NOT LISTED FOR SALE

Estimated Value: $595,000 - $729,000

8 Beds
4 Baths
3,224 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $710,000 $220 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,977/month

6 Days on Market

Highlights

  • Ranch Style House
  • Detached Garage
  • Baseboard Heating
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Carpet

About This Home

As of April 2022

With the rental market continuing to get better and better in Medford, if you've been looking for great cash flow this 4 plex is a solid Investment Income property. NEW ROOFS ON BOTH UNITS and BOH CARPORTS will be on by COE. All units are two bedroom and one bathroom and approximately 806 sq ft. well maintained. Each unit has a storage space and washer and dryer hookups in storage area. The neighborhood has a good mix of home ownership & rentals with easy access to shopping and schools. All units are currently occupied. Call for additional information & showing instructions.

Last Agent to Sell the Property

Arron Waldron

Home Quest Realty License #201001094 Listed on: 03/26/2022

Last Buyer's Agent

Julie Winningham

Invest Rite Realty Group, LLC License #201219653

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1965

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall

Home Design

  • Quadruplex
  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Carpet
  • Vinyl

Parking

  • Detached Garage
  • Alley Access
  • On-Street Parking
  • Parking Lot

Schools

  • Jackson Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Exclusions: Tenant
  • Assessor Parcel Number 1-0399348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,455

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: From N Columbus turn East on W. 2nd St. property on the left
  • Unit Levels: One
  • Lot Size Acres: 0.27
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Subdivision Name: N/A
  • Year Built: 1965
  • Co List Office Phone: 541-774-5503
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information Elementary School: Jackson 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 Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Levels:One: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenant
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Alley Access, Detached, On Street, Parking Lot
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Alley Access: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 11761.2
  • Parcel #: 1-0399348
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3454.95
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2003
Sold by
Mcbee Jim A and Mcbee Michael Andrew
Bought by
West 2Nd Street Llc
Current Estimated Value
$672,511
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
West 2Nd Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rc Amore Realtors Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $710,000 +3.6% $220 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $685,000 -- $212 / 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 $3,750 $258,580 $70,970 $187,610
2024 $3,750 $251,050 $68,910 $182,140
2023 $3,635 $243,740 $66,910 $176,830
2022 $3,547 $243,740 $66,910 $176,830
2021 $3,455 $236,650 $64,960 $171,690
2020 $3,382 $229,760 $63,070 $166,690
2019 $3,302 $216,580 $59,440 $157,140
2018 $3,217 $210,280 $57,700 $152,580
2017 $3,159 $210,280 $57,700 $152,580
2016 $3,180 $198,220 $54,390 $143,830
2015 $3,057 $198,220 $54,390 $143,830
2014 $3,003 $186,850 $51,270 $135,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220141957

Oregon Datashare

APN: 10399348