NOT LISTED FOR SALE

Block 3 - The Henry 1025 NW Couch St Unit 1410 Portland, OR 97209

Pearl District Neighborhood

Estimated Value: $1,307,000 - $2,167,916

2 Beds
3 Baths
2,801 Sq Ft
$1,925/mo HOA Fee

Last Sold April 23, 2021

Last sale price $2,400,000 $857 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $14,081/month

Highlights

  • Concierge
  • 1-minute walk to Nw 10Th & Couch
  • Heated Floors
  • West Sylvan Middle School Rated A-
  • Unit is on the top floor
  • 2-minute walk to Forest Park

About This Home

As of April 2021

Available for the first time, this elegant penthouse in The Henry's 14th fl. claims the best location in Portland's Brewery Blocks. This units metropolitan floorplan divides the space between serene, private quarters and large, open living & dining rooms for gathering. Carefully selected by civic leader & developer, Bob Gerding, as his private residence, this condo boasts spectacular mountain & city views from a rarely-found large outdoor patio space ideal for indoor/outdoor entertaining.

Last Agent to Sell the Property

Terry Sprague

LUXE Forbes Global Properties License #200509281 Listed on: 04/06/2021

Last Buyer's Agent

Patrick Clark

Christie's International Real Estate Evergreen License #200303117

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,900

Year Built

  • Built in 2004

Lot Details

  • 44

HOA Fees

  • $1,925 per month

Parking

  • Attached Garage
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Stone Siding

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 1-Story Property
  • Sound System
  • High Ceiling
  • 1 Fireplace
  • Intercom Access
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Heated Floors

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Unit is on the top floor
  • Property is near a bus stop

Utilities

  • Municipal Trash
  • High Speed Internet

Community Details

Overview

  • On-Site Maintenance
  • Maintained Community

Amenities

  • Concierge
  • Common Area

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,900

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,925 per month

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: 1 Story
  • Sq Ft Calculated: 2801
  • Sq Ft Approximate Total: 2801
  • Stories: 1
  • Year Built: 2004
  • Property Condition: Resale
  • Remarks Public: Available for the first time, this elegant penthouse in The Henry's 14th fl. claims the best location in Portland's Brewery Blocks. This units metropolitan floorplan divides the space between serene, private quarters and large, open living & dining rooms for gathering. Carefully selected by civic leader & developer, Bob Gerding, as his private residence, this condo boasts spectacular mountain & city views from a rarely-found large outdoor patio space ideal for indoor/outdoor entertaining.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Additional Room Features: Built-in Features
  • Additional Rooms: Den, Laundry, Office
  • All Room Features: Balcony, Built-in Features, Fireplace
  • Main Level Bathrooms: 2.1
  • Total Bathrooms: 2.1
  • Elevator: Yes
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Sound System, Wall to Wall Carpet, High Ceilings, Jetted Tub, Granite, Heated Tile Floor
  • Kitchen Appliances: Microwave, Built-in Refrigerator, Dishwasher, Island, Pantry, Built-in Oven, Granite, Cooktop, Stainless Steel Appliance(s)
  • Legal Description: HENRY CONDOMINIUMS, LOT 1410
  • Sq Ft Main Level: 2801
  • Bedrooms: 2
  • Master Bedroom: Features: Balcony,On Level: Main,Dimensions: 14x17
  • Bedroom 2: On Level: Main,Dimensions: 16x13
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Dining Room: On Level: Main,Dimensions: 13x16
  • Living Room: Features: Balcony, Fireplace,On Level: Main,Dimensions: 20x27
  • Kitchen: On Level: Main,Dimensions: 12x16
  • Additional Room 1: Description: Den,Features: Built-in Features,On Level: Main,Dimensions: 12x13
  • Additional Room 2: Description: Office,On Level: Main,Dimensions: 5x9
  • Additional Room 3: Description: Laundry,On Level: Main,Dimensions: 5x9
  • Bathrooms Main Level Full: 2
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3

Exterior Features

  • Deck Available: Yes
  • Deck Sq Ft: 712
  • Total Levels: 15
  • Exterior Description: Stone
  • Exterior Features: Covered Patio, Deck, Patio
  • View: City
  • View: Yes
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Attached
  • Parking Description: Secured, Deeded

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Wireless
  • Security: Security Guard, Intercom Entry

Condo/Co-op/Association

  • Storage Available: Yes
  • HOA Fees: 1925
  • Condo Concierge: Yes
  • Condo Garage Type: Attached
  • Condo Storage Tax: 20.80
  • Condo Storage Unit No: R552618
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Commons, Exterior Maintenance, Trash, Insurance, Management, Sewer, Water, Concierge, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Chapman
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: On Busline, Street Car
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: LEED Neighborhood Development
  • Green Energy Supplement: Yes
  • Green Verification LEEDND Status: In Process

Tax Info

  • Tax Amount: 31876.74
  • Assessor Parcel Number: R552586
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 22, 2021
Sold by
Parker Gilbert E and Diana M Gerding Trust
Bought by
Northwest Group Inc
Seller's Agent
Terry Sprague
LUXE Forbes Global Properties
Buyer's Agent
Patrick Clark
Christie's International Real Estate Evergreen
List Price
$2,700,000
Sold Price
$2,400,000
Premium/Discount to List
-$300,000
-11.11%
Current Estimated Value
$1,794,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$605,028
Avg. Annual Appreciation
-6.26%

Purchase Details

Closed on
Jul 23, 2004
Sold by
Pearl Gateway Condominiums Llc
Bought by
Gerding Robert K and Gerding Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Northwest Group Inc $2,400,000 Fidelity National Title Of O
Gerding Robert K $1,210,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerding Robert K $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $2,400,000 -11.1% $857 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $2,700,000 -- $964 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $32,900 $1,512,410 -- $1,512,410
2023 $33,098 $1,468,360 $0 $1,468,360
2022 $33,905 $1,425,600 $0 $0
2021 $32,855 $1,384,080 $0 $0
2020 $31,877 $1,343,770 $0 $0
2019 $33,035 $1,304,640 $0 $0
2018 $32,063 $1,266,650 $0 $0
2017 $30,729 $1,229,760 $0 $0
2016 $28,120 $1,193,950 $0 $0
2015 $27,382 $1,159,180 $0 $0
2014 $26,659 $1,125,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Terry Sprague

    Seller's Agent in 2021

    Terry Sprague

    LUXE Forbes Global Properties

    (503) 459-3987

    4 in this area

    175 Total Sales

    Terry Sprague
    Section Image
  • Patrick Clark

    Buyer's Agent in 2021

    Patrick Clark

    Christie's International Real Estate Evergreen

    (503) 789-1699

    57 in this area

    161 Total Sales

    Patrick Clark
    Section Image
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About Block 3 - The Henry

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21225137

Regional Multiple Listing Service (RMLS)

APN: R552586

Oregon Multnomah County Portland 97209 Pearl District

1025 NW Couch St Unit 1410, Portland, OR

This home is located at 1025 NW Couch St Unit 1410, Portland, OR 97209 since 06 April 2021 and is currently estimated at $1,794,972, approximately $640 per square foot. This property was built in 2004. 1025 NW Couch St Unit 1410 is a home located in Multnomah County with nearby schools including Chapman Elementary School, West Sylvan Middle School, and Lincoln High School.

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