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  • $640,000

    Cherry Ln, Medford, OR 97504

    --beds
    0baths
    28.8Acres
    Investment, Land
    Built in ----
    28.8 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,806 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,806/mo

    Zestimate® history
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    What's special

    An exceptional 28.8-acre site in East Medford. While ideally suited for development, 0 Cherry Lane is also a viable option as a homesite, positioned adjacent to the city limits of Medford and directly in the path of future infrastructure expansion (within <1,500'). Well-positioned within the UGB, this property offers the potential to build a family estate with exceptional views, or just maintain as a low-tax pasture or recreational land, and enjoy significant future potential. The south-facing property offers sweeping views, ensuring that nearly every future home can enjoy an impressive vista stretching to Mt. Ashland, the Cascade and Siskiyou Mountains, nearby golf courses, and the eastern foothills of the Rogue Valley. Less than five minutes to the north, Prescott Park (Roxy Ann Peak) offers over 17 miles of hiking and biking trails and is one of the most accessible and desirable parks in the Rogue Valley. Buyers are advised to conduct all due diligence regarding any development.

    Zillow last checked:

    Listing updated:

    Listed by:

    Merit Commercial RE, LLC 541-608-6704

    Bought with:

    Home Quest Realty

    Source: Oregon Datashare,MLS#: 220188683MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has fireplace: No

    Property

    Features
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s), City, Neighborhood, Panoramic, Ridge, Territorial, Valley
    Lot
    • Size: 28.80 Acres
    • Features: Pasture, Sloped
    Details
    • Parcel number: 10425715
    • Zoning description: EFU
    • Special conditions: Standard

    Utilities & green energy

    • Sewer: None
    • Water: None
    • Utilities for property: None

    Community & neighborhood

    Location
    • Region: Medford

    Other

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

    Price history

    DateEventPrice
    1/30/2025Sold$640,000-8.6%
    Source: Oregon Datashare #220188683 Report a problem
    12/12/2024Pending sale$700,000
    Source: Oregon Datashare #220188683 Report a problem
    8/22/2024Listed for sale$700,000
    Source: Oregon Datashare #220188683 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,580 +3%$368,070 +3%
    2023$3,477 +2.8%$357,350
    2022$3,381 +2%$357,350 +3%
    2021$3,314 +1.9%$346,950 +6.1%
    2020$3,253 +2.5%$327,040 +3%
    2019$3,173 $317,520 +3%
    2018$3,173 +2.5%$308,280
    2017$3,095 +1.2%$308,280 +6.1%
    2016$3,060 +1.7%$290,600
    2015$3,008 +4.9%$290,600 +9.1%
    2014$2,868 $266,440

    Find assessor info on the county website

    Neighborhood: 97504

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hoover Elem
    • Middle: Oakdale 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.