NOT LISTED FOR SALE

RiverPlace Condominiums 1616 S Harbor Way Unit 511 Portland, OR 97201

Downtown Portland Neighborhood

Estimated Value: $344,065 - $413,000

2 Beds
2 Baths
1,038 Sq Ft
$690/mo HOA Fee

Last Sold April 07, 2021

Last sale price $380,000 $366 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,188/month

89 Days on Market

Highlights

  • Unit is on the top floor
  • 4-minute walk to Sw 1St & Harrison
  • Bamboo Flooring
  • Ainsworth Elementary School Rated A-
  • Waterfront
  • 3-minute walk to South Waterfront Park

About This Home

As of April 2021

Come enjoy Riverplace, a welcoming community set along the beautiful Willamette. Walk to parks, museums, restaurants, even work! This serene unit is thoughtfully laid out, w/ an open kitchen/dining/living area, two very comfortable bedrooms and baths, and a West facing covered patio. And it has lovely hardwood floors throughout (grandfathered, but no longer allowed in most other units). Newer appliances, and a new heat pump. Brand new siding, windows, roof & updated common areas.

Last Agent to Sell the Property

Laura Lacey

Corcoran Prime License #200811044 Listed on: 12/05/2020

Last Buyer's Agent

Lisa Owens

Corcoran Prime License #970500038

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • Waterfront
  • Fenced
  • Garden

HOA Fees

  • $690 per month

Parking

  • Attached Garage

Home Design

  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Laundry Room
  • Property Views

Flooring

  • Bamboo
  • Tile

Home Security

  • Intercom Access
  • Security Lights
  • Security Gate

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Unit is on the top floor

Community Details

Overview

  • On-Site Maintenance
  • Maintained Community

Amenities

  • Common Area

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$690 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Contemporary
  • Sq Ft Calculated: 1038
  • Sq Ft Approximate Total: 1038
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1986
  • Property Condition: Updated/Remodeled
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: One Level, Accessible Entrance, Accessible Hallway(s), Main Floor Bedroom w/Bath
  • All Room Features: Balcony, Fireplace, Tile Floor, Bamboo Floor
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Elevator: Yes
  • Floor Plan: 2 bed/2 bath
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Laundry, Tile Floor, Washer/Dryer, Bamboo Floor
  • Kitchen Appliances: Microwave, Dishwasher, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: RIVERPLACE CONDOMINIUM NO 1, BLDG A LOT 511
  • Sq Ft Main Level: 1038
  • Bedrooms: 2
  • Master Bedroom: Features: Balcony, Bamboo Floor,On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 2
  • Dining Room: Features: Bamboo Floor,On Level: Main
  • Living Room: Features: Balcony, Fireplace, Bamboo Floor,On Level: Main
  • Kitchen: Features: Tile Floor,On Level: Main
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Deck Available: Yes
  • Total Levels: 6
  • Exterior Description: Lap Siding, Cement Siding
  • Exterior Features: Covered Patio, Fenced, Garden
  • Roof Type: Composition
  • View: City
  • Waterfront Description: River Front
  • Waterfront: Yes
  • Water Name: Willamette River
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Internet Service Type: Cable
  • Security: Fire Sprinkler System, Security Gate, Security Lights, Intercom Entry

Condo/Co-op/Association

  • Condo Pet Policy: See CC&r's
  • Condo Remarks: Updates & Improvements in this building are complete, and the special assessment is paid in full. A wonderful community, and a lovely place to live!
  • Storage Available: Yes
  • HOA Fees: 690
  • Condo Garage Type: Deeded
  • Condo Parking Space No: P80
  • Condo Parking Space No 2: P81
  • Condo Parking Tax: 371.00
  • Condo Parking Tax 2: 371.00
  • Condo Storage Unit No: 84
  • Condo Unit Level: 5
  • Condo Yard: Yes
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Commons, Exterior Maintenance, Insurance, Management, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 7096.00
  • Assessor Parcel Number: R256607
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Apr 6, 2021
Sold by
Edwards Douglas K and Rostamian Mojgan
Bought by
Rawlins Patrric Joseh and Rawlins Karen B
Seller's Agent
Laura Lacey
Corcoran Prime
Buyer's Agent
Lisa Owens
Corcoran Prime
List Price
$405,000
Sold Price
$380,000
Premium/Discount to List
-$25,000
-6.17%
Current Estimated Value
$377,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,734
Avg. Annual Appreciation
-0.15%
Original Mortgage
$230,000
Outstanding Balance
$132,805
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$244,461

Purchase Details

Closed on
Jun 6, 2014
Sold by
Edwards Douglas K and Rostamian Mojgan
Bought by
Edwards Douglas K and Rostamian Mojgan

Purchase Details

Closed on
Jul 27, 2010
Sold by
Clark Guy S and Clark Ramona R
Bought by
Rostamian Mojgan and Edwards Douglas K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rawlins Patrric Joseh $380,000 Wfg
Rawlins Pattric Joseph $380,000 Wfg Title
Edwards Douglas K -- None Available
Rostamian Mojgan $260,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawlins Pattric Joseph $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2021 04/07/21 Sold $380,000 -4.8% $366 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
12/29/2020 12/29/20 Price Changed $399,000 -1.5% $384 / Sq Ft
12/05/2020 12/05/20 For Sale $405,000 -- $390 / 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 $6,165 $299,590 -- $299,590
2024 $6,724 $290,870 -- $290,870
2023 $7,456 $282,400 $0 $282,400
2022 $7,314 $274,180 $0 $0
2021 $7,191 $266,200 $0 $0
2020 $6,596 $258,450 $0 $0
2019 $6,354 $250,930 $0 $0
2018 $6,167 $243,630 $0 $0
2017 $5,911 $236,540 $0 $0
2016 $5,409 $229,660 $0 $0
2015 $5,267 $222,980 $0 $0
2014 $5,188 $216,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Lacey

    Seller's Agent in 2021

    Laura Lacey

    Corcoran Prime

    (503) 309-0249

    1 in this area

    48 Total Sales

    Laura Lacey
    Section Image
  • Lisa Owens

    Buyer's Agent in 2021

    Lisa Owens

    Corcoran Prime

    (503) 312-2330

    1 in this area

    66 Total Sales

    Lisa Owens
    Section Image
See All Agents

About RiverPlace Condominiums

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20246269

Regional Multiple Listing Service (RMLS)

APN: R256607

Oregon Multnomah County Portland 97201 Downtown Portland

1616 S Harbor Way Unit 511, Portland, OR

Not Listed for Sale

Condos

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