7 months on rocket

Sale Pending

1525 NE Marine Dr, Portland, OR, 97211

$1,900,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
6,310 SqFt
$301/SqFt
House
Schools Nearby

Location

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1525 NE Marine Dr, Portland$1,900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Attached Garage6 spaces
Year Built2005
HeatingForced Air, Radiant
CoolingCentral Air
WaterfrontRiver Front
FireplaceGas Fireplace, Wood Burning
ViewRiver, Territorial
MLS #23145284
Lot Size0.61 Acres
StatusSale Pending
(Pending)

About 1525 NE Marine Dr

The Columbia Riverfront Lifestyle awaits! This home is worth far more than this list price, but seller wants it sold NOW. Incredible opportunity to take advantage of our shifted market. This is a custom-built dream home. Steel framed 5 Beds/5.5 Baths. 6310 SqFt of Living Space, 2380sqft of Garage/Shop w/heated, epoxy floors & built-in cabinets. Steel enforced boat dock can accommodate 60-foot yacht plus multiple smaller boats & water toys. Includes 1,500 lbs crane lift, water, power, WiFi cable TV & house phone lines at dock. Two 50 amp/250 volts hookups for powering yachts. Dock rope light, 75-foot ramp with LED lights. Elevator access for 3 levels of living. Chefs? kitchen w/twin Wolf gas/convection ovens, Wolf 6 burner 16k BTU gas cooktop w/griddle and pot filler, full size Sub-Zero refrigerator, warmer drawer, twin Bosch stainless steel dishwashers, prep sink w/disposal, large, air-conditioned pantry. Heated slate floors. Quarter sawn solid cherry wood cabinets. Main floor laundry/mud/prep room w/refrigerator/freezer, full bath, and side access doors. Outdoor/Indoor living space w/20ft glass roll up door. Media/Game room w/custom Bathos Studios glass bar w/marble counters, Sub-Zero under-counter fridge/freezer, sink w/disposal, Bosch dishwasher, gas fireplace & heated, distressed wood floors. Primary suite glass tile spa bath w/Mr. Steam shower, heated travertine floors & under vanity lighting. Marble countered dual vanity w/heated mirrors. Coffee/bar nook w/Sub-Zero under-counter fridge/freezer. Reinforced steel deck off primary bath w/private hot tub, 400sqft closet w/built-in island dresser, cedar lining & washer/dryer. High-end rollout out Milgard windows throughout. 50-year tile roof. Lutron quiet & remote-controlled blackout shades. Terraced landscaping w/sprinklers & more. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10041133]

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean/Mission/Spanish, Traditional
  • Year Built: 2005
  • Stories: 3
  • Living Area: 6,310 SqFt

Listing Office:

  • Office Name: Windermere Realty Trust
  • Office Email: lakeoswego@windermere.com
  • Listing Agent: Katie Spurlock

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven
  • Flooring Type: Granite, Hardwood, Heated Tile, Slate, Wood
  • Interior: Central Vacuum, Elevator, Engineered Hardwood, Granite, High Ceilings, Laundry, Soaking Tub, Washer/Dryer
  • Fireplace: Gas Fireplace, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: River, Territorial
  • Exterior: Covered Deck, Covered Patio, Boat Dock, Free-Standing Hot Tub, Gas Hookup, Patio, Sprinklers, Yard

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Private, Gentle Sloping
  • Lot Size: 0.61 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Jefferson High School, Public District Grades 9-12
  • Faubion Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: I-5 North to exit 307, left on Marine Dr., home on left just past Yacht Club

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000
  • Price Per SqFt: $301/SqFt

Tax Information:

  • Annual Amount: $37,685
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$537.4K

Med. Price/SqFt

$315

Avg. Days On Market

36

# of Sold Homes

774

1525 NE Marine Dr vs Portland

216 DAYS ON ROCKET

+180 Days

$1,900,000

+$1.3M More

$301/SqFt

-$14 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $14/SqFt less 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: #23145284

Listing Office:

  • Office Name: Windermere Realty Trust
  • Office Email: lakeoswego@windermere.com
  • Listing Agent: Katie Spurlock

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: 5/6/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 05, 2021Home Sold
$2,650,000
Mar 22, 2002Home Sold
$525,000
Jan 12, 2001Home Sold
$404,000

Tax History

YEARPROP. TAXASSESSMENT
2020$37,685$1,926,690
2018$35,938$1,816,100
2017$36,370$1,763,210

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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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.

Elementary School

school-card-donut-7194716
1
/10
  • Faubion Elementary School

  • 3039 NE Rosa Parks Way

  • 2.36 miles

  • Public District Grades PK-8

High School

school-card-donut-7194717
4
/10
  • Jefferson High School

  • 5210 N Kerby Ave

  • 3.20 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,533. Residents of Portland, OR typically earn between $35k-100k each year. The majority of families are single, no kids. 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 1525 NE Marine Dr

What is the listing price of this property?

The listing price of 1525 NE Marine Dr property is $1,900,000.

What type of property is this?

The property 1525 NE Marine Dr is a house located in Portland, Oregon, 97211.

Is this property for sale now?

Sale Pending: 1525 NE Marine Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1525 NE Marine Dr are:
Faubion Elementary School: GreatSchools Rating 1/10
Jefferson High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $37,685 (source: MLS/based on county public records data).

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

The last sale was on February 5, 2021 for $2,650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1525 NE Marine Dr has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 1525 NE Marine Dr is 6,310 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1525 NE Marine Dr is 2005.

Rocket HomesOregonMultnomah CountyPortland972111525 NE Marine Dr

This home is located at 1525 NE Marine Dr in Portland, OR and zip code 97211 in the North Portland neighborhood. This 6,310 square foot home, which was built in 2005, sits on a 0.61 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 03, 2023 and is currently priced at $1,900,000.

In April 2024, from all listings sold in Portland, OR there were more than 338 sold above asking price, over 270 sold below and more than 166 were sold right at the asked price. Between March 2024 and April 2024, Portland, OR real estate market has seen increase in the number of listings by 19.3%. Listings spent 36 days on the market in April 2024, and had a median list price of $537,475 during the same period.

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

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