NOT LISTED FOR SALE

525 SE Marion St Unit 22 Portland, OR 97202

Sellwood Neighborhood

Estimated Value: $694,000 - $880,000

3 Beds
3 Baths
2,014 Sq Ft
$760/mo HOA Fee

Last Sold August 01, 2022

Last sale price $890,000 $442 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,294/month

20 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Community
  • Private Lot
  • Duniway Elementary School Rated 9+
  • Waterfront
  • Vaulted Ceiling

About This Home

As of August 2022

Sellwood Waterfront Penthouse with stunning views of the Willamette River! One level living with vaulted ceilings, spacious living room, large kitchen and dining room...all with beautiful views of the river. A rare 3 bed/2.1 bath condo with 2 on river balconies. Tons of unit storage including a walk in pantry, 2 deeded parking spaces and a storage unit. Highly desirable Sellwood area on the winter Christmas ships route, near the Springwater Trail, Waverly Marina, shopping and restaurants.

Last Agent to Sell the Property

Maria Fitzgerald

Windermere Realty Trust License #200502012 Listed on: 04/26/2022

Windermere Realty Trust

Last Buyer's Agent

Linda Venti

Windermere Realty Trust License #200611195

Windermere Realty Trust

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,749

Year Built

  • Built in 2000

Lot Details

  • Waterfront
  • Gated Home

HOA Fees

  • $760 per month

Parking

  • Detached Garage
  • Secured Garage or Parking
  • Off-Street Parking
  • Controlled Entrance

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Pane Windows
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Intercom Access
  • Security Gate

Utilities

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

Additional Features

  • Accessibility Features
  • Unit is on the top floor

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

$12,749

Year Built

Built in 2000

Lot Details

0

HOA Fees

$760 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Common Wall, 1 Story
  • Sq Ft Calculated: 2014
  • Sq Ft Approximate Total: 2014
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2000
  • Property Condition: Resale
  • Remarks Public: Sellwood Waterfront Penthouse with stunning views of the Willamette River! One level living with vaulted ceilings, spacious living room, large kitchen and dining room...all with beautiful views of the river. A rare 3 bed/2.1 bath condo with 2 on river balconies. Tons of unit storage including a walk in pantry, 2 deeded parking spaces and a storage unit. Highly desirable Sellwood area on the winter Christmas ships route, near the Springwater Trail, Waverly Marina, shopping and restaurants.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: One Level
  • Additional Rooms: Laundry
  • All Room Features: Balcony, Bathroom, Closet Organizer, Dishwasher, Eat Bar, Fireplace, Gas Appliances, Great Room, Sound System, Walk in Closet, Wall to Wall Carpet, Wood Floors, Granite, Double Sinks
  • Main Level Bathrooms: 2.1
  • Total Bathrooms: 2.1
  • Elevator: Yes
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Laundry, Vaulted Ceiling(s), Washer/Dryer, Wall to Wall Carpet, High Ceilings, Wood Floors
  • Kitchen Appliances: Dishwasher, Disposal, Gas Appliances, Pantry, Granite, Stainless Steel Appliance(s), Range Hood
  • Legal Description: WAVERLY LANDING CONDOMINIUMS, LOT 22
  • Sq Ft Main Level: 2014
  • Bedrooms: 3
  • Master Bedroom: Features: Balcony, Closet Organizer, Walk in Closet, Wall to Wall Carpet, Double Sinks,On Level: Main,Dimensions: 18x18
  • Bedroom 2: On Level: Main,Dimensions: 14x15
  • Bedroom 3: On Level: Main,Dimensions: 11x13
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Dining Room: Features: Balcony, Wood Floors,On Level: Main,Dimensions: 12x10
  • Living Room: Features: Balcony, Fireplace, Great Room, Sound System, Wood Floors,On Level: Main,Dimensions: 22x16
  • Kitchen: Features: Dishwasher, Eat Bar, Gas Appliances, Granite,On Level: Main,Dimensions: 13x10
  • Additional Room 1: Description: Laundry,On Level: Main,Dimensions: 9x6
  • Bathrooms Main Level Full: 2
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Deck Available: Yes
  • Total Number of Units: 24
  • Exterior Description: Cement Siding, Wood Siding
  • Roof Type: Composition
  • View: River
  • Waterfront Description: River Front
  • Waterfront: Yes
  • Water Name: Willamette River
  • View: Yes
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Detached
  • Parking Description: Secured, Off Street

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Security: Entry, Security Gate, Intercom Entry

Condo/Co-op/Association

  • Storage Available: Yes
  • HOA Fees: 760
  • Condo Garage Type: Deeded
  • Condo Parking Space No: 39
  • Condo Parking Space No 2: 40
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper 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: 12262.04
  • Assessor Parcel Number: R498386
  • Tax Year: 2021

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

Closed on
May 18, 2022
Sold by
Jaksich Properties Llc
Bought by
Sandra K Mcdonough Revocable Living Trust
Current Estimated Value
$809,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
5.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 30, 2004
Sold by
Jaksich Jerry E and Jaksich Nancy A
Bought by
Jaksich Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Morlan Susan E
Bought by
Jaksich Jerry E and Jaksich Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2000
Sold by
Waverly Landing Llc
Bought by
Morlan Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,950
Interest Rate
7.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sandra K Mcdonough Revocable Living Trust -- First American Title
Jaksich Properties Llc -- --
Jaksich Jerry E $535,000 Fidelity Natl Title Co Of Or
Morlan Susan E $419,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandra K Mcdonough Revocable Living Trust $623,000
Previous Owner Jaksich Jerry E $428,000
Previous Owner Morlan Susan E $335,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $890,000 -3.8% $442 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $925,000 -- $459 / 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 $12,749 $481,130 $0 $481,130
2022 $12,473 $467,120 $0 $0
2021 $12,262 $453,520 $0 $0
2020 $11,249 $440,320 $0 $0
2019 $10,835 $427,500 $0 $0
2018 $10,517 $415,050 $0 $0
2017 $10,080 $402,970 $0 $0
2016 $9,225 $391,240 $0 $0
2015 $8,982 $379,850 $0 $0
2014 $8,847 $368,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Fitzgerald

    Seller's Agent in 2022

    Maria Fitzgerald

    Windermere Realty Trust

    (503) 680-9737

    1 in this area

    73 Total Sales

    Section Image
  • Linda Venti

    Buyer's Agent in 2022

    Linda Venti

    Windermere Realty Trust

    (503) 780-1468

    1 in this area

    45 Total Sales

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22653496

Regional Multiple Listing Service (RMLS)

APN: R498386

Oregon Multnomah County Portland 97202 Sellwood

525 SE Marion St Unit 22, Portland, OR

This home is located at 525 SE Marion St Unit 22, Portland, OR 97202 since 26 April 2022 and is currently estimated at $821,954, approximately $408 per square foot. This property was built in 2000. 525 SE Marion St Unit 22 is a home located in Multnomah County with nearby schools including Duniway Elementary School, Sellwood Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes