Seller's Agent in 2025
Debbi Burright
Burright Realty Group LLC
(503) 307-8355
22 Total Sales
607 W 1st St Newberg, OR 97132
9
Beds
6
Baths
3,426
Sq Ft
0.26
Acres
Highlights
- Private Lot
- No HOA
- 90% Forced Air Heating and Cooling System
- Dundee Elementary School Rated 9+
- Security Gate
- High Speed Internet
About This Home
As of September 2025If you have always wanted to own an investment property, but found there was always too much to fix up or repair to bring in great revenue? Well this triplex is one that will save you all the trouble and expense. It has been extensively remodeled in 2020/2021 and has a consistent rental history. Designed with ease of maintenance, all the major work has been done. No need to use your money to fix it up. Gross receipts of nearly 80K/year and low expenses make for lucrative passive income. All units are on renewed 12 month leases at great market rates with some room for increases. New or newer - LVP Floors, carpets, roof, TREX decking/steps, appliances, granite, light fixtures, plumbing fixtures, and so much more. Each unit offers affordable central HVAC and indoor washer/dryer hook-up. The updated look of each unit makes them very easy to rent at market rate and stay rented. Landlord only pays water/sewer with low cost internet paid for Unit 3 because of a security camera and light. That unit has also been an owner's unit and comes with upgraded appliances/HVAC/Air Cleaner. Please do not drive onto property or disturb the tenants. There is no sign on the property. Write offers subject to interior walk-thru upon approved offer with verified funds or loan approval letter. Buyer to verify schools. No Seller Carry.
Last Agent to Sell the Property
Burright Realty Group LLC Brokerage Email: Debbi@BurrightRealtyGroup.com License #801204020 Listed on: 05/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,871
Year Built
- Built in 1998 | Remodeled
Lot Details
- 0.26 Acre Lot
- Gated Home
- Private Lot
- Level Lot
- Flag Lot
Parking
- 3 Car Garage
- Off-Street Parking
- Assigned Parking
Home Design
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,426 Sq Ft Home
- 2-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Home Security
- Security Lights
- Security Gate
Schools
- Dayton Middle School
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes sewer, water
- Assessor Parcel Number 52249
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $17,048
- Gross Income $79,920
- Net Operating Income $62,872
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 3, 2019
Sold by
Hendrix Clayton B and Hendrix Mary J
Bought by
Burright Debbi S D and Burright Thomas L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$409,010
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$474,691
Purchase Details
Closed on
Aug 14, 2015
Sold by
Lee Knutson Andy James
Bought by
Hendrix Clayton B and Hendrix Mary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2005
Sold by
Nibler Lawrence G and Nibler Jamie L
Bought by
Lee Knutson Andy James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $580,000 | First American | |
| Warranty Deed | $404,000 | Ticor Title | |
| Warranty Deed | $317,500 | Northwest Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $464,000 | New Conventional | |
| Previous Owner | $303,000 | New Conventional | |
| Previous Owner | $254,000 | Fannie Mae Freddie Mac | |
| Closed | $31,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Sold | $1,000,000 | -16.4% | $292 / Sq Ft |
| 08/26/2025 08/26/25 | Pending | -- | -- | -- |
| 08/04/2025 08/04/25 | Price Changed | $1,195,900 | -0.3% | $349 / Sq Ft |
| 06/29/2025 06/29/25 | Price Changed | $1,199,990 | -7.7% | $350 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $1,299,990 | -- | $379 / 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 |
|---|---|---|---|---|
| 2024 | $7,084 | $443,145 | -- | -- |
| 2023 | $6,841 | $430,238 | $0 | $0 |
| 2022 | $6,657 | $417,707 | $0 | $0 |
| 2021 | $6,477 | $405,541 | $0 | $0 |
| 2020 | $5,832 | $393,729 | $0 | $0 |
| 2019 | $5,754 | $382,261 | $0 | $0 |
| 2018 | $5,785 | $371,127 | $0 | $0 |
| 2017 | $6,149 | $360,317 | $0 | $0 |
| 2016 | $6,024 | $349,822 | $0 | $0 |
| 2015 | $5,916 | $339,635 | $0 | $0 |
| 2014 | $5,519 | $329,744 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Debbi Burright
-
Kelly White
Buyer's Agent in 2025
Kelly White
Premiere Property Group, LLC
(503) 670-9000
45 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 216501468
APN: 52249
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.
Nearby Homes
- 601 W 1st St
- 119 N Harrison St
- 200 W 3rd St
- 605 N Grant St
- 500 N Main St
- 170 E 3rd St
- 200 E 3rd St
- 140 W Johanna Ct
- 405 S Blaine St
- 110 Lauren Ct
- 608 E Franklin St
- 512 S Howard St
- 100 N Markris Way
- 1200 N Marguerite Way
- 111 E 9th St
- 735 N College St
- 0 N College St
- 0 Greenleaf Dr
- 404 Brandon Dr
- 0 NE Cullen Rd