NOT LISTED FOR SALE

1534 E 3rd St Newberg, OR 97132

Estimated Value: $531,025 - $593,000

5 Beds
4 Baths
2,182 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $525,000 $241 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,389/month

6 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 1-Story Property
  • Garage

About This Home

As of June 2021

We do not advertise on Craigslist

This single level, 3 bedroom 2 bath home is located just blocks from the main street in Newberg and all it has to offer.

Once in the entry way of the home, to the left you will find a carpeted living area. Straight ahead there is a designated dining area attached to the galley kitchen. down the hall, you will find The full bathroom to your right as well as the laundry room with washer and dryer hookups. The Primary bedroom with full en-suite off to your left. continue down the hall to the remaining two bedrooms with windows overlooking the fully fenced back yard.

Exit to your personal outside space from the door in the dining room. Outside you will find a cement patio area, a separate locked storage area, and a large fully fenced back yard, with larger trees and plants to help make it cozy and relaxing.

There is an attached one car garage with access directly to the entry way of the home. there is also a driveway for parking and street parking available.

Although one side of a duplex, it only touches the neighbor at the garage! No shared walls! fully fenced private yard!

Mountain Top Property Management LLC.
Rental Criteria:

Each person 18 years and older who will be residing in the home must:
- Fill out an application completely and truthfully. Completed applications will be considered in the
order received. Application is not complete until all required documentation is received.
-application fee of 29
- Provide a copy of photo id.
- Provide documentation as requested below for proof of income and ability to pay rent

Income verification:
- Verifiable monthly gross income must be at least 2.5 x's the rent.
- Documents for verification of income- paycheck stubs for the last 30 days and w-2's or tax returns.
- Verifiable sources of income to include programs administered by any federal, state, local or
nonprofit entity.

Credit Requirements: We require a positive credit history.
Negative credit reports may result in denial of Application. Negative reports include, but are not limited to: late payments, collections, judgments, total debt load, and pending bankruptcy excepting nonpayment balances that accrued during the COVID-19 Protected Period (April 1, 2020 February 28, 2022).
Credit reports are provided by Experian. If your application is not approved you are entitled to contact them for a free copy:
Experian- P.O. Box 2002 Allen, TX 75013
experiancom/reportaccess

Rental history References:

Each rental applicant must be able to demonstrate a Favorable Rental History of at least 2
years verifiable from unbiased and unrelated sources.
Please note that you must provide contact information for both current and previous landlords. If they do not respond to our calls/emails for screening within 72 hours we will move on to the next applicant.
No evictions within the past five years. We do not consider evictions which took place five years or more ago, nor do we consider evictions which resulted in a dismissal or a general judgment for the Applicant. We also do not consider eviction judgments that were rendered during the COVID-19 Protected Period (April 1, 2020 - February 28, 2022).
Applicants must provide the information necessary to contact past Landlords.

Criminal History:
Criminal history will be considered according to Oregon law, on a case by case basis, with factors including the nature of the offense, how much time has passed and whether the individual is appropriately rehabilitated and does not pose a risk to persons or property.

Cosigners:
If you do not meet one or more of these criteria, you may be able to qualify if you have a 3rd party
located in the state that will guarantee your lease. The guarantor must fill out an application, pass the screening process and have debt to income ratio sufficient to cover their expenses and yours in the event of a default.

Renters Insurance:
Prior to move in and throughout tenancy tenants will be required to provide proof of renter's
insurance with a minimum of 100,000 dollars in liability. (there are exceptions based on income in accordance with Oregon law)

Pets:
-Cats and dogs are allowed. There are no size or breed restrictions.
-Pet rent $50.
-There will be an additional security deposit required (fully refundable) determined by number of pets.
-A pet screening for each pet must be completed at petscreeningcom. $20 first pet. $15 each additional pet. This profile is required to be maintained during tenancy with updated records. it is $10 dollars each year.
-Mountain Top Property Management will let you know when to start your pet profile after viewing
your application.

