$252,000
$23K PRICE DROP

Estimated payment $2,340/month

Total Views 7,944
1 Bed
1 Bath
637 Sq Ft
$396 Price per Sq Ft

Highlights

  • City View
  • 2-minute walk to Nw 13Th & Lovejoy
  • Outdoor Water Feature
  • West Sylvan Middle School Rated A-
  • High Ceiling
  • Stainless Steel Appliances

About This Home

Step into the charm of yesteryear with a modern twist in this stunning 1 bed, 1 bath loft nestled in the historic Marshall Wells building, right in the heart of the coveted Pearl District. Boasting the industrial-chic appeal of exposed wood beams, wooden slat ceilings, and concrete walls, this residence is a testament to timeless design. As you enter, be greeted by soaring high ceilings that enhance the sense of space and grandeur. The fusion of old-world aesthetics and contemporary comforts is seamlessly woven throughout, offering a unique living experience. Stainless steel appliances adorn the kitchen, marrying functionality with style, while the walk-in closet provides ample storage space for your belongings. Included with this gem is deeded parking, ensuring convenience in the bustling urban landscape. Situated in close proximity to downtown amenities, you'll relish easy access to the vibrant pulse of the city while enjoying the tranquility of your own retreat. Embrace the allure of urban living with this exceptional loft, where historic charm meets modern luxury in one of Portland's most coveted neighborhoods. Don't miss your chance to make this gem yours and experience the best of city living.

Listing Agent

Erin Grasmick

Works Real Estate License #201240703 Listed on: 02/18/2025

Works Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1910

Lot Details

  • Gated Home

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tandem Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Built-Up Roof
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 637 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Cork Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Outdoor Water Feature

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R530138

Community Details

Overview

  • 164 Units
  • Marshall Wells Lofts HOA, Phone Number (503) 222-3800
  • On-Site Maintenance

Amenities

  • Common Area
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,839

Year Built

Built in 1910

Lot Details

0

HOA Fees

$545 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1910
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: No
  • CondominiumUnitLevel: 6
  • CondominiumUnitsInComplex: 164
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: Yes
  • Open House: Yes
  • CondominiumTotalLevels: 8
  • Unit Floor Number: 6
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: CeilingFan, CorkFloor, Elevator, HighCeilings, WasherDryer
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 8
  • 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: Block
  • Exterior Features: Patio, WaterFeature
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Gated
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: BuiltUp
  • View: City

Garage/Parking

  • Parking Description: Deeded
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: Yes
  • CondominiumParkingTax: 309.59

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Entry
  • 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, Insurance, MaintenanceGrounds, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 545.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Darcie
  • CondominiumAssociationEmail: marshallwells@bluestonecam.com
  • CondominiumAssociationName: Marshall Wells Lofts HOA
  • CondominiumAssociationPhone: 503-222-3800
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Zoning: EX
  • Land Lease: No
  • Parcel #: R530138

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4838.87

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,839 $185,260 $0 $185,260
2022 $4,798 $179,870 $0 $0
2021 $4,717 $174,640 $0 $0
2020 $4,328 $169,560 $0 $0
2019 $4,169 $164,630 $0 $0
2018 $4,046 $159,840 $0 $0
2017 $3,878 $155,190 $0 $0
2016 $3,549 $150,670 $0 $0
2015 $167 $8,350 $0 $0
2014 $168 $8,110 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $252,000 -8.3% $396 / Sq Ft
02/18/2025 02/18/25 For Sale $274,900 -6.8% $432 / Sq Ft
11/02/2022 11/02/22 Sold $295,000 -1.7% $463 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $299,999 -4.8% $471 / Sq Ft
09/18/2022 09/18/22 For Sale $315,000 +6.8% $495 / Sq Ft
10/28/2021 10/28/21 Sold $295,000 -1.6% $463 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $299,900 -10.5% $471 / Sq Ft
09/22/2017 09/22/17 Sold $335,000 -4.3% $526 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
06/06/2017 06/06/17 For Sale $349,900 -- $549 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 Stewart Title
Warranty Deed $295,000 Lawyers Title
Warranty Deed $335,000 Lawyers Title
Warranty Deed $331,000 Lawyers Title
Warranty Deed $149,900 Fidelity Natl Title Co Of Or
Warranty Deed $161,955 None Available
Warranty Deed $260,000 Fidelity Natl Title Co Of Or
Warranty Deed $148,712 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Previous Owner $251,250 Adjustable Rate Mortgage/ARM
Previous Owner $314,450 No Value Available
Previous Owner $119,900 No Value Available
Previous Owner $52,000 Stand Alone Second
Previous Owner $208,000 No Value Available
Previous Owner $147,300 No Value Available
Previous Owner $118,400 No Value Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 171548487

Regional Multiple Listing Service (RMLS)

APN: R530138