NOT LISTED FOR SALE

1040 NW Naito Pkwy Unit O12 Portland, OR 97209

Old Town Chinatown Neighborhood

Estimated Value: $255,000 - $305,000

2 Beds
1 Bath
895 Sq Ft
$405/mo HOA Fee

Last Sold November 13, 2018

Last sale price $275,000 $307 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,338/month

127 Days on Market

Highlights

  • Private Pool
  • River View
  • Quartz Countertops
  • West Sylvan Middle School Rated A-
  • Deck
  • Living Room

About This Home

As of November 2018

Looking for a TWO bedroom condo? This clean, bright 2-bedroom unit is competitively priced located in the McCormick Pier waterfront community steps from pier access! Open main level offers larger kitchen w/ quartz & desk nook. Upper level features enclosed master & 2nd BR. PLUS in unit laundry! Peek-a-boo river views from front balcony. NO Rental Cap & hard to find deeded parking make this a smart investment you won't want to miss!

Last Agent to Sell the Property

Aubree Castleman

Premiere Property Group, LLC License #201223646 Listed on: 05/30/2018

Premiere Property Group, LLC

Co-Listed By

Craig Reger

Reger Homes, LLC License #970300201

Last Buyer's Agent

Stuart Stevens

Realty Portland License #201205015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,867

Year Built

  • Built in 1982

Lot Details

  • River Front
  • 1 Common Wall

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • Deeded Parking

Property Views

  • River
  • City

Home Design

  • Wood Siding

Interior Spaces

  • 895 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet

Kitchen

  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R538204

Community Details

Overview

  • Cmi, Inc. Association, Phone Number (503) 445-1110

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,867

Year Built

Built in 1982

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1982
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories2, CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksCondominium: Currently, there is not a rental cap nor any pending litigation/assessments.
  • Room 11 Features: Disposal,EatBar
  • Room 12 Features: BuiltinFeatures,SlidingDoors
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: Laundry, Quartz, WalltoWallCarpet, WasherDryer
  • Appliances: Dishwasher, Disposal, FreeStandingRefrigerator, Microwave, Quartz, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 1.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Bedroom 7 Area: 108
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: BuiltinHotTub, Deck, Pool
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Commons
  • Water Body Name: Willamette River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: City,River

Garage/Parking

  • Parking Description: Deeded
  • Attached Garage: No
  • CondominiumParkingSpaceNo: 14

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, Gas, Management, Pool, Sewer, SpaHotTub, Trash, Water
  • Senior Community: No
  • Association Fee: 405.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Megan Maiden
  • CondominiumAssociationName: CMI, Inc.
  • CondominiumAssociationPhone: 503-445-1110
  • CondominiumAssociationURL: www.communitymgt.com
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Parcel #: R538204

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 4866.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Nov 6, 2018
Sold by
Simpson Eric and Kostiner Dana
Bought by
Katz Debora Mary and Black Jeffrey James Stewart
Seller's Agent
Aubree Castleman
Premiere Property Group, LLC
Buyer's Agent
Stuart Stevens
Realty Portland
List Price
$318,000
Sold Price
$275,000
Premium/Discount to List
-$43,000
-13.52%
Current Estimated Value
$279,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,813
Avg. Annual Appreciation
0.27%
Original Mortgage
$145,000
Outstanding Balance
$128,243
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$151,851

Purchase Details

Closed on
May 7, 2010
Sold by
Sovereign Bank
Bought by
Kostiner Dana and Simpson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Grigorian Karen and Grigorian Irina
Bought by
Grigorian Karen and Grigorian Irina

Purchase Details

Closed on
Apr 26, 2006
Sold by
Sutton Corey L
Bought by
Grigorian Karen and Khachatourian Irina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 26, 2005
Sold by
Weinberg Stephen J
Bought by
Sutton Corey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Katz Debora Mary $275,000 Lawyers Title
Kostiner Dana $172,500 Stewart Title
Grigorian Karen -- Ticor Title
Grigorian Karen $355,000 Ticor Title Insurance Compan
Sutton Corey L $273,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Katz Debora Mary $145,000
Previous Owner Reedway Place Inc $456,000
Previous Owner Kostiner Dana $129,375
Previous Owner Grigorian Karen $284,000
Previous Owner Sutton Corey L $204,750
Previous Owner Weinberg Stephen J $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Sold $275,000 -13.5% $307 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $318,000 -- $355 / 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
2023 $4,806 $242,320 $0 $242,320
2022 $5,177 $235,270 $0 $0
2021 $5,004 $228,420 $0 $0
2020 $4,841 $221,770 $0 $0
2019 $4,897 $215,320 $0 $0
2018 $5,292 $209,050 $0 $0
2017 $4,867 $202,970 $0 $0
2016 $4,204 $197,060 $0 $0
2015 $3,775 $191,330 $0 $0
2014 $3,459 $185,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Aubree Castleman

    Premiere Property Group, LLC

    Section Image
  • Craig Reger

    Seller Co-Listing Agent in 2018

    Craig Reger

    Reger Homes, LLC

    (971) 808-8539

    204 Total Sales

    Section Image
  • Stuart Stevens

    Buyer's Agent in 2018

    Stuart Stevens

    Realty Portland

    (503) 858-4089

    103 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18530690

Regional Multiple Listing Service (RMLS)

APN: R538204

Oregon Multnomah County Portland 97209 Old Town Chinatown

1040 NW Naito Pkwy Unit O12, Portland, OR

This home is located at 1040 NW Naito Pkwy Unit O12, Portland, OR 97209 since 30 May 2018 and is currently estimated at $279,813, approximately $312 per square foot. This property was built in 1982. 1040 NW Naito Pkwy Unit O12 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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