NOT LISTED FOR SALE

Medford, OR 97501

Washington Neighborhood

Estimated Value: $267,755 - $296,000

3 Beds
1 Bath
1,192 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $104,000 $87 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,681/month

82 Days on Market

About This Home

As of May 2012

An adorable well-kept cottage with separate studio apartment makes this a great Investment Property or easy buy for first time buyers! Both units have been remodeled. This 3 Bedroom, 1 bath home is light and bright. The main house is 912 SF and the studio with a kitchenette and bath is 280 SF. A breezeway connects the two units. The studio apartment rents for $425.

Last Agent to Sell the Property

Patrick Iler

Patrick Iler Real Estate License #940200141 Listed on: 01/18/2012

Last Buyer's Agent

Diane Whisman

Ramsay Realty Branch License #890800132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1929

Lot Details

  • 5,227

Home Design

  • Frame Construction
  • Composition Roof

Schools

  • Washington Elementary School
  • Mcloughlin Middle School

Additional Features

  • 1-Story Property
  • 5,227 Sq Ft Lot
  • Wall Furnace

Community Details

  • 2 Units
  • Gross Income $14,580

Listing and Financial Details

  • Assessor Parcel Number 10410162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,455

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Directions: Eighth or Main to South on Hamilton to left on 9th to property on right.
  • Unit Levels: One
  • Lot Size Acres: 0.12
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1929
  • Total Gross Income: 14580.0
  • Co List Office Phone: 541-500-1859
  • Outside Inclusions: Refrigerator, Range/Oven
  • MLS Status: Closed
  • General Property Information Elementary School: Washington Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Exclusions: None
  • Construction Materials:Frame: Yes

Utilities

  • Heating: Electric, Wall Furnace, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Schools

  • Elementary School: Washington Elem
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Lot Size Sq Ft: 5227.2
  • Parcel #: 10410162
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1455.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2012
Closed on
May 23, 2012
Sold by
Hersey Suellen D and Suellen D Hersey Living Trust
Bought by
Scott Roger W
Seller's Agent
Patrick Iler
Patrick Iler Real Estate
Buyer's Agent
Diane Whisman
Ramsay Realty Branch
List Price
$128,500
Sold Price
$104,000
Premium/Discount to List
-$24,500
-19.07%
Current Estimated Value
$285,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,689
Avg. Annual Appreciation
7.86%
Original Mortgage
$78,000
Outstanding Balance
$54,680
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$230,438

Purchase Details

Closed on
May 26, 2010
Sold by
Hersey Suellen D
Bought by
Hersey Suellen D and Suellen D Hersey Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 13, 2009
Sold by
Kelley Heather R
Bought by
Hersey Suellen D and The Suellen D Hersey Living Tr

Purchase Details

Closed on
Oct 27, 2006
Sold by
Langford Carolyn J
Bought by
Kelley Heather R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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
Scott Roger W $104,000 First American
Hersey Suellen D -- None Available
Hersey Suellen D -- None Available
Hersey Suellen D $110,000 Amerititle
Kelley Heather R $190,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Roger W $78,000
Previous Owner Hersey Suellen D $50,000
Previous Owner Kelley Heather R $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2012 05/25/12 Sold $104,000 -19.1% $87 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $128,500 -- $108 / 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 $2,062 $142,210 $83,330 $58,880
2024 $2,062 $138,070 $55,570 $82,500
2023 $1,999 $134,050 $53,960 $80,090
2022 $1,951 $134,050 $53,960 $80,090
2021 $1,900 $130,150 $52,390 $77,760
2020 $1,860 $126,360 $50,870 $75,490
2019 $1,816 $119,110 $47,940 $71,170
2018 $1,770 $115,650 $46,550 $69,100
2017 $1,738 $115,650 $46,550 $69,100
2016 $1,749 $109,020 $43,890 $65,130
2015 $1,681 $109,020 $43,890 $65,130
2014 $1,652 $102,770 $41,360 $61,410
Source: Public Records

Agents Affiliated with this Home

  • Patrick Iler

    Seller's Agent in 2012

    Patrick Iler

    Patrick Iler Real Estate

    (541) 245-4537

    2 in this area

    45 Total Sales

    Patrick Iler
    Section Image

  • D

    Buyer's Agent in 2012

    Diane Whisman

    Ramsay Realty Branch

See All Agents

Source: Oregon Datashare

MLS Number: 102927667

Oregon Datashare

APN: 10410162

Oregon Jackson County Medford 97501

Washington

This home since 18 January 2012 and is currently estimated at $285,689, approximately $239 per square foot. This property was built in 1929. This home is a home located in Jackson County with nearby schools including Washington Elementary School, McLoughlin Middle School, and South Medford High School.

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