See Home Value
Medford 97504
1406 Ridge Way
$468,225*
House - Off Market

1406 Ridge Way

Medford, OR 97504
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2376 Sqft
$383,000 - $467,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model
Sold Dec 20, 2021
$399,000
$362,738 by Mortgage Express Llc
Mortgage Due Jan 01, 2052

About This Property

This wonderful mid century home with lots of updates in desirable Old E Medford has potential to be a two family set-up. Main level has 2 bedrooms and full bath. Kitchen has been updated with granite, new SS appliances and cabinets. Living room has a gas insert and there are hardwood floors under carpets upstairs per seller. Downstairs has full bath, bedroom and huge living space with bar w/ sink. Also has a freestanding Vermont Casting gas fireplace. Great for entertainment and Has separate entrance. New roof and vinyl windows and close to schools, hospitals/doctors, shopping, restaurants, churches and more.  Lovely garden, backyard with shed and mature landscaping.

The manager has listed the unit size as 2376 square feet.
Unit Size
2,376Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$179
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Dec 21, 2021 No longer available -
No longer available
Dec 20, 2021 Sold to Burkett Julie Diane, Raymon... $399,000
Sold to Burkett Julie Diane, Raymon...
Oct 7, 2021 In contract -
In contract
Jul 19, 2021 Listed $425,000
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,188
  • Garage Type: Carport
  • Garage Square Area: 312
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,376
  • Gross Building Area: 2,376
  • Building Area: 1,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE HILL ADDITION
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : DIANE BURKETT JULIE
  • Current Owner 2: DIANE RAYMOND FARMER
  • Previous Owner : WELLS SANDRA K
  • Previous Owner 2: WELLS ALTON L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Medford School District 549
  • Census Tract: 000502

Zoning

  • Zoning: SFR-6

Geography

  • Assessors Map Reference: 37S-1W-20
  • Parcel: 10339049
  • Block: 15
  • Lot: 10,11
  • Meridian: SEC 20 Q 3 TWN 37S RNG 01W
  • Municipality: CITY OF MEDFORD
  • Latitude: 42.3354
  • Longitude: -122.852

    Address

  • Full Address: 1406 Ridge Way
  • Address - House Number: 1406
  • Address - Street Name: Ridge
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Medford
  • Carrier Code: C031
  • 4-Digit Zip Code: 6680
  • Zip Code: 97504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,987
  • Tax Rate Code Area: 4901

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 80
  • Final Value: 403,460
  • High Value: 467,415
  • Low Value: 339,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $362,738
  • First Open Lien Mortgage Lender: MORTGAGE EXPRESS LLC
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $362,738
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $283,680
  • Market Land Value: $148,000
  • Market Improvement Value: $135,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,320
  • Assessed Land Value: $70,200
  • Assessed Improvements Value: $135,120

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Transaction ID: 11875071189
  • Current Sale Price: $399,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-051551

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE EXPRESS LLC
  • First Mortgage Transaction Date: Dec 20, 2021
  • First Mortgage Loan Amount: $362,738
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,672 ft²
$251/ft²
$420,000 Jan 26, 2023
-
$254/mo
House
3 Beds
2 Baths
1,574 ft²
$280/ft²
$439,990 Apr 15, 2022
-
-
House
3 Beds
2 Baths
1,574 ft²
$292/ft²
$459,990 Jun 23, 2022
-
-
House
3 Beds
2 Baths
1,408 ft²
$305/ft²
$429,990 Jun 29, 2022
-
-

About Medford


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Nearby Rentals

Unit for rent at

$1,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,046 ft²
Listing by Manager
Unit for rent at

$1,510 /mo

  • 1 Bed
  • 1 Bath
  • 453 ft²
Listing by Manager


Frequently Asked Questions

When was property at 1406 Ridge Way built and last sold?
The property at 1406 Ridge Way was built in 1952 and last sold on Dec 3, 2021 for $399,000.
How much is this home worth?
The estimated value of the home located at 1406 Ridge Way is $439,472.
What are some comparable homes to 1406 Ridge Way?
There are currently no comparable homes to 1406 Ridge Way.

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