NOT LISTED FOR SALE

725 NW Flanders St Unit 404 Portland, OR 97209

Pearl District Neighborhood

Estimated Value: $721,697 - $974,000

2 Beds
3 Baths
1,913 Sq Ft
$678/mo HOA Fee

Last Sold November 10, 2020

Last sale price $853,660 $446 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,984/month

Highlights

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

About This Home

As of November 2020

Urban chic Penthouse remodeled throughout blending industrial Loft design w/ updated, contemporary finishes. Original reclaimed Doug Fir hardwoods. 2 deck terraces w/ protected views. Total kitchen remodel incl. Schoolhouse Electric lighting, Caesarstone, Liebherr + Bosch appliances, commercial gas range, custom dining banquette and more. Spacious 1,913 sq. ft. floor plan on 3 floors offers multiple live/work spaces. Secured lit parking space. Text for list of furnishings for sale.

Last Agent to Sell the Property

Sara Clark

The Agency Portland License #201213460 Listed on: 10/01/2020

The Agency Portland

Last Buyer's Agent

Jordan Fogle

Keller Williams Realty Portland Elite License #201218514

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,095

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • Level Lot
  • Sprinkler System

HOA Fees

  • $678 per month

Parking

  • Attached Garage
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Metal Siding
  • Recycled Construction Materials
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • High Ceiling
  • Wood Flooring
  • Quartz Countertops
  • Laundry Room
  • Property Views

Home Security

  • Security Lights
  • Smart Thermostat

Outdoor Features

  • Deck

Location

  • Unit is on the top floor
  • Property is near a bus stop

Utilities

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

Community Details

  • Maintained Community
  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,095

Year Built

Built in 1921 | Remodeled

Lot Details

0

HOA Fees

$678 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Contemporary, Loft
  • Sq Ft Calculated: 1440
  • Sq Ft Approximate Total: 1913
  • Stories: 3
  • Year Built: 1921
  • Property Condition: Updated/Remodeled
  • Remarks Public: Urban chic Penthouse remodeled throughout blending industrial Loft design w/ updated, contemporary finishes. Original reclaimed Doug Fir hardwoods. 2 deck terraces w/ protected views. Total kitchen remodel incl. Schoolhouse Electric lighting, Caesarstone, Liebherr + Bosch appliances, commercial gas range, custom dining banquette and more. Spacious 1,913 sq. ft. floor plan on 3 floors offers multiple live/work spaces. Secured lit parking space. Text for list of furnishings for sale.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Additional Room Features: Hardwood Floors, Washer/Dryer
  • Additional Rooms: Laundry, Office, Storage
  • All Room Features: Balcony, Beamed Ceilings, Built-in Range, Built-in Refrigerator, Closet Organizer, Dishwasher, Gourmet Kitchen, Great Room, Hardwood Floors, Kitchen/Dining Room Combo, Loft, Suite, Washer/Dryer, High Ceilings, Double Closet, Reclaimed Material, 3rd Floor, Quartz
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Elevator: Yes
  • Floor Plan: Penthouse
  • Interior Amenities: Hardwood Floors, Laundry, Sprinkler, Washer/Dryer, High Ceilings, Reclaimed Material, Quartz, Smart Thermostat
  • Kitchen Appliances: Built-in Range, Built-in Refrigerator, Dishwasher, Disposal, Gas Appliances, Built-in Oven, Stainless Steel Appliance(s), Quartz, Range Hood
  • Legal Description: FLANDERS LOFTS CONDOMINIUM, LOT 404
  • Sq Ft Lower Level: 473
  • Sq Ft Main Level: 658
  • Upper Level Sq Ft: 782
  • Bedrooms: 2
  • Master Bedroom: Features: Balcony, Closet Organizer, Hardwood Floors, Suite, Double Closet, 3rd Floor,On Level: Upper,Dimensions: 18x13
  • Bedroom 2: On Level: Main,Dimensions: 11x11
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: None
  • Dining Room: Features: Balcony, Hardwood Floors, High Ceilings,On Level: Lower,Dimensions: 15x10
  • Living Room: Features: Balcony, Beamed Ceilings, Great Room, Hardwood Floors, High Ceilings, Reclaimed Material,On Level: Lower,Dimensions: 20x13
  • Kitchen: Features: Built-in Range, Built-in Refrigerator, Dishwasher, Gourmet Kitchen, Kitchen/Dining Room Combo, Quartz,On Level: Lower,Dimensions: 12x10
  • Additional Room 1: Description: Office,Features: Hardwood Floors,On Level: Main,Dimensions: 20x13
  • Additional Room 2: Description: Laundry,Features: Washer/Dryer,On Level: Main,Dimensions: 9x5
  • Additional Room 3: Description: Storage,On Level: Lower,Dimensions: 8x5
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 1

