NOT LISTED FOR SALE

901 S Willamette St Newberg, OR 97132

Estimated Value: $836,000 - $964,000

6 Beds
3 Baths
3,300 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $625,000 $189 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,456/month

22 Days on Market

About This Home

As of August 2018

Back on market-Buyer had cold feet! no other reason!!!PLEASE DO NOT DISTURB TENANTS! Write offer subject to interior inspection.Has approximately a 7.5% cap rate!!

Last Agent to Sell the Property

mike kauffman

Keller Williams Realty Portland Premiere License #930100084 Listed on: 05/23/2018

Co-Listed By

Hedy Kauffman

Keller Williams Realty Portland Premiere License #970700091

Last Buyer's Agent

Stacey Rumgay

Wilsonville Realty License #830300110

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,577

Year Built

  • Built in 1967

Lot Details

  • 5,881

Parking

  • Paved Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,577

Year Built

Built in 1967

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3300
  • Stories: 2
  • Year Built: 1967
  • Property Condition: Approximately
  • Remarks Public: Back on market-Buyer had cold feet! no other reason!!!PLEASE DO NOT DISTURB TENANTS! Write offer subject to interior inspection.Has approximately a 7.5% cap rate!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOT 1 BLOCK 3 CITY PARK ADDITION = 005900 SQ FT & VAC ALLEY
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Edwards
  • High School: Newberg

Lot Info

  • Zoning: c-1

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4841.57
  • Assessor Parcel Number: 61104
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.67

MLS Schools

  • Elementary School: Edwards
  • High School: Newberg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 15, 2018
Sold by
Meirow James F and Meirow Judith
Bought by
Koch Kay and Koch Ronald
Seller's Agent
mike kauffman
Keller Williams Realty Portland Premiere
Buyer's Agent
Stacey Rumgay
Wilsonville Realty
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$915,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,951
Avg. Annual Appreciation
5.35%
Original Mortgage
$468,750
Outstanding Balance
$408,778
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$495,325

Purchase Details

Listed on
Jul 27, 2017
Closed on
Aug 22, 2017
Sold by
Hufschmid David
Bought by
Meirow James F and Meirow Judith
Seller's Agent
Stephen Malfa
Real Broker
Buyer's Agent
Janae Barton
Equity Oregon Real Estate
List Price
$575,000
Sold Price
$564,000
Premium/Discount to List
-$11,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%

Purchase Details

Closed on
Apr 20, 2016
Sold by
Venable David P and Venable Linda B
Bought by
Hufschmid David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,425
Interest Rate
3.58%
Mortgage Type
New Conventional
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
Koch Kay $625,000 Old Republic Title
Meirow James F $564,000 Ticor Title
Hufschmid David $449,900 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Kay $468,750
Previous Owner Hufschmid David $337,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $625,000 0.0% $189 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $625,000 +10.8% $189 / Sq Ft
08/23/2017 08/23/17 Sold $564,000 -1.9% $171 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $575,000 +28.1% $174 / Sq Ft
07/01/2016 07/01/16 Sold $449,000 0.0% $136 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $449,000 -- $136 / 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 $5,577 $348,900 -- --
2023 $5,386 $338,738 $0 $0
2022 $5,241 $328,872 $0 $0
2021 $5,099 $319,293 $0 $0
2020 $4,592 $309,993 $0 $0
2019 $4,530 $300,964 $0 $0
2018 $4,555 $292,198 $0 $0
2017 $4,842 $283,687 $0 $0
2016 $4,743 $275,424 $0 $0
2015 $4,658 $267,403 $0 $0
2014 $4,345 $259,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2018

    mike kauffman

    Keller Williams Realty Portland Premiere

    Section Image

  • H

    Seller Co-Listing Agent in 2018

    Hedy Kauffman

    Keller Williams Realty Portland Premiere

  • Stacey Rumgay

    Buyer's Agent in 2018

    Stacey Rumgay

    Wilsonville Realty

    (503) 682-7072

    10 Total Sales

    Stacey Rumgay
    Section Image
  • Stephen Malfa

    Seller's Agent in 2017

    Stephen Malfa

    Real Broker

    (503) 319-4759

    73 Total Sales

    Stephen Malfa
    Section Image

  • J

    Buyer's Agent in 2017

    Janae Barton

    Equity Oregon Real Estate

    (503) 307-6986

    48 Total Sales

    Janae Barton
    Section Image

  • L

    Seller's Agent in 2016

    Linda Cox

    Coldwell Banker Professional

    (503) 537-8071

    31 Total Sales

    Linda Cox
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18477436

Regional Multiple Listing Service (RMLS)

APN: 61104

Oregon Yamhill County Newberg 97132

901 S Willamette St, Newberg, OR

This home is located at 901 S Willamette St, Newberg, OR 97132 since 23 May 2018 and is currently estimated at $915,951, approximately $277 per square foot. This property was built in 1967. 901 S Willamette St is a home located in Yamhill County with nearby schools including Edwards Elementary School, Mountain View Middle School, and Newberg Senior High School.

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