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.
Active
$349,000
849 Cherry St, Medford, OR 97501
2beds
1baths
768sqft
Est.:
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
- 5 days |
- 41 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
John L. Scott Medford 5418402992
Source: Oregon Datashare,MLS#: 220220496
Tour with a local agent
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
Estimated market value
$341,900
$325,000 - $359,000
$1,487/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $349,000$454/sqft |
Source: | ||
| 5/6/2026 | Pending sale | $349,000$454/sqft |
Source: | ||
| 5/1/2026 | Listed for sale | $349,000+4.2%$454/sqft |
Source: | ||
| 8/7/2024 | Sold | $335,000-1.4%$436/sqft |
Source: | ||
| 6/3/2024 | Pending sale | $339,900$443/sqft |
Source: | ||
| 5/31/2024 | Listed for sale | $339,900-5.6%$443/sqft |
Source: | ||
| 11/1/2023 | Listing removed | $359,900$469/sqft |
Source: | ||
| 4/7/2023 | Listed for sale | $359,900-17.2%$469/sqft |
Source: | ||
| 12/3/2022 | Listing removed | -- |
Source: | ||
| 6/6/2022 | Price change | $434,900-3.3%$566/sqft |
Source: | ||
| 4/6/2022 | Listed for sale | $449,900+1339.7%$586/sqft |
Source: | ||
| 10/9/2000 | Sold | $31,250$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $73,170 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 2/10Oak Grove Elementary SchoolGrades: K-5Distance: 1 mi
- 2/10Mcloughlin Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 0.8 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Jackson County
- Medford
- 97501
- 849 Cherry St






