2707 Springbrook Rd Unit 1800 Medford, OR 97504
8
Acres
$305,344
Price per Acre
342,382
Sq Ft Lot
About This Lot
As of March 2025Rare opportunity for a builder to acquire a high-density multi-family development located within an infill location in one of the most desirable parts of Medford. Entitlements have been completed and approved for a 168 unit apartment complex. Property is situated next to a public park and Kennedy Elementary School, offering convenient access to both recreational and educational facilities, ensuring a desirable living environment close to essential amenities. There is a significant undersupply of housing within the Rouge Valley which will further enhance the end value. No comparable opportunities are available in terms of size and location. This is the last parcel available in this area. Contact listing broker for all questions and a complete info package.
Last Buyer's Agent
Non ODS Realtor
No Office
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,422
Lot Details
- 7.86 Acre Lot
- Perimeter Fence
- Corner Lot
- Level Lot
- Additional Parcels
- Property is zoned MFR-20, MFR-20
Schools
- Kennedy Elementary School
- Hedrick Middle School
- North Medford High School
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10314511
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | Sold | $2,400,000 | -33.3% | -- |
| 03/06/2025 03/06/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | For Sale | $3,600,000 | 0.0% | -- |
| 11/07/2024 11/07/24 | Pending | -- | -- | -- |
| 08/31/2024 08/31/24 | For Sale | $3,600,000 | -- | -- |
Source: Southern Oregon MLS
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 | $5,442 | $364,340 | $364,340 | -- |
| 2023 | $5,276 | $353,730 | $353,730 | $0 |
| 2022 | $5,147 | $353,730 | $353,730 | $0 |
| 2021 | $5,014 | $343,430 | $343,430 | $0 |
| 2020 | $4,908 | $333,430 | $333,430 | $0 |
| 2019 | $4,792 | $314,300 | $314,300 | $0 |
| 2018 | $4,669 | $305,150 | $305,150 | $0 |
| 2017 | $4,585 | $305,150 | $305,150 | $0 |
| 2016 | $4,615 | $287,650 | $287,650 | $0 |
| 2015 | $4,436 | $287,650 | $287,650 | $0 |
| 2014 | $4,358 | $271,150 | $271,150 | $0 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $422,000 | Unknown | |
| Previous Owner | $250,000 | Commercial |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | Amerititle | |
| Warranty Deed | $2,000,000 | Ticor Title | |
| Bargain Sale Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Similar Property in Medford, OR
Source: Southern Oregon MLS
MLS Number: 220189167
APN: 10314511
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