NOT LISTED FOR SALE

7494 SW 48th Ave Portland, OR 97219

Maplewood Neighborhood

Estimated Value: $709,000 - $890,521

4 Beds
3 Baths
2,220 Sq Ft
$352/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $540,000 $243 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,022/month

105 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • 0.53 Acre Lot
  • Wood Flooring
  • Maplewood Elementary School Rated 10
  • Secluded Lot
  • Private Yard

About This Home

As of November 2019

A secret garden in the heart of Multnomah Village & Maplewood neighborhood!! One of a kind property with 2 homes make this a great investment opportunity. One level Ranch w 3 Bed + 2 Baths plus detached ADU w/ full kitchen, bath, living room + bedroom. 1/2 acre lot surrounded by native landscaping, gardens & paths throughout. Neighborhood trail to Gabriel Park, Coffee, Schools & more. Zoned R7- buyer to do due diligence re: lot division [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10151794]

Last Agent to Sell the Property

Rick Brainard

Premiere Property Group, LLC License #201112098 Listed on: 07/08/2019

Premiere Property Group, LLC

Co-Listed By

Katharine Granum

Real Broker License #201205076

Last Buyer's Agent

Jennifer Chau

Portland Digs License #201211615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,401

Year Built

  • Built in 1947

Lot Details

  • 0.53 Acre Lot
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Landscaped with Trees
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Apartment Living Space in Basement
  • Crawl Space

Outdoor Features

  • Sun Deck
  • Patio

Schools

  • Maplewood Elementary School
  • Gray Middle School
  • Wilson High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Green Certified Home
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R329486

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,401

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1947
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1, Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: Bathroom,Heated,Kitchen,Plumbed
  • OtherStructuresType1: AuxiliaryDwellingUnit
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath
  • Total Bathrooms: 3.0
  • Interior Amenities: GarageDoorOpener, Laundry, SeparateLivingQuartersApartmentAuxLivingUnit, WoodFloors
  • Room 4 Description: SunPorch
  • Room 4 Level: Main
  • Room 5 Description: _4thBedroom
  • Room 5 Level: Main
  • Basement: CrawlSpace, SeparateLivingQuartersApartmentAuxLivingUnit
  • Appliances: BuiltinRange, Dishwasher, FreeStandingRefrigerator, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Main Level Full Bathrooms: 3
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 3.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • OtherStructuresBaths1: 1.0
  • OtherStructuresBathsTotal: 1.00
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 276
  • Fifth Bedroom Area: 121
  • Bedroom 7 Area: 120
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room8 Area: 130
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 120
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: AuxiliaryDwellingUnit, Patio, SecondResidence, Workshop, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Lot Features: CornerLot, Level, Secluded, Trees
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OnStreet
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Maplewood
  • High School: Wilson
  • Middle Or Junior School: Gray

Lot Info

  • Farm: No
  • Lot Size Acres: 0.53
  • Lot Size Sq Ft: 23086.0
  • Parcel #: R329486

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 8400.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Nov 15, 2019
Sold by
Houck James E
Bought by
Ekandem Joshua and Ekandem Briana
Seller's Agent
Rick Brainard
Premiere Property Group, LLC
Buyer's Agent
Jennifer Chau
Portland Digs
List Price
$625,000
Sold Price
$540,000
Premium/Discount to List
-$85,000
-13.6%
Current Estimated Value
$780,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,630
Avg. Annual Appreciation
6.51%
Original Mortgage
$484,000
Outstanding Balance
$425,874
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$354,756
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
Ekandem Joshua $540,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ekandem Joshua $107,085
Open Ekandem Joshua $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $540,000 -1.8% $243 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $550,000 -4.3% $248 / Sq Ft
09/06/2019 09/06/19 Price Changed $575,000 -4.0% $259 / Sq Ft
08/22/2019 08/22/19 Price Changed $599,000 -1.8% $270 / Sq Ft
08/10/2019 08/10/19 Price Changed $610,000 -2.4% $275 / Sq Ft
07/08/2019 07/08/19 For Sale $625,000 -- $282 / 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 $10,799 $403,990 -- --
2023 $9,885 $373,400 $0 $0
2022 $9,671 $362,530 $0 $0
2021 $9,508 $351,980 $0 $0
2020 $8,722 $341,730 $0 $0
2019 $8,401 $331,780 $0 $0
2018 $8,154 $322,120 $0 $0
2017 $7,815 $312,740 $0 $0
2016 $7,151 $303,640 $0 $0
2015 $6,964 $294,800 $0 $0
2014 $6,859 $286,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Brainard

    Seller's Agent in 2019

    Rick Brainard

    Premiere Property Group, LLC

    (503) 781-1303

    317 Total Sales

    Rick Brainard
    Section Image
  • Katharine Granum

    Seller Co-Listing Agent in 2019

    Katharine Granum

    Real Broker

    (503) 756-4031

    214 Total Sales

    Katharine Granum
    Section Image
  • Jennifer Chau

    Buyer's Agent in 2019

    Jennifer Chau

    Portland Digs

    (971) 271-0314

    43 Total Sales

    Jennifer Chau
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19420828

Regional Multiple Listing Service (RMLS)

APN: R329486

Oregon Multnomah County Portland 97219 Maplewood

7494 SW 48th Ave, Portland, OR

This home is located at 7494 SW 48th Ave, Portland, OR 97219 since 08 July 2019 and is currently estimated at $780,630, approximately $351 per square foot. This property was built in 1947. 7494 SW 48th Ave is a home located in Multnomah County with nearby schools including Maplewood Elementary School, Jackson 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.

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