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718 South Pacific Street

718 South Pacific Street, Newberg, OR 97132
House in Yamhill
Sold Jul 13, 2021
$370,000
Buyer
Seller
$363,298 by Home Point Financial Corporati
Mortgage Due Aug 01, 2051
Sold Mar 01, 2006
$138,500
$124,650 by Northwest Mortgage Group Inc
Mortgage Due Mar 01, 2036
Local assessors in Newberg, OR have categorized 718 South Pacific Street as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 5,001 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a mobile home style. 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, 4 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 are 3 full bathrooms. There are also 3 partial bathrooms. 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 718 South Pacific Street has a total of 1,782 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 220 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The building has a gable 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 718 South Pacific Street sold most recently in Jul 6, 2021 for a total of $370,000. If you work out the math, that's approximately a cost of $207.63 per sqft. Before that, the property was also sold for $138,500 in Feb 23, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,305 in taxes each year. 718 South Pacific Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $144,961. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Mobile home
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,782
  • Gross Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,782
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARTITION 2004-20
  • Land Acres: 0.115
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: PARCEL 1 PARTITION P2004-20

Ownership

  • Current Owner : LEE ALISON
  • Previous Owner : THATCH LISA M
  • Owner Before Previous Owner: TWENGE JEFFREY D
  • Owner Before Previous Owner 2: TWENGE DEONA I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-2

Geography

  • Parcel: 527422
  • Block: 301
  • Lot: 1
  • Meridian: SEC 20 TWN 03S RNG 02W
  • Municipality: CITY OF NEWBERG
  • Latitude: 45.294
  • Longitude: -122.964

    Address

  • Full Address: 718 S Pacific St
  • Address - House Number: 718
  • Street Direction: S
  • Address - Street Name: Pacific
  • Address - Suffix Type: St
  • State: OR
  • City Name: Newberg
  • Carrier Code: C009
  • 4-Digit Zip Code: 3718
  • Zip Code: 97132

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,305
  • Tax Rate Code Area: 29

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 75
  • Final Value: 437,703
  • High Value: 518,134
  • Low Value: 357,273

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $371,450
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $363,298
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 11, 2023
  • Second Open Lien Mortgage Loan Amount: $8,152
  • Second Open Lien Mortgage Term: 331
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $391,612
  • Market Land Value: $235,262
  • Market Improvement Value: $156,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,961

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11842137215
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202114538
  • Previous Sale Recording Date: Mar 01, 2006
  • Previous Sale Contract Date: Feb 23, 2006
  • Previous Sale Amount: $138,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $363,298
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NORTHWEST MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Mar 01, 2006
  • Previous Mortgage Loan Amount: $124,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Newberg



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Frequently Asked Questions

What neighborhood is 718 South Pacific Street located in?
The 718 South Pacific Street is a house located in the neighborhood of Yamhill in Newberg, Newberg.
What is the average sales price for listings in 718 South Pacific Street?
The average sales price for units in 718 South Pacific Street is $0 currently.

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