NOT LISTED FOR SALE

814 E 4th St Newberg, OR 97132

Estimated Value: $437,000 - $479,000

4 Beds
2 Baths
1,560 Sq Ft
$288/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $422,500 $271 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,607/month

2 Days on Market

Highlights

  • Corner Lot
  • Garage
  • 4-minute walk to Herbert Hoover Park
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2023

Great development opportunity with solid rental income. This tri-plex is 4-blocks to downtown Newberg, restaurants, shopping & close to George Fox University. City says many possibilities: restore plex back to its glory, divide, build middle housing, SFR or townhomes. Do not disturb tenants or walk up on property. first. Interior inspection with accepted offer. Owner is licensed agent in OR.

Last Agent to Sell the Property

Anita Borgaes

eXp Realty, LLC Brokerage Email: or.broker@exprealty.net License #200211111 Listed on: 08/29/2023

eXp Realty, LLC

Last Buyer's Agent

Patti Jensen

Premiere Property Group, LLC License #200307193

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 1895

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Fixer Upper
  • Wood Siding

Schools

  • Edwards Elementary School
  • Mountain View Middle School
  • Newberg High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes electricity, gas, ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 52917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,543

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1895
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Concrete
  • Disclosures: Disclosure

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Edwards
  • High School: Newberg
  • Middle Or Junior School: Mountain View

Lot Info

  • Zoning: R-2
  • Parcel #: 52917

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Gas, MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2543.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2024
Sold by
Samson Consulting Llc
Bought by
Samson Home Rentals Llc
Total Days on Market
2
Current Estimated Value
$448,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,875
Outstanding Balance
$553,128
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$104,491

Purchase Details

Listed on
Aug 29, 2023
Closed on
Sep 22, 2023
Sold by
Wine Country Properties Llc
Bought by
Samson Consulting Llc
Seller's Agent
Anita Borgaes
eXp Realty, LLC
Buyer's Agent
Patti Jensen
Premiere Property Group, LLC
List Price
$399,000
Sold Price
$422,500
Premium/Discount to List
$23,500
5.89%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$560,250
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Ellingsworth Jeral and Ellingsworth Debbie
Bought by
Wine Country Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.64%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Samson Home Rentals Llc -- Amerititle
Samson Consulting Llc $422,500 Ticor Title
Wine Country Properties Llc $240,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samson Home Rentals Llc $555,875
Previous Owner Samson Consulting Llc $560,250
Previous Owner Wine Country Properties Llc $240,000
Previous Owner Ellingsworth Jeral $198,300
Previous Owner Ellingsworth Jeral $212,000
Previous Owner Ellingsworth Jeral $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $422,500 +5.9% $271 / Sq Ft
08/29/2023 08/29/23 For Sale $399,000 -- $256 / 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
2024 $2,706 $169,289 -- --
2023 $2,613 $164,358 $0 $0
2022 $2,543 $159,571 $0 $0
2021 $2,474 $154,923 $0 $0
2020 $2,228 $150,411 $0 $0
2019 $2,198 $146,030 $0 $0
2018 $2,210 $141,777 $0 $0
2017 $2,349 $137,648 $0 $0
2016 $2,301 $133,639 $0 $0
2015 $2,260 $129,748 $0 $0
2014 $2,108 $125,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23026904

Regional Multiple Listing Service (RMLS)

APN: 52917