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Pending
  • $699,000

    1562 Ridge Way, Medford, OR 97504

    3beds
    2baths
    2,204sqft
    : 
    Single Family Residence
    Built in 1998
    0.26 Acres Lot
    $697,600 Zestimate®
    $317/sqft
    $-- HOA

    What's special

    Gas log fireplaceHot tubMountain and city viewsPrivate backyard retreatGravel rv parkingLarge walk in closetCovered gazebo
    Beautiful East Medford single level home, 3 bed, 2 bth, 2204 Sqft. Private backyard retreat w/large covered back patio awning & Trellis w/led string lights, Hot tub, covered gazebo. Great open floor plan with vaulted ceiling, Gas log Fireplace. and Bose subwoofer system in living room, arched window W/motorized window blind. Amazing large kitchen off Great room with newly painted kitchen cabinets, granite counter tops, under counter lighting & recessed lighting. Large Primary bedroom W/granite counter, double sinks, Large walk in closet, newly remodeled shower jetted tub & skyliglhts, access to outside patio. Both guest bedrooms have walk in closets. home has new paint throughout exterior and interior, new recessed can lighting, Engineered hardwood floors through whole house except bathrooms & laundry room. New energy star heating system & bath fans, New garage door openers, Attic storage W/pull-down ladder. New 10x20 shop in back yard. Gravel RV Parking. Mountain and city views.
    39 days
    |
    59
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Coldwell Banker Pro West R.E. 541-773-6868

    Source: Oregon Datashare,MLS#: 220218348MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
      Cooling
      • Central Air, ENERGY STAR Qualified Equipment, Heat Pump
      Appliances
      • Included: Instant Hot Water, Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator
      Features
      • Breakfast Bar, Ceiling Fan(s), Double Vanity, Granite Counters, Open Floorplan, Pantry, Smart Thermostat, Soaking Tub, Solid Surface Counters, Tile Shower, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Simulated Wood, Tile
      • Windows: Double Pane Windows, Vinyl Frames
      • Basement: None
      • Has fireplace: Yes
      • Fireplace features: Gas
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,204
      • Total interior livable area: 2,204 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Concrete, Driveway, Garage Door Opener, RV Access/Parking
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Patio, Wrap Around
      • Spa features: Indoor Spa/Hot Tub, Spa/Hot Tub
      • Fencing: Fenced
      • Has view: Yes
      • View description: Mountain(s), Territorial
      Lot
      • Size: 0.26 Acres
      • Features: Drip System, Garden, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional structures: Gazebo, Workshop
      • Parcel number: 10909206
      • Zoning description: SFR-4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Terrace Oaks Estates Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Medford

      Financial & listing details

      • Price per square foot: $317/sqft
      • Tax assessed value: $536,050
      • Annual tax amount: $5,218
      • Date on market: 4/1/2026
      • Cumulative days on market: 40 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved
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        Estimated market value

        $697,600

        $663,000 - $732,000

        $2,753/mo

        Price history

        DateEventPrice
        4/7/2026Pending sale$699,000$317/sqft
        Source: Oregon Datashare #220218348 Report a problem
        4/1/2026Listed for sale$699,000+82.5%$317/sqft
        Source: Oregon Datashare #220218348 Report a problem
        2/26/2021Listing removed--
        Source: Owner Report a problem
        7/2/2020Listing removed$2,550$1/sqft
        Source: Owner Report a problem
        6/29/2020Listed for rent$2,550$1/sqft
        Source: Owner Report a problem
        6/15/2020Sold$383,000+27.7%$174/sqft
        Source: Public Record Report a problem
        8/6/2014Sold$300,000+0.8%$136/sqft
        Source: Oregon Datashare #102948490 Report a problem
        7/4/2014Listed for sale$297,500-8.5%$135/sqft
        Source: John L Scott #2948490 Report a problem
        3/2/2009Sold$325,000+17.1%$147/sqft
        Source: Public Record Report a problem
        8/2/2002Sold$277,500+13.7%$126/sqft
        Source: Public Record Report a problem
        3/23/2001Sold$244,000+13%$111/sqft
        Source: Public Record Report a problem
        1/13/2000Sold$215,900+251.1%$98/sqft
        Source: Public Record Report a problem
        8/28/1998Sold$61,500$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,110 +3.2%$342,060 +3%
        2023$4,953 +2.5%$332,100
        2022$4,832 +2.7%$332,100 +3%
        2021$4,707 +2.2%$322,430 +6.1%
        2020$4,608 +2.4%$303,930 +3%
        2019$4,499 $295,080 +3%
        2018$4,499 +2.6%$286,490
        2017$4,383 +1.8%$286,490 +6.1%
        2016$4,304 -0.7%$270,050
        2015$4,333 +4%$270,050 +6.1%
        2014$4,165 +7.9%$254,560 +3.6%
        2013$3,861 +7.2%$245,740 +4.3%
        2012$3,601 -6.4%$235,660 -4.6%
        2011$3,849 -0.5%$247,150 +1.1%
        2010$3,868 +2.7%$244,480 +3%
        2009$3,765 +2.5%$237,360 +3%
        2008$3,671 +3.9%$230,450 +3%
        2007$3,533 +11.9%$223,740 +3%
        2006$3,158 +3.5%$217,230 +3%
        2005$3,052 +2.1%$210,910 +3%
        2004$2,988 +2.4%$204,770 +3%
        2003$2,917 $198,810 +3%
        2002-- $193,020 +3%
        2001-- $187,410 +3%
        2000-- $181,960

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,848/mo
        Principal & interest
        $3411
        Property taxes
        $437
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          Climate risks

          Neighborhood: 97504

          Getting around

          26 / 100
          Car-Dependent
          18 / 100
          Minimal Transit
          46 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Middle: Hedrick Middle
          • High: North 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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