NOT LISTED FOR SALE

2448 SW Commonwealth Ave Portland, OR 97201

Southwest Hills Neighborhood

Estimated Value: $1,462,000 - $1,819,000

5 Beds
6 Baths
5,884 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $1,196,320 $203 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,891/month

183 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Wood Flooring
  • Ainsworth Elementary School Rated A-
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2020

City, mountain and river views from just about every room! Completely remodeled beautiful home on almost 1/4 acre with sought after 4 car garage! Open floor plan perfect for entertaining. Lots of decking on every level to enjoy the view. Not on stilts. Walk to downtown! Fabulous landscaping,greenhouse, water feature. 2 entrances, possible home office or guest quarters. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10124982]

Last Agent to Sell the Property

Catherine Fredette

John L. Scott License #790500170 Listed on: 02/24/2020

John L. Scott

Last Buyer's Agent

Erin Keys

Windermere Realty Trust License #201225407

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,320

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • Corner Lot
  • Private Yard
  • Garden

Parking

  • Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Cedar

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 3-Story Property
  • Vaulted Ceiling
  • 3 Fireplaces
  • Basement Fills Entire Space Under The House
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Patio
  • Outdoor Water Feature
  • Greenhouse

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,320

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional
  • Sq Ft Calculated: 3830
  • Sq Ft Approximate Total: 5884
  • Stories: 3
  • Year Built: 1989
  • Property Condition: Updated/Remodeled
  • Remarks Public: City, mountain and river views from just about every room! Completely remodeled beautiful home on almost 1/4 acre with sought after 4 car garage! Open floor plan perfect for entertaining. Lots of decking on every level to enjoy the view. Not on stilts. Walk to downtown! Fabulous landscaping,greenhouse, water feature. 2 entrances, possible home office or guest quarters. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10124982]
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Fireplace
  • Additional Rooms: Bonus Room, 4th Bedroom
  • All Room Features: Fireplace, Formal, Hardwood Floors, Vaulted Ceiling(s)
  • Lower Level Bathrooms: 1.1
  • Main Level Bathrooms: 0.2
  • Total Bathrooms: 3.3
  • Fireplace Description: Gas
  • Fireplaces: 3
  • Interior Amenities: Garage Door Opener, Hardwood Floors, Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, Jetted Tub
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Gas Appliances, Island, Built-in Oven, Wine Cooler, Stainless Steel Appliance(s), Range Hood
  • Legal Description: SEVENTH ST TERR, BLOCK 3, LOT 1-3 TL 11200
  • Sq Ft Lower Level: 2054
  • Sq Ft Main Level: 2283
  • Upper Level Sq Ft: 1547
  • Bedrooms: 5
  • Master Bedroom: Features: Vaulted Ceiling(s),On Level: Upper,Dimensions: 16x16
  • Bedroom 2: On Level: Upper,Dimensions: 12x13
  • Bedroom 3: On Level: Lower,Dimensions: 12x14
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement: Full Basement
  • Dining Room: Features: Formal, Hardwood Floors,On Level: Main,Dimensions: 11x14
  • Family Room: Features: Fireplace, Hardwood Floors,On Level: Main,Dimensions: 14x19
  • Living Room: Features: Fireplace, Hardwood Floors, Vaulted Ceiling(s),On Level: Main,Dimensions: 15x22
  • Kitchen: Features: Hardwood Floors,On Level: Main,Dimensions: 12x26
  • Additional Room 1: Description: Bonus Room,On Level: Lower,Dimensions: 20x21
  • Additional Room 2: Description: Bonus Room,Features: Fireplace,On Level: Lower,Dimensions: 15x20
  • Additional Room 3: Description: 4th Bedroom,On Level: Lower,Dimensions: 12x12
  • Bathrooms Lower Level Full: 1
  • Bathrooms Lower Level Partial: 1
  • Bathrooms Main Level Partial: 2
  • Total Bathrooms: 6
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Deck, Garden, Greenhouse, Patio, Water Feature, Yard
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: River, City, Mountain(s)
  • View: Yes
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Garage Type: Attached, Oversized
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Ainsworth
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Corner Lot
  • Acres: 0.23
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 1
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10124982
  • Green Verification HES Year: 2019

Tax Info

  • Tax Amount: 24731.71
  • Assessor Parcel Number: R268519
  • Tax Year: 2018

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Ainsworth
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Oct 1, 2020
Sold by
Reed Patricia M
Bought by
Elliott Wayde
Seller's Agent
Catherine Fredette
John L. Scott
Buyer's Agent
Erin Keys
Windermere Realty Trust
List Price
$195,000
Sold Price
$1,196,320
Premium/Discount to List
$1,001,320
513.5%
Total Days on Market
183
Current Estimated Value
$1,593,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,871
Avg. Annual Appreciation
6.43%
Original Mortgage
$957,056
Outstanding Balance
$870,850
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$752,778

Purchase Details

Closed on
Jul 2, 2013
Sold by
Reed Downtown Commercial Properties Llc
Bought by
Reed Timothy M and Reed Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2005
Sold by
Wirfs Donald
Bought by
Reed Downtown Commercial Properties Llc

Purchase Details

Closed on
Apr 27, 1998
Sold by
Wirfs Donald
Bought by
Wirfs Donald and Wirfs Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elliott Wayde $1,196,320 Wfg National Title
Reed Timothy M -- None Available
Reed Downtown Commercial Properties Llc $810,000 Lawyers Title Ins
Wirfs Donald -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Wayde $957,056
Previous Owner Reed Patricia Mae $1,000,000
Previous Owner Reed Timothy M $250,000
Previous Owner Wirfs Donald $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,196,320 -7.9% $203 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $1,299,000 -24.7% $221 / Sq Ft
07/27/2020 07/27/20 Price Changed $1,725,000 +784.6% $293 / Sq Ft
02/24/2020 02/24/20 For Sale $195,000 -- $33 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,320 $1,342,260 -- --
2023 $24,723 $1,303,170 $495,000 $808,170
2022 $25,000 $1,271,450 $0 $0
2021 $25,036 $1,271,450 $0 $0
2020 $23,283 $1,234,420 $0 $0
2019 $24,893 $1,198,470 $0 $0
2018 $24,732 $1,163,570 $0 $0
2017 $24,778 $1,129,680 $0 $0
2016 $21,153 $1,096,780 $0 $0
2015 $22,211 $1,064,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Catherine Fredette

    John L. Scott

    (503) 260-2626

    1 in this area

    9 Total Sales

    Catherine Fredette
    Section Image
  • Erin Keys

    Buyer's Agent in 2020

    Erin Keys

    Windermere Realty Trust

    (503) 927-4774

    2 in this area

    38 Total Sales

    Erin Keys
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20433461

Regional Multiple Listing Service (RMLS)

APN: R268519

Oregon Multnomah County Portland 97201 Southwest Hills

2448 SW Commonwealth Ave, Portland, OR

This home is located at 2448 SW Commonwealth Ave, Portland, OR 97201 since 24 February 2020 and is currently estimated at $1,593,191, approximately $270 per square foot. This property was built in 1989. 2448 SW Commonwealth Ave is a home located in Multnomah County with nearby schools including Ainsworth Elementary School, West Sylvan Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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