NOT LISTED FOR SALE

5693 Cherry Ln Medford, OR 97504

Medford Area

Estimated Value: $145,000 - $194,000

0.27 Acre
$627,778 Price per Acre
11,761 Sq Ft Lot

Sale Details

Date Sold: May 31, 2013

Last sale price $49,000

Est. 246% increase in value since last sale

Current estimated payment $1,059 / mo

827 Days on Market

About This Lot

As of May 2013

Some of the most incredible valley views await you from this top of the hill residential lot. The Ridge at the Highlands is a planned community located off Cherry Lane in East Medford and offers the opportunity to build your dream home with views of Mt. Ashland and the city of Medford. This community focuses on maintaining views and access to open spaces with planning of public and private streets, as well as single family residential and garden home lots. All 6 single family lots available for bulk price of $349,000. Entire Ridge at the Highlands bulk sale also available.

Last Agent to Sell the Property

Dan Westbrook

Windermere Van Vleet & Assoc. License #200105097 Listed on: 11/21/2012

Last Buyer's Agent

Paul Grout

Signature Realty LLC License #920600227

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $886

Lot Details

  • 11,761 Sq Ft Lot

Property Views

  • City
  • Mountain
  • Valley

Schools

  • Abraham Lincoln Elementary School
  • Hedrick Middle School

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10987269

Property Details

Property Type

Land

Est. Annual Taxes

$886

Lot Details

0.27 Acres

Listing Details

  • Directions: Hillcrest to Cherry Ln. to Cliffwood Ct.
  • Lot Size Acres: 0.27
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Co List Office Phone: 541-779-6520
  • MLS Status: Closed
  • General Property Information Elementary School: Abraham Lincoln Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: UNK
  • Road Surface Type:Paved: Yes
  • Utilities:Cable Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • View:Mountain(s): Yes
  • View:Valley: Yes
  • View:City3: Yes
  • Special Listing Conditions:Real Estate Owned: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • View: City, Mountain(s), Valley
  • Fencing: None

Utilities

  • Water Source: Public
  • Utilities: Cable Available, Phone Available

Schools

  • Elementary School: Abraham Lincoln Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Lot Size Sq Ft: 11761.2
  • Parcel #: 10987269
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: UNK
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 886.0
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2012
Closed on
May 30, 2013
Sold by
Bank Of The Cascades
Bought by
Seller's Agent
Dan Westbrook
Windermere Van Vleet & Assoc.
Buyer's Agent
Paul Grout
Signature Realty LLC
List Price
$70,000
Sold Price
$49,000
Premium/Discount to List
-$21,000
-30%
Current Estimated Value
$169,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,500
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
May 29, 2010
Sold by
Medford Highland Investments Llc
Bought by
Bank Of The Cascades
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$565,000 First American
Bank Of The Cascades -- Fa
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $49,000 -30.0% --
05/10/2013 05/10/13 Pending -- -- --
02/03/2011 02/03/11 For Sale $70,000 -- --
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,548 $107,600
2025 $1,515 $104,470 $104,470
2024 $1,515 $101,430 $101,430
2023 $1,469 $98,480 $98,480 $0
2022 $1,433 $98,480 $98,480 $0
2021 $1,396 $95,620 $95,620 $0
2020 $1,367 $92,840 $92,840 $0
2019 $1,334 $87,520 $87,520 $0
2018 $1,299 $82,510 $82,510 $0
2017 $1,259 $82,510 $82,510 $0
2016 $1,209 $75,670 $75,670 $0
2015 $1,129 $71,400 $71,400 $0
2014 $1,077 $67,340 $67,340 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102919988

Oregon Datashare

APN: 10987269

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