Off Market2577d on market
425 Ross Ln N
Medford, OR, 97501 • 97501 • Jackson County
$572,100
$157/sqft
8Beds
3Baths
3,655Sqft
1.9 acLot
1950Built
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
2577 days on market
Established listing
$157/sqft
Price per square foot
About this home
Single Family · Built 1950
Let the tenants pay your mortgage while you develop the lots! 1.88 acres with 3 homes that is currently in the County that can be annexed into the City. Nice entrance to the back of this level parcel w/paved road to the property line. Home 1: 3 bed/1 ba, good construction built in 1950 rented at $850.00/mo (below market value). Home 2: Cute 2 bed/1 ba in good condition rented at $900/mo (below market value) and sits behind a private 8' fence w/new mini split heat pump w/air, nice size yard, single garage & large garden area. Home 3: 1440sq.ft. manufactured home rented at $1200 w/new roof, large rooms, covered back porch, large garage w/workshop. All RENTALS ARE MONTH TO MONTH so when you want to start selling lots or building homes, you will still be able to make your payments with total rents each month at $2950.00 or Annual gross income of $35,400. The new subdivision behind this property is very nice & would make a great entrance into your very own subdivision.
Estimated monthly payment
Based on current rates
$3,519/month
Principal & Interest$2,756
Property Tax$572
Insurance$191
Down payment20% ($114,420)
3%50%
Est. 6.04% rate · 30yr fixed · $457,680 loan
Full calculator →At a glance
Key facts and listing details
TypeSingleFamily
Year Built1950
HeatingBaseboard, Forced air, Electric
Parking2 Parking spaces
Lot1.88 Acres
Property
Home typeSingle Family
Year built1950
Systems
HeatingBaseboard, Forced air, Electric
RoofComposition
Water / SewerPublic (CIty)
Parking & Outdoor
ParkingOff-street
Lot1.88 Acres
Location & Tax
Neighborhood97501
Annual tax$4,437
Parcel10430056
Bathrooms & Fees
Full baths3
Features & details
4 categories of property features
Interior Features
Flooring
Carpet
Linoleum / Vinyl
Heating
Baseboard
Forced air
Electric
Exterior Features
Exterior
Wood
Parking
Off-street
Listing insights
Market data and value estimates
StatusOff Market
Days on market2577
Est. value$572,100
Est. rent$2,999/mo
Tax rate0.75%
Price/sqft$157
Last sold$375,000
Tour days6
Views3
How are the schools in Medford?
3 schools rated nearby
Location
Medford, OR, 97501
Price history
15 events
DateEventPrice$/sqftSource
Mar 18, 2019Sold$375,000$103Oregon Datashare
Jan 16, 2019Pending Sale$399,000$109Windermere/Van Vleet and Associates, Inc.
Jul 6, 2018Price Change$399,000$109Windermere/Van Vleet and Associates, Inc.
Mar 27, 2018Price Change$425,000$116Windermere/Van Vleet and Associates, Inc.
Dec 1, 2017Price Change$499,000$137Insight Real Estate
Jul 20, 2017Price Change$505,000$138John L. Scott Medford
May 9, 2016Listed For Sale$415,000$114John L. Scott Medford
Jan 29, 2016Listing Removed$415,000$114Merit Commercial RE, LLC
Aug 14, 2015Listed For Sale$415,000$114Merit Commercial RE, LLC
Apr 9, 2015Listing Removed$415,000$114Merit Commercial Real Estate
Mar 17, 2015Listed For Sale$415,000$114Merit Commercial Real Estate
Dec 21, 2013Listing Removed$385,000$105Merit Commercial Real Estate
Aug 2, 2013Listed For Sale$385,000$105Merit Commercial Real Estate
Sep 25, 2011Listing Removed$385,000$105Windermere/Van Vleet and Associates, Inc.
Sep 26, 2010Listed For Sale$385,000$105Windermere/Van Vleet and Associates, Inc.
Sold$375,000
Mar 18, 2019•$103/sqft•Oregon Datashare
Pending Sale$399,000
Jan 16, 2019•$109/sqft•Windermere/Van Vleet and Associates, Inc.
Price Change$399,000
Jul 6, 2018•$109/sqft•Windermere/Van Vleet and Associates, Inc.
Price Change$425,000
Mar 27, 2018•$116/sqft•Windermere/Van Vleet and Associates, Inc.
Price Change$499,000
Dec 1, 2017•$137/sqft•Insight Real Estate
Price Change$505,000
Jul 20, 2017•$138/sqft•John L. Scott Medford
Listed For Sale$415,000
May 9, 2016•$114/sqft•John L. Scott Medford
Listing Removed$415,000
Jan 29, 2016•$114/sqft•Merit Commercial RE, LLC
Listed For Sale$415,000
Aug 14, 2015•$114/sqft•Merit Commercial RE, LLC
Listing Removed$415,000
Apr 9, 2015•$114/sqft•Merit Commercial Real Estate
Listed For Sale$415,000
Mar 17, 2015•$114/sqft•Merit Commercial Real Estate
Listing Removed$385,000
Dec 21, 2013•$105/sqft•Merit Commercial Real Estate
Listed For Sale$385,000
Aug 2, 2013•$105/sqft•Merit Commercial Real Estate
Listing Removed$385,000
Sep 25, 2011•$105/sqft•Windermere/Van Vleet and Associates, Inc.
Listed For Sale$385,000
Sep 26, 2010•$105/sqft•Windermere/Van Vleet and Associates, Inc.
Tax history
20 years of records
YearTax paidAssessed value
Apr 8, 2024$4,437$297,010
Apr 8, 2023$4,301$288,360
Apr 8, 2022$4,196$288,360
Apr 8, 2021$4,087$279,970
Apr 8, 2020$4,001$263,910
Apr 8, 2019$3,907$256,230
Apr 8, 2018$3,907$248,770
Apr 8, 2017$3,806$248,770
Apr 8, 2016$3,046$234,500
Apr 8, 2015$2,990$234,500
Apr 8, 2014$2,862$221,040
Apr 8, 2013$2,191$182,190
Apr 8, 2012$2,571$214,610
Apr 8, 2010$2,612$208,150
Apr 8, 2008$2,480$196,210
Apr 8, 2007$2,386$190,680
Apr 8, 2006$2,077$185,130
Apr 8, 2005$2,016$179,740
Apr 8, 2004$1,939$174,510
Apr 8, 2003$1,532$139,120
Nearby homes
Neighborhood details
Local context around this listing
Medford, OR • Jackson County
Nearby cities
AshlandCentral PointEagle PointGold HillJacksonvilleMedfordPhoenixRogue River
Nearby zip codes
975019750497540
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