$774,770
SOLD MAY 28, 2021

525 SE Marion St Unit 2 Portland, OR 97202

Sellwood Neighborhood
3 Beds
3 Baths
1,954 Sq Ft
$730/mo HOA Fee

Recently Sold

$397 Per Sq Ft

3% Below List Price

34 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Private Lot
  • Duniway Elementary School Rated 9+
  • Covered Deck
  • Wood Flooring

About This Home

As of May 2021

Serene Sellwood waterfront, single-level living w/stunning Willamette River views! Rare 3 bd/3 ba at Waverly Landing with 2 on-river balconies! One owner, pet-friendly, ground floor, accessible, open floor plan. Mstr. w/custom closets. Gated complex w/2 large, secured parking spaces, ample storage in condo & garage. Located next to interior courtyard, adjacent to the Springwater Trail & Waverly Marina. Only 6 blocks to Sellwood restaurants, shopping, & amenities plus easy access to downtown!

Last Agent to Sell the Property

Erika Yoshida

Metro Northwest Realty License #200604189 Listed on: 03/25/2021

Last Buyer's Agent

Morgan Duran Bryan

Works Real Estate License #201237554

Works Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,364

Year Built

  • Built in 2000

Lot Details

  • Waterfront
  • Gated Home
  • Garden

HOA Fees

  • $730 per month

Parking

  • Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Sound System
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • First Floor Utility Room
  • Wood Flooring
  • Property Views

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom Access
  • Security System Owned
  • Security Lights
  • Security Gate

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp
  • Level Entry For Accessibility
  • Accessible Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Covered Deck
  • Ground Level Unit

Community Details

Security

  • Resident Manager or Management On Site
  • Gated Community

Additional Features

  • Maintained Community
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,364

Year Built

Built in 2000

Lot Details

0

HOA Fees

$730 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Common Wall, 1 Story
  • Sq Ft Calculated: 1954
  • Sq Ft Approximate Total: 1954
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2000
  • Property Condition: Resale
  • Remarks Public: Serene Sellwood waterfront, single-level living w/stunning Willamette River views! Rare 3 bd/3 ba at Waverly Landing with 2 on-river balconies! One owner, pet-friendly, ground floor, accessible, open floor plan. Mstr. w/custom closets. Gated complex w/2 large, secured parking spaces, ample storage in condo & garage. Located next to interior courtyard, adjacent to the Springwater Trail & Waverly Marina. Only 6 blocks to Sellwood restaurants, shopping, & amenities plus easy access to downtown!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: One Level, Parking, Ground Level, Main Floor Bedroom w/Bath, Utility Room On Main, Accessible Approach with Ramp
  • Additional Room Features: Washer/Dryer
  • Additional Rooms: Office, Storage, Utility Room
  • All Room Features: Balcony, Bathroom, Built-in Range, Built-in Refrigerator, Ceiling Fan(s), Dishwasher, Disposal, Fireplace, Great Room, Hardwood Floors, Pantry, Sound System, Washer/Dryer, Double Closet, Granite
  • Main Level Bathrooms: 3.0
  • Total Bathrooms: 3.0
  • Elevator: Yes
  • Floor Plan: Ground Floor, 1 Lvl
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Laundry, Sound System, Washer/Dryer, High Ceilings, Elevator, Wood Floors, Granite
  • Kitchen Appliances: Dishwasher, Disposal, Gas Appliances, Tile, Plumbed For Ice Maker, Free-Standing Range, Free-Standing Refrigerator, Granite, Stainless Steel Appliance(s)
  • Legal Description: WAVERLY LANDING CONDOMINIUMS, LOT 2
  • Sq Ft Main Level: 1954
  • Bedrooms: 3
  • Master Bedroom: Features: Balcony, Bathroom, Ceiling Fan(s), Hardwood Floors, Sound System, Double Closet,On Level: Main,Dimensions: 18x15
  • Bedroom 2: On Level: Main,Dimensions: 14x15
  • Bedroom 3: On Level: Main,Dimensions: 12x13
  • Full Bathrooms: 3
  • Dining Room: On Level: Main,Dimensions: 9x12
  • Living Room: Features: Balcony, Ceiling Fan(s), Fireplace, Great Room, Hardwood Floors, Sound System,On Level: Main,Dimensions: 16x22
  • Kitchen: Features: Built-in Range, Built-in Refrigerator, Dishwasher, Disposal, Pantry, Granite,On Level: Main,Dimensions: 13x9
  • Additional Room 1: Description: Utility Room,Features: Washer/Dryer,On Level: Main,Dimensions: 6x8
  • Additional Room 2: Description: Storage,On Level: Main,Dimensions: 9x5
  • Additional Room 3: Description: Office,On Level: Main,Dimensions: 6x16
  • Bathrooms Main Level Full: 3
  • Total Bathrooms: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Deck Available: Yes
  • Total Levels: 4
  • Total Number of Units: 24
  • Exterior Description: Cement Siding, Wood Siding
  • Exterior Features: Deck, Fenced, Garden, Security Lights, Covered Deck
  • Roof Type: Composition
  • View: River
  • Waterfront Description: River Front
  • Waterfront: Yes
  • Water Name: Willamette River
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached, Oversized
  • Parking Description: Secured, Deeded

Utilities

  • Condo Washer Dryer: Hookup Available
  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Security: Entry, Security Gate, Intercom Entry, Security System Owned

Condo/Co-op/Association

  • Condo Remarks: Hardwoods only allowed in 1st floor units. Back gate access to wooded, grass area & Springwater Trail. Rent Cap 7 (4 currently rented). Storage locker inside garage is grandfathered. Seller to complete firewall between adjacent unit prior to close.
  • Storage Available: Yes
  • HOA Fees: 730
  • Condo Association: http://bridgecitycm.com
  • Condo Association: http://Yes
  • Condo Garage Type: Attached
  • Condo Parking Space No: 2
  • Condo Parking Space No 2: 3
  • Condo Rent Cap: Yes
  • Condo Storage Unit No: 2
  • Condo Yard: Yes
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Ground Floor
  • Association Amenities: Commons, Exterior Maintenance, Trash, Management, Sewer, Water, Gated, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Private, Gated
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 9641.27
  • Assessor Parcel Number: R498366
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jul 1, 2021
Sold by
Messenger Denece R Boyer and Hannan David R
Bought by
Hannan Denece R Boyer and Hannan David R
Seller's Agent
Erika Yoshida
Metro Northwest Realty
Buyer's Agent
Morgan Duran Bryan
Works Real Estate
List Price
$799,000
Sold Price
$774,770
Premium/Discount to List
-$24,230
-3.03%
Total Days on Market
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.21%

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 26, 2021
Sold by
Samgsim Irrevocable Trust
Bought by
Messenger Denece R Boyer and Hannan David R
Seller's Agent
Erika Yoshida
Metro Northwest Realty
Buyer's Agent
Morgan Duran Bryan
Works Real Estate
List Price
$799,000
Sold Price
$774,770
Premium/Discount to List
-$24,230
-3.03%

Purchase Details

Closed on
Feb 18, 2003
Sold by
Brown Charles J and Brown Erma E
Bought by
Simon Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.85%

Purchase Details

Closed on
Apr 20, 2001
Sold by
W L Ii Llc
Bought by
Simon Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
7.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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)

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 $11,364 $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

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21357636

Regional Multiple Listing Service (RMLS)

APN: R498366