NOT LISTED FOR SALE

796 Terrazzo Way Medford, OR 97501

Southwest Medford Neighborhood

Estimated Value: $374,000 - $405,000

3 Beds
2 Baths
1,441 Sq Ft
$273/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $299,900 $208 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,368/month

1 Day on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • No HOA
  • Territorial View
  • Great Room
  • Eat-In Kitchen

About This Home

As of October 2021

Meadows at Crooked Creek Phase 1--22 new detached and duplex homes conveniently located in the heart of Medford, with occupancy starting in summer 2021. This beautiful modern farmhouse style or mid-century modern style attached single-story home by Rispoli Design & Build features 1,441 sq ft (per builder), 3 bedrooms and 2 full baths, and 100% Hardie cement non-combustible siding & trim exterior. The extensive list of features helps ensure quality & longevity, with vaulted and 9-ft ceilings, quartz countertops, tankless water heater (some plans), LVP flooring, baseboards, porcelain tile, kitchen island, s/s gas appliances w/convection oven, Diamond cabinets with soft-close doors & hidden hinges, fully 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 10/29/2021.

Last Agent to Sell the Property

Vic Nicolescu

The Alba Group License #200310120 Listed on: 10/14/2020

The Alba Group

Last Buyer's Agent

Adam Rutledge

eXp Realty, LLC License #201007081

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $798

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned SFR-10, SFR-10

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Great Room
  • Territorial Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

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

Accessible Home Design

  • Smart Technology

Schools

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

Utilities

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

Community Details

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

Listing and Financial Details

  • Tax Lot 4000
  • Assessor Parcel Number 10453816

Home Details

Home Type

Single Family

Est. Annual Taxes

$798

Year Built

Built in 2021 | 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).
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.1
  • Prop. Type: Residential
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2021
  • 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: 4000
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: Yes
  • Appliances Microwave: Yes
  • Flooring:Tile: 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 Eating Area: Yes
  • Rooms:Great Room2: Yes
  • General Property Information Estimated Completion Date: 2021-10-29
  • Buyer Financing:FHA: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: NewHome

Interior Features

  • Accessibility Features: Smart Technology
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Fiberglass Stall Shower, Kitchen Island, Primary Downstairs, Shower/Tub Combo, Smart Thermostat, Tile Shower, Vaulted Ceiling(s), 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:Kitchen Island: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Concrete, Garage Door Opener
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • 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: 4356.0
  • Parcel #: 10453816
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 798.17
  • Tax Lot: 4000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Meadows At Crooked Creek Llc
Bought by
Mcc Homes Llc
Current Estimated Value
$394,068

Purchase Details

Listed on
Oct 14, 2020
Closed on
Oct 21, 2021
Sold by
Mcc Homes Llc
Bought by
Borrou Ethan S and Horch Jessica A
Seller's Agent
Vic Nicolescu
The Alba Group
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$289,900
Sold Price
$299,900
Premium/Discount to List
$10,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$306,797
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Oct 14, 2020
Closed on
Sep 16, 2021
Sold by
Mcc Homes Llc
Bought by
Stone Tiffany Joy
Seller's Agent
Vic Nicolescu
The Alba Group
Buyer's Agent
Adam Rutledge
eXp Realty, LLC
List Price
$289,900
Sold Price
$299,900
Premium/Discount to List
$10,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,797
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Aug 16, 2021
Sold by
Meadows At Crooked Creek Llc
Bought by
Mcc Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,469
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2021
Sold by
Meadows At Crooked Creek Llc
Bought by
Mcc Homes Llc

Purchase Details

Closed on
Dec 17, 2020
Sold by
Mcc Homes Llc
Bought by
Pfohl Josh and Pfohl Paige

Purchase Details

Closed on
Oct 15, 2020
Sold by
Mcc Homes Llc
Bought by
Smith Heather Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,905
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1998
Sold by
Kula Louis and Kula Jacqueline
Bought by
West Main Church Of Christ

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.03%
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
Mcc Homes Llc $70,000 First American Title
Borrou Ethan S $299,900 First American Title
Mcc Homes Llc $70,000 First American Title
Stone Tiffany Joy $327,400 First American
Mcc Homes Llc $70,000 First American
Mcc Homes Llc $70,000 First American Title
Pfohl Josh $337,900 First American Title
Smith Heather Lee $319,900 First American Title
West Main Church Of Christ $195,000 Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borrou Ethan S $306,797
Previous Owner Stone Tiffany Joy $321,469
Previous Owner Smith Heather Lee $303,905
Previous Owner West Main Church Of Christ $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $299,900 +3.4% $208 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $289,900 -- $201 / 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 $3,210 $221,310 $94,710 $126,600
2024 $3,210 $214,870 $91,950 $122,920
2023 $3,111 $208,620 $89,270 $119,350
2022 $3,036 $208,620 $89,270 $119,350
2021 $798 $277,470 $102,890 $174,580
2020 $2,436 $163,330 $163,330 $0
2019 $2,347 $153,970 $71,880 $82,090
2018 $2,287 $149,490 $69,790 $79,700
2017 $2,246 $149,490 $69,790 $79,700
2016 $2,261 $140,920 $65,790 $75,130
2015 $2,173 $140,920 $65,790 $75,130
2014 $2,135 $132,840 $62,020 $70,820
Source: Public Records

Agents Affiliated with this Home

  • Vic Nicolescu

    Seller's Agent in 2021

    Vic Nicolescu

    The Alba Group

    (541) 973-8973

    29 in this area

    103 Total Sales

    Vic Nicolescu
    Section Image
  • Adam Rutledge

    Buyer's Agent in 2021

    Adam Rutledge

    eXp Realty, LLC

    (541) 890-4876

    15 in this area

    580 Total Sales

    Adam Rutledge
    Section Image

  • A

    Buyer Co-Listing Agent in 2021

    Autumn Reynolds

    John L. Scott Medford

    (541) 659-8473

    1 in this area

    41 Total Sales

    Autumn Reynolds
    Section Image
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Map

Source: Oregon Datashare

MLS Number: 220110704

Oregon Datashare

APN: 10453816

Oregon Jackson County Medford 97501 Southwest Medford

796 Terrazzo Way, Medford, OR

This home is located at 796 Terrazzo Way, Medford, OR 97501 since 14 October 2020 and is currently estimated at $394,068, approximately $273 per square foot. This property was built in 2021. 796 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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