4 months on rocket

1500 SW 11th Ave Unit 507, Portland, OR, 97201

$350,000

Home List Price

$4,156*

Closing Credit

1 Bedroom
1 Full Bath
708 SqFt
$494/SqFt
Condo

Location

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1500 SW 11th Ave Unit 507, Portland$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeeded Parking, Secured
Attached Garage1 space
Year Built2006
HeatingHeat Pump
CoolingCentral Air
BasementYes
ViewCity, Territorial, Trees/Woods
MLS #24202432
StatusActive

About 1500 SW 11th Ave Unit 507

Nestled in the heart of the Cultural District, this fabulous corner unit features two walls of windows with lovely southeast-facing views. The covered private balcony overlooks the tree line of nearby parks offering the perfect all-season outdoor entertaining space. Features include bamboo hardwood floors, an open kitchen with stainless appliances, gym and social amenities, and convenient deeded parking and storage. Enjoy city living with easy Streetcar and just steps from the beloved Farmer's Market, Portland Art Museum, OHSU, and a variety of restaurants and shopping options. Commuting is a breeze with nearby freeway access to Nike and Intel. An exceptionally managed HOA along with its unmet rental cap makes the Benson Tower the perfect option for homeowners and investors alike.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2006
  • Stories: 1
  • Living Area: 708 SqFt

Listing Office:

  • Office Name: ELEETE Real Estate
  • Office Phone: (503) 292-1500
  • Listing Agent: Sara Clark, Nicole Jochum

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Microwave, Plumbed For Ice Maker
  • Basement: Yes
  • Flooring Type: Bamboo, Granite
  • Interior: Granite, Laundry, Wall to Wall Carpet, Washer/Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City, Territorial, Trees/Woods
  • Exterior: Covered Patio, Fence, Patio, Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Deeded Parking, Secured

Lot Features

Lot Information:

  • Lot: Corner Lot, Level

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Between Market & Clay on SW 11th

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $494/SqFt

HOA Fees:

  • Amount: $629
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,165
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$542.3K

Med. Price/SqFt

$316

Avg. Days On Market

54

# of Sold Homes

739

1500 SW 11th Ave Unit 507 vs Portland

130 DAYS ON ROCKET

+76 Days

$350,000

-$192.3K Less

$494/SqFt

+$178 More

KEY TAKEAWAY

This property is $192.3K less than the Median Sold Price and $178/SqFt more than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24202432

Listing Office:

  • Office Name: ELEETE Real Estate
  • Office Phone: (503) 292-1500
  • Listing Agent: Sara Clark, Nicole Jochum

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 2:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,165$202,360
2017$4,628$185,200

History based on county public records data.

Payment Calculator

$2,443

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-990798
7
/10

  • Emerson School

  • 105 NW Park Ave

  • 0.70 miles

  • Public Charter Grades KG-5

school-card-donut-990799
9
/10

  • Ainsworth Elementary School

  • 2425 SW Vista Ave

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-990800
6
/10

  • Chapman Elementary School

  • 1445 NW 26th Ave

  • 1.58 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,387. Residents of Portland, OR typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1500 SW 11th Ave Unit 507

What is the listing price of this property?

The listing price of 1500 SW 11th Ave Unit 507 property is $350,000.

What type of property is this?

The property 1500 SW 11th Ave Unit 507 is a condo located in Portland, Oregon, 97201.

Is this property for sale now?

Active Listing: 1500 SW 11th Ave Unit 507 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,165 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1500 SW 11th Ave Unit 507 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 1500 SW 11th Ave Unit 507 is 708 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1500 SW 11th Ave Unit 507 is 2006.

Rocket Homes›Oregon›Multnomah County›Portland›97201›1500 SW 11th Ave Unit 507

This home is located at 1500 SW 11th Ave Unit 507 in Portland, OR and zip code 97201 in the Portland Downtown neighborhood. This 708 square foot home was built in 2006. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $350,000.

In November 2024, from all listings sold in Portland, OR there were more than 253 sold above asking price, over 320 sold below and more than 166 were sold right at the asked price. The number of listings in Portland, OR decreased by 11.9% between October 2024 and November 2024. Listings spent 54 days on the market in November 2024, and had a median list price of $542,392 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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