J
Seller's Agent in 2021
James Stormberg
Windermere Van Vleet Eagle Point
(541) 200-8771
29 Total Sales
721 E Jackson St Medford, OR 97504
Estimated Value: $247,000 - $501,000
6
Beds
4
Baths
2,564
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- End Unit
- No HOA
- Cottage
- Corner Lot
- Neighborhood Views
- 3-minute walk to Rogue Air Trampoline Park
About This Home
As of February 2021Attention Investors! 4 units total. Zoned C-S/P which is Service Commercial and Professional Office. Presently 3 of the units are 2 bdrms 1 bath on single level. 1820 sq ft as per county for all 3 units. One unit is 2 bdrms 1 bath with 744 Sq ft as per county on the second floor over the 3 car garage. New Vinyl windows installed 3 years ago. New roof on 3 plex in 2011. All units are centrally located in East Medford close to shopping, parks, restaurants and hospital. Rents are believed to be under market for the area and demand. Units are professionally managed. Financials available upon request. Please do not disturb the tenants. Buyer to do own due diligence in regards to the uses and condition of the property. Owner willing to carry with 30% down on accepted offer for negotiable period.
Last Agent to Sell the Property
Windermere Van Vleet Eagle Point License #201232302 Listed on: 12/08/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,486
Year Built
- Built in 1949
Lot Details
- 6,098 Sq Ft Lot
- End Unit
- No Units Located Below
- 1 Common Wall
- Two or More Common Walls
- Landscaped
- Corner Lot
- Front Yard Sprinklers
Home Design
- Quadruplex
- Cottage
- Frame Construction
- Composition Roof
- Membrane Roofing
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- Bathtub with Shower
- 2-Story Property
- Double Pane Windows
- Vinyl Clad Windows
- Neighborhood Views
- Oven
Flooring
- Carpet
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Attached Garage
- On-Street Parking
Schools
- Roosevelt Elementary School
- Hedrick Middle School
- North Medford High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Exclusions: Tenants personal property
- Tax Lot 1200
- Assessor Parcel Number 1-0362172
Community Details
Overview
- No Home Owners Association
- 4 Units
- Fruit Dale Addition To Medford Subdivision
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2020
Closed on
Feb 11, 2021
Sold by
Weinhold Ronald L and Weinhold Lynda C
Bought by
Jacobson Kris
Seller's Agent
James Stormberg
Windermere Van Vleet Eagle Point
Buyer's Agent
Kathy Tinsley
Windermere Van Vleet & Assoc2
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%
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
-$15,768
Avg. Annual Appreciation
-0.80%
Original Mortgage
$303,000
Outstanding Balance
$268,645
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$120,587
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jacobson Kris | $405,000 | First American |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jacobson Kris | $303,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/12/2021 02/12/21 | Sold | $405,000 | -5.6% | $158 / Sq Ft |
| 12/09/2020 12/09/20 | Pending | -- | -- | -- |
| 11/13/2020 11/13/20 | For Sale | $429,000 | -- | $167 / 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 |
|---|---|---|---|---|
| 2026 | $4,195 | $291,700 | -- | -- |
| 2025 | $4,107 | $283,210 | $102,000 | $181,210 |
| 2024 | $4,107 | $274,970 | $99,030 | $175,940 |
| 2023 | $3,982 | $249,460 | $150,000 | $99,460 |
| 2022 | $3,885 | $266,970 | $96,160 | $170,810 |
| 2021 | $3,638 | $242,220 | $149,230 | $92,990 |
| 2020 | $3,325 | $223,190 | $136,910 | $86,280 |
| 2019 | $3,486 | $229,770 | $139,690 | $90,080 |
| 2018 | $3,302 | $185,280 | $112,650 | $72,630 |
| 2017 | $2,839 | $185,280 | $112,650 | $72,630 |
| 2016 | $2,803 | $175,520 | $106,250 | $69,270 |
| 2015 | $2,982 | $184,810 | $111,870 | $72,940 |
| 2014 | $2,536 | $158,530 | $94,050 | $64,480 |
Source: Public Records
Agents Affiliated with this Home
-
James Stormberg
-
Kathy Tinsley
Buyer's Agent in 2021
Kathy Tinsley
Windermere Van Vleet & Assoc2
(541) 601-2412
124 Total Sales
Map
Source: Oregon Datashare
MLS Number: 220112524
APN: 10362172
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