Wonderfully updated Cottage style farm home, situated on 1.25 acres. The living and kitchen areas have been completely remodeled from the studs up, with new sheetrock, laminate flooring, electrical, kitchen cabinet and granite counters, fixtures and dishwasher. Both bedrooms have built-ins, indoor laundry and a bonus room off the back of the home. A newer septic system, newer roof and a great well producing approximately 9 gallons per minute according to the seller. The property is level and has TID irrigation. Detached garage and an 8X12 shed. Plenty of fenced space for animals and a garden area. This rural property is ideal and within approximately 10 minutes to either Medford or Ashland. Enjoy watching the sunsets on the covered porch!
Closed
$432,500
3975 Payne Rd, Medford, OR 97504
2beds
1baths
1,024sqft
Single Family Residence
Built in 1943
1.25 Acres Lot
$433,400 Zestimate®
$422/sqft
$1,813 Estimated rent
Home value
$433,400
$390,000 - $481,000
$1,813/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 21, 2025 at 09:52pm
Listed by:
Invest Rite Realty Group, LLC 541-973-9113
Bought with:
Invest Rite Realty Group, LLC
Source: Oregon Datashare,MLS#: 220202762
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Heater
Features
- Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Shower/Tub Combo
- Flooring: Carpet, Laminate, Vinyl
- Windows: Double Pane Windows, Vinyl Frames, Wood Frames
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,024
- Total interior livable area: 1,024 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Territorial, Vineyard
Lot
- Size: 1.25 Acres
- Features: Landscaped, Pasture
Details
- Additional structures: Shed(s)
- Parcel number: 10040795
- Zoning description: F-5
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow,Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Medford
Other
Other facts
- Has irrigation water rights: Yes
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Sold | $432,500+1.2%$422/sqft |
Source:  Oregon Datashare #220202762 | ||
| 6/16/2025 | Pending sale | $427,500$417/sqft |
Source: Oregon Datashare #220202762 | ||
| 6/14/2025 | Listed for sale | $427,500$417/sqft |
Source: Oregon Datashare #220202762 | ||
| 6/3/2025 | Pending sale | $427,500$417/sqft |
Source: Oregon Datashare #220202762 | ||
| 5/28/2025 | Listed for sale | $427,500+26.5%$417/sqft |
Source: Oregon Datashare #220202762 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,882 +3.2% | $231,420 +3% |
| 2023 | $2,791 +5.1% | $224,680 |
| 2022 | $2,655 +2.3% | $224,680 +3% |
Find assessor info on the county website
Neighborhood: 97504
Nearby schools
GreatSchools rating
- 5/10Orchard Hill Elementary SchoolGrades: K-5Distance: 3.6 mi
- 3/10Talent Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10Phoenix High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Phoenix Elem
- Middle: Talent Middle
- High: Phoenix 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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