NOT LISTED FOR SALE

Estimated Value: $201,000 - $245,000

1 Bed
1 Bath
704 Sq Ft
$498/mo HOA Fee

Last Sold July 10, 2023

Last sale price $249,900 $355 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,085/month

7 Days on Market

Highlights

  • City View
  • 2-minute walk to Union Station/Nw 5Th & Glisan
  • Wood Flooring
  • West Sylvan Middle School Rated A-
  • Private Lot
  • High Ceiling

About This Home

As of July 2023

This fantastic loft is located in the coveted Old Town Lofts building. Located on the 6th floor, this unit has its own private covered patio attached to the unit as well as access to the common courtyard on the 3rd floor. This home also offers direct access through the secured parking garage deeded #12 and deeded storage #19. All kitchen appliances, washer/dryer, decorative island and wardrobe closet stay with the home. Close proximity to Union Station, Waterfront Park, restaurants, MAX Station bus line, light rail, shopping, the Pearl District & so much more!! Fantastic high ceilings, hardwood floors, double pane windows and tons of natural light. This is an incredible value at this price. No rental cap.

Last Agent to Sell the Property

Steve White

RE/MAX Equity Group License #940200043 Listed on: 06/01/2023

RE/MAX Equity Group

Last Buyer's Agent

Ernest Cooper

Cooper Realty LLC License #990700153

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,803

Year Built

  • Built in 2001

Lot Details

  • 44

HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Deeded Parking
  • Controlled Entrance

Property Views

  • Territorial

Home Design

  • Studio
  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom Access
  • Security Lights
  • Security Gate
  • Intercom

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Accessible Doors
  • Level Entry For Accessibility
  • Accessible Entrance
  • Accessible Parking

Location

  • Upper Level
  • Property is near a bus stop

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Available
  • Gas Water Heater
  • Municipal Trash

Additional Features

  • Covered Patio or Porch
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number R517741

Community Details

Overview

  • Old Town Lofts Association, Phone Number (503) 445-1130
  • Old Town Lofts Subdivision
  • On-Site Maintenance

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,803

Year Built

Built in 2001

Lot Details

0

HOA Fees

$498 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2001
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Loft, Studio
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksCondominium: Deeded parking spot #12. Storage #19. No rental cap. The complex is not FHA approved.
  • Room 11 Features: BuiltinRange,Dishwasher,Disposal,HardwoodFloors,Microwave
  • Room 12 Features: Balcony,HardwoodFloors
  • Room 13 Features: BuiltinFeatures,HardwoodFloors
  • Room 9 Features: HardwoodFloors
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleDoors, AccessibleElevatorInstalled, AccessibleEntrance, OneLevel, Parking
  • Total Bathrooms: 1.0
  • Interior Amenities: Elevator, GarageDoorOpener, HardwoodFloors, HighCeilings, Intercom, Laundry, WasherDryer
  • Room 4 Description: Entry
  • Room 4 Features: HardwoodFloors
  • Room 4 Level: Main
  • Appliances: BuiltinRange, Dishwasher, Disposal, FreeStandingRefrigerator, Island, Microwave
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,Other
  • Exterior Features: CoveredPatio, Patio, SecurityLights
  • View: Yes
  • Lot Features: CornerLot, LightRail, OnBusline, Private
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Flat
  • View: City,Territorial

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: Entry, IntercomEntry, SecurityGate, SecurityLights
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gas, Insurance, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association #2 Fee: 11.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 487.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: COMMUNITY MANAGEMENT, INC
  • CondominiumAssociationEmail: SYDNEYC@COMMUNITYMGT.COM & JEFFS@COMMUNITYMGT.COM
  • CondominiumAssociationName: OLD TOWN LOFTS
  • CondominiumAssociationPhone: 503-445-1130
  • CondominiumAssociationURL: WWW.COMMUNITYMGT.COM
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Zoning: CX
  • Lot Size: LEVEL - SECURED GATE
  • Parcel #: R517741

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4803.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2023
Sold by
Cunningham Peter S and Meadors Damon W
Bought by
Peter S Cunningham Revocable Trust and Damon W Meadors Revocable Trust
Current Estimated Value
$232,863

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 6, 2023
Sold by
Binam Laura
Bought by
Cunningham Peter S and Meadors Damon W
Seller's Agent
Steve White
RE/MAX Equity Group
Buyer's Agent
Ernest Cooper
Cooper Realty LLC
List Price
$249,900
Sold Price
$249,900
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.06%
Original Mortgage
$237,405
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2018
Sold by
Rivkin Vladimir
Bought by
Binam Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,829
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2006
Sold by
Stringer Megan L
Bought by
Rivkin Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Peter S Cunningham Revocable Trust -- None Listed On Document
Cunningham Peter S $249,900 Fidelity National Title Compan
Binam Laura $279,900 Fidelity National Title
Rivkin Vladimir $268,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cunningham Peter S $237,405
Previous Owner Binam Laura $274,829
Previous Owner Rivkin Vladimir $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2023 07/10/23 Sold $249,900 0.0% $355 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $249,900 -10.7% $355 / Sq Ft
06/29/2018 06/29/18 Sold $279,900 -6.7% $410 / Sq Ft View Prior Sale
05/25/2018 05/25/18 Pending -- -- --
07/20/2017 07/20/17 For Sale $299,999 -- $440 / 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 $4,384 $231,190 -- $231,190
2023 $4,384 $216,160 $0 $216,160
2022 $4,803 $228,370 $0 $0
2021 $4,825 $221,720 $0 $0
2020 $4,073 $215,270 $0 $0
2019 $4,860 $209,000 $0 $0
2018 $4,932 $202,920 $0 $0
2017 $4,833 $197,010 $0 $0
2016 $4,099 $191,280 $0 $0
2015 $3,819 $185,710 $0 $0
2014 $3,501 $180,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23429468

Regional Multiple Listing Service (RMLS)

APN: R517741