$995,000
OPEN SUN 12PM - 2PM

525 SE Marion St Unit 2 Portland, OR 97202

Sellwood Neighborhood

Estimated payment $7,994/month

3 Beds
3 Baths
1,976 Sq Ft
$504 Price per Sq Ft

Highlights

  • Gated Community
  • River View
  • Private Lot
  • Duniway Elementary School Rated 9+
  • Built-In Refrigerator
  • Engineered Wood Flooring

About This Home

Custom one-level condominium w/studs-in remodel in 2021, in one of Portland’s most sought-after neighborhoods offering front-row views of the Willamette River. This Sellwood home w/double balconies overlooks the Waverly Marina & exudes quality & peaceful livability. Enjoy the open concept living space with views of the river & covered balcony + a gourmet kitchen replete with high-end finishes. Cabinetry & hardware, built to order & installed by Portland Millworks, are the foundation to the many amenities that will delight including a Subzero refrigerator, 5-burner Wolf gas range & wine cooler. The balcony has a powered screen letting the outside in. Sit back & enjoy an evening with friends or catch a private moment watching the peaceful river. This great-room area can accommodate day to day life or special guests, celebrations & occasions with ease. Down the hall, the primary suite awaits! From the generous custom closet dressers & shelving to the sleek engineered hardwood flooring, modern 3-panel doors, 6 inch baseboards & timeless accent wall, all combine to create a serene escape. The private balcony overlooking the marina is a perfect perch morning or night. Two additional well portioned bedrooms & two beautiful bathrooms finish out the living space but no detail has been overlooked! Professional designer touches from tile, slab, lighting & hardware have created a welcoming home. Well designed storage, closet organizers, calm color palette exudes a gentle air of relaxation throughout. Safety & security are the hallmarks of this upscale condominium community, w/gated courtyard, secure storage, two dedicated owner parking spaces, ample guest parking w/high accessability. The Sellwood community is delightful to explore w/many paved paths, eclectic restaurants, food carts, shops, and parks. Ask your realtor for the complete list of updates and amenities. Offering the ultimate in lock & go living, come view this amazing property for yourself.

Listing Agent

Claire Widmark-Wright

Premiere Property Group, LLC License #200706327 Listed on: 05/28/2025

Premiere Property Group, LLC

Co-Listing Agent

MARK WRIGHT

Premiere Property Group, LLC License #201220221

Open House Schedule

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,364

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • River Front
  • 1 Common Wall
  • Gentle Sloping Lot

HOA Fees

  • $1,478 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Appliances in Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Secured Garage or Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Natural Light
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • River Views

Kitchen

  • Free-Standing Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Built-In Bathroom Cabinets

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Lights
  • Security Gate

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors
  • Level Entry For Accessibility
  • Accessible Entrance
  • Minimal Steps

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Covered patio or porch
  • Shed

Schools

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

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R498366

Community Details

Overview

  • 24 Units
  • Waverly Landing Condominiums Association, Phone Number (503) 445-1238
  • On-Site Maintenance

Amenities

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

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,364

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$1,478 per month

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2000
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Condominium
  • Architectural Style: CommonWall
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 24
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: Yes
  • Room 11 Features: ApplianceGarage,BuiltinFeatures,BuiltinRefrigerator,Dishwasher,Disposal,EatBar,Island,Microwave,Pantry
  • Room 12 Features: Balcony,CeilingFan
  • Room 13 Features: Balcony,BuiltinFeatures,CeilingFan,ClosetOrganizer,FrenchDoors
  • Room 8 Features: ClosetOrganizer
  • Room 9 Features: BuiltinFeatures
  • CondominiumTotalLevels: 4
  • Unit Floor Number: 1
  • Special Features: 4097

Interior Features

  • Accessibility Features: AccessibleDoors, AccessibleElevatorInstalled, AccessibleEntrance, AccessibleFullBath, AccessibleHallway, BathroomCabinets, MainFloorBedroomBath, MinimalSteps, NaturalLighting, OneLevel
  • Total Bathrooms: 3.0
  • Interior Amenities: EngineeredHardwood, GarageDoorOpener, Laundry, Quartz, TileFloor, WasherDryer
  • Basement: None
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: ApplianceGarage, BuiltinRefrigerator, Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRange, Island, Microwave, Pantry, PlumbedForIceMaker, Quartz, RangeHood, StainlessSteelAppliance, WineCooler
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 4
  • Main Level Full Bathrooms: 3
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 3.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 156
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 143
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 117
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredPatio, GasHookup, SecurityLights, ToolShed
  • Waterfront: Yes
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Commons, GentleSloping, Private
  • Road Surface Type: Paved
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: River

Garage/Parking

  • Garage Type: Shared
  • Parking Description: Covered, Secured
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0
  • CondominiumGarageType: Undeeded
  • CondominiumParkingSpaceNo: 3
  • CondominiumParkingSpaceNo2: 4
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: FiberOptics
  • Security: FireSprinklerSystem, SecurityGate, SecurityLights
  • Cooling: CentralAir, HeatPump
  • Cooling Y N: Yes
  • Heating: ENERGYSTARQualifiedEquipment, ForcedAir95Plus, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: AllLandscaping, Commons, ExteriorMaintenance, Gated, Insurance, Management, Sewer, Water
  • Senior Community: No
  • Association Fee: 1478.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Carra Pewsey
  • CondominiumAssociationEmail: carrap@communitymgt.com
  • CondominiumAssociationName: Waverly Landing Condominiums
  • CondominiumAssociationPhone: 503-445-1238
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: R498366

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 11364.37
  • Tax Opportunity Zone: No

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,928 $412,380 $0 $412,380
2022 $10,691 $400,370 $0 $0
2021 $10,510 $388,710 $0 $0
2020 $9,641 $377,390 $0 $0
2019 $9,287 $366,400 $0 $0
2018 $9,014 $355,730 $0 $0
2017 $8,639 $345,370 $0 $0
2016 $7,906 $335,320 $0 $0
2015 $7,699 $325,560 $0 $0
2014 $7,582 $316,080 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $995,000 +28.4% $504 / Sq Ft
05/28/2021 05/28/21 Sold $774,770 -3.0% $397 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $799,000 -- $409 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $774,770 Fidelity National Title Of O
Warranty Deed $235,000 Chicago Title Insurance Co
Warranty Deed $377,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $209,900 Unknown
Previous Owner $516,450 Unknown
Previous Owner $530,500 Unknown
Previous Owner $72,000 Credit Line Revolving
Previous Owner $188,000 No Value Available
Previous Owner $302,000 No Value Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 693438674

Regional Multiple Listing Service (RMLS)

APN: R498366