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  • $349,000

    849 Cherry St, Medford, OR 97501

    2beds
    1baths
    768sqft
    : 
    Single Family Residence
    Built in 1936
    0.86 Acres Lot
    $341,900 Zestimate®
    $454/sqft
    $-- HOA

    What's special

    Detached carport with storageCentral airVinyl windowsLaminate flooring
    Feel like you're living in the country on this rare .86 acre parcel in prime South Medford just off Stewart with high density development potential. Adorable 2 bedroom cottage features an open living and kitchen area, laminate flooring, central air, and vinyl windows. Detached carport with storage plus ample space for equipment, toys, trailers, and RV parking. Beautiful setting on a low traffic street, yet minutes to South Medford High School, parks, shopping, and dining. Property includes great tenant who would love to stay and are professionally managed, providing immediate income. Ideal for developers, builders, or investors seeking strong upside. Seller has conceptual plans for a 32 lot cottage cluster development with purchase of both lots and will provide them. Adjacent lot available. Buyer to verify all development details with the city. Possible owner carry.
    5 days
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    41
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    John L. Scott Medford 5418402992

    Source: Oregon Datashare,MLS#: 220220496MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop
      Features
      • Flooring: Carpet, Laminate, Vinyl
      • Windows: Double Pane Windows
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 768
      • Total interior livable area: 768 sqft

      Property

      Parking
      • Parking features: Asphalt, Detached Carport, Driveway
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Fencing: Fenced
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 0.86 Acres
      • Features: Level, Pasture
      Details
      • Parcel number: 10441236
      • Zoning description: SFR-00
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Other
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1936

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Shared Well

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $454/sqft
      • Tax assessed value: $326,680
      • Annual tax amount: $2,135
      • Date on market: 5/18/2026
      • Cumulative days on market: 6 days
      • Listing terms: Cash,Conventional,FHA
      • Inclusions: Cooktop
      • Exclusions: Tenants Personal Property
      • Road surface type: Paved
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        Estimated market value

        $341,900

        $325,000 - $359,000

        $1,487/mo

        Price history

        DateEventPrice
        5/18/2026Listed for sale$349,000$454/sqft
        Source: Oregon Datashare #220220496 Report a problem
        5/6/2026Pending sale$349,000$454/sqft
        Source: Oregon Datashare #220220496 Report a problem
        5/1/2026Listed for sale$349,000+4.2%$454/sqft
        Source: Oregon Datashare #220220496 Report a problem
        8/7/2024Sold$335,000-1.4%$436/sqft
        Source: Oregon Datashare #220183723 Report a problem
        6/3/2024Pending sale$339,900$443/sqft
        Source: Oregon Datashare #220183723 Report a problem
        5/31/2024Listed for sale$339,900-5.6%$443/sqft
        Source: Oregon Datashare #220183723 Report a problem
        11/1/2023Listing removed$359,900$469/sqft
        Source: Oregon Datashare #220161844 Report a problem
        4/7/2023Listed for sale$359,900-17.2%$469/sqft
        Source: Oregon Datashare #220161844 Report a problem
        12/3/2022Listing removed--
        Source: RE/MAX International Report a problem
        6/6/2022Price change$434,900-3.3%$566/sqft
        Source: Oregon Datashare #220142680 Report a problem
        4/6/2022Listed for sale$449,900+1339.7%$586/sqft
        Source: Oregon Datashare #220142680 Report a problem
        10/9/2000Sold$31,250$41/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,091 +3.2%$139,960 +3%
        2023$2,027 +2.5%$135,890
        2022$1,977 +2.7%$135,890 +3%
        2021$1,926 +2.2%$131,940 +6.1%
        2020$1,886 +2.4%$124,370 +3%
        2019$1,841 $120,750 +3%
        2018$1,841 +2.6%$117,240
        2017$1,794 +1.8%$117,240 +6.1%
        2016$1,762 -0.7%$110,520
        2015$1,773 +4%$110,520 +6.1%
        2014$1,704 +27.3%$104,190 +22.6%
        2013$1,339 -12.7%$85,000 -15.3%
        2012$1,533 -3.3%$100,360 -0.8%
        2011$1,585 +2%$101,160 +3%
        2010$1,554 +2.7%$98,220 +3%
        2009$1,513 +2.5%$95,360 +3%
        2008$1,475 +3.9%$92,590 +3%
        2007$1,420 +44.9%$89,900 +3%
        2006$980 +3%$87,310 +3%
        2005$951 +4%$84,770 +3%
        2004$914 +3.9%$82,310 +3%
        2003$880 $79,920 +3%
        2002-- $77,600 +3%
        2001-- $75,350 +3%
        2000-- $73,170

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          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.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 97501

          Getting around

          43 / 100
          Car-Dependent
          23 / 100
          Minimal Transit
          47 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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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