$164,900
SOLD MAR 25, 2016

516 N Morton St Newberg, OR 97132

4 Beds
2 Baths
1,745 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

13 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of November 2016

Attention investors! Perfect rehab/fixer candidate in prime Newberg location. Duplex in residential neighborhood. Single level - each side features 2BR/1BA in just under 900SF. Nice layout, good bones but needs TLC to make it shine. Wood floors in one unit, possibly in second unit? Off-street parking with carport. Good-sized lot and close to college. Buyer to do their own due diligence.

Last Agent to Sell the Property

Susie Hansen

Premiere Property Group, LLC License #990600174

Premiere Property Group, LLC

Last Buyer's Agent

Susie Hansen

Premiere Property Group, LLC License #990600174

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,910

Year Built

  • Built in 1962

Parking

  • Carport

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,910

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1745
  • Stories: 1
  • Year Built: 1962
  • Year Built Description: Approximately
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 007531 SQ FT IN SEC 18 T3S R2W 71' X 100' ON MORTON

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup, Wood Floors

Schools

  • Elementary School: Antonia Crater
  • High School: Newberg

Lot Info

  • Lot Description: Level
  • Zoning: R2

Tax Info

  • Tax Amount: 2791.61
  • Assessor Parcel Number: 43811

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Antonia Crater
  • High School: Newberg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Nov 14, 2016
Sold by
T5 Development Llc
Bought by
Mccarthy John W and Mccarthy Deanna J
Seller's Agent
Kelly Hagglund
THE KELLY GROUP REAL ESTATE
List Price
$295,000
Sold Price
$288,000
Premium/Discount to List
-$7,000
-2.37%
Total Days on Market
13
Current Estimated Value
$511,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,827
Avg. Annual Appreciation
6.97%
Original Mortgage
$297,504
Outstanding Balance
$242,027
Interest Rate
3.42%
Mortgage Type
VA
Estimated Equity
$269,800

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 13, 2016
Sold by
U S Bank Trust Na
Bought by
T5 Development Llc
Seller's Agent
Susie Hansen
Premiere Property Group, LLC
Buyer's Agent
Susie Hansen
Premiere Property Group, LLC
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
135.82%
Original Mortgage
$165,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2016
Sold by
Juarez Hermilo V and Pina Luz A
Bought by
U S Bank Trust Na

Purchase Details

Closed on
Jan 6, 2007
Sold by
Pina Luz Adriana
Bought by
Juarez Hermilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
6.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 2, 2005
Sold by
Rathkey Craig A and Rathkey Karen L
Bought by
Juarez Hermilo and Pina Luz A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,800
Interest Rate
7.1%
Mortgage Type
Fannie Mae Freddie Mac

Map

Range of Values:

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ICE

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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 $288,000 First American Title
Special Warranty Deed $164,900 First American
Sheriffs Deed $145,567 None Available
Contract Of Sale $5,000 None Available
Warranty Deed $181,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $297,504 VA
Previous Owner $165,000 New Conventional
Previous Owner $5,000 Seller Take Back
Previous Owner $144,800 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $288,000 -2.4% $165 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $295,000 +78.9% $169 / Sq Ft
03/25/2016 03/25/16 Sold $164,900 0.0% $94 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $164,900 -- $94 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,910 $244,607 -- --
2023 $3,776 $237,483 $0 $0
2022 $3,675 $230,566 $0 $0
2021 $3,575 $223,850 $0 $0
2020 $3,219 $217,330 $0 $0
2019 $3,176 $211,000 $0 $0
2018 $3,193 $204,854 $0 $0
2017 $3,394 $198,887 $0 $0
2016 $2,842 $165,077 $0 $0
2015 $2,792 $160,270 $0 $0
2014 $2,604 $155,603 $0 $0
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16018319

Regional Multiple Listing Service (RMLS)

APN: 43811