4525 NE 118th Ave Portland, OR 97220
Parkrose NeighborhoodEstimated payment $1,887/month
Highlights
- Wood Flooring
- No HOA
- Double Pane Windows
- Private Yard
- Wood Frame Window
- Tile Countertops
About This Home
Smart catch that is perfect for investment or starter home! Move in ready 2 bedroom 1 bath in Parkrose! The home features wood floors and a nice open floor plan with living, dining and kitchen all flowing seamlessly together. The kitchen is refreshed with concrete counters, tile accents and flooring. Brand new roof and gutters, plus newer furnace and all new plumbing throughout. Enjoy privacy in the large, fully fenced backyard equipped with fire pit and raised garden beds perfect for relaxing, gardening or gathering. Located on an oversized lot with a ton of off-street parking and close to transportation, PDX, I-205, I-84 and just hop over the river to Vancouver. [Home Energy Score = 1. HES Report at
Listing Agent
Portland Digs Brokerage Phone: 503-239-7400 License #980700157 Listed on: 08/15/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,043
Year Built
- Built in 1954
Lot Details
- 3,920 Sq Ft Lot
- Fenced
- Level Lot
- Private Yard
- Garden
Home Design
- Shingle Roof
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 754 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Vinyl Clad Windows
- Wood Frame Window
- Family Room
- Living Room
- Dining Room
- Crawl Space
- Tile Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Driveway
- On-Street Parking
Accessible Home Design
- Accessibility Features
- Level Entry For Accessibility
Schools
- Prescott Elementary School
- Parkrose Middle School
- Parkrose High School
Utilities
- No Cooling
- Forced Air Heating System
- Electric Water Heater
Additional Features
- Green Certified Home
- Fire Pit
Community Details
- No Home Owners Association
- Parkrose Subdivision
Listing and Financial Details
- Assessor Parcel Number R265760
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,043 | $90,350 | -- | -- |
| 2023 | $1,959 | $87,720 | $0 | $0 |
| 2022 | $1,921 | $85,170 | $0 | $0 |
| 2021 | $1,888 | $82,690 | $0 | $0 |
| 2020 | $1,753 | $80,290 | $0 | $0 |
| 2019 | $1,659 | $77,960 | $0 | $0 |
| 2018 | $1,603 | $75,690 | $0 | $0 |
| 2017 | $1,545 | $73,490 | $0 | $0 |
| 2016 | $1,491 | $71,350 | $0 | $0 |
| 2015 | $1,462 | $69,280 | $0 | $0 |
| 2014 | $1,432 | $67,270 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2025 09/17/25 | Pending | -- | -- | -- |
| 09/14/2025 09/14/25 | For Sale | $325,000 | 0.0% | $431 / Sq Ft |
| 09/05/2025 09/05/25 | Pending | -- | -- | -- |
| 08/27/2025 08/27/25 | Price Changed | $325,000 | -7.1% | $431 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $350,000 | +45.8% | $464 / Sq Ft |
| 04/25/2018 04/25/18 | Sold | $240,000 | +11.1% | $318 / Sq Ft |
| 03/25/2018 03/25/18 | Pending | -- | -- | -- |
| 03/18/2018 03/18/18 | For Sale | $216,000 | -- | $286 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | Old Republic Title Co | |
| Warranty Deed | $174,000 | Lawyers Title Ins | |
| Warranty Deed | $129,375 | Lawyers Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,000 | New Conventional | |
| Previous Owner | $174,580 | FHA | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $139,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $40,000 | Unknown | |
| Previous Owner | $122,900 | Fannie Mae Freddie Mac | |
| Previous Owner | $86,000 | Credit Line Revolving |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 272993137
APN: R265760
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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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