NOT LISTED FOR SALE

Estimated Value: $350,000 - $437,000

4 Beds
3 Baths
1,763 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $390,000 $221 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,305/month

22 Days on Market

Highlights

  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Cottage
  • Territorial View
  • No HOA
  • Built-In Features

About This Home

As of July 2023

Exciting investment opportunity in Medford! This remarkable property boasts not one, but TWO fantastic homes on a sprawling lot in south Medford. Whether you're seeking an ideal investment property or a perfect 2-family set-up, this is the ultimate find! The first gem is a charming 3 BD/2 BTH home tucked in the back, complete with its own fenced yard providing privacy & exclusivity. At the front of the property, you'll discover a delightful 1 BD/1 BTH home exuding both character & style. It's the ideal retreat for a growing family or a savvy investor looking for multiple income streams. Both homes are recently remodeled & have incredible cap rates! Within the Oak Grove school district, this property is just minutes away from schools, shopping, & other amenities. Additionally, there's plenty of room for all your vehicles, with an expansive RV parking area & ample parking space for your guests! View this rare gem today & unlock the potential for endless returns & a rewarding lifestyle!

Last Agent to Sell the Property

Steve Thomas

eXp Realty, LLC License #201221244 Listed on: 06/01/2023

eXp Realty, LLC

Last Buyer's Agent

Kasy Christy

EXP Realty LLC License #201214634

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Level Lot
  • Property is zoned RR-2.5, RR-2.5

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Cottage
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,763 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Shed

Additional Homes

  • 540 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Schools

  • Oak Grove Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2400
  • Assessor Parcel Number 10431257

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,209

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: Two
  • Lot Size Acres: 0.27
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1948
  • Co List Office Phone: 888-814-9613
  • MLS Status: Closed
  • General Property Information Elementary School: Oak Grove Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: RR-2.5
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2400
  • General Property Information Accessory Dwelling Unit YN: Yes
  • General Property Information ADU SqFt: 540.0
  • General Property Information New Construction YN: No
  • Common Walls:No Common Walls: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Flooring:Vinyl: Yes
  • Architectural Style CottageBungalow: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Buyer Financing:FHA: Yes
  • Special Features: None

Interior Features

  • Appliances: Range Hood, Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Primary Downstairs, Shower/Tub Combo
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Level
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Horse: No
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Gravel, No Garage, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:Gravel: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Oak Grove Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: 10431257
  • ResoLotSizeUnits: Acres
  • Zoning Description: RR-2.5

Tax Info

  • Tax Annual Amount: 2209.29
  • Tax Lot: 2400
  • Tax Map Number: 372W26C
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 22, 2023
Sold by
Valley Forward Properties Llc
Bought by
Barriga Chad
Seller's Agent
Steve Thomas
eXp Realty, LLC
Buyer's Agent
Kasy Christy
EXP Realty LLC
List Price
$500,000
Sold Price
$390,000
Premium/Discount to List
-$110,000
-22%
Views
15
Current Estimated Value
$396,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,422
Avg. Annual Appreciation
0.75%
Original Mortgage
$382,936
Outstanding Balance
$373,245
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$23,177

Purchase Details

Closed on
Aug 20, 2001
Sold by
Hays Robert W
Bought by
R W Hays Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Barriga Chad $390,000 First American Title
R W Hays Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barriga Chad $382,936
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $390,000 -13.3% $221 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/14/2023 06/14/23 Price Changed $450,000 -5.3% $255 / Sq Ft
06/08/2023 06/08/23 Price Changed $475,000 -5.0% $269 / Sq Ft
06/01/2023 06/01/23 For Sale $500,000 +66.7% $284 / Sq Ft
04/29/2022 04/29/22 Sold $300,000 -25.0% $170 / Sq Ft View Prior Sale
04/01/2022 04/01/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $399,900 -- $227 / 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 $2,334 $198,110 $118,500 $79,610
2024 $2,334 $192,340 $115,050 $77,290
2023 $2,209 $182,230 $122,230 $60,000
2022 $2,209 $186,740 $111,700 $75,040
2021 $2,154 $181,310 $108,450 $72,860
2020 $2,103 $176,030 $105,290 $70,740
2019 $2,056 $165,940 $99,260 $66,680
2018 $2,004 $161,110 $96,370 $64,740
2017 $1,973 $161,110 $96,370 $64,740
2016 $2,102 $151,870 $90,850 $61,020
2015 $1,854 $151,870 $90,850 $61,020
2014 $1,788 $143,160 $85,650 $57,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220165145

Oregon Datashare

APN: 10431257