NOT LISTED FOR SALE

725 NW Flanders St Unit 405 Portland, OR 97209

Pearl District Neighborhood

Estimated Value: $594,000 - $1,027,000

2 Beds
2 Baths
1,654 Sq Ft
$471/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $710,000 $429 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,824/month

65 Days on Market

Highlights

  • City View
  • 2-minute walk to Union Station/Nw 6Th & Hoyt
  • Contemporary Architecture
  • West Sylvan Middle School Rated A-
  • Deck
  • 2-minute walk to North Park Blocks

About This Home

As of February 2018

Industrial loft on North Park Blocks! This light-filled, corner unit is an entertainer's dream w/ expansive windows, exposed beams, open floor plan, high ceilings, 2-story vaulted living & dining rms & 2 large decks! Rare storage rm. Master retreat complete w/ remod bath, double walk-in closets & deck w/ views. Open 2nd floor loft is perfect for bedroom, home office, and/or family room. Chef's kitchen w/ prof appliances.

Last Agent to Sell the Property

Chris Dawkins

Keller Williams PDX Central License #200604236 Listed on: 10/18/2017

Keller Williams PDX Central

Last Buyer's Agent

Brad Golik

LUXE Forbes Global Properties License #200405333

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,589

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 10,019

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking

Property Views

  • City
  • Territorial

Home Design

  • Contemporary Architecture
  • Metal Siding

Interior Spaces

  • 1,654 Sq Ft Home
  • 3-Story Property
  • Paneling
  • Vaulted Ceiling
  • Entryway
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R163915

Community Details

Overview

  • 27 Units
  • Flanders Lofts HOA, Phone Number (503) 546-3400
  • The Pearl District Subdivision
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Elevator

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,589

Year Built

Built in 1921 | Remodeled

Lot Details

0

HOA Fees

$487 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1921
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Loft
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 27
  • CondominiumWasherDryer: HookupAvailable
  • CondominiumYardYN: No
  • Open House: No
  • Room 11 Features: GasAppliances,GourmetKitchen,UpdatedRemodeled
  • Room 12 Features: Patio
  • Room 13 Features: Patio
  • Room 9 Features: Patio
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleHallway
  • Total Bathrooms: 2.0
  • Interior Amenities: Floor3rd, Granite, HardwoodFloors, HighCeilings, Laundry, Quartz, SoakingTub, TileFloor, VaultedCeiling, WasherDryer
  • Room 4 Description: Laundry
  • Room 4 Level: Upper
  • Room 5 Description: Entry
  • Room 5 Level: Main
  • Appliances: BuiltinOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, GasAppliances, Microwave, Quartz, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 6
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Other Room10 Area: 240
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 48
  • Fifth Bedroom Area: 56
  • Bedroom 7 Area: 117
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: MetalSiding,Panel
  • Exterior Features: Deck, Patio
  • View: Yes
  • Disclosures: Disclosure
  • Home Warranty: No
  • View: City,Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingSpaceNo: 20
  • CondominiumParkingTandemYN: No

Utilities

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

Condo/Co-op/Association

  • Unit Location: Townhouse
  • Association Amenities: Commons, ExteriorMaintenance, Insurance, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 487.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Community Association Partners
  • CondominiumAssociationName: Flanders Lofts HOA
  • CondominiumAssociationPhone: 503-546-3400
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Zoning: CX
  • Parcel #: R163915

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 8589.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Emerson Brian Gordon and Minton Brenda Jean
Bought by
Emerson Brian Gordon and Minton Brenda Jean
Current Estimated Value
$779,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$490,630
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$307,000

Purchase Details

Listed on
Oct 18, 2017
Closed on
Jan 29, 2018
Sold by
Fleming Jean Sheilds and Fleming Malcolm
Bought by
Minton Brenda J
Seller's Agent
Chris Dawkins
Keller Williams PDX Central
Buyer's Agent
Brad Golik
LUXE Forbes Global Properties
List Price
$750,000
Sold Price
$710,000
Premium/Discount to List
-$40,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.54%
Original Mortgage
$568,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2006
Sold by
Myers Dana L
Bought by
Fleming Malcolm M and Fleming Jean Shields

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 2003
Sold by
Royston Melvin L
Bought by
Myers Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.15%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Flanders Lofts Llc
Bought by
Royston Melvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,300
Interest Rate
7.75%
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
Emerson Brian Gordon -- First American
Minton Brenda J $710,000 Lawyers Title
Fleming Malcolm M $540,000 Western Title & Escrow Co
Myers Dana L $315,000 First American
Royston Melvin L $287,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Brian Gordon $548,250
Closed Minton Brenda J $568,000
Previous Owner Fleming Jean Shields $377,000
Previous Owner Fleming Jean Shields $384,800
Previous Owner Fleming Malcolm Mcclung $68,721
Previous Owner Fleming Malcolm M $417,000
Previous Owner Myers Dana L $139,000
Previous Owner Myers Dana L $186,000
Previous Owner Myers Dana L $162,000
Previous Owner Myers Dana L $155,000
Previous Owner Royston Melvin L $258,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $710,000 -5.3% $429 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
10/17/2017 10/17/17 For Sale $750,000 -- $453 / 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 $13,475 $504,110 -- $504,110
2023 $12,957 $489,430 $0 $489,430
2022 $12,677 $475,180 $0 $0
2021 $11,420 $422,750 $0 $0
2020 $10,475 $410,440 $0 $0
2019 $10,090 $398,490 $0 $0
2018 $9,793 $386,890 $0 $0
2017 $9,386 $375,630 $0 $0
2016 $8,589 $364,690 $0 $0
2015 $8,364 $354,070 $0 $0
2014 $8,238 $343,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Dawkins

    Seller's Agent in 2018

    Chris Dawkins

    Keller Williams PDX Central

    (503) 444-9039

    1 in this area

    110 Total Sales

    Chris Dawkins
    Section Image
  • Brad Golik

    Buyer's Agent in 2018

    Brad Golik

    LUXE Forbes Global Properties

    (503) 389-2112

    10 in this area

    39 Total Sales

    Brad Golik
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17060014

Regional Multiple Listing Service (RMLS)

APN: R163915

Oregon Multnomah County Portland 97209 Pearl District

725 NW Flanders St Unit 405, Portland, OR

This home is located at 725 NW Flanders St Unit 405, Portland, OR 97209 since 18 October 2017 and is currently estimated at $779,374, approximately $471 per square foot. This property was built in 1921. 725 NW Flanders St Unit 405 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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