NOT LISTED FOR SALE

1552 E 3rd St Newberg, OR 97132

Estimated Value: $892,000 - $1,033,000

8 Beds
4 Baths
3,728 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $420,000 $113 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,656/month

22 Days on Market

About This Home

As of December 2013

This home is located at 1552 E 3rd St, Newberg, OR 97132 since 09 October 2013 and is currently estimated at $974,000, approximately $261 per square foot. This property was built in 2006. 1552 E 3rd 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.

Last Agent to Sell the Property

Randy Mccreith

BELLA CASA REAL ESTATE GROUP License #200210169 Listed on: 10/09/2013

Co-Listed By

Joni McCreith

BELLA CASA REAL ESTATE GROUP License #200402350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,752

Year Built

  • Built in 2006

Lot Details

  • 9,845

Home Design

  • 3,728 Sq Ft Home
  • Quadruplex
  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Washer and Dryer

Utilities

  • Zoned Heating
  • Electric Water Heater

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $9,733
  • Net Operating Income $26,728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,752

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Range Included
  • Syndicated Remarks: Well kept newer 4plex, rents well, low maintenance fully occupied units- please do not disturb tenants. Great investment piece to add to your portfolio! Good proximity to George Fox, and PCC Newberg
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Laundry: W/D Included

Exterior Features

  • Foundation: Continuous
  • Siding: Vinyl

Utilities

  • Heating: Zonal
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Zoning: Multi
  • Geo Subdivision: OR

Rental Info

  • Total Expenses: 9733

Multi Family

  • Additional Land Available: 37980
  • Net Income: 26728
  • Gross Sched Income: 40800
  • Unit Types: Town Home
  • Number Of Units: 4

Tax Info

  • Tax Amount: 4752

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2016
Sold by
Humphrey Markl P and Humphrey Julieanna M
Bought by
Humphrey Makr and Humphrey Julieanna
Current Estimated Value
$974,000

Purchase Details

Closed on
Oct 28, 2005
Sold by
Frketich Leonard L
Bought by
Wood Joseph B and Wood Leonora R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2005
Sold by
Mattoon Michael A
Bought by
Frketich Leonard L

Purchase Details

Closed on
Jan 28, 2005
Sold by
First Horizon Home Loan Corp
Bought by
Mattoon Michael A

Purchase Details

Closed on
Dec 28, 2004
Sold by
First Horizon Home Loan Corp
Bought by
Mattoon Michael A

Purchase Details

Closed on
Dec 21, 2004
Sold by
First Horizon Home Loan Corp
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Humphrey Makr -- None Available
Wood Joseph B $125,000 Fidelity National Title Co
Frketich Leonard L $87,000 Fidelity National Title Co
Mattoon Michael A -- Fnt
Mattoon Michael A -- Fnt
Federal National Mortgage Association $98,147 --
First Horizon Home Loan Corp $98,147 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wood Joseph B $283,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2013 12/23/13 Sold $420,000 -1.2% $113 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $424,900 -- $114 / Sq Ft
Source: Willamette Valley MLS

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
2025 $6,575 $407,479 -- --
2024 $6,324 $395,611 -- --
2023 $6,107 $384,088 $0 $0
2022 $5,943 $372,901 $0 $0
2021 $5,782 $362,040 $0 $0
2020 $5,207 $351,495 $0 $0
2019 $5,137 $341,257 $0 $0
2018 $5,164 $331,317 $0 $0
2017 $5,490 $321,667 $0 $0
2016 $5,334 $312,298 $0 $0
2015 $5,029 $292,773 $0 $0
2014 $5,074 $303,203 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Randy Mccreith

    BELLA CASA REAL ESTATE GROUP

    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Joni McCreith

    BELLA CASA REAL ESTATE GROUP

    (503) 310-5613

    49 Total Sales

    Joni McCreith
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 669900

Willamette Valley MLS

APN: 60285

Oregon Yamhill County Newberg 97132

1552 E 3rd St, Newberg, OR

Not Listed for Sale

MultiFamily

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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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