NOT LISTED FOR SALE

525 SE Marion St Unit 11 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $714,000 - $749,000

3 Beds
3 Baths
1,980 Sq Ft
$727/mo HOA Fee

Last Sold November 30, 2022

Last sale price $723,500 $365 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,631/month

2 Days on Market

Highlights

  • Gated Community
  • River View
  • Main Floor Primary Bedroom
  • Duniway Elementary School Rated 9+
  • Engineered Wood Flooring
  • High Ceiling

About This Home

As of November 2022

Come home to tranquil waterfront living at sought after Waverly Landing. Enjoy a well appointed 3bed/3ba unit w/panoramic water, marina, territory views & the XMAS ships from 2 covr'd decks. Updates: heat sensor auto sun shades, engr'd bamboo flrs, Bosch appls, pull out shelves in Kit, gorgeous CA Closets, new ht pump/cooling. Unit has abundant storage. Feels like miles from the hustle & bustle while just a short walk to parks, walking paths, shopping & Sellwood eateries. OH 10/15&16 11-1

Last Agent to Sell the Property

Joylene Swanberg

Windermere Realty Trust License #201208920 Listed on: 10/14/2022

Windermere Realty Trust

Last Buyer's Agent

Mari Connolly

Windermere Realty Trust License #910500179

Windermere Realty Trust

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,748

Year Built

  • Built in 2000

Lot Details

  • River Front
  • 1 Common Wall
  • Gated Home
  • Sprinkler System

HOA Fees

  • $727 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Property Views

  • River
  • Woods

Home Design

  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • First Floor Utility Room

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops

Flooring

  • Engineered Wood
  • Bamboo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Smart Lights or Controls
  • Security Lights
  • Security Gate

Accessible Home Design

  • Accessibility Features
  • Accessible Doors
  • Accessible Entrance
  • Accessible Parking

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number R498375

Community Details

Overview

  • 24 Units
  • Bridge City Community Mngmnt Association, Phone Number (503) 654-0118
  • Waverly Landing Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Elevator
  • Community Storage Space

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,748

Year Built

Built in 2000

Lot Details

0

HOA Fees

$727 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2000
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories2, CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 24
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • PublicRemarksCondominium: Great HOA in a very well maintained building. No pending litigation or additional assessments at this time. Electric car charging added in garage for minimal fee with use.
  • Room 11 Features: Dishwasher,EatBar,Microwave
  • Room 12 Features: Balcony,CeilingFan,Fireplace,FrenchDoors
  • Room 13 Features: Balcony,Bathroom
  • Room 7 Features: ClosetOrganizer
  • Room 8 Features: CeilingFan
  • Room 9 Features: Balcony,FrenchDoors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleDoors, AccessibleEntrance, MainFloorBedroomBath, Parking, UtilityRoomOnMain
  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: BambooFloor, CeilingFan, EngineeredHardwood, Granite, HighCeilings, Laundry, SmartLight, Sprinkler, WasherDryer
  • Room 4 Description: Den
  • Room 4 Features: BuiltinFeatures
  • Room 4 Level: Lower
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, FreeStandingGasRange, FreeStandingRefrigerator, Granite, Microwave, PlumbedForIceMaker, StainlessSteelAppliance, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 2.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredPatio
  • Waterfront: Yes
  • View: Yes
  • Lot Features: Commons, Gated
  • Road Surface Type: Paved
  • Water Body Name: Willamette River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: River,TreesWoods

Garage/Parking

  • Garage Type: Shared
  • Parking Description: Deeded, Secured
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: 19
  • CondominiumParkingSpaceNo2: 20

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: Wireless
  • Security: Entry, FireSprinklerSystem, 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: MainLevel
  • Association Amenities: Commons, ExteriorMaintenance, Gated, MaintenanceGrounds, RoadMaintenance, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 727.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: James Vemillion
  • CondominiumAssociationEmail: james.v@brigdecitycm.com
  • CondominiumAssociationName: Bridge City Community Mngmnt
  • CondominiumAssociationPhone: 503-654-0118
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Parcel #: R498375

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 10748.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 16, 2022
Sold by
Ingersoll Robert
Bought by
Williams Judith C
Seller's Agent
Joylene Swanberg
Windermere Realty Trust
Buyer's Agent
Mari Connolly
Windermere Realty Trust
List Price
$735,000
Sold Price
$723,500
Premium/Discount to List
-$11,500
-1.56%
Views
9
Current Estimated Value
$734,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,547
Avg. Annual Appreciation
0.51%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Groshong Bonny J
Bought by
Ingersoll Robert and Steinbrugge Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Crenshaw Josephine D
Bought by
Groshong Bonny J

Purchase Details

Closed on
Nov 20, 2001
Sold by
Reingold Jeffrey A and Reingold Francine
Bought by
Crenshaw Josephine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

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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
Williams Judith C $723,500 --
Ingersoll Robert $510,000 First American
Groshong Bonny J $365,000 Lawyers Title Ins
Crenshaw Josephine D $315,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ingersoll Robert $382,500
Previous Owner Crenshaw Josephine D $252,000
Closed Crenshaw Josephine D $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $723,500 -1.6% $365 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $735,000 -- $371 / 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 $11,965 $448,320 -- $448,320
2023 $10,502 $435,270 $0 $435,270
2022 $11,284 $422,600 $0 $0
2021 $10,748 $410,300 $0 $0
2020 $9,296 $398,350 $0 $0
2019 $9,803 $386,750 $0 $0
2018 $8,471 $375,490 $0 $0
2017 $9,119 $364,560 $0 $0
2016 $8,345 $353,950 $0 $0
2015 $7,872 $343,650 $0 $0
2014 $7,082 $333,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22007491

Regional Multiple Listing Service (RMLS)

APN: R498375