NOT LISTED FOR SALE

712 S Chehalem St Newberg, OR 97132

Estimated Value: $759,000 - $865,000

5 Beds
4 Baths
-- Sq Ft
0.34 Acres

Last Sold September 29, 2017

Last sale price $510,000

Est. 57% increase in value since last sale

Current estimated payment $4,955/month

84 Days on Market

Highlights

  • Fenced Yard
  • Baseboard Heating
  • Carpet
  • Patio
  • Wood Siding
  • 4-minute walk to Scott Leavitt Park

About This Home

As of September 2017

Investment opportunity!!! This easy to manage fourplex has 100% occupancy with long term renters. Each unit features a patio, fenced backyard, and washer/dryer hookups. Close to Newberg's downtown, parks and elementary school. 0.6 miles south of George Fox University. Showings will be subject to written offers. Please call for additional information.

Last Listed By

Kelly Hagglund

THE KELLY GROUP REAL ESTATE License #981100019 Listed on: 05/11/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,681

Year Built

  • 1963

Lot Details

  • 0.34

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Flooring

  • Carpet
  • Laminate

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Electric Range
  • Washer and Dryer Hookup
  • Patio
  • Fenced Yard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,681

Year Built

1963

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric
  • Syndicated Remarks: Investment opportunity!!! This easy to manage fourplex has 100% occupancy with long term renters. Each unit features a patio, fenced backyard, and washer/dryer hookups. Close to Newberg's downtown, parks and elementary school. 0.6 miles south of George Fox University. Showings will be subject to written offers. Please call for additional information.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Flooring: Carpet, Laminate
  • Laundry: W/D Hookup

Exterior Features

  • Patio: Patio
  • Fenced Yard: Yes
  • Foundation: Slab
  • Roof: Composition, Shingle
  • Siding: Wood

Utilities

  • Heating: Baseboard
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Geo Subdivision: OR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Sep 27, 2017
Sold by
Maes Kenneth and Maes Anita
Bought by
Wear Kirk M and Wear Eileen R
Seller's Agent
Kelly Hagglund
THE KELLY GROUP REAL ESTATE
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Total Days on Market
84
Current Estimated Value
$801,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,477
Avg. Annual Appreciation
6.05%
Original Mortgage
$382,500
Outstanding Balance
$325,728
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$475,749

Purchase Details

Closed on
Sep 18, 2007
Sold by
Advantage Equities Llc 5984
Bought by
Maes Kenneth and Maes Anita

Purchase Details

Closed on
Apr 23, 2007
Sold by
Maes Kenneth and Maes Anita
Bought by
Advantage Equities Llc 5984

Purchase Details

Closed on
Feb 7, 2007
Sold by
Maes Kenneth and Maes Anita
Bought by
Maes Kenneth E and Maes Anita D
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 Buyer Sale Price Title Company
Wear Kirk M $510,000 Lawyers Title
Maes Kenneth -- None Available
Advantage Equities Llc 5984 -- Accommodation
Maes Kenneth E -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wear Kirk M $150,000
Open Wear Kirk M $382,500
Previous Owner Maes Kenneth $292,000
Previous Owner Maes Kenneth E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $510,000 -2.9% --
08/03/2017 08/03/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $525,000 -- --
Source: Willamette Valley MLS

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 $5,681 $355,418 -- --
2023 $5,486 $345,066 $0 $0
2022 $5,098 $319,883 $0 $0
2021 $4,960 $310,566 $0 $0
2020 $4,466 $301,520 $0 $0
2019 $4,406 $292,738 $0 $0
2018 $4,430 $284,212 $0 $0
2017 $4,709 $275,934 $0 $0
2016 $4,613 $267,897 $0 $0
2015 $4,530 $260,096 $0 $0
2014 $4,226 $252,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Willamette Valley MLS

MLS Number: 718110

Willamette Valley MLS

APN: 61523