NOT LISTED FOR SALE

18505 NE Jaquith Rd Newberg, OR 97132

Estimated Value: $1,596,000 - $2,519,358

3 Beds
4 Baths
5,569 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $1,916,070 $344 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,022/month

356 Days on Market

Highlights

  • Second Garage
  • RV Access or Parking
  • 22.7 Acre Lot
  • Ewing Young Elementary School Rated A-
  • View of Trees or Woods
  • Deck

About This Home

As of October 2019

Sweeping panoramic view of valley and mountains. An Ideal Investment opportunity, established indoor farming facilities, room for outdoor/outdoor expansion, backs up to wooded seclusion. Could be ideal for commercial use- agriculture, winery, etc. or great fit for a family estate. Partially finished massive basement provides choice to expand the residence . Seller financing available! Price includes equipment & Fixtures!

Last Agent to Sell the Property

Edward Petrossian

RE/MAX Equity Group License #891100084 Listed on: 10/02/2018

RE/MAX Equity Group

Last Buyer's Agent

Edward Petrossian

RE/MAX Equity Group License #891100084 Listed on: 10/02/2018

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,939

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • 22.7 Acre Lot
  • Secluded Lot
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Private Yard
  • Property is zoned EF-40

Parking

  • 4 Car Attached Garage
  • Second Garage
  • Workshop in Garage
  • Tandem Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Woods
  • Mountain
  • Valley

Home Design

  • Ranch Property
  • Converted Dwelling
  • Metal Roof
  • Wood Siding
  • Cement Siding

Interior Spaces

  • 5,569 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Natural Light
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Security Lights
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Range Hood
  • Dishwasher

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • Ewing Young Elementary School
  • Chehalem Valley Middle School
  • Newberg High School

Farming

  • Farm

Utilities

  • Central Air
  • Heating unit installed on the ceiling
  • Floor Furnace
  • Heat Pump System
  • Electricity To Lot Line
  • Three-Phase Power
  • Spring water is a source of water for the property
  • Irrigation Water Rights
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Mountain Top Subdivision

Listing and Financial Details

  • Assessor Parcel Number 526468

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,939

Year Built

Built in 1981 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1981
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, DaylightRanch
  • Habitable Residence: Yes
  • New Construction: No
  • Property Attached Yn: No
  • ElectricOnPropertyDesc: _3Phase
  • Open House: No
  • OtherStructuresFeatures1: Volts440,Bathroom,BuiltinFeatures,ElectricityConnected,Plumbed,SecurityLights,Storage
  • OtherStructuresFeatures2: _3Phase,Volts440,ConcreteFloor,ElectricityConnected,Plumbed,Storage,Workshop
  • OtherStructuresFeatures3: _3Phase,Volts440,ConcreteFloor,ElectricityConnected,Heated,Plumbed,SecurityLights,Storage,Workshop
  • OtherStructuresType1: Workshop
  • OtherStructuresType2: Workshop
  • OtherStructuresType3: Workshop
  • Room 11 Features: EatBar
  • Room 12 Features: BayWindow,Deck
  • Room 13 Features: UpdatedRemodeled
  • Room 9 Features: Deck,FireplaceInsert,LivingRoomDiningRoomCombo
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MainFloorBedroomBath, NaturalLighting, OneLevel, WalkinShower
  • Total Bathrooms: 4.0
  • Fireplaces: 1
  • Interior Amenities: BambooFloor, CeilingFan, GarageDoorOpener, Laundry, SoakingTub, TileFloor, WalltoWallCarpet
  • Room 4 Description: Den
  • Room 4 Features: Bathroom,UpdatedRemodeled
  • Room 4 Level: Main
  • Room 5 Description: Laundry
  • Room 5 Features: BuiltinFeatures,UpdatedRemodeled
  • Room 5 Level: Main
  • Room 6 Description: MudRoom
  • Room 6 Features: ExteriorEntry
  • Room 6 Level: Main
  • Basement: ExteriorEntry, FullBasement
  • Appliances: BuiltinRange, Dishwasher, FreeStandingRefrigerator, Pantry, RangeHood
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Insert
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 3
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 3.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: Acres20to50
  • OtherStructuresBaths1: 1.0
  • OtherStructuresBathsTotal: 1.00
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 154
  • Fifth Bedroom Area: 77
  • Bedroom 6 Area: 120
  • Bedroom 7 Area: 110
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 110
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 221
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,WoodSiding
  • Exterior Features: Deck, Outbuilding, RVParking, SecondGarage, SecurityLights, ToolShed, Workshop, Yard
  • Farm Type: Ranch
  • Lot Size: 20 to 49.99 Acres
  • R V Description: RVParking
  • View: Yes
  • Fencing: Other
  • Lot Features: GentleSloping, Private, Secluded, Trees
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal
  • View: Mountain,TreesWoods,Valley

