NOT LISTED FOR SALE

701 Terrazzo Way Medford, OR 97501

Southwest Medford Neighborhood

Estimated Value: $363,000 - $406,000

3 Beds
2 Baths
1,441 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $337,900 $234 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,418/month

Highlights

  • New Construction
  • Vaulted Ceiling
  • No HOA
  • Territorial View
  • Great Room
  • Eat-In Kitchen

About This Home

As of January 2022

Meadows at Crooked Creek Phase 1--22 new detached and duplex homes conveniently located in the heart of Medford, with occupancy starting in summer 2021. This beautiful mid-century modern style detached single-story home by Rispoli Design & Build features 1,441 sq ft (per builder), 3 bedrooms and 2 full baths, and 100% Hardie cement non-combustible siding & trim exterior. The extensive list of features helps ensure quality & longevity, with vaulted and 9-ft ceilings, quartz countertops, tankless water heater (some plans), LVP flooring, baseboards, porcelain tile, kitchen island, s/s gas appliances w/convection oven, Diamond cabinets with soft-close doors & hidden hinges, fully finished & insulated garage w/insulated garage door & wi-fi opener, vinyl fencing, professional landscaping, and much more! Seller Agent has an ownership interest in the LLC that owns the property. Est. completion 12/15/2021.

Last Agent to Sell the Property

Vic Nicolescu

The Alba Group Listed on: 12/16/2020

Last Buyer's Agent

Vic Nicolescu

The Alba Group License #200310120

The Alba Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SFR-10, SFR-10

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room
  • Territorial Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Home Security

  • Surveillance System
  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Smart Technology

Schools

  • Griffin Creek Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Built by Rispoli Design & Build

Listing and Financial Details

  • Tax Lot 4207
  • Assessor Parcel Number 11010594

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Other
  • Directions: From Kings Highway, turn East onto the newly created Terrazzo Way (between Trinity Way and Shafer Lane).
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.09
  • Prop. Type: Residential
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2021
  • Co List Office Phone: 541-973-8973
  • MLS Status: Closed
  • General Property Information Elementary School: Griffin Creek Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: SFR-10
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 4207
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: Yes
  • Appliances Microwave: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Rooms Eating Area: Yes
  • Rooms:Great Room2: Yes
  • General Property Information Estimated Completion Date: 2021-12-15
  • Special Features: NewHome

Interior Features

  • Accessibility Features: Smart Technology
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Fiberglass Stall Shower, Kitchen Island, Primary Downstairs, Shower/Tub Combo, Smart Thermostat, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • ResoLivingAreaSource: Builder
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Builder Name: Rispoli Design & Build
  • Common Walls: No Common Walls
  • Construction Type: Concrete, Frame
  • Foundation Details: Stemwall
  • Lot Features: Fenced, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Concrete3: Yes
  • Accessibility Features:Smart Technology: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Garage Door Opener
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Griffin Creek Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 3920.4
  • Parcel #: 11010594
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 785.81
  • Tax Lot: 4207
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pfohl Josh $294,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $337,900 +4.0% $234 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $324,900 -- $225 / 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 $3,535 $243,750 $78,630 $165,120
2024 $3,535 $236,660 $76,340 $160,320
2023 $3,427 $260,650 $75,450 $185,200
2022 $2,685 $184,520 $72,450 $112,070
2021 $786 $242,650 $78,710 $163,940
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Vic Nicolescu

    The Alba Group

See All Agents

Map

Source: Oregon Datashare

MLS Number: 220113820

Oregon Datashare

APN: 11010594

Oregon Jackson County Medford 97501 Southwest Medford

701 Terrazzo Way, Medford, OR

This home is located at 701 Terrazzo Way, Medford, OR 97501 since 16 December 2020 and is currently estimated at $392,675, approximately $272 per square foot. This property was built in 2021. 701 Terrazzo Way is a home located in Jackson County with nearby schools including Griffin Creek Elementary School, McLoughlin Middle School, and South Medford High School.

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