NOT LISTED FOR SALE

1717 Springbrook Way Newberg, OR 97132

Estimated Value: $488,000 - $571,402

2 Beds
3 Baths
2,106 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $239,900 $114 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,256/month

10 Days on Market

About This Home

As of February 2016

2-level, 2 Bath Duplex - Huge Fenced Yard, spacious bedrooms and a convenient location in this Newberg duplex. Eachside has over 1,000 square-foot, 2 spacious bedrooms, 1.5 bathrooms, a large living room, and a bright kitchen with plenty of storage, an attached one-car garage, plus a huge fenced backyard. Great investment opportunity or live in one side and rent out the other.

Last Agent to Sell the Property

Scott Besaw

Stellar Realty Northwest License #200404394 Listed on: 09/26/2015

Last Buyer's Agent

Sherry Steyaert

Mal & Seitz License #900100105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1982

Lot Details

  • 7,754

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Range

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,909

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2106
  • Stories: 2
  • Year Built: 1982
  • Year Built Description: Fixer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: LOT 27 SPRINGBROOK ACRES = 007760 SQ FT
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Range, Washer/Dryer Hookup, Wood Stove

Schools

  • Elementary School: Mabel Rush
  • High School: Newberg

Lot Info

  • Zoning: MF

Tax Info

  • Tax Amount: 3045.67
  • Assessor Parcel Number: 278309

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.96

MLS Schools

  • Elementary School: Mabel Rush
  • High School: Newberg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2015
Closed on
Jan 26, 2016
Sold by
Mitchell Amy
Bought by
Kulkarni Rakesh
Seller's Agent
Scott Besaw
Stellar Realty Northwest
Buyer's Agent
Sherry Steyaert
Mal & Seitz
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$527,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,951
Avg. Annual Appreciation
8.80%
Original Mortgage
$179,925
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2014
Sold by
Pdx Portfolio Llc
Bought by
Pdx Portfolio Llc

Purchase Details

Closed on
Sep 24, 2008
Sold by
Grinberg Robyn
Bought by
Keys Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 2008
Sold by
Nomikos Yiannis
Bought by
Keys Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
6.09%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 20, 2008
Sold by
Lindquist Donna Lee
Bought by
Keys Nora A
Source: Public Records

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    Daniel Roberts Premiere Property Group, LLC

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Range of Values:

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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
Kulkarni Rakesh $239,900 Western Title & Escrow
Pdx Portfolio Llc -- Ticor
Keys Nora -- Amerititle
Keys Nora -- Amerititle
Keys Nora -- Amerititle
Keys Nora -- Amerititle
Keys Nora A -- Amerititle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulkarni Rakesh $172,000
Closed Kulkarni Rakesh $179,925
Previous Owner Keys Nora A $195,000
Previous Owner Keys Nora A $203,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2016 02/03/16 Sold $239,900 -4.0% $114 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/26/2015 09/26/15 For Sale $249,900 -- $119 / 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 $3,909 $244,568 -- --
2023 $3,775 $237,445 $0 $0
2022 $3,674 $230,529 $0 $0
2021 $3,575 $223,815 $0 $0
2020 $3,219 $217,296 $0 $0
2019 $3,175 $210,967 $0 $0
2018 $3,193 $204,822 $0 $0
2017 $3,394 $198,856 $0 $0
2016 $3,324 $193,064 $0 $0
2015 $3,265 $187,442 $0 $0
2014 $3,046 $181,984 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15238636

Regional Multiple Listing Service (RMLS)

APN: 278309