NOT LISTED FOR SALE

400 E Columbia Dr Newberg, OR 97132

Estimated Value: $651,000 - $1,089,966

3 Beds
2 Baths
-- Sq Ft
2.96 Acres

Last Sold April 13, 2017

Last sale price $725,000

Est. 19% increase in value since last sale

Current estimated payment $4,921/month

165 Days on Market

About This Home

As of April 2017

Amazing development opportunity in prime Newberg location! Nearly 3 acres of flat, R2 zoned property in the heart of Newberg - close to downtown, schools, and residential neighborhoods. City says property can support approximately 34 lots. 3 separate tax lots - 2 on N side of Columbia, 1 on S side of Columbia directly across the street. Buyer to do all due diligence with city of Newberg as to development potential.

Last Agent to Sell the Property

Tom Ramsey

John L. Scott License #200208048 Listed on: 08/04/2016

John L. Scott

Last Buyer's Agent

chandler willcuts

Willcuts Company Real Estate License #201111034

Home Details

Home Type

  • Single Family

Lot Details

  • Property is zoned R2

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: 1.43 ACRES IN SEC 18 T3S R2W LOT 2 P1991-2

Exterior Features

  • Lot Size: 1 to 2.99 Acres

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Lot Info

  • Acres: 2.96
  • Zoning: R2
  • Number Of Lots Total: 3
  • Topography: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 4777.68
  • Assessor Parcel Number: 484072
  • Assessor Parcel Number 2: 40841
  • Assessor Parcel Number 3: 40798

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
Nov 26, 2018
Sold by
Jerberg Randy and Jerberg Laura
Bought by
Alpert Mike and Alpert Bethany
Current Estimated Value
$860,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,722
Outstanding Balance
$258,561
Interest Rate
4.9%
Mortgage Type
Unknown
Estimated Equity
$666,761

Purchase Details

Closed on
Jun 23, 2016
Sold by
Alen Paul R
Bought by
Jertberg Randy and Jertberg Laura
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Alpert Mike $323,185 None Available
Jertberg Randy $300,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpert Mike $296,722
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2017 04/13/17 Sold $725,000 -34.7% --
01/16/2017 01/16/17 Pending -- -- --
08/04/2016 08/04/16 For Sale $1,110,000 -- --
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
2025 $5,041 $385,914 -- --
2024 $4,871 $374,674 -- --
2023 $4,729 $363,761 $0 $0
2022 $3,129 $238,466 $0 $0
2021 $3,065 $231,520 $0 $0
2020 $2,733 $224,777 $0 $0
2019 $2,723 $218,230 $0 $0
2018 $2,773 $211,874 $0 $0
2017 $2,698 $205,703 $0 $0
2016 $2,650 $199,712 $0 $0
2015 $2,563 $193,897 $0 $0
2014 $2,358 $188,251 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16521647

Regional Multiple Listing Service (RMLS)

APN: 42162