NOT LISTED FOR SALE

515 Effie St Medford, OR 97504

Laurelhurst Neighborhood

Estimated Value: $324,000 - $386,000

4 Beds
3 Baths
1,872 Sq Ft
$184/Sq Ft Est. Value

Last Sold December 03, 2024

Last sale price $325,000 $174 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,166/month

10 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • Carpet
  • Neighborhood Views
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Discover an exceptional investment opportunity in East Medford with this well-maintained duplex, currently home to long-term tenants. Each thoughtfully designed unit offers a spacious 2-story townhome layout, featuring 2 bedrooms, 1.5 bathrooms, and a comfortable living room with an adjoining eating area. The practical design includes in-kitchen laundry facilities and a 1-car garage with additional storage space, ensuring convenience for residents. Alley access adds an extra layer of privacy and ease. Situated in a prime location, this property is just moments away from shopping centers, schools, and efficient transportation links. With its stable occupancy and desirable features, this duplex presents an attractive option for investors seeking a turnkey rental property in a thriving area. Contact for more information or to schedule a showing.

Last Listed By

Cheryl Faria

Windermere Van Vleet & Assoc2 Brokerage Phone: 541-292-2900 License #200102218 Listed on: 09/16/2024

Windermere Van Vleet & Assoc2

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 1972

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Neighborhood Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • On-Street Parking

Schools

  • Roosevelt Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

  • Forced Air Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Laurelhurst Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10331781

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,797

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: Stevens to Effie
  • Unit Levels: Two
  • Lot Size Acres: 0.11
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Subdivision Name: Laurelhurst Addition
  • Year Built: 1972
  • Attribution Contact: 541-292-2900
  • Co List Office Phone: 541-779-6520
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: Sfr-10
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Cooling:Central Air: Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: Detached, On Street
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Parking Features:On Street: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Roosevelt Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 10331781
  • ResoLotSizeUnits: Acres
  • Zoning Description: Sfr-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2796.69
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Dec 2, 2024
Sold by
Gary Douglas Eakin Living Trust and Bogren Elizabeth Virginia
Bought by
Murdoch Paul
Seller's Agent
Cheryl Faria
Windermere Van Vleet & Assoc2
Buyer's Agent
Steve Thomas
eXp Realty, LLC
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Total Days on Market
10
Views
33
Current Estimated Value
$345,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,074
Avg. Annual Appreciation
16.91%
Original Mortgage
$308,750
Outstanding Balance
$308,184
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$37,232

Purchase Details

Closed on
Jan 23, 2024
Sold by
Eakin Gary Douglas
Bought by
Gary Douglas Eakin Living Trust and Eakin

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Murdoch Paul $325,000 Ticor Title
Murdoch Paul $325,000 Ticor Title
Gary Douglas Eakin Living Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murdoch Paul $308,750
Closed Murdoch Paul $308,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $325,000 -3.0% $174 / Sq Ft
09/26/2024 09/26/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $335,000 -- $179 / 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 $2,885 $193,140 $105,900 $87,240
2023 $2,797 $187,520 $102,820 $84,700
2022 $2,728 $187,520 $102,820 $84,700
2021 $2,658 $182,060 $99,830 $82,230
2020 $2,602 $176,760 $96,920 $79,840
2019 $2,540 $166,630 $91,360 $75,270
2018 $2,475 $161,780 $88,700 $73,080
2017 $2,431 $161,780 $88,700 $73,080
2016 $2,447 $152,500 $83,600 $68,900
2015 $2,352 $152,500 $83,600 $68,900
2014 $2,310 $143,750 $78,800 $64,950
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Faria

    Seller's Agent in 2024

    Cheryl Faria

    Windermere Van Vleet & Assoc2

    (541) 292-2900

    2 in this area

    37 Total Sales

    Cheryl Faria
    Section Image
  • Steve Thomas

    Buyer's Agent in 2024

    Steve Thomas

    eXp Realty, LLC

    (541) 941-9844

    4 in this area

    476 Total Sales

    Steve Thomas
    Section Image
See All Agents

Map

Source: Southern Oregon MLS

MLS Number: 220189919

Southern Oregon MLS

APN: 10331781

Oregon Jackson County Medford 97504 Laurelhurst

515 Effie St, Medford, OR

Homes for Sale in Medford, OR

This home is located at 515 Effie St, Medford, OR 97504 since 16 September 2024 and is currently estimated at $345,074, approximately $184 per square foot. This property was built in 1972. 515 Effie St is a home located in Jackson County with nearby schools including Roosevelt Elementary School, Hedrick Middle School, and North Medford High School.

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.

Southern Oregon MLS © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.