703 W 11th St Medford, OR 97501
Washington NeighborhoodHighlights
- Territorial View
- Cottage
- Surveillance System
- No HOA
- Cooling System Mounted To A Wall/Window
- Poultry Coop
About This Home
As of January 2025Great Cash Flow Tri-plex for investors or own and live in one unit. All three tenants want to stay. In 2007 Seller raised the big home and put a new foundation in at that time, took it down to the studs, and redid the interior. Main home is a 3 bed 1 bath about 1300sqft, rent is $1450 but January 1st, 2025 it is going up to $1550. Upstairs is a 2/1 about 990 sqft, rented for $1025 due to go up to $1125 Jan 1. Stand alone home is a 1 bedroom 1 bathroom about 675 sqft, rent is $1000 due to go up Jan 1 to $1100. Starting January 1st, 2025 rents will total $3775/month. Seller pays water, sewer, trash. 3 separate electric meters and 1 water meter. Lots of off street parking and parking in the back. Please call agent for showing. Do not disturb tenants. Sqft and rent we got that information from All Cities Property Management, buyers/buyer agents to do their own due diligence.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,548
Year Built
- Built in 1926
Lot Details
- 7,841 Sq Ft Lot
- No Common Walls
- Poultry Coop
Home Design
- Triplex
- Cottage
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Territorial Views
Flooring
- Carpet
- Laminate
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Gravel Driveway
- On-Street Parking
Schools
- Washington Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Exclusions: W/D are the tenants
- Assessor Parcel Number 10414661
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $435,000 | -3.3% | $147 / Sq Ft |
| 01/03/2025 01/03/25 | Pending | -- | -- | -- |
| 11/07/2024 11/07/24 | Price Changed | $450,000 | -5.3% | $152 / Sq Ft |
| 10/22/2024 10/22/24 | For Sale | $475,000 | -- | $160 / Sq Ft |
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 | $3,660 | $245,000 | $90,590 | $154,410 |
| 2023 | $3,548 | $237,870 | $87,950 | $149,920 |
| 2022 | $3,461 | $237,870 | $87,950 | $149,920 |
| 2021 | $3,372 | $230,950 | $85,380 | $145,570 |
| 2020 | $3,300 | $224,230 | $82,890 | $141,340 |
| 2019 | $3,222 | $211,360 | $78,130 | $133,230 |
| 2018 | $3,140 | $205,210 | $75,850 | $129,360 |
| 2017 | $3,083 | $205,210 | $75,850 | $129,360 |
| 2016 | $3,104 | $193,440 | $71,490 | $121,950 |
| 2015 | $2,983 | $193,440 | $71,490 | $121,950 |
| 2014 | $2,917 | $182,340 | $67,390 | $114,950 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $264,000 | Unknown | |
| Previous Owner | $131,250 | Fannie Mae Freddie Mac |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $435,000 | Amerititle | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $330,000 | Amerititle | |
| Warranty Deed | $190,000 | Amerititle | |
| Warranty Deed | $175,000 | Amerititle |
Source: Southern Oregon MLS
MLS Number: 220191740
APN: 10414661
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