#24406228, Mark Peterson, Listing Office: Redfin
514 E 5th St Newberg, OR 97132
Property details
About 514 E 5th St
Discover the perfect blend of vintage charm and modern updates at 514 E 5th Street in Newberg! Originally built in 1905, this home was thoughtfully expanded in 1994 with a new addition and garage. As you step inside, you’ll be greeted by the spacious main-level primary suite, featuring vaulted ceilings, a large walk-in closet, built-in bookshelves, and French doors leading to the back deck. A versatile office/den space, which could easily serve as a 5th bedroom, adds to the home’s flexibility. The generously sized laundry room is conveniently located off the 3-car tandem garage. The back of the garage has extra storage + a utility sink. The beautifully updated kitchen is complete with quartz countertops, a moveable island, expansive pantry, and French doors opening to the back deck. Dreamy built-ins enhance the dining room, which seamlessly flows into the cozy living room.Upstairs, you’ll find 3 spacious bedrooms, a large bathroom, and a small loft/playroom. There’s also the potential for a separate entrance to the upper level for added privacy and convenience. Tucked into the southeast corner of the main level is a 350-square-foot recording studio with its own entrance, half bath, and endless possibilities—it could be used as a home office, gym, guest suite, or even an art studio. This property offers incredible versatility with potential for multigenerational living, dual living/ADU/potential rental income (buyer to do due diligence), or simply a wonderful place to call home. Located half a block from Memorial Park and playground, 4 blocks from downtown Newberg and less than 1/2 mile from George Fox University. Listing agent is related to the seller.
Highlights
Virtual tour
Summary
- MLS Number: 718922556
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Premiere Property Group, LLC
- Office Phone: (503) 670-9000
- Listing Agent: Linsey Macy
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Last updated on: 4/18/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$689,900
514 E 5th St
$8,193
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 02, 1981 | Home Sold | $59,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $285,554 | $4,540 |
2022 | $277,237 | $4,418 |
2021 | $269,162 | $4,418 |
2020 | $261,322 | $4,298 |
2019 | $253,711 | $3,818 |
2018 | $246,321 | $3,839 |
History based on county public records data.
Nearby schools
4
Edwards Elementary School
Public District KG-5
0.2 mi
•715 E 8th St
6
Joan Austin Elementary School
Public District KG-5
1.4 mi
•2200 N Center St
7
Mabel Rush Elementary School
Public District KG-5
1.5 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 $42,554. The most common annual income of people living in Newberg, OR is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 514 E 5th St
This home is located at 514 E 5th St in Newberg, OR and zip code 97132. This 3,312 square foot home, which was built in 1905, sits on a 0.17 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $689,900.
Over 12 listings were sold over their listed price in March 2025 in Newberg, OR. In the same period over 13 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Newberg, OR between February and March 2025 increased by 18.1%. In March 2025, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $499,950.