Estimated payment $7,765/month
Prime 6.97-acre parcel with potential opportunity for MFR-15 zoning allowing 10-15 units/acre. Truly a beautiful piece of land, this stunning property offers panoramic views across the valley to the west with breathtaking sunsets. Surrounded by upscale custom homes in the desirable Hillcrest/Cherry Lane area. Perfect for multifamily or residential development, it provides flexibility to build on a single tax lot (no need to split-multifamily can be built on 1 tax lot) or split into multiple lots. Annexed into the city in 2008, it's a part of the SE Medford plan for medium-to-high density housing, making it a rare opportunity with incredible development potential. Conveniently located in a lovely neighborhood, this site combines beauty and functionality for your next project. Buyer to perform own due diligence with the City of Medford. All information is deemed reliable but not guaranteed. Buyer to do all of their own due diligence to verify all information.
Property Type
Est. Annual Taxes
Lot Details
Property Views
Schools
Farming
Community Details
Listing and Financial Details
| 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 | $2,758 | $183,400 | $183,400 | -- |
| 2023 | $2,674 | $178,060 | $178,060 | $0 |
| 2022 | $2,591 | $178,060 | $178,060 | $0 |
| 2021 | $2,524 | $172,880 | $172,880 | $0 |
| 2020 | $2,471 | $167,850 | $167,850 | $0 |
| 2019 | $2,412 | $158,230 | $158,230 | $0 |
| 2018 | $2,351 | $153,630 | $153,630 | $0 |
| 2017 | $2,308 | $153,630 | $153,630 | $0 |
| 2016 | $2,323 | $144,820 | $144,820 | $0 |
| 2015 | $2,233 | $144,820 | $144,820 | $0 |
| 2014 | -- | $136,520 | $136,520 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | For Sale | $1,350,000 | +409.4% | -- |
| 11/08/2012 11/08/12 | Sold | $265,000 | -11.7% | -- |
| 10/29/2012 10/29/12 | Pending | -- | -- | -- |
| 05/15/2012 05/15/12 | For Sale | $300,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $265,000 | Ticor Title | |
| Bargain Sale Deed | -- | Ticor Title | |
| Bargain Sale Deed | -- | Lawyers Title Ins | |
| Warranty Deed | $950,000 | Lawyers Title Insurance Corp | |
| Warranty Deed | $450,000 | Lawyers Title Ins |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $1,180,000 | Credit Line Revolving | |
| Previous Owner | $1,067,000 | Unknown | |
| Previous Owner | $300,000 | Unknown |
Patie Millen has been an industry leader in Southern Oregon since 1994 and is recognized as one of Oregon’s most productive brokers. The Millen Property Group is well known for their vanguard service, resolute capability and the many positive and professional relationships with buyers and sellers cultivated over the years.
Patie has sold over 1000 homes in Southern Oregon. With this breadth of experience she knows the solutions and strategies for your situation. Reach out to discuss how
$529,900
Beautiful single level fully landscaped home, newly built in Spring 2024, with modern design and thoughtful details. Special features include the Cali Plan with 4 bedrooms and a 3-car garage. The attractive, stone-clad exterior leads to the expansive open floor plan with spacious main living areas, a sleek gas fireplace, flowing seamlessly into the open dining room and the chef's kitchen equipped
Patie Millen Millen Property Group
Source: Southern Oregon MLS
MLS Number: 220193799
APN: 10721991
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