$539,900
NEW CONSTRUCTION $40K PRICE INCREASE

Estimated payment $3,371/month

Total Views 1,365
2 Beds
2.5 Baths
1,161 Sq Ft
$465 Price per Sq Ft

Highlights

  • New Construction
  • Vaulted Ceiling
  • Private Yard
  • Duniway Elementary School Rated 9+
  • Quartz Countertops
  • Stainless Steel Appliances

About This Home

5.49 FIXED INTEREST RATE WITH BUILDER-PAID BUYDOWN... subject to market and eligibility. LARGE PRIVATE SIDE YARD ON THIS HOME! Large side yard is an extra space to garden, for storage, or could be a grassy yard for play. Also, extra windows bring even more light into this end-unit home. Welcome to Ivy Terrace, a brand-new community of 8 thoughtfully designed townhouse-style condminiums in the heart of sought-after Sellwood. These quality-built homes feature stylish kitchens with quartz countertops, sleek tile backsplashes, and stainless-steel appliances. Enjoy the open-concept main floor layout, perfect for entertaining, and two spacious primary suites upstairs for ultimate comfort. Superior construction shines through with cabinets that rise to the 9-foot ceilings, high-efficiency heat pumps providing central heating and A/C, garage openers, and durable Trex decking. Each home includes an attached garage and offers both a front balcony and a rear outdoor space—providing east and west exposure for extended outdoor living. All this in one of Portland's most charming neighborhoods! For availability, pricing, plans and more, see the Ivy Terrace Sellwood website. [Home Energy Score = 10. HES Report at

Listing Agent

Reuben Schug

Windermere Realty Trust Brokerage Email: moreland@windermere.com License #200611244 Listed on: 09/04/2025

Windermere Realty Trust

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 1 Common Wall
  • Fenced
  • Private Yard

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,161 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Eco-Friendly Details

  • Green Certified Home

Schools

  • Duniway Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Trash

Community Details

  • Ivy Terrace Condminiums Association, Phone Number (503) 754-1930
  • Ivy Terrace Subdivision
  • On-Site Maintenance

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number R267616

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,998

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$35 per month

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Stories: 3
  • Warranty: BuilderWarranty
  • Year Built: 2025
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 23-055116
  • Property Sub Type: Attached
  • Architectural Style: CommonWall, Townhouse
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Open House: No
  • PublicRemarksAssociation: Realtor Reuben Schug is fielding questions on behalf of the developer/seller. Once the development is 75% sold, the HOA will be turned over from the developer to the new owners.
  • PublicRemarksNewConstruction: If Early Issue Title Insurance is required by a lender or requested by the Buyer, the premium shall be paid by the Buyer.
  • Room 11 Features: Disposal,Island,Microwave
  • Room 12 Features: Balcony,GreatRoom
  • Room 13 Features: Bathroom
  • Room 7 Features: Bathroom
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.1
  • Interior Amenities: HighCeilings, Laundry, LuxuryVinylPlank, Quartz, VaultedCeiling, WalltoWallCarpet
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingRange, Island, Microwave, PlumbedForIceMaker, Quartz, SolidSurfaceCountertop, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Association Contact: Reuben Schug
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: Fenced, Yard
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Energy Efficiency Features: DoublePaneWindows,HeatPump,InsulationandCeilingInsulation,SolarReady
  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling: CentralAir, HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Insurance, MaintenanceGrounds, RoadMaintenance, Trash
  • Senior Community: No
  • Association Fee: 35.0
  • Association Fee Frequency: Monthly
  • Association Name: Ivy Terrace Condminiums
  • Phone: 503-754-1930
  • Association: Yes
  • Association Email: reubenschug@windermere.com

Association/Amenities

  • AssociationAddress: TBD
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

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

Lot Info

  • Farm: No
  • Zoning: RM1
  • Land Lease: No
  • Parcel #: R267616

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,998 $186,790 -- --
2023 $4,998 $181,350 $0 $0
2022 $4,701 $176,070 $0 $0
2021 $4,622 $170,950 $0 $0
2020 $4,240 $165,980 $0 $0
2019 $4,084 $161,150 $0 $0
2018 $3,964 $156,460 $0 $0
2017 $3,800 $151,910 $0 $0
2016 $3,477 $147,490 $0 $0
2015 $3,386 $143,200 $0 $0
2014 $3,335 $139,030 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $499,900 -- $431 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Warranty Deed $857,000 First American Title
Warranty Deed -- Accommodation
Warranty Deed -- Accommodation
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,550,000 New Conventional
Previous Owner $112,800 Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in Portland, OR

  • 700 SE Marion St Unit D, Portland, OR 97202

    $415,000

    • 2 Beds
    • 2.5 Baths
    • 1,780 Sq Ft
    • 700 SE Marion St
    • Unit D
    • Portland, OR

    End townhouse in the trees for privacy with 500 SF deck. 2 car attached garage with storage. located at the end of a lane with 4 condo units. Enjoy the swimming pool with a view of the Willamette River overlooking the marina , year round hot tub. Walkability into Sellwood/Moreland, parks, Spring Water Trail. Fireplace in the primary suite with good closet space. Well maintained grounds. Stand

