5508 Peace Ln, Central Point, OR 97502 Property Records

Jackson County property record for 5508 Peace Ln, Central Point, OR 97502

Property Summary

Property Type	Commercial
Details	3 bd · 2 ba · 1,722 sqft · built 1964
Lot Size	2.5 acres (108,900 sqft)
Owner	2 Individual Names on Record
Last Sale	$132,500 (May 1999)
Tax Bill	$2,704 (2025)
Deeds & Mortgages	Jun 2018 Reverse Mortgage Jun 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`361W31B4100`

Property Details

APN / Parcel Number

Primary APN	`361W31B4100`
Alternative APNs	`361W31B004100` `10181307`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	1,722 sqft Gross Area
1st Floor Area	1,722 sqft

Exterior

Year Built	Built 1964
Effective Year Built	Effective 1978
Roof Material	Other
Lot Area	108,900 sqft
Garage Type	Detached
Garage Area	600 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Deck Area	700 sqft
Patio Area	700 sqft
Shed	1 Shed
Shed Area	160 sqft

Utilities, Heating & Cooling

Cooling System	Wall Unit
Heating System	Floor/Wall Furnace

Location & Zoning

Street Address	5508 PEACE LN
City	CENTRAL POINT
State	OR
Zip	97502-3170
Property Category	Commercial
Property Type	Commercial > Retail
Local Zoning Code	RR-5
Legal Range	01W
Legal Township	36S
Legal Section	31
Legal Quarter	2
Legal Block	3
Jurisdiction	JACKSON OR
Township / Civil Division	MEDFORD
Census Block Group	3
Census Block	3073
Census Tract	1301

Owner

Source: Jackson County records, as of August 19, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	5508 PEACE LN, CENTRAL POINT, OR 97502-3170
Owner Type	Individual
Vesting	Right of Survivorship

Deeds, Mortgages & Sale History

Date	Document
Jun 25, 2018	Deed of Trust, Mortgage · Reverse Mortgage THE FEDERAL SAVINGS BANK
Jun 18, 2018	Deed of Trust, Mortgage · FHA Mortgage FEDERAL HSNG COMMISSIONER

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 21, 1999 · Amount on Record
Deed Sale	May 21, 1999 · Amount on Record
Prior Sale	Oct 27, 1997 · Amount on Record
Deed Document Number	199928112
Prior Transfer Date	Aug 20, 1997
Prior Transfer Doc	0000040075
Record Updated	Sep 20, 2026

June 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JACKSON OR
Property Address	5508 PEACE LN, CENTRAL POINT, OR 97502-3170
Transaction Type	Mortgage
Record Updated	Feb 7, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000019927
Date	Jun 25, 2018
Instrument	2018-019927

Lender

Name	THE FEDERAL SAVINGS BANK
Type	Bank
Address	CHICAGO, IL 60607

Agreement

Type	Reverse Mortgage
Amount	Amount Recorded

June 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	JACKSON OR
Property Address	5508 PEACE LN, CENTRAL POINT, OR 97502-3170
Document Number	0000019928
Instrument Date	Jun 18, 2018
Transaction Type	Mortgage
Record Updated	Sep 30, 2019
Title Company	NOT AVAILABLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	5508 PEACE LN CENTRAL POINT OR 975023170, CENTRAL POINT, OR 97502-3170

Mortgage

Document Number	0000019928
Date	Jun 25, 2018
Instrument	19928

Lender

Name	FEDERAL HSNG COMMISSIONER
Address	WASHINGTON, DC 20410

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	1032 Months

Interest

Rate Type	Adjustable Rate
Rate	4.86%

Tax Assessment & Valuation

Source: Jackson County assessment roll, as of August 19, 2026

Property Jurisdictions

Type	Name
State	Oregon
County	Jackson County
Unified School District	Central Point School District 6 (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$221,560 (+3%)	$390,400 (-1.99%) Land $180,890 Building $209,510
2025	$2,704.00 (+2.35%)	$215,110 (+3%) Land $99,280 Building $115,830	$398,320 (+25.23%) Land $181,400 Building $216,920
2024	$2,642.00 (+3.45%)	$208,850 (+3%) Land $64,730 Building $144,120	$318,070 (+17.29%) Land $148,260 Building $169,810
2023	$2,554.00 (+2.16%)	$202,770 (+3%) Land $62,840 Building $139,930	$271,180 (-20.92%) Land $156,340 Building $114,840
2022	$2,500.00	$196,870 Land $61,000 Building $135,870	$342,920 Land $159,000 Building $183,920

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 10 policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	10 in force
Nearby Flood Claims	1 (2012)
Most Recent Claim	Nov 2012 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 60% of the US · lower than 76% of Oregon
Wildfire Likelihood	0.2% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 58 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable	1,000 / 1,000
Rogue Broadband Fixed Wireless	200 / 25
FireServe Fixed Wireless	100 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: Hunter Communications, Verizon.

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