NOT LISTED FOR SALE

511 Black Bear Dr Unit 1 Medford, OR 97501

Northwest Medford Neighborhood

Estimated Value: $354,000 - $365,000

3 Beds
2 Baths
1,256 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 24, 2025

Last sale price $350,000 $279 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,182/month

77 Days on Market

Highlights

  • New Construction
  • No HOA
  • Forced Air Heating System
  • Traditional Architecture
  • 1-Story Property
  • 1 Car Garage

About This Home

As of February 2025

RED TAG Sales Event! This season, give yourself the gift of a new home! Bear Creek; a new DR Horton community in beautiful Medford! Now $4K in Closing Costs for Preferred Lender. See flyer and agent for details. Our popular Shasta plan has an open concept layout with kitchen open to living area, 3 bedrooms, 2 baths, 1 car garage on quiet street! Quartz countertops, premium laminate flooring, stainless steel appliances with gas range, large island and pantry! Hi-efficiency furnace, Smart home package and new home warranty, we've got you covered! Renderings and photos are representational of plan, but not actual home. Specs, features, colors and masonry vary.

Last Agent to Sell the Property

Sean Schoelen

D.R. Horton, Inc.-Portland License #201236300 Listed on: 11/05/2024

D.R. Horton, Inc.-Portland

Co-Listed By

Christopher Korenthal

D.R. Horton, Inc.-Portland License #200605241

Last Buyer's Agent

Paty Emrick

John L. Scott Medford License #980600085

John L. Scott Medford

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation
  • Double Stud Wall

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Howard Elementary School
  • Mcloughlin Middle School
  • North Medford High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Built by D.R. Horton, Portland, Inc.
  • Bear Grass Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10486697

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

4,356 Sq Ft Lot

Parking

1

Listing Details

  • Architectural Style: Traditional
  • Directions: Off Table Rock Rd and Black Bear
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.1
  • Prop. Type: Residential
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Bear Grass Village
  • Year Built: 2023
  • Co List Office Mls Id: ocDRH
  • Co List Office Phone: 503-222-4151
  • Co List Office Phone: 503-222-4151
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information Estimated Completion Date: 2024-11-01
  • Special Features: NewHome

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Vinyl

Exterior Features

  • Builder Name: D.R. Horton, Portland, Inc.
  • Common Walls: No Common Walls
  • Construction Type: Frame, Double Wall/Staggered Stud, Concrete
  • Foundation Details: Concrete Perimeter, Stemwall
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway
  • Attached Garage: No

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Howard Elem
  • High School: North Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 10486697
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Jan 21, 2025
Sold by
Dr Horton Inc-Portland
Bought by
Valdez Olegario Cortes and Cortes Alondra C
Seller's Agent
Sean Schoelen
D.R. Horton, Inc.-Portland
Buyer's Agent
Paty Emrick
John L. Scott Medford
List Price
$354,995
Sold Price
$350,000
Premium/Discount to List
-$4,995
-1.41%
Views
41
Current Estimated Value
$359,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,433
Avg. Annual Appreciation
2.49%
Original Mortgage
$332,500
Outstanding Balance
$329,371
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$30,062

Purchase Details

Closed on
Apr 1, 2022
Sold by
James Mineo Jr Baldassare
Bought by
Bear Creek Landing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2022
Sold by
James Mineo Jr Baldassare
Bought by
Bear Creek Landing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.83%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valdez Olegario Cortes $350,000 First American Title
Bear Creek Landing Llc $515,000 First American Title
Bear Creek Landing Llc $515,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Olegario Cortes $332,500
Previous Owner Bear Creek Landing Llc $1,300,000
Previous Owner Bear Creek Landing Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $350,000 0.0% $279 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/07/2025 01/07/25 Price Changed $349,995 -1.4% $279 / Sq Ft
12/24/2024 12/24/24 Price Changed $354,995 +1.4% $283 / Sq Ft
12/07/2024 12/07/24 Price Changed $349,995 -1.4% $279 / Sq Ft
11/05/2024 11/05/24 For Sale $354,995 -- $283 / Sq Ft
Source: Oregon Datashare

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 $3,127 $217,410 -- --
2025 $551 $302,960 $64,000 $238,960
2024 $551 $36,900 $36,900 --
2022 $2,036 $139,890 $139,890 $0
2021 $1,983 $135,820 $135,820 $0
2020 $1,941 $131,870 $131,870 $0
2019 $1,895 $124,310 $124,310 $0
2018 $1,847 $120,690 $120,690 $0
2017 $1,813 $120,690 $120,690 $0
2016 $1,825 $113,770 $113,770 $0
2015 $1,755 $113,770 $113,770 $0
2014 $1,724 $107,250 $107,250 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Sean Schoelen

    D.R. Horton, Inc.-Portland

    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Christopher Korenthal

    D.R. Horton, Inc.-Portland

    (503) 250-2057

    20 in this area

    296 Total Sales

    Christopher Korenthal
    Section Image
  • Paty Emrick

    Buyer's Agent in 2025

    Paty Emrick

    John L. Scott Medford

    (541) 944-7979

    13 in this area

    147 Total Sales

    Paty Emrick
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220192317

Oregon Datashare

APN: 10486697

Oregon Jackson County Medford 97501 Northwest Medford

511 Black Bear Dr Unit 1, Medford, OR

Not Listed for Sale

Detached

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