NOT LISTED FOR SALE

196 SE Spokane St Unit 401 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $582,000 - $648,429

3 Beds
2 Baths
1,547 Sq Ft
$715/mo HOA Fee

Last Sold April 08, 2022

Last sale price $737,250 $477 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,914/month

5 Days on Market

Highlights

  • Unit is on the top floor
  • Waterfront
  • High Ceiling
  • Llewellyn Elementary School Rated A-
  • 1 Fireplace
  • 1-minute walk to Sellwood Riverfront Park

About This Home

As of April 2022

Perhaps one of the rarest Sellwood condo opportunities, this completely remodeled Riverpark top floor, NW-facing corner unit offers some of the best river views available in this coveted neighborhood. Light-filled, w/floor to ceiling windows, cook's kitchen, central dining room, open concept and incredible flow thruout. Gas fireplace, modern built-ins and fixtures, views from every room. Single level elegance mere blocks from parks, shopping, dining, tennis/pickleball, and Springwater Trail.

Last Agent to Sell the Property

Kathryn Kreimer

Windermere Realty Trust License #200809060 Listed on: 03/10/2022

Windermere Realty Trust

Last Buyer's Agent

Carrie Morton

Windermere Realty Trust License #201225168

Windermere Realty Trust

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,961

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 261

HOA Fees

  • $715 per month

Parking

  • Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Deeded Parking

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • 1 Fireplace
  • Natural Light
  • Double Pane Windows
  • Wall to Wall Carpet
  • Basement Storage
  • Intercom Access
  • Quartz Countertops
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • Soaking Tub
  • Walk-in Shower

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Available
  • Gas Water Heater
  • Hot Water Provided By Condo Association
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Patio
  • Waterfront
  • Unit is on the top floor

Community Details

Overview

  • On-Site Maintenance
  • Maintained Community

Amenities

  • Common Area
  • Party Room

Security

  • Resident Manager or Management On Site
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,961

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$715 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: NW Contemporary
  • Sq Ft Calculated: 1547
  • Sq Ft Approximate Total: 1547
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2001
  • Property Condition: Updated/Remodeled
  • Remarks Public: Perhaps one of the rarest Sellwood condo opportunities, this completely remodeled Riverpark top floor, NW-facing corner unit offers some of the best river views available in this coveted neighborhood. Light-filled, w/floor to ceiling windows, cook's kitchen, central dining room, open concept and incredible flow thruout. Gas fireplace, modern built-ins and fixtures, views from every room. Single level elegance mere blocks from parks, shopping, dining, tennis/pickleball, and Springwater Trail.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: One Level, Natural Lighting, Walk-in Shower, Garage on Main, Main Floor Bedroom w/Bath
  • Additional Rooms: Storage
  • All Room Features: Balcony, Built-in Features, Eat Bar, Fireplace, Hardwood Floors, Suite, Wall to Wall Carpet, Double Closet, Soaking Tub, Quartz
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Elevator: Yes
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener, Laundry, Wall to Wall Carpet, High Ceilings, Soaking Tub, Elevator, Quartz
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Pantry, Free-Standing Refrigerator, Convection Oven, Stainless Steel Appliance(s), Quartz, Free-Standing Gas Range
  • Legal Description: RIVERPARK CONDOMINIUM, LOT 401
  • Sq Ft Main Level: 1547
  • Bedrooms: 3
  • Master Bedroom: Features: Hardwood Floors, Suite, Double Closet, Soaking Tub,On Level: Main,Dimensions: 12x15
  • Bedroom 2: On Level: Main,Dimensions: 10x13
  • Bedroom 3: On Level: Main,Dimensions: 10x11
  • Full Bathrooms: 2
  • Basement: Storage Space
  • Dining Room: Features: Hardwood Floors,On Level: Main,Dimensions: 14x15
  • Living Room: Features: Balcony, Built-in Features, Fireplace, Hardwood Floors,On Level: Main,Dimensions: 15x19
  • Kitchen: Features: Eat Bar, Hardwood Floors, Quartz,On Level: Main,Dimensions: 10x11
  • Additional Room 1: Description: Storage,On Level: Lower
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Deck Available: Yes
  • Total Levels: 4
  • Exterior Description: Cement Siding
  • Exterior Features: Patio
  • Roof Type: Composition
  • View: River, Territorial, Trees/Woods
  • 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: 1
  • Garage Type: Attached
  • Parking Description: Deeded

Utilities

  • Condo Washer Dryer: Hookup Available
  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Fire Sprinkler System, Intercom Entry

Condo/Co-op/Association

  • Storage Available: Yes
  • HOA Fees: 715
  • Condo Garage Type: Deeded
  • Condo Parking Space No: 40
  • Condo Parking Space No 2: 43
  • Condo Rent Cap: Yes
  • Condo Storage Unit No: 10
  • Condo Unit Level: 4
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Central Air, Commons, Exterior Maintenance, Trash, Gas, Hot Water, Insurance, Management, Sewer, Party Room, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 6749.60
  • Assessor Parcel Number: R500064
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 31, 2017
Sold by
Roth John D
Bought by
Marks Jeffrey S and Marks Ann S
Seller's Agent
Andi Blackwell
Keller Williams Realty Portland Elite
Buyer's Agent
Christopher Johnson
Premiere Property Group, LLC
List Price
$497,000
Sold Price
$530,000
Premium/Discount to List
$33,000
6.64%
Current Estimated Value
$618,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,357
Avg. Annual Appreciation
1.90%
Original Mortgage
$280,000
Outstanding Balance
$144,395
Interest Rate
3.23%
Mortgage Type
New Conventional
Estimated Equity
$473,962

Purchase Details

Closed on
Feb 1, 2013
Sold by
Garritson Rodney N and Raymond Donnald C
Bought by
Roth John D

Purchase Details

Closed on
Feb 25, 2011
Sold by
Wells Fargo Bank N A
Bought by
Garritson Rodney N and Raymond Donnald C

Purchase Details

Closed on
Dec 22, 2010
Sold by
Melin Michael J and Nesbitt Esther M
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Oct 22, 2001
Sold by
D R Horton Inc Portland
Bought by
Melin Michael J and Nesbitt Esther M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
5.87%
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
Marks Jeffrey S $530,000 Old Republic Title
Roth John D $342,076 Ticor Title
Garritson Rodney N $301,000 First American
Wells Fargo Bank N A $251,000 None Available
Melin Michael J $268,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marks Jeffrey S $280,000
Previous Owner Roth John D $130,000
Previous Owner Melin Mike $195,000
Previous Owner Melin Michael J $112,500
Previous Owner Melin Michael J $216,800
Closed Melin Michael J $40,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $737,250 +5.5% $477 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $699,000 +31.9% $452 / Sq Ft
06/06/2017 06/06/17 Sold $530,000 +6.6% $343 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $497,000 -- $321 / 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 $9,961 $361,450 $0 $361,450
2022 $8,665 $324,930 $0 $0
2021 $7,725 $315,470 $0 $0
2020 $6,750 $306,290 $0 $0
2019 $7,537 $297,370 $0 $0
2018 $7,315 $288,710 $0 $0
2017 $6,984 $280,310 $0 $0
2016 $6,181 $272,150 $0 $0
2015 $5,688 $264,230 $0 $0
2014 $5,121 $256,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22484259

Regional Multiple Listing Service (RMLS)

APN: R500064