NOT LISTED FOR SALE

1521 Terrace Dr Medford, OR 97504

Estimated Value: $362,000 - $383,000

3 Beds
2 Baths
1,188 Sq Ft
$316/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $380,000 $320 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,320/month

19 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Attached Garage
  • Wood Flooring
  • Neighborhood Views
  • Eat-In Kitchen

About This Home

As of November 2024

Charming East Medford Home In A Quiet Neighborhood! Step into this cozy and bright home that offers a fireplace and a large bay window that allows tons of natural light. This home has 3 bedrooms, 2 bathrooms, updated master shower, large laundry off of the kitchen, plenty of storage, updated windows throughout. The large backyard features mature trees, fire pit area, child's play structure, and plenty of room for entertaining, wiring for a hot tub is in place, backyard sprinkler system.

Last Listed By

Sarah Bowers

Top Agents Real Estate Company License #201218453 Listed on: 10/26/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1951

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Landscaped
  • Backyard Sprinklers
  • Property is zoned SFR - 6, SFR - 6

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Living Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Fire Pit

Schools

  • Roosevelt Elementary School
  • Hedrick Middle School
  • South Medford High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10355687

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Prop. Type: Residential
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Subdivision Name: N/A
  • Year Built: 1951
  • Co List Office Phone: 541-227-6288
  • Outside Inclusions: Fridge, Range, Dishwasher, Hot Water Heater
  • MLS Status: Closed
  • General Property Information:Zoning2: SFR - 6
  • General Property Information Senior Community YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring:Tile: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Rooms:Kitchen: Yes
  • Rooms:Laundry: Yes
  • Rooms:Living Room2: Yes
  • Architectural Style Traditional: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator, Water Heater
  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Pantry, Primary Downstairs, Shower/Tub Combo, Tile Shower, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Fireplace: Yes
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Frame
  • Exterior Features: Fire Pit, Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced, Landscaped, Sprinklers In Rear
  • Roof: Composition
  • View: Neighborhood
  • Horse: No
  • Lot Features:Fenced: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Fire Pit: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, On Street
  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Roosevelt Elem
  • High School: South Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 10355687
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR - 6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2639.63
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Nov 26, 2024
Sold by
Monasmith Jared Lee and Monasmith Nancy Leigh
Bought by
Robinson Taylor K and Steffes-Carlson Kasmir
Seller's Agent
Sarah Bowers
Top Agents Real Estate Company
Buyer's Agent
Dallin George
Home Quest Realty
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Total Days on Market
19
Views
8
Current Estimated Value
$375,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,880
Avg. Annual Appreciation
-3.18%

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 9, 2022
Sold by
Storment Tami L
Bought by
Monasmith Jared Lee and Monasmith Nancy Leigh
Seller's Agent
Cindy Fuerstenberg
eXp Realty, LLC
Buyer's Agent
May Kamps
eXp Realty, LLC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$343,660
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2008
Sold by
Faith Robert M and Faith Lacey L
Bought by
Storment Tami L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,785
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2002
Sold by
Fricke Chad E and Dekraai Fricke Shawn
Bought by
Kosner James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,050
Interest Rate
6.7%

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
Robinson Taylor K $380,000 First American Title
Robinson Taylor K $380,000 First American Title
Monasmith Jared Lee $350,000 Ticor Title
Storment Tami L $170,000 First American Title
Kosner James R $127,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monasmith Jared Lee $343,660
Previous Owner Storment Tami L $50,000
Previous Owner Storment Tami L $191,244
Previous Owner Storment Tami L $157,294
Previous Owner Storment Tami L $167,785
Previous Owner Faith Robert M $48,000
Previous Owner Kosner James R $25,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $380,000 -1.3% $320 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $385,000 0.0% $324 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $385,000 +10.0% $324 / Sq Ft
02/10/2022 02/10/22 Sold $350,000 0.0% $328 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $350,000 -- $328 / Sq Ft
Source: Southern Oregon MLS

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
2024 $2,723 $182,290 $87,070 $95,220
2023 $2,640 $181,840 $84,540 $97,300
2022 $2,400 $164,950 $84,540 $80,410
2021 $2,338 $160,150 $82,080 $78,070
2020 $2,289 $155,490 $79,690 $75,800
2019 $2,235 $146,580 $75,130 $71,450
2018 $2,178 $142,320 $72,950 $69,370
2017 $2,138 $142,320 $72,950 $69,370
2016 $2,152 $134,160 $68,760 $65,400
2015 $2,069 $134,160 $68,760 $65,400
2014 $2,033 $126,470 $64,800 $61,670
Source: Public Records

Agents Affiliated with this Home

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Source: Southern Oregon MLS

MLS Number: 220191232

Southern Oregon MLS

APN: 10355687