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1544 East 2nd Street

1544 East 2nd Street, Newberg, OR 97132
Property in Yamhill
Sold May 27, 2021
$38,000
$302,000 by Umpqua Bank
Mortgage Due Jun 01, 2051
Sold Sep 27, 2016
$292,500
$287,201 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2046
Local assessors in Newberg, OR have categorized 1544 East 2nd Street as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 11,578 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1544 East 2nd Street has a total of 1,402 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The building has a hip style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 26, 2021 for $38,000. That's $27.10 per sqft. Prior to that sales transaction, the property was also sold in Aug 10, 2016 for $292,500. 1544 East 2nd Street was last assessed in 2023. The total value of the property was assessed at $187,254. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,977. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,578
  • Total Building Area: 1,402
  • Gross Building Area: 1,402
  • Building Area: 1,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,402
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOBSONS ADDITION
  • Land Acres: 0.266
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOTS 6 7 30 & 31 - BLOCK D IN HOBSONS ADDITION

Ownership

  • Current Owner : WEGNER ROBERT
  • Previous Owner : MILLER AMANDA
  • Owner Before Previous Owner: JACKSON BROOK

Neighborhood

  • School District Name: Newberg School District 29J
  • Census Tract: 030202

Zoning

  • Zoning: R-2

Geography

  • Parcel: 57716
  • Block: D
  • Lot: 6
  • Meridian: SEC 20 TWN 03S RNG 02W
  • Municipality: CITY OF NEWBERG
  • Latitude: 45.2993
  • Longitude: -122.962

    Address

  • Full Address: 1544 E 2nd St
  • Address - House Number: 1544
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: OR
  • City Name: Newberg
  • Carrier Code: C002
  • 4-Digit Zip Code: 3217
  • Zip Code: 97132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,977
  • Tax Rate Code Area: 29

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 77
  • Final Value: 439,807
  • High Value: 516,645
  • Low Value: 362,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $302,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $302,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $390,465
  • Market Land Value: $244,622
  • Market Improvement Value: $145,843

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $187,254

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836451425
  • Current Sale Price: $38,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202110931
  • Previous Sale Recording Date: Sep 27, 2016
  • Previous Sale Contract Date: Aug 10, 2016
  • Previous Sale Amount: $292,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $302,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Sep 27, 2016
  • Previous Mortgage Loan Amount: $287,201
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2046

About Newberg



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Frequently Asked Questions

What neighborhood is 1544 East 2nd Street located in?
The 1544 East 2nd Street is a located in the neighborhood of Yamhill in Newberg, Newberg.
What is the average sales price for listings in 1544 East 2nd Street?
The average sales price for units in 1544 East 2nd Street is $0 currently.

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