Check Availability

11545 Southwest Majestic Lane

11545 Southwest Majestic Lane, Portland, OR 97224
11545 Southwest Majestic Lane is a condo located in Bull Mountain, Portland.

Interested in learning more about the building? There are many great amenities and features for residents in the building. On weekends, residents can enjoy the building's patio. There are 5 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 114 days and tend to sell below the original asking price of $232,500 by 1.67%. Meaning, listings tend to sell at a median of $249 price per square foot. The transaction that took the longest to complete was unit 6, listed on Sep 16, 2022 for $300,000. This particular unit ultimately sold 178 days later for $290,000. The most recent transaction was for unit 6, which was first advertised on Sep 16, 2022, sold for $290,000 on Mar 13, 2023. Fun fact, the oldest transaction we have on record took place on May 09, 2013. See the full transaction history for 11545 Southwest Majestic Lane below.

Bull Mountain, where 11545 Southwest Majestic Lane is located, has a median asking price of $315,950 for condo buildings. Meanwhile, the building itself has a median asking price of $232,500. For interested buyers, that means the building's median asking price is around 0.26% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Siding
Wood Exterior
Brick Exterior

Parking

Off Street Parking
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230622 Unit 1
06/22/2023
1
1 Bed
1 Bath
608 ft²
$187,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
608 ft²
-
-
-
Sandra Gamble
MORE Realty
20220916 Unit 6
09/16/2022
6
2 Bed
1 Bath
965 ft²
$300,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
965 ft²
$290,000 -3.33%
03/13/2023
Lisa Hamilton
Hamilton Realty
20190613
06/13/2019
2 Bed
1 Bath
884 ft²
$170,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
884 ft²
$170,000
08/01/2019
Kirk Hansen

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Wood
  • Living Units: 80
  • Business/Commerical Units Count: 80
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 184,259
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AREA 2 APARTMENTS
  • Land Acres: 4.23
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Wildlife refuge
  • State Land Use Code: Wildlife refuge
  • Legal Description 1: ACRES 4.23

Ownership

  • Current Owner : FERN VALLEY PROPERTIES LLC
  • Previous Owner : PACIFIC NORTHWEST APARTMENTS LLC
  • Owner Before Previous Owner: WELLINGTON APARTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Tigard-Tualatin School District 23J
  • Census Tract: 031916

Zoning

  • Zoning: R-40

Geography

  • District: 57
  • Parcel: R489714
  • Meridian: SEC 10 TWN 02S RNG 01W
  • Municipality: TIGARD
  • Latitude: 45.4121
  • Longitude: -122.795

    Address

  • Full Address: 11545 Sw Beef Bend Rd
  • Address - House Number: 11545
  • Street Direction: SW
  • Address - Street Name: Beef Bend
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Portland
  • Carrier Code: C034
  • 4-Digit Zip Code: 2722
  • Zip Code: 97224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $115,659
  • Tax Rate Code Area: 023.74

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,350,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Oct 09, 2018
  • First Open Lien Mortgage Loan Amount: $6,350,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2033

    Market Valuation

  • Market Total Value: $22,290,380
  • Market Land Value: $2,080,000
  • Market Improvement Value: $20,210,380

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $6,767,880

    Sales

  • Current Sale Contract Date: Dec 08, 2008
  • Current Sale Recording Date: Dec 08, 2008
  • Current Sale Transaction ID: 11439412908
  • Current Sale Price: $7,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008-097290
  • Previous Sale Recording Date: Dec 21, 2007
  • Previous Sale Contract Date: Dec 14, 2007
  • Previous Sale Amount: $7,175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Dec 08, 2008
  • First Mortgage Loan Amount: $4,300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 01, 2039

    Financing

  • First Mortgage Financing Type: Variable

About Bull Mountain



Similar Buildings

Condo at 11545 Southwest Majestic Lane,

15478 Southwest 114th Court

  • 1 Unit for Sale
15478 Southwest 114th Court, Portland, OR 97224
Condo at 11545 Southwest Majestic Lane,

12071 Southwest Turnagain Drive

  • 1 Unit for Sale
12071 Southwest Turnagain Drive, Portland, OR 97224
Condo at 11545 Southwest Majestic Lane,

11525 Southwest Durham Road

  • 1 Unit for Sale
11525 Southwest Durham Road, Portland, OR 97224
Condo at 11545 Southwest Majestic Lane,

10865 Southwest Meadowbrook Drive

  • 1 Unit for Sale
10865 Southwest Meadowbrook Drive, Portland, OR 97224
Condo at 11545 Southwest Majestic Lane,

11992 Southwest Royalty Court

  • 3 Units for Sale
11992 Southwest Royalty Court, Portland, OR 97224
Condo at 11545 Southwest Majestic Lane,

16190 Southwest Royalty Parkway

  • 1 Unit for Sale
16190 Southwest Royalty Parkway, Portland, OR 97224
Condo at 11545 Southwest Majestic Lane,

16309 Southwest 113th Avenue

  • 1 Unit for Sale
16309 Southwest 113th Avenue, Portland, OR 97224
Condo at 11545 Southwest Majestic Lane,

11651 Southwest Royal Villa Drive

  • 1 Unit for Sale
11651 Southwest Royal Villa Drive, Portland, OR 97224

Nearby Rentals

Unit for rent at 17989 Sw 115th Ave, Tualatin, OR, 97062

$1,695 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,064 ft²
17989 Sw 115th Ave #17979 SW 115th Ave, #6, Tualatin, OR, 97062 Listing by Manager
Unit for rent at 14799 Sw 109th Avenue, TIGARD, OR, 97224

$1,675 /mo

  • 2 Beds
  • 2 Baths
  • 986 ft²
14799 Sw 109th Avenue #14765 SW 109TH AVE. APT# 01, TIGARD, OR, 97224 Listing by Manager
Unit for rent at 11200 Sw Greenburg Rd., Tigard, OR, 97223

$1,550 /mo

  • 2 Beds
  • 1 Bath
  • 870 ft²
11200 Sw Greenburg Rd. #11200 SW Greenburg Rd. # 44, Tigard, OR, 97223 Listing by Autumn Oaks Apartments
Unit for rent at 9800 Sw North Dakota St, Tigard, OR, 97223

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 827 ft²
9800 Sw North Dakota St #9780 SW North Dakota St, #2, Tigard, OR, 97223 Listing by Dakota Knoll Apartments - Come Home to Comfort
Unit for rent at 11445 Sw Greenburg Rd, Tigard, OR, 97223

$1,675 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,050 ft²
11445 Sw Greenburg Rd #11445 SW Greenburg Rd, #5, Tigard, OR, 97223 Listing by The Greenburg
Unit for rent at 11461-11549 Sw 98th Ave, Tigard, OR, 97223

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 780 ft²
11461-11549 Sw 98th Ave #11465 SW 98th Ave, Tigard, OR, 97223 Listing by Glacier Lily
Unit for rent at 11390 Sw Naeve St, Tigard, OR, 97224

$1,553 /mo

  • 1 Bed
  • 1 Bath
  • 652 ft²
11390 Sw Naeve St #11375 SW Naeve St, Tigard, OR, 97224 Listing by Pacific Ridge Apartments

Frequently Asked Questions

What neighborhood is 11545 Southwest Majestic Lane located in?
The 11545 Southwest Majestic Lane is a condo located in the neighborhood of Bull Mountain in Bull Mountain, Portland.
What is the average sales price for listings in 11545 Southwest Majestic Lane?
The average sales price for units in 11545 Southwest Majestic Lane is $232,500 , or $249/sqft. currently.

Quantcast