502 Nicholas Lee Dr
Medford, OR 97501
3 bd 2 ba 1,480 sqft Built 2022 Lot 5,663 sqft single_family
Most recent sale
$417,000
Aug 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 25, 2022 | Sold | $417,000 | MLS #220148803 |
| Jun 26, 2022 | Listed | $417,000 | MLS #220148803 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $187,550 | $70,510 | $258,060 | $3,254 |
| 2024 | $187,550 | $70,510 | $258,060 | $3,186 |
| 2023 | $176,800 | $66,460 | $243,260 | $3,184 |
| 2022 | — | $50,470 | $50,470 | $756 |
| 2021 | — | $49,000 | $49,000 | $736 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,480 sqft
Lot size
5,663 sqft
ZIP code
97501
City
Medford
Street
Nicholas Lee Dr
Coordinates
42.32999, -122.89741
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,960
Gross rental yield
8.52%
Implied cap rate
5.54%
Trend-extrapolated value
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Frequently asked questions
When did 502 Nicholas Lee Dr last sell?
502 Nicholas Lee Dr most recently sold on Aug 25, 2022 for $417,000.
What is the current tax assessment for 502 Nicholas Lee Dr?
The most recent total assessment for 502 Nicholas Lee Dr (year 2025) is $258,060 with $3,254 in property tax.
How does 502 Nicholas Lee Dr's assessment compare to its last sale price?
The current assessment is 38.1% below the last sale price of $417,000.
When was 502 Nicholas Lee Dr built?
502 Nicholas Lee Dr was built in 2022.
How does 502 Nicholas Lee Dr compare to others on Nicholas Lee Dr?
We track 8 other properties on Nicholas Lee Dr. Browse the list under "Other properties on Nicholas Lee Dr" to compare beds, baths, and sale history.
What are the property facts for 502 Nicholas Lee Dr?
502 Nicholas Lee Dr is a 3 bed, 2 bath, 1,480 sqft, 5,663 sqft lot single_family.
Is 502 Nicholas Lee Dr a flip candidate?
No — 502 Nicholas Lee Dr does not appear in our flips dataset.
Is 502 Nicholas Lee Dr a tax-appeal candidate?
No — 502 Nicholas Lee Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$431.5K
2026 Q4
$432.6K
ZIP 97501 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Nicholas Lee Dr