NOT LISTED FOR SALE

525 SE Marion St Unit 19 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $748,000 - $799,000

3 Beds
3 Baths
1,867 Sq Ft
$799/mo HOA Fee

Last Sold October 12, 2023

Last sale price $744,000 $399 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,905/month

4 Days on Market

Highlights

  • Gated Community
  • River View
  • Private Lot
  • Duniway Elementary School Rated 9+
  • Covered Deck
  • Vaulted Ceiling

About This Home

As of October 2023

Stunning sought after Waverly Landing Condo. Enjoy the beautiful river views just blocks from all that Sellwood has to offer. Light filled main level with skylight and french doors out to one of the balconies. Three large bedrooms with potential for main level living. Master on the lower level has gorgeous master bath, walk in closet and private balcony for your morning coffee. Nice sized living room downstairs perfect for a media room or office. All appliances included! Bamboo floors throughout with tile in the beautifully updated bathrooms. Custom phantom screens on all the exterior doors. Two balconies with four storage spaces. Two deeded parking spaces and a deeded storage space. Jump on the Springwater Corridor and enjoy access to local cafes, dining, shopping and more. Steps from Waverly Marina. Just imagine watching the Christmas Ships Parade from your cozy balcony!

Last Agent to Sell the Property

Lindsey Henderson

RE/MAX Equity Group License #200504156 Listed on: 09/10/2023

RE/MAX Equity Group

Last Buyer's Agent

Lisa Owens

Corcoran Prime License #970500038

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,505

Year Built

  • Built in 2000

Lot Details

  • River Front
  • Gated Home
  • Sprinkler System

HOA Fees

  • $799 Monthly HOA Fees

Parking

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

Property Views

  • River
  • City

Home Design

  • Composition Roof

Interior Spaces

  • 1,867 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Storage Room
  • Security Gate

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Granite Countertops

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Accessible Parking

Schools

  • Duniway Elementary School
  • Sellwood Middle School
  • Cleveland High School

Utilities

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

Additional Features

  • Covered Deck
  • Flood Zone Lot

Listing and Financial Details

  • Assessor Parcel Number R498383

Community Details

Overview

  • 24 Units
  • Waverly Landing HOA, Phone Number (503) 654-0188
  • Sellwood Moreland Subdivision
  • On-Site Maintenance

Amenities

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

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,505

Year Built

Built in 2000

Lot Details

0

HOA Fees

$799 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
  • Unreinforced Masonry Building: No
  • Property Sub Type: Condominium
  • Architectural Style: Stories2
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitLevel: 4
  • CondominiumUnitsInComplex: 24
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: EatBar,GasAppliances,Microwave,Skylight
  • Room 12 Features: Balcony,Deck,Fireplace,FrenchDoors
  • Room 13 Features: Balcony,Deck,Storage,UpdatedRemodeled
  • Room 8 Features: Bathroom
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: MainFloorBedroomBath, Parking, UtilityRoomOnMain
  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: BambooFloor, Granite, HighCeilings, HighSpeedInternet, Laundry, Sprinkler, TileFloor, VaultedCeiling, WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Features: Storage
  • Room 4 Level: Main
  • Room 5 Description: Storage
  • Room 5 Features: Deck
  • Room 5 Level: Main
  • Room 6 Description: Storage
  • Room 6 Features: Deck
  • Room 6 Level: Lower
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: FreeStandingGasRange, FreeStandingRefrigerator, Granite, Microwave, PlumbedForIceMaker
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Stories: 4
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Other Room10 Area: 204
  • Additional Room 10 Level: Lower
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Lower
  • Additional Room 1 Description: Entry
  • Additional Room 1 Level: Main
  • Bedroom 7 Area: 132
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Other Room8 Area: 143
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 96
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Other
  • Exterior Features: CoveredDeck, Deck
  • Waterfront: Yes
  • View: Yes
  • Lot Features: FloodZone, Gated, Private
  • Road Surface Type: Concrete, Paved
  • Water Body Name: Willamette River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City,River

Garage/Parking

  • Garage Type: Attached,Shared
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • CondominiumGarageType: Deeded
  • CondominiumParkingSpaceNo: 33
  • CondominiumParkingSpaceNo2: 34

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: Entry, FireSprinklerSystem, SecurityGate
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, ExteriorMaintenance, Gated, MaintenanceGrounds, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 799.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: James Vermillion
  • CondominiumAssociationEmail: james.v@bridgecity.com
  • CondominiumAssociationName: Waverly Landing HOA
  • CondominiumAssociationPhone: 503-654-0188
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Farm: No
  • Zoning: CM
  • Parcel #: R498383

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 11505.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2023
Closed on
Oct 11, 2023
Sold by
Sader Nevada Trust
Bought by
Ellen S Cigan Trust and Cigan
Seller's Agent
Lindsey Henderson
RE/MAX Equity Group
Buyer's Agent
Lisa Owens
Corcoran Prime
List Price
$750,000
Sold Price
$744,000
Premium/Discount to List
-$6,000
-0.8%
Views
10
Current Estimated Value
$767,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,178
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Jan 23, 2017
Sold by
Moy Manny
Bought by
Sader Robert M and Sader Candice K

Purchase Details

Closed on
Mar 22, 2012
Sold by
Moy Manny
Bought by
Moy Manny and Manny Moy Qualified Personal Residence T

Purchase Details

Closed on
Mar 16, 2006
Sold by
Larson Jason
Bought by
Moy Manny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
5.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 23, 2004
Sold by
Suite E Llc
Bought by
Larson Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 2001
Sold by
Fouser Scott D
Bought by
Suite E Llc

Purchase Details

Closed on
Jun 18, 2001
Sold by
W L Ii Llc
Bought by
Fouser Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%
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
Ellen S Cigan Trust $744,000 Chicago Title
Sader Robert M $577,500 First American
Moy Manny -- First American
Moy Manny -- None Available
Moy Manny $485,000 Ticor Title Insurance Compan
Larson Jason $327,000 Ticor Title
Suite E Llc -- Chicago Title Insurance Co
Fouser Scott D $375,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moy Manny $340,000
Previous Owner Moy Manny $417,000
Previous Owner Moy Manny $48,500
Previous Owner Moy Manny $388,000
Previous Owner Larson Jason $400,000
Previous Owner Larson Jason $261,600
Previous Owner Fouser Scott D $300,000
Closed Larson Jason $49,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $744,000 -0.8% $399 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/10/2023 09/10/23 For Sale $750,000 -- $402 / 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 $10,429 $443,790 $0 $443,790
2022 $11,505 $430,870 $0 $0
2021 $10,668 $418,330 $0 $0
2020 $9,223 $406,150 $0 $0
2019 $9,995 $394,330 $0 $0
2018 $8,405 $382,850 $0 $0
2017 $9,297 $371,700 $0 $0
2016 $8,472 $360,880 $0 $0
2015 $7,795 $350,370 $0 $0
2014 $7,016 $340,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23483537

Regional Multiple Listing Service (RMLS)

APN: R498383