NOT LISTED FOR SALE

503 S Edwards St Newberg, OR 97132

Estimated Value: $657,000 - $732,423

3 Beds
3 Baths
2,459 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $783,000 $318 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,063/month

62 Days on Market

Highlights

  • Built-In Refrigerator
  • Corner Lot
  • No HOA
  • Wood Flooring
  • Quartz Countertops
  • Covered Patio or Porch

About This Home

As of May 2024

Mid-Century modern Bungalow, built in 1949. Extremely well done remodel with high end finishes and amenities. Completely new modern kitchen. A gourmet cook would love this well appointed kitchen with this high end gas stove, soft close doors and drawers, built in refrigerator with cabinet faced doors, and walk in pantry. Bright and cheery with natural light. Main hall bath is fully remodeled with flush to floor walk in tile shower. Spacious laundry room with custom cabinets surrounding WA/DR which are included. Brand new Owners Suite above new oversized garage. The Owners suite boasts soaring vaulted ceilings, amazing storage behind removable bookcases, fully tiled bathroom with custom steam shower and separate soaking tub, heated tile floors. An additional room off owners suite could be a nursery, a reading room, a personal office, an art studio or private gym space. Approximately 1850 sq ft in the main house portion, 3 bedrooms and 2 full baths, Plus an approved and functioning Short Term rental apartment (or could be used as regular monthly rental. Apartment space is fully furnished and all furnishings included. Rental space has great potential being centrally located close to downtown Newberg and just blocks away from George Fox University. An ideal property that simply must be seen. Potential as dual living property

Last Agent to Sell the Property

Rob Molzahn

Pioneer Properties Oregon Real Estate License #900100298 Listed on: 02/03/2024

Last Buyer's Agent

Tim Kaelin

Coldwell Banker Professional License #201245456

Coldwell Banker Professional

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,006

Year Built

  • Built in 1949

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Raised Garden Beds

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Extra Deep Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Bungalow
  • Composition Roof
  • Lap Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,459 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Double Oven
  • Free-Standing Range
  • Range Hood
  • Built-In Refrigerator
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Walk-in Shower

Basement

  • Exterior Basement Entry
  • Crawl Space

Accessible Home Design

  • Accessibility Features
  • Minimal Steps

Schools

  • Edwards Elementary School
  • Mountain View Middle School
  • Newberg High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • High Speed Internet

Additional Features

  • Air Cleaner
  • Covered Patio or Porch
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 53480

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,006

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1949
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 783000.0
  • Open House: No
  • Room 11 Features: BuiltinRefrigerator,CountryKitchen,EatingArea,ExteriorEntry,FrenchDoors,GasAppliances,GourmetKitchen,Pantry,Patio
  • Room 12 Features: Bookcases,Fireplace,HardwoodFloors
  • Room 13 Features: Bathroom
  • Room 7 Features: ExteriorEntry
  • Special Features: None

Interior Features

  • Accessibility Features: GarageonMain, MinimalSteps, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: AccessoryDwellingUnit, AirCleaner, CeilingFan, GarageDoorOpener, HardwoodFloors, HighSpeedInternet, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Main
  • Room 5 Description: GuestQuarters
  • Room 5 Features: Dishwasher,EatingArea,ExteriorEntry
  • Room 5 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinRefrigerator, Dishwasher, Disposal, DoubleOven, FreeStandingRange, GasAppliances, Pantry, Quartz, RangeHood, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar,LapSiding,ShingleSiding
  • Exterior Features: CoveredPatio, Fenced, RaisedBeds, Sprinkler
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached,ExtraDeep,Oversized
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: ENERGYSTARQualifiedEquipment,Gas
  • Internet Service Type: Cable
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • 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: Mountain View

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.12
  • Lot Size: 50 X 100
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 53480

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5005.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
May 13, 2024
Sold by
Devell Llc
Bought by
Ewedemi Living Trust and Ewedemi
Seller's Agent
Rob Molzahn
Pioneer Properties Oregon Real Estate
Buyer's Agent
Tim Kaelin
Coldwell Banker Professional
List Price
$799,900
Sold Price
$783,000
Premium/Discount to List
-$16,900
-2.11%
Views
99
Current Estimated Value
$689,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,894
Avg. Annual Appreciation
-8.01%
Original Mortgage
$350,000
Outstanding Balance
$344,383
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$344,723

Purchase Details

Listed on
Feb 3, 2024
Closed on
Mar 21, 2024
Sold by
Powell Matthew L and Powell Renee A
Bought by
Devell Llc
Seller's Agent
Rob Molzahn
Pioneer Properties Oregon Real Estate
Buyer's Agent
Tim Kaelin
Coldwell Banker Professional
List Price
$799,900
Sold Price
$783,000
Premium/Discount to List
-$16,900
-2.11%
Views
99

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$344,383
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$344,723

Purchase Details

Closed on
Jun 24, 2016
Sold by
Powell Leroy D and Powell Marian P
Bought by
Powell Matthew L and Powell Renee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,400
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2014
Sold by
Robley Dale E and Robley Beth A
Bought by
Powell Matthew L and Powell Renee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,920
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2008
Sold by
Robley Dale E
Bought by
Robley Dale E and Robley Beth A

Purchase Details

Closed on
May 23, 2007
Sold by
Lyda Stephen and Lyda Amy K
Bought by
Robley Dale E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2005
Sold by
Lyda James D and Lyda Deanna A
Bought by
Lyda Stephen and Lyda Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ewedemi Living Trust $783,000 First American Title
Devell Llc -- First American Title
Powell Matthew L -- First American Title
Powell Matthew L $209,900 First American Title
Robley Dale E -- None Available
Robley Dale E $250,000 Ticor Title Insurance Co
Lyda Stephen $160,000 Ticor Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewedemi Living Trust $350,000
Previous Owner Powell Matthew L $170,400
Previous Owner Powell Matthew L $167,920
Previous Owner Robley Dale E $200,000
Previous Owner Lyda Stephen $128,000
Closed Lyda Stephen $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $783,000 -2.1% $318 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $799,990 0.0% $325 / Sq Ft
03/14/2024 03/14/24 Price Changed $799,900 0.0% $325 / Sq Ft
03/14/2024 03/14/24 For Sale $799,900 -1.8% $325 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $814,900 -- $331 / 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
2025 $5,390 $334,004 -- --
2024 $5,184 $324,276 -- --
2023 $5,006 $314,831 $0 $0
2022 $3,062 $192,125 $0 $0
2021 $2,979 $186,529 $0 $0
2020 $2,683 $181,096 $0 $0
2019 $2,646 $175,821 $0 $0
2018 $2,661 $170,700 $0 $0
2017 $2,828 $165,728 $0 $0
2016 $2,771 $160,901 $0 $0
2015 $2,721 $156,216 $0 $0
2014 $2,538 $151,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24038828

Regional Multiple Listing Service (RMLS)

APN: 53480