1308 NE CHEHALEM DR Newberg, OR97132

$360,000
20,000 SqFt to .99 Acres
Elementary School: Antonia Crater
Middle School: Chehalem Valley
High School: Newberg
Zoning: VLDR1
1123 days on market
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Recent price drop$90,000
Price per acre$375K/ac
Time on market1123 days
Smart Fixer ListYes

Property Description

Fantastic investment opportunity, minutes from downtown & on just under an acre! Large lot backs to creek, providing additional privacy & charming eastern view. City water & power connected. Located within the Urban Growth Boundary & backs Newberg City Limits. If annexed, R1 zoning would allow 5,000 sqft lots per home; buyer to do own due diligence regarding intended use, development costs & timeline. House is of little to no value & is sold in As-Is condition.

{{ compliance-logo }}Listing Provided By The Kelly Group Real Estate

Financial Data

Date Sold2021-08-05
Sold Price$360,000
Price ChangeDropped $90,000 on 08/05/2021
Total $90,000 drop
Original Price$450,000
Current Price$360,000
Property Taxes$1,391

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Home Facts

StatusSold
MLS ID21275490