NOT LISTED FOR SALE

740 Fernwood Dr Medford, OR 97504

Estimated Value: $430,000 - $434,043

3 Beds
2 Baths
1,578 Sq Ft
$274/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $430,000 $272 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,915/month

59 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Neighborhood Views
  • Contemporary Architecture
  • Great Room
  • Eat-In Kitchen

About This Home

As of August 2023

Located in one of East Medford's finest gated communities of Alder Creek, this lovely 3 Bedroom, 2 Bath home, immaculately cared for and move-in ready, is waiting for you! Desirable open floor plan with vaulted ceilings and Kitchen overlooking the Great Room, perfect for being together with the family and entertaining! Split floorplan creates much privacy for the Primary Suite complete with dual sink in bathroom, easy-step shower and walk-in closet. The HOA dues of $237/month covers all landscaping creating a no-maintenance yard! 50 year tile roof. This neighborhood is very peaceful and quiet, conveniently located close to shopping, medical and golf! Recent updates include newer A/C unit and Gas Furnace in 2021, and Water Heater in 2023. Come tour this home today!

Last Agent to Sell the Property

Laura Corallo

RE/MAX Integrity License #201109057 Listed on: 06/23/2023

RE/MAX Integrity

Last Buyer's Agent

Jake Jakabosky

RE/MAX Integrity License #200501081

RE/MAX Integrity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,710

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SFR-4, SFR-4

HOA Fees

  • $237 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,578 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room
  • Carpet
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Hallway

Outdoor Features

  • Patio

Schools

  • Orchard Hill Elementary School
  • Talent Middle School
  • Phoenix High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Exclusions: Refrigerator in the garage
  • Tax Lot 5700
  • Assessor Parcel Number 10869479

Community Details

Overview

  • Built by Mahar
  • Alder Creek Phase No 4Aplanned Community Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,710

Year Built

Built in 1997

Lot Details

0

HOA Fees

$237 per month

Parking

2

Listing Details

  • Architectural Style: Contemporary
  • Directions: Barnett Rd to Alder Creek Dr. Turn right on Parkway Dr, continue straight to address on Fernwood.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.14
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: Alder Creek Phase No 4APlanned Community
  • Year Built: 1997
  • Co List Office Phone: 541-770-3325
  • Outside Inclusions: Refrigerator, Washer/Dryer, Big-screen TV over fireplace, Gold frame Mirror in Primary Bedroom
  • MLS Status: Closed
  • General Property Information Elementary School: Orchard Hill Elem
  • General Property Information Middle Or Junior School: Talent Middle
  • General Property Information High School: Phoenix High
  • General Property Information:Zoning2: SFR-4
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Documents CCRs: Yes
  • Location Tax and Legal:Tax Lot: 5700
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Rooms:Great Room2: Yes
  • Roof:Tile2: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Bedroom, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Flooring: Carpet
  • Interior Amenities: Double Vanity, Kitchen Island, Laminate Counters, Shower/Tub Combo, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Builder Name: Mahar
  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
  • Roof: Tile
  • View: Neighborhood
  • Exclusions: Refrigerator in the garage
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Kitchen: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage Door Opener
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: 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
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Amenities: Gated, Landscaping
  • Association Fee: 237.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 237.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Gated: Yes
  • Association Amenities:Landscaping: Yes

Schools

  • Elementary School: Orchard Hill Elem
  • High School: Phoenix High
  • Middle Or Junior School: Talent Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 10869479
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3709.75
  • Tax Lot: 5700
  • Tax Map Number: 371W33AB
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 14, 2023
Sold by
Petersberger John J
Bought by
Spencer Frank R and Spencer Marilyn J
Seller's Agent
Laura Corallo
RE/MAX Integrity
Buyer's Agent
Jake Jakabosky
RE/MAX Integrity
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%
Views
117
Current Estimated Value
$432,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,261
Avg. Annual Appreciation
1.21%
Original Mortgage
$408,500
Outstanding Balance
$400,771
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$39,899

Purchase Details

Closed on
Feb 25, 2021
Sold by
Petersberger John J and Petersberger Carol A
Bought by
Petersberger John J

Purchase Details

Listed on
Feb 5, 2019
Closed on
Apr 11, 2019
Sold by
Cortelyou Holly M and Estate Of Julie Anne Tanner
Bought by
Petersberger John J and Petersberger Carol A
Seller's Agent
Eric Calhoun
eXp Realty, LLC
Buyer's Agent
Laura Corallo
RE/MAX Integrity
List Price
$319,500
Sold Price
$312,500
Premium/Discount to List
-$7,000
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Aug 5, 2005
Sold by
Stroo Hans Herman and Stroo Mary Louise
Bought by
Tanner Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 15, 1999
Sold by
Stroo Hans H and Stroo Mary Lou
Bought by
Stroo Hans Herman and Stroo Mary Louise
Source: Public Records

Range of Values:

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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
Spencer Frank R $430,000 Ticor Title
Petersberger John J -- None Listed On Document
Petersberger John J $312,500 First American Title
Tanner Julie J $305,000 First American
Stroo Hans Herman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Frank R $408,500
Previous Owner Tanner Julie J $150,000
Previous Owner Tanner Julie J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $430,000 0.0% $272 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/19/2023 07/19/23 Price Changed $430,000 -2.3% $272 / Sq Ft
06/22/2023 06/22/23 For Sale $439,900 0.0% $279 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $439,900 +40.8% $279 / Sq Ft
04/17/2019 04/17/19 Sold $312,500 -2.2% $198 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $319,500 -- $202 / 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 $3,934 $270,720 $75,960 $194,760
2024 $3,934 $262,840 $73,740 $189,100
2023 $3,810 $255,190 $71,590 $183,600
2022 $3,710 $255,190 $71,590 $183,600
2021 $3,623 $247,760 $69,510 $178,250
2020 $3,520 $240,550 $67,490 $173,060
2019 $3,428 $226,750 $63,600 $163,150
2018 $3,328 $220,150 $61,750 $158,400
2017 $3,137 $220,150 $61,750 $158,400
2016 $3,142 $207,520 $58,200 $149,320
2015 $3,021 $207,520 $62,610 $144,910
2014 $2,904 $195,620 $59,020 $136,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220164682

Oregon Datashare

APN: 10869479