Seller's Agent in 2024
Kenneth Marshall
Vintage Realty Northwest
(541) 754-7314
32 Total Sales
421 S College St Newberg, OR 97132
--
Bed
--
Bath
2,576
Sq Ft
7,405
Sq Ft Lot
Highlights
- Corner Lot
- Laundry Facilities
- Wood Siding
- Forced Air Heating System
- High Speed Internet
- 3-minute walk to Memorial Park
About This Home
As of November 2024Great opportunity in charming historical area of residential homes in Newberg for owner/occupants or seasoned investors. Classic, stately design. Close to parks, schools, shops, and George Fox University. Renovated units, tenants pay for own gas, electricity and garbage. New roof and exterior paint in 2019. Proven performer! Three units renovated with new flooring, cabinets, paint, and furnaces in last 2-3 years. Exterior paint on south side will be repainted. 6% Cap rate on actuals without management.
Last Agent to Sell the Property
Vintage Realty Northwest License #200404300 Listed on: 05/29/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices NW Real Estate License #201225978
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,893
Year Built
- Built in 1903
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 100 x 75
- Corner Lot
- Level Lot
Home Design
- Block Foundation
- Composition Roof
- Wood Siding
- Lap Siding
- Cedar
Interior Spaces
- 2,576 Sq Ft Home
- 3-Story Property
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- 4 Parking Spaces
- Paved Parking
- Open Parking
Schools
- Edwards Elementary School
- Mountain View Middle School
- Newberg High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Mini Split Heat Pump
- Heating System Mounted To A Wall or Window
- High Speed Internet
Listing and Financial Details
- Rent includes sewer, water
- Assessor Parcel Number 52203
Community Details
Overview
- 4 Units
- Edwards Addition Subdivision
- Property managed by Access Property Management
Amenities
- Laundry Facilities
Building Details
- Operating Expense $23,888
- Gross Income $63,780
- Net Operating Income $39,892
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2024
Closed on
Sep 17, 2024
Sold by
Bellingar Enterprises Llc
Bought by
Knuth Kealen
Seller's Agent
Kenneth Marshall
Vintage Realty Northwest
Buyer's Agent
Jacob Hemstreet
Berkshire Hathaway HomeServices NW Real Estate
List Price
$700,000
Sold Price
$690,000
Premium/Discount to List
-$10,000
-1.43%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,715
Avg. Annual Appreciation
-0.81%
Original Mortgage
$666,971
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 12, 2021
Sold by
Bellingar Evan
Bought by
Bellinger 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
$420,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 31, 2020
Closed on
Oct 15, 2020
Sold by
Somera Properties Llc
Bought by
Ballingar Enterprises Llc
Seller's Agent
Brian Dorsey
Fathom Realty Oregon, LLC
Buyer's Agent
Meri Kerekanich
The Kelly Group Real Estate
List Price
$549,000
Sold Price
$536,000
Premium/Discount to List
-$13,000
-2.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 29, 2018
Sold by
Mckay Michael D and Rodriguez Sanqui
Bought by
Somera Properties Llc
Purchase Details
Closed on
Jun 14, 2011
Sold by
Mckay Victor R and Mckay Charlene J
Bought by
Mckay Michael D and Rodriguez Sanqui
Purchase Details
Closed on
Jun 30, 2005
Sold by
Arches Place Llc
Bought by
Mckay Victor R and Mckay Charlene J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.99%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $690,000 | First American Title | |
| Bargain Sale Deed | -- | First American | |
| Bargain Sale Deed | -- | First American | |
| Warranty Deed | $536,500 | Fidelity Natl Ttl Co Of Or | |
| Warranty Deed | $300,000 | Ticor Title Co Of Oregon | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $240,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $666,971 | Credit Line Revolving | |
| Previous Owner | $420,000 | New Conventional | |
| Previous Owner | $300,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $267,600 | Commercial | |
| Previous Owner | $266,000 | Commercial | |
| Previous Owner | $228,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $690,000 | +0.7% | $268 / Sq Ft |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | Price Changed | $685,000 | -0.7% | $266 / Sq Ft |
| 08/09/2024 08/09/24 | Price Changed | $690,000 | -1.4% | $268 / Sq Ft |
| 07/02/2024 07/02/24 | For Sale | $700,000 | 0.0% | $272 / Sq Ft |
| 06/22/2024 06/22/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | For Sale | $700,000 | +30.6% | $272 / Sq Ft |
| 10/16/2020 10/16/20 | Sold | $536,000 | -2.4% | $208 / Sq Ft |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- |
| 07/31/2020 07/31/20 | For Sale | $549,000 | -- | $213 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $4,031 | $252,174 | -- | -- |
| 2023 | $3,893 | $244,829 | $0 | $0 |
| 2022 | $3,788 | $237,698 | $0 | $0 |
| 2021 | $3,686 | $230,775 | $0 | $0 |
| 2020 | $3,319 | $224,053 | $0 | $0 |
| 2019 | $3,274 | $217,527 | $0 | $0 |
| 2018 | $3,292 | $211,191 | $0 | $0 |
| 2017 | $3,499 | $205,040 | $0 | $0 |
| 2016 | $3,428 | $199,068 | $0 | $0 |
| 2015 | $3,366 | $193,271 | $0 | $0 |
| 2014 | $3,140 | $187,643 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Ashley Lacer
Land Leader
(541) 660-5111
110 Total Sales
-
Buyer's Agent in 2024
Jacob Hemstreet
BHHS Oregon- Northwest
(971) 241-6145
105 Total Sales
-
Seller's Agent in 2020
Brian Dorsey
Fathom Realty Oregon, LLC
(503) 808-0412
45 Total Sales
-
M
Buyer's Agent in 2020
Meri Kerekanich
The Kelly Group Real Estate
(503) 866-4649
60 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24672883
APN: 52203
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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