NOT LISTED FOR SALE

4525 SW 53rd Ave Portland, OR 97221

Bridlemile Neighborhood

Estimated Value: $1,188,000 - $1,755,000

5 Beds
5 Baths
3,462 Sq Ft
$420/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $1,625,000 $469 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $9,162/month

5 Days on Market

Highlights

  • New Construction
  • Heated Floors
  • Corner Lot
  • Bridlemile Elementary School Rated A-
  • 2 Fireplaces
  • High Ceiling

About This Home

As of January 2022

Modern & beautiful New Construction by Delson Design renowned Street of Dreams Designer & built with attention to details & special features. Superb location, main level bedroom with full bath, Den and spacious creative living areas. Kitchen with walk-in prep area, built-in décor refrigerator & 6 burner double oven! eating bar, wine cooler... Primary bedroom is a retreat with free-standing soaking tub, heated floors & dressing room! High ceilings with 8' doors through out and so much more.

Last Agent to Sell the Property

Edward Petrossian

RE/MAX Equity Group License #891100084 Listed on: 01/05/2022

RE/MAX Equity Group

Last Buyer's Agent

Jordan Snook

Works Real Estate License #201242502

Works Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,728

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Private Yard

Parking

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

Home Design

  • Cement Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Dual Flush Toilets
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Natural Light
  • Double Pane Windows
  • Crawl Space
  • Quartz Countertops
  • Laundry Room

Flooring

  • Wood
  • Heated Floors
  • Tile

Home Security

  • Security Lights
  • Smart Thermostat

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors
  • Level Entry For Accessibility
  • Accessible Entrance
  • Minimal Steps
  • Accessible Pathway

Eco-Friendly Details

  • On Site Stormwater Management

Outdoor Features

  • Covered Deck
  • Patio
  • Porch

Utilities

  • Heat or Energy Recovery Ventilation System
  • Heating System Uses Gas
  • Tankless Water Heater
  • High Speed Internet

