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  • $455,000

    2988 Madrona Ln, Medford, OR 97501

    3beds
    2baths
    1,560sqft
    Single Family Residence
    Built in 1954
    1.15 Acres Lot
    $454,200 Zestimate®
    $292/sqft
    $2,213 Estimated rent

    Home value

    $454,200

    $404,000 - $500,000

    $2,213/mo

    Zestimate® history
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    What's special

    Timeless characterFunctional layout
    Discover the potential in this classic 1954-built single-level home nestled on a spacious and usable 1.15-acres in South Medford, just minutes from historic Jacksonville. This property offers the perfect blend of rural charm and city convenience with city water and sewer services, plus a private well for added flexibility and irrigation. The home itself features timeless character and a functional layout, ready for your personal touch and updates. A standout feature is the oversized detached garage and shop—ideal for hobbyists, car enthusiasts, or those seeking extra workspace. With plenty of room to garden, expand, or simply enjoy the open space, this property offers rare versatility in a peaceful yet accessible location.

    Zillow last checked:

    Listing updated:

    Listed by:

    John L. Scott Medford 541-779-3611

    Bought with:

    John L. Scott Ashland

    Source: Oregon Datashare,MLS#: 220202728MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Electric, Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Cooktop, Oven
    Features
    • Built-in Features, Laminate Counters
    • Flooring: Carpet, Laminate
    • Windows: Vinyl Frames
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,560
    • Total interior livable area: 1,560 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Driveway, RV Access/Parking, Workshop in Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch, Rear Porch
    • Exterior features: RV Hookup
    • Fencing: Fenced
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 1.15 Acres
    • Features: Garden, Level, Pasture
    Details
    • Additional structures: Greenhouse, RV/Boat Storage, Shed(s), Storage, Workshop
    • Parcel number: 10431689
    • Zoning description: RR-2.5
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Well

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Medford

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/1/2025Sold$455,000+1.3%$292/sqft
    Source: Oregon Datashare #220202728 Report a problem
    6/16/2025Pending sale$449,000$288/sqft
    Source: Oregon Datashare #220202728 Report a problem
    6/9/2025Listed for sale$449,000+149.9%$288/sqft
    Source: Oregon Datashare #220202728 Report a problem
    3/9/2000Sold$179,700$115/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,147 +3.2%$259,340 +3%
    2023$3,050 +2.4%$251,790
    2022$2,979 +2.6%$251,790 +3%
    2021$2,904 +2.4%$244,460 +6.1%
    2020$2,836 +2.3%$230,430 +3%
    2019$2,772 $223,720 +3%
    2018$2,772 +2.6%$217,210
    2017$2,702 +1.6%$217,210 +6.1%
    2016$2,660 +1.9%$204,750
    2015$2,611 +4.5%$204,750 +6.1%
    2014$2,499 +8.4%$193,000 +3%
    2013$2,306 +3.4%$187,380 +3%
    2012$2,230 +1.7%$181,930 +3%
    2011$2,192 +1.6%$176,640 +2.8%
    2010$2,157 +2.6%$171,860 +3%
    2009$2,102 +2.7%$166,860 +3%
    2008$2,048 +4%$162,000 +3%
    2007$1,969 +14.9%$157,290 +3%
    2006$1,713 +3%$152,710 +3%
    2005$1,663 +4%$148,270 +3%
    2004$1,599 +3.9%$143,960 +3%
    2003$1,539 $139,770 +3%
    2002-- $135,700 +3%
    2001-- $131,750 +3%
    2000-- $127,920

    Find assessor info on the county website

    Neighborhood: 97501

    Nearby schools

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    $463,284