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2511 Stearns Way

2511 Stearns Way, Medford, OR 97501
Property in Jackson
Sold Sep 24, 2021
$306,100
$290,795 by Summit Funding Inc
Mortgage Due Oct 01, 2051
Sold Nov 02, 2012
$127,500
$125,190 by Sterling Bank
Mortgage Due Nov 01, 2042
Local assessors in Medford, OR have categorized 2511 Stearns Way as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 13,504 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2511 Stearns Way has a total of 1,120 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 480 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. The building has a roof that is made of materials that we aren't sure of. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2511 Stearns Way was last sold in Sep 23, 2021 for $306,100. According to our calculations, that's $191.31 per sqft. Prior to that sales transaction, the property was sold for $127,500 in Oct 5, 2012. Current property owners are expected to pay $1,793 in taxes per year. The property on 2511 Stearns Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $151,570. To break that down further, the land itself was valued at $74,300. While improvements to the property were assessed at a total of $77,270. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Carport
Attached Garage
Open Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 3
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WELDON SUBDIVISION
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MEDINA GLENN ALVAREZ
  • Previous Owner : CLAFLIN NICHOLAS MATTHEW
  • Previous Owner 2: CLAFLIN VICTORIA SUE
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Medford School District 549
  • Census Tract: 000800

Zoning

  • Zoning: RR-2.5

Geography

  • Assessors Map Reference: 37S-2W-23
  • Parcel: 10449304
  • Block: 3
  • Lot: 8
  • Meridian: SEC 23 Q 4 TWN 37S RNG 02W
  • Municipality: JACKSON COUNTY
  • Latitude: 42.3359
  • Longitude: -122.903

    Address

  • Full Address: 2511 Stearns Way
  • Address - House Number: 2511
  • Address - Street Name: Stearns
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Medford
  • Carrier Code: C040
  • 4-Digit Zip Code: 1848
  • Zip Code: 97501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,793
  • Tax Rate Code Area: 4903

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: May 24, 2023
  • Confidence Score: 63
  • Final Value: 313,661
  • High Value: 394,695
  • Low Value: 232,627

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $290,795
  • First Open Lien Mortgage Lender: SUMMIT FUNDING INC
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Loan Amount: $290,795
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $293,480
  • Market Land Value: $128,800
  • Market Improvement Value: $164,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,570
  • Assessed Land Value: $74,300
  • Assessed Improvements Value: $77,270

    Sales

  • Current Sale Contract Date: Sep 23, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Transaction ID: 11857232988
  • Current Sale Price: $306,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-040587
  • Previous Sale Recording Date: Nov 02, 2012
  • Previous Sale Contract Date: Oct 05, 2012
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT FUNDING INC
  • First Mortgage Transaction Date: Sep 24, 2021
  • First Mortgage Loan Amount: $290,795
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STERLING BANK
  • Previous Mortgage Transaction Date: Nov 02, 2012
  • Previous Mortgage Loan Amount: $125,190
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2042

About Jackson



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Frequently Asked Questions

What neighborhood is 2511 Stearns Way located in?
The 2511 Stearns Way is a located in the neighborhood of Jackson in Jackson, Medford.
What is the average sales price for listings in 2511 Stearns Way?
The average sales price for units in 2511 Stearns Way is $0 currently.

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