Exterior Features

  • Conversion: Yes
  • Deck Available: Yes
  • Deck Sq Ft: 394
  • Total Levels: 4
  • Total Number of Units: 27
  • Exterior Description: Stucco, Metal Siding
  • Exterior Features: Deck
  • Roof Type: Flat
  • View: City, Seasonal
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • 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 - 95+%
  • Security: Entry, Security Lights

Condo/Co-op/Association

  • Condo Pet Policy: See Bylaws
  • Condo Remarks: Converted to condos in 1997. HOA is responsible for structural deck maintenance.
  • HOA Fees: 678
  • Condo Garage Type: Attached
  • Condo Parking Space No: 25
  • Condo Unit Level: 4
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Commons, Exterior Maintenance, Trash, Insurance, Management, Sewer, Water

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

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

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 15104.62
  • Assessor Parcel Number: R163914
  • 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
Aug 5, 2022
Sold by
Watrud Family 2017 Trust
Bought by
Oxford Columbia Llc
Current Estimated Value
$787,674

Purchase Details

Closed on
Jan 25, 2021
Sold by
Watrud Christopher John and Watrud Anna Kristina
Bought by
Watrud Christopher J and Watrud Anna Kristina

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 9, 2020
Sold by
Johnson Brad and Johnson Julie Beeler
Bought by
Watrud Christopher John and Watrud Anna Kristina
Seller's Agent
Sara Clark
The Agency Portland
Buyer's Agent
Jordan Fogle
Keller Williams Realty Portland Elite
List Price
$849,000
Sold Price
$853,660
Premium/Discount to List
$4,660
0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.61%

Purchase Details

Closed on
Jun 18, 2014
Sold by
Baymiller Gail H
Bought by
Johnson Brad and Johnson Julie Beeler

Purchase Details

Closed on
Mar 30, 2014
Sold by
Baymiller Gail H
Bought by
Baymiller Gail H

Purchase Details

Closed on
Dec 8, 2009
Sold by
Baymiller John S and Baymiller Gail H
Bought by
Baymiller John S and Baymiller Gail H

Purchase Details

Closed on
Feb 1, 2007
Sold by
Gifford David W
Bought by
Baymiller John S and Baymiller Gail H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1998
Sold by
Flanders Lofts Llc
Bought by
Gifford David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.99%
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
Oxford Columbia Llc -- None Listed On Document
Watrud Christopher J -- None Available
Watrud Christopher John $853,660 Wfg Title
Johnson Brad $729,275 Wfg Title
Baymiller Gail H -- None Available
Baymiller John S -- None Available
Baymiller John S $710,000 Chicago Title Insurance Comp
Gifford David W $440,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baymiller John S $568,000
Previous Owner Baymiller John S $71,000
Previous Owner Gifford David W $352,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $853,660 +0.5% $446 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $849,000 -- $444 / 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 $14,095 $691,520 -- $691,520
2023 $14,022 $671,380 $0 $671,380
2022 $13,022 $651,830 $0 $0
2021 $14,257 $632,850 $0 $0
2020 $13,659 $614,420 $0 $0
2019 $15,105 $596,530 $0 $0
2018 $14,292 $579,160 $0 $0
2017 $14,051 $562,300 $0 $0
2016 $12,802 $545,930 $0 $0
2015 $11,784 $530,030 $0 $0
2014 $10,674 $514,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sara Clark

    Seller's Agent in 2020

    Sara Clark

    The Agency Portland

    (503) 784-4878

    6 in this area

    73 Total Sales

    Sara Clark
    Section Image

  • J

    Buyer's Agent in 2020

    Jordan Fogle

    Keller Williams Realty Portland Elite

    (503) 744-0000

    1 in this area

    41 Total Sales

    Jordan Fogle
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20541776

Regional Multiple Listing Service (RMLS)

APN: R163914

Oregon Multnomah County Portland 97209 Pearl District

725 NW Flanders St Unit 404, Portland, OR

This home is located at 725 NW Flanders St Unit 404, Portland, OR 97209 since 01 October 2020 and is currently estimated at $787,674, approximately $411 per square foot. This property was built in 1921. 725 NW Flanders St Unit 404 is a home located in Multnomah County with nearby schools including Chapman Elementary School, West Sylvan Middle School, and Lincoln High School.

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