NOT LISTED FOR SALE

2501 E 2nd St Unit 5 Newberg, OR 97132

Estimated Value: $235,000 - $249,000

2 Beds
2 Baths
896 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $239,900 $268 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,733/month

40 Days on Market

Highlights

  • Patio
  • Resident Manager or Management On Site
  • Dining Room
  • Living Room
  • Zoned Heating
  • Family Room

About This Home

As of May 2024

Townhome style condo with 2 bedrooms and 2 bathrooms. Good location with easy access to shopping, schools, and George Fox University. Assigned carport parking included. Great for investor or owner occupied. All appliances stay! HOA covers: water/sewer, garbage, management, exterior maintenance, landscaping & common areas.

Last Agent to Sell the Property

Erik Gerth

Premiere Property Group, LLC License #910900142 Listed on: 02/24/2024

Premiere Property Group, LLC

Last Buyer's Agent

Alexis Gulpan

Property Group NW License #201245099

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $729

Year Built

  • Built in 1998

Lot Details

  • 479

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 896 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Mabel Rush Elementary School
  • Mountain View Middle School
  • Newberg High School

Utilities

  • No Cooling
  • Zoned Heating
  • Municipal Trash

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 512980

Community Details

Overview

  • 15 Units
  • Superior Community Management Association, Phone Number (503) 684-1832
  • On-Site Maintenance

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$729

Year Built

Built in 1998

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1998
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories2, Townhouse
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 15
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: Dishwasher,Disposal
  • CondominiumTotalLevels: 2
  • Unit Floor Number: 1
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: VinylFloor, WalltoWallCarpet, WasherDryer
  • Basement: CrawlSpace
  • Appliances: Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: VinylSiding
  • Exterior Features: Fenced, Patio
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Carport
  • Parking Description: Carport, Other
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Other
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: WallHeater, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: Townhouse
  • Association Amenities: Commons, ExteriorMaintenance, Insurance, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 295.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Manager
  • CondominiumAssociationEmail: info@superiorcommunity.com
  • CondominiumAssociationName: Superior Community Management
  • CondominiumAssociationPhone: 503-684-1832
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Mabel Rush
  • High School: Newberg
  • Middle Or Junior School: Mountain View

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: 512980

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 728.8
  • Tax Opportunity Zone: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Apr 30, 2024
Sold by
Frebe Frank and Frebe Romi
Bought by
Mclaughlin Richard Dallin
Seller's Agent
Erik Gerth
Premiere Property Group, LLC
Buyer's Agent
Alexis Gulpan
Property Group NW
List Price
$254,900
Sold Price
$239,900
Premium/Discount to List
-$15,000
-5.88%
Views
83
Current Estimated Value
$248,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,573
Avg. Annual Appreciation
2.11%
Original Mortgage
$203,915
Outstanding Balance
$201,974
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$44,268

Purchase Details

Closed on
Nov 21, 2005
Sold by
Greenman Kenneth J and Greenman Barbara J
Bought by
Frebe Frank and Frebe Romi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,125
Interest Rate
6.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Mclaughlin Richard Dallin $239,900 Amerititle
Frebe Frank $121,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Richard Dallin $203,915
Previous Owner Frebe Frank $63,250
Previous Owner Frebe Frank $91,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $239,900 0.0% $268 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $239,900 -5.9% $268 / Sq Ft
02/24/2024 02/24/24 For Sale $254,900 -- $284 / 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 $755 $47,212 -- --
2023 $729 $45,837 $0 $0
2022 $709 $44,502 $0 $0
2021 $690 $43,206 $0 $0
2020 $621 $41,948 $0 $0
2019 $613 $40,726 $0 $0
2018 $616 $39,540 $0 $0
2017 $655 $38,388 $0 $0
2016 $642 $37,270 $0 $0
2015 $630 $36,185 $0 $0
2014 $588 $35,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24540382

Regional Multiple Listing Service (RMLS)

APN: 512980