NOT LISTED FOR SALE

586 Midway Rd Medford, OR 97501

Northwest Medford Neighborhood

Estimated Value: $220,000 - $385,000

0.51 Acre
$514,702 Price per Acre
22,216 Sq Ft Lot

Last Sold January 10, 2025

Last sale price $220,000

Est. 19% increase in value since last sale

Current estimated payment $1,554/month

137 Days on Market

Highlights

  • 0.51 Acre Lot
  • No HOA
  • Level Lot

About This Lot

As of January 2025

Development opportunity close to the Airport, Costco and the new Amazon Distribution center. Zoned MFR-30 --.51 acre lot with a potential to build 10 Townhomes or 10 Apartments. Seller decided to move on to another project. Phase 1 Environmental completed and preliminary plans included. Buyer to perform their own Due Diligence as to their planned use and development.

Last Listed By

Jim North

John L. Scott Medford License #200310092 Listed on: 08/12/2024

John L. Scott Medford

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,068

Year Built

  • 1930

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Property is zoned MFR-30, MFR-30

Schools

  • Howard Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Midway Subdivisions Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10486784

Property Details

Property Type

Land

Est. Annual Taxes

$1,068

Year Built

1930

Lot Details

0

Listing Details

  • Directions: Table Rock Rd, East on Midway
  • Garage Yn: No
  • Lot Size Acres: 0.51
  • Prop. Type: Land
  • Property Sub Type: Residential Lots
  • Road Surface Type: Paved
  • Subdivision Name: Midway Subdivisions
  • Co List Office Mls Id: orJLS
  • Co List Office Phone: 541-779-3611
  • Co List Office Phone: 541-779-3611
  • MLS Status: Closed
  • General Property Information:Zoning2: MFR-30
  • General Property Information Senior Community YN: No
  • Road Surface Type:Paved: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Water Source:Public: Yes
  • Special Features: None
  • Year Built (Public Record): 1930

Exterior Features

  • Lot Features: Level
  • Horse: No
  • Lot Features:Level: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Howard Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 10486784
  • Irrigation Water Rights: No
  • Current Use: Vacant
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1067.87
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Jan 8, 2025
Sold by
Avesta At Midway Llc
Bought by
Dalco Inc
Seller's Agent
Jim North
John L. Scott Medford
Buyer's Agent
JJ Kramer
John L. Scott Medford
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%
Total Days on Market
137
Views
21
Current Estimated Value
$262,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,498
Avg. Annual Appreciation
87.91%

Purchase Details

Closed on
Dec 19, 2023
Sold by
Avesta At Midway Llc
Bought by
City Of Medford

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 16, 2023
Sold by
Betty J Ferns Trust
Bought by
Avesta At Midway Llc
Seller's Agent
Judith Foltz
John L. Scott Medford
Buyer's Agent
Jesse Dansereau
Windermere Van Vleet & Assoc2
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Views
211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Mar 10, 2023
Sold by
Ferns Betty J
Bought by
Betty J Ferns Trust

Range of Values:

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Average Value
Not Available
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
Dalco Inc $220,000 First American Title
City Of Medford $10,160 None Listed On Document
Avesta At Midway Llc $220,000 First American Title
Betty J Ferns Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $220,000 -8.3% --
12/27/2024 12/27/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $240,000 +9.1% --
08/21/2023 08/21/23 Sold $220,000 +12.8% --
07/27/2023 07/27/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $195,000 -17.0% --
05/25/2023 05/25/23 For Sale $235,000 -- --
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 $1,068 $71,490 $71,490 --
2023 $1,035 $69,410 $69,410 $0
2022 $1,010 $69,410 $69,410 $0
2021 $918 $61,360 $61,360 $0
2020 $768 $51,560 $51,560 $0
2019 $738 $48,640 $48,640 $0
2018 $749 $43,870 $43,870 $0
2017 $669 $43,870 $43,870 $0
2016 $680 $42,600 $42,600 $0
2015 $571 $36,080 $36,080 $0
2014 $525 $32,820 $32,820 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim North

    Seller's Agent in 2025

    Jim North

    John L. Scott Medford

    (541) 488-1311

    6 in this area

    180 Total Sales

    Jim North
    Section Image
  • Douglas Morse

    Seller Co-Listing Agent in 2025

    Douglas Morse

    John L. Scott Medford

    (541) 944-6000

    12 in this area

    518 Total Sales

    Douglas Morse
    Section Image
  • JJ Kramer

    Buyer's Agent in 2025

    JJ Kramer

    John L. Scott Medford

    (541) 840-2992

    26 in this area

    658 Total Sales

    JJ Kramer
    Section Image

  • J

    Seller's Agent in 2023

    Judith Foltz

    John L. Scott Medford

    (541) 779-3611

    3 in this area

    108 Total Sales

    Judith Foltz
    Section Image

  • J

    Buyer's Agent in 2023

    Jesse Dansereau

    Windermere Van Vleet & Assoc2

    (541) 816-8364

    2 in this area

    19 Total Sales

    Jesse Dansereau
    Section Image
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Map

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Source: Southern Oregon MLS

MLS Number: 220188060

Southern Oregon MLS

APN: 10486784

Oregon Jackson County Medford 97501 Northwest Medford

586 Midway Rd, Medford, OR

Homes for Sale in Medford, OR

This home is located at 586 Midway Rd, Medford, OR 97501 since 12 August 2024 and is currently estimated at $262,498. This property was built in 1930. 586 Midway Rd is a home located in Jackson County with nearby schools including Howard Elementary School, McLoughlin Middle School, and North Medford High School.

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