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708 Terrazzo Way

Medford, OR 97501

2 bd 1 ba 1,101 sqft Built 2021 Lot 6,098 sqft single_family
Most recent sale
$319,900
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $319,900 Public Record
Jan 12, 2022 Listed $319,900 MLS #220114420

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,060 $85,990 $231,050 $3,319
2024 $145,060 $85,990 $231,050 $3,250
2023 $136,750 $81,050 $217,800 $3,248
2022 $43,210 $77,080 $120,290 $1,802
2021 $58,800 $58,800 $884

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,101 sqft
Lot size
6,098 sqft
ZIP code
97501
City
Medford
Street
Terrazzo Way
Coordinates
42.29947, -122.87560

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,202
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value

Frequently asked questions

When did 708 Terrazzo Way last sell?
708 Terrazzo Way most recently sold on May 27, 2022 for $319,900.
What is the current tax assessment for 708 Terrazzo Way?
The most recent total assessment for 708 Terrazzo Way (year 2025) is $231,050 with $3,319 in property tax.
How does 708 Terrazzo Way's assessment compare to its last sale price?
The current assessment is 27.8% below the last sale price of $319,900.
When was 708 Terrazzo Way built?
708 Terrazzo Way was built in 2021.
How does 708 Terrazzo Way compare to others on Terrazzo Way?
We track 8 other properties on Terrazzo Way. Browse the list under "Other properties on Terrazzo Way" to compare beds, baths, and sale history.
What are the property facts for 708 Terrazzo Way?
708 Terrazzo Way is a 2 bed, 1 bath, 1,101 sqft, 6,098 sqft lot single_family.
Is 708 Terrazzo Way a flip candidate?
No — 708 Terrazzo Way does not appear in our flips dataset.
Is 708 Terrazzo Way a tax-appeal candidate?
No — 708 Terrazzo Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$431.5K
2026 Q4
$432.6K
ZIP 97501 — Median Price History + Forecast

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