Charming 3-Bedroom Home on Spacious Corner Lot - Perfect for First-Time Buyers or Investors! This 3-bedroom, 2-bathroom home offering 1,251 square feet of comfortable living space is nestled on a generously sized corner lot, this property combines functionality, potential, and location—all at an incredible value. Step inside to find an open floor plan with a cozy living area, a functional kitchen, and a dining, a primary bedroom features an en-suite bath, while the additional bedrooms provide flexibility for family, guests, or a home office. Outside, enjoy the expansive yard—ideal for gardening, play, or future expansion. With ample parking and room to grow, this lot offers versatility rarely found at this price point.
Whether you're a first-time homebuyer looking for a solid starter home or an investor seeking a rental or flip opportunity, this property checks all the boxes.
Don't miss your chance to own this gem—schedule a showing today!
Closed
$320,000
1550 Hancock Ave, Medford, OR 97501
3beds
2baths
1,251sqft
Single Family Residence
Built in 1993
8,276 Square Feet Lot
$320,600 Zestimate®
$256/sqft
$1,892 Estimated rent
Home value
$320,600
$289,000 - $356,000
$1,892/mo
Zestimate® history
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$1,939/mo
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Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
eXp Realty, LLC
Source: Oregon Datashare,MLS#: 220206498
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
Features
- Flooring: Carpet, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,251
- Total interior livable area: 1,251 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, On Street
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Deck
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 8,276 Square Feet
- Features: Landscaped, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
Details
- Parcel number: 10828501
- Zoning description: SFR-6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Lexington Village Subdivision Unit No 1
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $256/sqft
- Tax assessed value: $374,970
- Annual tax amount: $3,209
- Date on market: 10/7/2025
- Cumulative days on market: 82 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $320,000-3%$256/sqft |
Source:  Oregon Datashare #220206498 Report a problem | ||
| 11/5/2025 | Pending sale | $330,000$264/sqft |
Source: Oregon Datashare #220206498 Report a problem | ||
| 10/24/2025 | Price change | $330,000-2.9%$264/sqft |
Source: Oregon Datashare #220206498 Report a problem | ||
| 10/7/2025 | Price change | $340,000-2.9%$272/sqft |
Source: Oregon Datashare #220206498 Report a problem | ||
| 9/22/2025 | Pending sale | $350,000$280/sqft |
Source: Oregon Datashare #220206498 Report a problem | ||
| 9/12/2025 | Price change | $350,000-1.4%$280/sqft |
Source: Oregon Datashare #220206498 Report a problem | ||
| 8/7/2025 | Price change | $355,000-1.4%$284/sqft |
Source: Oregon Datashare #220206498 Report a problem | ||
| 7/25/2025 | Listed for sale | $360,000+188%$288/sqft |
Source: Oregon Datashare #220206498 Report a problem | ||
| 2/15/2001 | Sold | $125,000$100/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,210 +38.2% | $214,870 +19.1% |
| 2023 | $2,322 +2.5% | $180,480 |
| 2022 | $2,265 +2.7% | $180,480 +3% |
| 2021 | $2,207 +2.2% | $175,230 +6.1% |
| 2020 | $2,160 +2.4% | $165,180 +3% |
| 2019 | $2,109 | $160,370 +3% |
| 2018 | $2,109 +2.6% | $155,700 |
| 2017 | $2,055 +1.8% | $155,700 +6.1% |
| 2016 | $2,018 -0.7% | $146,770 |
| 2015 | $2,031 +4% | $146,770 +6.1% |
| 2014 | $1,953 -7% | $138,350 +3% |
| 2013 | $2,099 +3.5% | $134,330 +3% |
| 2012 | $2,027 +2.2% | $130,420 +3% |
| 2011 | $1,984 +2% | $126,630 +3% |
| 2010 | $1,945 +2.7% | $122,950 +3% |
| 2009 | $1,893 -0.5% | $119,370 0% |
| 2008 | $1,902 +3.9% | $119,420 +3% |
| 2007 | $1,831 +11.9% | $115,950 +3% |
| 2006 | $1,636 +3.5% | $112,580 +3% |
| 2005 | $1,582 +2.1% | $109,310 +3% |
| 2004 | $1,549 +2.4% | $106,130 +3% |
| 2003 | $1,512 | $103,040 +3% |
| 2002 | -- | $100,040 +3% |
| 2001 | -- | $97,140 +3% |
| 2000 | -- | $94,320 |
Find assessor info on the county website
Neighborhood: 97501
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Nearby schools
GreatSchools rating
- 4/10Griffin Creek Elementary SchoolGrades: K-5Distance: 1.5 mi
- 2/10Mcloughlin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- 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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- Oregon
- Jackson County
- Medford
- 97501
- 1550 Hancock Ave
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