$315,000
SOLD MAR 27, 2024

725 NW Flanders St Unit 202 Portland, OR 97209

Pearl District Neighborhood
1 Bed
1 Bath
818 Sq Ft
$530/mo HOA Fee

Recently Sold

$385 Per Sq Ft

4 Days on Market

Highlights

  • City View
  • 2-minute walk to Union Station/Nw 6Th & Hoyt
  • Main Floor Primary Bedroom
  • West Sylvan Middle School Rated A-
  • Wood Flooring
  • 2-minute walk to North Park Blocks

About This Home

As of March 2024

This charming Pearl District studio offers a seamless blend of historic charm and modern amenities. Light bright versatile live/work space, it's perfect for urban dwellers or students or business owners. Revel in the warmth of soaring Doug fir beams and ebony stained maple floors. A hallway wall of built-ins makes smart space for storage. Enjoy breathtaking west-facing views from your private balcony.Private secure parking garage. With a Walkscore of 100, everything is within reach: Dining, groceries, the famous Powell?s Books, riverfront strolling, downtown fun and proximity to PDX universities. This unit boasts deeded parking, in-unit laundry and AC for your comfort. Short-term rentals allowed, making it an excellent investment opportunity. Don't miss out on this quintessential Portland gem!

Last Agent to Sell the Property

Susie Hunt Moran

Windermere Realty Trust Brokerage Phone: 818-399-8672 License #200603429 Listed on: 02/23/2024

Windermere Realty Trust

Co-Listed By

Josue Velasquez

Windermere Realty Trust Brokerage Phone: 818-399-8672 License #201238861

Last Buyer's Agent

Katherine Williams

Rose City Realty Group License #200411153

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 1921

Lot Details

  • Level Lot
  • Sprinkler System

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Off-Street Parking
  • Controlled Entrance

Property Views

  • City
  • Park or Greenbelt

Home Design

  • Studio
  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Siding

Interior Spaces

  • 818 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance
  • Accessible Parking

Location

  • Upper Level

Schools

  • Chapman Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R163896

Community Details

Overview

  • 27 Units
  • Flanders Lofts HOA, Phone Number (503) 222-3800
  • Pearl District Subdivision
  • The community has rules related to allowing live work

Amenities

  • Common Area
  • Elevator

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,807

Year Built

Built in 1921

Lot Details

0

HOA Fees

$530 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1921
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: LiveWorkUnit, Studio
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: No
  • CondominiumUnitLevel: 4
  • CondominiumUnitsInComplex: 27
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: Dishwasher,Disposal,GasAppliances,Microwave
  • Room 12 Features: Balcony,GreatRoom
  • CondominiumTotalLevels: 4
  • Unit Floor Number: 2
  • Special Features: None

Interior Features

  • Accessibility Features: AccessibleEntrance, MainFloorBedroomBath, OneLevel, Parking, UtilityRoomOnMain
  • Total Bathrooms: 1.0
  • Interior Amenities: Elevator, GarageDoorOpener, HighCeilings, Laundry, Quartz, Sprinkler, WasherDryer, WoodFloors
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Main
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, GasAppliances, Microwave, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 4
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,MetalSiding
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Flat
  • View: City,ParkGreenbelt

Garage/Parking

  • Garage Type: Attached
  • Parking Description: OffStreet, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingSpaceNo: 10
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tank
  • Security: Entry
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, Insurance, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 530.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Erin Black
  • CondominiumAssociationEmail: eblack@bluestonecam.com
  • CondominiumAssociationName: Flanders Lofts HOA
  • CondominiumAssociationPhone: 503-222-3800
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Chapman
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Farm: No
  • Zoning: CX
  • Land Lease: No
  • Parcel #: R163896

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 6807.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 22, 2024
Sold by
Milliken Stephen G and Milliken Rebecca P
Bought by
Kuemerle Lorraine
Seller's Agent
Susie Hunt Moran
Windermere Realty Trust
Buyer's Agent
Katherine Williams
Rose City Realty Group
List Price
$315,000
Sold Price
$315,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.49%

Purchase Details

Closed on
Feb 21, 2013
Sold by
Sebellin Ross Erik and Sebellin Ross Susanne J
Bought by
Milliken Stephen G and Milliken Rebecca P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,700
Interest Rate
2.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Webb Thomas R
Bought by
Waite Alexis H and Waite Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2004
Sold by
Thayer James R
Bought by
Webb Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2000
Sold by
Mckeon Andrew E
Bought by
Thayer James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
7.39%

Purchase Details

Closed on
Sep 2, 1997
Sold by
Flanders Lofts Llc
Bought by
Mckeon Andrew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
7.42%
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 Type Sale Price Title Company
Warranty Deed $315,000 Ticor Title
Warranty Deed $297,000 Lawyers Title
Warranty Deed $275,000 Stewart
Warranty Deed $208,000 Ticor Title Insurance Compan
Warranty Deed $168,000 Ticor Title Insurance Compan
Warranty Deed $166,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $222,700 New Conventional
Previous Owner $158,700 New Conventional
Previous Owner $220,000 Purchase Money Mortgage
Previous Owner $166,400 Purchase Money Mortgage
Previous Owner $134,400 No Value Available
Previous Owner $132,800 No Value Available
Closed $20,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $285,000 -4.7% $348 / Sq Ft
06/11/2025 06/11/25 Price Changed $299,000 -8.0% $366 / Sq Ft
03/17/2025 03/17/25 For Sale $325,000 +3.2% $397 / Sq Ft
03/27/2024 03/27/24 Sold $315,000 0.0% $385 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $315,000 -- $385 / 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 $6,962 $267,070 -- $267,070
2023 $6,962 $259,300 $0 $259,300
2022 $6,435 $251,750 $0 $0
2021 $6,602 $244,420 $0 $0
2020 $6,057 $237,310 $0 $0
2019 $5,834 $230,400 $0 $0
2018 $5,662 $223,690 $0 $0
2017 $5,427 $217,180 $0 $0
2016 $4,966 $210,860 $0 $0
2015 $4,836 $204,720 $0 $0
2014 $4,763 $198,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24442144

Regional Multiple Listing Service (RMLS)

APN: R163896