NOT LISTED FOR SALE

24515 NE Highway 240 Newberg, OR 97132

Estimated Value: $775,277 - $863,000

3 Beds
2 Baths
1,646 Sq Ft
$501/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $760,000 $462 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,675/month

314 Days on Market

Highlights

  • Barn
  • Greenhouse
  • Farm
  • Ewing Young Elementary School Rated A-
  • RV Access or Parking
  • Vaulted Ceiling

About This Home

As of January 2022

Rare 4 acre lot w/cozy modern farmhouse, minutes to downtown. Request legal opinion docs for the right to sub-divide property into 2, two acre lots. Do you have friends/family that you would love to share contiguous acreage with or build on the back 2 acres & sell the farmhouse, use as VRBO or keep the 4 acres for animals, addl outbuildings & sub-divide later? Farming/livestock options w/3 cross-fncd paddocks, aprox 30'x60' barn w/12'x 60' lean-to, 40'x50' shop & greenhouse. Opportunity knocks!

Last Agent to Sell the Property

Kelly Hagglund

The Kelly Group Real Estate License #981100019 Listed on: 01/07/2021

Co-Listed By

Meri Kerekanich

The Kelly Group Real Estate License #200604096

Last Buyer's Agent

Anni Holter

Realty One Group Willamette Valley License #201224378

Realty One Group Willamette Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 1900

Lot Details

  • Cross Fenced
  • Level Lot
  • Private Yard
  • Garden
  • Property is zoned VLDR1

Parking

  • Attached Garage
  • Parking Pad
  • Driveway
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Lap Siding

Interior Spaces

  • Soaking Tub
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Tile

Outdoor Features

  • Covered Deck
  • Fire Pit
  • Greenhouse
  • Gazebo
  • Shed
  • Outbuilding

Farming

  • Barn
  • Farm

Additional Features

  • Accessibility Features
  • Solar Heating System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,558

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Farmhouse, 2 Story
  • Sq Ft Calculated: 1646
  • Sq Ft Approximate Total: 1646
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1900
  • Property Condition: Resale
  • Remarks Public: Rare 4 acre lot w/cozy modern farmhouse, minutes to downtown. Request legal opinion docs for the right to sub-divide property into 2, two acre lots. Do you have friends/family that you would love to share contiguous acreage with or build on the back 2 acres & sell the farmhouse, use as VRBO or keep the 4 acres for animals, addl outbuildings & sub-divide later? Farming/livestock options w/3 cross-fncd paddocks, aprox 30'x60' barn w/12'x 60' lean-to, 40'x50' shop & greenhouse. Opportunity knocks!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Main Floor Bedroom w/Bath
  • Additional Room Features: Built-in Features, Ceiling Fan(s), Coved, Nook, Storage, Tile Floor, Walk in Closet, Double Closet, Sink, Soaking Tub, Wood Floors, Closet, Shower, Double Sinks
  • Additional Rooms: Utility Room, 4th Bedroom, Master Bathroom
  • All Room Features: Bathroom, Microwave, Built-in Features, Ceiling Fan(s), Coved, Dishwasher, Eat Bar, Formal, Great Room, Loft, Nook, Pantry, Storage, Suite, Tile Floor, Vaulted Ceiling(s), Walk in Closet, Double Closet, Sink, Soaking Tub, Free-Standing Range, Wood Floors, Granite, Closet, Shower, Double Sinks
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Interior Amenities: Ceiling Fan(s), Laundry, Tile Floor, Vaulted Ceiling(s), High Ceilings, Soaking Tub, Wood Floors, Granite
  • Kitchen Appliances: Microwave, Dishwasher, Island, Pantry, Plumbed For Ice Maker, Free-Standing Range, Granite, Stainless Steel Appliance(s), Range Hood
  • Legal Description: SEE METES & BOUNDS
  • Sq Ft Main Level: 1200
  • Upper Level Sq Ft: 446
  • Bedrooms: 3
  • Master Bedroom: Features: Bathroom, Ceiling Fan(s), Loft, Suite, Vaulted Ceiling(s), Wood Floors,On Level: Main,Dimensions: 18x14
  • Bedroom 2: On Level: Upper,Dimensions: 14x10
  • Bedroom 3: On Level: Upper,Dimensions: 13x12
  • Full Bathrooms: 2
  • Dining Room: Features: Formal, Wood Floors,On Level: Main,Dimensions: 13x10
  • Living Room: Features: Great Room, Wood Floors, Closet,On Level: Main,Dimensions: 23x15
  • Kitchen: Features: Microwave, Dishwasher, Eat Bar, Pantry, Free-Standing Range, Granite,On Level: Main,Dimensions: 11x10
  • Additional Room 1: Description: Utility Room,Features: Nook, Storage, Double Closet, Wood Floors, Double Sinks,On Level: Main,Dimensions: 20x8
  • Additional Room 2: Description: Master Bathroom,Features: Built-in Features, Tile Floor, Walk in Closet, Sink, Soaking Tub, Shower,On Level: Main,Dimensions: 11x11
  • Additional Room 3: Description: 4th Bedroom,Features: Ceiling Fan(s), Coved, Wood Floors, Closet,On Level: Upper,Dimensions: 13x9
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Lap Siding
  • Exterior Features: Barn(s), Fenced, Garden, Gazebo, Greenhouse, Outbuilding, Tool Shed, Cross Fenced, Yard, RV/Boat Storage, Covered Deck, Fire Pit
  • Orchard Acres: 0.10
  • Pasture Acres: 2.80
  • Farm Electric Description: 220 Volt
  • Farm Fence: Cross Fenced
  • Farm Remarks: Farming/livestock options w/3 cross-fenced paddocks. Approx 30x60 barn w/solar panels (wired for whole property), plentiful room for hay storage & 12x60 lean-to. Approx 40x50 shop, wrap-around drive & spacious greenhouse. Zoned rural residential
  • Farm Type: Farm
  • Lot Size: 3-4.99AC
  • Lot Dimensions: 174,240 sq ft
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: Slab
  • R V Description: RV Parking
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Gravel, Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, Parking Pad

