NOT LISTED FOR SALE

304 W Illinois St Newberg, OR 97132

Estimated Value: $538,000 - $572,000

5 Beds
4 Baths
2,560 Sq Ft
$217/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $249,000 $97 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,365/month

44 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Controlled Entrance
  • Views

About This Home

As of November 2017

Excellent Investment Opportunity for this fixer located near center of town.

Last Listed By

Jim Jackson

Berkshire Hathaway HomeServices NW Real Estate License #201207109 Listed on: 05/31/2017

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,112

Year Built

  • Built in 1910

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking
  • Controlled Entrance

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Basement

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

Utilities

  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes electricity, heat, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,112

Year Built

Built in 1910

Lot Details

0

Parking

5

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2560
  • Stories: 2
  • Year Built: 1910
  • Property Condition: Converted
  • Remarks Public: Excellent Investment Opportunity for this fixer located near center of town.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: .18 ACRES IN SEC 18 T3S R2W LT 1 CO SURVEY 3154
  • Basement: Full Basement, Exterior Entry
  • Storage: Attached, Basement

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: City
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 5
  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Security: Entry, Sidewalk

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Unfurnished

Schools

  • Elementary School: Antonia Crater
  • Middle School: Chehalem Valley
  • High School: Newberg

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R2

Rental Info

  • Rent Includes: Electricity, Heat, Water

Tax Info

  • Tax Amount: 2646.60
  • Assessor Parcel Number: 43973

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Antonia Crater
  • High School: Newberg
  • Middle School: Chehalem Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Ruark Vincent M
Bought by
Pospisil Erik
Total Days on Market
44
Current Estimated Value
$555,000

Purchase Details

Closed on
Jul 14, 2017
Sold by
Chapman Wayne R and Chapman Beverly M
Bought by
Pospisil Erik Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,576
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2007
Sold by
Hampton Ronald J and Hampton Erinn C
Bought by
Chapman Wayne R and Chapman Beverly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2004
Sold by
Gateway Bank Fsb
Bought by
Hampton Ronald J and Hampton Erinn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2004
Sold by
Wozniak Jason
Bought by
Gateway Bank Fsb

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
Pospisil Erik $112,500 First American Title
Pospisil Erik Brian $249,000 First American Title
Chapman Wayne R -- First American Title
Hampton Ronald J $190,000 Cte
Gateway Bank Fsb $185,016 Fnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pospisil Erik Brian $254,576
Previous Owner Chapman Beverly M $228,900
Previous Owner Chapman Wayne R $240,000
Previous Owner Hampton Ronald J $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2017 11/09/17 Sold $249,000 +2.0% $97 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $244,000 -- $95 / 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 $3,112 $194,705 -- --
2023 $3,006 $189,034 $0 $0
2022 $2,925 $183,528 $0 $0
2021 $2,846 $178,183 $0 $0
2020 $2,563 $172,993 $0 $0
2019 $2,528 $167,954 $0 $0
2018 $2,542 $163,062 $0 $0
2017 $2,702 $158,313 $0 $0
2016 $2,647 $153,702 $0 $0
2015 $2,599 $149,227 $0 $0
2014 $2,425 $144,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17566728

Regional Multiple Listing Service (RMLS)

APN: 43973