NOT LISTED FOR SALE

748 Terrazzo Way Medford, OR 97501

Southwest Medford Neighborhood

Estimated Value: $336,000 - $379,000

2 Beds
2 Baths
1,238 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $324,900 $262 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,223/month

16 Days on Market

Highlights

  • New Construction
  • Great Room
  • Double Pane Windows
  • Territorial View
  • No HOA
  • Double Vanity

About This Home

As of January 2023

Meadows at Crooked Creek--1 of the last 2 new homes in Phase 1, located in the heart of Medford. This beautiful modern farmhouse style attached single-story home by Rispoli Design & Build features 1,238 sq ft (per builder), 2 bedrooms and 2 baths, and 100% Hardie cement siding & trim exterior. The extensive list of features helps ensure quality & longevity, with 9-ft ceilings, quartz counters, tankless water heater, LVP flooring, baseboards, porcelain tile, kitchen island, s/s gas appliances, Diamond cabinets with soft-close doors & hidden hinges, finished & insulated garage w/insulated garage door & wi-fi opener, vinyl fencing, professional landscaping, and much more! Seller Agent has an ownership interest in the LLC that owns the property. Est. completion 11/30/2022.

Last Agent to Sell the Property

Vic Nicolescu

Keller Williams Southern Oregon The Alba Group Listed on: 02/22/2022

Last Buyer's Agent

Jeanine Healy

John L. Scott Medford License #200311176

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SFR-10, SFR-10

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1,238 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room
  • Territorial Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Surveillance System
  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Griffin Creek Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

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

Additional Features

  • Smart Technology
  • In Flood Plain

Community Details

  • No Home Owners Association
  • Built by Rispoli Design & Build

Listing and Financial Details

  • Tax Lot 4006
  • Assessor Parcel Number 11010565

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Other
  • Directions: From Kings Highway, turn East onto the newly created Terrazzo Way (between Trinity Way and Shafer Lane) to address on Left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.11
  • Prop. Type: Residential
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2022
  • Co List Office Phone: 541-973-8973
  • MLS Status: Closed
  • General Property Information Elementary School: Griffin Creek Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: SFR-10
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 4006
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: Yes
  • Appliances Microwave: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Lot Features Sprinkler Timer(s): Yes
  • Roof:Composition: Yes
  • Rooms:Great Room2: Yes
  • General Property Information Estimated Completion Date: 2022-11-30
  • Common Walls 1 Common Wall: Yes
  • Special Features: NewHome

Interior Features

  • Accessibility Features: Smart Technology
  • Appliances: Dishwasher, Disposal, Microwave, Range, Tankless Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Fiberglass Stall Shower, Primary Downstairs, Shower/Tub Combo, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • ResoLivingAreaSource: Builder
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Tankless Water Heater: Yes

Exterior Features

  • Builder Name: Rispoli Design & Build
  • Common Walls: 1 Common Wall
  • Construction Type: Concrete, Frame
  • Foundation Details: Stemwall
  • Lot Features: Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Concrete3: Yes
  • Accessibility Features:Smart Technology: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage Door Opener
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: 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
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Griffin Creek Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 11010565
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres
  • Flood Plain: Yes

Tax Info

  • Tax Annual Amount: 795.95
  • Tax Lot: 4006
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2022
Sold by
Meadows At Crooked Creek Llc
Bought by
Mcc Homes Llc
Current Estimated Value
$362,937

Purchase Details

Closed on
Mar 11, 2022
Sold by
Mcc Homes Llc
Bought by
King Michael Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,410
Interest Rate
6.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mcc Homes Llc $75,000 First American Title
King Michael Joseph $324,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Michael Joseph $292,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $324,900 0.0% $262 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $324,900 -- $262 / 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 $3,131 $215,890 $71,620 $144,270
2024 $3,131 $209,610 $69,530 $140,080
2023 $3,035 $340,240 $77,700 $262,540
2022 $796 $54,700 $54,700 $0
2021 $775 $53,110 $53,110 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Vic Nicolescu

    Keller Williams Southern Oregon The Alba Group

  • J

    Buyer's Agent in 2023

    Jeanine Healy

    John L. Scott Medford

    (541) 261-4726

    5 in this area

    69 Total Sales

    Jeanine Healy
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Map

Source: Oregon Datashare

MLS Number: 220139790

Oregon Datashare

APN: 11010563

Oregon Jackson County Medford 97501 Southwest Medford

748 Terrazzo Way, Medford, OR

This home is located at 748 Terrazzo Way, Medford, OR 97501 since 22 February 2022 and is currently estimated at $362,937, approximately $293 per square foot. This property was built in 2022. 748 Terrazzo Way is a home located in Jackson County with nearby schools including Griffin Creek Elementary School, McLoughlin Middle School, and South Medford High School.

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