Utilities

  • Fuel Description: Electricity, Solar
  • Hot Water: Gas
  • Sewer: Septic Tank
  • Water Description: Public Water
  • Cooling Description: Window Unit(s)
  • Heating Description: Radiant, Ductless, Wall Furnace

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Level, Gentle Sloping
  • Acres: 4.00
  • Farm Elec: Yes
  • Farm Habitable: Yes
  • Farm: Yes
  • Zoning: VLDR1
  • Farm Supplement: Yes
  • Water Rights Supplement: No
  • Possible Use: Cattle, Pasture

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 1340.86
  • Tax Deferral Desc: Farm
  • Tax Deferral: Yes
  • Assessor Parcel Number: 40048
  • Tax Year: 2021

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Dec 21, 2021
Sold by
Spain William R and Spain Kaitlynn
Bought by
Gissel Jeremy
Seller's Agent
Kelly Hagglund
The Kelly Group Real Estate
Buyer's Agent
Anni Holter
Realty One Group Willamette Valley
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Total Days on Market
314
Current Estimated Value
$824,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,819
Avg. Annual Appreciation
2.44%
Original Mortgage
$532,000
Outstanding Balance
$495,342
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$329,477

Purchase Details

Closed on
Mar 27, 2019
Sold by
Spain Russell J and Spain Kathleen N
Bought by
Spain William R and Spain Kaitlynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
Whitman Douglas and Whitman Tracy
Bought by
Spain Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2013
Sold by
Killian Corena and Estate Of David Charles Brown
Bought by
Whitman Douglas and Whitman Tracy
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
Gissel Jeremy $760,000 First American
Spain William R $420,000 First American Title
Spain Russell J -- First American Title
Spain Family Trust $450,000 First American Title
Whitman Douglas $205,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gissel Jeremy $532,000
Previous Owner Spain William R $339,500
Previous Owner Spain William R $340,000
Previous Owner Spain William R $336,000
Previous Owner Spain Family Trust $360,000
Previous Owner Brown David C $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2022 01/05/22 Sold $760,000 0.0% $462 / Sq Ft
12/31/2021 12/31/21 Sold $760,000 -4.9% $462 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/17/2021 11/17/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $799,000 0.0% $485 / Sq Ft
10/26/2021 10/26/21 For Sale $799,000 0.0% $485 / Sq Ft
10/23/2021 10/23/21 Pending -- -- --
10/23/2021 10/23/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $799,000 0.0% $485 / Sq Ft
09/27/2021 09/27/21 Price Changed $799,000 -6.0% $485 / Sq Ft
08/16/2021 08/16/21 For Sale $850,000 0.0% $516 / Sq Ft
08/14/2021 08/14/21 For Sale $850,000 0.0% $516 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
08/03/2021 08/03/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $850,000 0.0% $516 / Sq Ft
07/27/2021 07/27/21 Price Changed $850,000 -15.0% $516 / Sq Ft
07/09/2021 07/09/21 For Sale $999,900 +31.6% $607 / Sq Ft
07/08/2021 07/08/21 Off Market $760,000 -- --
04/28/2021 04/28/21 Price Changed $999,900 0.0% $607 / Sq Ft
04/27/2021 04/27/21 Price Changed $999,900 -23.1% $607 / Sq Ft
01/07/2021 01/07/21 For Sale $1,300,000 0.0% $790 / Sq Ft
12/03/2020 12/03/20 For Sale $1,300,000 -- $790 / 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 $3,558 $273,723 -- --
2023 $1,959 $150,667 $0 $0
2022 $1,411 $107,544 $0 $0
2021 $1,382 $104,412 $0 $0
2020 $1,233 $101,372 $0 $0
2019 $1,228 $98,421 $0 $0
2018 $2,903 $221,792 $0 $0
2017 $2,824 $215,332 $0 $0
2016 $2,774 $209,060 $0 $0
2015 $2,683 $202,972 $0 $0
2014 $2,330 $186,029 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21015290

Regional Multiple Listing Service (RMLS)

APN: 40048