Listing and Financial Details

  • Builder Warranty

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,728

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Mid-Century Modern, NW Contemporary
  • Sq Ft Calculated: 3462
  • Sq Ft Approximate Total: 3462
  • Accessibility: Yes
  • Stories: 2
  • Warranty: Builder Warranty
  • Year Built: 2021
  • Property Condition: New Construction
  • Remarks Public: Modern & beautiful New Construction by Delson Design renowned Street of Dreams Designer & built with attention to details & special features. Superb location, main level bedroom with full bath, Den and spacious creative living areas. Kitchen with walk-in prep area, built-in décor refrigerator & 6 burner double oven! eating bar, wine cooler... Primary bedroom is a retreat with free-standing soaking tub, heated floors & dressing room! High ceilings with 8' doors through out and so much more.
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Certificate Occupancy Obtained: Yes
  • Title Insurance Paid By: Buyer
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 2019-242481-000-00R
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Accessible Entrance, Minimal Steps, Natural Lighting, Pathway, Accessible Doors, Accessible Hallway(s), Ground Level, Garage on Main, Main Floor Bedroom w/Bath, Accessible Full Bath
  • Additional Room Features: Closet Organizer, French Doors, Wall to Wall Carpet, High Ceilings, Double Closet, Wood Floors
  • Additional Rooms: 5th Bedroom, Den, 4th Bedroom
  • All Room Features: Bathroom, Built-in Refrigerator, Ceiling Fan(s), Closet Organizer, Deck, Dressing Room, Fireplace, French Doors, Gourmet Kitchen, Island, Kitchen/Dining Room Combo, Sliding Doors, Walk in Closet, Wall to Wall Carpet, High Ceilings, Double Closet, Soaking Tub, Wood Floors, Butler's Pantry, Closet, Quartz
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 4.1
  • Fireplace Description: Gas
  • Fireplaces: 2
  • Interior Amenities: Central Vacuum, Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Laundry, Tile Floor, High Ceilings, Quartz, Dual Flush Toilet, Heat Recovery Ventilator, Heated Tile Floor, Smart Thermostat
  • Kitchen Appliances: Microwave, Built-in Refrigerator, Dishwasher, Island, Double Oven, Butler's Pantry, Wine Cooler, Stainless Steel Appliance(s), Quartz, Free-Standing Gas Range, Range Hood, Pot Filler
  • Legal Description: PARTITION PLAT 2019-18, LOT 1
  • Sq Ft Main Level: 1881
  • Upper Level Sq Ft: 1581
  • Bedrooms: 5
  • Master Bedroom: Features: Ceiling Fan(s), Dressing Room, Fireplace, Walk in Closet, High Ceilings, Soaking Tub,On Level: Upper,Dimensions: 16x18
  • Bedroom 2: On Level: Main,Dimensions: 12x14
  • Bedroom 3: On Level: Upper,Dimensions: 11x13
  • Full Bathrooms: 4
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: Features: Deck, Kitchen/Dining Room Combo, Sliding Doors, High Ceilings, Wood Floors,On Level: Main,Dimensions: 13x12
  • Family Room: Features: Ceiling Fan(s), Fireplace, High Ceilings, Wood Floors,On Level: Main,Dimensions: 17x16
  • Living Room: Features: High Ceilings, Wood Floors,On Level: Main,Dimensions: 17x13
  • Kitchen: Features: Built-in Refrigerator, Gourmet Kitchen, Island, Wood Floors, Butler's Pantry, Quartz,On Level: Main,Dimensions: 15x17
  • Additional Room 1: Description: 4th Bedroom,Features: Closet Organizer, Wall to Wall Carpet, High Ceilings, Double Closet,On Level: Upper,Dimensions: 12x13
  • Additional Room 2: Description: 5th Bedroom,Features: Closet Organizer, Wall to Wall Carpet, Double Closet,On Level: Upper,Dimensions: 11x12
  • Additional Room 3: Description: Den,Features: French Doors, High Ceilings, Wood Floors,On Level: Main,Dimensions: 10x11
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 5
  • Bathrooms Upper Level Full: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Stone, Cement Siding
  • Exterior Features: Fenced, Patio, Porch, Sprinkler, Yard, Covered Deck, On Site Stormwater Management
  • Lot Size: 5K-6,999SF
  • Lot Dimensions: 6,100 s.f.
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless, ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: EnergyStar Air Conditioning
  • Heating Description: Zoned, ENERGY STAR Qualified Equipment, Forced Air - 90%
  • Internet Service Type: Cable
  • Security: Security Lights

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Bridlemile
  • Middle School: Robert Gray
  • High School: Ida B Wells

Lot Info

  • Lot Description: Corner Lot, Level
  • Acres: 0.14
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 2512.40
  • Assessor Parcel Number: R697777
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Bridlemile
  • High School: Ida B Wells
  • Middle School: Robert Gray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jan 24, 2022
Sold by
Aurica Banica
Bought by
Price Adam and Price Kaori
Seller's Agent
Edward Petrossian
RE/MAX Equity Group
Buyer's Agent
Jordan Snook
Works Real Estate
List Price
$1,575,000
Sold Price
$1,625,000
Premium/Discount to List
$50,000
3.17%
Current Estimated Value
$1,425,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,416
Avg. Annual Appreciation
-3.07%
Source: Public Records

Range of Values:

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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
Price Adam $1,625,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $1,625,000 +3.2% $469 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $1,575,000 -- $455 / 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
2023 $16,728 $631,880 $0 $0
2022 $16,366 $613,470 $0 $0
2021 $2,739 $101,400 $0 $0
2020 $2,512 $98,447 $0 $0
2019 $2,115 $83,540 $0 $0
2018 $4,248 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Edward Petrossian

    RE/MAX

    Section Image

  • J

    Buyer's Agent in 2022

    Jordan Snook

    Works Real Estate

    (503) 830-4135

    1 in this area

    51 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22133788

Regional Multiple Listing Service (RMLS)

APN: R697777

Oregon Multnomah County Portland 97221 Bridlemile

4525 SW 53rd Ave, Portland, OR

This home is located at 4525 SW 53rd Ave, Portland, OR 97221 since 05 January 2022 and is currently estimated at $1,453,594, approximately $419 per square foot. This property was built in 2021. 4525 SW 53rd Ave is a home located in Multnomah County with nearby schools including Bridlemile Elementary School, Robert Gray Middle School, and Ida B. Wells-Barnett 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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