NOT LISTED FOR SALE

2665 Paloma Ave Medford, OR 97504

Estimated Value: $726,000 - $745,000

8 Beds
8 Baths
3,664 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $730,000 $199 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,141/month

23 Days on Market

Highlights

  • No Units Above
  • Craftsman Architecture
  • Territorial View
  • Open Floorplan
  • Deck
  • Granite Countertops

About This Home

As of October 2024

Stunning 4-plex in super desirable area. The 4 units all have 2 bedrooms, 2 full bathrooms, open kitchen/living area, patios/balconies with storage closets and dedicated parking spaces. The Master suites all have private bathrooms. Recent updates include: Laminate flooring, 4 new HVAC systems. 1 unit has a brand new kitchen- cabinets, countertops, appliances.

Last Listed By

Adam Rutledge

eXp Realty, LLC License #201007081 Listed on: 09/18/2024

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,915

Year Built

  • Built in 2003

Lot Details

  • 9,583 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • No Units Located Below
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers

HOA Fees

  • $532 Monthly HOA Fees

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Territorial Views

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Linen Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • No Garage
  • Shared Driveway
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Skycreek Estates Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions, covenants

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Assessor Parcel Number 10969392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,915

Year Built

Built in 2003

Lot Details

0

HOA Fees

$532 per month

Listing Details

  • Architectural Style: Craftsman
  • Directions: Crater Lake Ave to Skypark Dr. RT on Paloma, Property will be on your RT
  • Unit Levels: Two
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: Skycreek Estates Subdivision
  • Year Built: 2003
  • Co List Office Mls Id: orEXP5
  • Co List Office Phone: 888-814-9613
  • Co List Office Phone: 888-814-9613
  • Outside Inclusions: 4 R/O, 4 fridges, 4 Wash/dry sets
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: Mfr-20
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Architectural Style Craftsman: Yes
  • Utilities Cable Connected: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Fiberglass Stall Shower, Granite Counters, Laminate Counters, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Common Walls: No Common Walls, No One Above, No One Below
  • Construction Type: Concrete, Frame
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter, Stemwall
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Roof: Composition
  • View: Territorial
  • Exclusions: Tenants Personal Property
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Exterior Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Parking Features: Assigned, Driveway, No Garage, On Street, Shared Driveway, Parking Lot
  • Attached Garage: No
  • Parking Features:Driveway: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public, Water Meter
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Landscaping
  • Association Fee: 532.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 532.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Landscaping: Yes

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 9583.2
  • Parcel #: 10969392
  • ResoLotSizeUnits: Acres
  • Zoning Description: Mfr-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5915.33
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 28, 2024
Sold by
Patricia Carter Revocable Trust and Carter Robert H
Bought by
Matthews Elijah and Matthews Kelly
Seller's Agent
Adam Rutledge
eXp Realty, LLC
Buyer's Agent
Jason Foster
eXp Realty, LLC
List Price
$745,000
Sold Price
$730,000
Premium/Discount to List
-$15,000
-2.01%
Total Days on Market
23
Views
1
Current Estimated Value
$735,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,943
Avg. Annual Appreciation
1.63%
Original Mortgage
$511,000
Outstanding Balance
$508,527
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$227,416

Purchase Details

Closed on
May 19, 2020
Sold by
Vargas Patricia and Vargas Douglas
Bought by
Carter Patricia and He Patricia Carter

Purchase Details

Closed on
Aug 5, 2013
Sold by
Varga Douglas and Vargas Patricia
Bought by
Vargas Patricia and The Douglas & Patricia Vargas Revocable

Purchase Details

Closed on
Jun 12, 2012
Sold by
Vargas Douglas and Vargas Patricia
Bought by
Vargas Douglas and Vargas Patricia

Purchase Details

Closed on
Nov 12, 2003
Sold by
Ross Homes Inc
Bought by
Vargas Douglas J and Vargas Patricia S

Purchase Details

Closed on
Jan 21, 2003
Sold by
Chavez Tom and Chavez Sandra Clark
Bought by
Ross Homes Inc and Siskiyou Capital Investments Inc

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
Matthews Elijah $730,000 Ticor Title
Carter Patricia -- None Available
Vargas Patricia -- None Available
Vargas Douglas -- None Available
Vargas Douglas J $357,900 Lawyers Title Insurance Corp
Ross Homes Inc $65,000 Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Elijah $511,000
Previous Owner Vargas Patricia $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $730,000 -2.0% $199 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $745,000 0.0% $203 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $745,000 -- $203 / 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 $6,102 $408,520 $105,610 $302,910
2023 $5,915 $396,630 $102,530 $294,100
2022 $5,771 $396,630 $102,530 $294,100
2021 $5,622 $385,080 $99,540 $285,540
2020 $5,503 $373,870 $96,650 $277,220
2019 $5,373 $352,420 $91,110 $261,310
2018 $5,235 $342,160 $88,450 $253,710
2017 $5,141 $342,160 $88,450 $253,710
2016 $5,175 $322,530 $83,370 $239,160
2015 $4,974 $322,530 $83,370 $239,160
2014 $4,886 $304,020 $78,580 $225,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 220188916

Southern Oregon MLS

APN: 10969392