Garage/Parking

  • Garage Type: Attached,Oversized,Tandem
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: Ceiling, FloorFurnace, HeatPump
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: SepticTank
  • Water Source: Private, Spring

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Ewing Young
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley

Lot Info

  • Farm Addl Dwelling: Yes
  • Farm Personal Property: Yes
  • Farm: Yes
  • Water Rights Current: Yes
  • Water Rights Pump Location: OffTheProperty
  • Water Rights Type: GroundWater
  • Water Rights Use: Agriculture
  • Zoning: EF-40
  • Lot Size Acres: 22.7
  • Lot Size: 22.7 Acres
  • Lot Size Sq Ft: 988812.0
  • Parcel #: 526468
  • Irrigation Water Rights Acres: 0.5
  • Irrigation Water Rights: Yes

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2018
  • Tax Annual Amount: 8939.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Sep 30, 2019
Sold by
3 Peaks Property Llc
Bought by
Wag Holdings Llc
Seller's Agent
Edward Petrossian
RE/MAX Equity Group
Buyer's Agent
Edward Petrossian
RE/MAX Equity Group
List Price
$1,995,000
Sold Price
$1,916,070
Premium/Discount to List
-$78,930
-3.96%
Total Days on Market
356
Current Estimated Value
$2,062,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,716
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Oct 19, 2017
Sold by
Belson Lore
Bought by
3 Peaks Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2017
Sold by
3 Peaks Property Llc
Bought by
Belson Luke

Purchase Details

Closed on
Feb 27, 2017
Sold by
Belson Luke
Bought by
3 Peaks Property Llc

Purchase Details

Closed on
Dec 14, 2015
Sold by
Royer Craig F
Bought by
Belson Luke T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2006
Sold by
Royer Craig F
Bought by
Royer Craig F and Craig F Royer Living Trust

Purchase Details

Closed on
Sep 19, 2003
Sold by
Cochran Laura D
Bought by
Kruchok Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
2.8%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

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Range of Values:

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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
Wag Holdings Llc $1,916,070 Ticor Title
3 Peaks Property Llc -- None Available
Belson Luke -- None Available
3 Peaks Property Llc -- None Available
Belson Luke T $670,000 First American
Royer Craig F -- None Available
Kruchok Greg $197,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belson Luke T $100,000
Previous Owner Belson Luke T $665,000
Previous Owner Kruchok Greg $197,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2019 10/02/19 Sold $1,916,070 -4.0% $344 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $1,995,000 0.0% $358 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $1,995,000 +5.0% $358 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
10/02/2018 10/02/18 For Sale $1,900,000 -- $341 / 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 $17,314 $1,331,868 -- --
2023 $16,812 $1,293,076 $0 $0
2022 $16,475 $1,255,414 $0 $0
2021 $16,137 $1,218,849 $0 $0
2020 $11,848 $974,288 $0 $0
2019 $11,287 $922,471 $0 $0
2018 $8,939 $683,034 $0 $0
2017 $5,487 $418,305 $0 $0
2016 $5,175 $390,000 $0 $0
2015 $5,007 $378,770 $0 $0
2014 $4,607 $367,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18101156

Regional Multiple Listing Service (RMLS)

APN: 526468