NOT LISTED FOR SALE

Estimated Value: $397,000 - $496,868

3 Beds
2 Baths
2,062 Sq Ft
$1,118/mo HOA Fee

Last Sold August 28, 2023

Last sale price $420,000 $204 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,335/month

78 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Ainsworth Elementary School Rated A-
  • City View
  • 1-minute walk to Portland Center City Park

About This Home

As of August 2023

Nestled in the trees with views of Mt. Hood, South Waterfront, SW Hills, & Downtown, this 3 bedroom 2 bath condo is on the 6th floor of Madison Tower. This is a large unit with a lot of flex space - 3rd bedroom being used as an office. Updates include stainless appliances and quartz countertops in kitchen, ductless heat pumps in every room, newer carpeting throughout condo. Two balconies, deeded parking, tons of in-unit storage & extra large storage unit in basement. Unparalleled HOA amenities include concierge, gym, outdoor pool, indoor pool, hot-tub, sauna, gym, visitor parking.

Last Agent to Sell the Property

Stuart Stevens

Realty Portland License #201205015 Listed on: 05/17/2023

Last Buyer's Agent

Wesley Johnson

eXp Realty, LLC License #201211550

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,536

Year Built

  • Built in 1980

Lot Details

  • 0.95

HOA Fees

  • $1,118 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wall to Wall Carpet

Kitchen

  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Deck

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R105570

Community Details

Overview

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

Amenities

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

Recreation

  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,536

Year Built

Built in 1980

Lot Details

0

HOA Fees

$1,118 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • 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: 6
  • CondominiumUnitsInComplex: 337
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: BuiltinFeatures,Microwave
  • Room 12 Features: Balcony,Fireplace
  • Room 13 Features: Balcony
  • Room 9 Features: Balcony
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: Laundry, WalltoWallCarpet
  • Appliances: Dishwasher, FreeStandingRefrigerator, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • 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
  • Bedroom 7 Area: 182
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 110
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 238
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Other
  • Exterior Features: CoveredDeck
  • View: Yes
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: City

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: 32
  • CondominiumParkingTax: 208.00

Utilities

  • Fuel Description: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, Concierge, ExteriorMaintenance, Gym, Insurance, Management, MeetingRoom, Pool, Sauna, Sewer, SpaHotTub, Trash
  • Senior Community: No
  • Association Fee: 1118.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Scott Ray
  • CondominiumAssociationEmail: sray@coastmgt.com
  • CondominiumAssociationName: APTCA
  • CondominiumAssociationPhone: 971-888-4103
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Farm: No
  • Parcel #: R105570

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 8535.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 24, 2023
Sold by
Sudarma Martin and Sudarma Lily S
Bought by
Ridgeway Michel and Ridgeway Debra Cipriani
Seller's Agent
Stuart Stevens
Realty Portland
Buyer's Agent
Wesley Johnson
eXp Realty, LLC
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Total Days on Market
78
Views
73
Current Estimated Value
$443,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,967
Avg. Annual Appreciation
3.13%

Purchase Details

Closed on
Dec 3, 2014
Sold by
Random Properties Acquisition Corp Ii
Bought by
Sudarma Lily S and Sudarma Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2014
Sold by
Nicoletti Vincent P and Nicoletti Leone R
Bought by
Random Properties Acquisition Corp Iii

Purchase Details

Closed on
Apr 10, 2006
Sold by
Nicoletti Vincent P and Nicoletti Leone R
Bought by
Nicoletti Vincent P and Nicoletti Leone R

Purchase Details

Closed on
Apr 22, 2005
Sold by
Nicoletti Vincent P and Nicoletti Leone R
Bought by
Nicoletti Vincent P and Nicoletti Leone R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Nicoletti Vincent P and Nicoletti Leone R
Bought by
Nicoletti Vincent P and Nicoletti Leone R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
5.73%
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 Buyer Sale Price Title Company
Ridgeway Michel $420,000 Fidelity National Title
Sudarma Lily S -- --
Random Properties Acquisition Corp Iii $370,000 Nextitle
Nicoletti Vincent P -- None Available
Nicoletti Vincent P -- Lawyers Title Ins
Nicoletti Vincent P -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sudarma Martin $145,000
Previous Owner Sudarma Lily S $288,000
Previous Owner Nicoletti Vincent P $656,500
Previous Owner Nicoletti Vincent P $172,000
Previous Owner Nicoletti Vincent P $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2023 08/28/23 Sold $420,000 -2.1% $204 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $429,000 -- $208 / 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 $8,838 $419,430 $0 $419,430
2022 $8,536 $407,220 $0 $0
2021 $8,574 $395,360 $0 $0
2020 $8,614 $383,850 $0 $0
2019 $8,869 $372,670 $0 $0
2018 $8,900 $361,820 $0 $0
2017 $8,778 $351,290 $0 $0
2016 $7,971 $341,060 $0 $0
2015 $7,455 $331,130 $0 $0
2014 $6,751 $321,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23695221

Regional Multiple Listing Service (RMLS)

APN: R105570