NOT LISTED FOR SALE

788 Cherry St Medford, OR 97501

West Main Neighborhood

Estimated Value: $1,149,022

5 Acres
$229,346 Price per Acre
218,236 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $1,100,000 $979 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,516/month

65 Days on Market

Highlights

  • 5.01 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of December 2021

Rare 5.01 acres MFR-15 land available in West Medford with plans developed. Current plans are for an approximately 76-unit multifamily development. The property is to be sold with SPAC approvals, building/architectural plans and entitlements in place. See attached site plan and call Listing Broker for additional project details.

Last Agent to Sell the Property

Bill Leever

Pulver and Leever Real Estate License #200603385 Listed on: 06/07/2021

Co-Listed By

Taylor Dunn

Pulver and Leever Real Estate License #201224881

Last Buyer's Agent

x Non-SOMLS REALTOR

No Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,730

Lot Details

  • 5.01 Acre Lot
  • Level Lot
  • Property is zoned MFR-15, MFR-15

Schools

  • Oak Grove Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Community Details

  • No Home Owners Association
  • Nickell Addition Subdivision

Listing and Financial Details

  • Tax Lot 2500
  • Assessor Parcel Number 1-0433444

Property Details

Property Type

Land

Est. Annual Taxes

$2,730

Lot Details

0

Listing Details

  • Garage Yn: No
  • Lot Size Acres: 5.01
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Subdivision Name: Nickell Addition
  • Co List Office Mls Id: orLRE
  • Co List Office Phone: 541-773-5391
  • Co List Office Phone: 541-773-5391
  • MLS Status: Closed
  • General Property Information Elementary School: Oak Grove Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: MFR-15
  • General Property Information Senior Community YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2500
  • Utilities:Electricity Connected: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Level
  • Lot Features:Level: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Oak Grove Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 218235.6
  • Parcel #: 1-0433444
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2730.41
  • Tax Lot: 2500
  • Tax Map Number: 37 2W 26DD
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Dec 3, 2021
Sold by
Cherry Street Properties Llc
Bought by
Housing Authority Of Jackson County
Seller's Agent
Bill Leever
Pulver and Leever Real Estate
Buyer's Agent
x Non-SOMLS REALTOR
No Office
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,149,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,022
Avg. Annual Appreciation
1.46%

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jul 30, 2018
Sold by
Taylor Gina T and Weaver Beverly J
Bought by
Cherry Street Properties Llc
Seller's Agent
Elizabeth Forster
Windermere Van Vleet & Assoc2
Buyer's Agent
Diane Major
Oregon Opportunities Real Estate
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.91%

Purchase Details

Closed on
May 17, 2006
Sold by
Schaffer Merna
Bought by
Merna Schaffer Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Housing Authority Of Jackson County $1,100,000 First American
Cherry Street Properties Llc $435,000 Ticor Title
Merna Schaffer Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cherry Street Properties Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $1,100,000 -8.3% $979 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,200,000 +175.9% $1,068 / Sq Ft
07/31/2018 07/31/18 Sold $435,000 -12.8% $387 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
10/14/2016 10/14/16 For Sale $499,000 -- $444 / 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 $2,700 -- -- --
2024 $2,700 -- -- --
2023 $2,700 -- -- --
2022 $2,700 -- -- --
2021 $2,700 $159,790 $159,790 $0
2020 $2,730 $159,790 $159,790 $0
2019 $2,297 $150,630 $150,630 $0
2018 $2,764 $160,110 $99,180 $60,930
2017 $2,406 $160,110 $99,180 $60,930
2016 $2,421 $150,930 $93,490 $57,440
2015 $1,869 $150,930 $93,490 $57,440
2014 $1,817 $142,280 $88,130 $54,150
Source: Public Records

Agents Affiliated with this Home

  • Bill Leever

    Seller's Agent in 2021

    Bill Leever

    Pulver and Leever Real Estate

    (541) 773-5391

    2 in this area

    40 Total Sales

    Section Image
  • Taylor Dunn

    Seller Co-Listing Agent in 2021

    Taylor Dunn

    Pulver and Leever Real Estate

    (541) 255-5953

    3 in this area

    18 Total Sales

    Section Image

  • x

    Buyer's Agent in 2021

    x Non-SOMLS REALTOR

    No Office

  • E

    Seller's Agent in 2018

    Elizabeth Forster

    Windermere Van Vleet & Assoc2

  • Diane Major

    Buyer's Agent in 2018

    Diane Major

    Oregon Opportunities Real Estate

    (541) 821-8699

    53 Total Sales

    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220124368

Oregon Datashare

APN: 10433444

Oregon Jackson County Medford 97501 West Main

788 Cherry St, Medford, OR

This home is located at 788 Cherry St, Medford, OR 97501 since 07 June 2021 and is currently estimated at $1,149,022, approximately $1,022 per square foot. 788 Cherry St is a home located in Jackson County with nearby schools including Oak Grove Elementary School, McLoughlin Middle School, and South Medford High School.

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