NOT LISTED FOR SALE

1544 E 1st St Newberg, OR 97132

2 Beds
2 Baths
5,052 Sq Ft
0.34 Acres Lot

Sale Details

Date Sold: October 9, 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

0.34 Acres

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 933340.0
  • 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 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
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,997 $433,638 -- --
2024 $6,730 $421,008 -- --
2023 $6,499 $408,746 $0 $0
2022 $6,325 $396,841 $0 $0
2021 $6,153 $385,283 $0 $0
2020 $5,541 $374,061 $0 $0
2019 $5,466 $363,166 $0 $0
2018 $5,496 $352,588 $0 $0
2017 $5,842 $342,318 $0 $0
2016 $5,723 $332,348 $0 $0
2015 $5,620 $322,669 $0 $0
2014 $5,243 $313,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19429165

Regional Multiple Listing Service (RMLS)

APN: R3220BA 02100

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