4900 Cherry Ln Medford, OR 97504
Estimated payment $20,437/month
Highlights
- City View
- 36.8 Acre Lot
- No Heating
- Hoover Elementary School Rated 10
- No HOA
About This Lot
Great development / investment property with fantastic views. Located in a desirable and sought after area of Medford right next to newer upscale subdivisions and just down the road from the Rogue Valley Country Club. It is split between lower density development (up to 6 homes per acre), and higher density (up to 10 homes per acre). These mixed subdivisions have been very successful in the area and allow for some larger upscale homes and some smaller more affordable homes to be built. The adjacent subdivision has already brought the sewer close by and according to the city it should be easy and low cost for this development to connect. The county has the real market value at over $6 million. This is a great deal on some of the best development land in Medford. Develop it now or just put it in your portfolio and watch the value grow as the surrounding land is developed!
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,476
Year Built
- 1940
Lot Details
- 36.8 Acre Lot
- Property is zoned Res.Dev
Property Views
- City
- Mountain
- Valley
Schools
- Hoover Elementary School
- Hedrick Middle School
- South Medford High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10425328
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 | $7,476 | $497,840 | $497,840 | -- |
| 2022 | $7,033 | $483,340 | $483,340 | -- |
| 2021 | $7,033 | $469,270 | $469,270 | $0 |
| 2020 | $6,851 | $455,610 | $455,610 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2025 01/20/25 | For Sale | $3,550,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $800,000 | First American Title Ins | |
| Deed | -- | Fa |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $475,000 | Unknown |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 302483253
APN: 10425328
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
- 4530 Cherry Ln
- 4542 Aerial Heights Dr
- 5150 Aerial Heights Dr
- 0 Cherry Ln Unit 220193290
- 0 Cherry Ln Unit 220179075
- 4935 Cherry Ln
- 4955 Cherry Ln
- 521 Waterstone Dr
- 4137 Shamrock Dr
- 138 Monterey Dr
- 5111 Cherry Ln
- 107 Monterey Dr
- 0 San Marcos Dr Unit Tax Lot 3300
- 4112 Piedmont Terrace
- 4690 Hathaway Dr
- 4663 Hathaway Dr
- 4691 Hathaway Dr
- 4719 Hathaway Dr
- 4101 Piedmont Terrace
- 4406 San Juan Dr