NOT LISTED FOR SALE

2531 E 3rd St Newberg, OR 97132

Estimated Value: $592,510 - $666,000

6 Beds
6 Baths
2,492 Sq Ft
$253/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $388,000 $156 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,824/month

6 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Attached Garage

About This Home

As of September 2017

Huge corner lot townhouse duplex. Many updates in vacant unit along with 1 year new furnace! Turn key investment property! Right side of unit is rented.

Last Agent to Sell the Property

Cynde Moen

McCully Realty License #920700031 Listed on: 08/03/2017

Last Buyer's Agent

Beth Keyser

Premiere Property Group, LLC License #200205088

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,715

Year Built

  • Built in 1997

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Property managed by Do not disturb tenant on Right

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,715

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2492
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Approximately
  • Remarks Public: Huge corner lot townhouse duplex. Many updates in vacant unit along with 1 year new furnace! Turn key investment property! Right side of unit is rented.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 51 EMERY ORCHARDS NO. 4 = 007711 SQ FT
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Management Name: Do not disturb tenant on Right
  • Unit Features: Dishwasher, Disposal, Fireplace, Range

Schools

  • Elementary School: Joan Austin
  • Middle School: Mountain View
  • High School: Newberg

Lot Info

  • Lot Description: Corner Lot, Level

Tax Info

  • Tax Amount: 4808.63
  • Assessor Parcel Number: 507112

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Joan Austin
  • High School: Newberg
  • Middle School: Mountain View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2022
Sold by
Smits Scott E
Bought by
Hadley Nathan and Hadley Esther
Total Days on Market
6
Current Estimated Value
$630,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Outstanding Balance
$424,869
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$206,009

Purchase Details

Listed on
Aug 3, 2017
Closed on
Aug 10, 2017
Sold by
Percy Jack Rockney and Percy Katherine Lynn
Bought by
Smits Scott E and Smits Rebekah D
Seller's Agent
Cynde Moen
McCully Realty
Buyer's Agent
Beth Keyser
Premiere Property Group, LLC
List Price
$390,000
Sold Price
$388,000
Premium/Discount to List
-$2,000
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$291,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Hadley Nathan $605,000 New Title Company Name
Smits Scott E $388,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hadley Nathan $34,000
Open Hadley Nathan $453,750
Previous Owner Smits Scott E $291,000
Previous Owner Percy Jack Rockney $100,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $388,000 -0.5% $156 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $390,000 -- $157 / 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 $5,715 $357,495 -- --
2023 $5,519 $347,083 $0 $0
2022 $5,370 $336,974 $0 $0
2021 $5,225 $327,159 $0 $0
2020 $4,705 $317,630 $0 $0
2019 $4,642 $308,379 $0 $0
2018 $4,667 $299,397 $0 $0
2017 $4,961 $290,677 $0 $0
2016 $4,809 $282,211 $0 $0
2015 $4,511 $262,597 $0 $0
2014 $4,543 $273,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynde Moen

    Seller's Agent in 2017

    Cynde Moen

    McCully Realty

    Section Image
  • Beth Keyser

    Buyer's Agent in 2017

    Beth Keyser

    Premiere Property Group, LLC

    (503) 730-2599

    24 Total Sales

    Beth Keyser
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17333826

Regional Multiple Listing Service (RMLS)

APN: 507112

Oregon Yamhill County Newberg 97132

2531 E 3rd St, Newberg, OR

This home is located at 2531 E 3rd St, Newberg, OR 97132 since 03 August 2017 and is currently estimated at $630,878, approximately $253 per square foot. This property was built in 1997. 2531 E 3rd St is a home located in Yamhill County with nearby schools including Joan Austin Elementary School, Mountain View Middle School, and Newberg Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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