NOT LISTED FOR SALE

Estimated Value: $327,000 - $340,000

4 Beds
2 Baths
1,647 Sq Ft
$204/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $272,000 $165 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,044/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Bathtub with Shower
  • Territorial View
  • Attached Garage
  • 1-Story Property

About This Home

As of January 2021

Fantastic investment opportunity! Great convenient East Medford location close to shopping, parks, and more. Excellent rental history with long term tenants. Both units are 837 Square feet with 2 bedrooms, 1 bath, indoor laundry, and feature carports with ample storage. Total current rents of $1,800 per month are below market with both units eligible for rent increases. Please do not disturb the tenants.

Last Agent to Sell the Property

Jake Rockwell

eXp Realty, LLC License #201207277 Listed on: 12/08/2020

eXp Realty, LLC

Co-Listed By

Rocky Primo

eXp Realty, LLC

Last Buyer's Agent

Adam Rutledge

eXp Realty, LLC License #201007081

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,302

Year Built

  • Built in 1963

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Duplex
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • 1-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Parking

  • Attached Garage
  • No Garage

Schools

  • Roosevelt Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tax Lot 5100
  • Assessor Parcel Number 10331854

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,302

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: Stevens St. to Marie
  • Unit Levels: One
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1963
  • Co List Office Mls Id: orEXP4
  • Co List Office Phone: 888-814-9613
  • Co List Office Phone: 888-814-9613
  • Outside Inclusions: R/O, Fridge, WH
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Roosevelt Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North Medford High
  • General Property Information:Zoning2: SFR-10
  • 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: 5100
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Exclusions: Tenants Personal Property
  • Lot Features:Level: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Attached, Concrete, No Garage
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Roosevelt Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 10331854
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2302.3
  • Tax Lot: 5100
  • Tax Map Number: 37S/01W/19/SE
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 23, 2021
Sold by
Couch Michi L and Seidler Michael
Bought by
Rutledge Adam David
Seller's Agent
Jake Rockwell
eXp Realty, LLC
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$275,000
Sold Price
$272,000
Premium/Discount to List
-$3,000
-1.09%
Current Estimated Value
$335,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,203
Avg. Annual Appreciation
4.47%
Original Mortgage
$193,500
Outstanding Balance
$174,160
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$157,914

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 25, 2018
Sold by
Tokuda Karen Lynn
Bought by
Couch Michi L and Seidler Michael
Seller's Agent
Stacy Mead
RE/MAX Platinum
Buyer's Agent
Rocky Primo
Rocky Primo Realty
List Price
$184,900
Sold Price
$192,000
Premium/Discount to List
$7,100
3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.45%
Original Mortgage
$144,000
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Rutledge Adam David $272,000 Ticor Title
Couch Michi L $1,920,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutledge Adam David $193,500
Previous Owner Couch Michi L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $272,000 -1.1% $165 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $275,000 +43.2% $167 / Sq Ft
06/29/2018 06/29/18 Sold $192,000 +3.8% $115 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $184,900 -- $110 / 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 $2,615 $180,290 $78,650 $101,640
2024 $2,615 $175,040 $76,360 $98,680
2023 $2,535 $169,950 $74,130 $95,820
2022 $2,473 $169,950 $74,130 $95,820
2021 $2,409 $165,000 $71,970 $93,030
2020 $2,358 $160,200 $69,880 $90,320
2019 $2,302 $151,010 $65,870 $85,140
2018 $2,243 $146,620 $63,960 $82,660
2017 $2,203 $146,620 $63,960 $82,660
2016 $2,217 $138,210 $60,300 $77,910
2015 $2,131 $138,210 $60,300 $77,910
2014 $2,094 $130,290 $56,840 $73,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220113333

Oregon Datashare

APN: 10331854