1508 E 1st St, Newberg, OR, 97132
About This Home
Modern home in a vibrant neighborhood near George Fox University. This well maintained home offers a flexible floor plan with thoughtful updates and an ideal location for commuters, shopping, restaurants, and downtown Newberg. The kitchen features quartz countertops, stainless steel appliances, pantry, island, and is plumbed for a gas range. It opens to the spacious great room with a cozy gas fireplace, creating a comfortable space for everyday living and entertaining. The primary suite includes a walk-in closet and dual sink vanity. A standout feature is the private studio suite (4th bedroom) with its own entrance, kitchenette with refrigerator & microwave, armoires, and direct access to a full bath. Whether you're looking for space for multigenerational living, a home office, guest quarters, or housing for a George Fox University students, this versatile space offers exceptional flexibility. New flooring has been installed throughout both levels of the home (except the studio}. Additional features include 9-foot ceilings and washer/dryers on both levels, making the home well suited for a variety of living arrangements. Outside, enjoy a private fully fenced and landscaped yard with fruit trees, drip irrigation, plus a covered patio and deck sitting areas. No HOA and conveniently located with easy access to major commuter routes, this home offers the perfect combination of versatility, location and it is eligible for KeyBank’s 100% financing conventional loan with no PMI and their Key Home Credit to use toward closing costs and/or prepaid fees.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2017
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Cement Siding
Type & Style
- Home type: SingleFamily
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Free-Standing Refrigerator,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Washer/Dryer,Gas Water Heater
- Laundry features: Laundry Room
Basement
- Basement: Crawl Space
Bedroom2
- Features: Ceiling Fan
- Level: Upper
- Area: 110
Bedroom3
- Features: Ceiling Fan
- Level: Upper
- Area: 99
Bedroom4
- Features: Ceiling Fan, Exterior Entry,Free Standing Refrigerator, Studio, Suite, Washer Dryer, Wet Bar
- Level: Main
- Area: 460
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Dining Room
- Features: High Ceilings
- Level: Main
- Area: 130
Features
- Ceiling Fan(s),Quartz,Vaulted Ceiling(s),Studio,Suite,Wet Bar,High Ceilings,Kitchen Island,Pantry
- Door features: Storm Door(s),French Doors
- Window features: Double Pane Windows,Vinyl Frames
- Flooring: Laminate,Vinyl,Wall to Wall Carpet
- Number of fireplaces: 1
- Fireplace features: Gas
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Mini Split,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 2,023
- Total interior livable area: 2,023 sqft
Kitchen
- Features: Island, Pantry,High Ceilings
- Level: Main
- Area: 135
Living Room
- Features: Fireplace,High Ceilings
- Level: Main
- Area: 400
Master Bedroom
- Features: Ceiling Fan, French Doors,Suite, Vaulted Ceiling
- Level: Upper
- Area: 182
Property
Details
- Parcel number: 708870
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered Patio,Deck,Porch
- Exterior features: Yard,Exterior Entry
- Fencing: Fenced
Lot
- Lot size: 3,484 sqft
- Features: Level,SqFt 3000 to 4999
Parking
- Parking features: Driveway,Converted Garage
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Yamhill County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,674 | $32,088 |
| Home Insurance * | $127 | $1,524 |
| Property Taxes | $872 | $10,464 |
| Electricity | $183 | $2,203 |
| Total | $3,856 | $46,272 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-25 | Listed for sale | $529,000 |
| 2023-04-28 | Sold | $500,000 |
| 2023-04-17 | Pending sale | $525,000 |
| 2023-03-21 | Listed for sale | $525,000 |
| 2018-08-21 | Sold | $329,900 |
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