Seller's Agent in 2024
Lauren Musco
BHHS Oregon- Northwest
(971) 300-9272
45 Total Sales
520 Michelle Ct Newberg, OR 97132
Estimated Value: $518,051 - $555,000
4
Beds
2
Baths
--
Sq Ft
7,840
Sq Ft Lot
Highlights
- Territorial View
- No HOA
- Home Security System
- Chehalem Valley Middle School Rated 9+
- Cul-De-Sac
- Forced Air Heating System
About This Home
As of July 2024Beautifully updated duplex in Newberg! This charming duplex is perfect for those looking for a home with rental income potential or an investor seeking to lease out a modernized unit. One unit currently has a long term renter, while the other unit has been thoughtfully upgraded and is move-in ready. Updates include fresh paint throughout, new quartz counters, new flooring throughout, and new stainless steel appliances. Located on a cul-de-sac, this property boasts spacious backyards and attached garages for both units.Enjoy low-maintenance living with an all-brick exterior, ensuring durability and ease of upkeep. The fenced backyards offer privacy and are perfect for outdoor activities or pets.Experience the best of both worlds with suburban tranquility and proximity to downtown Newberg, where you can enjoy boutique shops, local eateries, vibrant community events. Conveniently located only 1.5 miles from George Fox University and nestled in the heart of wine country with easy access to wineries and vineyards within a 5-mile radius.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices NW Real Estate License #201207198 Listed on: 06/28/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,062
Year Built
- Built in 1980
Lot Details
- 7,840 Sq Ft Lot
- Cul-De-Sac
- Level Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Brick Exterior Construction
- Composition Roof
Schools
- Edwards Elementary School
- Chehalem Valley Middle School
- Newberg High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Territorial Views
- Crawl Space
Listing and Financial Details
- Assessor Parcel Number 279889
Community Details
Overview
- No Home Owners Association
- 2 Units
- Village Park Addition Subdivision
Building Details
- Operating Expense $3,437
- Gross Income $13,840
- Net Operating Income $10,403
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2024
Closed on
Jul 11, 2024
Sold by
Bergen Brian
Bought by
Rays Investments Llc
Seller's Agent
Lauren Musco
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Tom DeMonbrun
Metro Group Realty
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,487
Avg. Annual Appreciation
-0.67%
Purchase Details
Listed on
Aug 2, 2021
Closed on
Oct 4, 2021
Sold by
Ficker Robert J and Ficker Sandra L
Bought by
Bergen Brian
Seller's Agent
Michael Cook
Mike Cook Properties, LLC
Buyer's Agent
Lauren Musco
Berkshire Hathaway HomeServices NW Real Estate
List Price
$440,000
Sold Price
$455,000
Premium/Discount to List
$15,000
3.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$341,250
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 8, 2011
Sold by
Ficker Robert J and Ficker Sandra L
Bought by
Ficker Robert J and Ficker Sandra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2009
Sold by
Housing Authority Yamhill
Bought by
Ficker Robert J and Ficker Sandra L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,875
Interest Rate
5.09%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rays Investments Llc | $535,000 | Old Republic Title | |
| Bergen Brian | $455,000 | First American | |
| Ficker Robert J | -- | First American Title | |
| Ficker Robert J | $162,500 | Fnt |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bergen Brian | $341,250 | |
| Previous Owner | Ficker Robert J | $120,000 | |
| Previous Owner | Ficker Robert J | $121,875 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/12/2024 07/12/24 | Sold | $535,000 | -1.8% | -- | |
| 06/30/2024 06/30/24 | Pending | -- | -- | -- | |
| 06/28/2024 06/28/24 | For Sale | $545,000 | +19.8% | -- | |
| 10/12/2021 10/12/21 | Sold | $455,000 | +3.4% | $252 / Sq Ft | View Prior Sale |
| 08/04/2021 08/04/21 | Pending | -- | -- | -- | |
| 08/02/2021 08/02/21 | For Sale | $440,000 | -- | $244 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $3,297 | $204,294 | -- | -- |
| 2024 | $3,171 | $198,344 | -- | -- |
| 2023 | $3,062 | $192,567 | $0 | $0 |
| 2022 | $2,980 | $186,958 | $0 | $0 |
| 2021 | $2,899 | $181,513 | $0 | $0 |
| 2020 | $2,610 | $176,226 | $0 | $0 |
| 2019 | $2,575 | $171,093 | $0 | $0 |
| 2018 | $2,589 | $166,110 | $0 | $0 |
| 2017 | $2,752 | $161,272 | $0 | $0 |
| 2016 | $2,696 | $156,575 | $0 | $0 |
| 2015 | $2,648 | $152,016 | $0 | $0 |
| 2014 | $2,470 | $147,590 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lauren Musco
-
Tom DeMonbrun
Buyer's Agent in 2024
Tom DeMonbrun
Metro Group Realty
(503) 341-5026
38 Total Sales
-
Michael Cook
Seller's Agent in 2021
Michael Cook
Mike Cook Properties, LLC
(503) 538-7653
53 Total Sales
-
Cheryl Cook
Seller Co-Listing Agent in 2021
Cheryl Cook
Mike Cook Properties, LLC
(503) 550-4640
47 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24522953
APN: 279889
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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