NOT LISTED FOR SALE

The Lexis on the Park 1125 NW 9th Ave Unit 518 Portland, OR 97209

Pearl District Neighborhood

Estimated Value: $268,000 - $320,000

1 Bed
1 Bath
757 Sq Ft
$446/mo HOA Fee

Last Sold February 17, 2023

Last sale price $317,000 $419 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,478/month

20 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Nw 10Th & Marshall
  • Wood Flooring
  • West Sylvan Middle School Rated A-
  • Contemporary Architecture
  • 1-minute walk to Tanner Springs Park

About This Home

As of February 2023

Top floor condo in desirable Pearl District. True 1 bedroom plus office/den. Fully updated with recent HVAC upgrades, newer washer/dryer & refrigerator. Den is perfect to work from home or host guests with fold-down murphy bed. Walk-in closet, covered balcony, & tons of in-unit storage. Secure deeded parking & storage locker. HOA has secure entrances, gym, courtyard, party room & bike storage. Steps from shops, parks, restaurants, gyms, grocery, river trail, streetcar & MAX. Easy Hwy Access too!

Last Agent to Sell the Property

Ruth Maher

Opt License #201208331 Listed on: 12/24/2022

Opt

Last Buyer's Agent

Jeremy Lucas

Redfin License #201238752

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 44

HOA Fees

  • $446 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 757 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Triple Pane Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Intercom Access
  • Washer and Dryer

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Accessible Entrance

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Covered Deck
  • Sprinkler System
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number R570565

Community Details

Overview

  • 139 Units
  • Lexis Condominiums Association, Phone Number (503) 360-9637
  • Pearl District/Lexis Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Meeting Room
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,968

Year Built

Built in 2004 | Remodeled

Lot Details

0

HOA Fees

$446 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2004
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 139
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • Room 13 Features: ClosetOrganizer
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleEntrance, GarageonMain
  • Total Bathrooms: 1.0
  • Interior Amenities: HardwoodFloors, HighCeilings, Sprinkler, WasherDryer
  • Room 4 Description: Den
  • Room 4 Level: Main
  • Basement: None
  • Window Features: AluminumFrames, TriplePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 5
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 72
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: MetalSiding,Other
  • Exterior Features: CoveredDeck
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Metal

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: P-53
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 313.16

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Internet Service Type: Cable,Other
  • Security: Entry, FireSprinklerSystem, IntercomEntry, SecurityGuard
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: Ductless, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, Gym, HotWater, MaintenanceGrounds, Management, MeetingRoom, PartyRoom, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 446.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Kin Living
  • CondominiumAssociationEmail: Tim Miller - tim.miller@kinliving.com
  • CondominiumAssociationName: Lexis Condominiums
  • CondominiumAssociationPhone: 503-360-9637
  • CondominiumAssociationURL: TheLexis@kinliving.com
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Parcel #: R570565
  • Assessor Parcel Number 2: R570640
  • Assessor Parcel Number 3: R570852

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4967.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2022
Closed on
Feb 16, 2023
Sold by
Ostowari Delara
Bought by
Rajagopalan Balajee
Seller's Agent
Ruth Maher
Opt
Buyer's Agent
Jeremy Lucas
Redfin
List Price
$325,000
Sold Price
$317,000
Premium/Discount to List
-$8,000
-2.46%
Views
8
Current Estimated Value
$298,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,099
Avg. Annual Appreciation
-2.22%
Original Mortgage
$177,000
Outstanding Balance
$156,246
Interest Rate
5.73%
Mortgage Type
New Conventional
Estimated Equity
$142,655

Purchase Details

Listed on
Apr 4, 2018
Closed on
May 16, 2018
Sold by
Wee Duane L
Bought by
Ostowari Delara
Seller's Agent
Adam Shepard
John L. Scott Portland Central
Buyer's Agent
Adriana Focke
Check Point Realty
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.64%
Original Mortgage
$27,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2009
Sold by
Molder Douglas A
Bought by
Wee Duane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,237
Interest Rate
4.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2005
Sold by
Block 13 Llc
Bought by
Molder Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rajagopalan Balajee $317,000 Wfg Title
Ostowari Delara $360,000 Lawyers Title
Ostowari Delara $360,000 Lawyers Title
Wee Duane L $224,750 Stewart Title
Molder Douglas A $220,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajagopalan Balajee $177,000
Previous Owner Ostowari Delara $27,000
Previous Owner Ostowari Delara $270,000
Previous Owner Wee Duane L $11,237
Previous Owner Wee Duane L $179,800
Previous Owner Molder Douglas A $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $317,000 -2.5% $419 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
12/24/2022 12/24/22 For Sale $325,000 -9.7% $429 / Sq Ft
05/18/2018 05/18/18 Sold $360,000 0.0% $476 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $360,000 -- $476 / 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 $5,359 $208,230 -- $208,230
2023 $5,359 $202,170 $0 $202,170
2022 $4,887 $196,290 $0 $0
2021 $4,968 $190,580 $0 $0
2020 $4,722 $185,030 $0 $0
2019 $4,549 $179,650 $0 $0
2018 $4,415 $174,420 $0 $0
2017 $4,232 $169,340 $0 $0
2016 $3,872 $164,410 $0 $0
2015 $3,771 $159,630 $0 $0
2014 $3,652 $154,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ruth Maher

    Seller's Agent in 2023

    Ruth Maher

    Opt

    (503) 505-0396

    5 in this area

    20 Total Sales

    Ruth Maher
    Section Image

  • J

    Buyer's Agent in 2023

    Jeremy Lucas

    Redfin

    Section Image
  • Adam Shepard

    Seller's Agent in 2018

    Adam Shepard

    John L. Scott Portland Central

    (971) 533-9444

    1 in this area

    94 Total Sales

    Adam Shepard
    Section Image
  • Adriana Focke

    Buyer's Agent in 2018

    Adriana Focke

    Check Point Realty

    (503) 975-5857

    37 Total Sales

    Adriana Focke
    Section Image
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About The Lexis on the Park

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22290100

Regional Multiple Listing Service (RMLS)

APN: R570565

Oregon Multnomah County Portland 97209 Pearl District

1125 NW 9th Ave Unit 518, Portland, OR

This home is located at 1125 NW 9th Ave Unit 518, Portland, OR 97209 since 24 December 2022 and is currently estimated at $298,901, approximately $394 per square foot. This property was built in 2004. 1125 NW 9th Ave Unit 518 is a home located in Multnomah County with nearby schools including Chapman Elementary School, West Sylvan Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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