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2701 Brae Drive

2701 Brae Drive, Medford, OR 97501
Property in Jackson
Sold May 13, 2011
$130,000
$39,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2041
Sold Jul 12, 2005
$246,000
$196,800 by Gmac Mortgage Corp
Mortgage Due Aug 01, 2035
2701 Brae Drive has been categorized by the local assessors in Medford, OR as a residential type of property. The building on the property was first built in 1995 and is 29 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2701 Brae Drive has 1,523 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,534 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 470 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a covered porch and a patio. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of concrete. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2701 Brae Drive was last sold in May 9, 2011 for $130,000. According to our calculations, that's $65.23 per sqft. Prior to that sales transaction, the property was sold for $246,000 in Jul 7, 2005. Current property owners are expected to pay $2,840 in taxes per year. The property on 2701 Brae Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $195,170. To break that down further, the land itself was valued at $110,070. While improvements to the property were assessed at a total of $85,100. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 470
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Covered porch

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,993
  • Gross Building Area: 1,993
  • Building Area: 1,523
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,523
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDWAY PARK SUBDIVISION
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PHELPS RONALD W
  • Current Owner 2: PHELPS ANNIE I
  • Previous Owner : MATTESON JOSEPH G
  • Owner Before Previous Owner: WAUGH LILA LORRAINE
  • Owner Before Previous Owner 2: WAUGH LILA LORAIN
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Medford School District 549
  • Census Tract: 000300

Zoning

  • Zoning: SFR-10

Geography

  • Assessors Map Reference: 37S-2W-13
  • Parcel: 10860769
  • Lot: 33
  • Meridian: SEC 13 Q 1 TWN 37S RNG 02W
  • Municipality: CITY OF MEDFORD
  • Latitude: 42.3548
  • Longitude: -122.882

    Address

  • Full Address: 2701 Brae Dr
  • Address - House Number: 2701
  • Address - Street Name: Brae
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Medford
  • Carrier Code: C036
  • 4-Digit Zip Code: 7520
  • Zip Code: 97501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,840
  • Tax Rate Code Area: 4901

    Appraisal Valuation

  • Standard Deviation: 0.1852
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 373,522
  • High Value: 442,717
  • Low Value: 304,326

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $64,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 13, 2011
  • First Open Lien Mortgage Loan Amount: $39,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2041
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Apr 14, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 30, 2046

    Market Valuation

  • Market Total Value: $296,820
  • Market Land Value: $96,000
  • Market Improvement Value: $200,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,170
  • Assessed Land Value: $110,070
  • Assessed Improvements Value: $85,100

    Sales

  • Current Sale Contract Date: May 09, 2011
  • Current Sale Recording Date: May 13, 2011
  • Current Sale Transaction ID: 1200470150
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2011-014696
  • Previous Sale Recording Date: Jul 12, 2005
  • Previous Sale Contract Date: Jul 07, 2005
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 13, 2011
  • First Mortgage Loan Amount: $39,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: GMAC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 12, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $196,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Medford



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Frequently Asked Questions

What neighborhood is 2701 Brae Drive located in?
The 2701 Brae Drive is a located in the neighborhood of Jackson in Medford, Medford.
What is the average sales price for listings in 2701 Brae Drive?
The average sales price for units in 2701 Brae Drive is $0 currently.

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