Closed

$390,000

31 Chestnut St, Medford, OR 97501

4beds

1,740sqft

Multi Family

Built in 1927

-- sqft lot

$412,200 Zestimate^®

$224/sqft

$1,700 Estimated rent

Home value

$412,200

$383,000 - $441,000

$1,700/mo

Zestimate^® history

Owner options

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$1,700/mo

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$1,700/mo

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$2,355/mo

Est. payment

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$2,355/mo

Est. payment

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What's special

Detached garageOpen livingSmall bonus roomLaundry room

Two home on one property! Great potential investment opportunity. Live in one and rent out the other. Or a multi family setup. Lots of options! The front unit was built in 1927 and has been updated throughout. It's a one bedroom, one full bath with a small bonus room that could be used as another bedroom without a closet. Nice size living area and kitchen with laundry room. Private, fenced backyard. Back unit was added to the property in 2010 and is a three bedroom, two full baths with an open living and kitchen area. Detached garage with driveway and additional parking behind the garage. Private, fenced front and side yards. Great rental history with awesome tenants who wish to stay.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

Electric

Cooling

Central Air

Appliances

Included: Dryer, Range, Washer, Water Heater

Features

Ceiling Fan(s), Granite Counters, Shower/Tub Combo
Flooring: Carpet, Laminate, 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: 1,740
Total interior livable area: 1,740 sqft

Property

Parking

Parking features: Detached, Driveway, On Street
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1

Lot

Size: 7,405 Square Feet

Details

Parcel number: 10404981
Zoning description: Sfr-10
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Multi Family

Materials

Frame
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1927

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Subdivision: West Walnut Park Addition

HOA

Has HOA: No

Location

Region: Medford

Financial & listing details

Price per square foot: $224/sqft
Tax assessed value: $425,520
Annual tax amount: $2,415
Date on market: 9/20/2023
Cumulative days on market: 127 days
Listing terms: Cash,Conventional
Inclusions: #1 - Washer/Dryer. #2 - Washer/Dryer, Fridge
Exclusions: #1 - Fridge

Price history

Date	Event	Price
2/27/2024	Sold	$390,000+0.8%$224/sqft
Source: Oregon Datashare #220171521 Report a problem
1/25/2024	Pending sale	$387,000$222/sqft
Source: Oregon Datashare #220171521 Report a problem
9/20/2023	Listed for sale	$387,000+453.6%$222/sqft
Source: Oregon Datashare #220171521 Report a problem
10/22/2009	Listing removed	$69,900$40/sqft
Source: Windermere/Investors Marketplace, Inc. #2905548 Report a problem
9/24/2009	Listed for sale	$69,900+39.8%$40/sqft
Source: Windermere/Investors Marketplace, Inc. #2905425 Report a problem
5/30/2008	Sold	$50,000$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,554 +3.2%	$171,000 +3%
2023	$2,476 +2.5%	$166,020
2022	$2,416 +2.7%	$166,020 +3%
2021	$2,353 +2.2%	$161,190 +6.1%
2020	$2,304 +2.4%	$151,950 +3%
2019	$2,249	$147,530 +3%
2018	$2,249 +2.6%	$143,240
2017	$2,192 +1.8%	$143,240 +6.1%
2016	$2,152 -0.7%	$135,020
2015	$2,166 +4%	$135,020 +6.1%
2014	$2,082 +5%	$127,280 +0.7%
2013	$1,982 +25.5%	$126,360 +22.2%
2012	$1,580 +17.6%	$103,380 +19.9%
2011	$1,343 +2.2%	$86,250 +3.9%
2010	$1,314 +2.7%	$83,040 +3%
2009	$1,279 +6.5%	$80,630 +6.1%
2007	$1,200 +11.9%	$76,010 +3%
2006	$1,073 +3.5%	$73,800 +3%
2005	$1,037 +2.1%	$71,660 +3%
2004	$1,015 +2.4%	$69,580 +3%
2003	$991	$67,560