724 Terrazzo Way
Medford, OR 97501
2 bd 1 ba 1,100 sqft Built 2021 Lot 6,534 sqft single_family
Most recent sale
$275,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 27, 2023 | Sold | $275,000 | Public Record |
| Jun 30, 2022 | Sold | $275,000 | MLS #220114765 |
| Apr 12, 2022 | Listed | $275,000 | MLS #220114765 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $146,020 | $86,000 | $232,020 | $3,333 |
| 2024 | $146,020 | $86,000 | $232,020 | $3,264 |
| 2023 | $137,650 | $81,060 | $218,710 | $3,261 |
| 2022 | $35,820 | $77,080 | $112,900 | $1,692 |
| 2021 | — | $58,800 | $58,800 | $884 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,100 sqft
Lot size
6,534 sqft
ZIP code
97501
City
Medford
Street
Terrazzo Way
Coordinates
42.29947, -122.87606
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,200
Gross rental yield
9.60%
Implied cap rate
6.24%
Trend-extrapolated value
—
Frequently asked questions
When did 724 Terrazzo Way last sell?
724 Terrazzo Way most recently sold on Jun 30, 2022 for $275,000.
What is the current tax assessment for 724 Terrazzo Way?
The most recent total assessment for 724 Terrazzo Way (year 2025) is $232,020 with $3,333 in property tax.
How does 724 Terrazzo Way's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $275,000.
When was 724 Terrazzo Way built?
724 Terrazzo Way was built in 2021.
How does 724 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 724 Terrazzo Way?
724 Terrazzo Way is a 2 bed, 1 bath, 1,100 sqft, 6,534 sqft lot single_family.
Is 724 Terrazzo Way a flip candidate?
No — 724 Terrazzo Way does not appear in our flips dataset.
Is 724 Terrazzo Way a tax-appeal candidate?
No — 724 Terrazzo Way 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
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