For SaleRisky Deal5 days on market
1501 Summit Ridge Cir
1501 Summit Ridge Cir, Medford, OR 97504, Medford, OR 97504
$563,000
Estimate®:$552,600
Listing Price
1501 Summit Ridge Cir, Medford, OR 97504
Loc: Medford, OR
Days Listed
5
Tax Assessed
$512k
Estimate®
$553k
Market Rate
Lot Size
9,148 sqft
Rent Estimate
$2,965/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Abraham Lincoln Elementary School
K-5
3.1 mi away
5
Hedrick Middle School
6-8
3.1 mi away
7
North Medford High School
9-12
3.2 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
suburbantwo-storycraftsmanbeige sidingstone veneertwo-car garagepaved drivewaygabled roofcovered porchmature treesresidentialtraditionalwell-maintained
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.64%
Total ROI
37.9%
Cash Flow
$-1,216/mo
DSCR
0.58
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,216/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Medford, OR
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-19 | Listed for sale | $563,000 | $250 |
| 2003-02-14 | Sold | $230,000 | $102 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $5,046.91 | $337,870 |
| 2023 | $4,892.23 | $328,030 |
| 2022 | $4,772.96 | $328,030 |
| 2021 | $4,649.67 | $318,480 |
| 2020 | $4,551.34 | $300,210 |
| 2019 | $4,443.8 | $291,470 |
| 2018 | $4,443.8 | $282,990 |
| 2017 | $4,329.94 | $282,990 |
| 2016 | $4,251.76 | $266,750 |
| 2015 | $4,279.66 | $266,750 |
| 2014 | $4,113.72 | $251,450 |
| 2013 | $3,814.51 | $244,130 |
| 2012 | $3,684.58 | $237,020 |
| 2011 | $3,605.85 | $230,120 |
| 2010 | $3,534.69 | $223,420 |
| 2009 | $3,440.54 | $216,920 |
| 2008 | $3,355.11 | $210,610 |
| 2007 | $3,229.17 | $204,480 |
| 2006 | $2,885.83 | $198,530 |
| 2005 | $2,788.94 | $192,750 |
| 2004 | $2,730.77 | $187,140 |
| 2003 | $2,276.45 | $155,130 |
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