Seller's Agent in 2026
Laura Oviatt
BHHS Oregon- Northwest
(503) 550-6034
118 Total Sales
1094 S Pennington Dr Newberg, OR 97132
4
Beds
6
Baths
2,624
Sq Ft
0.26
Acres
Highlights
- Seasonal View
- 2 Car Attached Garage
- Level Lot
- No HOA
- Zoned Heating
About This Home
As of January 2026Prime Investment Opportunity in North Newberg Near George Fox University! This well-located duplex features two spacious units—each offering 2 primary suites, a main-level half bath, a nice sized kitchen and an open great room. Both units include fully fenced yards and a single-car garage. Sitting on a large lot, there's exciting potential for development—city may allow the lot to be developed, add another unit, or even build a single-family home (Buyer to verify all potential uses with the city). Unbeatable location close to George Fox University, Chehalem Cultural Center, Chehalem Park & Rec, local parks, shopping, dining and countless vineyards and wineries. Please do not disturb tenants. Offers should be made subject to interior inspection of Unit 2. Buyer to honor existing tenants at closing. Don’t miss this versatile and rare opportunity within walking distance to GFU & in the heart of wine country!
Last Agent to Sell the Property
Berkshire Hathaway HomeServices NW Real Estate License #200606089 Listed on: 07/24/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,485
Year Built
- Built in 2005
Lot Details
- 0.26 Acre Lot
- Level Lot
- Flag Lot
Parking
- 2 Car Attached Garage
Home Design
- Composition Roof
- Cement Siding
Interior Spaces
- 2,624 Sq Ft Home
- 2-Story Property
- Seasonal Views
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Bathrooms
Schools
- Joan Austin Elementary School
- Mountain View Middle School
- Newberg High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Listing and Financial Details
- Rent includes water
- Assessor Parcel Number 526636
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,313
- Gross Income $43,560
- Net Operating Income $39,247
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2025
Closed on
Dec 23, 2025
Sold by
Clemons Lora and Margaret Bollinger Revocable Living Trus
Bought by
Bikmurzin Maksim
Seller's Agent
Laura Oviatt
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Blanca Gonzalez
MORE Realty
List Price
$699,000
Sold Price
$610,000
Premium/Discount to List
-$89,000
-12.73%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
244.04%
Original Mortgage
$410,000
Outstanding Balance
$410,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$263,377
Purchase Details
Closed on
Mar 26, 2008
Sold by
Marugg Gregory S
Bought by
Margaret Bollinger Revocable Living Tr
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Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $610,000 | Ticor Title | |
| Warranty Deed | $349,760 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $410,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/09/2026 01/09/26 | Sold | $610,000 | -6.0% | $232 / Sq Ft |
| 12/14/2025 12/14/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | Price Changed | $649,000 | -7.2% | $247 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $699,000 | -- | $266 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,485 | $277,917 | -- | -- |
| 2024 | $4,313 | $269,822 | -- | -- |
| 2023 | $4,165 | $261,963 | $0 | $0 |
| 2022 | $4,053 | $254,333 | $0 | $0 |
| 2021 | $3,944 | $246,925 | $0 | $0 |
| 2020 | $3,551 | $239,733 | $0 | $0 |
| 2019 | $3,503 | $232,750 | $0 | $0 |
| 2018 | $3,522 | $225,971 | $0 | $0 |
| 2017 | $3,744 | $219,389 | $0 | $0 |
| 2016 | $3,668 | $212,999 | $0 | $0 |
| 2015 | $3,602 | $206,798 | $0 | $0 |
| 2014 | $3,360 | $200,777 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Oviatt
-
Blanca Gonzalez
Buyer's Agent in 2026
Blanca Gonzalez
MORE Realty
(503) 869-4701
37 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 216845298
APN: 526636
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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