NOT LISTED FOR SALE

Portland Plaza 1500 SW 5th Ave Unit 2406 Portland, OR 97201

Downtown Portland Neighborhood

Estimated Value: $412,000 - $642,000

2 Beds
2 Baths
1,319 Sq Ft
$934/mo HOA Fee

Last Sold March 21, 2019

Last sale price $559,000 $424 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,484/month

39 Days on Market

Highlights

  • Concierge
  • 1-minute walk to Sw 5Th & Market
  • Private Pool
  • West Sylvan Middle School Rated A-
  • Fitness Center
  • 2-minute walk to Keller Fountain Park

About This Home

As of March 2019

Breathtaking views of West Hills & city skyline abound from this classy & inviting 24th floor condo home! Watch spectacular sunsets & seasons change from walls of windows that bring in generous natural light all year around. Multi-million dollar renovations of this iconic building recently completed. Sleek new interior offers a swanky library, gym & party room for events. Outdoors, enjoy "Portland's Best Condo Backyard." Live & love it!

Last Agent to Sell the Property

Sohee Anderson

Where, Inc License #200510313 Listed on: 01/02/2019

Last Buyer's Agent

Carolyn Weinstein

Cascade Hasson Sotheby's International Realty License #780900113

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,755

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 9,583

HOA Fees

  • $934 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Property Views

  • Seasonal
  • Territorial

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,319 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Family Room
  • Living Room
  • Dining Room
  • Security Lights
  • Washer and Dryer

Kitchen

  • Cooktop
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Sprinkler System
  • Property is near Portland Streetcar

Listing and Financial Details

  • Assessor Parcel Number R286429

Community Details

Overview

  • 145 Units
  • The Portland Plaza Association, Phone Number (503) 228-6569
  • The Portland Plaza Subdivision

Amenities

  • Concierge
  • Courtyard
  • Common Area
  • Party Room
  • Community Library
  • Elevator

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,755

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$934 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1973
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumUnitsInComplex: 145
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: Yes
  • Open House: No
  • Room 7 Features: BuiltinFeatures
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 2.0
  • Interior Amenities: Granite, TileFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: Entry
  • Room 4 Level: Main
  • Appliances: Cooktop, Disposal, FreeStandingRefrigerator, Granite, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 26
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Other Room10 Area: 437
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 130
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Other Room9 Area: 80
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Other
  • Exterior Features: CoveredPatio, Patio, Pool, SecurityLights, Sprinkler
  • View: Yes
  • Lot Features: Commons, Level, LightRail, StreetCar
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Other
  • View: City,Seasonal,Territorial

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: P221

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Concierge, Insurance, Library, PartyRoom, Pool, Sewer, Trash, Water, WeightRoom
  • Senior Community: No
  • Association Fee: 934.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Dale Witham
  • CondominiumAssociationName: The Portland Plaza
  • CondominiumAssociationPhone: 503-228-6569
  • CondominiumAssociationURL: www.theportlandplaza.com
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Lot Size: Level
  • Parcel #: R286429

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 7755.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2019
Closed on
Mar 15, 2019
Sold by
Szekely Margaret A
Bought by
Young Melvin Alexander and Young Linda Raphael
Seller's Agent
Sohee Anderson
Where, Inc
Buyer's Agent
Carolyn Weinstein
Cascade Hasson Sotheby's International Realty
List Price
$559,000
Sold Price
$559,000
Current Estimated Value
$494,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,033
Avg. Annual Appreciation
-2.15%
Original Mortgage
$409,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2008
Sold by
Resnick Kenneth I and Resnick Nancy D
Bought by
Szekely Otto and Szekely Margaret

Purchase Details

Closed on
Oct 12, 2006
Sold by
Resnick Kenneth I and Resnick Nancy D
Bought by
Resnick Kenneth I and Resnick Nancy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 31, 2006
Sold by
Resnick Kenneth I and Resnick Nancy D
Bought by
Resnick Kenneth I and Resnick Nancy D

Purchase Details

Closed on
Aug 27, 1999
Sold by
Beathe L Diane
Bought by
Resnick Kenneth I and Resnick Nancy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.47%

Purchase Details

Closed on
Jul 1, 1999
Sold by
Beath L Diane
Bought by
Beathe L Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.47%

Purchase Details

Closed on
Mar 4, 1997
Sold by
Beathe Larry D
Bought by
Beathe Lauren Diane
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
Young Melvin Alexander $559,000 Fidelity National Ttl Of Or
Szekely Otto $475,000 Fidelity Natl Title Co Of Or
Resnick Kenneth I -- Accommodation
Resnick Kenneth I -- None Available
Resnick Kenneth I $280,000 Oregon Title Insurance Co
Beathe L Diane -- First American Title Ins Co
Beathe Lauren Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Young Melvin $455,000
Closed Young Melvin Alexander $409,000
Previous Owner Szekely Margaret A $290,000
Previous Owner Resnick Kenneth I $100,000
Previous Owner Resnick Kenneth I $78,150
Previous Owner Resnick Kenneth I $224,000
Previous Owner Beathe L Diane $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $559,000 0.0% $424 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $559,000 -- $424 / 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 $10,075 $370,540 $0 $370,540
2022 $8,954 $359,750 $0 $0
2021 $9,435 $349,280 $0 $0
2020 $8,655 $339,110 $0 $0
2019 $8,337 $329,240 $0 $0
2018 $8,092 $319,660 $0 $0
2017 $7,755 $310,350 $0 $0
2016 $7,097 $301,320 $0 $0
2015 $6,911 $292,550 $0 $0
2014 $6,806 $284,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sohee Anderson

    Seller's Agent in 2019

    Sohee Anderson

    Where, Inc

    (503) 708-3458

    15 in this area

    184 Total Sales

    Section Image
  • Carolyn Weinstein

    Buyer's Agent in 2019

    Carolyn Weinstein

    Cascade Hasson Sotheby's International Realty

    (503) 804-5854

    3 in this area

    75 Total Sales

    Section Image
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About Portland Plaza

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19061925

Regional Multiple Listing Service (RMLS)

APN: R286429

Oregon Multnomah County Portland 97201 Downtown Portland

1500 SW 5th Ave Unit 2406, Portland, OR

This home is located at 1500 SW 5th Ave Unit 2406, Portland, OR 97201 since 02 January 2019 and is currently estimated at $505,830, approximately $383 per square foot. This property was built in 1973. 1500 SW 5th Ave Unit 2406 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.

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