NOT LISTED FOR SALE

716 Terrazzo Way Medford, OR 97501

Southwest Medford Neighborhood

Estimated Value: $316,000 - $369,638

2 Beds
1 Bath
1,101 Sq Ft
$315/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $319,900 $291 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,154/month

408 Days on Market

Highlights

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

About This Home

As of June 2022

Meadows at Crooked Creek Phase 1--22 new homes conveniently located in the heart of Medford. This beautiful modern farmhouse style or mid-century modern style detached single-story home by Rispoli Design & Build features 1,101 sq ft (per builder), 2 bedrooms and 1 full bath, and 100% Hardie cement non-combustible siding & trim exterior. The extensive list of features helps ensure quality & longevity, with vaulted and/or 9-ft ceilings, quartz countertops, tankless water heater (some plans), LVP flooring, baseboards, porcelain tile, kitchen island, s/s gas appliances, Diamond cabinets with soft-close doors & hidden hinges, fully finished & insulated garage w/insulated garage door & wi-fi opener, front yard professional landscaping, large back yard, and much more! Seller Agent has an ownership interest in the LLC that owns the property. Est. completion 5/13/2022.

Last Agent to Sell the Property

Vic Nicolescu

The Alba Group License #200310120 Listed on: 02/01/2022

The Alba Group

Last Buyer's Agent

Nancy Saum Hough

Millen Property Group License #810300053

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Front 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

  • 1,101 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

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • 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 4010
  • Assessor Parcel Number 11010567

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

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: 0.14
  • 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: 4010
  • 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: 2022-05-13
  • Special Features: NewHome

Interior Features

  • Accessibility Features: Smart Technology
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Has Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • 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: Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: 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: 6098.4
  • Parcel #: 11010567
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 884.19
  • Tax Lot: 4010
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2025
Sold by
Brock Freda Kay
Bought by
Brock Freda Kay and Ireland Ronda
Current Estimated Value
$346,910

Purchase Details

Listed on
Feb 1, 2022
Closed on
May 9, 2022
Sold by
Mcc Homes Llc
Bought by
Brock Freda Kay
Seller's Agent
Vic Nicolescu
The Alba Group
Buyer's Agent
Nancy Saum Hough
Millen Property Group
List Price
$275,000
Sold Price
$319,900
Premium/Discount to List
$44,900
16.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
Original Mortgage
$155,900
Interest Rate
5.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brock Freda Kay -- None Listed On Document
Brock Freda Kay $319,900 First American Title
Mcc Homes Llc $75,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brock Freda Kay $155,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $319,900 +16.3% $291 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
01/09/2021 01/09/21 For Sale $275,000 -- $250 / 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 $3,351 $231,040 $85,990 $145,050
2024 $3,351 $224,320 $83,480 $140,840
2023 $3,248 $281,630 $82,380 $199,250
2022 $1,803 $123,900 $79,380 $44,520
2021 $884 $150,570 $85,450 $65,120
Source: Public Records

Agents Affiliated with this Home

  • Vic Nicolescu

    Seller's Agent in 2022

    Vic Nicolescu

    The Alba Group

    (541) 973-8973

    29 in this area

    103 Total Sales

    Vic Nicolescu
    Section Image
  • Nancy Saum Hough

    Buyer's Agent in 2022

    Nancy Saum Hough

    Millen Property Group

    (541) 840-8824

    2 in this area

    33 Total Sales

    Nancy Saum Hough
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220114701

Oregon Datashare

APN: 11010567

Oregon Jackson County Medford 97501 Southwest Medford

716 Terrazzo Way, Medford, OR

This home is located at 716 Terrazzo Way, Medford, OR 97501 since 01 February 2022 and is currently estimated at $346,910, approximately $315 per square foot. This property was built in 2021. 716 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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