Information required for pets:
- Current pictures of pets.
- Proof of spay/neutering is required for each pet.
-Proof of current core vaccination administered by a veterinarian
- Proof of licensing according to local laws prior to move in.
-Emotional support animals require documentation from in state, licensed mental health provider.

Tenant pays for all utilities and landscaping. Landscaping services available for an additional charge.

Last Agent to Sell the Property

Steve Roesch

NextHome Realty Connection License #980900045 Listed on: 05/11/2021

NextHome Realty Connection

Last Buyer's Agent

Jennifer Fidler

Opt License #200411233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,648

Year Built

  • Built in 1990

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,648

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2182
  • Stories: 1
  • Year Built: 1990
  • Property Condition: Approximately
  • Remarks Public: Solid Bricker Duplex in the Willamette Valley. 100% Occupied, market rents and tenants pay all utilities. $36,000 gross rents. Each unit has 1 car garage, air conditioning, utility rooms and private fenced backyards The 2-bedroom unit is ADA accessible. Built with full brick exteriors, they are meant for long term low maintenance care. Do not disturb tenants. Make offer subject to walk thru interior.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTION OF LOTS 10 & 11 - BLOCK E IN HOBSONS ADDITION
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup, Air Conditioning

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: MFR

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3827.17
  • Assessor Parcel Number: 60329
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.66

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jun 16, 2021
Sold by
Lussier Robert M
Bought by
Danielson Cournelius S and Sabo Deidre
Seller's Agent
Steve Roesch
NextHome Realty Connection
Buyer's Agent
Jennifer Fidler
Opt
List Price
$500,000
Sold Price
$525,000
Premium/Discount to List
$25,000
5%
Total Days on Market
6
Current Estimated Value
$565,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,756
Avg. Annual Appreciation
1.81%
Original Mortgage
$375,000
Outstanding Balance
$343,191
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$220,518

Purchase Details

Listed on
Nov 16, 2018
Closed on
Dec 27, 2018
Sold by
Weinstock Michael W and Weinstock Eleanor
Bought by
Lussier Robert M
Seller's Agent
Scott McAvoy
Knightsbridge International Real Estate, LLC
Buyer's Agent
Steve Roesch
NextHome Realty Connection
List Price
$437,692
Sold Price
$410,000
Premium/Discount to List
-$27,692
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$328,000
Interest Rate
7.24%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2016
Sold by
Mutunga Jessica L
Bought by
Weinstock Michael W and The Michael W Weinstock Law Corp Money P

Purchase Details

Closed on
Sep 17, 2012
Sold by
Housing Authority Of Yamhill County
Bought by
Mutunga Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Danielson Cournelius S $525,000 Ticor Title
Lussier Robert M $419,900 Amerititle
Weinstock Michael W $329,000 Amerititle
Mutunga Jessica L $185,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danielson Cournelius S $375,000
Previous Owner Lussier Robert M $328,000
Previous Owner Mutunga Jessica L $181,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Off Market $2,175 -- --
02/17/2025 02/17/25 For Rent $2,175 0.0% --
06/21/2021 06/21/21 Sold $525,000 +5.0% $241 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $500,000 +22.0% $229 / Sq Ft
01/07/2019 01/07/19 Sold $410,000 -6.3% $188 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $437,692 -- $201 / 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 $4,648 $290,791 -- --
2023 $4,489 $282,321 $0 $0
2022 $4,368 $274,098 $0 $0
2021 $4,250 $266,115 $0 $0
2020 $3,827 $258,364 $0 $0
2019 $3,776 $250,839 $0 $0
2018 $3,796 $243,533 $0 $0
2017 $4,035 $236,440 $0 $0
2016 $3,940 $229,553 $0 $0
2015 $3,810 $221,827 $0 $0
2014 $3,730 $222,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21566846

Regional Multiple Listing Service (RMLS)

APN: 60329