NOT LISTED FOR SALE

505 W Jackson St Medford, OR 97501

McLoughlin Neighborhood

Estimated Value: $254,000 - $427,000

4 Beds
3 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold February 03, 2017

Last sale price $148,000

Est. 125% increase in value since last sale

Current estimated payment $2,142/month

23 Days on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of February 2017

Two single family units on one lot. Excellent investment property. Front unit, 1 bed/1 bath, faces W Jackson with plenty of parking and rents for $700/mo. County records show complete remodel in 2005 with an effective year built of 2004. Rear unit, 2 bed/1bath, has alley access with a garage and rents for $750/mo. County records shows electrical in 2005, plumbing and mechanical in 2006, with an effective year built of 2004. These units are in great shape with many updates in the last 15 years. Easy to show.

Last Agent to Sell the Property

Nate Eckhardt

Active Property Service Brokerage Phone: 541-660-6262 License #200511009 Listed on: 11/14/2016

Last Buyer's Agent

Derick Price

i5 Real Estate License #201213311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1975

Lot Details

  • 7,405

Home Design

  • Frame Construction
  • Composition Roof

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • 1-Story Property
  • 7,405 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10397953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,212

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: Easy to show. Please call regarding showing and appointments.
  • Unit Levels: One
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1975
  • Attribution Contact: 541-660-6262
  • Co List Office Phone: 541-772-5334
  • MLS Status: Closed
  • General Property Information:Zoning2: SFR-10
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Central Air
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 10397953
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2212.05
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Dec 8, 2016
Sold by
Picker S Paradise Llc
Bought by
Bigham Daniel and Bigham Amy
Seller's Agent
Nate Eckhardt
Active Property Service
Buyer's Agent
Derick Price
i5 Real Estate
List Price
$149,900
Sold Price
$148,000
Premium/Discount to List
-$1,900
-1.27%
Current Estimated Value
$333,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,431
Original Mortgage
$85,350
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2016
Sold by
Osborn Brian
Bought by
Pickers Paradise Llc

Purchase Details

Closed on
Dec 9, 2011
Sold by
Orsborn Saowaluk
Bought by
Orsborn Brian

Purchase Details

Closed on
Apr 28, 2006
Sold by
Orsborn Brian and Orsborn Saowaluk
Bought by
Orsborn Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.65%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 21, 2005
Sold by
Orsborn Brian
Bought by
Orsborn Brian and Orsborn Saowaluk

Purchase Details

Closed on
Sep 16, 2004
Sold by
Mckechnie Ralf and Mckechnie Beverly
Bought by
Orsborn Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,010
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 1998
Sold by
Rizzo William E and Rizzo Sharon L
Bought by
Mckechnie Ralph E and Mckechnie Beverly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bigham Daniel $148,000 First American
Pickers Paradise Llc $75,002 None Available
Orsborn Brian -- None Available
Orsborn Brian -- Lawyers Title Ins
Orsborn Brian -- --
Orsborn Brian $138,900 Amerititle
Mckechnie Ralph E $72,500 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bigham Daniel $165,000
Previous Owner Bigham Daniel $85,350
Previous Owner Orsborn Brian $220,000
Previous Owner Orsborn Brian $80,723
Previous Owner Orsborn Brian $125,010
Previous Owner Mckechnie Ralph E $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2017 02/03/17 Sold $148,000 -1.3% --
12/07/2016 12/07/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $149,900 -- --
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 $3,788 $261,200 $66,160 $195,040
2024 $3,788 $253,600 $64,240 $189,360
2023 $3,672 $246,220 $62,370 $183,850
2022 $3,583 $246,220 $62,370 $183,850
2021 $2,477 $169,690 $50,740 $118,950
2020 $2,425 $164,750 $49,260 $115,490
2019 $2,368 $155,310 $46,440 $108,870
2018 $2,307 $150,790 $45,080 $105,710
2017 $2,266 $150,790 $45,080 $105,710
2016 $2,280 $142,140 $42,500 $99,640
2015 $2,745 $142,140 $42,500 $99,640
2014 $2,153 $133,990 $40,060 $93,930
Source: Public Records

Agents Affiliated with this Home

  • Nate Eckhardt

    Seller's Agent in 2017

    Nate Eckhardt

    Active Property Service

    (541) 660-6262

    1 in this area

    100 Total Sales

    Section Image

  • D

    Buyer's Agent in 2017

    Derick Price

    i5 Real Estate

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102971465

Oregon Datashare

APN: 10397953

Oregon Jackson County Medford 97501 McLoughlin

505 W Jackson St, Medford, OR

This home is located at 505 W Jackson St, Medford, OR 97501 since 14 November 2016 and is currently estimated at $342,958. This property was built in 1975. 505 W Jackson St is a home located in Jackson County with nearby schools including Jackson Elementary School, McLoughlin Middle School, and South Medford High School.

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