NOT LISTED FOR SALE

Estimated Value: $272,000 - $312,000

1 Bed
1 Bath
747 Sq Ft
$421/mo HOA Fee

Last Sold October 11, 2024

Last sale price $308,350 $413 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,442/month

123 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Nw 11Th & Glisan
  • Wood Flooring
  • West Sylvan Middle School Rated A-
  • City View
  • 5-minute walk to Jamison Square

About This Home

As of October 2024

Enjoy the feel of a stylish NYC artist's loft at a fraction of the price. This sophisticated condo in The Pearl's Avenue Lofts is filled with natural light thanks to a wall of gorgeous windows and high ceilings. The sleek kitchen includes modern appliances and blonde wood cabinetry that matches the impeccable floors. Washer and dryer included. Option to buy the unit furnished for an additional $10k. No car necessary for urban adventures to some of the city's best dining, shopping, Timbers and Thorns matches, and more. Road trips are also easy thanks to secure deeded parking near the elevator. The striking building is one of the neighborhood's historic converted warehouses and offers great amenities, including a gym and beautiful interior bamboo courtyard. Prime Downtown location also near picturesque Jamison Park, NW 23rd, and countless other exciting Portland destinations.

Last Agent to Sell the Property

Beth Benner

Real Broker License #200404033 Listed on: 05/16/2024

Real Broker

Co-Listed By

Sharon Marciniak

Real Broker License #200707087

Last Buyer's Agent

Alan Daniels

Inhabit Real Estate License #201239197

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,230

Year Built

  • Built in 1923

Lot Details

  • 44

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Studio
  • Built-Up Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 747 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom Access
  • Security Gate

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Sprinkler System
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number R555550

Community Details

Overview

  • 169 Units
  • The Avenue Lofts Association, Phone Number (503) 233-0300
  • Pearl District / Avenue Lofts Subdivision
  • On-Site Maintenance

Amenities

  • Common Area
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,230

Year Built

Built in 1923

Lot Details

0

HOA Fees

$421 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1923
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, Studio
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: No
  • CondominiumUnitLevel: 6
  • CondominiumUnitsInComplex: 169
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: Dishwasher,Disposal,HardwoodFloors
  • Room 12 Features: HardwoodFloors
  • Room 13 Features: HardwoodFloors
  • CondominiumTotalLevels: 7
  • Unit Floor Number: 6
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleApproachwithRamp
  • Total Bathrooms: 1.0
  • Interior Amenities: Elevator, HardwoodFloors, HighCeilings, Laundry, WasherDryer
  • Appliances: Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 7
  • 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
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Other
  • Exterior Features: Sprinkler
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: BuiltUp
  • View: City

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 288.64

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: FireSprinklerSystem, IntercomEntry, SecurityGate
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gym, Insurance, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 421.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Denise Bower
  • CondominiumAssociationEmail: deniseb@communitymgt.com
  • CondominiumAssociationName: The Avenue Lofts
  • CondominiumAssociationPhone: 503-233-0300
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Land Lease: No
  • Parcel #: R555550
  • Assessor Parcel Number 2: R555806

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5229.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Oct 6, 2024
Sold by
Swift Living Trust and Swift William W
Bought by
Marchese Andrew
Seller's Agent
Beth Benner
Real Broker
Buyer's Agent
Alan Daniels
Inhabit Real Estate
List Price
$317,500
Sold Price
$308,350
Premium/Discount to List
-$9,150
-2.88%
Views
40
Current Estimated Value
$297,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,937
Avg. Annual Appreciation
-3.55%
Original Mortgage
$277,515
Outstanding Balance
$274,324
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$23,089

Purchase Details

Listed on
Aug 14, 2019
Closed on
Oct 12, 2019
Sold by
Pearl Property Holdings Llc
Bought by
Swift William W and Swift Susan M
Seller's Agent
Marissa Sainz
Living Room Realty
Buyer's Agent
Tom Ramsey
John L. Scott
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%
Original Mortgage
$256,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Sachdev Naveen and Sachdev Naina
Bought by
Pearl Property Holdings Llc

Purchase Details

Closed on
Aug 17, 2004
Sold by
Evergreen M&F Llc
Bought by
Sachdev Naina and Sachdev Naveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,657
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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
Marchese Andrew $308,350 Chicago Title
Swift William W $320,000 Lawyers Title
Pearl Property Holdings Llc -- --
Sachdev Naina $249,657 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchese Andrew $277,515
Previous Owner Swift William W $256,000
Previous Owner Sachdev Naina $249,657
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $308,350 +3.0% $413 / Sq Ft
09/17/2024 09/17/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $299,500 -5.7% $401 / Sq Ft
05/16/2024 05/16/24 For Sale $317,500 -0.8% $425 / Sq Ft
10/23/2019 10/23/19 Sold $320,000 -1.5% $428 / Sq Ft View Prior Sale
09/19/2019 09/19/19 Pending -- -- --
08/14/2019 08/14/19 For Sale $325,000 -- $435 / 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 $5,384 $203,460 -- $203,460
2023 $5,230 $197,540 $0 $197,540
2022 $5,116 $191,790 $0 $0
2021 $5,030 $186,210 $0 $0
2020 $4,614 $180,790 $0 $0
2019 $4,445 $175,530 $0 $0
2018 $4,314 $170,420 $0 $0
2017 $4,135 $165,460 $0 $0
2016 $3,784 $160,650 $0 $0
2015 $3,685 $155,980 $0 $0
2014 $243 $14,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24561983

Regional Multiple Listing Service (RMLS)

APN: R555550