$649,900
SOLD JUN 20, 2025

514 E 5th St Newberg, OR 97132

5 Beds
3.5 Baths
3,312 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$196 Per Sq Ft

6% Below List Price

38 Days on Market

Highlights

  • Home Theater
  • Covered Deck
  • Main Floor Primary Bedroom
  • Chehalem Valley Middle School Rated 9+
  • Vaulted Ceiling
  • 3-minute walk to Memorial Park

About This Home

As of June 2025

Discover the perfect blend of vintage charm and modern updates at 514 E 5th Street in Newberg! Originally built in 1905, this home was thoughtfully expanded in 1994 with a new addition and garage. As you step inside, you’ll be greeted by the spacious main-level primary suite, featuring vaulted ceilings, a large walk-in closet, built-in bookshelves, and French doors leading to the back deck. A versatile office/den space, which could easily serve as a 5th bedroom, adds to the home’s flexibility. The generously sized laundry room is conveniently located off the 3-car tandem garage. The back of the garage has extra storage + a utility sink. The beautifully updated kitchen is complete with quartz countertops, a moveable island, expansive pantry, and French doors opening to the back deck. Dreamy built-ins enhance the dining room, which seamlessly flows into the cozy living room.Upstairs, you’ll find 3 spacious bedrooms, a large bathroom, and a small loft/playroom. There’s also the potential for a separate entrance to the upper level for added privacy and convenience. Tucked into the southeast corner of the main level is a 350-square-foot recording studio with its own entrance, half bath, and endless possibilities—it could be used as a home office, gym, guest suite, or even an art studio. This property offers incredible versatility with potential for multigenerational living, dual living/ADU/potential rental income (buyer to do due diligence), or simply a wonderful place to call home. Located half a block from Memorial Park and playground, 4 blocks from downtown Newberg and less than 1/2 mile from George Fox University. Listing agent is related to the seller.

Last Agent to Sell the Property

Linsey Macy

Premiere Property Group, LLC License #200409145 Listed on: 04/11/2025

Premiere Property Group, LLC

Last Buyer's Agent

Ruth Howard

Equity Oregon Real Estate License #201220057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Garage on Main Level
  • Tandem Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • First Floor Utility Room
  • Wall to Wall Carpet
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Down Draft Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Minimal Steps

Outdoor Features

  • Covered Deck
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 53934

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,702

Year Built

Built in 1905 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1905
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 10 Features: BuiltinFeatures
  • Room 11 Features: Dishwasher,EatingArea,FamilyRoomKitchenCombo,FrenchDoors,GasAppliances,Island,Pantry
  • Room 12 Features: LivingRoomDiningRoomCombo
  • Room 13 Features: Bathroom,BuiltinFeatures,FrenchDoors,Skylight
  • Room 7 Features: Skylight
  • Room 8 Features: BuiltinFeatures
  • Room 9 Features: BuiltinFeatures,LivingRoomDiningRoomCombo
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath, MinimalSteps, UtilityRoomOnMain
  • Total Bathrooms: 3.1
  • Interior Amenities: GarageDoorOpener, Laundry, LuxuryVinylPlank, Quartz, SeparateLivingQuartersApartmentAuxLivingUnit, Skylight, SoakingTub, VaultedCeiling, WalltoWallCarpet, WasherDryer
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Main
  • Room 6 Description: MediaRoom
  • Room 6 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, DownDraft, FreeStandingGasRange, FreeStandingRefrigerator, InstantHotWater, Island, Pantry, PlumbedForIceMaker, Quartz
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Main Level Full Bathrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt7000to9999
  • Other Room10 Area: 117
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 143
  • Fifth Bedroom Area: 143
  • Bedroom 6 Area: 234
  • Bedroom 7 Area: 130
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 153
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 156
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredDeck, Deck, Fenced, GuestQuarters, Porch, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached,Tandem
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump
  • 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: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: 53934

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4701.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Jun 13, 2025
Sold by
M Maurice Macy Trust and Maurice Macy M
Bought by
Searls Jennifer M and Searls David S
Seller's Agent
Linsey Macy
Premiere Property Group, LLC
Buyer's Agent
Ruth Howard
Equity Oregon Real Estate
List Price
$689,900
Sold Price
$649,900
Premium/Discount to List
-$40,000
-5.8%
Views
76
Current Estimated Value
$646,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,135
Avg. Annual Appreciation
-1.55%
Original Mortgage
$519,920
Outstanding Balance
$518,572
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$128,193

Purchase Details

Closed on
Aug 14, 2023
Sold by
Macy M Maurice
Bought by
M Maurice Macy Trust and Macy

Purchase Details

Closed on
Feb 10, 2023
Sold by
Macy Living Trust
Bought by
Macy M Maurice
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $649,900 First American Title
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- Accommodation/Courtesy Recordi
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $519,920 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $649,900 0.0% $196 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $649,900 -5.8% $196 / Sq Ft
04/11/2025 04/11/25 For Sale $689,900 -- $208 / 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 $4,702 $294,121 -- --
2023 $4,540 $285,554 $0 $0
2022 $4,418 $277,237 $0 $0
2021 $4,299 $269,162 $0 $0
2020 $3,871 $261,322 $0 $0
2019 $3,819 $253,711 $0 $0
2018 $3,839 $246,321 $0 $0
2017 $4,081 $239,147 $0 $0
2016 $3,998 $232,182 $0 $0
2015 $3,926 $225,421 $0 $0
2014 $3,663 $218,857 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 718922556

Regional Multiple Listing Service (RMLS)

APN: 53934