1036 W 12th St Medford, OR 97501
Washington NeighborhoodEstimated payment $2,307/month
Highlights
- Territorial View
- Storage
- Wood Siding
- Detached Garage
- Level Lot
- Wall Furnace
About This Home
Welcome to 1036 W 12th Street, located in a pleasant pocket of West Medford! The property presents the unique opportunity of two separate homes on one parcel without shared walls, as well as a vacant unit at closing. Well-located for the area, West 12th Street is a peaceful and established neighborhood in West Medford with old-growth tree-lined sidewalks and a nice mix of rentals and owner-occupied homes. Built in 1942 and 1979 (Units B & A, respectively), the units are both 2-bedroom / 1-bathroom layouts with efficient floorplans. Both units are well-maintained and have recent updates, with Unit B being freshly remodeled. The front unit (''A'') has a dedicated detached, 1-car garage, while the rear unit (''B'') has private alley-accessed parking. Overall, the property provides an exceptional opportunity, especially for an owner-occupant looking to enjoy additional income and subsidize your mortgage payment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,563
Year Built
- Built in 1979
Lot Details
- Level Lot
Home Design
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- Storage
- Territorial Views
- Crawl Space
Parking
- Detached Garage
- Open Parking
Schools
- Washington Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- No Cooling
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 10411655
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $7,560
- Gross Income $21,600
- Net Operating Income $14,040
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2024 | $2,710 | $181,450 | $50,240 | $131,210 |
2023 | $2,627 | $176,170 | $48,780 | $127,390 |
2022 | $2,563 | $176,170 | $48,780 | $127,390 |
2021 | $2,497 | $171,040 | $47,360 | $123,680 |
2020 | $2,444 | $166,060 | $45,980 | $120,080 |
2019 | $2,387 | $156,540 | $43,330 | $113,210 |
2018 | $2,326 | $151,990 | $42,080 | $109,910 |
2017 | $2,284 | $151,990 | $42,080 | $109,910 |
2016 | $2,299 | $143,280 | $39,660 | $103,620 |
2015 | $2,210 | $143,280 | $39,660 | $103,620 |
2014 | $2,133 | $133,350 | $57,020 | $76,330 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/20/2023 12/20/23 | Pending | -- | -- | -- |
10/05/2023 10/05/23 | For Sale | $375,000 | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $88,243 | Closed End Mortgage | |
Closed | $120,229 | Fannie Mae Freddie Mac |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23176415

APN: 10411655
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