607 E Dreas Way, Newberg, OR 97132 Property Records

Yamhill County property record for 607 E Dreas Way, Newberg, OR 97132

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,192 sqft · built 2016
Lot Size	0.118 acres (5,153 sqft)
Owner	2 Individual Names on Record
Last Sale	$464,000 (Oct 2018)
Tax Bill	$5,679 (2025)
Deeds & Mortgages	Nov 2021 Mortgage Oct 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`R3207AD 05000`

Property Details

APN / Parcel Number

Primary APN	`R3207AD 05000`
Alternative APN	`560287`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Stories	2 Stories
Building Area	2,192 sqft Living Area
1st Floor Area	924 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2016
Effective Year Built	Effective 2016
Lot Area	5,153 sqft (0.118 acres)
Garage Area	324 sqft
Parking Spaces	1 Parking Space

Location & Zoning

Street Address	607 E DREAS WAY
City	NEWBERG
State	OR
Zip	97132-9012
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-1
Legal Description	LOT 3 TERRA ESTATES PHASE 1
Legal Range	02W
Legal Township	03S
Legal Section	07
Legal Subdivision	TERRA ESTATES PHASE 1
Legal Phase	1
Legal Lot Number	3
Jurisdiction	YAMHILL OR
Township / Civil Division	NEWBERG
Census Block Group	1
Census Block	1005
Census Tract	30102

Owner

Source: Yamhill County records, as of August 18, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	607 E DREAS WAY, NEWBERG, OR 97132-9012
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Nov 12, 2021	Deed of Trust, Mortgage · Conventional Mortgage PENNYMAC LOAN SERVICES LLC
Oct 6, 2020	Deed of Trust, Mortgage · Conventional Mortgage MEGASTAR FINANCIAL CORP
Oct 10, 2018	Warranty Deed, Transfer · Conventional Mortgage MEGASTAR FINANCIAL CORP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 10, 2018 · Amount on Record
Deed Sale	Oct 10, 2018 · Amount on Record
Prior Sale	Jun 30, 2016 · Amount on Record
Deed Document Number	201814499
Record Updated	Sep 20, 2026

November 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	YAMHILL OR
Property Address	607 E DREAS WAY, NEWBERG, OR 97132-9012
Transaction Type	Mortgage
Record Updated	Nov 18, 2021
Title Company	SERVICELINK

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000022348
Date	Nov 12, 2021
Instrument	202122348

Lender

Name	PENNYMAC LOAN SERVICES LLC
Type	Mortgage Company
Address	WESTLAKE VILLAGE, CA 91361

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	359 Months
Due	Oct 1, 2051

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	YAMHILL OR
Property Address	607 E DREAS WAY, NEWBERG, OR 97132-9012
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000017842
Date	Oct 6, 2020
Instrument	202017842

Lender

Name	MEGASTAR FINANCIAL CORP
Type	Funding / Finance Company
Address	DENVER, CO 80204

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Nov 1, 2050

October 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	YAMHILL OR
Recording Date	Oct 10, 2018
Property Address	607 E DREAS WAY, NEWBERG, OR 97132-9012
Document Number	0000014499
Instrument Date	Oct 2, 2018
Instrument	201814499
Transaction Type	Transfer
Record Updated	Jan 18, 2022
Title Company	TICOR TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	607 DREAS WAY, NEWBERG, OR 97132-9012

Mortgage

Document Number	0000014500
Date	Oct 10, 2018
Instrument	201814500

Lender

Name	MEGASTAR FINANCIAL CORP
Type	Funding / Finance Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Nov 1, 2048

Tax Assessment & Valuation

Source: Yamhill County assessment roll, as of August 18, 2026

Property Jurisdictions

Type	Name
State	Oregon
County	Yamhill County
Municipality	Newberg City
Unified School District	Newberg School District 29J (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$5,679.00 (+3.97%)	$351,991 (+3%)	$576,251 (-3.91%) Land $243,665 Building $332,586
2024	$5,462.00 (+3.55%)	$341,739 (+3%)	$599,687 (+4.41%) Land $241,165 Building $358,522
2023	$5,275.00 (+2.77%)	$331,785 (+3%)	$574,377 (+2.43%) Land $226,645 Building $347,732
2022	$5,133.00	$322,121	$560,737 Land $194,894 Building $365,843

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective January 23, 2024

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 93% of Oregon
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 76 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Ziply Fiber Fiber	6,000 / 6,000
Xfinity Cable	1,200 / 35
Verizon Fixed Wireless	300 / 20
Hunter Communications Fixed Wireless	200 / 20

May also be available: T-Mobile.

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