C
Seller's Agent in 2024
Caspian Hoehne
Merit Commercial RE, LLC
(541) 944-9967
4 in this area
57 Total Sales
513 Alice St Medford, OR 97501
Liberty Park NeighborhoodEstimated Value: $354,000 - $612,536
8
Beds
5
Baths
3,456
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- No HOA
- Wall Furnace
- Engineered Wood Flooring
- Cooling System Mounted To A Wall/Window
About This Home
As of September 2024Welcome to 513 Alice Street, a five-unit apartment complex centrally located in Medford, Oregon. A rare public offering of a five-plex, the property presents the opportunity to step into an established, upgraded, income-producing asset in Medford! The property itself consists of five units, across one 2-story triplex and two standalone cottages on one tax lot, made up of (3) 2-bd/1-ba units and (2) 1-bd/1-ba cottages. While retaining much of its original character, the property has been extensively remodeled and updated throughout the years. Extensive renovations in the recent years have made this property a nearly turn-key investment for the buyer. Sited on an efficient, easily accessible lot, the property enjoys a central location in Medford. The complex is a short drive downtown Medford, Lithia Motors headquarters, Northgate Marketplace, Medford Center, and many other schools, parks, and entertainment. Additional info available - contact listing brokers today!
Last Agent to Sell the Property
Merit Commercial RE, LLC License #201234073 Listed on: 07/30/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,284
Year Built
- Built in 1982
Lot Details
- 6,534 Sq Ft Lot
- Two or More Common Walls
Home Design
- Traditional Architecture
- Cottage
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
Flooring
- Engineered Wood
- Carpet
- Vinyl
Parking
- Alley Access
- Driveway
- On-Street Parking
Schools
- Wilson Elementary School
- Mcloughlin Middle School
- North Medford High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- 5 Units
Listing and Financial Details
- Exclusions: Tenant personal property.
- Assessor Parcel Number 10387496
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 30, 2024
Closed on
Sep 9, 2024
Sold by
513 Alice Llc
Bought by
Bruner Grandchildren Trust and Bruner
Seller's Agent
Caspian Hoehne
Merit Commercial RE, LLC
Buyer's Agent
Nathan Scott
John L Scott Real Estate Grants Pass
List Price
$625,000
Sold Price
$599,000
Premium/Discount to List
-$26,000
-4.16%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,866
Avg. Annual Appreciation
-11.92%
Purchase Details
Listed on
Jun 2, 2018
Closed on
Aug 20, 2018
Sold by
541 Investment Group Llc
Bought by
513 Alice Llc
Seller's Agent
Nate Eckhardt
Active Property Service
Buyer's Agent
Chris Martin
Land Leader
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 13, 2017
Sold by
Solorio Raul and Solorio Arnulfo
Bought by
541 Investment Group Llc and W Investment Group Llc
Purchase Details
Closed on
Apr 10, 2006
Sold by
Solorio Raul and Solorio Arnulfo
Bought by
Three Solorio Brothers Llc
Purchase Details
Closed on
Feb 28, 2005
Sold by
Snopl Timothy
Bought by
Solorio Raul and Solorio Arnulfo A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 1, 1991
Sold by
Berg Victor and Berg Claudia M
Bought by
Snopl Timothy
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bruner Grandchildren Trust | $599,000 | First American Title | |
| 513 Alice Llc | $500,000 | First American Title | |
| 541 Investment Group Llc | $215,001 | None Available | |
| Three Solorio Brothers Llc | -- | None Available | |
| Solorio Raul | $395,000 | First American | |
| Snopl Timothy | $39,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 513 Alice Llc | $400,000 | |
| Previous Owner | Solorio Raul | $276,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $599,000 | -4.2% | $173 / Sq Ft |
| 08/14/2024 08/14/24 | Pending | -- | -- | -- |
| 07/30/2024 07/30/24 | For Sale | $625,000 | +25.0% | $181 / Sq Ft |
| 08/24/2018 08/24/18 | Sold | $500,000 | -4.8% | -- |
| 06/12/2018 06/12/18 | Pending | -- | -- | -- |
| 06/02/2018 06/02/18 | For Sale | $525,000 | -- | -- |
Source: Oregon Datashare
Tax History Compared to Growth
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 | $4,420 | $304,750 | $89,030 | $215,720 |
| 2024 | $4,420 | $295,880 | $86,430 | $209,450 |
| 2023 | $4,284 | $287,270 | $83,910 | $203,360 |
| 2022 | $4,180 | $287,270 | $83,910 | $203,360 |
| 2021 | $4,072 | $278,910 | $81,470 | $197,440 |
| 2020 | $3,986 | $270,790 | $79,110 | $191,680 |
| 2019 | $4,162 | $255,260 | $74,560 | $180,700 |
| 2018 | $3,792 | $247,830 | $93,520 | $154,310 |
| 2017 | $3,724 | $247,830 | $93,520 | $154,310 |
| 2016 | $3,748 | $233,620 | $88,140 | $145,480 |
| 2015 | $3,603 | $233,620 | $88,140 | $145,480 |
| 2014 | $3,539 | $220,220 | $83,090 | $137,130 |
Source: Public Records
Agents Affiliated with this Home
-
Caspian Hoehne
-
Chris Martin
Seller Co-Listing Agent in 2024
Chris Martin
Land Leader
(541) 660-5111
1 in this area
126 Total Sales
-
Nathan Scott
Buyer's Agent in 2024
Nathan Scott
John L Scott Real Estate Grants Pass
(541) 226-6818
1 in this area
27 Total Sales
-
Nate Eckhardt
Seller's Agent in 2018
Nate Eckhardt
Active Property Service
(541) 660-6262
2 in this area
98 Total Sales
Map
Source: Oregon Datashare
MLS Number: 220187289
APN: 10387496
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© 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.
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