NOT LISTED FOR SALE

1401 E 2nd St Newberg, OR 97132

Estimated Value: $700,000 - $900,000

4 Beds
3 Baths
3,200 Sq Ft
$250/Sq Ft Est. Value

Last Sold April 06, 2015

Last sale price $440,000 $138 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,725/month

137 Days on Market

Highlights

  • Wood Flooring
  • Garage
  • Level Lot
  • Parking Storage or Cabinetry
  • Washer and Dryer

About This Home

As of April 2015

**All units rented,$1800 per unit; $3600 total. Leased August 2014-August 2015** Spacious 2 level brand new townhomes. Stainless steel appliances including Washer/ Dryer. Just through the park to George Fox University. Beautiful, warm, inviting kitchen with quartz countertops, glass tile backsplash and upscale hardwood floors. 4 large upstairs bedrooms. Garage. Great for student housing.

Last Agent to Sell the Property

Joshua Friberg

Keller Williams Sunset Corridor License #200908054 Listed on: 05/15/2014

Last Buyer's Agent

Darcie VanderZanden

Keller Williams Sunset Corridor License #200004037

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,329

Year Built

  • Built in 2014

Lot Details

  • Level Lot

Parking

  • Garage
  • Parking Storage or Cabinetry

Home Design

  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Range
  • Washer and Dryer

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,329

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3200
  • Stories: 2
  • Year Built: 2014
  • Year Built Description: New Construction
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: LOT 25 BLOCK B HOBSONS ADDITION = 013499 SQ FT LT 25
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer, Wood Floors

Lot Info

  • Lot Description: Level
  • Zoning: R-2

Tax Info

  • Tax Amount: 683.00
  • Assessor Parcel Number: 60249

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.27

MLS Schools

  • Elementary School: Edwards
  • High School: Newberg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2014
Closed on
Apr 3, 2015
Sold by
Toby Townhomes Llc
Bought by
Ashcroft Timothy N
Seller's Agent
Joshua Friberg
Keller Williams Sunset Corridor
Buyer's Agent
Darcie VanderZanden
Keller Williams Sunset Corridor
List Price
$460,000
Sold Price
$440,000
Premium/Discount to List
-$20,000
-4.35%
Current Estimated Value
$800,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,423
Avg. Annual Appreciation
5.76%
Original Mortgage
$300,000
Outstanding Balance
$106,210
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$694,213

Purchase Details

Closed on
Dec 2, 2014
Sold by
Toby Townhomes Llc
Bought by
Toby Townhomes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ashcroft Timothy N $440,000 Western Title
Toby Townhomes Llc -- Western Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashcroft Timothy N $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2015 04/06/15 Sold $440,000 -4.3% $138 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $460,000 -- $144 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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 $6,329 $392,244 -- --
2024 $6,087 $380,819 -- --
2023 $5,879 $369,727 $0 $0
2022 $5,721 $358,958 $0 $0
2021 $5,566 $348,503 $0 $0
2020 $5,012 $338,352 $0 $0
2019 $4,944 $328,497 $0 $0
2018 $4,971 $318,929 $0 $0
2017 $5,285 $309,640 $0 $0
2016 $5,176 $300,621 $0 $0
2015 $5,084 $291,867 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joshua Friberg

    Keller Williams Sunset Corridor

  • Darcie VanderZanden

    Buyer's Agent in 2015

    Darcie VanderZanden

    Keller Williams Sunset Corridor

    (503) 504-2720

    314 Total Sales

    Darcie VanderZanden
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14668695

Regional Multiple Listing Service (RMLS)

APN: 558874

Oregon Yamhill County Newberg 97132

1401 E 2nd St, Newberg, OR

Not Listed for Sale

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