NOT LISTED FOR SALE

512 Western Ave Medford, OR 97501

McLoughlin Neighborhood

Estimated Value: $278,000 - $388,000

4 Beds
4 Baths
1,948 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $263,500 $135 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,199/month

135 Days on Market

About This Home

As of August 2019

Two Homes on one lot! Two 2 bedroom 2 bath 974 sq. ft. homes sit on .14 acre in Medford. Separate units built in 2003. A great investment opportunity. Rents are $888.00 and $850.00. Long term tenants that want to stay. Rents to be increased on September 1 to $926.50 and $953.75. Listed below county real market value.

Last Agent to Sell the Property

Donna Rogers

Finish Line Real Estate LLC License #200201068 Listed on: 02/21/2019

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 2003

Lot Details

  • 6,098

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Additional Features

  • 1-Story Property
  • 6,098 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $20,858

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 10400572

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,052

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: McAndrews to Western. Homes are on the left.
  • Unit Levels: One
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 2003
  • Total Gross Income: 20858.0
  • Co List Office Phone: 541-773-3113
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: SFR-10
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Cooling:Central Air: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 10400572
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3052.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Aug 7, 2019
Sold by
Forde Patricia L
Bought by
Deluca Ronald L and The Deluca Revocable Trust
Seller's Agent
Donna Rogers
Finish Line Real Estate LLC
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$299,000
Sold Price
$263,500
Premium/Discount to List
-$35,500
-11.87%
Current Estimated Value
$349,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,572
Avg. Annual Appreciation
5.22%

Purchase Details

Listed on
Jul 19, 2012
Closed on
Sep 11, 2012
Sold by
Federal National Mortgage Association
Bought by
Forde Patricia L and Hawkins Special Needs Trust
Seller's Agent
Diane Adams : Home Quest Realty
Coldwell Banker Pro West R.E.
Buyer's Agent
Donna Rogers
List Price
$155,900
Sold Price
$135,000
Premium/Discount to List
-$20,900
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Oct 4, 2010
Sold by
Lawton Travis K
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 11, 2003
Sold by
Rogers Richard B
Bought by
Lawton Travis K
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
Deluca Ronald L $263,500 Ticor Title Company Of Or
Forde Patricia L $135,000 Ticor Title Company Oregon
Federal National Mortgage Association $171,344 None Available
Lawton Travis K $55,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Rental Properties Llc $255,000
Closed Deluca Ronald L $255,000
Previous Owner Lawton Travis K $164,500
Previous Owner Lawton Travis K $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2019 08/07/19 Sold $263,500 -11.9% $135 / Sq Ft
07/06/2019 07/06/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $299,000 +121.5% $153 / Sq Ft
09/14/2012 09/14/12 Sold $135,000 -13.4% $139 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $155,900 -- $160 / 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 $3,558 $245,310 $49,060 $196,250
2024 $3,558 $238,170 $47,630 $190,540
2023 $3,449 $231,240 $46,240 $185,000
2022 $3,365 $231,240 $46,240 $185,000
2021 $3,278 $224,510 $44,890 $179,620
2020 $3,209 $217,980 $43,570 $174,410
2019 $3,133 $205,480 $41,070 $164,410
2018 $3,052 $199,500 $39,880 $159,620
2017 $2,997 $199,500 $39,880 $159,620
2016 $3,017 $188,050 $37,580 $150,470
2015 $2,900 $188,050 $37,580 $150,470
2014 $2,849 $177,270 $35,420 $141,850
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Donna Rogers

    Finish Line Real Estate LLC

  • Jim North

    Buyer's Agent in 2019

    Jim North

    John L. Scott Medford

    (541) 488-1311

    3 in this area

    178 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2019

    Douglas Morse

    John L. Scott Medford

    (541) 734-5280

    3 in this area

    499 Total Sales

    Douglas Morse
    Section Image
  • Scott Gephart

    Seller Co-Listing Agent in 2012

    Scott Gephart

    eXp Realty, LLC

    (541) 941-0657

    79 Total Sales

    Scott Gephart
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102998506

Oregon Datashare

APN: 10400572

Oregon Jackson County Medford 97501 McLoughlin

512 Western Ave, Medford, OR

This home is located at 512 Western Ave, Medford, OR 97501 since 21 February 2019 and is currently estimated at $349,072, approximately $179 per square foot. This property was built in 2003. 512 Western Ave 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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