NOT LISTED FOR SALE

517 Western Ave Unit 25-28 Medford, OR 97501

West Main Neighborhood

Estimated Value: $497,998 - $642,000

8 Beds
4 Baths
3,732 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $450,000 $121 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,670/month

23 Days on Market

About This Home

As of July 2019

Great investment opportunity. 2000-Built four plex. Each unit features 933-sq. ft., 2-bedrooms, 1-bathroom with separate utility area big enough for side by side washer/dryer, storage room and patio and deck areas. Located at the rear of the complex next to grassy area to play. Convenient location near shopping, schools and bus lines.

Last Agent to Sell the Property

Mike Malepsy

Windermere Trails End R.E. Brokerage Phone: 541-840-1424 License #780103168 Listed on: 05/06/2019

Windermere Trails End R.E.

Last Buyer's Agent

Rob Jellesed

RE/MAX Platinum License #201225921

RE/MAX Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 2000

Lot Details

  • 2,614

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Schools

  • Jackson Elementary School
  • Mcloughlin Middle School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

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

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 10863946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,771

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Directions: OR-99 S, turn right onto E. McAndrews Road, turn left onto Western Avenue.
  • Unit Levels: Two
  • Lot Size Acres: 0.06
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 2000
  • Attribution Contact: 541-840-1424
  • Co List Office Phone: 541-878-2249
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • 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
  • Special Features: None

Exterior Features

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

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: 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 #: 10863946
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-30
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4771.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2016
Sold by
Hurd Ryan W
Bought by
Hurd Ryan
Current Estimated Value
$596,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2014
Sold by
Corwin Nathaniel and Corwin Robert W
Bought by
Hurd Ryan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2011
Sold by
Wells Fargo Bank Na
Bought by
Corwin Nathaniel and Corwin Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,068
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Hall Ronald F and Hall Celeste E
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Aug 28, 2007
Sold by
Hall Ronald F and Hall Celeste E
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
$290,000
Interest Rate
6.74%
Mortgage Type
New Conventional

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
$100,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 15, 2004
Sold by
R S & B Investments
Bought by
Galpin C A

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
5.62%
Mortgage Type
Unknown

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
5.62%
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 -- Ticor Title Company Of Or
Hurd Ryan W $265,000 Ticor Title Company
Corwin Nathaniel $205,425 Ticor Title
Wells Fargo Bank N A $179,941 None Available
Hall Ronald F -- None Available
Hall Ronald F $350,000 Lawyers Title Ins
Charter Rental Group Llc -- Lawyers Title Ins
Galpin C A -- --
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 $311,500
Closed Hurd Ryan $241,500
Closed Hurd Ryan W $198,750
Previous Owner Corwin Nathaniel $154,068
Previous Owner Hall Ronald F $290,000
Previous Owner Stanley Wayne D $100,000
Previous Owner Hall Ronald F $280,000
Previous Owner Galpin C A $225,000
Previous Owner Galpin C A $210,000
Previous Owner Salyer Jim D $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2019 07/23/19 Sold $450,000 0.0% $121 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $450,000 +38.5% $121 / Sq Ft
02/10/2017 02/10/17 Sold $325,000 -11.9% --
01/02/2017 01/02/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $369,000 -- --
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 $5,140 $354,410 $81,680 $272,730
2024 $5,140 $344,090 $79,300 $264,790
2023 $4,982 $334,070 $76,990 $257,080
2022 $4,861 $334,070 $76,990 $257,080
2021 $4,735 $324,340 $74,740 $249,600
2020 $4,635 $314,900 $72,560 $242,340
2019 $4,526 $296,830 $68,400 $228,430
2018 $4,410 $288,190 $66,410 $221,780
2017 $4,330 $288,190 $66,410 $221,780
2016 $4,358 $271,660 $62,590 $209,070
2015 $4,171 $261,300 $60,770 $200,530
2014 $4,176 $261,040 $59,600 $201,440
Source: Public Records

Agents Affiliated with this Home

  • Mike Malepsy

    Seller's Agent in 2019

    Mike Malepsy

    Windermere Trails End R.E.

    (541) 821-6046

    116 Total Sales

    Mike Malepsy
    Section Image
  • Rob Jellesed

    Buyer's Agent in 2019

    Rob Jellesed

    RE/MAX

    (541) 601-7649

    55 Total Sales

    Rob Jellesed
    Section Image
  • Lynn O'Brien

    Seller's Agent in 2017

    Lynn O'Brien

    Coldwell Banker Pro West R.E.

    (541) 930-1141

    1 in this area

    52 Total Sales

    Lynn O'Brien
    Section Image

  • N

    Buyer's Agent in 2017

    Nenette Hall

    Keller Williams Realty Southern Oregon

  • Ada Sanchez

    Buyer Co-Listing Agent in 2017

    Ada Sanchez

    RE/MAX

    (541) 531-8432

    15 in this area

    190 Total Sales

    Ada Sanchez
    Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 103001460

Oregon Datashare

APN: 10863903

Oregon Jackson County Medford 97501 West Main

517 Western Ave Unit 25-28, Medford, OR

This home is located at 517 Western Ave Unit 25-28, Medford, OR 97501 since 06 May 2019 and is currently estimated at $596,000, approximately $159 per square foot. This property was built in 2000. 517 Western Ave Unit 25-28 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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