NOT LISTED FOR SALE

872 Olympic Ave Medford, OR 97504

Estimated Value: $454,000 - $483,000

6 Beds
2 Baths
1,976 Sq Ft
$237/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $501,000 $254 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,799/month

2 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Eat-In Kitchen
  • Granite Countertops
  • Neighborhood Views
  • Double Pane Windows

About This Home

As of May 2022

Single-level duplex offering investment or multi family opportunity. These 998 sq ft, 3 bedroom, 1 bathroom units each have a covered back patio and 2 car garage. The back unit was completely remodeled in 2020 due to a fire and now has quartz countertops throughout, laminate floors and updated HVAC. Each are currently tenant occupied month-to-month agreement and rent for $1000 each per month including water and garbage. Come see this unique East Medford property off N Phoenix Rd conveniently located, close to shopping, medical facilities and 2 golf courses.

Last Agent to Sell the Property

Colin Mullane

Full Circle Real Estate License #200004147 Listed on: 04/27/2022

Co-Listed By

Molly Mullane

Full Circle Real Estate License #201233642

Last Buyer's Agent

Jim North

John L. Scott Medford License #200310092

John L. Scott Medford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,757

Year Built

  • Built in 1975

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Property is zoned RT & HS, RT & HS

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Shared Driveway

Home Design

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

Interior Spaces

  • 1,976 Sq Ft Home
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Tenants personal property, washer/dryer, refrigerator, 872 cabinets in eating area
  • Tax Lot 5400
  • Assessor Parcel Number 10024076

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,757

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1975
  • Co List Office Mls Id: orFCRE
  • Co List Office Phone: 541-482-6868
  • Co List Office Phone: 541-482-6868
  • MLS Status: Closed
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: RT & HS
  • General Property Information Senior Community YN: No
  • General Property Information Horse Property YN: No
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 5400
  • General Property Information Accessory Dwelling Unit YN: No
  • General Property Information New Construction YN: No
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Living Room2: Yes
  • Other Structures:Shed(s): Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Rooms Eating Area: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Range Hood, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Granite Counters, Laminate Counters, Shower/Tub Combo
  • Window Features: Aluminum Frames, Double Pane Windows, Vinyl Frames
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Oven: Yes
  • Appliances:Range Hood: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Neighborhood
  • Horse: No
  • Exclusions: Tenants personal property, washer/dryer, refrigerator, 872 cabinets in eating area
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Window Features:Aluminum Frames: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Concrete, Driveway, Garage Door Opener, Shared Driveway
  • Attached Garage: No
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete2: Yes
  • Parking Features:Shared Driveway: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10024076
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: Acres
  • Zoning Description: RT & HS
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2757.42
  • Tax Lot: 5400
  • Tax Map Number: 371W33BD
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 25, 2022
Sold by
Knapp Family Trust
Bought by
Deluca Revocable Trust
Seller's Agent
Colin Mullane
Full Circle Real Estate
Buyer's Agent
Jim North
John L. Scott Medford
List Price
$449,900
Sold Price
$501,000
Premium/Discount to List
$51,100
11.36%
Current Estimated Value
$468,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,286
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Jan 18, 2021
Sold by
Knapp Leon L and Knapp Cheryl L
Bought by
Knapp Leon L and Knapp Cheryl L
Source: Public Records

Range of Values:

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Average Value
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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
Deluca Revocable Trust $501,000 Amerititle
Knapp Leon L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Ronald L $396,800
Closed Deluca Revocable Trust $400,800
Previous Owner Knapp Leon L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $501,000 +11.4% $254 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $449,900 -- $228 / 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 $2,994 $206,030 $58,900 $147,130
2024 $2,994 $200,030 $57,190 $142,840
2023 $2,900 $194,210 $55,520 $138,690
2022 $2,823 $194,210 $55,520 $138,690
2021 $2,757 $188,560 $53,900 $134,660
2020 $2,679 $183,070 $52,340 $130,730
2019 $2,609 $172,570 $49,340 $123,230
2018 $2,533 $167,550 $47,900 $119,650
2017 $2,387 $167,550 $47,900 $119,650
2016 $2,391 $157,940 $45,150 $112,790
2015 $2,299 $157,940 $39,480 $118,460
2014 $2,210 $148,880 $37,210 $111,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 220144226

Oregon Datashare

APN: 10024076