NOT LISTED FOR SALE

501 E 3rd St Newberg, OR 97132

Estimated Value: $395,372

3 Beds
1 Bath
1,191 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $385,000 $323 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,434/month

111 Days on Market

Highlights

  • Wood Burning Stove
  • Corner Lot
  • Private Yard
  • Territorial View
  • Quartz Countertops
  • 4-minute walk to Memorial Park

About This Home

As of August 2023

LOCATION, LOCATION, LOCATION!! Charming 1.5 story vintage home in the heart of Newberg. Natural light abounds in this 3 BR/1BA comfy retreat. Cozy LR/DR combo w/ gas stove. New laminate flooring in bedrooms. NEW ROOF 2019, NEW SEWER LINE 2021, NEW SIDING,INSULATION & EXT PAINT, 2022. Updated upstairs BR 2022. BRAND NEW electrical panel 2023. Close to local bars, eateries, parks and University. Amazing rental potential! Buyer to do due diligence.

Last Listed By

Holly Eckles

SMI Commercial Real Estate LLC License #201213566 Listed on: 03/29/2023

SMI Commercial Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,424

Year Built

  • Built in 1904

Lot Details

  • 3,484 Sq Ft Lot
  • Lot Dimensions are 31x103
  • Corner Lot
  • Level Lot
  • Private Yard
  • Property is zoned RS

Parking

  • 1 Car Detached Garage
  • Garage on Main Level
  • On-Street Parking

Home Design

  • Cottage
  • Block Foundation
  • Composition Roof
  • Lap Siding
  • Cement Siding

Interior Spaces

  • 1,191 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Gas Fireplace
  • Natural Light
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laminate Flooring
  • Territorial Views
  • Security Lights

Kitchen

  • Free-Standing Range
  • Range Hood
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Full Bathroom
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance

Outdoor Features

  • Patio
  • Shed
  • Porch

Schools

  • Edwards Elementary School
  • Chehalem Valley Middle School
  • Newberg High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number Not Found

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,424

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1904
  • Property Condition: Resale
  • Unreinforced Masonry Building: NA
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleEntrance, AccessibleFullBath, GarageonMain, GroundLevel, NaturalLighting, UtilityRoomOnMain
  • Total Bathrooms: 1.0
  • Interior Amenities: HighSpeedInternet, LaminateFlooring
  • Basement: None
  • Window Features: VinylFrames
  • Appliances: Disposal, FreeStandingRange, FreeStandingRefrigerator, Island, Quartz, RangeHood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Stove
  • Fireplace: No
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: Patio, Porch, ToolShed, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Block
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Detached
  • Parking Description: OnStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Internet Service Type: Wireless
  • Security: SecurityLights
  • Cooling Y N: No
  • Heating: Baseboard, Other
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Edwards
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley

Lot Info

  • Farm: No
  • Zoning: RS
  • Lot Size Acres: 0.08
  • Lot Size: 31X103
  • Lot Size Sq Ft: 3484.0
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2424.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Aug 21, 2023
Sold by
Mccollum Heather Lynn
Bought by
Roque Catherine Marie and Roque Arturo A
Seller's Agent
Holly Eckles
SMI Commercial Real Estate LLC
Buyer's Agent
Robin Palmore
Premiere Property Group, LLC
List Price
$437,500
Sold Price
$385,000
Premium/Discount to List
-$52,500
-12%
Total Days on Market
111
Views
324
Current Estimated Value
$395,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,372
Avg. Annual Appreciation
1.52%
Original Mortgage
$388,888
Outstanding Balance
$382,269
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$13,103

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 14, 2021
Sold by
Mccollum Kimberly R
Bought by
Mccollum Heather Lynn
Seller's Agent
Holly Eckles
SMI REAL ESTATE
Buyer's Agent
Holly Eckles
SMI REAL ESTATE
List Price
$335,000
Sold Price
$343,200
Premium/Discount to List
$8,200
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$274,560
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2011
Sold by
Powell G Richard and Powell Mildred M
Bought by
Mccollum Kimberly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
4.43%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Roque Catherine Marie $385,000 Ticor Title
Mccollum Heather Lynn $343,200 Ticor Title Company Of Or
Mccollum Kimberly R $133,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roque Catherine Marie $388,888
Previous Owner Mccollum Heather Lynn $0
Previous Owner Mccollum Heather Lynn $274,560
Previous Owner Mccollum Kimberly R $131,100
Previous Owner Powell G Richard $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $385,000 -7.2% $323 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
06/27/2023 06/27/23 Price Changed $414,900 -2.4% $348 / Sq Ft
06/10/2023 06/10/23 Price Changed $424,900 -2.9% $357 / Sq Ft
05/26/2023 05/26/23 For Sale $437,500 +13.6% $367 / Sq Ft
04/19/2023 04/19/23 Off Market $385,000 -- --
04/15/2023 04/15/23 Price Changed $437,500 -2.2% $367 / Sq Ft
03/29/2023 03/29/23 For Sale $447,500 +30.4% $376 / Sq Ft
04/15/2021 04/15/21 Sold $343,200 +2.4% $288 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $335,000 -- $281 / 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 $2,651 $165,846 -- --
2023 $2,560 $161,016 $0 $0
2022 $2,491 $156,326 $0 $0
2021 $2,424 $151,773 $0 $0
2020 $2,183 $147,352 $0 $0
2019 $2,153 $143,060 $0 $0
2018 $2,165 $138,893 $0 $0
2017 $2,301 $134,848 $0 $0
2016 $2,254 $130,920 $0 $0
2015 $2,214 $127,108 $0 $0
2014 $2,065 $123,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23257912

Regional Multiple Listing Service (RMLS)

APN: 47121