See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1403 Larson Creek Dr, Medford, OR, 97504

3beds
2baths
1,586sqft
$465,000
$293price/sqft
$3,216/moest. monthly cost
$128,640/yrincome needed

About This Home

Very well-maintained and move-in ready, this beautiful 3-bedroom, 2-bath home is filled with natural light from large windows, creating a warm and inviting atmosphere throughout. Step outside to a covered patio overlooking beautifully landscaped grounds, perfect for relaxing or entertaining. Additional features include a spacious two-car garage, RV parking, and fully landscaped front and back yards with an automatic sprinkler system. Located in a peaceful, established neighborhood with walkable streets and convenient access to shopping, this home offers an ideal blend of comfort and convenience. The home is equipped with solar panels, with the seller to pay the remaining balance in full at closing, allowing the new owner to enjoy the benefits of energy efficiency without the remaining cost. Eligible buyers may also have the opportunity to assume the seller's VA loan at an attractive 3.75% interest rate, subject to VA eligibility and lender approval.

Getting Around

34
WalkingCar-Dependent
0
TransitNo Nearby Transit
62
BikeBikeable

Schools

5/10
3/10
Talent Middle SchoolGrades 6-85.1 mi
6/10
Phoenix High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1996

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

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

Interior

Appliances

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

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Ceiling Fan(s),Primary Downstairs,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Double Pane Windows
  • Flooring: Carpet,Laminate,Tile
  • Common walls with other units/homes: No Common Walls,No One Above,No One Below

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 1,586
  • Total interior livable area: 1,586 sqft

Property

Details

  • Parcel number: 10868651
  • Zoning description: SFR-4
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio
  • Fencing: Fenced
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 8,276 sqft
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Winter Weather
Earthquake
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 $2,351$28,212
Home Insurance *$113$1,356
Property Taxes $576$6,912
Electricity $176$2,119
Total$3,216$38,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,262/yr
40% on housing$96,480/yr
45% on housing$85,760/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

$293This 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
2026-07-29Listed for sale$465,000
2020-08-05Sold$340,000
2020-06-08Pending sale$350,000
2020-05-14Price change$350,000
2020-04-23Listed for sale$375,000
2015-04-16Sold$243,700
2015-04-01Pending sale$264,500
2015-03-18Price change$264,500
2015-02-18Listed for sale$264,900
2001-04-23Sold$175,000

For Sale by Agent

AgentRutledge Property Group
BrokerageeXp Realty, LLC

Similar Homes