See Home Value
Portland 97201 Southwest Hills
2448 SW COMMONWEALTH AVE
$1,581,021*
House - Off Market

2448 SW COMMONWEALTH AVE

Portland, OR 97201
bedrooms
5 Beds
bathrooms
6 Baths, 3 Half Baths
square feet
5884 Sqft
$1,170,000 - $1,428,000
Reference Base Price*
21.71%
Since Sep 1, 2020
OR-Portland
Primary Model
Sold Oct 15, 2020
$1,196,320
$957,056 by Ubs Bank Usa
Mortgage Due Dec 01, 2050
Sold May 16, 2005
$810,000

About This Property

City, mountain and river views from just about every room!  Completely remodeled beautiful home on almost 1/4 acre with sought after 4 car garage! Open floor plan perfect for entertaining. Lots of decking on every level to enjoy the view. Not on stilts. Walk to downtown! Fabulous landscaping,greenhouse, water feature.   2 entrances, possible home office or guest quarters. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10124982]

The manager has listed the unit size as 5884 square feet.
Unit Size
5,884Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$221
Property Type
House
Property Taxes
$24,732
HOA Dues
-
Year Built
1989

Price History

Date / Event Date Event Price
Aug 29, 2020 No longer available -
No longer available
Jul 31, 2020 Price Decreased $1,299,000
↓ $426K (24.7%)
Price Decreased
Jul 28, 2020 Price Decreased $1,725,000
↓ $225K (11.5%)
Price Decreased
Mar 8, 2020 No longer available -
No longer available
Feb 24, 2020 Listed $1,950,000
Listed
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Exterior Walls Type: Wood
  • Roof Shape Type: Steel frame or truss
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 2,101
  • Garage Type: Attached
  • Garage Square Area: 1,080
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 10,100
  • Total Building Area: 6,427
  • Gross Building Area: 6,427
  • Building Area: 4,843
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,843
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SEVENTH ST TERR
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEVENTH ST TERR, BLOCK 3, LOT 1-3 TL 11200

Ownership

  • Current Owner : ELLIOTT WAYDE
  • Previous Owner : REED PATRICIA M
  • Owner Before Previous Owner: WIRFS DONALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 005800

Zoning

  • Zoning: R10

Geography

  • Account Number: R755201030
  • Parcel: R268519
  • Block: 3
  • Lot: 1-3
  • Meridian: SEC 04 TWN 01S RNG 01E
  • Latitude: 45.5051
  • Longitude: -122.686

    Address

  • Full Address: 2448 Sw Commonwealth Ave
  • Address - House Number: 2448
  • Street Direction: SW
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C054
  • 4-Digit Zip Code: 3100
  • Zip Code: 97201

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,723
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1524
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 1,322,997
  • High Value: 1,524,680
  • Low Value: 1,121,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $957,056
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Nov 30, 2020
  • First Open Lien Mortgage Loan Amount: $957,056
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $1,303,170
  • Market Land Value: $495,000
  • Market Improvement Value: $808,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,303,170
  • Assessed Land Value: $495,000
  • Assessed Improvements Value: $808,170

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 15, 2020
  • Current Sale Transaction ID: 11791950117
  • Current Sale Price: $1,196,320
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-135004
  • Previous Sale Recording Date: May 16, 2005
  • Previous Sale Contract Date: May 13, 2005
  • Previous Sale Amount: $810,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
4 Beds
3.5 Baths
2,779 ft²
$443/ft²
$1,230,000 Mar 2, 2023
-
$1,715/mo
Condo
3 Beds
2 Baths
2,436 ft²
$574/ft²
$1,399,000 Jan 6, 2022
-
$3,081/mo

About Southwest Hills


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Frequently Asked Questions

When was property at 2448 Southwest Commonwealth Avenue built and last sold?
The property at 2448 Southwest Commonwealth Avenue was built in 1989 and last sold on Oct 1, 2020 for $1,196,320.
How much is this home worth?
The estimated value of the home located at 2448 Southwest Commonwealth Avenue is $1,311,990.
What are some comparable homes to 2448 Southwest Commonwealth Avenue?
There are currently no comparable homes to 2448 Southwest Commonwealth Avenue.

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