A grand opportunity for new development in the growing city of Newberg! This property is zoned R2 and is 1.87 acres with the potential for 3,000 sf lots (buyer to conduct their own due diligence). Existing remodeled farm house located on the site with long term tenants, guaranteeing income opportunity for the new owner. Located minutes away from Downtown Newberg, Georgefox University, Parks, and more!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams PDX Central
Office Phone: (503) 548-4848
Listing Agent: Ty Brown
Exterior Features
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 1.87 Acres
Other
Directions Information:
Directions: Left on S River St until it becomes E 14th, then continue on until NE Waterfront
Price Information
Listing Price Info
Price Summary:
List Price: $899,000
Tax Information:
Annual Amount: $1,525
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newberg, OR.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 29, 2014
Aug 29, 2014Home Sold
$270,000
Sep 02, 1994
Sep 02, 1994Home Sold
$135,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,525
$111,841
2019
$1,354
$108,584
2018
$1,379
$105,422
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,554
Per Month
Principal & Interest
$4,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,762
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Edwards Elementary School
715 E 8th St
Distance between this listing and this school0.56 miles
Public District Grades KG-5
9
/10
Dundee Elementary School
140 SW 5th St
Distance between this listing and this school1.81 miles
Public District Grades KG-5
7
/10
Mabel Rush Elementary School
1441 N Deborah Rd
Distance between this listing and this school1.99 miles
Public District Grades KG-5
Nearby Schools
5
/10
Mountain View Middle School
2015 N Emery Dr
Distance between this listing and this school2.17 miles
Public District Grades 6-8
7
/10
Chehalem Valley Middle School
403 W Foothills Dr
Distance between this listing and this school2.67 miles
Public District Grades 6-8
1
/10
Dayton Junior High School
801 Ferry St
Distance between this listing and this school7.27 miles
Public District Grades 6-8
Nearby Schools
6
/10
Newberg High School
2400 E Douglas Ave
Distance between this listing and this school1.94 miles
Public District Grades 9-12
4
/10
St Paul High School
20449 Main St NE
Distance between this listing and this school5.05 miles
Public District Grades 7-12
10
/10
Sherwood High School
18800 SW Haide Rd
Distance between this listing and this school6.96 miles
The neighbors living near this home have an average income of $74,351. Typical income of Newberg, OR residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1609 NE Waterfront St
What is the listing price of this property?
The listing price of 1609 NE Waterfront St property is $899,000.
What type of property is this?
The property 1609 NE Waterfront St is land located in Newberg, Oregon, 97132.
Is this property for sale now?
Active Listing: 1609 NE Waterfront St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,525 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 29, 2014 for $270,000. (source: MLS/tax record).
How much acreage is this property?
The property 1609 NE Waterfront St is 1.87 acres.
Interested in 1609 NE Waterfront St? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1609 NE Waterfront St in Newberg, OR and zip code 97132. This home sits on a 1.87 acre lot. It has been listed on Rocket Homes since July 05, 2024 and is currently priced at $899,000.
Over 5 listings were sold over their listed price in October 2024 in Newberg, OR. In the same period over 9 listings were sold below the listed price and 7 listings were sold for the listed price. In October 2024 in Newberg, OR there were 2.6% less homes for sale than in September 2024. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $493,950.
From Rocket Homes Real Estate and based on county public records data.