NOT LISTED FOR SALE

7425 Highway 234 Central Point, OR 97502

Estimated Value: $762,000 - $1,145,070

3 Beds
2 Baths
1,836 Sq Ft
$514/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $480,000 $261 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,580/month

6 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 38.58 Acre Lot
  • Barn
  • RV Access or Parking
  • Mountain View

About This Home

As of May 2016

What an incredible opportunity to own one very special property! Just a short drive from the convenience of Medford, this 38+ acre EFU property offers everything you're searching for in a rural home: 21 acres of irrigation rights; a 9 acre private lake, stocked with bass and bluegill; fenced and cross-fenced pastures; 2,500 sf barn and beautiful views of the surrounding landscape, including the Table Rocks. The property is level and functional, perfect for haying, horses, cattle and more. The home overlooks the beautiful lake, your own private waterfront retreat. A large main level deck and two upper balconies allow you to enjoy the views and the wildlife that frequent the area. It offers a spacious feel with 2 story ceiling in the living area, granite counters in the kitchen and Brazilian cherry wood floors. Just a little TLC will bring this home back to its original glory. Don't wait on this rare opportunity!

Last Agent to Sell the Property

Luke Scott

John L. Scott Medford License #201105057 Listed on: 04/14/2016

John L. Scott Medford

Last Buyer's Agent

Jason Engelskirchen

Gateway Real Estate License #201210115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,315

Year Built

  • Built in 1986

Lot Details

  • 38.58 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Fenced
  • Level Lot
  • Garden
  • Property is zoned EFU, EFU

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Property Views

  • Mountain
  • Territorial
  • Valley

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • SAMS Valley Elementary School
  • Hanby Middle School

Farming

  • Barn
  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Irrigation Water Rights
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10159130

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,315

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Directions: Hwy 62 or Table Rock Rd to Hwy 234, head west to property address.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Lot Size Acres: 38.58
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Year Built: 1986
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Sams Valley Elem
  • General Property Information Middle Or Junior School: Hanby Middle
  • General Property Information:Zoning2: EFU
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Well: Yes
  • Flooring:Hardwood: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures:Barn(s): Yes
  • View:Valley: Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Oven, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Cooktop: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Garden, Level, Pasture
  • Other Structures: Barn(s)
  • Roof: Composition
  • View: Mountain(s), Territorial, Valley
  • Waterfront Features: Pond, Lake Front
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Waterfront Features:Lake Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Garden: Yes
  • Lot Features:Pasture: Yes
  • Waterfront Features:Pond3: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, RV Access/Parking
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Electric, Heat Pump
  • Security: Smoke Detector(s), Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Sams Valley Elem
  • Middle Or Junior School: Hanby Middle

Lot Info

  • Lot Size Sq Ft: 1680544.8
  • Parcel #: 10159130
  • Irrigation Water Rights: Yes
  • ResoLotSizeUnits: Acres
  • Zoning Description: EFU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4315.47
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
May 13, 2016
Sold by
Bradley Earl S and Bradley Florine B
Bought by
Oregon Ag Land Llc
Seller's Agent
Luke Scott
John L. Scott Medford
Buyer's Agent
Jason Engelskirchen
Gateway Real Estate
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$944,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,023
Avg. Annual Appreciation
7.45%
Original Mortgage
$385,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2009
Sold by
Heindel Dorothy A and Heindel Steve
Bought by
Bradley Earl S and Bradley Florine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,320
Interest Rate
5.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Oregon Ag Land Llc $480,000 Ticor Title Company Of Or
Bradley Earl S $442,900 Ticor Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Oregon Ag Land Llc $385,000
Previous Owner Bradley Earl S $354,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $480,000 -1.0% $261 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $485,000 -- $264 / 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 $6,670 $555,192 $114,612 $440,580
2024 $6,670 $539,023 $111,273 $427,750
2023 $6,459 $523,323 $108,043 $415,280
2022 $6,316 $523,323 $108,043 $415,280
2021 $6,142 $508,083 $104,903 $403,180
2020 $5,972 $493,291 $101,851 $391,440
2019 $5,829 $464,975 $95,985 $368,990
2018 $5,648 $441,754 $93,194 $348,560
2017 $5,400 $441,754 $93,194 $348,560
2016 $4,478 $355,379 $79,109 $276,270
2015 $3,650 $355,379 $79,109 $276,270
2014 $4,223 $335,014 $74,594 $260,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102964203

Oregon Datashare

APN: 10159130