$422,000
SOLD DEC 6, 2024

502 E 5th St Newberg, OR 97132

4 Beds
2 Baths
1,596 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

2% Below List Price

33 Days on Market

Highlights

  • City View
  • Corner Lot
  • No HOA
  • 1 Fireplace
  • Private Yard
  • 2-minute walk to Memorial Park

About This Home

As of December 2024

Well maintained single-level home situated across from Memorial Park in quiet South Newberg neighborhood. Minutes from downtown and George Fox University. Great starter home or rental with fenced yard and garden area. Plenty of storage area and most appliances included, including new fridge.

Last Agent to Sell the Property

Jim Jackson

Berkshire Hathaway HomeServices NW Real Estate License #201207109 Listed on: 10/04/2024

Berkshire Hathaway HomeServices NW Real Estate

Last Buyer's Agent

Tim Hardy

Keller Williams Realty Professionals License #980800192

Keller Williams Realty Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1946

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Garden

Property Views

  • City
  • Territorial
  • Park or Greenbelt

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Pad
  • On-Street Parking

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 54014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1946
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher,Disposal
  • Room 12 Features: Fireplace
  • Special Features: None

Interior Features

  • Accessibility Features: GroundLevel, OneLevel
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: LaminateFlooring, Laundry, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Basement: None
  • Window Features: VinylFrames
  • Appliances: BuiltinOven, Dishwasher, Disposal, FreeStandingRefrigerator, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Other Room10 Area: 252
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 98
  • Bedroom 7 Area: 130
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 90
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 120
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Stucco
  • Exterior Features: Fenced, Garden, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City,ParkGreenbelt,Territorial

Garage/Parking

  • Parking Description: OnStreet, ParkingPad
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: FiberOptics
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir, WallHeater
  • 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

  • Land Lease: No
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 54014

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3047.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 6, 2024
Sold by
Cadd Living Trust and Brannon Carolyn
Bought by
Hall Dallas L and Hall Brittany B
Seller's Agent
Jim Jackson
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Tim Hardy
Keller Williams Realty Professionals
List Price
$432,000
Sold Price
$422,000
Premium/Discount to List
-$10,000
-2.31%
Views
120
Current Estimated Value
$429,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,313
Avg. Annual Appreciation
1.77%
Original Mortgage
$337,600
Outstanding Balance
$336,069
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$91,074
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $422,000 First American Title
Warranty Deed $422,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,600 New Conventional
Closed $337,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $422,000 -2.3% $264 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $432,000 -- $271 / 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 $3,156 $197,428 -- --
2023 $3,048 $191,678 $0 $0
2022 $2,966 $186,095 $0 $0
2021 $2,886 $180,675 $0 $0
2020 $2,598 $175,413 $0 $0
2019 $2,563 $170,304 $0 $0
2018 $2,577 $165,344 $0 $0
2017 $2,740 $160,528 $0 $0
2016 $2,684 $155,852 $0 $0
2015 $2,636 $151,314 $0 $0
2014 $2,459 $146,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24389460

Regional Multiple Listing Service (RMLS)

APN: 54014