NOT LISTED FOR SALE

618 Midway Rd Medford, OR 97501

Northwest Medford Neighborhood

Estimated Value: $362,000 - $460,000

4 Beds
4 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold May 15, 2015

Last sale price $230,000

Est. 79% increase in value since last sale

Current estimated payment $2,517/month

99 Days on Market

About This Home

As of May 2015

Solid investment opportunity. Quality built duplex in good NW Medford location. Low maintenance exterior, hardy plank siding, metal carports, paved parking, & bike rack. Each unit is 2 bdrm, 2 bath with laundry hookups, private deck or patio with storage and carports. Units are single level living, building is 2 story. Appliances included are microwaves, range/oven, refrigerator and dishwasher. Homeowners association dues are $180/mo. and cover exterior, landscape, insurances and garbage. Rents are currently $700. per unit - Same units in the complex are renting for as much as $775.

Last Agent to Sell the Property

Randy McBee

John L. Scott Medford License #940500216 Listed on: 12/02/2014

John L. Scott Medford

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2006

Lot Details

  • 1,742

Home Design

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

Schools

  • Howard Elementary School
  • Mcloughlin Middle School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 1,742 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $16,800

Listing and Financial Details

  • Assessor Parcel Number 10985012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,563

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Table Rock Road to Midway Road.
  • Unit Levels: Two
  • Lot Size Acres: 0.04
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2006
  • Total Gross Income: 16800.0
  • Co List Office Phone: 541-779-3611
  • Outside Inclusions: Refrigerators
  • MLS Status: Closed
  • General Property Information Elementary School: Howard Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information:Zoning2: MFR-30
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • 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

Schools

  • Elementary School: Howard Elem
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 10985012
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-30
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2562.77
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2014
Closed on
May 13, 2015
Sold by
Kimball Charles W
Bought by
Deluca Ronald L and The Deluca Revocable Trust
Seller's Agent
Randy McBee
John L. Scott Medford
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$247,000
Sold Price
$230,000
Premium/Discount to List
-$17,000
-6.88%
Current Estimated Value
$410,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,856
Avg. Annual Appreciation
5.91%
Original Mortgage
$162,000
Interest Rate
3.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2014
Sold by
Kimball Charles W
Bought by
Kimball Charles W

Purchase Details

Closed on
Jan 19, 2010
Sold by
Federal National Mortgage Association
Bought by
Kimball Charles W and Kimball Family Trust

Purchase Details

Closed on
Jul 13, 2009
Sold by
National City Mortgage
Bought by
Federal National Mortgage Association
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
Deluca Ronald L $230,000 First American
Kimball Charles W -- None Available
Kimball Charles W $150,000 Ticor Title Company Of Or
Federal National Mortgage Association $274,283 Fa
National City Mortgage $274,283 Fa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Deluca Ronald L $162,000
Previous Owner Buntin Terry L $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $230,000 -6.9% --
03/11/2015 03/11/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $247,000 -- --
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 $3,200 $220,670 $71,590 $149,080
2024 $3,200 $214,250 $69,510 $144,740
2023 $3,102 $208,010 $67,480 $140,530
2022 $3,027 $208,010 $67,480 $140,530
2021 $2,949 $201,960 $65,520 $136,440
2020 $2,886 $196,080 $63,610 $132,470
2019 $2,818 $184,830 $59,960 $124,870
2018 $2,746 $179,450 $58,210 $121,240
2017 $2,696 $179,450 $58,210 $121,240
2016 $2,714 $169,160 $54,860 $114,300
2015 $2,609 $169,160 $54,860 $114,300
2014 -- $159,460 $51,710 $107,750
Source: Public Records

Agents Affiliated with this Home

  • Randy McBee

    Seller's Agent in 2015

    Randy McBee

    John L. Scott Medford

    (541) 774-5631

    2 in this area

    88 Total Sales

    Section Image
  • Jim North

    Buyer's Agent in 2015

    Jim North

    John L. Scott Medford

    (541) 488-1311

    6 in this area

    178 Total Sales

    Section Image
  • Douglas Morse

    Buyer Co-Listing Agent in 2015

    Douglas Morse

    John L. Scott Medford

    (541) 734-5280

    12 in this area

    507 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102951960

Oregon Datashare

APN: 10985012

Oregon Jackson County Medford 97501 Northwest Medford

618 Midway Rd, Medford, OR

This home is located at 618 Midway Rd, Medford, OR 97501 since 02 December 2014 and is currently estimated at $410,856. This property was built in 2006. 618 Midway Rd is a home located in Jackson County with nearby schools including Howard Elementary School, McLoughlin Middle School, and North Medford High School.

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