Prime investment opportunity! This one-bedroom cottage has an additional fully finished upstairs space currently being used as a second bedroom that is NOT included in the official square footage! Located near new developments in the desirable south Medford area. Home is situated at the front corner of the lot, leaving plenty of room for possible additional units to be added to the property OR a potential flag lot opportunity. Could also possibly be subdivided into additional tax lots. Home has deferred maintenance and is being sold AS-IS, which is reflected in the pricing. Long-term tenant on a month-to-month lease. Buyer responsible for all due diligence as to the intended uses of the property, no guarantees expressed or implied are intended. DO NOT DISTURB TENANT.
Closed
$210,000
1265 Thomas Rd, Medford, OR 97501
1beds
1baths
600sqft
Single Family Residence
Built in 1920
0.26 Acres Lot
$222,900 Zestimate®
$350/sqft
$1,356 Estimated rent
Home value
$222,900
$201,000 - $245,000
$1,356/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2024 at 07:32pm
Listed by:
Ford Real Estate 541-773-2088
Bought with:
No Office
Source: Oregon Datashare,MLS#: 220175449
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Oven, Range, Refrigerator, Water Heater
Features
- Primary Downstairs
- Flooring: Carpet
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls,No One Above,No One Below
Interior area
- Total structure area: 600
- Total interior livable area: 600 sqft
Property
Parking
- Parking features: Attached Carport, Driveway
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.26 Acres
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 10438696
- Zoning description: Sr-2 5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block
- Roof: Composition
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Shared Well
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Medford
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2024 | Sold | $210,000+5%$350/sqft |
Source:  Oregon Datashare #220175449 | ||
| 1/6/2024 | Pending sale | $200,000$333/sqft |
Source: Oregon Datashare #220175449 | ||
| 1/5/2024 | Listed for sale | $200,000$333/sqft |
Source: Oregon Datashare #220175449 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,324 +3.2% | $109,090 +3% |
| 2024 | $1,283 +2.4% | $105,920 |
| 2023 | $1,253 +2.6% | $105,920 +3% |
Find assessor info on the county website
Neighborhood: 97501
Nearby schools
GreatSchools rating
- 2/10Oak Grove Elementary SchoolGrades: K-6Distance: 1 mi
- 2/10Mcloughlin Middle SchoolGrades: 6-8Distance: 1.6 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Oak Grove Elem
- Middle: McLoughlin Middle
- High: South Medford High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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