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2987 Delta Waters Rd, Medford, OR, 97504

5beds
3baths
1,596sqft
$515,000
$323price/sqft
$3,547/moest. monthly cost
$141,880/yrincome needed

About This Home

Are you needing extra space? This property has it all! Sitting on a spacious .36-acre corner lot in the heart of Medford's east side, you'll have room for anything and everything. At 1,596 sq ft plus an additional 700 sq ft of finished interior space per the seller, this home is perfect for a multiple living situation with room to spare. The kitchen is open concept with granite counters, stainless steel appliances and plenty of storage. Out front, the yard features low maintenance and zen-like landscaping, while the back yard has plenty of room and a blank slate to make it how you wish. Complete with RV parking on the side, this home is truly a delight. Schedule a tour today and discover for yourself!

Getting Around

10
WalkingCar-Dependent
0
TransitNo Nearby Transit
37
BikeSomewhat Bikeable

Schools

3/10
Hedrick Middle SchoolGrades 6-82.1 mi
7/10
North Medford High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Oven,Range,Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Breakfast Bar,Double Vanity,Granite Counters,Open Floorplan,Pantry,Primary Downstairs,Shower/Tub Combo,Solar Tube(s)
  • Window features: Double Pane Windows
  • Flooring: Concrete,Laminate,Tile
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,596
  • Total interior livable area: 1,596 sqft

Property

Details

  • Parcel number: 10423114
  • Zoning description: SFR-4
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced
  • Has view: Yes
  • View description: Neighborhood,Territorial

Lot

  • Lot size: 0.36 Acres
  • Features: Corner Lot,Level

Parking

  • Total spaces: 1
  • Parking features: Attached,Concrete,Driveway,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Heat Wave
Inland Flooding

FEMA Declared Disasters in Jackson County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,604$31,248
Home Insurance *$125$1,500
Property Taxes $642$7,704
Electricity $176$2,119
Total$3,547$42,564
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,611/yr
40% on housing$106,410/yr
45% on housing$94,586/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$323This listing

vs Other Active Listings

Avg $/sqft

ZIP 97504$256
Jackson County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 97504$270
Jackson County$265

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-31Listed for sale$515,000
2025-01-10Sold$465,000
2024-12-11Pending sale$465,000
2024-11-21Listed for sale$465,000
2023-03-10Listing removed$450,000
2023-02-11Pending sale$450,000
2023-01-17Listed for sale$450,000
2022-09-08Listing removed--
2022-08-22Listed for sale$460,000
2018-03-16Sold$300,000
2018-02-19Pending sale$320,000
2018-01-09Listed for sale$320,000
2018-01-05Pending sale$320,000
2017-11-22Price change$320,000
2017-11-10Listed for sale$325,000
2017-11-02Pending sale$325,000
2017-10-12Price change$325,000
2017-09-26Price change$335,000
2017-09-12Listed for sale$350,000
2011-04-29Sold$75,000
2010-12-30Price change$95,000
2010-10-30Price change$110,000
2010-07-03Price change$135,000
2010-06-26Price change$158,500
2010-06-09Listed for sale$110,000

For Sale by Agent

AgentBenjamin Kinney
BrokerageJohn L. Scott Medford

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