2154 Crater Lake Ave Medford, OR 97504
Highlights
- Deck
- Traditional Architecture
- Cooling Available
- Territorial View
- Double Pane Windows
- Landscaped
About This Home
As of March 2025This well-maintained fourplex offers an excellent opportunity for investors seeking reliable rental income. Each unit features 2 bedrooms and 2 bathrooms, providing comfortable living spaces for tenants. Notable features include newer hot water heaters, private decks in the upper units, patios in the lower two, and a strong rental history. Conveniently located close to amenities, this property combines practicality, with long term income potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,758
Year Built
- Built in 2005
Lot Details
- 3,920 Sq Ft Lot
- No Common Walls
- Landscaped
- Level Lot
HOA Fees
- $390 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Quadruplex
- Traditional Architecture
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Double Pane Windows
- Territorial Views
- Fire and Smoke Detector
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Vinyl
Outdoor Features
- Deck
Schools
- Kennedy Elementary School
- Hedrick Middle School
- North Medford High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Cable TV Available
Community Details
- 4 Units
- Birch Gardens Phase 2&3 Subdivision
- On-Site Maintenance
- Maintained Community
Listing and Financial Details
- Assessor Parcel Number 10982242
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Sold | $694,000 | +0.7% | $181 / Sq Ft |
| 02/21/2025 02/21/25 | For Sale | $689,000 | -0.7% | $179 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | Off Market | $694,000 | -- | -- |
| 01/28/2025 01/28/25 | Price Changed | $689,000 | -1.3% | $179 / Sq Ft |
| 01/16/2025 01/16/25 | Price Changed | $698,000 | -3.1% | $182 / Sq Ft |
| 01/10/2025 01/10/25 | Price Changed | $720,000 | -2.0% | $187 / Sq Ft |
| 12/22/2024 12/22/24 | Price Changed | $735,000 | 0.0% | $191 / Sq Ft |
| 12/22/2024 12/22/24 | For Sale | $735,000 | -0.7% | $191 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/22/2024 11/22/24 | Price Changed | $740,000 | -1.1% | $193 / Sq Ft |
| 11/13/2024 11/13/24 | Price Changed | $748,000 | -0.9% | $195 / Sq Ft |
| 11/08/2024 11/08/24 | Price Changed | $755,000 | -1.3% | $196 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $765,000 | -3.8% | $199 / Sq Ft |
| 10/07/2024 10/07/24 | For Sale | $795,000 | +64.8% | $207 / Sq Ft |
| 12/10/2018 12/10/18 | Sold | $482,500 | -16.1% | $126 / Sq Ft |
| 11/07/2018 11/07/18 | Pending | -- | -- | -- |
| 09/25/2018 09/25/18 | For Sale | $575,000 | +30.7% | $150 / Sq Ft |
| 05/11/2018 05/11/18 | Sold | $440,000 | -22.8% | $114 / Sq Ft |
| 03/23/2018 03/23/18 | Pending | -- | -- | -- |
| 06/02/2017 06/02/17 | For Sale | $570,000 | -- | $148 / Sq Ft |
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 | $4,758 | $318,550 | $105,560 | $212,990 |
| 2023 | $4,613 | $309,280 | $102,480 | $206,800 |
| 2022 | $4,500 | $309,280 | $102,480 | $206,800 |
| 2021 | $4,384 | $300,280 | $99,490 | $200,790 |
| 2020 | $4,291 | $291,540 | $96,590 | $194,950 |
| 2019 | $4,190 | $274,810 | $91,040 | $183,770 |
| 2018 | $4,082 | $266,810 | $88,390 | $178,420 |
| 2017 | $4,009 | $266,810 | $88,390 | $178,420 |
| 2016 | $4,035 | $251,500 | $83,310 | $168,190 |
| 2015 | $3,878 | $251,500 | $83,310 | $168,190 |
| 2014 | $3,810 | $237,070 | $78,530 | $158,540 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $659,300 | New Conventional | |
| Previous Owner | $365,250 | New Conventional | |
| Previous Owner | $300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $236,200 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $348,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $290,000 | No Value Available |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $694,000 | Ticor Title | |
| Warranty Deed | $440,000 | Amerititle | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $448,000 | Amerititle | |
| Warranty Deed | $290,000 | Jackson County Title |
Source: Southern Oregon MLS
MLS Number: 220191029
APN: 10982242
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