NOT LISTED FOR SALE

720 W Jackson St Medford, OR 97501

West Main Neighborhood

Estimated Value: $346,000 - $415,000

6 Beds
2 Baths
1,976 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $279,000 $141 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,236/month

48 Days on Market

About This Home

As of November 2018

Looking for the PERFECT investment opportunity? If so, this is the one for you! Fabulous location right in front of Jackson Elementary and conveniently located near downtown Medford, this is a renter or homeowners dream! At an inexpensive price, you can continue to rent out the front unit (720) to the current tenants while living in the newly remodeled back unit (722) or you can rent out both units to improve your investment portfolio. Both units were remodeled between 2016-2018 and look brand new! They feature 3 bedrooms, 1 bathroom, 988 sq ft, spacious living room & kitchen, a carport, and additional off street parking. New Mitsubishi Ductless Mini-Split AC systems were installed in both units as well! Also, both units have new windows, new doors inside & out, new carpeting, interior & exterior paint, completely remodeled kitchens (tile backsplash, countertops, cabinetry, brand new appliances), and much more!! This one won't last long so contact the listing agent today!

Last Agent to Sell the Property

Alex Aaronson

John L. Scott Medford License #201209927 Listed on: 08/22/2018

John L. Scott Medford

Last Buyer's Agent

Israel Hunter

RE/MAX Integrity License #200904112

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Schools

  • Jackson Elementary School
  • Mcloughlin Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Assessor Parcel Number 10387374

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Directions: Off W Jackson right past Summit St. To get to unit 722, take alley way on Priddey or go through Jackson Elementary school parking lot and alley way will be on your left.
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1973
  • 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
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: Tenant's personal property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 10387374
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2194.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Nov 15, 2018
Sold by
Clelland William and Clelland Sarah
Bought by
Schoenmann Brandon and Flores Yadira J
Seller's Agent
Alex Aaronson
John L. Scott Medford
Buyer's Agent
Israel Hunter
RE/MAX Integrity
List Price
$299,000
Sold Price
$279,000
Premium/Discount to List
-$20,000
-6.69%
Current Estimated Value
$377,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,349
Avg. Annual Appreciation
4.71%
Original Mortgage
$273,946
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 16, 2015
Closed on
Sep 1, 2015
Sold by
Hockersmith Dale W and Hockersmith Cathy A
Bought by
Clelland William and Clelland Sarah
Seller's Agent
Donna Rogers
Finish Line Real Estate LLC
Buyer's Agent
Patrick Fossati
John L. Scott Medford
List Price
$142,000
Sold Price
$125,000
Premium/Discount to List
-$17,000
-11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.35%
Original Mortgage
$93,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Hockersmith Dale Wayne
Bought by
Hockersmith Dale W and Hockersmith Cathy A
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
Schoenmann Brandon $279,000 Ticor Title
Clelland William $125,000 First American
Hockersmith Dale W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schocnmann Brandon $263,500
Closed Schoenmann Brandon $272,291
Closed Schoenmann Brandon $273,946
Previous Owner Clelland William $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $279,000 -6.7% $141 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $299,000 +139.2% $151 / Sq Ft
10/05/2015 10/05/15 Sold $125,000 -12.0% $63 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $142,000 -- $72 / 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 $2,706 $186,580 $64,230 $122,350
2024 $2,706 $181,150 $62,360 $118,790
2023 $2,623 $175,880 $60,550 $115,330
2022 $2,559 $175,880 $60,550 $115,330
2021 $2,493 $170,760 $58,780 $111,980
2020 $2,440 $165,790 $57,070 $108,720
2019 $2,383 $156,290 $53,790 $102,500
2018 $2,194 $143,410 $40,910 $102,500
2017 $2,155 $143,410 $40,910 $102,500
2016 $2,169 $135,190 $38,560 $96,630
2015 $2,085 $135,190 $38,560 $96,630
2014 -- $127,440 $36,340 $91,100
Source: Public Records

Agents Affiliated with this Home

  • Alex Aaronson

    Seller's Agent in 2018

    Alex Aaronson

    John L. Scott Medford

    (832) 741-5106

    5 in this area

    296 Total Sales

    Alex Aaronson
    Section Image
  • Israel Hunter

    Buyer's Agent in 2018

    Israel Hunter

    RE/MAX

    (541) 973-7731

    2 in this area

    61 Total Sales

    Israel Hunter
    Section Image

  • D

    Seller's Agent in 2015

    Donna Rogers

    Finish Line Real Estate LLC

  • S

    Seller Co-Listing Agent in 2015

    Sandra Schell

    Sandra Schell Real Estate

    Section Image

  • P

    Buyer's Agent in 2015

    Patrick Fossati

    John L. Scott Medford

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 102993286

Oregon Datashare

APN: 10387374

Oregon Jackson County Medford 97501 West Main

720 W Jackson St, Medford, OR

This home is located at 720 W Jackson St, Medford, OR 97501 since 22 August 2018 and is currently estimated at $377,349, approximately $190 per square foot. This property was built in 1973. 720 W Jackson St is a home located in Jackson County with nearby schools including Jackson Elementary School, McLoughlin Middle School, and North Medford High School.

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