$8,170 Closing Credit¹
#24151576, Rob Molzahn, James Jackson, Listing Office: Pioneer Properties Oregon Real Estate, Berkshire Hathaway HomeServices NW Real Estate
$8,016
closing credit¹
306 E Sherman St Newberg, OR 97132
$675,000 List price
$8,016
Closing credit¹
2 beds
2 full
2,700 sqft
0.1 acres
$250 / sqft
House
Property details
About 306 E Sherman St
Nestled in the heart of Oregon’s renowned wine country, this property presents an exceptional investment opportunity as a short-term rental (STR). Zoned R-2 Medium Density Residential, STRs are permitted with a Conditional Use Permit—a process typically taking 11-17 weeks. Contact our office for more details and guidance to get you started. Buyer to verify all requirements. This versatile and meticulously renovated home is ideal for intimate gatherings or finding peace in the private and artistic spaces inside and out. Spanning 2,700 sqft, this mostly one level living home perfectly balances classic allure with contemporary features, providing versatile spaces that exude artistry and functionality. To testify to its rich history, you will find several interior pieces that are original to its 1914 beginnings. With stunning expressive elements throughout, every corner of this residence showcases exquisite craftsmanship; graceful lines, soaring ceilings, and impeccable finish work reflecting an artist's touch. The exterior spaces are as thoughtfully crafted as the interior, featuring low-maintenance private relaxing garden/sitting areas. All have been professionally landscaped complete with garden lighting and drip irrigation systems on timers. Immerse yourself in the local culture with events like summertime concerts, outdoor markets and monthly downtown walks. Enjoy the annual events such as the Lavender Festival and the Art Harvest Studio Tour. Chehalem Park and Recreation District offers access to exceptional facilities, including swimming, exercise, golfing, playgrounds, picnic areas, and a world-class skate park. This home is not just a residence; it's a masterpiece of design and elegance, offering a perfect blend of tranquility of a retreat with the vibrant energy of a thriving community.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,700 sqft
BasementYes
Lot size0.13 Acres
Year built1914
ParkingStreet Parking
MLS #24369992
ViewTerritorial
Virtual tour
Summary
- MLS Number: 24369992
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: The Kelly Group Real Estate
- Office Phone: (503) 538-4531
- Listing Agent: Kelly Hagglund
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
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: 2/7/2025, 4:23:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
306 E Sherman St
$8,016
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 01, 2018 | Home Sold | $265,000 |
| Nov 22, 2016 | Home Sold | $231,000 |
| Aug 15, 2014 | Home Sold | $135,000 |
| Jan 29, 1999 | Home Sold | $102,000 |
| Nov 02, 1993 | Home Sold | $76,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $237,424 | $3,774 |
| 2022 | $230,509 | $3,673 |
| 2021 | $241,948 | $3,673 |
| 2020 | $199,753 | $3,864 |
| 2019 | $124,005 | $1,866 |
| 2018 | $120,393 | $1,876 |
History based on county public records data.
Nearby schools
4
Edwards Elementary School
Public District KG-5
0.6 mi
•715 E 8th St
6
Joan Austin Elementary School
Public District KG-5
1.1 mi
•2200 N Center St
7
Mabel Rush Elementary School
Public District KG-5
1.4 mi
•1441 N Deborah Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,116. The most common annual income of people living in Newberg, OR is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
39%
<35k
49%
35k-100k
9%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
55%
Single, No Kids
6%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
3%
12-17 yrs old
58%
18-34 yrs old
15%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Pro Boxing
Hiking/backpacking
Where do the neighbors shop?
Chico's
Stein Mart
Burlington
Where do the neighbors go to eat?
Cracker Barrel
Bonefish Grill
Popeyes
What do the neighbors drive?
Buick
Lincoln
Dodge
What do the neighbors listen to?
Soft Adult Contemporary
Classical
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 306 E Sherman St
This home is located at 306 E Sherman St in Newberg, OR and zip code 97132. This 2,700 square foot home, which was built in 1914, sits on a 0.13 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 4, 2024 and is currently priced at $675,000.
Newberg, OR housing market in January 2025 saw over 5 listings sold above listed price, more than 7 sold at listed price and over 12 sold below. The number of homes for sale in Newberg, OR decreased by 10.1% between December and January 2025. In January 2025 median list price was $499,966 and the average listing age was 77 days.
From Rocket Homes Real Estate and based on county public records data.