NOT LISTED FOR SALE

Madison Tower 2309 SW 1st Ave Unit 1245 Portland, OR 97201

Downtown Portland Neighborhood

Estimated Value: $433,000 - $485,900

3 Beds
2 Baths
2,062 Sq Ft
$1,327/mo HOA Fee

Last Sold April 19, 2024

Last sale price $418,300 $203 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,866/month

13 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Sauna
  • Ainsworth Elementary School Rated A-
  • In Ground Pool
  • 1-minute walk to Portland Center City Park

About This Home

As of April 2024

If you are looking for fabulous views this 12th Floor end unit with a super light and open floor plan is for you. Gorgeous panoramic views of Mt. Hood, the Willamette River and South Waterfront to the east and West hills and city lights to the west. This unit comes with 2 parking spaces. Huge living room with gas fireplace opens to large east facing view balcony. Cook in your large kitchen looking directly at Mt. Hood. Primary suite with balcony, walk-in closet and bath with double sinks.2 guest bedrooms and guest bath. Unparalleled HOA amenities that include the updated Sivers center with new salt water indoor pool and jacuzzi, new men and women's locker rooms and updated community room. Other amenities include outdoor pool, 2 community rooms w/ kitchens leading to patios and pools great for entertaining, weight & workout rooms, 3 saunas. Lovely grounds and community park. 53 guest parking spaces, unheard of downtown. 24 hour concierge. On Max line and bus line. Street car one block north. Close to OHSU, Portland state, Walk the Halprin Park Sequence to the Downtown Cultural center or RiverPlace Esplanade shops and restaurants. Pet friendly and no rental cap.

Last Agent to Sell the Property

Kristin Gillis

Premiere Property Group, LLC License #900700151 Listed on: 03/12/2024

Premiere Property Group, LLC

Last Buyer's Agent

Dana McKillop

Windermere Realty Trust License #920700018

Windermere Realty Trust

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Sprinkler System
  • Landscaped with Trees
  • Raised Garden Beds

HOA Fees

  • $1,327 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Off-Street Parking
  • Deeded Parking

Property Views

  • River
  • Mountain

Home Design

  • Contemporary Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Sauna
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Range
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Intercom Access
  • Security Lights
  • Security Gate

Accessible Home Design

  • Handicap Accessible
  • Accessibility Features
  • Accessible Doors
  • Accessible Approach with Ramp
  • Level Entry For Accessibility
  • Minimal Steps
  • Accessible Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Deck
  • Patio

Location

  • Upper Level
  • Property is near Portland Streetcar
  • Property is near a bus stop

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Heat Pump System
  • Mini Split Heat Pump
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R105600

Community Details

Overview

  • 337 Units
  • Aptca Association, Phone Number (971) 888-4103
  • South Downtown Subdivision
  • On-Site Maintenance

Amenities

  • Concierge
  • Courtyard
  • Community Deck or Porch
  • Common Area
  • Meeting Room
  • Party Room
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Security

  • Resident Manager or Management On Site
  • Storm Windows

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,327 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: Yes
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 12
  • CondominiumUnitsInComplex: 337
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: Yes
  • Open House: No
  • Room 11 Features: BuiltinRefrigerator,Dishwasher,Disposal,Microwave
  • Room 12 Features: Balcony,Fireplace,SlidingDoors
  • Room 13 Features: Balcony,SlidingDoors
  • Room 9 Features: Balcony,KitchenDiningRoomCombo,SlidingDoors
  • CondominiumTotalLevels: 22
  • Unit Floor Number: 12
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleApproachwithRamp, AccessibleDoors, GarageonMain, MainFloorBedroomBath, MinimalSteps, OneLevel, Parking, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, Granite, HighSpeedInternet, HookupAvailable, Laundry, SlateFlooring, WoodFloors
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: FullBasement
  • Window Features: AluminumFrames, DoublePaneWindows, StormWindow
  • Appliances: BuiltinRange, BuiltinRefrigerator, Cooktop, Dishwasher, Disposal, Granite, Microwave, PlumbedForIceMaker
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 22
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Other
  • Exterior Features: BuiltinHotTub, CoveredDeck, Deck, InGroundPool, Patio, RaisedBeds, Sauna, SecurityLights, Sprinkler
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Commons, Level, LightRail, OnBusline, StreetCar, Trees
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Other
  • View: City,Mountain,River

