NOT LISTED FOR SALE

1512 E 3rd St Newberg, OR 97132

Estimated Value: $574,000 - $618,000

6 Beds
6 Baths
2,060 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $257,900 $125 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,526/month

22 Days on Market

About This Home

As of May 2014

Newer 3 bedroom 2.5 bath duplex in Newberg. Great rental history. Please do not disturb tenants, call listing agent for showings. Nearby duplex (1524 E. 3rd) also available, same plan.

Last Agent to Sell the Property

Scott Twenge

Willcuts Company Real Estate License #890600129 Listed on: 03/24/2014

Co-Listed By

Matt Willcuts

Willcuts Company Real Estate License #940400135

Last Buyer's Agent

Bill Pruitt

REMC Properties.com License #950300152

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 2008

Lot Details

  • 6,098

Parking

  • Garage

Home Design

  • Lap Siding

Additional Features

  • 2-Story Property
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,563

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2060
  • Stories: 2
  • Year Built: 2008
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: .14 ACRES IN SEC 20 T3S R2W PARCEL 2 PARTITION P2007
  • Storage: Garage(s)

Exterior Features

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

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Schools

  • Elementary School: Joan Austin
  • Middle School: Mountain View
  • High School: Newberg

Lot Info

  • Zoning: res

Tax Info

  • Tax Amount: 3257.22
  • Assessor Parcel Number: 60338

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.77

MLS Schools

  • Elementary School: Joan Austin
  • High School: Newberg
  • Middle School: Mountain View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Zimmerman Brian
Bought by
Zimmerman Brian and Zimmerman Rina
Total Days on Market
22
Current Estimated Value
$592,823

Purchase Details

Listed on
Mar 24, 2014
Closed on
May 22, 2014
Sold by
Jdc Homes Llc
Bought by
Zimmerman Brian
Seller's Agent
Scott Twenge
Willcuts Company Real Estate
Buyer's Agent
Bill Pruitt
REMC Properties.com
List Price
$259,900
Sold Price
$257,900
Premium/Discount to List
-$2,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$253,228
Interest Rate
4.31%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2008
Sold by
Pacific Construction Inc
Bought by
Jdc Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,800
Interest Rate
5.65%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 15, 2008
Sold by
T7 Development Llc
Bought by
Cjc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,800
Interest Rate
5.65%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 12, 2004
Sold by
Pacific Empire Developers Inc
Bought by
T 7 Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zimmerman Brian -- None Available
Zimmerman Brian $257,900 First American Title
Jdc Homes Llc -- Fnt
Cjc Properties Llc $205,000 Fnt
Pacific Construction Inc -- Accommodation
T 7 Development Llc -- Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Brian $281,250
Closed Zimmerman Brian $48,650
Closed Zimmerman Brian $245,050
Closed Zimmerman Brian $15,534
Closed Zimmerman Brian $253,228
Closed Zimmerman Brian $253,228
Previous Owner Jdc Homes Llc $552,800
Previous Owner Cjc Properties Llc $153,750
Previous Owner T 7 Development Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $257,900 -0.8% $125 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $259,900 -- $126 / 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
2024 $4,563 $285,451 -- --
2023 $4,406 $277,137 $0 $0
2022 $4,288 $269,065 $0 $0
2021 $4,172 $261,228 $0 $0
2020 $3,757 $253,619 $0 $0
2019 $3,706 $246,232 $0 $0
2018 $3,726 $239,060 $0 $0
2017 $3,961 $232,097 $0 $0
2016 $3,880 $225,337 $0 $0
2015 $3,811 $218,775 $0 $0
2014 $3,555 $212,404 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14059941

Regional Multiple Listing Service (RMLS)

APN: 60338