Seller's Agent in 2025
Elle Powell
RE/MAX
(541) 690-9913
4 in this area
115 Total Sales
622 Hamilton St Medford, OR 97501
Washington Neighborhood
--
Bed
--
Bath
1,728
Sq Ft
6,970
Sq Ft Lot
Highlights
- No Units Above
- 2-Story Property
- Granite Countertops
- Territorial View
- Corner Lot
- No HOA
About This Home
As of February 2025Investment opportunity with a rare 7% cap rate near restaurants, businesses, and schools. Both units are 2 beds, 1 bath, and fully REMODELED and come with a 2-car garage each. each unit collects $1,575 per month. This property was stripped down to the studs and remodeled inside and out. New wiring, plumbing, insulation, drywall, paint, flooring, fixtures, roof, appliances, and much more! Each unit has a private patio and small fenced area, plus a low maintenance, fenced communal yard in front. Zoned for 2 additional units, this has even further development potential!
Last Agent to Sell the Property
RE/MAX Integrity License #201207355 Listed on: 01/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,719
Year Built
- Built in 1977
Lot Details
- 6,970 Sq Ft Lot
- No Units Above
- End Unit
- No Units Located Below
- 1 Common Wall
- Kennel or Dog Run
- Fenced
- Landscaped
- Corner Lot
- Level Lot
Property Views
- Territorial
- Neighborhood
Home Design
- Duplex
- 2-Story Property
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- Bathtub with Shower
- Ceiling Fan
- Double Pane Windows
- Laminate Flooring
Kitchen
- Oven
- Range
- Dishwasher
- Granite Countertops
Laundry
- Dryer
- Washer
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Detached Garage
- Alley Access
- Driveway
- On-Street Parking
- Parking Lot
- Assigned Parking
Outdoor Features
- Courtyard
- Patio
Schools
- Washington Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- No Cooling
- Forced Air Heating System
- Water Heater
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 10408454
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Jan 8, 2025
Sold by
Marcum Christian and Deguchy Mercedes
Bought by
Carlson Kadi
Seller's Agent
Elle Powell
RE/MAX Integrity
Buyer's Agent
Benjamin Kinney
John L. Scott Medford
List Price
$450,000
Sold Price
$463,500
Premium/Discount to List
$13,500
3%
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,379
Avg. Annual Appreciation
-0.85%
Original Mortgage
$345,000
Outstanding Balance
$343,527
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$117,571
Purchase Details
Closed on
Apr 13, 2005
Sold by
Whiteley Thomas J and Whiteley Barbara A
Bought by
Gonzalez Jose M and Gonzalez Maria Victoria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2004
Sold by
Clements Hazel L and Clements Erick E
Bought by
Whiteley Thomas J and Whiteley Barbara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 2002
Sold by
Dove Lane Investments Llc
Bought by
Clements Erick E and Clements Hazel L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.69%
Purchase Details
Closed on
Mar 20, 2001
Sold by
Palazzolo James V and Palazzolo Debbie
Bought by
Dove Lane Investments
Purchase Details
Closed on
Jan 9, 2001
Sold by
Dove Lane Investments Llc
Bought by
Palazzolo James V and Palazzolo Debbie
Purchase Details
Closed on
Mar 29, 1999
Sold by
Palazzolo James V and Palazzolo Debbie
Bought by
Dove Lane Investments Llc
Purchase Details
Closed on
Apr 30, 1998
Sold by
Jones Duane E and Jones Marie M
Bought by
Palazzolo James V and Palazzolo Debbie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,550
Interest Rate
7.06%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $463,000 | First American Title | |
| Warranty Deed | $235,000 | Amerititle | |
| Warranty Deed | $219,000 | First American Title | |
| Corporate Deed | $119,000 | First American Title Ins Co | |
| Bargain Sale Deed | -- | Amerititle | |
| Bargain Sale Deed | -- | Amerititle | |
| Bargain Sale Deed | -- | Jackson County Title | |
| Warranty Deed | $98,500 | Jackson County Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $345,000 | New Conventional | |
| Previous Owner | $188,000 | Purchase Money Mortgage | |
| Previous Owner | $164,250 | Purchase Money Mortgage | |
| Previous Owner | $107,100 | No Value Available | |
| Previous Owner | $93,550 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | Sold | $463,500 | +3.0% | $268 / Sq Ft |
| 01/08/2025 01/08/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | Price Changed | $450,000 | 0.0% | $260 / Sq Ft |
| 01/06/2025 01/06/25 | For Sale | $450,000 | -2.9% | $260 / Sq Ft |
| 12/31/2024 12/31/24 | Off Market | $463,500 | -- | -- |
| 11/04/2024 11/04/24 | Price Changed | $509,900 | 0.0% | $295 / Sq Ft |
| 11/04/2024 11/04/24 | For Sale | $509,900 | +10.0% | $295 / Sq Ft |
| 10/31/2024 10/31/24 | Off Market | $463,500 | -- | -- |
| 09/09/2024 09/09/24 | Price Changed | $536,999 | -0.6% | $311 / Sq Ft |
| 07/24/2024 07/24/24 | For Sale | $540,000 | +55.6% | $313 / Sq Ft |
| 12/09/2022 12/09/22 | Sold | $347,000 | -3.6% | $201 / Sq Ft |
| 09/05/2022 09/05/22 | Pending | -- | -- | -- |
| 06/01/2022 06/01/22 | For Sale | $359,900 | 0.0% | $208 / Sq Ft |
| 05/30/2022 05/30/22 | Pending | -- | -- | -- |
| 05/13/2022 05/13/22 | For Sale | $359,900 | -- | $208 / Sq Ft |
Source: Oregon Datashare
Tax History Compared to Growth
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 | $2,805 | $193,440 | $74,310 | $119,130 |
| 2024 | $2,805 | $187,810 | $72,140 | $115,670 |
| 2023 | $2,719 | $182,340 | $70,030 | $112,310 |
| 2022 | $2,653 | $182,340 | $70,030 | $112,310 |
| 2021 | $2,585 | $177,030 | $68,000 | $109,030 |
| 2020 | $2,530 | $171,880 | $66,020 | $105,860 |
| 2019 | $2,470 | $162,020 | $62,230 | $99,790 |
| 2018 | $2,407 | $157,310 | $60,420 | $96,890 |
| 2017 | $2,363 | $157,310 | $60,420 | $96,890 |
| 2016 | $2,379 | $148,290 | $56,950 | $91,340 |
| 2015 | $2,287 | $148,290 | $56,950 | $91,340 |
| 2014 | $2,247 | $139,790 | $53,680 | $86,110 |
Source: Public Records
Agents Affiliated with this Home
-
Elle Powell
-
Benjamin Kinney
B
Buyer's Agent in 2025
Benjamin Kinney
John L. Scott Medford
(541) 951-9377
6 in this area
92 Total Sales
-
Bob Martin
Seller's Agent in 2022
Bob Martin
RE/MAX
(541) 618-5339
7 in this area
57 Total Sales
-
R
Buyer's Agent in 2022
Robert Martin
Map
Source: Oregon Datashare
MLS Number: 220186998
APN: 10408454
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© 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.
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