Cardinal - New Spirit Village
Property Photos
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About This Property
This new construction charming one-story home has 2 bed and 2 bath. 917 sq ft. Home includes brand new appliances in the kitchen and also includes washer and dryer. Parking spot on the side of the home with a side door for easy access.
The land under the home is eligible for a tax exemption from Jackson County. There currently is a $422 fee to apply for this exemption and requires annual renewal to keep the exemption.
Listed by Realtor Jacob Ghena of More Realty. For more information call/text 541-897-9898 or jacob@jacob.realtor.
181 New Spirit Way, Medford, OR - AVAILABLE
190 New Spirit Way, Medford, OR - AVAILABLE
More Information:
For more information about this property, contact Realtor Jacob Ghena of More Realty. For more information call/text 541-897-9898 or jacob@jacob.realtor.
Application Deadline - 12pm on Tue, December 9th
Open House! Saturday Nov 22nd from 1:30pm - 4pm
Property Details
Address:
181 New Spirit Way, Medford, OR - AVAILABLE
190 New Spirit Way, Medford, OR - AVAILABLE
Year Built: 2025
Est. Sq. Ft.: 917
Estimated Monthly Payment: $1,783 -$1,873/mo.*
Estimated monthly HOA/Condo fees: $45
Estimated Appraised Value:
Estimated Monthly Property Taxes: $193/mo.
Proud Ground Monthly Fee: $51.50
Estimated Recording Fees: $800
Max. front end/housing ratio: 38%
Max. back-end ratio: 45%
Minimum home buyer contribution to purchase: $500
1st time homebuyer required?: No
Land Lease or Covenant? Land Lease
*Payment amount assumes 6% interest on a 30-year, fixed-rate FistHome loan of $239,500 - $254,500 with a $500 down payment and payment includes property taxes, insurance, service fee & HOA fees, if applicable.
To comfortably afford this home, we recommend an annual household income of at least $56,000-$59,000. If your income is under this amount it might be difficult to qualify for the home loan.
Owner-occupancy, resale, and other restrictions apply. Final monthly payment and down-payment amount will be determined by the lender based on current interest rates.
Income Qualification
To qualify for this home, your total household income must be at or below a specific amount, based on household size. Proud Ground calculates your income by reviewing recent pay information and accounting for any expected raises or additional income that might occur during the first year you own your home. Household income includes gross annual income (before taxes), commissions, overtime, bonuses, child support, alimony, pensions, benefits, and income from anyone 18 or older living in the home, even if they’re not on the loan. Once you have purchased your home, no additional income certification is required. This is a strict guideline and no exceptions to maximum income limits can be made.
Please review the table to see if you qualify.
| Household Size | $240,000 Price Maximum Household Income | $255,000 Price Maximum Household Income |
|---|---|---|
| 1 | $51,750 | $77,600 |
| 2 | $59,150 | $88,700 |
| 3 | $66,550 | $99,750 |
| 4 | $73,900 | $110,850 |
| 5 | $79,850 | $119,750 |
Application Deadline - 12pm on Tue, December 9th
Funding Support Provided By
