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$449,900

Beds
3
Baths
2.0
sq ft
1,389

110 W 5th St, Newberg, OR 97132

110 W 5th St

Newberg, OR 97132

  • 39 days on market
    • Price drop $50,000↓
Come take a look! This home is a great price at $449,900 and would be a wonderful starter home, rental, or possible Airbnb.(verify with the city)Built in 1959 this home boasts three spacious bedrooms and two full baths that have been thoughtfully updated. Found within the home are hardwood floors in the living room, and a custom tiled floor in the kitchen that gives the charm of that era. The eat-in kitchen is spacious, with a new dishwasher installed in 2024. New interior paint in 2022, and new exterior paint in 2024. Exterior paint will be finished before closing. On the outside, enjoy the privacy of the fenced yard with raised beds, firepit, mature shrubs, and trees. Close to downtown Newberg, Memorial Park, and George Fox University. All in the heart of wine country!

Details

Property type

Single Family Residence

Est. home value

$440,548

Property condition

Updated/Remodeled

Lot size

6,969 sq ft

Price per sq ft

$324

Year built

1959

Annual property taxes

$2,833.58

Price History

06/11/2024
PortlandOR

PortlandOR #24473685

Listed
$449,900
06/07/2024
PortlandOR

PortlandOR #24473685

Removed
$449,900
06/05/2024
PortlandOR

PortlandOR #24473685

Pending
$449,900

Schools & Community

Elementary school: 

Edwards

Middle school: 

Chehalem Valley

High school: 

Newberg

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$128,868
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$285,040
Cash to seller
$128,868

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

April 2020

Original loan amount

$311,600

Est. remaining balance

$285,040

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Jeff J Schiedler

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 4:35 PM

Listing updated: 06/20/2024 at 3:19 PM

Listed by: Teri Steneck, Valley Realty Phone #: (503) 538-5324

MLS: PortlandOR #24473685

PortlandOR logo

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