1164 Woodrow Ln Medford, OR 97504
Estimated payment $17,585/month
Highlights
- Newly Remodeled
- Mountain View
- Double Pane Windows
- Open Floorplan
- Stone Countertops
- Walk-In Closet
About This Home
Incredibly rare investment opportunity! There is a total of 9 homes each on their own taxlot! This is a cottage cluster development- you buy them all & then have the choice to sell them off individually later if you choose or hold onto them & have massive income potential. Each home offers 3 bedrooms & 2 full bathrooms & located within walking distance to the hospital, restaurants and shopping. One home will be fully remodeled & the other 8 homes will be brand new w/ construction due to be completed in June! Perfect time to get them all rented out before school starts. Homes will have LVP flooring, quartz countertops, stainless steel appliances, & mini splits for heating/cooling. The potential ROI on this development is truly amazing. This location & quality of these homes would be the perfect find for traveling nurses, VRBOs or individual rentals close to everything including public transportation, medical & schools. Don't miss out!!
Co-Listing Agent
John L. Scott Medford Brokerage Phone: 541-890-8714 License #201218147
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,616
Year Built
- Built in 1967 | Newly Remodeled
Lot Details
- 0.44 Acre Lot
- No Common Walls
- Fenced
- Landscaped
HOA Fees
- $540 Monthly HOA Fees
Parking
- No Garage
Home Design
- Home is estimated to be completed on 6/30/25
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Open Floorplan
- Double Pane Windows
- Vinyl Clad Windows
- Mountain Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- Walk-In Closet
- Bathtub with Shower
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Wilson Elementary School
- Hedrick Middle School
- North Medford High School
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Water Heater
Community Details
- 9 Units
- Built by River Lane Homes Inc
- On-Site Maintenance
- Maintained Community
Listing and Financial Details
- Assessor Parcel Number 10327140
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 | $3,616 | $242,070 | $108,880 | $133,190 |
| 2023 | $2,564 | $201,670 | $87,010 | $114,660 |
| 2022 | $2,550 | $201,670 | $87,010 | $114,660 |
| 2021 | $2,437 | $195,800 | $84,480 | $111,320 |
| 2020 | $2,385 | $190,100 | $82,020 | $108,080 |
| 2019 | $2,387 | $179,200 | $77,330 | $101,870 |
| 2018 | $2,269 | $173,990 | $75,090 | $98,900 |
| 2017 | $2,614 | $173,990 | $75,090 | $98,900 |
| 2016 | $2,631 | $164,010 | $70,780 | $93,230 |
| 2015 | $2,529 | $164,010 | $70,780 | $93,230 |
| 2014 | $2,485 | $154,610 | $66,720 | $87,890 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | For Sale | $3,000,000 | +782.4% | $283 / Sq Ft |
| 03/08/2024 03/08/24 | Sold | $340,000 | -4.8% | $184 / Sq Ft |
| 01/25/2024 01/25/24 | Pending | -- | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $357,000 | +19.8% | $193 / Sq Ft |
| 07/20/2018 07/20/18 | Sold | $298,000 | -3.9% | $161 / Sq Ft |
| 06/04/2018 06/04/18 | Pending | -- | -- | -- |
| 02/22/2018 02/22/18 | For Sale | $310,000 | -- | $168 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $355,000 | First American Title | |
| Warranty Deed | $355,000 | First American Title | |
| Warranty Deed | $340,000 | First American Title | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | First American | |
| Warranty Deed | $298,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | Amerititle |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,000 | New Conventional | |
| Previous Owner | $294,895 | New Conventional | |
| Previous Owner | $298,000 | VA | |
| Previous Owner | $65,229 | VA | |
| Previous Owner | $20,000 | Credit Line Revolving |
Source: Southern Oregon MLS
MLS Number: 220197460
APN: 10327140
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