NOT LISTED FOR SALE

1544 E 1st St Newberg, OR 97132

2 Beds
2 Baths
5,052 Sq Ft
0.34 Acres

Last Sold October 09, 2020

Last sale price $933,340 $185 Per Sq Ft

151 Days on Market

Highlights

  • Zoned Heating
  • Lap Siding
  • 1-Story Property
  • Level Lot

About This Home

As of October 2020

This property is turnkey, well maintained with excellent rents and excellent rental history. Newer roofs with in last 5 years. Centrally located for commuters and GFU students. Property is located in Oregon Opportunity Zone.

Last Agent to Sell the Property

Beth Keyser

Premiere Property Group, LLC License #200205088 Listed on: 10/10/2019

Premiere Property Group, LLC

Co-Listed By

Andrew Keyser

Premiere Property Group, LLC License #201220518

Last Buyer's Agent

Justine Syck

Move Real Estate Inc License #201223863

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,466

Year Built

  • Built in 1964

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding

Interior Spaces

  • 5,052 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • Paved Parking
  • Open Parking

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, water
  • Assessor Parcel Number 57173

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $21,293
  • Gross Income $72,348
  • Net Operating Income $51,055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,466

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: 0
  • Parcel #: 57173

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 5466.3

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 13.13
  • Annual Gross Income: 72348.0
  • Property Net Operating Income: 51055.0
  • Annual Operating Expense: 21293.0

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

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $933,340 -1.8% $185 / Sq Ft
03/18/2020 03/18/20 For Sale $950,000 0.0% $188 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/05/2020 03/05/20 Pending -- -- --
10/10/2019 10/10/19 For Sale $950,000 -- $188 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Beth Keyser

    Seller's Agent in 2020

    Beth Keyser

    Premiere Property Group, LLC

    (503) 730-2599

    24 Total Sales

    Beth Keyser
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Andrew Keyser

    Premiere Property Group, LLC

    Section Image
  • Justine Syck

    Buyer's Agent in 2020

    Justine Syck

    Move Real Estate Inc

    (503) 805-2098

    136 Total Sales

    Justine Syck
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19429165

Regional Multiple Listing Service (RMLS)

APN: R3220BA 02100

Oregon Yamhill County Newberg 97132

1544 E 1st St, Newberg, OR

This home is located at 1544 E 1st St, Newberg, OR 97132 since 10 October 2019. This property was built in 1964. 1544 E 1st St is a home located in Yamhill County with nearby schools including Joan Austin Elementary School, Mountain View Middle School, and Newberg Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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