NOT LISTED FOR SALE

871 Valley View Dr Medford, OR 97504

Estimated Value: $693,967 - $802,000

8 Beds
4 Baths
3,368 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $497,000 $148 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,412/month

6 Days on Market

About This Home

As of June 2019

Great East Medford, close-in location near shopping and parks. Well maintained 4-plex with 2 bedroom/1 bath units, all currently rented month to month at $875. Spacious living rooms, eat in kitchens with included refrigerators, washer/dryer hookups. Association dues cover landscape, garbage, common area maintenance and management of HOA. In 2017 a new roof was installed, upper decks were new, and 2 heat pumps were replaced. Great opportunity for a solid investment in a popular location.

Last Agent to Sell the Property

Amy Moore

Twin Creeks Real Estate, Inc. License #921100233 Listed on: 05/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,099

Year Built

  • Built in 1995

Lot Details

  • 2,178

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 2,178 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 10850248

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,099

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: East on Spring Street, south on Valley View to address on the right.
  • Unit Levels: Two
  • Lot Size Acres: 0.05
  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1995
  • Co List Office Phone: 541-210-2184
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 10850248
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5099.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jun 5, 2019
Sold by
Good Douglas Martin and Estate Of Melvin Harold Good
Bought by
Carmell Family Trust
Seller's Agent
Amy Moore
Twin Creeks Real Estate, Inc.
List Price
$525,000
Sold Price
$497,000
Premium/Discount to List
-$28,000
-5.33%
Current Estimated Value
$738,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,742
Avg. Annual Appreciation
5.68%

Purchase Details

Listed on
Jan 13, 2017
Closed on
Mar 3, 2017
Sold by
Pelton Montrosa P and Pelton Kathleenclarke
Bought by
Good Melvin H
Seller's Agent
Michael Bauer
Windermere Van Vleet & Assoc2
Buyer's Agent
Linda Anderson
Todd Couch Real Estate
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$337,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Perry Sean E and Perry Nicole
Bought by
Pelton Montross P and Pelton Kathleen Clarke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 25, 2002
Sold by
Goings F Scott and Goings Hallie
Bought by
Perry Sean E and Perry Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,600
Interest Rate
6.17%
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
Carmell Family Trust $497,000 First American
Good Melvin H $450,000 First American
Pelton Montross P -- Amerititle
Perry Sean E -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Good Melvin H $337,500
Previous Owner Pelton Montross P $292,500
Previous Owner Perry Sean E $215,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $497,000 -5.3% $148 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $525,000 +16.7% $156 / Sq Ft
03/10/2017 03/10/17 Sold $450,000 0.0% $134 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $450,000 -- $134 / 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 $5,943 $409,800 $86,290 $323,510
2024 $5,943 $397,870 $83,770 $314,100
2023 $5,761 $386,290 $81,330 $304,960
2022 $5,621 $386,290 $81,330 $304,960
2021 $5,475 $375,040 $78,960 $296,080
2020 $5,360 $364,120 $76,660 $287,460
2019 $5,233 $343,230 $72,250 $270,980
2018 $5,099 $333,240 $70,140 $263,100
2017 $4,989 $333,240 $70,140 $263,100
2016 $5,038 $314,120 $66,110 $248,010
2015 $4,844 $314,120 $66,110 $248,010
2014 $4,586 $286,680 $78,130 $208,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103002239

Oregon Datashare

APN: 10850248