tomo logo

$799,000

Beds
5
Baths
4.0
sq ft
3,505

412 W 5th St, Newberg, OR 97132

412 W 5th St

Newberg, OR 97132

  • 115 days on market
    • Price drop $31,000↓
You can read all the glowing reviews at dreamhomesoforegon.com. Discover Camellia Farmhouse, a beautifully updated 1920 home just minutes from George Fox University. Nestled on 0.82 acres of serene, private land, this move-in ready gem backs up to Chehalem Creek, offering a tranquil retreat with lush surroundings. Thought to have been originally built in 1857, Camellia Farmhouse has been meticulously renovated in 2021. Updates include a new roof, siding, and comprehensive improvements to the floorplan, HVAC and so much more. The refreshed interior and exterior enhance its classic charm while providing modern comforts. In addition to the main house, enjoy Haven: the modern detached ADU perfect for guests or as a rental opportunity. With its blend of historic elegance and contemporary amenities, Camilia Farmhouse is a unique and inviting place with something for everyone. Live in one & rent the other! Ask your agent for all the details available and schedule your private tour today to experience this exceptional property for yourself!

Details

Property type

Single Family Residence

Est. home value

$664,446

Property condition

Updated/Remodeled

Lot size

0.82 acres

Price per sq ft

$228

Year built

1920

Annual property taxes

$4,531.36

Price History

12/10/2024
PortlandOR

PortlandOR #24406228

Price change
$799,000
-3.73%
12/06/2024
PortlandOR

PortlandOR #24406228

Removed
$830,000
11/13/2024
PortlandOR

PortlandOR #24406228

Listed
$830,000

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

$227,820
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$507,260
Cash to seller
$227,820

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

August 2022

Original loan amount

$525,000

Est. remaining balance

$507,260

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Lauri Hines and Roy S Neff Iii

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: 12/23/2024 at 12:35 AM

Listing updated: 12/10/2024 at 4:59 PM

Listed by: Mark Peterson, Redfin Phone #: (503) 496-7620

MLS: PortlandOR #24406228

PortlandOR logo

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