NOT LISTED FOR SALE

1539 E 3rd St Newberg, OR 97132

Estimated Value: $546,900 - $825,000

2 Beds
1 Bath
3,150 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $265,000 $84 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $4,397/month

82 Days on Market

About This Home

As of May 2013

Easily rented in good location. Room for rent increases - property well maintained. Please do not disturb tenants. Sale subject to buyer walk thru & inspection. Rents are scheduled to be $625 each as of 4/1/13.

Last Agent to Sell the Property

Phil Kelleher

MORE Realty License #780303513 Listed on: 02/06/2013

MORE Realty

Last Buyer's Agent

Elizabeth Ramos

Keller Williams Sunset Corridor License #930900192

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,983

Year Built

  • Built in 1972

Lot Details

  • 8,494

Home Design

  • Wood Siding

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,983

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3150
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 27 BLOCK D HOBSONS ADDITION = 008500 SQ FT S 85'

Exterior Features

  • Exterior Description: Wood Siding

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: Multi

Tax Info

  • Tax Amount: 3746.13
  • Assessor Parcel Number: 58154

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.17

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2013
Closed on
May 30, 2013
Sold by
Tchen Catherine
Bought by
Escobar Lopez Edgar M Escobar and Escobar De Coyote Hosvit Cony
Seller's Agent
Phil Kelleher
MORE Realty
Buyer's Agent
Elizabeth Ramos
Keller Williams Sunset Corridor
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Total Days on Market
82
Current Estimated Value
$694,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,475
Avg. Annual Appreciation
7.37%
Original Mortgage
$260,200
Outstanding Balance
$187,507
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$436,020
Source: Public Records

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    • 2 Baths
    • 1,776 Sq Ft
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    Great investment opportunity within walking distance from downtown Newberg. Each unit includes 2 bedrooms, 1 bathroom, and a 2-car attached garage which offers 400 sqft of storage space. Unit A is vacant and has new paint, baseboards, mini blinds, and carpet as of early 2025. Roof replaced in 2019.Each unit has a fully fenced backyard.Both units include washer and dryer hookups, refrigerator,

    Daniel Roberts Premiere Property Group, LLC

    Section Image

Range of Values:

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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
Escobar Lopez Edgar M Escobar $265,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Edgar M Escobar $41,538
Open Escobar Lopez Edgar M Escobar $260,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $265,000 -3.6% $84 / Sq Ft
04/29/2013 04/29/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $275,000 -- $87 / 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 $5,983 $374,257 -- --
2023 $5,777 $363,356 $0 $0
2022 $5,622 $352,773 $0 $0
2021 $5,470 $342,498 $0 $0
2020 $4,926 $332,522 $0 $0
2019 $4,859 $322,837 $0 $0
2018 $4,886 $313,434 $0 $0
2017 $5,193 $304,305 $0 $0
2016 $5,087 $295,442 $0 $0
2015 $4,996 $286,839 $0 $0
2014 $4,661 $278,487 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13265627

Regional Multiple Listing Service (RMLS)

APN: 58154