NOT LISTED FOR SALE

2525 NE 48th Ave Portland, OR 97213

Grant Park Neighborhood

Estimated Value: $754,000 - $832,000

3 Beds
2 Baths
2,106 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $799,000 $379 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,711/month

Highlights

  • Heated Floors
  • 1 Fireplace
  • Wood Frame Window
  • Rose City Park Elementary Rated 10
  • Private Yard
  • Detached Garage

About This Home

As of July 2021

It's easy to appreciate the charm and character found in this NE Portland bungalow. From the welcoming front porch to classic built-in book shelves and timeless wood floors, this home hits all the high notes. For over 40 years the owners thoughtfully maintained and carefully updated both the major systems and minor details alike. Modern improvements include heated tile floors, built-in vacuum system, high efficiency furnace and A/C and brand new appliances. This is Portland perfection. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192424]

Last Agent to Sell the Property

Matt Lesher

Corcoran Prime License #200107170 Listed on: 06/22/2021

Co-Listed By

Sarah Burns

Collective Real Estate License #200705214

Last Buyer's Agent

Temara Presley

John L. Scott Portland Central License #200303135

John L. Scott Portland Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,899

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • Fenced
  • Level Lot
  • Private Yard
  • Property is zoned R5

Parking

  • Detached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • 1 Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Partially Finished Basement
  • Exterior Basement Entry
  • Storm Windows
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Heated Floors

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,899

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow
  • Sq Ft Calculated: 1540
  • Sq Ft Approximate Total: 2106
  • Stories: 3
  • Year Built: 1922
  • Property Condition: Updated/Remodeled
  • Remarks Public: It's easy to appreciate the charm and character found in this NE Portland bungalow. From the welcoming front porch to classic built-in book shelves and timeless wood floors, this home hits all the high notes. For over 40 years the owners thoughtfully maintained and carefully updated both the major systems and minor details alike. Modern improvements include heated tile floors, built-in vacuum system, high efficiency furnace and A/C and brand new appliances. This is Portland perfection. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192424]
  • Unreinforced Masonry Building: No
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • All Room Features: Bathroom, Bookcases, Dishwasher, Eating Area, Fireplace, Formal, Gas Appliances, Hardwood Floors, Exterior Entry, Walk in Closet, Wall to Wall Carpet
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Gas, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Central Vacuum, Hardwood Floors, Laundry, Wall to Wall Carpet, Wood Floors, Heated Tile Floor
  • Kitchen Appliances: Microwave, Dishwasher, Gas Appliances, Tile, Free-Standing Refrigerator, Stainless Steel Appliance(s), Free-Standing Gas Range
  • Legal Description: ROSE CITY PK, BLOCK 20, LOT 4
  • Sq Ft Lower Level: 566
  • Sq Ft Main Level: 1051
  • Upper Level Sq Ft: 489
  • Bedrooms: 3
  • Master Bedroom: Features: Bathroom, Walk in Closet, Wall to Wall Carpet,On Level: Upper,Dimensions: 17x12
  • Bedroom 2: On Level: Main,Dimensions: 12x10
  • Bedroom 3: On Level: Main,Dimensions: 12x11
  • Full Bathrooms: 2
  • Basement: Exterior Entry, Partially Finished
  • Dining Room: Features: Formal, Hardwood Floors,On Level: Main,Dimensions: 13x10
  • Family Room: On Level: Lower,Dimensions: 11x14
  • Living Room: Features: Bookcases, Fireplace, Hardwood Floors,On Level: Main,Dimensions: 13x16
  • Kitchen: Features: Dishwasher, Eating Area, Gas Appliances, Exterior Entry,On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Bathrooms Upper Level Full: 1
  • Window Features: Storm Window(s), Wood Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Exterior Features: Fenced, Yard
  • Lot Size: 5K-6,999SF
  • Lot Dimensions: 50' x 100'
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air, Forced Air - 95+%
  • Internet Service Type: Cable, Other
  • Security: None

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Rose City Park
  • Middle School: Roseway Heights
  • High School: Leodis McDaniel

Lot Info

  • Lot Description: Level
  • Acres: 0.11
  • Zoning: R5
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 4
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10192424
  • Green Verification HES Year: 2021

Tax Info

  • Tax Amount: 5336.25
  • Assessor Parcel Number: R259248
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Rose City Park
  • High School: Leodis McDaniel
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 22, 2021
Sold by
Tarpo Rodney J and Tarpo Marianne L
Bought by
Elizabeth Tirapelle Claire
Seller's Agent
Matt Lesher
Corcoran Prime
Buyer's Agent
Temara Presley
John L. Scott Portland Central
List Price
$715,000
Sold Price
$799,000
Premium/Discount to List
$84,000
11.75%
Current Estimated Value
$782,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,563
Avg. Annual Appreciation
-0.49%
Original Mortgage
$548,250
Outstanding Balance
$497,907
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$284,530
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
Elizabeth Tirapelle Claire $799,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elizabeth Tirapelle Claire $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $799,000 +11.7% $379 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $715,000 -- $340 / 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 $6,899 $257,860 -- --
2023 $6,634 $250,350 $0 $0
2022 $6,490 $243,060 $0 $0
2021 $5,817 $215,140 $0 $0
2020 $5,336 $208,880 $0 $0
2019 $5,140 $202,800 $0 $0
2018 $4,989 $196,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Lesher

    Seller's Agent in 2021

    Matt Lesher

    Corcoran Prime

    (503) 703-6979

    1 in this area

    67 Total Sales

    Matt Lesher
    Section Image
  • Sarah Burns

    Seller Co-Listing Agent in 2021

    Sarah Burns

    Collective Real Estate

    (503) 680-8579

    1 in this area

    94 Total Sales

    Sarah Burns
    Section Image
  • Temara Presley

    Buyer's Agent in 2021

    Temara Presley

    John L. Scott Portland Central

    (503) 705-2546

    2 in this area

    226 Total Sales

    Temara Presley
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21135569

Regional Multiple Listing Service (RMLS)

APN: R259248

Oregon Multnomah County Portland 97213 Grant Park

2525 NE 48th Ave, Portland, OR

This home is located at 2525 NE 48th Ave, Portland, OR 97213 since 22 June 2021 and is currently estimated at $782,437, approximately $371 per square foot. This property was built in 1922. 2525 NE 48th Ave is a home located in Multnomah County with nearby schools including Rose City Park Elementary, Roseway Heights School, and Leodis V. McDaniel 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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