NOT LISTED FOR SALE

850 Olympic Ave Medford, OR 97504

Medford Area

Estimated Value: $388,484

5 Beds
2 Baths
864 Sq Ft
$450/Sq Ft Est. Value

Sale Details

Date Sold: September 27, 2012

Last sale price $150,000 $174 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,420 / mo

35 Days on Market

About This Home

As of September 2012

Super East Medford Duplex: 2 Detached/separate dwellings which makes it really nice for tenant's privacy. Unit 850 is a 3 bedroom w/ 1 bath -1396 sqft; Unit 848 is a 2 bedroom w/ 1 bathroom - 864 sqft. Previous listings state that the Kitchens and baths have been recently updated with new cabinets, fixtures, etc. Each unit has a single car garage. Both have a fenced in backyard and covered patio/deck. Near RV Hospital & Centennial Golf Course. 100% occupied, Please be advised that the property is marketing with occupant (MWO). Property is sold as-is, occupied. The property is subject to tenant protection laws.

Last Agent to Sell the Property

Mark Akkette

RE/MAX Integrity License #980300111 Listed on: 07/10/2012

Last Buyer's Agent

Emily Zook

Patricia Sprague Real Estate License #200210184

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,098

Year Built

  • Built in 1972

Lot Details

  • 9,583

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Schools

  • Orchard Hill Elementary School
  • Talent Middle School

Utilities

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

Additional Features

  • 1-Story Property
  • 9,583 Sq Ft Lot

Community Details

  • 2 Units
  • Gross Income $19,500

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Assessor Parcel Number 10022115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,098

Year Built

Built in 1972

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Total Gross Income: 19500.0
  • Co List Office Phone: 541-770-3325
  • MLS Status: Closed
  • Additional Features:Additional Features: Separate Electric Meters, Separate Gas Meters
  • Special Features: RealEstateOwned

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenant's personal property

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes

Schools

  • Elementary School: Orchard Hill Elem
  • Middle Or Junior School: Talent Middle

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10022115
  • ResoLotSizeUnits: Acres
  • Zoning Description: sfr-10

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2098.0
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2012
Closed on
Aug 23, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Seller's Agent
Mark Akkette
RE/MAX Integrity
Buyer's Agent
Emily Zook
Patricia Sprague Real Estate
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$388,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,484
Avg. Annual Appreciation
7.04%
Original Mortgage
$105,000
Outstanding Balance
$69,562
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$318,922

Purchase Details

Closed on
Apr 24, 2012
Sold by
Wells Craig K
Bought by
Deutsche Bank National Trust Company and Bcap Llc Trust 2007-Aa2

Purchase Details

Closed on
Jul 6, 2004
Sold by
Gorman Rhonda and Jones Robert A
Bought by
Wells Craig K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Csaftis Ryan J
Bought by
Gorman Rhonda and Jones Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 1, 2002
Sold by
Kleinhesselink Anna
Bought by
Csaftis Ryan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,900
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 Ticor Title
Deutsche Bank National Trust Company $212,289 Accommodation
Wells Craig K $255,000 Amerititle
Gorman Rhonda -- Amerititle
Csaftis Ryan J -- Amerititle
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $105,000
Previous Owner Wells Craig K $204,000
Previous Owner Gorman Rhonda $158,400
Previous Owner Csaftis Ryan J $126,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $150,000 0.0% $174 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
06/06/2012 06/06/12 For Sale $150,000 -- $174 / Sq Ft
Source: Oregon Datashare

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,187 $220,640
2025 $3,113 $214,220 $70,330 $143,890
2024 $3,113 $207,990 $68,280 $139,710
2023 $3,015 $201,940 $66,300 $135,640
2022 $2,936 $201,940 $66,300 $135,640
2021 $2,867 $196,060 $64,360 $131,700
2020 $2,786 $190,350 $62,490 $127,860
2019 $2,713 $179,430 $58,910 $120,520
2018 $2,634 $174,210 $57,190 $117,020
2017 $2,482 $174,210 $57,190 $117,020
2016 $2,486 $164,220 $53,910 $110,310
2015 $2,390 $164,220 $61,810 $102,410
2014 $2,298 $154,800 $58,270 $96,530
Source: Public Records

Agents Affiliated with this Home

  • MA

    Seller's Agent in 2012

    Mark Akkette

    RE/MAX

    Section Image

  • EZ

    Buyer's Agent in 2012

    Emily Zook

    Patricia Sprague Real Estate

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102930871

Oregon Datashare

APN: 10022115

Oregon Jackson County Medford 97504

850 Olympic Ave, Medford, OR

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