$935,270
SOLD APR 9, 2025

619 E 10th St Newberg, OR 97132

-- Bed
-- Bath
3,696 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

6% Below List Price

10 Days on Market

Highlights

  • Corner Lot
  • 4 Car Garage
  • Heating System Mounted To A Wall or Window
  • Chehalem Valley Middle School Rated 9+

About This Home

As of April 2025

Exceptional investment opportunity! Great location situated on a prime corner lot. This property features four two-bedroom, two-bathroom units, each with a garage, driveway, and dedicated parking space. Consistently occupied, these units offer reliable rental income. Convenient to parks, schools, and George Fox University, ensuring strong demand and long-term value. Don’t miss your chance to invest in this high-performing asset!

Last Agent to Sell the Property

Phelan Van Deren

Delavan Realty Inc License #201241078 Listed on: 03/04/2025

Co-Listed By

Rachel Delavan

Delavan Realty Inc License #201216347

Last Buyer's Agent

Rachael Osmon

Omni Realty Group, LLC License #200312058

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,482

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,696 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number 508273

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $19,252
  • Gross Income $71,604
  • Net Operating Income $52,352

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,482

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 935270.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Edwards
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley

Lot Info

  • Zoning: RES
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 508273

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 9481.61

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.96
  • Annual Gross Income: 71604.0
  • Property Net Operating Income: 52352.0
  • Annual Operating Expense: 19252.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 7, 2025
Sold by
Olson Greg and Olson Cynthia
Bought by
Front Row Investments Llc
Seller's Agent
Phelan Van Deren
Delavan Realty Inc
Buyer's Agent
Rachael Osmon
Omni Realty Group, LLC
List Price
$999,900
Sold Price
$935,270
Premium/Discount to List
-$64,630
-6.46%
Views
8
Current Estimated Value
$938,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,896
Avg. Annual Appreciation
0.42%

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 26, 2023
Sold by
Zeidman Kenneth Lee
Bought by
Olson Greg and Olson Cynthia
Seller's Agent
Niki Alipoor
Keller Williams Realty Portland Premiere
Buyer's Agent
Phelan Van Deren
Delavan Realty Inc
List Price
$895,000
Sold Price
$895,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 18, 2023
Sold by
Zeidman Kenneth Lee
Bought by
Zeidman Kenneth Lee and Zeidman Jennifer
Seller's Agent
Niki Alipoor
Keller Williams Realty Portland Premiere
Buyer's Agent
Phelan Van Deren
Delavan Realty Inc
List Price
$895,000
Sold Price
$895,000

Purchase Details

Closed on
Feb 11, 2017
Sold by
Zberg Llc
Bought by
Zeidman Kenneth Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2015
Sold by
Picard Keely Rae and Picard Johnson Keely Rae
Bought by
Zberg Llc

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 30, 2012
Sold by
Symank Stanton J and Symank Lori J
Bought by
Picard Johnson Keely Rae
Seller's Agent
Mark Mills
REMC Properties.com
Buyer's Agent
Philip Higgins
Pacific Crest RE Advisors
List Price
$332,000
Sold Price
$310,000
Premium/Discount to List
-$22,000
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%
Original Mortgage
$232,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2005
Sold by
619 East 10Th Llc
Bought by
Symank Stanton J and Symank Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,200
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Taylor Nancy A
Bought by
619 East 10Th Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $935,270 Amerititle
Warranty Deed $895,000 Amerititle
Bargain Sale Deed -- Wfg Title
Quit Claim Deed -- Servicelink
Warranty Deed $470,500 Ticor Title
Warranty Deed $310,000 First American Title
Warranty Deed $334,000 Fidelity National Title Co
Bargain Sale Deed -- Fidelity Natl Title Co Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 New Conventional
Previous Owner $232,500 New Conventional
Previous Owner $267,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2025 04/09/25 Sold $935,270 -6.5% $253 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $999,900 +11.7% $271 / Sq Ft
04/28/2023 04/28/23 Sold $895,000 0.0% $307 / Sq Ft View Prior Sale
03/03/2023 03/03/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $895,000 +188.7% $307 / Sq Ft
12/03/2012 12/03/12 Sold $310,000 -6.6% $84 / Sq Ft View Prior Sale
11/28/2012 11/28/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $332,000 -- $90 / 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
2025 $9,859 $610,952 -- --
2024 $9,482 $593,157 -- --
2023 $9,156 $575,881 $0 $0
2022 $8,911 $559,108 $0 $0
2021 $8,669 $542,823 $0 $0
2020 $7,807 $527,013 $0 $0
2019 $7,701 $511,663 $0 $0
2018 $7,743 $496,760 $0 $0
2017 $8,231 $482,291 $0 $0
2016 $8,039 $468,244 $0 $0
2015 $7,918 $454,607 $0 $0
2014 $7,387 $441,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 429644101

Regional Multiple Listing Service (RMLS)

APN: 508273