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingTandemYN: No
  • CondominiumParkingTax: 344.32
  • CondominiumParkingTax2: 344.32

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: HandicapAccess, IntercomEntry, SecurityGate, SecurityLights
  • Cooling: HeatPump, MiniSplit
  • Cooling Y N: Yes
  • Heating: Ductless, HeatPump, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: CableTV, Commons, Concierge, ExteriorMaintenance, Insurance, Internet, MaintenanceGrounds, Management, MeetingRoom, PartyRoom, Pool, Sauna, Sewer, SpaHotTub, Trash, Water, WeightRoom
  • Senior Community: No
  • Association Fee: 1327.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Christine Erikson
  • CondominiumAssociationEmail: christine.erickson@coastmgt.com
  • CondominiumAssociationName: APTCA
  • CondominiumAssociationPhone: 971-888-4103
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: R105600
  • Assessor Parcel Number 2: R105694
  • Assessor Parcel Number 3: R105249

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 11342.28
  • Tax Opportunity Zone: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 18, 2024
Sold by
Mcdonald Family Trust and Mcdonald Jarl
Bought by
Phillipson Thomas and Jorgenson Britt
Seller's Agent
Kristin Gillis
Premiere Property Group, LLC
Buyer's Agent
Dana McKillop
Windermere Realty Trust
List Price
$449,000
Sold Price
$418,300
Premium/Discount to List
-$30,700
-6.84%
Views
100
Current Estimated Value
$460,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,925
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Oct 23, 2007
Sold by
Mcdonald Roger and Mcdonald Pearl
Bought by
Mcdonald Roger K and Mcdonald Pearl B

Purchase Details

Closed on
Sep 10, 2004
Sold by
Yoelin Merritt S
Bought by
Mcdonald Roger and Mcdonald Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1999
Sold by
Fell James F and Fell Betty W
Bought by
Yoelin Merritt S and Yoelin Davita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.87%
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
Phillipson Thomas $418,300 First American Title
Mcdonald Roger K -- None Available
Mcdonald Roger $405,000 Fidelity Natl Title Co Of Or
Yoelin Merritt S $370,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Roger $324,000
Previous Owner Yoelin Merritt S $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $418,300 -6.8% $203 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $449,000 -- $218 / 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 $12,432 $400,000 -- $400,000
2023 $11,342 $511,880 $0 $511,880
2022 $10,957 $496,980 $0 $0
2021 $11,010 $482,510 $0 $0
2020 $11,084 $468,460 $0 $0
2019 $11,406 $454,820 $0 $0
2018 $11,178 $441,580 $0 $0
2017 $10,713 $428,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristin Gillis

    Seller's Agent in 2024

    Kristin Gillis

    Premiere Property Group, LLC

    (503) 516-7965

    43 in this area

    58 Total Sales

    Kristin Gillis
    Section Image
  • Dana McKillop

    Buyer's Agent in 2024

    Dana McKillop

    Windermere Realty Trust

    (503) 348-1808

    1 in this area

    51 Total Sales

    Dana McKillop
    Section Image
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About Madison Tower

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24060251

Regional Multiple Listing Service (RMLS)

APN: R105600

Oregon Multnomah County Portland 97201 Downtown Portland

2309 SW 1st Ave Unit 1245, Portland, OR

This home is located at 2309 SW 1st Ave Unit 1245, Portland, OR 97201 since 12 March 2024 and is currently estimated at $460,225, approximately $223 per square foot. This property was built in 1980. 2309 SW 1st Ave Unit 1245 is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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