$185,000
SOLD SEP 3, 2024

516 E Melody Ln Newberg, OR 97132

0.27 Acre
$685,185 Price per Acre
11,761 Sq Ft Lot

Recently Sold

12% Below List Price

75 Days on Market

Highlights

  • Territorial View
  • Level Lot
  • 5-minute walk to Buckley Park
  • No HOA
  • No Heating

About This Lot

As of September 2024

Prime land opportunity nestled in the heart of renowned wine country. This exceptional parcel is ideal for development, offering a unique chance to create a custom project in a highly sought-after location. Conveniently situated near George Fox University's Newberg campus, it is surrounded by an array of local eateries, providing a vibrant community atmosphere. The land features a shared driveway with a maintenance agreement in place, ensuring hassle-free access. Whether you're looking to build a dream home or invest in a promising development, this property presents endless possibilities. Don't miss the chance to own a piece of Newberg's thriving landscape.

Last Agent to Sell the Property

Jordan Matin

Matin Real Estate License #200707018 Listed on: 06/06/2024

Co-Listed By

Reed Bright

Matin Real Estate License #201244990

Last Buyer's Agent

Reed Bright

Matin Real Estate License #201244990

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,994

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Flag Lot
  • Property is zoned R1

Property Views

  • Territorial Views

Schools

  • Antonia Crater Elementary School
  • Chehalem Valley Middle School
  • Newberg High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 712280

Property Details

Property Type

Land

Est. Annual Taxes

$1,994

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: Yes
  • Lot Features: FlagLot
  • Road Surface Type: Paved
  • Other Structures: Sidewalk
  • View: Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, PublicSewer, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Antonia Crater
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley

Lot Info

  • Zoning: R1
  • Present Use: RawLand
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761.0
  • Parcel #: 712280

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1994.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 9, 2024
Sold by
Candice C Siegfried Irrevocable Trust and Charles C Siegfried Irrevocable Trust
Bought by
Melodyland Llc
Seller's Agent
Jordan Matin
Matin Real Estate
Buyer's Agent
Reed Bright
Matin Real Estate
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Views
29
Current Estimated Value
$187,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,000
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Oct 7, 2021
Sold by
Codiga Construction Inc
Bought by
Irrevocabl Charles C Siegfried
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 Type Sale Price Title Company
Warranty Deed $185,000 Ticor Title
Warranty Deed $229,900 New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $860,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $185,000 -5.1% --
08/21/2024 08/21/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $195,000 -7.1% --
06/06/2024 06/06/24 For Sale $210,000 -- --
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 $2,065 $129,186 -- --
2023 $1,994 $125,423 $0 $0
2022 $1,941 $121,770 $0 $0
2021 $1,888 $118,223 $0 $0
2020 $1,700 $114,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24553115

Regional Multiple Listing Service (RMLS)

APN: 712280