$195,000
$185,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
140 Esperanza CT #Lot 8 Medford, OR 97501
1 Bed
1 Bath
626 SqFt
Key Details
Sold Price $195,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 626 sqft
Price per Sqft $311
MLS Listing ID 220193752
Sold Date 06/02/25
Style Bungalow
Bedrooms 1
Full Baths 1
HOA Fees $45
Year Built 2024
Annual Tax Amount $1,350
Property Sub-Type Single Family Residence
Property Description
New Spirit Village is a visionary community offering affordable homeownership through thoughtfully designed new construction homes. These charming 1-, 2-, and 3-bedroom frame-built residences feature cottage-style exteriors, inviting covered front porches, modern open layouts, private fenced yards, and scenic cobblestone streets. Adjacent to the 8-acre Lewis Park, residents enjoy outdoor amenities such as a running path, playground, ball court, natural creek area, and expansive open lawns for recreation and relaxation. Everyday conveniences, including grocery stores, restaurants, and bus stops, are less than 1/4 mile away. New Spirit Village operates on a pay-it-forward model, offering homes at below-market prices. To ensure affordability for future generations, homes are resold below market value. Long-term affordability is maintained by holding the land in a not-for-profit Community Land Trust, with resale, owner-occupancy, income, and other restrictions in place.
Location
State OR
County Jackson
Direction From West Main turn on to Lozier Ln. Take next left onto Meadows Ln and arrive at subdivision.
Rooms
Basement None
Interior
Interior Features Open Floorplan, Shower/Tub Combo
Heating Ductless, Heat Pump
Cooling Ductless, ENERGY STAR Qualified Equipment
Exterior
Parking Features Driveway, No Garage
Amenities Available Landscaping
Roof Type Composition
Garage No
Building
Entry Level One
Foundation Slab
Builder Name Outlier Construction
Water Public
Architectural Style Bungalow
Structure Type Frame
New Construction Yes
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 372W26DA2200
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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