NOT LISTED FOR SALE

314 E Sherman St Newberg, OR 97132

Estimated Value: $365,000 - $434,023

2 Beds
1 Bath
1,700 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $380,000 $224 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,323/month

156 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • 1-Story Property
  • Baseboard Heating
  • Wood Siding

About This Home

As of September 2023

This home was built in 1910 and is part of the "Newberg Historic Homes walking/driving Tour". It has a lot of historic charm, vaulted ceilings, and plenty of closet space. Its location is near the heard of Newberg, and close to all of the downtown activities. Lavendar Festival, Old Fashioned Fest, Tunes on Tuesday, and Wednesday Market are all held within about 2-3 blocks. The Library, Cultural Center/park, and splash pad are all nearby as well.

Last Agent to Sell the Property

Kenneth Marshall

Vintage Realty Northwest License #200404300 Listed on: 03/13/2023

Co-Listed By

Ashley Lacer

Land Leader License #201232307

Last Buyer's Agent

Brandon Porter

Opt License #201216196

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1910

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Site Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 46809

Community Details

Overview

  • 2 Units
  • Golden Triangle Subdivision
  • Property managed by Access Property Management

Building Details

  • Operating Expense $10,260
  • Gross Income $36,600
  • Net Operating Income $26,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,672

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1910
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: None
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: PillarPostPier, Slab
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: OffSite
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Access Property Management
  • Management Phone: 503-310-7949

Schools

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

Lot Info

  • Zoning: R-2
  • Parcel #: 46809

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2671.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.6
  • Annual Gross Income: 36600.0
  • Property Net Operating Income: 26340.0
  • Annual Operating Expense: 10260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Sep 8, 2023
Sold by
Bellingar Enterprises Llc
Bought by
Farr Peter James and Farr Danielle Marie
Seller's Agent
Kenneth Marshall
Vintage Realty Northwest
Buyer's Agent
Brandon Porter
Opt
List Price
$449,500
Sold Price
$380,000
Premium/Discount to List
-$69,500
-15.46%
Views
246
Current Estimated Value
$393,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,006
Avg. Annual Appreciation
1.91%
Original Mortgage
$285,000
Outstanding Balance
$280,231
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$112,775

Purchase Details

Closed on
Mar 2, 2021
Sold by
Bellingar Evan
Bought by
Bellingar Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2019
Sold by
Bellingar Evan W and Bellingar Kimberly Z
Bought by
Bellingar Enterprises Llc

Purchase Details

Closed on
Sep 26, 2014
Sold by
Bullard Mark E and Bullard Sally P
Bought by
Bellingar Evan W and Bellingar Kimberly Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
4.09%
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
Farr Peter James $380,000 First American Title
Bellingar Enterprises Llc -- First American
Bellinger Evan -- First American
Bellingar Enterprises Llc -- None Available
Bellingar Evan W $195,000 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farr Peter James $285,000
Previous Owner Bellinger Evan $273,000
Previous Owner Bellingar Evan W $19,600
Previous Owner Bellingar Evan W $136,500
Previous Owner Bullard Mark E $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Off Market $1,950 -- --
05/04/2025 05/04/25 For Rent $1,950 0.0% --
09/15/2023 09/15/23 Sold $380,000 0.0% $224 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/07/2023 08/07/23 Off Market $380,000 -- --
06/26/2023 06/26/23 Price Changed $424,500 -5.6% $250 / Sq Ft
04/19/2023 04/19/23 For Sale $449,500 0.0% $264 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $449,500 -- $264 / 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 $2,843 $177,843 -- --
2023 $2,745 $172,663 $0 $0
2022 $2,672 $167,634 $0 $0
2021 $2,599 $162,751 $0 $0
2020 $2,341 $158,011 $0 $0
2019 $2,309 $153,409 $0 $0
2018 $2,322 $148,941 $0 $0
2017 $2,468 $144,603 $0 $0
2016 $2,417 $140,391 $0 $0
2015 $2,374 $136,303 $0 $0
2014 $2,215 $132,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Marshall

    Seller's Agent in 2023

    Kenneth Marshall

    Vintage Realty Northwest

    (541) 754-7314

    33 Total Sales

    Kenneth Marshall
    Section Image
  • Ashley Lacer

    Seller Co-Listing Agent in 2023

    Ashley Lacer

    Land Leader

    (541) 660-5111

    103 Total Sales

    Ashley Lacer
    Section Image
  • Brandon Porter

    Buyer's Agent in 2023

    Brandon Porter

    Opt

    (503) 407-3930

    38 Total Sales

    Brandon Porter
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23346437

Regional Multiple Listing Service (RMLS)

APN: 46809

Oregon Yamhill County Newberg 97132

314 E Sherman St, Newberg, OR

This home is located at 314 E Sherman St, Newberg, OR 97132 since 13 March 2023 and is currently estimated at $393,006, approximately $231 per square foot. This property was built in 1910. 314 E Sherman St is a home located in Yamhill County with nearby schools including Antonia Crater Elementary School, Chehalem Valley 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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