9 days on rocket

1616 S Harbor Way Unit 506, Portland, OR, 97201

$250,000

Home List Price

$2,969*

Closing Credit

1 Bedroom
1 Full Bath
763 SqFt
$328/SqFt
Condo

Location

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1616 S Harbor Way Unit 506, Portland$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeeded Parking
Attached Garage1 space
Year Built1986
HeatingForced Air
CoolingCentral Air
ViewCity, River
MLS #24112929
StatusActive

About 1616 S Harbor Way Unit 506

Nestled in a prime close-in location, this waterfront condominium features peaceful views of the city and river from every room. Step inside to discover an open-concept floor plan that maximizes space and natural light. The living area is ideal for relaxing or entertaining, with large windows framing the views as well as a fireplace. The kitchen is fully equipped - perfect for preparing meals while enjoying the scenic backdrop. The well-appointed bedroom and full bathroom are a retreat, featuring generous closet space, functionality and more stunning views. Additional highlights include in-unit laundry, a secure entry, and access to a range of neighborhood activities. This waterfront gem combines the best of Southwest Portland with the convenience of city amenities just steps away. Whether you’re looking for a full-time residence, a weekend getaway, or an investment property, this condo is the perfect place to call home.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1986
  • Stories: 1
  • Living Area: 763 SqFt

Listing Office:

  • Office Name: Windermere Realty Trust
  • Office Phone: (503) 227-5500
  • Listing Agent: Macey Laurick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave
  • Interior: Laundry, Wall to Wall Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City, River

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Naito to S. Harbor Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $328/SqFt

HOA Fees:

  • Amount: $598
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,413
  • 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

1616 S Harbor Way Unit 506 vs Portland

9 DAYS ON ROCKET

-45 Days

$250,000

-$292.3K Less

$328/SqFt

+$12 More

KEY TAKEAWAY

This property is $292.3K less than the Median Sold Price and $12/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: #24112929

Listing Office:

  • Office Name: Windermere Realty Trust
  • Office Phone: (503) 227-5500
  • Listing Agent: Macey Laurick

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, 2:20:58 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

Oct 01, 2018Home Sold
$335,000
Jun 18, 2003Home Sold
$207,900
Jun 01, 1990Home Sold
$112,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,413$223,040
2018$5,107$210,250
2017$5,101$204,130

History based on county public records data.

Payment Calculator

$1,913

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-847408
7
/10

  • Emerson School

  • 105 NW Park Ave

  • 0.94 miles

  • Public Charter Grades KG-5

school-card-donut-847409
10
/10

  • Abernethy Elementary School

  • 2421 SE Orange Ave

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-847410
9
/10

  • Ainsworth Elementary School

  • 2425 SW Vista Ave

  • 1.20 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 $102,439. The majority of Portland, OR residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 S Harbor Way Unit 506

What is the listing price of this property?

The listing price of 1616 S Harbor Way Unit 506 property is $250,000.

What type of property is this?

The property 1616 S Harbor Way Unit 506 is a condo located in Portland, Oregon, 97201.

Is this property for sale now?

Active Listing: 1616 S Harbor Way Unit 506 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 $5,413 (source: MLS/based on county public records data).

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

The last sale was on October 1, 2018 for $335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1616 S Harbor Way Unit 506 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1616 S Harbor Way Unit 506 is 763 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 S Harbor Way Unit 506 is 1986.

Rocket Homes›Oregon›Multnomah County›Portland›97201›1616 S Harbor Way Unit 506

This home is located at 1616 S Harbor Way Unit 506 in Portland, OR and zip code 97201 in the Portland Downtown neighborhood. This 763 square foot home was built in 1986. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $250,000.

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 inventory of homes for sale in Portland, OR between October 2024 and November 2024 decreased by 11.9%. While the average time on the market in November 2024 was 54 days, the median list price was $542,392.

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

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