    Madeleine Rose Premiere Property Group, LLC

    Section Image
  • 3312 SW 1st Ave, Portland, OR 97239

    $610,000

    • 3 Beds
    • 2.5 Baths
    • 2,123 Sq Ft
    • 3312 SW 1st Ave
    • Portland, OR

    Contemporary Townhouse located in Liar Hill. Close to downtown, parks, transportation. This end unit offers a great , clean design. Gourmet kitchen has quartz counter tops, stainless steel appliances and a great island opening to the Family Room and Dining area.The primary bedroom offers ample storage and closets. Private deck offers a peaceful retreat. Enjoy this great SW Location and stylish

    Madeleine Rose Premiere Property Group, LLC

    Section Image
  • 530 N Hayden Bay Dr, Portland, OR 97217

    $460,000

    • 3 Beds
    • 3 Baths
    • 2,041 Sq Ft
    • 530 N Hayden Bay Dr
    • Portland, OR

    Welcome to easy waterfront living at its finest! This stunning Riverhouse condo offers front-row views of Mt. Hood and the peaceful Hayden Bay Marina, blending everyday comfort with the charm of life by the water. Each winter, enjoy the festive tradition of the Christmas Ship Parade as they float by, bringing holiday cheer right to your patio. This desirable 'B' unit floor plan features a bright,

    Summer Browner Keller Williams Realty Professionals

    Section Image
  • 236 S Sweeney St, Portland, OR 97239

    $499,000

    • 2 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 236 S Sweeney St
    • Portland, OR

    Welcome to this stunning row house located in the highly desirable Johns Landing neighborhood—just minutes from vibrant shopping, popular restaurants, and the scenic Willamette Park, where you can enjoy walking trails, boating, and water sports. Step inside to an open-concept floorplan featuring high ceilings and crown molding, creating a bright and spacious atmosphere throughout. Recent upgrades

    Drew McCulloch Windermere Realty Trust

    Section Image
  • 4922 SW 1st Ave, Portland, OR 97239

    $489,900

    • 3 Beds
    • 2.5 Baths
    • 1,540 Sq Ft
    • 4922 SW 1st Ave
    • Portland, OR

    Excellent opportunity to own a great investment property. Townhouse style floor plan featuring a large living room with gas fireplace, open kitchen/dining area with a slider to the upper deck and a half bath for company. The Master suite and 2nd bedroom are on the upper level with the laundry closet and full bath. The 3rd bedroom is located on the lower level with the garage access. It has a

    Terri Boughton Century 21 North Homes Realty

    Section Image
  • 4815 SW 1st Ave, Portland, OR 97239

    $495,000

    • 3 Beds
    • 2.5 Baths
    • 1,608 Sq Ft
    • 4815 SW 1st Ave
    • Portland, OR

    Open house 08/16 11-1pm. Dreaming of owning a home in one of the most convenient and desirable locations near Downtown Portland? This charming end-unit townhome offers the perfect blend of comfort and location, just minutes from Downtown Portland, the waterfront, HWY, OHSU, and more—all for under $500K!This home features an open floor plan and a spacious backyard. Fresh new interior paint, new

    Xin Dudley Premiere Property Group, LLC

    Section Image
  • 4160 S Corbett Ave, Portland, OR 97239

    $450,000

    • 2 Beds
    • 2 Baths
    • 1,432 Sq Ft
    • 4160 S Corbett Ave
    • Portland, OR

    Prepare to fall in love with this rare eastern-facing townhome, perfectly positioned in one of Portland’s most vibrant and historic neighborhoods. Just minutes from downtown, South Waterfront, OHSU, PSU, Streetcar and Tram, and with easy freeway access, this home offers the best of city living in a peaceful, tree-lined community. Inside, thoughtful finishes and updates abound. The open-concept

    Yvonne Blewett Cascade Hasson Sotheby's International Realty

    Section Image
  • 114 S Abernethy St, Portland, OR 97239

    $625,000

    • 3 Beds
    • 2.5 Baths
    • 1,997 Sq Ft
    • 114 S Abernethy St
    • Portland, OR

    Enjoy everything this fantastic Portland townhome has to offer! The main living is bright and invites with a gas fireplace and wall of windows. The gourmet kitchen has stainless-steel appliances, granite counters, hardwood floors and a large eat-at kitchen island with wine storage. Access the generous back deck from the slider off the kitchen. The spacious primary suite has high ceilings,

    Tyler Lankheet Premiere Property Group, LLC

    Section Image
  • 2616 SW Hume Ct Unit 28, Portland, OR 97219

    $460,000

    • 3 Beds
    • 3.5 Baths
    • 1,786 Sq Ft
    • 2616 SW Hume Ct
    • Unit 28
    • Portland, OR

    Welcome to this bright and cleverly designed 3-bedroom, 3.5-bathroom townhome-style condominium offering 1,786 sq ft of thoughtfully utilized space. Built in 2006 and recently updated with a freshly painted exterior, this home blends comfort, function, and style in a highly sought-after location less than a mile from Multnomah Village.The main level features an open-concept great room with

    Louise Levin RE/MAX Equity Group

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 205113537

Regional Multiple Listing Service (RMLS)

APN: R267616