NOT LISTED FOR SALE

Portland Plaza 1500 SW 5th Ave Unit 1802 Portland, OR 97201

Downtown Portland Neighborhood

Estimated Value: $425,000 - $441,000

2 Beds
2 Baths
1,319 Sq Ft
$1,095/mo HOA Fee

Last Sold October 21, 2021

Last sale price $442,000 $335 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,257/month

227 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Sw 5Th & Market
  • Unit is on the top floor
  • West Sylvan Middle School Rated A-
  • Fitness Center
  • 2-minute walk to Keller Fountain Park

About This Home

As of October 2021

Wake up to views! Mt Hood and the River and City! Lovely downtown big 1 bedroom condo with open kitchen and private seating area/office. Built-in storage is usefully tucked in. Master bedroom boasts large closets, vented window and, of course, the views. This unit is deeded with two, separate parking spots. The kitchen is finished with granite, has a large pantry & Sub-Zero Fridge. Come and nestle into the city from an 18th floor gem. 24/7 Security see www.ThePortlandPlaza.com for HOA details.

Last Agent to Sell the Property

Bernhild Nieswandt

The Hanzlik Group David Hanzlik & Associates Inc License #200908004 Listed on: 01/25/2021

Last Buyer's Agent

Morgan Davis

Keller Williams PDX Central License #960500095

Keller Williams PDX Central

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,112

Year Built

  • Built in 1973

Lot Details

  • Fenced
  • Terraced Lot
  • Raised Garden Beds

HOA Fees

  • $1,095 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-in Shower
  • 1-Story Property
  • High Ceiling
  • Aluminum Window Frames
  • Finished Basement
  • Exterior Basement Entry
  • Security Lights
  • Washer and Dryer
  • Property Views

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp
  • Accessible Entrance
  • Minimal Steps
  • Accessible Parking

Outdoor Features

  • Private Pool
  • Deck
  • Outdoor Water Feature
  • Fire Pit
  • Built-In Barbecue

Location

  • Unit is on the top floor

Utilities

  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Community Details

Overview

  • Maintained Community

Amenities

  • Concierge
  • Party Room
  • Community Library

Recreation

  • Community Pool

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,112

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,095 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Contemporary
  • Sq Ft Calculated: 1319
  • Sq Ft Approximate Total: 1319
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Resale
  • Remarks Public: Wake up to views! Mt Hood and the River and City! Lovely downtown big 1 bedroom condo with open kitchen and private seating area/office. Built-in storage is usefully tucked in. Master bedroom boasts large closets, vented window and, of course, the views. This unit is deeded with two, separate parking spots. The kitchen is finished with granite, has a large pantry & Sub-Zero Fridge. Come and nestle into the city from an 18th floor gem. 24/7 Security see www.ThePortlandPlaza.com for HOA details.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: One Level, Accessible Entrance, Minimal Steps, Parking, Walk-in Shower, Accessible Approach with Ramp
  • Additional Room Features: Bookcases
  • Additional Rooms: Den
  • All Room Features: Bookcases, Galley, Wall to Wall Carpet, Granite, Closet, Double Sinks
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Elevator: Yes
  • Floor Plan: 2 Bedroom 2 bath
  • Interior Amenities: Garage Door Opener, Washer/Dryer, High Ceilings, Elevator
  • Kitchen Appliances: Built-in Range, Built-in Refrigerator, Dishwasher, Disposal, Pantry, Granite
  • Legal Description: THE PORTLAND PLAZA CONDOMINIUM, LOT 1802
  • Sq Ft Main Level: 1319
  • Bedrooms: 2
  • Master Bedroom: Features: Wall to Wall Carpet, Closet, Double Sinks,On Level: Main,Dimensions: 16x14
  • Full Bathrooms: 2
  • Basement: Finished, Exterior Entry
  • Dining Room: On Level: Main,Dimensions: 6x9
  • Living Room: Features: Wall to Wall Carpet,On Level: Main,Dimensions: 26x23
  • Kitchen: Features: Galley, Granite,On Level: Main,Dimensions: 10x9
  • Additional Room 1: Description: Den,Features: Bookcases,On Level: Main,Dimensions: 10x14
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2
  • Window Features: Aluminum Frames

Exterior Features

  • Total Levels: 24
  • Exterior Description: Aluminum
  • Exterior Features: Deck, Fenced, Pool, Security Lights, Water Feature, Raised Beds, Fire Pit, Built-in Barbecue
  • View: River, City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Deeded

Utilities

  • Condo Washer Dryer: Hookup Available
  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Forced Air - 95+%
  • Internet Service Type: Cable, DSL
  • Security: Entry, Security Guard

