NOT LISTED FOR SALE

517 Western Ave Unit 13-16 Medford, OR 97501

West Main Neighborhood

Estimated Value: $501,594 - $642,000

8 Beds
4 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 03, 2014

Last sale price $260,000

Est. 122% increase in value since last sale

Current estimated payment $3,601/month

538 Days on Market

About This Home

As of June 2014

Well Maintained 4-Plex with great rental history. All four units are 2 Bedroom/ 1 Bath with laundry hookups. HOA dues are $180 per month. One unit rents for $650; other 3 for $595. Good Investment!

Last Agent to Sell the Property

Janis Monson

RE/MAX Integrity License #200805152 Listed on: 12/06/2013

RE/MAX Integrity

Co-Listed By

Bruce Hoevet

RE/MAX Integrity License #201203481

Last Buyer's Agent

Bruce Hoevet

RE/MAX Integrity License #201203481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,189

Year Built

  • Built in 1995

Lot Details

  • 2,614

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof
  • Concrete Siding

Schools

  • Jackson Elementary School
  • Mcloughlin Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 2,614 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 1086391

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,189

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: McAndrews - West towards Jacksonville
  • Unit Levels: Two
  • Lot Size Acres: 0.06
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1995
  • Co List Office Mls Id: orIDL
  • Co List Office Phone: 541-770-3325
  • Co List Office Phone: 541-770-3325
  • MLS Status: Closed
  • General Property Information Elementary School: Jackson Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information:Zoning2: MFR-30
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Concrete, Frame
  • Roof: Composition
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete3: Yes

Utilities

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

Schools

  • Elementary School: Jackson Elem
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Lot Size Sq Ft: 2613.6
  • Parcel #: 1086391
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-30
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3188.61
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2013
Closed on
Jun 2, 2014
Sold by
Nelson Gary W and Nelson Roselle M
Bought by
Hurd Ryan W
Seller's Agent
Janis Monson
RE/MAX Integrity
Buyer's Agent
Bruce Hoevet
RE/MAX Integrity
List Price
$284,900
Sold Price
$260,000
Premium/Discount to List
-$24,900
-8.74%
Current Estimated Value
$578,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,044
Avg. Annual Appreciation
7.88%
Original Mortgage
$255,290
Interest Rate
4.23%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2008
Sold by
Hall Ronald F and Hall Celeste E
Bought by
Nelson Gary W and Nelson Roselie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2005
Sold by
Charter Rental Group Llc
Bought by
Hall Ronald F and Hall Celeste E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,300
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 12, 2004
Sold by
Salyer Jim D and Salyer Jodi L
Bought by
Galpin Ca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 1999
Sold by
Rogers Richard B
Bought by
Salyer Jim D and Salyer Jodi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.86%
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
Hurd Ryan W $260,000 Amerititle
Nelson Gary W $310,000 Ticor Title
Hall Ronald F $350,000 Lawyers Title Ins
Charter Rental Group Llc -- Lawyers Title Ins
Galpin Ca $2,000,000 Lawyers Title Insurance Corp
Salyer Jim D $235,000 Jackson County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurd Ryan W $311,500
Closed Hurd Ryan W $258,500
Closed Hurd Ryan W $255,290
Closed Hurd Ryan W $256,762
Closed Hurd Ryan W $255,290
Previous Owner Nelson Gary W $200,000
Previous Owner Hall Ronald F $288,300
Previous Owner Galpin C A $225,000
Previous Owner Salyer Jim D $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2014 06/03/14 Sold $260,000 -8.7% --
04/30/2014 04/30/14 Pending -- -- --
11/08/2012 11/08/12 For Sale $284,900 -- --
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 $5,235 $361,000 $88,270 $272,730
2024 $5,235 $350,490 $85,700 $264,790
2023 $5,075 $340,290 $83,200 $257,090
2022 $4,951 $340,290 $83,200 $257,090
2021 $4,823 $330,380 $80,770 $249,610
2020 $4,721 $320,760 $78,420 $242,340
2019 $4,610 $302,350 $73,920 $228,430
2018 $4,492 $293,550 $71,770 $221,780
2017 $4,410 $293,550 $71,770 $221,780
2016 $4,439 $276,700 $67,640 $209,060
2015 $4,248 $266,200 $65,670 $200,530
2014 $4,253 $265,840 $64,400 $201,440
Source: Public Records

Agents Affiliated with this Home

  • Janis Monson

    Seller's Agent in 2014

    Janis Monson

    RE/MAX

    6 Total Sales

    Section Image

  • B

    Seller Co-Listing Agent in 2014

    Bruce Hoevet

    RE/MAX

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102934413

Oregon Datashare

APN: 10863911

Oregon Jackson County Medford 97501 West Main

517 Western Ave Unit 13-16, Medford, OR

This home is located at 517 Western Ave Unit 13-16, Medford, OR 97501 since 06 December 2013 and is currently estimated at $596,899. This property was built in 1995. 517 Western Ave Unit 13-16 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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