$255,000
SOLD AUG 11, 2025
1 Bed
1 Bath
1,332 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

7% Below List Price

153 Days on Market

Highlights

  • No HOA
  • Living Room
  • Family Room
  • Rieke Elementary School Rated A-
  • Dining Room
  • 2-minute walk to Fulton Park

About This Home

As of August 2025

This home is located at 7224 SW 3rd Ave, Portland, OR 97219 and is currently priced at $255,000, approximately $191 per square foot. This property was built in 1908. 7224 SW 3rd Ave is a home located in Multnomah County with nearby schools including Rieke Elementary School, Robert Gray Middle School, and Ida B. Wells-Barnett High School.

Last Agent to Sell the Property

Jasmine Pham

HomeTrust Real Estate License #990600113 Listed on: 02/13/2025

Last Buyer's Agent

Christina Peirsol

Keller Williams Realty Portland Elite License #201252235

Keller Williams Realty Portland Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,249

Year Built

  • Built in 1908

Lot Details

  • 5,227 Sq Ft Lot

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Rieke Elementary School
  • Robert Gray Middle School
  • Ida B Wells High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R166906

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,249

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1908
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Other
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Other
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Disclosures: Exempt
  • Home Warranty: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Other
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Rieke
  • High School: Ida B Wells
  • Middle Or Junior School: Robert Gray

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R166906

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5248.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2006
Sold by
Rutherford Shaunna J
Bought by
Rutherford Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Rutherford Robert A
Bought by
Rutherford Robert A and Rutherford Shaunna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,800
Interest Rate
5.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Lawyers Title Ins
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $486,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $148,000 Purchase Money Mortgage
Previous Owner $125,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner $7,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Sold $255,000 -2.0% $191 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
07/04/2025 07/04/25 Price Changed $260,100 -5.3% $195 / Sq Ft
06/18/2025 06/18/25 For Sale $274,550 0.0% $206 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $274,550 0.0% $206 / Sq Ft
06/04/2025 06/04/25 Price Changed $274,500 -5.0% $206 / Sq Ft
05/16/2025 05/16/25 Price Changed $289,000 -11.0% $217 / Sq Ft
05/06/2025 05/06/25 Price Changed $324,900 -6.7% $244 / Sq Ft
04/14/2025 04/14/25 Price Changed $348,300 -5.3% $261 / Sq Ft
03/14/2025 03/14/25 Price Changed $367,650 -5.0% $276 / Sq Ft
02/13/2025 02/13/25 For Sale $387,000 -- $291 / 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 $5,249 $196,350 -- --
2023 $5,249 $190,640 $0 $0
2022 $4,938 $185,090 $0 $0
2021 $4,854 $179,700 $0 $0
2020 $4,453 $174,470 $0 $0
2019 $4,289 $169,390 $0 $0
2018 $4,163 $164,460 $0 $0
2017 $3,990 $159,670 $0 $0
2016 $3,651 $155,020 $0 $0
2015 $3,555 $150,510 $0 $0
2014 $3,502 $146,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 496966023

Regional Multiple Listing Service (RMLS)

APN: R166906