Condo/Co-op/Association

  • Condo Pet Policy: See Rules
  • Storage Available: Yes
  • HOA Fees: 1095
  • Condo Association: http://www.ThePortland Plaza.com
  • Condo Association: http://Yes
  • Condo Concierge: Yes
  • Condo Garage Type: Deeded
  • Condo Parking Space No: P140-P237
  • Condo Unit Level: 18
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Townhouse Parking Space No: P240/P1-37
  • Townhouse Parking Space Owned: Yes
  • Townhouse Remarks Public: What a great shape to be in! Live in the Cultural district with parks, fun and amenities galore. BBQ, salt water pool, gardens, SECURITY, library, gym, fire pit, meeting room, concierge, professionally managed and an active and reputable HOA.
  • Unit Location: Upper Floor
  • Association Amenities: Exterior Maintenance, Trash, Gym, Insurance, Management, Pool, Sewer, Water, Party Room, Library, Concierge, Internet

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: On Busline, Light Rail, Street Car, Terraced
  • Zoning: R2
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Amount: 2800

Tax Info

  • Tax Amount: 8699.18
  • Assessor Parcel Number: R286391
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Oct 18, 2021
Sold by
Peterson Brenda Jo and The Douglas And Brenda Jo Pete
Bought by
Wade Frederick and Wade Susan
Seller's Agent
Bernhild Nieswandt
The Hanzlik Group David Hanzlik & Associates Inc
Buyer's Agent
Morgan Davis
Keller Williams PDX Central
List Price
$499,000
Sold Price
$442,000
Premium/Discount to List
-$57,000
-11.42%
Current Estimated Value
$423,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,333
Avg. Annual Appreciation
1.76%
Original Mortgage
$160,000
Outstanding Balance
$127,852
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$344,481

Purchase Details

Closed on
Mar 21, 2018
Sold by
Peterson Douglas L
Bought by
The Douglas And Brenda Jo Peters

Purchase Details

Closed on
Mar 9, 2009
Sold by
Woelfer Lawrence W
Bought by
Woelfer Lawrence Whitney and Lawrence Whitney Woelfer Revocable Trust

Purchase Details

Closed on
Mar 2, 2007
Sold by
Bloch Ernest
Bought by
Peterson Douglas L and Peterson Brenda Jo

Purchase Details

Closed on
Mar 31, 2003
Sold by
Bloch Ernest
Bought by
Bloch Ii Ernest and Bloch Laurie Munro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.78%

Purchase Details

Closed on
Apr 4, 1997
Sold by
Bloch Ernest
Bought by
Bloch Ii Ernest and Bloch Laurie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.25%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Morrell Richard L
Bought by
Bloch Ii Ernest and Bloch Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.6%
Source: Public Records

Range of Values:

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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
Wade Frederick $442,000 Ticor Title Company Of Or
The Douglas And Brenda Jo Peters -- None Available
Woelfer Lawrence Whitney -- None Available
Peterson Douglas L $500,000 Lawyers Title Ins
Bloch Ii Ernest -- Ticor Title Insurance Compan
Bloch Ii Ernest -- Ticor Title
Bloch Ii Ernest $225,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Frederick $160,000
Previous Owner Bloch Ii Ernest $236,000
Previous Owner Bloch Ii Ernest $214,600
Previous Owner Bloch Ii Ernest $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $442,000 -11.4% $335 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $499,000 -- $378 / 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 $10,112 $372,440 $0 $372,440
2022 $8,961 $361,600 $0 $0
2021 $9,483 $351,070 $0 $0
2020 $8,699 $340,850 $0 $0
2019 $8,379 $330,930 $0 $0
2018 $8,133 $321,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bernhild Nieswandt

    The Hanzlik Group David Hanzlik & Associates Inc

    11 in this area

    28 Total Sales

    Section Image
  • Morgan Davis

    Buyer's Agent in 2021

    Morgan Davis

    Keller Williams PDX Central

    (503) 548-4848

    1 in this area

    545 Total Sales

    Section Image
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About Portland Plaza

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21291866

Regional Multiple Listing Service (RMLS)

APN: R286391

Oregon Multnomah County Portland 97201 Downtown Portland

1500 SW 5th Ave Unit 1802, Portland, OR

This home is located at 1500 SW 5th Ave Unit 1802, Portland, OR 97201 since 25 January 2021 and is currently estimated at $435,333, approximately $330 per square foot. This property was built in 1973. 1500 SW 5th Ave Unit 1802 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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