NOT LISTED FOR SALE

University Park 1500 SW Park Ave Unit 421 Portland, OR 97201

Downtown Portland Neighborhood

Estimated Value: $304,178 - $339,000

2 Beds
2 Baths
889 Sq Ft
$585/mo HOA Fee

Last Sold September 08, 2023

Last sale price $380,000 $427 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,721/month

173 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Sw Park & Market
  • City View
  • West Sylvan Middle School Rated A-
  • Gated Community
  • 1-minute walk to South Park Blocks

About This Home

As of September 2023

Located in the heart of Portland's cultural district this exceptional corner unit condo features 2 spacious bedrooms, 2 baths & all NEW carpet and paint throughout. The open concept living and dining area is perfect for entertaining plus a private covered deck provides year round outdoor enjoyment. With large updated Milgard windows, this unit is bright and inviting! Mere steps away from the park blocks, art museum and restaurants, this condo provides the best of urban living! Oversized parking and storage included.

Last Agent to Sell the Property

Christy MacColl

Windermere Realty Trust License #200609271 Listed on: 03/04/2023

Windermere Realty Trust

Co-Listed By

Carrie Gross

Windermere Realty Trust License #201203664

Last Buyer's Agent

Pamela Ruble

Redfin License #201219138

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 1988

Lot Details

  • 1 Common Wall
  • Gated Home

HOA Fees

  • $585 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Built-Up Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 889 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Combination Dining and Living Room
  • First Floor Utility Room

Kitchen

  • Built-In Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom Access
  • Security Gate

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance
  • Minimal Steps

Outdoor Features

  • Covered Deck

Location

  • Upper Level
  • Property is near Portland Streetcar
  • Property is near a bus stop

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R574523

Community Details

Overview

  • 129 Units
  • University Park Condominium Association, Phone Number (503) 445-1226
  • Downtown/Cultural District Subdivision

Amenities

  • Community Deck or Porch
  • Common Area
  • Meeting Room
  • Community Storage Space
  • Elevator

Recreation

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,356

Year Built

Built in 1988

Lot Details

0

HOA Fees

$585 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1988
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: CommonWall, Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 129
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: BuiltinRange,Dishwasher,EatBar,Microwave
  • Room 12 Features: Deck
  • Room 7 Features: ClosetOrganizer
  • Room 9 Features: LivingRoomDiningRoomCombo
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleElevatorInstalled, AccessibleEntrance, MainFloorBedroomBath, MinimalSteps, OneLevel, UtilityRoomOnMain
  • Total Bathrooms: 2.0
  • Interior Amenities: Elevator, Granite, LaminateFlooring, Laundry, SoakingTub, WalltoWallCarpet, WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: BuiltinRange, Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Granite, Microwave, RangeHood, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: CoveredDeck
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons, Gated, OnBusline, StreetCar
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: BuiltUp
  • View: City

Garage/Parking

  • Garage Type: Attached,Oversized
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: P87
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 313.16

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Security: Entry, FireSprinklerSystem, IntercomEntry, SecurityGate
  • 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: Commons, Gated, Gym, Management, MeetingRoom, Sewer, Trash, Water, WeightRoom
  • Senior Community: No
  • Association Fee: 585.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Jennifer Martin
  • CondominiumAssociationEmail: jenniferm@COMMUNITYMGT.com
  • CondominiumAssociationName: University Park Condominium
  • CondominiumAssociationPhone: 503-445-1226
  • CondominiumAssociationURL: https://communitymgt.com
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Parcel #: R574523

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6355.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
Sep 8, 2023
Sold by
Frank Stephen R and Graves Patricia L
Bought by
Long John Peter
Seller's Agent
Christy MacColl
Windermere Realty Trust
Buyer's Agent
Pamela Ruble
Redfin
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%
Views
102
Current Estimated Value
$323,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,455
Avg. Annual Appreciation
-7.24%

Purchase Details

Closed on
Sep 21, 2005
Sold by
University Park Property Llc
Bought by
Frank Stephen R and Graves Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Long John Peter $380,000 Wfg Title
Frank Stephen R $363,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Stephen R $290,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $380,000 -1.3% $427 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $385,000 -2.5% $433 / Sq Ft
03/04/2023 03/04/23 For Sale $395,000 -- $444 / 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
2025 $5,311 $274,470 -- $274,470
2024 $5,986 $266,480 -- $266,480
2023 $5,218 $258,720 $0 $258,720
2022 $6,356 $251,190 $0 $0
2021 $6,391 $243,880 $0 $0
2020 $6,043 $236,780 $0 $0
2019 $5,821 $229,890 $0 $0
2018 $5,650 $223,200 $0 $0
2017 $5,415 $216,700 $0 $0
2016 $4,955 $210,390 $0 $0
2015 $4,825 $204,270 $0 $0
2014 $4,753 $198,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy MacColl

    Seller's Agent in 2023

    Christy MacColl

    Windermere Realty Trust

    (503) 984-1723

    3 in this area

    87 Total Sales

    Christy MacColl
    Section Image
  • Carrie Gross

    Seller Co-Listing Agent in 2023

    Carrie Gross

    Windermere Realty Trust

    (971) 703-4978

    3 in this area

    113 Total Sales

    Carrie Gross
    Section Image
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About University Park

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23157994

Regional Multiple Listing Service (RMLS)

APN: R574523

Oregon Multnomah County Portland 97201 Downtown Portland

1500 SW Park Ave Unit 421, Portland, OR

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