Closed

$649,500

4278 W Main St, Medford, OR 97501

3beds

2baths

1,736sqft

Single Family Residence

Built in 1968

8.56 Acres Lot

$654,800 Zestimate^®

$374/sqft

$2,390 Estimated rent

Home value

$654,800

$602,000 - $707,000

$2,390/mo

Zestimate^® history

Owner options

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$2,390/mo

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$2,390/mo

Rent Zestimate^®

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$3,921/mo

Est. payment

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$3,921/mo

Est. payment

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What's special

Rural irrigated farm propertyLarge front yardAbundance of irrigated pastureLovely character

Welcome to 4278 West Main street. A rural irrigated farm property conveniently located in desirable west Medford. Only minutes from downtown Medford and Jacksonville. This exceptional rural property situated on over 8.5 acres lends itself to tons of possibilities, could be used as a family farm, farmstand, vineyard, orchard, 4H projects and more. This 3 bed 2 bath 1742 sq ft single level home has a lovely character and sits just far enough off the roadway. The U shaped property has a large front yard and provides ample space in the back and sides of the home. The abundance of irrigated pasture can keep the property taxes manageable if kept in a farm deferral status. This hard to find irrigated EFU property is ideally located with two onsite wells, garage, additional shop building and large barn out back. This property has loads of potential. Set up a showing today! Irrigation acreage is not verified. Exact acreage to come out in prelim.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Heat Pump, Natural Gas

Cooling

Central Air, Heat Pump

Appliances

Included: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range Hood, Refrigerator, Water Heater, Water Purifier, Water Softener

Features

Ceiling Fan(s), Double Vanity, Granite Counters, Shower/Tub Combo
Flooring: Hardwood, Tile
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,736
Total interior livable area: 1,736 sqft

Property

Parking

Total spaces: 2
Parking features: Asphalt, Driveway
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Patio
Has view: Yes
View description: Mountain(s)

Lot

Size: 8.56 Acres
Features: Landscaped, Level, Pasture

Details

Additional structures: Barn(s)
Parcel number: 10466949
Zoning description: EFU
Special conditions: Standard

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: 1968

Utilities & green energy

Sewer: Public Sewer
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Medford

Financial & listing details

Price per square foot: $374/sqft
Tax assessed value: $701,620
Annual tax amount: $4,594
Date on market: 8/25/2024
Cumulative days on market: 14 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Has irrigation water rights: Yes
Acres allowed for irrigation: 8
Road surface type: Paved

Price history

Date	Event	Price
12/31/2024	Sold	$649,500$374/sqft
Source: Oregon Datashare #220187429 Report a problem
8/31/2024	Pending sale	$649,500$374/sqft
Source: Oregon Datashare #220187429 Report a problem
8/25/2024	Listed for sale	$649,500$374/sqft
Source: Oregon Datashare #220187429 Report a problem
8/12/2024	Pending sale	$649,500$374/sqft
Source: Oregon Datashare #220187429 Report a problem
8/1/2024	Listed for sale	$649,500+30.2%$374/sqft
Source: Oregon Datashare #220187429 Report a problem
1/17/2019	Sold	$499,000$287/sqft
Source: Oregon Datashare #102996637 Report a problem
1/12/2019	Listing removed	$2,200$1/sqft
Source: Expert Properties Report a problem
12/7/2018	Listed for sale	$499,000+76.6%$287/sqft
Source: Expert Properties Inc. #2996637 Report a problem
12/1/2018	Listed for rent	$2,200$1/sqft
Source: Expert Properties Report a problem
8/3/2018	Listing removed	$2,200$1/sqft
Source: Expert Properties Report a problem
7/31/2018	Listed for rent	$2,200$1/sqft
Source: Expert Properties Report a problem
5/30/2014	Sold	$282,500-33.7%$163/sqft
Source: Oregon Datashare #102946638 Report a problem
6/20/2006	Sold	$426,000$245/sqft
Source: Public Record Report a problem
3/20/2006	Sold	$426,000$245/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,741 +3.2%	$371,520 +3%
2023	$4,595 +2.4%	$360,700
2022	$4,486 +2.6%	$360,700 +3%
2021	$4,373 +57.1%	$350,200 +62.7%
2020	$2,783 -2.5%	$215,189 +3%
2019	$2,856	$208,925 +3%
2018	$2,856 +7.7%	$202,846
2017	$2,650 +1.7%	$202,846 +6.1%
2016	$2,607 +1.9%	$191,208
2015	$2,558 +4.4%	$191,208 +6.1%
2014	$2,450 +11.9%	$180,243 +6.1%
2012	$2,189 +1.8%	$169,899 +3%
2011	$2,150 +1.6%	$164,960 +2.7%
2010	$2,116 -2.7%	$160,605 +3%
2009	$2,174 +15.7%	$155,932 +10.1%
2008	$1,879 -22.6%	$141,675 -23.3%
2007	$2,429 +97.3%	$184,792 +78.2%
2006	$1,231 +3.1%	$103,684 +2.9%
2005	$1,194 +2%	$100,791 +2.7%
2004	$1,171 -4%	$98,131 +2.9%
2003	$1,220	$95,396 +0.2%
2002	--	$95,210 +3%
2001	--	$92,450 +3%
2000	--	$89,770