$487,500
SOLD JUN 16, 2025

1540 SE Martins St Unit B Portland, OR 97202

Sellwood Neighborhood
2 Beds
2.5 Baths
1,321 Sq Ft
$558/mo HOA Fee

Recently Sold

$369 Per Sq Ft

1% Below List Price

9 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • High Ceiling
  • Llewellyn Elementary School Rated A-
  • Loft
  • Quartz Countertops

About This Home

As of June 2025

Location, Location, Location Sellwood-Moreland neighborhood!!!! Check out the quality of construction this building offers: dual primary suite 2-story townhouse-style condo above the retail space with exterior windows and balcony facing SE Martin, offering views you must see. The kitchen has Brazilian Cherry hardwood floors complimenting the cherry cabinets, quartz countertops, and stainless steel appliances in the kitchen, with craftsman detail throughout the home of trim and millwork. The main floor boasts 10 ft ceilings with exposed beams that amplify the natural light coming from the windows. On the home's main level living is the kitchen, dining, and living room with fireplace and a desk nook; upstairs are dual primary suites with spacious walk-in closets and a loft area with built-in bookshelves. The home has a deeded parking space and a secure garage with bike racks. While in the garage, check out the Mount Hood Mural. Enjoy this neighborhood with tree-lined streets and an abundance of local boutiques, antique shops, shopping, and diverse dining options. Pencil in some outdoor activities at nearby Sellwood Park and Oaks Bottom Wildlife Refuge, or take a leisurely walk along the Willamette River. Don't miss the opportunity to make this exceptional property your new home. The home has a walk score of 87, a transit score of 46, and a bike score of 98. This 11-unit complex has HOA dues include water, sewer, and trash, in addition to insurance, reserves, management services, common areas, exterior maintenance, and security monitoring.

Last Agent to Sell the Property

Marjorie Wells

Legend Real Estate Services License #200505007 Listed on: 05/16/2025

Last Buyer's Agent

LuAnne DeMarco

Investors Trust Realty License #980800080

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,149

Year Built

  • Built in 2009

HOA Fees

  • $558 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,321 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Gas Oven or Range
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

  • Llewellyn Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Assessor Parcel Number R624912

Community Details

Overview

  • 11 Units
  • Llwewllyn Condominium Association, Phone Number (503) 598-0552
  • Sellwood Moreland Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,149

Year Built

Built in 2009

Lot Details

0

HOA Fees

$558 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 2009
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Townhouse
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitLevel: 2
  • CondominiumUnitsInComplex: 11
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: HardwoodFloors,Microwave
  • Room 12 Features: Fireplace,HardwoodFloors
  • Room 13 Features: Bathroom
  • Room 7 Features: Bathroom
  • Room 9 Features: HardwoodFloors
  • CondominiumTotalLevels: 2
  • Unit Floor Number: 2
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, HighCeilings, Laundry, Quartz, SoakingTub, Sprinkler, TileFloor, WalltoWallCarpet, WasherDryer
  • Room 4 Description: Loft
  • Room 4 Level: Upper
  • Window Features: DoublePaneWindows, VinylFrames, WoodFrames
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRefrigerator, GasAppliances, Island, Microwave, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 2
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 49
  • Bedroom 7 Area: 143
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room9 Area: 99
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,Cedar
  • Exterior Features: Patio
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 379.39

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Internet Service Type: Cable,DSL
  • Security: Entry, FireSprinklerSystem
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: AllLandscaping, Commons, ExteriorMaintenance, Insurance, MaintenanceGrounds, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 558.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Alexandria K with AMS
  • CondominiumAssociationEmail: llewellyncondominium@ams-nw.com
  • CondominiumAssociationName: Llwewllyn Condominium
  • CondominiumAssociationPhone: 503-598-0552
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Llewellyn
  • High School: Cleveland
  • Middle Or Junior School: Sellwood

Lot Info

  • Land Lease: No
  • Parcel #: R624912
  • Assessor Parcel Number 2: R624923

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8149.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 5, 2021
Sold by
Codd Paul M and Codd Carol A
Bought by
Abrams Tina
Seller's Agent
Vicky Turel
RE/MAX Equity Group
Buyer's Agent
Ann Gibbons
Evergreen Living Realty
List Price
$499,500
Sold Price
$460,000
Premium/Discount to List
-$39,500
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%

Purchase Details

Listed on
Jun 23, 2018
Closed on
Sep 10, 2018
Sold by
Cameron Alexander M
Bought by
Codd Paul M and Codd Carol A
Seller's Agent
Suzanne Montgomery
Where, Inc
Buyer's Agent
Vicky Turel
RE/MAX Equity Group
List Price
$449,000
Sold Price
$439,000
Premium/Discount to List
-$10,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%

Purchase Details

Closed on
Apr 20, 2011
Sold by
Sgt Pepper Llc
Bought by
Cameron Alexander M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
4.83%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $460,000 First American Title
Warranty Deed $439,000 Old Republic Title
Warranty Deed $299,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $239,200 New Conventional
Previous Owner $110,000 Construction
Closed $0 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $487,500 -0.5% $369 / Sq Ft
05/25/2025 05/25/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $490,000 +6.5% $371 / Sq Ft
10/06/2021 10/06/21 Sold $460,000 -3.2% $352 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $475,000 -4.9% $363 / Sq Ft
08/25/2021 08/25/21 For Sale $499,500 +13.8% $382 / Sq Ft
09/11/2018 09/11/18 Sold $439,000 -2.2% $336 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $449,000 -- $343 / 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 $7,770 $283,420 $0 $283,420
2022 $7,348 $275,170 $0 $0
2021 $7,219 $267,160 $0 $0
2020 $6,626 $259,380 $0 $0
2019 $6,383 $251,830 $0 $0
2018 $6,195 $244,500 $0 $0
2017 $5,938 $237,380 $0 $0
2016 $5,434 $230,470 $0 $0
2015 $5,291 $223,760 $0 $0
2014 $5,212 $217,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 447119023

Regional Multiple Listing Service (RMLS)

APN: R624912