NOT LISTED FOR SALE

Estimated Value: $449,585 - $644,000

5 Beds
5 Baths
2,533 Sq Ft
$229/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $237,000 $94 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $3,421/month

71 Days on Market

Highlights

  • RV Access or Parking
  • 1-Story Property
  • Level Lot
  • 1 Acre Lot
  • Forced Air Heating System

About This Home

As of July 2014

Don't miss the chance to own this unique investment opportunity located in Southwest Medford on a quiet street. One acre lot with developmental potential has a multi-dwelling unit that consists of five units that rent for $650 to $400 a month. Currently, the rents will fetch approximately $3000 a month which includes an older mobile home with long term tenant that rents for $400.00 a month. The Shop is not rented and is estimated at an additional $400/month. Property also features plenty of room for storage, RV parking, two bay large shop, and separate carport that was originally designed to accommodate heavy equipment. Lot shape allows access to two major arterial routes with one access point onto Kings Hwy, and 2 access points on Marshall. Buyer to do own due diligence.

Last Agent to Sell the Property

John Ford

Ford Real Estate License #200901137 Listed on: 04/29/2014

Co-Listed By

Tami Ford

Ford Real Estate License #200507316

Last Buyer's Agent

John Ford

Ford Real Estate License #200901137 Listed on: 04/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1946

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Property is zoned SR-2.5, SR-2.5

Home Design

  • Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 2,533 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • No Garage
  • RV Access or Parking

Schools

  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10452392

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,878

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Directions: Kings Hwy to Marshall
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 1.0
  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1946
  • Co List Office Mls Id: orKWR
  • Co List Office Phone: 541-608-0447
  • Co List Office Phone: 541-608-0447
  • MLS Status: Closed
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: SR-2.5
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Interior Amenities: Primary Downstairs
  • ResoLivingAreaSource: Assessor
  • Interior Features:Primary Downstairs: Yes

Exterior Features

  • Construction Type: Frame
  • Exterior Features: RV Hookup
  • Lot Features: Level
  • Roof: Composition, Metal
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:RV Hookup: Yes

Garage/Parking

  • Parking Features: No Garage, RV Access/Parking
  • Attached Garage: No
  • General Property Information:Garage YN: No
  • Parking Features:RV AccessParking: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 25.0

Schools

  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 10452392
  • ResoLotSizeUnits: Acres
  • Zoning Description: SR-2.5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1877.68
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Jul 7, 2014
Sold by
Horstman Ruthie L and Estate Of Robert Charles Leroy
Bought by
Kings Hwy Properties Llc
Seller's Agent
John Ford
Ford Real Estate
Buyer's Agent
John Ford
Ford Real Estate
List Price
$249,000
Sold Price
$237,000
Premium/Discount to List
-$12,000
-4.82%
Current Estimated Value
$578,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,896
Avg. Annual Appreciation
7.72%
Original Mortgage
$177,750
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kings Hwy Properties Llc $237,000 Ticor Title Company
Kings Hwy Properties Llc $237,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kings Hwy Properties Llc $177,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2014 07/09/14 Sold $237,000 -4.8% $94 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $249,000 -- $98 / 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 $3,190 $219,980 $115,040 $104,940
2024 $3,190 $213,580 $111,690 $101,890
2023 $3,093 $207,360 $108,440 $98,920
2022 $3,017 $207,360 $108,440 $98,920
2021 $2,939 $201,330 $105,280 $96,050
2020 $2,877 $195,470 $102,220 $93,250
2019 $2,809 $184,260 $96,350 $87,910
2018 $2,737 $178,900 $93,540 $85,360
2017 $2,688 $178,900 $93,540 $85,360
2016 $2,706 $168,640 $88,170 $80,470
2015 $2,601 $168,640 $88,170 $80,470
2014 $2,520 $157,520 $99,030 $58,490
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Oregon Datashare

MLS Number: 102946133

Oregon Datashare

APN: 10452392