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1800 Southwest 1st Avenue

1800 Southwest 1st Avenue, Portland, OR 97201
Commercial in Downtown Portland
Local assessors in Portland, OR have categorized 1800 Southwest 1st Avenue as a commercial type of property. The home was built in 1975 and is 49 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 59,807 square feet. This is a 6 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1800 Southwest 1st Avenue has a total of 193,613 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with steel control joints. The building has a sawtooth style roof that was made of asphalt and ply sheets in a built-up roof style. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1800 Southwest 1st Avenue was last sold in Jan 24, 2020 for $52,800,000. According to our calculations, that's $272.71 per sqft. Prior to that sales transaction, the property was sold for $318,500 in Apr 10, 1995. Current property owners are expected to pay $536,051 in taxes per year. The property on 1800 Southwest 1st Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $20,390,510. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190117
01/17/2019
Studio
-
700 ft²
$49,000
bedrooms
Studio
bathrooms
-
square feet
700 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Steel
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Built-up
  • Floor Count: 6
  • Basement Type: Unspecified basement
  • Basement Area: 84,980
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 59,807
  • Total Building Area: 193,613
  • Gross Building Area: 193,613
  • Building Area: 193,613
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 193,613
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: SOUTH AUDITORIUM ADD
  • Land Acres: 1.373
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SOUTH AUDITORIUM ADD, BLOCK I TL 100

Ownership

  • Current Owner : GVI LC HARRISON SQUARE OWNER LP
  • Previous Owner : HARRISON SQUARE LLC
  • Owner Before Previous Owner: SOUTHERN PACIFIC TRANSPORTATION COMPANY
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 005702

Zoning

  • Zoning: CXD

Geography

  • Account Number: R777503010
  • Parcel: R272240
  • Block: I
  • Meridian: SEC 03 TWN 01S RNG 01E
  • Latitude: 45.5101
  • Longitude: -122.677

    Address

  • Full Address: 1800 Sw 1st Ave
  • Address - House Number: 1800
  • Street Direction: SW
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C007
  • 4-Digit Zip Code: 5333
  • Zip Code: 97201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $536,051
  • Tax Rate Code Area: 709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $41,391,000
  • First Open Lien Mortgage Lender: GIM COMMERICAL MORTGAGE LOAN F
  • First Open Lien Mortgage Recording Date: Jan 24, 2020
  • First Open Lien Mortgage Loan Amount: $41,391,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $32,389,580
  • Market Land Value: $11,594,190
  • Market Improvement Value: $20,795,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,390,510

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Transaction ID: 11719380782
  • Current Sale Price: $52,800,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020-009160
  • Previous Sale Recording Date: Apr 14, 1995
  • Previous Sale Contract Date: Apr 10, 1995
  • Previous Sale Amount: $318,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GIM COMMERICAL MORTGAGE LOAN F
  • First Mortgage Transaction Date: Jan 24, 2020
  • First Mortgage Loan Amount: $41,391,000
  • First Mortgage Loan Type: Commercial

About Neighbors West - Northwest



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Frequently Asked Questions

What neighborhood is 1800 Southwest 1st Avenue located in?
The 1800 Southwest 1st Avenue is a commercial located in the neighborhood of Downtown Portland in Neighbors West - Northwest, Portland.
What is the average sales price for listings in 1800 Southwest 1st Avenue?
The average sales price for units in 1800 Southwest 1st Avenue is $0 currently.

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