020

Duplex! Great investment opportunity in fantastic location. Each unit is 2 bedroom, 1.5 bath and apx. 1053 sq. feet. Bottom floor has galley kitchen, dining area, living room , washer and dryer hook-ups and 1/2 bath. Slider to nice covered patio space in backyard. Upstairs there are two good size rooms and a full bath. Each unit has its own attached garage and driveway parking. The duplex has a new top roof as of January 2020 and unit 501 has a new hvac system and 503 will have a new one also. Units have some updating. Convenient location close to schools and shopping.

Last Agent to Sell the Property

Krista Walker

Coldwell Banker Pro West R.E. Listed on: 05/08/2020

Last Buyer's Agent

Armando and Lis Enciso

i5 Real Estate License #201221371

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,921

Year Built

  • Built in 1972

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Carpet

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Tennants Possessions
  • Assessor Parcel Number 10331329

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,921

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: Jackson St. to North Pearl
  • Unit Levels: Two
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: N/A
  • Year Built: 1972
  • Co List Office Phone: 541-773-6868
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: SFR-10
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tennants Possessions
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 10331329
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2921.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Hoffman Dewayne and Hoffman Sandra
Bought by
Rios Wilfredo C and Rios Carol N
Current Estimated Value
$401,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rios Wilfredo C $285,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Wilfredo C $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $285,000 -5.0% $135 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $299,900 -- $142 / 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 $3,317 $228,750 $78,660 $150,090
2024 $3,317 $222,090 $76,370 $145,720
2023 $3,216 $215,630 $74,140 $141,490
2022 $3,137 $215,630 $74,140 $141,490
2021 $3,056 $209,350 $71,980 $137,370
2020 $2,992 $203,260 $69,880 $133,380
2019 $2,921 $191,600 $65,870 $125,730
2018 $2,846 $186,020 $63,960 $122,060
2017 $2,795 $186,020 $63,960 $122,060
2016 $2,813 $175,350 $60,300 $115,050
2015 $2,704 $175,350 $60,300 $115,050
2014 $2,657 $165,300 $56,840 $108,460
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Krista Walker

    Coldwell Banker Pro West R.E.

  • A

    Buyer's Agent in 2020

    Armando and Lis Enciso

    i5 Real Estate

    (541) 973-1515

    1 in this area

    113 Total Sales

    Armando and Lis Enciso
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Map

Source: Oregon Datashare

MLS Number: 103010999

Oregon Datashare

APN: 10331329

Oregon Jackson County Medford 97504 Laurelhurst

501 Pearl St, Medford, OR

This home is located at 501 Pearl St, Medford, OR 97504 since 08 May 2020 and is currently estimated at $401,086, approximately $190 per square foot. This property was built in 1972. 501 Pearl St is a home located in Jackson County with nearby schools including Roosevelt Elementary School, Hedrick Middle School, and North Medford High School.

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