NOT LISTED FOR SALE

525 Palm St Medford, OR 97501

McLoughlin Neighborhood

Estimated Value: $289,000 - $387,000

5 Beds
3 Baths
776 Sq Ft
$422/Sq Ft Est. Value

Last Sold March 15, 2012

Last sale price $89,550 $115 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $2,028/month

80 Days on Market

About This Home

As of March 2012

Great investor property. Two single family homes, 2 beds, 1 bath & 776 sq ft 525. 527 has 3 beds, 1-1/2 bath & is 1200 sq ft. 527 is a two-story home, spacious layout. Upstairs has all 3 bedrooms and 1 bath, 1/2 bath downstairs. 525 is single story, smaller home but lots of potential. Purchase this property for as little as 3% down. Property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

William Allen

Keller Williams Realty Southern Oregon Listed on: 01/09/2012

Last Buyer's Agent

JJ Kramer

John L. Scott Medford License #200112030

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1945

Lot Details

  • 6,098

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 6,098 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10394794

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,946

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1945
  • Co List Office Phone: 541-608-0447
  • MLS Status: Closed
  • General Property Information:Zoning2: SFR-10
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

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

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 10394794
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1946.43
  • Tax Year: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2015
Sold by
Emery Laura
Bought by
Emery Laura and Laura Emery Revocable Trust
Current Estimated Value
$331,309

Purchase Details

Listed on
Jan 9, 2012
Closed on
Mar 8, 2012
Sold by
Federal National Mortgage Association
Bought by
Emery Laura
Seller's Agent
William Allen
Keller Williams Realty Southern Oregon
Buyer's Agent
JJ Kramer
John L. Scott Medford
List Price
$124,900
Sold Price
$89,550
Premium/Discount to List
-$35,350
-28.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$67,162
Outstanding Balance
$46,546
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$272,075

Purchase Details

Closed on
Sep 30, 2011
Sold by
Esselstrom Eric
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 12, 2003
Sold by
Richards Eileen
Bought by
Esselstrom Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,055
Interest Rate
5.76%
Mortgage Type
FHA
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
Emery Laura -- None Available
Emery Laura $88,950 Nextitle
Federal National Mortgage Association $202,332 None Available
Esselstrom Eric $93,500 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emery Laura $67,162
Previous Owner Esselstrom Eric $45,000
Previous Owner Esselstrom Eric $225,000
Previous Owner Esselstrom Eric $128,000
Previous Owner Esselstrom Eric $23,000
Previous Owner Esselstrom Eric $13,200
Previous Owner Esselstrom Eric $92,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2012 03/15/12 Sold $89,550 -28.3% $115 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $124,900 -- $161 / 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 $2,570 $177,240 $67,730 $109,510
2024 $2,570 $172,080 $65,750 $106,330
2023 $2,492 $167,070 $63,840 $103,230
2022 $2,431 $167,070 $63,840 $103,230
2021 $2,368 $162,210 $61,980 $100,230
2020 $2,318 $157,490 $60,170 $97,320
2019 $2,263 $148,460 $56,720 $91,740
2018 $2,205 $144,140 $55,060 $89,080
2017 $2,166 $144,140 $55,060 $89,080
2016 $2,180 $135,880 $51,900 $83,980
2015 $2,096 $135,880 $51,900 $83,980
2014 $2,059 $128,090 $48,920 $79,170
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    William Allen

    Keller Williams Realty Southern Oregon

  • JJ Kramer

    Buyer's Agent in 2012

    JJ Kramer

    John L. Scott Medford

    (541) 840-2992

    11 in this area

    653 Total Sales

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Map

Source: Oregon Datashare

MLS Number: 102926244

Oregon Datashare

APN: 10394794

Oregon Jackson County Medford 97501 McLoughlin

525 Palm St, Medford, OR

This home is located at 525 Palm St, Medford, OR 97501 since 09 January 2012 and is currently estimated at $327,208, approximately $421 per square foot. This property was built in 1945. 525 Palm St 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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