NOT LISTED FOR SALE

Estimated Value: $496,486 - $536,000

3 Beds
2 Baths
2,139 Sq Ft
1,307 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $493,750 $231 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,276/month

61 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Wood Frame Window
  • U.S. Grant High School Rated A
  • Quartz Countertops
  • Attached Garage

About This Home

As of January 2022

Discover this newly built Fully Furnished townhome designed for effortless living and modern comfort. Boasting high-end finishes and a thoughtfully curated interior, this home is a perfect blend of style and functionality. Whether you're exploring Portland's vibrant dining scene, indulging in shopping, or enjoying nearby attractions, this location offers unbeatable convenience.

With a Walker Score of 84, you'll love being steps away from local restaurants, cafes, and shops. Commuters will appreciate the Transit Score of 68, and cycling enthusiasts will enjoy the Biking Score of 87 for quick access to trails and city streets.

Inside, the chef's kitchen with luxurious appliances is perfect for entertaining or savoring a quiet night in. Every detail of this home has been designed to elevate your stay, making it more than just a place to live it's a Portland experience.

Please note: Management does not live on-site, ensuring privacy and independence during your stay.

Lease Availability: This lease is available immediately and runs through May 31, 2025.

Lease Term Options:
Minimum term: 1 month.
Maximum term: 7 months, month-to-month, or a combination thereof.
Utilities: All utilities are covered by the owner, capped at $600 per month.

Move-In Requirements:
Last month's rent is due at lease signing.

Smoking Policy: No smoking is permitted anywhere on the premises.
Pet Policy: No pets allowed.
Maintenance Responsibilities: Tenants to promptly notify management of any maintenance issues.

Last Agent to Sell the Property

Nick Eckelman

LUXE Forbes Global Properties License #201212715 Listed on: 09/22/2021

Last Buyer's Agent

Dane Gilman

eXp Realty, LLC License #201241347

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,431

Year Built

  • Built in 2021

Lot Details

  • 1,307

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 4-Story Property
  • Double Pane Windows
  • Wood Frame Window
  • Quartz Countertops
  • Property Views

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,431

Year Built

Built in 2021

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Attached
  • Style: Contemporary, Live Work Unit
  • Sq Ft Calculated: 1109
  • Sq Ft Approximate Total: 2139
  • Stories: 4
  • Year Built: 2021
  • Property Condition: New Construction
  • Remarks Public: Elevate your work from home situation at The Flats on 56th where your ground floor workspace is free from the distractions & interruptions of a home office. These 4 recently completed custom loft-style townhomes located close to restaurants & shopping with easy freeway access have designer features & finishes including Bertazzoni ranges & Bosch dishwashers. Contemporary layout includes a professional work space with separate entry just steps from the comforts of your 2 bed + loft home.
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: No
  • New Construction C C B Type: Residential/Commercial
  • New Construction Certificate Occupancy Obtained: No
  • Title Insurance Paid By: Buyer
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: TO FOLLOW
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 1.1
  • Interior Amenities: Tile Floor, Wood Floors, 4th Floor, Quartz
  • Kitchen Appliances: Microwave, Built-in Range, Dishwasher, Free-Standing Refrigerator
  • Legal Description: PROVIDENCE TOWNHOMES, LOT 1
  • Sq Ft Lower Level: 501
  • Sq Ft Main Level: 580
  • Upper Level Sq Ft: 529
  • Bedrooms: 3
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement: None
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 2
  • Bathrooms Upper Level Full: 1
  • Window Features: Wood Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Brick, Cement Siding
  • Exterior Features: Deck
  • Lot Size: 0-2,999SF
  • Roof Type: Composition
  • View: City
  • Foundation Details: Slab
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Air Conditioning Ready
  • Heating Description: Forced Air - 95+%
  • Internet Service Type: Cable, Satellite

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Laurelhurst
  • Middle School: Laurelhurst
  • High School: Grant

Lot Info

  • Acres: 0.03
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 8000.00
  • Assessor Parcel Number: R704132
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Laurelhurst
  • High School: Grant
  • Middle School: Laurelhurst

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Jan 13, 2022
Sold by
Reilly Signature Homes Llc
Bought by
Baron Property Investments Llc
Seller's Agent
Nick Eckelman
LUXE Forbes Global Properties
Buyer's Agent
Dane Gilman
eXp Realty, LLC
List Price
$724,900
Sold Price
$493,750
Premium/Discount to List
-$231,150
-31.89%
Current Estimated Value
$500,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,742
Avg. Annual Appreciation
1.88%
Original Mortgage
$395,000
Interest Rate
3.05%
Mortgage Type
New Conventional
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
Baron Property Investments Llc $493,750 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baron Property Investments Llc $431,250
Closed Baron Property Investments Llc $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Off Market $3,800 -- --
02/10/2025 02/10/25 Off Market -- -- --
01/11/2025 01/11/25 For Rent -- -- --
01/11/2025 01/11/25 For Rent $3,800 0.0% --
01/02/2025 01/02/25 For Rent $3,800 0.0% --
12/29/2024 12/29/24 Off Market $3,800 -- --
11/25/2024 11/25/24 For Rent $3,800 0.0% --
01/14/2022 01/14/22 Sold $493,750 -19.1% $231 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $610,000 -2.4% $285 / Sq Ft
11/04/2021 11/04/21 Price Changed $625,000 -3.8% $292 / Sq Ft
10/19/2021 10/19/21 Price Changed $649,900 -7.1% $304 / Sq Ft
10/06/2021 10/06/21 Price Changed $699,900 -3.4% $327 / Sq Ft
09/22/2021 09/22/21 For Sale $724,900 -- $339 / 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 $6,431 $242,700 $0 $0
2022 $7,375 $235,630 $0 $0
2021 $4,354 $161,059 $0 $0
2020 $509 $19,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21298636

Regional Multiple Listing Service (RMLS)

APN: R704132