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7499 Highway 238
Score
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Jacksonville, OR

7499 Highway 238

1.5M
3 bd • 3 ba • 2,384 sf

This analysis was generated on 2/25/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,495,000

Price/Sq.Ft

$627

Year Built

1998

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Large Acreage: The 40.97-acre estate provides ample space for privacy, recreation, and potential agricultural activities, such as raising horses or livestock. Approximately 10 acres are ready for pasture. • Remodeled Home: The beautifully remodeled home features modern luxury and contemporary design, offering a turn-key living experience with minimal immediate renovations needed. • Scenic Views: The property is nestled in a private valley with 360-degree views, providing a tranquil and aesthetically pleasing environment. • Chef's Kitchen: The open-concept chef's kitchen with professional-grade appliances and sleek finishes is a desirable feature for those who enjoy cooking and entertaining. • Turn-Key Elegance: The well-balanced property and turn-key estate are ready for immediate occupancy, reducing the stress and time associated with moving in.

The Bad

• High Insurance Costs: The estimated annual insurance cost of $5,382 is significantly higher than average due to the property's severe fire risk (8/10). This could impact affordability and require careful budgeting. • Air Quality: The extreme air quality risk (10/10) and 28 bad air days per year may limit outdoor activities and require indoor air purification systems. This could be a concern for buyers sensitive to air quality. • Distance to Amenities: While the property offers privacy, it is located 8.8 miles from South Medford High School and 10.3 miles from Mcloughlin Middle School, which may be inconvenient for families with older children. • Price per Square Foot: At $627.10 per square foot, the property is priced higher than some comparable properties in the Jacksonville area.

The Ugly

• **Fire Risk:** The severe fire risk (8/10) is a major concern, potentially leading to significant property damage and higher insurance premiums. Buyers should assess the cost of fire mitigation measures and potential long-term risks. • **Climate Change Impacts:** The extreme air quality risk (10/10), major heat risk (6/10), and bad air days (28 per year) suggest potential impacts from climate change. Buyers should consider the long-term implications for property value and livability. • **Past Price Fluctuations:** The property's history shows price decreases from the initial listing in 2021 ($1,650,000) to the final sale price ($1,600,000) and a further decrease to the current listing price ($1,495,000). This may indicate market challenges or pricing issues. • **Lack of Detailed Room Information:** The absence of specific room details in the listing makes it difficult to fully assess the layout and functionality of the home. Buyers should request a detailed floor plan and conduct a thorough inspection.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers seeking a private, remodeled estate with acreage for horses or livestock. The property's 40.97 acres, including approximately 10 acres of pasture, cater to equestrian enthusiasts or those interested in raising livestock. • Individuals valuing modern luxury and contemporary design in a rural setting. The remodeled home offers a chef's kitchen, open-concept layout, and panoramic views, appealing to those who appreciate high-end finishes and a tranquil environment. • Purchasers looking for a turn-key property with minimal immediate maintenance. The property's mature landscaping, sprawling lawns, and multiple patios provide a peaceful, private setting ready for immediate enjoyment. • Those who appreciate a balanced rural lifestyle with access to amenities. The location offers privacy and scenic views while remaining within a reasonable distance to schools and town amenities.

Not For

• Buyers seeking a low-maintenance property with minimal climate risks. The property's severe fire risk (8/10) and extreme air quality risk (10/10) may deter those seeking a property with fewer environmental concerns. • Individuals with a strict budget and limited tolerance for high insurance costs. The estimated annual insurance cost of $5,382, due to fire risk, may be prohibitive for some buyers. • Purchasers prioritizing proximity to highly-rated schools. While the property is near Ruch Outdoor Community School (Rating 6/10), it is a longer commute to South Medford High School (Rating 7/10) and Mcloughlin Middle School (Rating 3/10). • Those needing immediate access to urban amenities and services. The rural location and large acreage may not suit buyers who prefer a more urban lifestyle.
Demographics
Area Median Income

$79,770

Property History

Price History
Ownership Timeline
$1,600,000Financed
Sep 20, 2021
Anthony Gary Martin, Leslie Packard MartinJustin R Steffens, Clair E Steffens
Warranty Deed
Standard Sale (Purchase/Resales)

Property Taxes

$3,594
2023 Tax Assessment
3.2%from previous year
Assessed Value$304,703
Tax Rate1.18%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Middle

3.0/10
Below Average

High

7.0/10
Good

Financials

Monthly Costs
Market Rent (3 bed)

$1,040

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,495,000
Price/sqft
$627
Layout
3 bd3 ba
Days on market
102 daysat time of analysis

Stats in the Area

Based on 3 comparable properties nearby

Average Price

$402,000

271.9%

Your price is 271.9% above average

Median Price

$460,000

225.0%

Based on 3 recent sales

Price per Sq.Ft

$246

154.9%

Your price is 154.9% above average $/sqft

Comparable Properties

833 Upper Applegate Road, Jacksonville, OR 97530
Price: $566,000
Sq.Ft: 2,304
Beds/Baths: 4/3
$/Sq.Ft:
$24660.8%
Sale Date: 10/8/2024
Tumbleweed Trail #TL2105, Jacksonville, OR 97530
Price: $180,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/17/2024
Tumbleweed Trail #89, Jacksonville, OR 97530
Price: $460,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 9/14/2024

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