8 months on rocket

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

$374,500

Home List Price

$4,447*

Closing Credit

1 Bedroom
1 Full Bath
768 SqFt
$488/SqFt
Condo
Schools Nearby

Location

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1616 S Harbor Way Unit 505, Portland$374,500

Buyer Closing Credits

$4,447*

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, River, Territorial
MLS #23513624
StatusActive

About 1616 S Harbor Way Unit 505

SELLER FINANCING! Means NO LOAN FEES for this trendy top floor Condo with high ceilings, updated kitchen and bath, quartz counters, walk-in closet and electric fireplace. All appliances included including newer washer & dryer. Secure deeded parking and storage under building. Beautiful community room with kitchen, award winning garden area, large rooftop decks, two elevators, one ADA accessible. No rental Cap. 30-day minimum tenancy required. Fast, simple qualifying and closing! Enjoy beautiful and fun Riverfront living within a short few blocks to PSU, Keller Auditorium and Waterfront Park.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story, Common Wall
  • Year Built: 1986
  • Stories: 1
  • Living Area: 768 SqFt

Listing Office:

  • Office Name: Craig Foster Realty, Worldrelo Inc.
  • Office Email: craigfoster@comcast.net
  • Listing Agent: Craig Foster, 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, River, Territorial
  • Exterior: Covered Deck, Deck, Fence, Garden, Security Lights

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lincoln High School, Public District Grades 9-12
  • West Sylvan Middle School, Public District Grades 6-8
  • Chapman Elementary School, Public District Grades KG-5

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $374,500
  • Price Per SqFt: $488/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.

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Portland, OR

City

Med. Sold Price

$537.4K

Med. Price/SqFt

$315

Avg. Days On Market

36

# of Sold Homes

774

1616 S Harbor Way Unit 505 vs Portland

253 DAYS ON ROCKET

+217 Days

$374,500

-$162.9K Less

$488/SqFt

+$173 More

KEY TAKEAWAY

This property is $162.9K less than the Median Sold Price and $173/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: #23513624

Listing Office:

  • Office Name: Craig Foster Realty, Worldrelo Inc.
  • Office Email: craigfoster@comcast.net
  • Listing Agent: Craig Foster, 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: 5/14/2024, 5:20:36 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

$2,573

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,189

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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-275337
6
/10

  • Chapman Elementary School

  • 1445 NW 26th Ave

  • 2.16 miles

  • Public District Grades KG-5

Middle School

school-card-donut-275338
6
/10

  • West Sylvan Middle School

  • 8111 SW West Slope Dr

  • 4.19 miles

  • Public District Grades 6-8

High School

school-card-donut-275339
7
/10

  • Lincoln High School

  • 1600 SW Salmon St

  • 0.89 miles

  • Public District Grades 9-12

All data from GreatSchools

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. Most residents in this area have post secondary degree education.

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 $374,500.

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 are the assigned schools for this property?

The assigned schools for 1616 S Harbor Way Unit 505 are:
Chapman Elementary School: GreatSchools Rating 6/10
West Sylvan Middle School: GreatSchools Rating 6/10
Lincoln High School: GreatSchools Rating 7/10

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 September 04, 2023 and is currently priced at $374,500.

While more than 338 listings in Portland, OR in April 2024 were sold above asking price, there were more than 166 listings sold at asking price, and more than 270 were sold below. Between March 2024 and April 2024, Portland, OR real estate market has seen increase in the number of listings by 19.3%. In April 2024 median list price was $537,475 and the average listing age was 36 days.

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

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