See Home Value
$847,866*
House - Off Market

404 N LOTUS ISLE DR

Portland, OR 97217
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2358 Sqft
$656,000 - $800,000
Reference Base Price*
16.47%
Since Feb 1, 2021
OR-Portland
Primary Model
Sold Mar 03, 2021
$675,500
$540,400 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2051
Sold Jun 14, 2000
$475,000
$332,500 by Eykis Financial Services Inc
Mortgage Due Jul 01, 2030

About This Property

Waterfront home with private dock and unobstructed views of the Columbia River. Light pours in through the windows and skylights. Extremely high vaulted ceilings add to the airy atmosphere and open plan. This home is the perfect blend of "good bones" in a spectacular location within the gated community of Lotus Isle. Garage holds 3 cars and opens to the river side. Enclosed sun porch is warm and inviting in the winter and has A/C for the summer. Click virtual tour for more photos.

The manager has listed the unit size as 2358 square feet.
Unit Size
2,358Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$309
Property Type
House
Property Taxes
$11,823
HOA Dues
$18
Year Built
1991

Price History

Date / Event Date Event Price
Mar 3, 2021 Sold to Alphonse Schacher $675,500
Sold to Alphonse Schacher
Jan 23, 2021 No longer available -
No longer available
Dec 19, 2020 Relisted $728,000
Relisted
Dec 11, 2020 No longer available -
No longer available
Dec 4, 2020 Listed $728,000
Listed
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Building Style: Unknown
  • Exterior Walls Type: Combination
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 790
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,474
  • Total Building Area: 3,148
  • Gross Building Area: 3,276
  • Building Area: 2,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,358
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOTUS ISLE
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTUS ISLE, BLOCK 1, LOT 18

Ownership

  • Current Owner : SCHACHER ALPHONSE
  • Previous Owner : MCKILLIP NORMA FAYE
  • Owner Before Previous Owner: FRANCIS MICHAEL M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 007201

Zoning

  • Zoning: R7

Geography

  • Account Number: R510700550
  • Parcel: R208840
  • Block: 1
  • Lot: 18
  • Meridian: SEC 34 TWN 02N RNG 01E
  • Latitude: 45.6065
  • Longitude: -122.672

    Address

  • Full Address: 404 N Lotus Isle Dr
  • Address - House Number: 404
  • Street Direction: N
  • Address - Street Name: Lotus Isle
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Portland
  • Carrier Code: C047
  • 4-Digit Zip Code: 8074
  • Zip Code: 97217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,289
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1502
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 763,500
  • High Value: 878,200
  • Low Value: 648,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,400
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 03, 2021
  • First Open Lien Mortgage Loan Amount: $540,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $769,150
  • Market Land Value: $367,500
  • Market Improvement Value: $401,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $692,900

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11823580268
  • Current Sale Price: $675,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-036092
  • Previous Sale Recording Date: Jun 14, 2000
  • Previous Sale Contract Date: Jun 01, 2000
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 03, 2021
  • First Mortgage Loan Amount: $540,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EYKIS FINANCIAL SERVICES INC
  • Previous Mortgage Transaction Date: Jun 14, 2000
  • Previous Mortgage Loan Amount: $332,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2030



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,526 ft²
$304/ft²
$769,000 Jul 27, 2023
-
$1,423/mo
Other
Loft
2 Baths
1,647 ft²
$394/ft²
$649,000 Jun 1, 2023
-
$834/mo

About North Portland


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Nearby Rentals

Unit for rent at

$1,995 /mo

  • 2 Beds
  • 1 Bath
  • 720 ft²
Listing by Manager
Unit for rent at

$1,895 /mo

  • 2 Beds
  • 1 Bath
  • 875 ft²
Listing by Manager
Unit for rent at

$2,145 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
Listing by Manager


Frequently Asked Questions

When was property at 404 North Lotus Isle Drive built and last sold?
The property at 404 North Lotus Isle Drive was built in 1991 and last sold on Feb 26, 2021 for $675,500.
How much is this home worth?
The estimated value of the home located at 404 North Lotus Isle Drive is $732,621.
What are some comparable homes to 404 North Lotus Isle Drive?
There are currently no comparable homes to 404 North Lotus Isle Drive.

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