NOT LISTED FOR SALE

708 W 2nd St Medford, OR 97501

McLoughlin Neighborhood

Estimated Value: $309,292 - $372,000

6 Beds
2 Baths
1,976 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $252,000 $128 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,996/month

6 Days on Market

About This Home

As of September 2018

Fantastic Investment Opportunity Here * Live in One Side, Rent the Other OR, Great Investment Property With 2 Excellent Rental Units * One side is Vacant and ready to Show, One side has a current tenant who would love to stay! Sellers installed a brand new roof just 2 years ago. Both sides have 3 bedrooms, 1 bath, inside laundry and private parking area. Each unit has its' own back yard; Plus each unit has its' own parking area. The vacant side was recently remodeled and shows very nice. Located in a quiet yet convenient area, close to downtown, schools and shopping.

Last Agent to Sell the Property

JJ Kramer

John L. Scott Medford License #200112030 Listed on: 09/06/2018

John L. Scott Medford

Last Buyer's Agent

Jordan Kramer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1972

Lot Details

  • 6,534

Home Design

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

Schools

  • Jackson Elementary School
  • Mcloughlin Middle School

Additional Features

  • 1-Story Property
  • 6,534 Sq Ft Lot
  • Radiant Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10399484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,976

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: W Jackson to Summit Ave to W 2nd St.
  • Unit Levels: One
  • Lot Size Acres: 0.15
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Jackson Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information:Zoning2: SFR-10
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Block, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes
  • Construction Materials:Block: Yes

Utilities

  • Heating: Electric, Radiant
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 10399484
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1976.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 20, 2018
Sold by
Armbruster Ralph J and Beard Bernice M
Bought by
Webb Mark A and Webb Sandra L
Seller's Agent
JJ Kramer
John L. Scott Medford
Buyer's Agent
JJ Kramer
John L. Scott Medford
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Current Estimated Value
$341,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,073
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
May 24, 2005
Sold by
S & J Properties Llc
Bought by
Armbruster Ralph J and Beard Bernice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Beard James
Bought by
S & J Properties Llc

Purchase Details

Closed on
Nov 15, 2002
Sold by
Construction Associates Inc
Bought by
Beard James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2000
Sold by
Construction Associates Inc
Bought by
Silafau Fuafualiva and Silafau Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,630
Interest Rate
8.14%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Webb Mark A $252,000 Ticor Title
Armbruster Ralph J $250,000 Lawyers Title Ins
S & J Properties Llc -- --
Beard James $125,000 First American Title Ins Co
Silafau Fuafualiva $98,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armbruster Ralph J $200,000
Previous Owner Beard James $100,000
Previous Owner Silafau Fuafualiva $85,630
Closed Silafau Fuafualiva $19,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $252,000 +0.8% $128 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $249,900 -- $126 / 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 $2,345 $161,720 $64,460 $97,260
2024 $2,345 $157,010 $62,580 $94,430
2023 $2,273 $152,440 $60,750 $91,690
2022 $2,218 $152,440 $60,750 $91,690
2021 $2,161 $148,000 $58,980 $89,020
2020 $2,115 $143,690 $57,260 $86,430
2019 $2,065 $135,450 $53,980 $81,470
2018 $2,012 $131,510 $50,500 $81,010
2017 $1,976 $131,510 $50,500 $81,010
2016 $1,989 $123,970 $47,600 $76,370
2015 $1,912 $123,970 $47,600 $76,370
2014 $1,878 $116,860 $44,870 $71,990
Source: Public Records

Agents Affiliated with this Home

  • JJ Kramer

    Seller's Agent in 2018

    JJ Kramer

    John L. Scott Medford

    (541) 840-2992

    11 in this area

    648 Total Sales

    JJ Kramer
    Section Image

  • J

    Buyer's Agent in 2018

    Jordan Kramer

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102993614

Oregon Datashare

APN: 10399484

Oregon Jackson County Medford 97501 McLoughlin

708 W 2nd St, Medford, OR

This home is located at 708 W 2nd St, Medford, OR 97501 since 06 September 2018 and is currently estimated at $341,073, approximately $172 per square foot. This property was built in 1972. 708 W 2nd St is a home located in Jackson County with nearby schools including Jackson Elementary School, McLoughlin Middle School, and South Medford High School.

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