NOT LISTED FOR SALE

2925 SW Ridgewood Ave Portland, OR 97225

Estimated Value: $1,106,000 - $1,706,000

5 Beds
5 Baths
4,218 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $1,400,000 $332 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,697/month

4 Days on Market

Highlights

  • Basketball Court
  • Deck
  • Wood Flooring
  • Bridlemile Elementary School Rated A-
  • Wooded Lot
  • 1 Fireplace

About This Home

As of May 2021

Brokers Open: 12pm-2pm, Tuesday April 6th. This Fully remodeled 5 bedroom and 5 bathroom home sits on a stunning double lot. The high ceilings and open floorplan make it an entertainer's dream. The very well appointed daylight basement which includes a bonus room, bathroom and a bedroom. The grand outdoor space has a large level lawn area, play structure, basketball court and fire pit. All 5 of the bedrooms are a great size with a oversized master bedroom and large walk in closet.

Last Agent to Sell the Property

Alyson Austin

Madison Street Realty License #200610156 Listed on: 04/05/2021

Co-Listed By

Amanda Coen

Stratum License #200312147

Last Buyer's Agent

Cary Perkins

Windermere Realty Trust License #980600122

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,166

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • Gentle Sloping Lot
  • Sprinkler System
  • Wooded Lot
  • Landscaped with Trees
  • Private Yard
  • Garden

Parking

  • Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3-Story Property
  • High Ceiling
  • 1 Fireplace
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Basketball Court
  • Sport Court
  • Deck
  • Patio
  • Fire Pit
  • Porch

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,166

Year Built

Built in 1952 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Custom Style
  • Sq Ft Calculated: 3200
  • Sq Ft Approximate Total: 4218
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 1952
  • Property Condition: Updated/Remodeled
  • Remarks Public: Brokers Open: 12pm-2pm, Tuesday April 6th. This Fully remodeled 5 bedroom and 5 bathroom home sits on a stunning double lot. The high ceilings and open floorplan make it an entertainer's dream. The very well appointed daylight basement which includes a bonus room, bathroom and a bedroom. The grand outdoor space has a large level lawn area, play structure, basketball court and fire pit. All 5 of the bedrooms are a great size with a oversized master bedroom and large walk in closet.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Garage on Main
  • Additional Rooms: 5th Bedroom, 4th Bedroom
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 5.0
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener, Laundry, Wall to Wall Carpet, High Ceilings, Wood Floors, Granite, 3rd Floor
  • Kitchen Appliances: Dishwasher, Island, Pantry, Built-in Oven, Double Oven, Granite
  • Legal Description: WEST FIR, BLOCK 2, LOT 3 & PTS 2,4
  • Sq Ft Lower Level: 1018
  • Sq Ft Main Level: 1700
  • Upper Level Sq Ft: 1500
  • Bedrooms: 5
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 5
  • Basement: Daylight, Finished, Full Basement
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 4th Bedroom,On Level: Main
  • Additional Room 2: Description: 5th Bedroom,On Level: Lower
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 5
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Wood Composite, Wood Siding
  • Exterior Features: Deck, Garden, Patio, Porch, Sprinkler, Athletic Court, Yard, Basketball Court, Fire Pit
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • View: Park/Greenbelt, Trees/Woods
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Heat Pump, Forced Air - 90%

Schools

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

Lot Info

  • Lot Description: Private, Trees, Wooded, Gentle Sloping
  • Acres: 0.60

Tax Info

  • Tax Amount: 8891.99
  • Assessor Parcel Number: R0089905
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Downey Jason A and Downey Melissa J
Current Estimated Value
$1,418,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,154
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2009
Sold by
Reeves Jerry C
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 27, 2007
Sold by
Moore Elizabeth A and Salter Elizabeth A Moore
Bought by
Reeves Jerry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,940
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Salter Ted and Salter Elizabeth A Moore
Bought by
Salter Elizabeth A Moore

Purchase Details

Closed on
Nov 19, 2004
Sold by
Mater James Lee and Mater Brana W
Bought by
Salter Ted and Salter Elizabeth A Moore
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
Downey Jason A $352,540 Stewart Title
Federal Home Loan Mortgage Corp $369,859 Accommodation
Reeves Jerry C $412,425 Transnation Title Agency Or
Salter Elizabeth A Moore -- Ticor Title Insurance Compan
Salter Ted $264,900 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downey Jason A $150,000
Open Downey Jason A $647,900
Closed Downey Jason A $653,500
Closed Downey Jason A $100,125
Closed Downey Jason A $546,000
Closed Downey Jason A $538,900
Closed Downey Jason A $346,154
Previous Owner Reeves Jerry C $329,940
Previous Owner Moore Elizabeth $327,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Sold $1,400,000 +5.7% $332 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $1,325,000 -- $314 / 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
2025 $11,166 $563,410 -- --
2024 $10,586 $547,000 -- --
2023 $10,586 $531,070 $0 $0
2022 $10,159 $531,070 $0 $0
2021 $9,652 $488,240 $0 $0
2020 $9,396 $474,020 $0 $0
2019 $8,892 $447,120 $0 $0
2018 $8,593 $434,100 $0 $0
2017 $8,246 $421,460 $0 $0
2016 $7,457 $409,190 $0 $0
2015 $7,177 $397,280 $0 $0
2014 $7,013 $385,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21291295

Regional Multiple Listing Service (RMLS)

APN: R0089905