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!
THE KELLY GROUP REAL ESTATELicense #981100019Listed on: 12/03/2020
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,341
Year Built
Built in 1900
Lot Details
4 Acre Lot
Fenced Yard
Property is zoned VLDR1
Parking
2 Car Attached Garage
Home Design
Composition Roof
Lap Siding
Interior Spaces
1,646 Sq Ft Home
2-Story Property
First Floor Utility Room
Wood Flooring
Kitchen
Electric Range
Dishwasher
Bedrooms and Bathrooms
4 Bedrooms
Primary Bedroom on Main
2 Full Bathrooms
Utilities
Gas Water Heater
Septic System
Additional Features
Solar Heating System
Barn
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,341
Year Built
Built in 1900
Lot Details
0
Listing Details
Class: Residential
Type: Residence
Home Style: 2 Story
Range Facility: Electric, Range Included
Syndicated Remarks: 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!
Year Built: 1900
Special Features: None
Property Sub Type: Detached
Stories: 2
Interior Features
Dishwasher: Yes
Flooring: Wood
Total Bathrooms: 2
Total Bathrooms: 2
Full Bathrooms: 2
Bedrooms: 4
Master Bedroom: Dimensions: 14x18, On Level: 1/Main
Bedroom 2: Dimensions: 10x14, On Level: 2/Upper
Bedroom 3: Dimensions: 12x13, On Level: 2/Upper
Bedroom 4: Dimensions: 9x13, On Level: 2/Upper
Dining Room: 1/Main, Dimensions: 10x13, On Level: 1/Main
Living Room: Dimensions: 15x23, On Level: 1/Main
Kitchen: Dimensions: 10x11, On Level: 1/Main
Utility Room Level: 1/Main
Price Per Sq Ft: 461.73
Source Of Sq Ft: County
Price Per Sq Ft: 485.42
Exterior Features
Fenced Yard: Yes
Out Buildings: Barn
Roof: Composition
Siding Style: Lap
Garage/Parking
Garage Type: Attached
Garage Capacity: 2
Utilities
Heating/Cooling: Electric, Solar
Septic: Standard
Water: Connected, City
Water Heater: Gas
Lot Info
Acres: 4
Estimated Lot Sq Ft: 174240
Price Per Acre: 199750
Zoning: VLDR1
Geo Subdivision: OR
Tax Info
Tax Years: 2021
Tax Account Number: 40048
Tax Amount: 1341
Ownership History
DateNameOwned ForOwner Type
Dec 2021 - PresentGissel Jeremy3 Years and 9 Months
Private Individual
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%
Current Estimated Value
$800,634
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,634
Avg. Annual Appreciation
2.07%
Original Mortgage
$532,000
Outstanding Balance
$495,342
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$324,170
Mar 2019 - Dec 2021Spain William R and Spain Kaitlynn2 Years and 9 Months
Private Individual
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
Jun 2015 - Mar 2019Spain Family Trust3 Years and 9 Months
Private Individual
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
Apr 2013 - Jun 2015Whitman Douglas and Whitman Tracy2 Years and 2 Months
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Average Value
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List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 24515 NE Highway 240, Newberg, OR 97132 and is currently priced at $760,000, approximately $461 per square foot. This property was built in 1900. 24515 NE Highway 240 is a home located in Yamhill County with nearby schools including Ewing Young Elementary School, Chehalem Valley Middle School, and Newberg Senior High School.
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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