Pending

$400,000

2020 Ridge Way, Medford, OR 97504

4beds

4baths

2,652sqft

$2,762/mo

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Single Family Residence

Built in 1963

0.28 Acres Lot

$389,700 Zestimate^®

$151/sqft

$-- HOA

What's special

Swimming poolIndoor hot tubMulti-level floor planDramatic open spacesSpacious main-level primary suite

POSSIBLE OWNER FINANCING + EAST MEDFORD OPPORTUNITY! Bring your vision and discover the potential of this one-of-a-kind home in one of East Medford's most desirable locations, close to shopping, schools and everything East Medford has to offer. The incredibly unique, multi-level floor plan is unlike anything you're likely to find elsewhere, with dramatic open spaces, a loft overlooking the main living area and endless possibilities to reimagine the home to fit your style. Step outside to your own swimming pool, while the spacious main-level primary suite features an indoor hot tub. This home is ready for updating and its next chapter, creating an exciting canvas for a buyer with creativity and vision. With its sought-after location, distinctive design, amenities and possible owner financing, this is an opportunity that deserves a closer look. Imagine the possibilities!

27 days
9,564
977

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Electric, Forced Air, Heat Pump, Natural Gas, Pellet Stove

Cooling

Heat Pump

Appliances

Included: Dishwasher, Disposal, Microwave, Oven, Range

Features

Dual Flush Toilet(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Flooring: Carpet, Vinyl
Windows: Double Pane Windows
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,652
Total interior livable area: 2,652 sqft

Property

Parking

Total spaces: 1
Parking features: Attached, Detached
Attached garage spaces: 1

Features

Levels: Multi/Split
Patio & porch: Deck, Other
Has private pool: Yes
Pool features: Fenced, In Ground, Outdoor Pool
Spa features: Spa/Hot Tub
Fencing: Fenced

Lot

Size: 0.28 Acres

Details

Additional structures: Gazebo
Parcel number: 10341410
Zoning description: SFR-4
Special conditions: Trust

Construction

Type & style

Home type: SingleFamily
Architectural style: Chalet
Property subtype: Single Family Residence

Materials

Frame
Foundation: Concrete Perimeter
Roof: Metal

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s), Other
Subdivision: Gerdes Terrace

HOA

Has HOA: No

Location

Region: Medford

Financial & listing details

Price per square foot: $151/sqft
Tax assessed value: $655,100
Annual tax amount: $6,744
Date on market: 10/9/2026
Cumulative days on market: 27 days
Listing terms: Private Financing Available
Road surface type: Paved

Estimated market value

$389,700

$370,000 - $409,000

$2,952/mo

Price history

Date	Event	Price
10/28/2026	Pending sale	$400,000$151/sqft
Source: Oregon Datashare #220229802 Report a problem
10/9/2026	Listed for sale	$400,000-27.3%$151/sqft
Source: Oregon Datashare #220229802 Report a problem
12/7/2025	Listing removed	$550,000$207/sqft
Source: Oregon Datashare #220204834 Report a problem
9/19/2025	Price change	$550,000-7.4%$207/sqft
Source: Oregon Datashare #220204834 Report a problem
8/26/2025	Price change	$594,000-0.8%$224/sqft
Source: Oregon Datashare #220204834 Report a problem
7/16/2025	Price change	$599,000-7.8%$226/sqft
Source: Oregon Datashare #220204834 Report a problem
6/27/2025	Listed for sale	$650,000+188.9%$245/sqft
Source: Oregon Datashare #220204834 Report a problem
10/29/1999	Sold	$225,000$85/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,745 +5.2%	$402,120 +3%
2024	$6,410 +9.4%	$390,410 +3%
2023	$5,857 -1.2%	$379,040
2022	$5,930 +2.7%	$379,040 +3%
2021	$5,773 +9.8%	$368,000 +6.1%
2020	$5,259 -3.9%	$346,890 +3%
2019	$5,473	$336,790 +3%
2018	$5,473 +5.4%	$326,990
2017	$5,194 -1.1%	$326,990 +6.1%
2016	$5,253 -0.8%	$308,230
2015	$5,296 +3.9%	$308,230 +6.1%
2014	$5,099 +30.2%	$290,550 +16.6%
2013	$3,917 +5.9%	$249,260 +3%
2012	$3,698 -16.3%	$242,000 -14.2%
2011	$4,420 +2%	$282,090 +3%
2010	$4,333 +2.7%	$273,880 +3%
2009	$4,218 +2.5%	$265,910 +3%
2008	$4,113 +3.9%	$258,170 +3%
2007	$3,958 +11.9%	$250,660 +3%
2006	$3,537 +3.5%	$243,360 +3%
2005	$3,419 +2.1%	$236,280 +3%
2004	$3,347 +2.4%	$229,400 +3%
2003	$3,268	$222,720 +3%
2002	--	$216,240 +3%
2001	--	$209,950 +3%
2000	--	$203,840

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 97504

Getting around

9 / 100

Car-Dependent

11 / 100

Minimal Transit

22 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Lone Pine Elementary School
Grades: K-5Distance: 0.8 mi
5/10
Hedrick Middle School
Grades: 6-8Distance: 0.7 mi
7/10
North Medford High School
Grades: 9-12Distance: 1 mi

Schools provided by the listing agent

Elementary: Lone Pine Elem
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.