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722 Palm Street

722 Palm Street, Medford, OR 97501
Property in Jackson
Sold Mar 03, 2023
$280,000
$180,000 by Evergreen Moneysource Mortgage
Mortgage Due Dec 01, 2051
Sold Nov 23, 2021
$280,000
$180,000 by Evergreen Moneysource Mortgage
Mortgage Due Dec 01, 2051
722 Palm Street has been categorized by the local assessors in Medford, OR as a residential type of property. The building on the property was first built in 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 722 Palm Street has 824 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 5,227 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 308 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a patio. The roof of the building is made of composition shingle. The exterior walls of the building are made of concrete. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 722 Palm Street sold most recently in Feb 27, 2023 for a total of $280,000. If you work out the math, that's approximately a cost of $339.81 per sqft. Before that, the property was also sold for $280,000 in Nov 22, 2021. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,496 in taxes each year. 722 Palm Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $102,830. If we break it down further, the land itself was valued at $60,660. Improvements to the property, however, were assessed at a total of $42,170. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 824
  • Gross Building Area: 824
  • Building Area: 824
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOLTER ADDITION
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OLESKY RIO
  • Current Owner 2: OLESKY ARROW
  • Previous Owner : OLESKY RIO
  • Owner Before Previous Owner: HILL ETHAN M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 22, 2023

Neighborhood

  • School District Name: Medford School District 549
  • Census Tract: 000202

Zoning

  • Zoning: SFR-10

Geography

  • Assessors Map Reference: 37S-2W-25
  • Parcel: 10399971
  • Block: 2
  • Lot: 10
  • Meridian: SEC 25 Q 2 TWN 37S RNG 02W
  • Municipality: CITY OF MEDFORD
  • Latitude: 42.3278
  • Longitude: -122.887

    Address

  • Full Address: 722 Palm St
  • Address - House Number: 722
  • Address - Street Name: Palm
  • Address - Suffix Type: St
  • State: OR
  • City Name: Medford
  • Carrier Code: C028
  • 4-Digit Zip Code: 2539
  • Zip Code: 97501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,496
  • Tax Rate Code Area: 4901

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 273,838
  • High Value: 324,566
  • Low Value: 223,109

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 23, 2021
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $159,900
  • Market Land Value: $98,000
  • Market Improvement Value: $61,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,830
  • Assessed Land Value: $60,660
  • Assessed Improvements Value: $42,170

    Sales

  • Current Sale Contract Date: Feb 27, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Transaction ID: 11902849224
  • Current Sale Price: $280,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 4068
  • Previous Sale Recording Date: Nov 23, 2021
  • Previous Sale Contract Date: Nov 22, 2021
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: EVERGREEN MONEYSOURCE MORTGAGE
  • Previous Mortgage Transaction Date: Nov 23, 2021
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Medford



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Frequently Asked Questions

What neighborhood is 722 Palm Street located in?
The 722 Palm Street is a located in the neighborhood of Jackson in Medford, Medford.
What is the average sales price for listings in 722 Palm Street?
The average sales price for units in 722 Palm Street is $0 currently.

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