4 months on rocket

1616 S Harbor Way Unit 505, Portland, OR, 97201

$349,000

Home List Price

$4,144*

Closing Credit

1 Bedroom
1 Full Bath
768 SqFt
$454/SqFt
Condo

Location

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1616 S Harbor Way Unit 505, Portland$349,000

Buyer Closing Credits

$4,144*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeeded Parking, Secured
Attached Garage1 space
Year Built1986
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontRiver Front
FireplaceElectric
ViewCity, Mountain(s), River
MLS #24472696
StatusActive

About 1616 S Harbor Way Unit 505

Looking for peace and quiet with a view of the Willamette river, the city lights and a mountain view? If so this may be the condo for you. Known as the premier building in the Riverplace Condo complex this building has two elevators for added convenience. Wonderful river and mountain view condo with high ceilings, lovely remodeled kitchen and bathroom, quartz counters, walk-in closet and electric fireplace and a balcony. Light and bright this is a wonderful east facing unit. All appliances included including newer washer and dryer. Secure deeded parking and storage under building with private security on site. Beautiful community room with kitchen, award winning garden area, two elevators (one ADA accessible). No rental cap - 30 day minimum tenancy required. Enjoy beautiful and fun Riverfront living within a few short blocks to PSU, Keller Auditorium and Waterfront Park. Closer to home enjoy all the fun of the river front with cafe's and shops, and a wonderful riverfront walkway just outside. The Riverplace condos have been modernized with new windows, doors, and refreshed interior common areas, plus the siding and roof have been replaced. If you are looking for a great place to live, come visit the peaceful neighborhood of the Riverplace Condos. Living on the river is living at it's best. Seller financing available, if needed.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1986
  • Stories: 1
  • Living Area: 768 SqFt

Listing Office:

  • Office Name: Worldrelo Inc
  • Office Email: info@worldrelo.com
  • Listing Agent: Lori Tydeman, Paul Tydeman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Range Hood
  • Basement: Yes
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Elevator, High Ceilings, Laundry, Quartz, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: City, Mountain(s), River
  • Exterior: Covered Deck

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Cul-de-sac, Private

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Montgomery to Harbor Way, right on Mill St. Circle

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,000
  • Price Per SqFt: $454/SqFt

HOA Fees:

  • Amount: $636
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,289
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

1616 S Harbor Way Unit 505 vs Portland

131 DAYS ON ROCKET

+83 Days

$349,000

-$192.3K Less

$454/SqFt

+$138 More

KEY TAKEAWAY

This property is $192.3K less than the Median Sold Price and $138/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: #24472696

Listing Office:

  • Office Name: Worldrelo Inc
  • Office Email: info@worldrelo.com
  • Listing Agent: Lori Tydeman, Paul Tydeman

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: 11/17/2024, 10:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2018Home Sold
$380,000
May 25, 2012Home Sold
$285,000
May 04, 2007Home Sold
$359,000
Mar 18, 2005Home Sold
$243,450
Feb 01, 2005Home Sold
$143,283
Jun 26, 1996Home Sold
$165,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,289$246,420
2018$5,880$232,290
2017$5,636$225,530

History based on county public records data.

Payment Calculator

$2,445

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,113

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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-311494
7
/10
  • Emerson School

  • 105 NW Park Ave

  • 0.94 miles

  • Public Charter Grades KG-5

school-card-donut-311495
10
/10
  • Abernethy Elementary School

  • 2421 SE Orange Ave

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-311496
9
/10
  • Ainsworth Elementary School

  • 2425 SW Vista Ave

  • 1.20 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $102,439. The most common annual income of people living in Portland, OR is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 S Harbor Way Unit 505

What is the listing price of this property?

The listing price of 1616 S Harbor Way Unit 505 property is $349,000.

What type of property is this?

The property 1616 S Harbor Way Unit 505 is a condo located in Portland, Oregon, 97201.

Is this property for sale now?

Active Listing: 1616 S Harbor Way Unit 505 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 $6,289 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2018 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1616 S Harbor Way Unit 505 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1616 S Harbor Way Unit 505 is 768 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 S Harbor Way Unit 505 is 1986.

Rocket Homes›Oregon›Multnomah County›Portland›97201›1616 S Harbor Way Unit 505

This home is located at 1616 S Harbor Way Unit 505 in Portland, OR and zip code 97201 in the Portland Downtown neighborhood. This 768 square foot home was built in 1986. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $349,000.

Over 298 listings were sold over their listed price in October 2024 in Portland, OR. In the same period over 339 listings were sold below the listed price and 212 listings were sold for the listed price. The number of homes for sale in Portland, OR increased by 4.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 48 days, the median list price was $541,309.

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

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