NOT LISTED FOR SALE

725 NW Flanders St Unit 308 Portland, OR 97209

Pearl District Neighborhood

Estimated Value: $355,000 - $415,000

1 Bed
1 Bath
1,116 Sq Ft
$433/mo HOA Fee

Last Sold September 28, 2021

Last sale price $420,000 $376 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,101/month

Highlights

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

About This Home

As of September 2021

This modern, south facing end-unit has soaring high ceilings & giant sunny, tree-filled windows. Exposed wood columns & concrete offers warmth & texture. Bedroom w/ custom partition wall lets you play with the airy open floorplan. In-unit laundry, central heat & a/c, private balcony, bamboo floors, DWR lights, newer fridge, furnace, range. Secure garage parking on ground floor. Dual zoned residential/commercial space just off the park blocks w/ no rent-cap & short-term rentals ok (7 day min)!

Last Agent to Sell the Property

Colleen Glaab

Portland's Alternative Inc., Realtors License #201217451 Listed on: 05/27/2021

Last Buyer's Agent

Jodi Cvar

Cascade Hasson Sotheby's International Realty License #201211768

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,252

Year Built

  • Built in 1921

Lot Details

  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $433 per month

Parking

  • Garage on Main Level
  • Tuck Under Garage
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Metal Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Bamboo Flooring
  • Laundry Room
  • Property Views

Home Security

  • Intercom Access
  • Security Gate

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Minimal Steps
  • Accessible Parking

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet

Additional Features

  • Deck
  • Unit is on the top floor

Community Details

Overview

  • On-Site Maintenance
  • Maintained Community

Amenities

  • Common Area

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,252

Year Built

Built in 1921

Lot Details

0

HOA Fees

$433 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Common Wall
  • Sq Ft Calculated: 1116
  • Sq Ft Approximate Total: 1116
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1921
  • Property Condition: Resale
  • Remarks Public: This modern, south facing end-unit has soaring high ceilings & giant sunny, tree-filled windows. Exposed wood columns & concrete offers warmth & texture. Bedroom w/ custom partition wall lets you play with the airy open floorplan. In-unit laundry, central heat & a/c, private balcony, bamboo floors, DWR lights, newer fridge, furnace, range. Secure garage parking on ground floor. Dual zoned residential/commercial space just off the park blocks w/ no rent-cap & short-term rentals ok (7 day min)!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Accessibility Features: Minimal Steps, Parking, Garage on Main, Accessible Elevator Installed
  • All Room Features: Balcony, Dishwasher, High Ceilings, Free-Standing Range, Free-Standing Refrigerator, Bamboo Floor, Closet
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Elevator: Yes
  • Floor Plan: loft
  • Interior Amenities: Laundry, Sprinkler, Washer/Dryer, High Ceilings, Elevator, Bamboo Floor
  • Kitchen Appliances: Microwave, Dishwasher, Free-Standing Refrigerator, Stainless Steel Appliance(s), Free-Standing Gas Range
  • Legal Description: FLANDERS LOFTS CONDOMINIUM, LOT 308
  • Sq Ft Main Level: 1116
  • Bedrooms: 1
  • Master Bedroom: Features: High Ceilings, Bamboo Floor, Closet,On Level: Main,Dimensions: 14x17
  • Full Bathrooms: 1
  • Basement: None
  • Dining Room: Features: High Ceilings, Bamboo Floor,On Level: Main,Dimensions: 11x15
  • Living Room: Features: Balcony, High Ceilings, Bamboo Floor,On Level: Main,Dimensions: 16x17
  • Kitchen: Features: Dishwasher, High Ceilings, Free-Standing Range, Free-Standing Refrigerator, Bamboo Floor,On Level: Main,Dimensions: 10x10
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Conversion: Yes
  • Deck Available: Yes
  • Total Levels: 4
  • Total Number of Units: 27
  • Exterior Description: Stucco, Metal Siding
  • Exterior Features: Deck
  • View: Park/Greenbelt, Trees/Woods
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Tuck-Under
  • Parking Description: Secured, Deeded

Utilities

  • Condo Washer Dryer: Hookup Available
  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Entry, Fire Sprinkler System, Security Gate, Intercom Entry

Condo/Co-op/Association

  • Condo Pet Policy: dogs & cats
  • Condo Remarks: No rent cap! Short term rentals OK (minimum 7 day stays). Pet friendly. HOA includes earthquake insurance. Washer/dryer in unit. All appliances included!
  • HOA Fees: 433
  • 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, Gated, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Commons, Corner Lot, Level, Trees
  • Zoning: CX
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 7810.04
  • Assessor Parcel Number: R163910
  • Tax Year: 2020

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

Listed on
May 27, 2021
Closed on
Sep 26, 2021
Sold by
Tuller Aaron
Bought by
Gelsdorf Christoph Thomas and Zobrist Brooke
Seller's Agent
Colleen Glaab
Portland's Alternative Inc., Realtors
Buyer's Agent
Jodi Cvar
Cascade Hasson Sotheby's International Realty
List Price
$449,950
Sold Price
$420,000
Premium/Discount to List
-$29,950
-6.66%
Current Estimated Value
$377,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,365
Avg. Annual Appreciation
-2.57%
Original Mortgage
$294,000
Outstanding Balance
$268,101
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$109,534

Purchase Details

Closed on
Mar 28, 2008
Sold by
Slipher Allan and Slipher Katherine
Bought by
Tuller Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1998
Sold by
Flanders Lofts Llc
Bought by
Slipher Allan and Slipher Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
7.11%
Source: Public Records

Range of Values:

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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
Gelsdorf Christoph Thomas $420,000 First American
Tuller Aaron $422,500 Chicago Title Insurance Co
Slipher Allan $214,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelsdorf Christoph Thomas $294,000
Previous Owner Tuller Aaron $338,000
Previous Owner Slipher Allan $192,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2021 09/28/21 Sold $420,000 -6.7% $376 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $449,950 -- $403 / 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 $8,252 $344,400 -- $344,400
2023 $8,215 $334,370 $0 $334,370
2022 $7,626 $324,640 $0 $0
2021 $8,342 $315,190 $0 $0
2020 $7,810 $306,010 $0 $0
2019 $7,523 $297,100 $0 $0
2018 $7,302 $288,450 $0 $0
2017 $6,998 $280,050 $0 $0
2016 $6,404 $271,900 $0 $0
2015 $6,236 $263,990 $0 $0
2014 $6,142 $256,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Glaab

    Seller's Agent in 2021

    Colleen Glaab

    Portland's Alternative Inc., Realtors

    (503) 970-8178

    1 in this area

    58 Total Sales

    Colleen Glaab
    Section Image
  • Jodi Cvar

    Buyer's Agent in 2021

    Jodi Cvar

    Cascade Hasson Sotheby's International Realty

    (503) 420-8601

    6 in this area

    54 Total Sales

    Jodi Cvar
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21022753

Regional Multiple Listing Service (RMLS)

APN: R163910

Oregon Multnomah County Portland 97209 Pearl District

725 NW Flanders St Unit 308, Portland, OR

This home is located at 725 NW Flanders St Unit 308, Portland, OR 97209 since 27 May 2021 and is currently estimated at $377,635, approximately $338 per square foot. This property was built in 1921. 725 NW Flanders St Unit 308 is a home located in Multnomah County with nearby schools including Chapman Elementary School, West Sylvan Middle School, and Lincoln 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.

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