NOT LISTED FOR SALE

University Park 1500 SW Park Ave Unit 424 Portland, OR 97201

Downtown Portland Neighborhood

Estimated Value: $284,000 - $323,000

2 Beds
1 Bath
827 Sq Ft
$445/mo HOA Fee

Last Sold April 25, 2017

Last sale price $392,000 $474 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,548/month

5 Days on Market

Highlights

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

About This Home

As of April 2017

WALK SCORE OF 99! Located on the 4th floor overlooking the courtyard, this well maintained unit has hardwood flooring, granite counters & SS appliances. Washer & dryer in the unit. Just steps away from Farmers Market, museum, park, coffee, PSU, street car, shops & restaurants! Covered patio to enjoy year-round. Deeded parking. HOA includes water, sewer, garbage, rooftop patio, wt room, hot tub, library, secure parking & gated community!

Last Agent to Sell the Property

Carolyn Hoty

Keller Williams Realty Professionals License #200604179 Listed on: 03/03/2017

Keller Williams Realty Professionals

Last Buyer's Agent

Karen Beers

RE/MAX Equity Group License #950900096

RE/MAX Equity Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,478

Year Built

  • Built in 1988

Lot Details

  • 1 Common Wall
  • Gated Home
  • Sprinkler System

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 827 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Deck

Location

  • Upper Level
  • Property is near Portland Streetcar

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

Listing and Financial Details

  • Assessor Parcel Number R574526

Community Details

Overview

  • University Park Condo HOA, Phone Number (503) 445-1224
  • University Park Subdivision
  • On-Site Maintenance

Amenities

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

Recreation

  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,478

Year Built

Built in 1988

Lot Details

0

HOA Fees

$445 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1988
  • Property Condition: Approximately
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 4
  • Open House: No
  • PublicRemarksCondominium: Rental cap is 38 units has been met w/waiting list > 1 year.
  • Room 12 Features: Balcony,LivingRoomDiningRoomCombo
  • Room 9 Features: LivingRoomDiningRoomCombo
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: LaminateFlooring, Laundry, Sprinkler, WasherDryer
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Granite, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • 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
  • Bedroom 7 Area: 156
  • 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: Deck
  • View: No
  • Lot Features: Commons, Gated, StreetCar
  • Disclosures: Disclosure

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumParkingSpaceNo: P-22

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • 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, Gated, Gym, Management, Sewer, SpaHotTub, Trash, Water
  • Senior Community: No
  • Association Fee: 445.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: CMI-Jennifer Martin
  • CondominiumAssociationName: University Park Condo HOA
  • CondominiumAssociationPhone: 503-445-1224
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Parcel #: R574526

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 4477.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Mar 8, 2017
Sold by
Armstrong Joan E
Bought by
Morgan Janice Ruth
Seller's Agent
Carolyn Hoty
Keller Williams Realty Professionals
Buyer's Agent
Karen Beers
RE/MAX Equity Group
List Price
$374,900
Sold Price
$392,000
Premium/Discount to List
$17,100
4.56%
Current Estimated Value
$305,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$86,401
Avg. Annual Appreciation
-2.67%
Original Mortgage
$312,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2011
Sold by
Lindgren Gerard A and Lindgren Ann
Bought by
Armstrong Joan E and Joan E Armstrong 2011 Trust
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
Morgan Janice Ruth $392,000 First American
Armstrong Joan E $267,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Janice Ruth $312,000
Previous Owner Lindgren Gerard A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Sold $392,000 +4.6% $474 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $374,900 -- $453 / 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 $5,409 $240,800 -- $240,800
2023 $4,715 $233,790 $0 $233,790
2022 $5,743 $226,990 $0 $0
2021 $5,775 $220,380 $0 $0
2020 $5,461 $213,970 $0 $0
2019 $5,260 $207,740 $0 $0
2018 $5,105 $201,690 $0 $0
2017 $4,893 $195,820 $0 $0
2016 $4,478 $190,120 $0 $0
2015 $4,360 $184,590 $0 $0
2014 $4,295 $179,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Hoty

    Seller's Agent in 2017

    Carolyn Hoty

    Keller Williams Realty Professionals

    (503) 780-3688

    1 in this area

    226 Total Sales

    Carolyn Hoty
    Section Image
  • Karen Beers

    Buyer's Agent in 2017

    Karen Beers

    RE/MAX

    24 Total Sales

    Karen Beers
    Section Image
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About University Park

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17498791

Regional Multiple Listing Service (RMLS)

APN: R574526

Oregon Multnomah County Portland 97201 Downtown Portland

1500 SW Park Ave Unit 424, Portland, OR

This home is located at 1500 SW Park Ave Unit 424, Portland, OR 97201 since 03 March 2017 and is currently estimated at $305,599, approximately $369 per square foot. This property was built in 1988. 1500 SW Park Ave Unit 424 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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