Seller's Agent in 2023
Allison Ellermeier
Neighbors Realty
(971) 322-5502
3 in this area
110 Total Sales
4911 SE 48th Ave Portland, OR 97206
Woodstock NeighborhoodEstimated Value: $652,000 - $896,000
2
Beds
3
Baths
2,766
Sq Ft
$284/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Level Lot
- 5-minute walk to Woodstock Park Playground
- Cleveland High School Rated A-
About This Home
As of October 2023Wonderstruck in Woodstock! This darling bungalow AND charming craftsman cottage on an extra deep lot offer endless possibilities. Nearly every system of this classical Portland bungalow has been updated - windows, furnace, AC, roof, interior + exterior paint and so much more. The primary bedroom and bathroom are on the main floor, while offering 2 bedrooms and a full bathroom (with a tub!) upstairs. Fully fenced, private backyard and off-street parking. The custom built, fully permitted cottage was the most popular ADU on the 2016 Portland ADU Tour. Nestled in an enchanting, private fenced-in yard, this classic cottage is flooded with natural light and efficient living. Designed with intention, you?ll find an open kitchen, mezzanine office, hardwood floors, high ceilings and 24 windows throughout. Established low-maintenance yard with irrigation system - and pending Backyard Habitat Certification! Blocks to Woodstock Park, Elementary School and shops, including New Seasons, Ottos Sausage + Ace Hardware. Live in the cottage and build your investment portfolio by renting out the main house on the same property. Or live in the main house and turn the cottage into a home for your in-laws, a short-term or long-term rental! Open Saturday October 7 1-3 & Sunday October 8 1-3
Last Agent to Sell the Property
Neighbors Realty Brokerage Phone: 503-444-3998 License #201207566 Listed on: 10/06/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,905
Year Built
- Built in 1927 | Remodeled
Lot Details
- Level Lot
Parking
- Paved Parking
Home Design
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 2,766 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
Schools
- Woodstock Elementary School
- Lane Middle School
- Cleveland High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Rent includes trashcollection
- Assessor Parcel Number R195486
Community Details
Overview
- 2 Units
- Woodstock Subdivision
Building Details
- Operating Expense $10,614
- Gross Income $30,000
- Net Operating Income $28,220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2014
Sold by
Ralls Denise R
Bought by
Eliot Susan
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,577
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 26, 2002
Sold by
Ralls Denise R
Bought by
Ralls Denise R and Denise R Ralls Revocable Living Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eliot Susan | $257,450 | Wfg Title | |
| Ralls Denise R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eliot Susan | $50,000 | |
| Open | Eliot Susan | $440,000 | |
| Closed | Eliot Susan | $355,000 | |
| Closed | Eliot Susan | $350,000 | |
| Closed | Eliot Susan | $244,577 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2023 10/25/23 | Sold | $843,000 | -0.8% | $305 / Sq Ft |
| 10/09/2023 10/09/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | For Sale | $850,000 | -- | $307 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $8,403 | $314,080 | -- | -- |
| 2023 | $8,080 | $304,940 | $0 | $0 |
| 2022 | $7,905 | $296,060 | $0 | $0 |
| 2021 | $7,772 | $287,440 | $0 | $0 |
| 2020 | $7,129 | $279,070 | $0 | $0 |
| 2019 | $6,867 | $270,950 | $0 | $0 |
| 2018 | $6,665 | $263,060 | $0 | $0 |
| 2017 | $6,388 | $255,400 | $0 | $0 |
| 2016 | $5,847 | $247,970 | $0 | $0 |
| 2015 | $3,295 | $139,330 | $0 | $0 |
| 2014 | $3,245 | $135,280 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Allison Ellermeier
-
William Wong
W
Buyer's Agent in 2023
William Wong
Inhabit Real Estate
(503) 719-5588
2 in this area
60 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23030183
APN: R195486
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.
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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