NOT LISTED FOR SALE

11355 NW Melody Ln Portland, OR 97229

Estimated Value: $763,000 - $941,000

1 Bed
3 Baths
1,180 Sq Ft
$721/Sq Ft Est. Value

About This Home

Luxury 1-Bedroom Executive Furnished Rental – Elegance and Comfort in Perfect Balance Experience the finest in executive living with this luxuriously furnished 1-bedroom home, designed for discerning tastes and those who appreciate sophistication without the overwhelming size of a large residence. Ideal for the high-level executive seeking a refined, private space to relax and recharge, this exclusive rental offers the perfect balance of top-tier comfort and intimate charm.
Step into Elegance:
This meticulously designed home features modern, high-end finishes throughout, from the sleek gourmet kitchen with stainless steel appliances and granite countertops to the beautifully appointed living area, ideal for unwinding after a long day. The open, inviting space is adorned with designer furniture, curated artwork, and ambient lighting, creating an atmosphere of understated luxury.
Your Personal Retreat:
The spacious bedroom offers a private oasis, complete with a reading nook for quiet relaxation. The plush king-sized bed, luxury linens, and ample closet space ensure comfort and convenience. The spa-like bathroom is equipped with a glass-enclosed shower, deep soaking tub, and upscale fixtures, ensuring you begin and end each day in total relaxation.
Tailored for Comfort and Convenience:
While perfect for those who appreciate the finer things, this home is also designed to avoid the sense of isolation often felt in larger properties. Every inch of this home has been thoughtfully curated for both style and functionality, making it easy to settle in without the stress of managing excessive space. The large front covered patio and private outdoor areas provide the perfect setting for a morning coffee or an evening glass of wine while taking in the views.
Prime Location:
Situated in a prestigious neighborhood, you'll enjoy proximity to downtown, the tech corridor, and major employers like Nike and Intel, all within a short drive. This executive rental offers quick access to Trimet, making airport commutes effortless while allowing you to return to a peaceful, elegant retreat at the end of the day.
Features Include:
•Fully furnished with luxury pieces
•High-speed internet and smart home technology
•Weekly housekeeping services available
•Washer/dryer service
•All utilities included
The Perfect Balance of Privacy and Sophistication. This rental is ideal for those seeking a sophisticated, elegant home base without the isolation of a large estate. You'll have ample space to entertain guests in style or to simply relax on your own, enjoying the privacy and comfort of this beautiful space.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2015
Sold by
Baumann Marla Marie
Bought by
Pak Chae and Pak Rosshalde
Current Estimated Value
$850,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Pak Chae $613,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pak Chae $547,043
Closed Pak Chae $122,820
Closed Pak Chae $50,000
Closed Pak Chae $490,400
Previous Owner Baumann Marla $125,000
Previous Owner Baumann Marla $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2024 11/21/24 Off Market $2,000 -- --
10/18/2024 10/18/24 For Rent $2,000 -- --

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
2025 $9,021 $498,160 -- --
2024 $8,472 $483,660 -- --
2023 $8,472 $469,580 $0 $0
2022 $8,197 $469,580 $0 $0
2021 $7,902 $442,640 $0 $0
2020 $7,664 $429,750 $0 $0
2019 $7,413 $417,240 $0 $0
2018 $7,171 $405,090 $0 $0
2017 $6,913 $393,300 $0 $0
2016 $6,666 $381,850 $0 $0
2015 $6,259 $370,730 $0 $0
2014 -- $359,940 $0 $0
Source: Public Records

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