$410,000
SOLD JAN 7, 2019

1534 E 3rd St Newberg, OR 97132

5 Beds
3 Baths
2,182 Sq Ft
10,280 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

6% Below List Price

16 Days on Market

About This Home

As of June 2021

Tenants pay all utilities. Large fenced back yard for each unit. 2 bedroom unit is handicap accessible w/newer shower tile, fixtures flooring, carpet & paint. 3 bedroom unit has newer furnace. Both units have Central A/C & newer window coverings. Utility rooms in each unit. Units are clean and well kept. Both Tenants have signed a 12 month lease effective 11/28/2018.

Last Agent to Sell the Property

Scott McAvoy

Knightsbridge International Real Estate, LLC License #941100155 Listed on: 11/16/2018

Last Buyer's Agent

Steve Roesch

NextHome Realty Connection License #980900045

NextHome Realty Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,648

Year Built

  • Built in 1990

Parking

  • Garage

Home Design

  • Brick Exterior Construction

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Dishwasher
  • Crawl Space
  • Level Lot

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
  • Year Built: 1990
  • Remarks Public: Tenants pay all utilities. Large fenced back yard for each unit. 2 bedroom unit is handicap accessible w/newer shower tile, fixtures flooring, carpet & paint. 3 bedroom unit has newer furnace. Both units have Central A/C & newer window coverings. Utility rooms in each unit. Units are clean and well kept. Both Tenants have signed a 12 month lease effective 11/28/2018.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 10 BLOCK E HOBSONS ADDITION = 010260 SQ FT PT LT 10 & 11
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

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, Refrigerator, Air Conditioning

Schools

  • Elementary School: Edwards
  • Middle School: Mountain View
  • High School: Newberg

Lot Info

  • Lot Description: Level
  • Zoning: SFR

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3796.00
  • Assessor Parcel Number: 60329
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.84

MLS Schools

  • Elementary School: Edwards
  • 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%
Current Estimated Value
$586,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,461
Avg. Annual Appreciation
2.24%
Original Mortgage
$375,000
Outstanding Balance
$343,191
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$231,865

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 Type Sale Price Title Company
Warranty Deed $525,000 Ticor Title
Warranty Deed $419,900 Amerititle
Warranty Deed $329,000 Amerititle
Warranty Deed $185,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $328,000 Adjustable Rate Mortgage/ARM
Previous Owner $181,649 FHA
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: 18238997

Regional Multiple Listing Service (RMLS)

APN: 60329