NOT LISTED FOR SALE

7538 SW Locust St Portland, OR 97223

Metzger Neighborhood

Estimated Value: $1,060,000

5 Beds
4 Baths
3,326 Sq Ft
$319/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $975,000 $293 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,627/month

5 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Covered patio or porch
  • 1 Fireplace
  • Quartz Countertops
  • 4-minute walk to Senn Park

About This Home

As of December 2021

This is the one you've been waiting for: a brand new luxury home with 5 Bedrooms w/1 on main, generous bonus rm, 3-car garage, yard and no HOA in established neighborhood close to parks, shopping, everything! Estimated completion in November '21. Features to love include time-tested open plan, hardwood floors, quartz kitchen & baths, fireplace, covered patio, best quality materials, and expert craftsmanship from Street of Dreams Builder JT Smith. Multiple offers: deadline Monday 10/4@9AM

Last Listed By

Jules Martin

LUXE Forbes Global Properties License #200410009 Listed on: 09/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,330

Year Built

  • Built in 2021

Lot Details

  • 7,841

Parking

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

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Crawl Space
  • Smart Thermostat
  • Quartz Countertops
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Covered patio or porch
  • Level Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,330

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Traditional, 2 Story
  • Sq Ft Calculated: 3326
  • Sq Ft Approximate Total: 3326
  • Accessibility: Yes
  • Stories: 2
  • Warranty: Builder Warranty
  • Year Built: 2021
  • Property Condition: New Construction
  • Remarks Public: This is the one you've been waiting for: a brand new luxury home with 5 Bedrooms w/1 on main, generous bonus rm, 3-car garage, yard and no HOA in established neighborhood close to parks, shopping, everything! Estimated completion in November '21. Features to love include time-tested open plan, hardwood floors, quartz kitchen & baths, fireplace, covered patio, best quality materials, and expert craftsmanship from Street of Dreams Builder JT Smith. Multiple offers: deadline Monday 10/4@9AM
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential/Commercial
  • New Construction Certificate Occupancy Obtained: No
  • Title Insurance Paid By: Buyer
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: BLDG-2102160
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Garage on Main, Main Floor Bedroom w/Bath
  • Additional Rooms: 5th Bedroom, Media Room, 4th Bedroom
  • All Room Features: Great Room
  • Main Level Bathrooms: 1.1
  • Total Bathrooms: 3.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Laundry, Tile Floor, Wall to Wall Carpet, High Ceilings, Quartz, Smart Thermostat
  • Kitchen Appliances: Microwave, Cook Island, Dishwasher, Gas Appliances, Island, Double Oven, Convection Oven, Stainless Steel Appliance(s), Quartz, Range Hood
  • Legal Description: Lot 1, LOCUST STREET, in the County of Washington and State of Oregon
  • Sq Ft Main Level: 1760
  • Upper Level Sq Ft: 1566
  • Bedrooms: 5
  • Master Bedroom: On Level: Main,Dimensions: 15x14
  • Bedroom 2: On Level: Upper,Dimensions: 13x11
  • Bedroom 3: On Level: Upper,Dimensions: 13x11
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Main,Dimensions: 10x15
  • Family Room: Features: Great Room,On Level: Main,Dimensions: 19x16
  • Living Room: On Level: Main,Dimensions: 12x10
  • Kitchen: On Level: Main,Dimensions: 14x15
  • Additional Room 1: Description: 4th Bedroom,On Level: Upper,Dimensions: 10x12
  • Additional Room 2: Description: 5th Bedroom,On Level: Upper,Dimensions: 12x11
  • Additional Room 3: Description: Media Room,On Level: Upper,Dimensions: 15x17
  • Bathrooms Main Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames, Double Pane Windows

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Exterior Features: Covered Patio, Porch
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 95+%
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Metzger
  • Middle School: Fowler
  • High School: Tigard

Lot Info

  • Lot Description: Level
  • Acres: 0.18
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 3132.00
  • Assessor Parcel Number: Not Found
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Metzger
  • High School: Tigard
  • Middle School: Fowler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 1, 2021
Sold by
Leii Locust Street Llc
Bought by
Simon Michael and Simon Jodi
Seller's Agent
Jules Martin
LUXE Forbes Global Properties
Buyer's Agent
Kendall Woodworth
Windermere Realty Trust
List Price
$925,000
Sold Price
$975,000
Premium/Discount to List
$50,000
5.41%
Total Days on Market
5
Current Estimated Value
$1,060,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,000
Avg. Annual Appreciation
1.63%
Original Mortgage
$780,000
Outstanding Balance
$727,865
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$303,135

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
Simon Michael $975,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Michael $780,000
Previous Owner Lfll Locust Street Llc $2,571,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $975,000 +5.4% $293 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $925,000 -- $278 / 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
2025 $8,330 $516,610 -- --
2024 $8,049 $501,570 -- --
2023 $8,049 $486,970 $0 $0
2022 $7,719 $486,970 $0 $0
2021 $897 $49,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jules Martin

    Seller's Agent in 2021

    Jules Martin

    LUXE Forbes Global Properties

    (971) 808-9618

    4 in this area

    31 Total Sales

    Jules Martin
    Section Image
  • Friederike Svensson

    Seller Co-Listing Agent in 2021

    Friederike Svensson

    Keller Williams Sunset Corridor

    (503) 388-5570

    3 in this area

    39 Total Sales

    Friederike Svensson
    Section Image
  • Kendall Woodworth

    Buyer's Agent in 2021

    Kendall Woodworth

    Windermere Realty Trust

    (503) 636-5000

    1 in this area

    84 Total Sales

    Kendall Woodworth
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21463164

Regional Multiple Listing Service (RMLS)

APN: R2218437

Oregon Washington County Portland 97223 Metzger

7538 SW Locust St, Portland, OR

Homes for Sale in Portland, OR

This home is located at 7538 SW Locust St, Portland, OR 97223 since 29 September 2021 and is currently estimated at $1,060,000, approximately $318 per square foot. This property was built in 2021. 7538 SW Locust St is a home located in Washington County with nearby schools including Metzger Elementary School, Thomas R. Fowler Middle School, and Tigard High School.

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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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