NOT LISTED FOR SALE

725 NW Flanders St Unit 307 Portland, OR 97209

Pearl District Neighborhood

Estimated Value: $270,000 - $318,000

1 Bed
1 Bath
936 Sq Ft
$527/mo HOA Fee

Last Sold March 17, 2021

Last sale price $240,000 $256 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,512/month

Highlights

  • Unit is on the top floor
  • 2-minute walk to Union Station/Nw 6Th & Hoyt
  • High Ceiling
  • West Sylvan Middle School Rated A-
  • Wood Flooring
  • 2-minute walk to North Park Blocks

About This Home

As of March 2021

Great Value at Flanders Loft Condominiums! Contemporary 1 bedroom unit with Laundry in unit- washer and dryer included. High ceilings & natural light throughout. Open concept living w/ spacious kitchen, including gas range & SS appliances! Engineered Hardwoods throughout.Redevelopment of the USPS building has broken ground as part of the Broadway Corridor Urban development project. Short Distance to World Foods, restaurants, and Coffee Shops! 99 Walk Score 99-Bike Score-92 Transport score!

Last Agent to Sell the Property

Andrea Menashe

Windermere Realty Trust License #201203652 Listed on: 01/06/2021

Windermere Realty Trust

Last Buyer's Agent

Benjamin Page

Coldwell Banker Bain License #201234875

Coldwell Banker Bain

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,457

Year Built

  • Built in 1921

Lot Details

  • 10,019

HOA Fees

  • $527 per month

Parking

  • Attached Garage
  • Garage on Main Level
  • Secured Garage or Parking
  • Deeded Parking

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Wood Flooring
  • Laundry Room

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features

Utilities

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

Additional Features

  • Sprinkler System
  • Unit is on the top floor

Community Details

Overview

  • On-Site Maintenance
  • Maintained Community

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,457

Year Built

Built in 1921

Lot Details

0

HOA Fees

$527 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Loft, Studio
  • Sq Ft Calculated: 936
  • Sq Ft Approximate Total: 936
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1921
  • Property Condition: Resale
  • Remarks Public: Great Value at Flanders Loft Condominiums! Contemporary 1 bedroom unit with Laundry in unit- washer and dryer included. High ceilings & natural light throughout. Open concept living w/ spacious kitchen, including gas range & SS appliances! Engineered Hardwoods throughout.Redevelopment of the USPS building has broken ground as part of the Broadway Corridor Urban development project. Short Distance to World Foods, restaurants, and Coffee Shops! 99 Walk Score 99-Bike Score-92 Transport score!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: Garage on Main, Accessible Elevator Installed
  • Additional Room Features: Balcony
  • Additional Rooms: Great Room, Laundry
  • All Room Features: Balcony, Hardwood Floors
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Elevator: Yes
  • Floor Plan: LOFT
  • Interior Amenities: Hardwood Floors, Laundry, Sprinkler, Washer/Dryer, High Ceilings
  • Kitchen Appliances: Dishwasher, Free-Standing Refrigerator, Stainless Steel Appliance(s), Free-Standing Gas Range
  • Legal Description: FLANDERS LOFTS CONDOMINIUM, LOT 307
  • Sq Ft Main Level: 936
  • Bedrooms: 1
  • Master Bedroom: Features: Hardwood Floors,On Level: Main,Dimensions: 17x14
  • Full Bathrooms: 1
  • Kitchen: On Level: Main,Dimensions: 14x13
  • Additional Room 1: Description: Great Room,Features: Balcony,On Level: Main,Dimensions: 19x18
  • Additional Room 2: Description: Laundry,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Deck Available: Yes
  • Total Levels: 3
  • Exterior Description: Hard Concrete Stucco
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Secured, Deeded

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • HOA Fees: 527
  • Condo Association: https://www.bluestonehockley.com
  • Condo Association: http://Yes
  • Condo Garage Type: Deeded
  • Condo Parking Space No: 1
  • Condo Unit Level: 3
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Commons, Exterior Maintenance, Trash, Insurance, Management, Sewer, Water, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 5799.24
  • Assessor Parcel Number: R163909
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2024
Sold by
Peter M Wenzel Revocable Trust and Benjamin Y Page Revocable Trust
Bought by
Eastside Village Llc
Current Estimated Value
$291,698

Purchase Details

Listed on
Jan 6, 2021
Closed on
Feb 3, 2021
Sold by
Piper Edward Addison
Bought by
Wenzel Peter M
Seller's Agent
Andrea Menashe
Windermere Realty Trust
Buyer's Agent
Benjamin Page
Coldwell Banker Bain
List Price
$369,900
Sold Price
$240,000
Premium/Discount to List
-$129,900
-35.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%

Purchase Details

Listed on
Mar 7, 2017
Closed on
Mar 13, 2017
Sold by
Collura Kenneth J
Bought by
Piper Edward Addison
Seller's Agent
Gregory Sobotka
Think Real Estate
Buyer's Agent
Stacey Decker
Real Broker
List Price
$447,500
Sold Price
$465,000
Premium/Discount to List
$17,500
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.56%
Original Mortgage
$372,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2016
Sold by
King Thomas
Bought by
Bethge Robert O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2007
Sold by
Lang Macjulian Louis
Bought by
Collura Kenneth J and Collura Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2004
Sold by
Needham Paul A
Bought by
Lang Macjulian Louis and Lang Kimberly Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2003
Sold by
Rizzo John A
Bought by
Needham Paul A and Needham Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.93%

Purchase Details

Closed on
Apr 22, 1998
Sold by
Flanders Lofts Llc
Bought by
Rizzo John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.15%
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
Eastside Village Llc $300,000 Ticor Title
Wenzel Peter M $240,000 Wfg Title
Piper Edward Addison $465,000 First American
Bethge Robert O $1,150,000 Wfg Title
Collura Kenneth J $325,000 First American Title Insuran
Lang Macjulian Louis $259,000 Ticor Title Insurance Compan
Needham Paul A $203,000 First American
Rizzo John A $165,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piper Edward Addison $372,000
Previous Owner Bethge Robert O $350,000
Previous Owner Collura Kenneth J $325,000
Previous Owner Lang Macjulian Louis $207,200
Previous Owner Needham Paul A $100,000
Previous Owner Rizzo John A $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2021 03/17/21 Sold $240,000 -35.1% $256 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/30/2021 01/30/21 Price Changed $369,900 0.0% $395 / Sq Ft
01/30/2021 01/30/21 For Sale $369,900 +54.1% $395 / Sq Ft
01/30/2021 01/30/21 Off Market $240,000 -- --
01/06/2021 01/06/21 For Sale $390,000 -16.1% $417 / Sq Ft
04/21/2017 04/21/17 Sold $465,000 +3.9% $467 / Sq Ft View Prior Sale
03/12/2017 03/12/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $447,500 -- $450 / 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 $5,457 $265,480 -- $265,480
2023 $5,429 $257,750 $0 $257,750
2022 $5,042 $250,250 $0 $0
2021 $6,563 $242,970 $0 $0
2020 $6,021 $235,900 $0 $0
2019 $5,799 $229,030 $0 $0
2018 $5,629 $222,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20333734

Regional Multiple Listing Service (RMLS)

APN: R163909