NOT LISTED FOR SALE

901 Murphy Rd Medford, OR 97504

Estimated Value: $379,535 - $455,000

4 Beds
2 Baths
1,848 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 09, 2015

Last sale price $195,000 $106 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,420/month

64 Days on Market

About This Home

As of January 2015

Rare opportunity to own a fantastic Duplex in a great location of East Medford close to shopping, the hospital, and restaurants. Nicely updated 2 bedroom/ 1 bath units both with fenced back yards. New laminate flooring, new vinyl, updated paint and kitchens. New roof 5 years ago. This duplex is really in great shape! Off Street parking and possible small RV parking on one of the units. Makes a great rental and could be a great home for a first time home buyer looking to supplement their mortgage with one side rented out! Excellent rental history with long term tenants in each unit and both want to stay. Great rents but could be higher for this area.

Last Agent to Sell the Property

Jake Rockwell

eXp Realty, LLC License #201207277 Listed on: 10/09/2014

eXp Realty, LLC

Last Buyer's Agent

Jacob Rockwell

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1972

Lot Details

  • 7,405

Home Design

  • Duplex
  • Frame Construction

Schools

  • Hoover Elementary School
  • Hedrick Middle School

Listing and Financial Details

  • Assessor Parcel Number 10023998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,744

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Take Barnett. Right on Murphy. Corner of Murphy and Alameda.
  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1972
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information Elementary School: Hoover Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information:Zoning2: SFR-10
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Construction Materials:Frame: Yes

Schools

  • Elementary School: Hoover Elem
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Parcel #: 10023998
  • Zoning Description: SFR-10

Tax Info

  • Tax Annual Amount: 1744.05
  • Tax Year: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2014
Closed on
Jan 7, 2015
Sold by
Pollard Kenneth G
Bought by
Steiner Donald
Seller's Agent
Jake Rockwell
eXp Realty, LLC
Buyer's Agent
Jake Rockwell
eXp Realty, LLC
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Current Estimated Value
$408,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,884
Avg. Annual Appreciation
7.21%

Purchase Details

Listed on
Mar 19, 2013
Closed on
May 21, 2013
Sold by
Vedovatti Susan
Bought by
Pollard Kenneth G
Seller's Agent
John Sellers
eXp Realty, LLC
Buyer's Agent
Vic Nicolescu
The Alba Group
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$120,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2003
Sold by
Lucia Gregory V and Lucia Kyra M
Bought by
Vedovatti Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1999
Sold by
Thye Martha A
Bought by
Lane Kyra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,781
Interest Rate
7.64%
Mortgage Type
FHA
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
Steiner Donald $195,000 Amerititle
Pollard Kenneth G $160,000 Amerititle
Vedovatti Susan $176,000 Amerititle
Lane Kyra M $113,000 Crater Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pollard Kenneth G $120,000
Previous Owner Vedovatti Susan $20,000
Previous Owner Vedovatti Susan $167,200
Previous Owner Lane Kyra M $112,781
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2015 01/09/15 Sold $195,000 -13.3% $106 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $225,000 +40.6% $122 / Sq Ft
06/07/2013 06/07/13 Sold $160,000 -3.0% $87 / Sq Ft
02/17/2013 02/17/13 Pending -- -- --
01/30/2013 01/30/13 For Sale $165,000 -- $89 / 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 $2,362 $162,570 $73,770 $88,800
2024 $2,362 $157,840 $71,620 $86,220
2023 $2,288 $153,250 $69,540 $83,710
2022 $2,228 $153,250 $69,540 $83,710
2021 $2,176 $148,790 $67,520 $81,270
2020 $2,114 $144,460 $65,560 $78,900
2019 $2,059 $136,180 $61,790 $74,390
2018 $1,999 $132,220 $60,000 $72,220
2017 $1,884 $132,220 $60,000 $72,220
2016 $1,887 $124,640 $56,550 $68,090
2015 $1,814 $124,640 $56,550 $68,090
2014 $1,744 $117,490 $53,310 $64,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102951037

Oregon Datashare

APN: 10023998