NOT LISTED FOR SALE

721 E Jackson St Medford, OR 97504

Medford Area

Estimated Value: $368,000 - $496,000

8 Beds
4 Baths
2,564 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2021

Last sale price $405,000 $158 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,783 / mo

26 Days on Market

Highlights

  • End Unit
  • No HOA
  • Attached Garage
  • Corner Lot
  • Neighborhood Views
  • 3-minute walk to Rogue Air Trampoline Park

About This Home

As of February 2021

Attention 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

James Stormberg

Windermere Van Vleet Eagle Point License #201232302 Listed on: 12/08/2020

Windermere Van Vleet Eagle Point

Last Buyer's Agent

Kathy Tinsley

John L. Scott Medford License #200402065

John L. Scott Medford

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
  • Bungalow
  • Frame Construction
  • Composition Roof
  • Membrane Roofing
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Neighborhood Views
  • Oven

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,486

Year Built

Built in 1949

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Architectural Style: Bungalow
  • Unit Levels: One, Two
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Fruit Dale Addition To Medford
  • Year Built: 1949
  • Co List Office Phone: 541-826-4181
  • MLS Status: Closed
  • General Property Information Audio Surveillance on Premises YN: No
  • Flood:Flood: N/A
  • Special Features: None

Interior Features

  • Appliances: Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls, End Unit, No One Below
  • Construction Type: Concrete, Frame
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Landscaped, Sprinklers In Front
  • Roof: Composition, Membrane
  • View: Neighborhood
  • Exclusions: Tenants personal property

Garage/Parking

  • Parking Features: Attached, On Street
  • Attached Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Park

Schools

  • Elementary School: Roosevelt Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 1-0362172
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-S/P

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3486.19
  • Tax Lot: 1200
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Feb 11, 2021
Sold by
Bought by
Seller's Agent
James Stormberg
Windermere Van Vleet Eagle Point
Buyer's Agent
Kathy Tinsley
John L. Scott Medford
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%
Current Estimated Value
$446,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,556
Avg. Annual Appreciation
1.81%
Original Mortgage
$303,000
Interest Rate
0.026%
Mortgage Type
New Conventional
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$405,000 First American
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $303,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Oregon Datashare

MLS Number: 220112524

Oregon Datashare

APN: 10362172

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