408 NW 12TH AVE 506Portland, OR 97209

408 NW 12TH AVE 506,  Portland, OR, OR 97209
  1 bed / 1.0 baths | 1,221 sq ft
Mckenzie Lofts. East facing 5th floor updated loft. Entire wall of east facing industrial style windows frame beautiful sunrise & twilight skies. High ceilings; Hardwood floors; remodeled kitchen. Could easily accommodate a partitioned second bedroom. Custom built-in closet, pantry and storage. Located in the Heart of the Pearl just steps to boutique shops, markets and some of Portland's favorite restaurants! Secure garage/parking space & storage come with the unit.




Phone: 503-282-5572


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Daily 97209 Housing Report

Basics:

  • List Price: $615,000
  • Listing Status: Active
  • Days on Market: 3 days (Listed on 07-22-2022)
  • MLS Number: 22065522
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  • Original List Price: $615,000
  • Terms: Cash,Conventional
  • Price Per Square Foot: $504
  • Short Sale Y/N: No
  • Third Party Approval Y/N: No
  • Bank Owned (Foreclosure) Y/N: No

Schools & Location:

  • Street Address: 408 NW 12TH AVE 506 #506Portland, OR 97209
  • Elementary School: Chapman
  • Middle School: West Sylvan
  • High School: Lincoln
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  • County: Multnomah
  • Area: Portland NW/ SW/ S, Raleigh Hills
  • Latitude: 45.526162000000
  • Longitude: -122.682969000000
  • Legal Description: MCKENZIE LOFTS CONDOMINIUMS, LOT 506

Interior Details:

  • Calculated Square Footage: 1,221, Source: tax rec
  • Master Bedroom Level: Main
  • Interior Features: Garage Door Opener,Hardwood Floors,High Ceilings,Elevator
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  • Dining Room Features: Hardwood Floors
  • Kitchen Appliances: Microwave,Dishwasher,Disposal,Island,Free-Standing Range,Free-Standing Refrigerator,Granite
  • Living Room Features: Balcony,Hardwood Floors
  • Bedrooms & Bathrooms: 1 / 1.0
  • ADA Accessibility Y/N: Yes
  • ADA Accessibility Description: One Level,Accessible Elevator Installed
  • Approximate Total Square Footage: 1221

Property Taxes, Zoning, HOA & CCR's:

  • Property Tax Amount: 8,810
  • HOA Y/N, Fees: Yes, $ / Monthly
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  • CC&R's Y/N (Covenants Conditions & Restrictions): Yes
  • Tax ID #1: R215476, ,

Lot Details:

  • View: City
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  • Property Type: Condominium
  • Property Category: Residential
  • Roof Description: Flat
  • Subdivision: PEARL DISTRICT / MCKENZIE

Utilities:

  • Heating: Forced Air, Electricity
  • Cooling: Central Air
  • Hot Water: Electricity
  • Water & Sewer: Public Water Water, Public Sewer
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  • Green Energy Y/N: No

Construction:

  • Style: Loft
  • Stories: 1
  • Exterior Description: Brick
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  • Parking Spaces: 1
  • Garage Type: Attached
  • Property Type: Residential, Condominium
  • Year Built: 1998 /

Data Courtesy of: Regional Multiple Listing Service, Inc. | Listing Office: The Agency, Inc




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Daily 97209 Housing Market Update for Sep 25th, 2022
As of Sunday, Sep 25th, 2022, in 97209 there are a total of 185 active residential homes for sale, 27 pending listings and 32 properties sold in the most recent 30 day period. The average list price for all active residential listings in 97209 is $686,682, while the average asking price for properties new on market in the last 30 days is $684,455. Residential homes for sale in 97209 sold at an average price of $449,653 while newly listed properties came in higher on average, at $684,455.


New listings in 97209 are outpacing sold properties. For the most recent 30 day period, 32 properties sold and 64 came on the market. In summary, new listings outpaced sales by 32. As a point of reference, in the month prior, there were 34 sold 97209 residential listings while 47 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 27) because an increase in pending sales may offset an increase in new listing inventory.

*A zero result on the above 97209 graph means that no properties sold in the respective price range during the month indicated.