For SaleRisky Deal2 days on market
2454 Herrington Way
2454 Herrington Way, Medford, OR 97504, Medford, OR 97504
$685,000
Listing Price
2454 Herrington Way, Medford, OR 97504
Loc: Medford, OR
Days Listed
2
Tax Assessed
$667k
Lot Size
10,019 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Abraham Lincoln Elementary School
K-5
1 mi away
5
Hedrick Middle School
6-8
2 mi away
7
North Medford High School
9-12
1.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-levelsuburbantwo-storytwo-car garagestone veneervinyl sidingarch windowconcrete drivewaylandscapedresidentialcontemporarycurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.10%
Total ROI
91.4%
Cash Flow
$-74/mo
DSCR
0.98
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-74/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.1%)
- • Strong rental demand in Medford
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $685,000 | $294 |
| 2019-06-14 | Sold | $485,000 | $208 |
| 2019-04-24 | Pending sale | $499,000 | $214 |
| 2019-04-10 | Price change | $499,000 | $214 |
| 2019-03-15 | Listed for sale | $519,000 | $223 |
| 2016-09-15 | Listing removed | $88,000 | $38 |
| 2016-05-12 | Price change | $88,000 | $38 |
| 2016-02-25 | Listed for sale | $89,000 | $38 |
| 2013-08-15 | Listing removed | $90,000 | $39 |
| 2013-06-01 | Listed for sale | $90,000 | $39 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $5,622.02 | $376,370 |
| 2023 | $5,449.72 | $365,410 |
| 2022 | $5,316.84 | $365,410 |
| 2021 | $5,179.4 | $354,770 |
| 2020 | $5,069.85 | $334,410 |
| 2019 | $4,949.99 | $324,670 |
| 2018 | $4,949.99 | $138,350 |
| 2017 | $2,116.85 | $97,880 |
| 2016 | $1,470.6 | $92,270 |
| 2015 | $1,480.36 | $92,270 |
| 2014 | $1,423.02 | $86,990 |
| 2013 | $1,263.52 | $80,400 |
| 2012 | $1,204.32 | $78,820 |
| 2011 | $1,316.72 | $84,460 |
| 2010 | $1,297.31 | $82,000 |
| 2009 | $1,262.84 | $79,620 |
| 2008 | $1,231.57 | $77,310 |
| 2007 | $1,185.35 | $75,060 |
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