NOT LISTED FOR SALE

507 N Meridian St Newberg, OR 97132

Estimated Value: $699,503 - $854,000

4 Beds
2 Baths
2,816 Sq Ft
$275/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $369,000 $131 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,789/month

6 Days on Market

About This Home

As of July 2014

Great rental history. Great location, across from George Fox College. Whole structure was taken down to the studs and redone.All appliances included;washer,dryer,refrigerator,range and dishwasher.Parking in back. Units #2 and #3 can be viewed. Exclude tenant's personal property!!

Last Agent to Sell the Property

Lawrence Hilton

MORE Realty License #860600102 Listed on: 05/28/2014

MORE Realty

Last Buyer's Agent

Meri Kerekanich

The Kelly Group Real Estate License #200604096

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,296

Year Built

  • Built in 1907

Lot Details

  • 8,843

Parking

  • Paved Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Range
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,296

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2816
  • Stories: 2
  • Year Built: 1907
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: BLOCK 3 DESKINS SECOND ADDITION = 008850 SQ FT PT LT

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Parking Description: Off Site, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Antonia Crater
  • High School: Newberg

Lot Info

  • Lot Description: Level
  • Zoning: R-4

Tax Info

  • Tax Amount: 3991.81
  • Assessor Parcel Number: 46444

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.34

MLS Schools

  • Elementary School: Antonia Crater
  • High School: Newberg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Evan Bellingar
Bought by
Bellingar Enterprises Llc
Total Days on Market
6
Current Estimated Value
$774,501

Purchase Details

Closed on
Feb 1, 2021
Sold by
Bellingar Evan W and Bellingar Kimberly Z
Bought by
Bellingar Evan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2019
Sold by
Bellinger Enterprises Llc
Bought by
Bellingar Evan W and Bellingar Kimberly Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2017
Sold by
Bellingar Evan W and Bellingar Kimberly Z
Bought by
Bellingar 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
$345,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 16, 2014
Sold by
Snowden Julianna Wood
Bought by
Bellingar Evan W and Bellingar Kimberly Z
Seller's Agent
Lawrence Hilton
MORE Realty
Buyer's Agent
Meri Kerekanich
The Kelly Group Real Estate
List Price
$369,900
Sold Price
$369,000
Premium/Discount to List
-$900
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$258,300
Interest Rate
4.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bellingar Enterprises Llc -- New Title Company Name
Bellingar Evan -- First American Title
Bellingar Evan W -- First American Title
Bellingar Enterprises Llc -- Amerititle
Bellingar Evan W $369,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellingar Evan $448,000
Previous Owner Bellingar Evan W $385,000
Previous Owner Bellingar Enterprises Llc $345,000
Previous Owner Bellingar Evan W $258,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2014 07/17/14 Sold $369,000 -0.2% $131 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $369,900 -- $131 / 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 $5,296 $331,314 -- --
2023 $5,114 $321,664 $0 $0
2022 $4,977 $312,295 $0 $0
2021 $4,842 $303,199 $0 $0
2020 $4,361 $294,368 $0 $0
2019 $4,302 $285,794 $0 $0
2018 $4,325 $277,470 $0 $0
2017 $4,598 $269,388 $0 $0
2016 $4,503 $261,542 $0 $0
2015 $4,423 $253,926 $0 $0
2014 $4,126 $246,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14592783

Regional Multiple Listing Service (RMLS)

APN: 46444