See Home Value
$833,905*
House - Off Market

2724 NE 48TH AVE

Portland, OR 97213
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2344 Sqft
$626,000 - $764,000
Reference Base Price*
19.99%
Since Nov 1, 2020
OR-Portland
Primary Model
Sold Nov 20, 2020
$795,000
$510,400 by United Wholesale Mortgage
Mortgage Due Dec 01, 2050
Sold May 10, 2002
$318,000
$254,400 by Portland Mtg Company
Mortgage Due Jun 01, 2032

About This Property

Location!Just steps off Alameda,This very special bungalow is truly the best place to call home.Owners retreat w/skylights for star gazing, cozy gas fireplace & a custom designed bath w/concrete countertops, bench, heated stone floor, barn rail doors.Open great room w/large dining room & kitchen bar. Mud rm w/built in storage.Fabulous backyard w/large stock bamboo, deck,O'sized garage.Updates include: furnace, roof, on demand water heater, water line, master bathroom addition.Alameda School Dist [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10187363]

The manager has listed the unit size as 2344 square feet.
Unit Size
2,344Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$297
Property Type
House
Property Taxes
$7,739
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Nov 20, 2020 Sold to Darshan Mia Rangaraj, Sudar... $795,000
Sold to Darshan Mia Rangaraj, Sudar...
Oct 21, 2020 No longer available -
No longer available
Oct 13, 2020 Listed $695,000
Listed
May 10, 2002 Sold to Kimberlee A Wardle, Timothy... $318,000
Sold to Kimberlee A Wardle, Timothy...

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Good
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 640
  • Garage Type: Detached
  • Garage Square Area: 306
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,344
  • Gross Building Area: 2,464
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,704
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ROSE CITY PK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROSE CITY PK, BLOCK 134, LOT 12

Ownership

  • Current Owner : RANGARAJ SUDARSHAN
  • Current Owner 2: RANGARAJ DARSHAN MIA
  • Previous Owner : ELBEL TIMOTHY J
  • Previous Owner 2: ELBEL KIMBERLEE A
  • Owner Before Previous Owner: BROWN JAMES DARINI
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 002701

Zoning

  • Zoning: R5

Geography

  • Account Number: R723121180
  • Parcel: R260517
  • Block: 134
  • Lot: 12
  • Meridian: SEC 30 TWN 01N RNG 02E
  • Latitude: 45.5428
  • Longitude: -122.613

    Address

  • Full Address: 2724 Ne 48th Ave
  • Address - House Number: 2724
  • Street Direction: NE
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C042
  • 4-Digit Zip Code: 1950
  • Zip Code: 97213

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,105
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1671
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 847,754
  • High Value: 989,420
  • Low Value: 706,087

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: $888,210
  • Market Land Value: $360,000
  • Market Improvement Value: $528,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $343,620

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 20, 2020
  • Current Sale Transaction ID: 11802498476
  • Current Sale Price: $795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-155971
  • Previous Sale Recording Date: May 10, 2002
  • Previous Sale Contract Date: May 08, 2002
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 20, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PORTLAND MTG COMPANY
  • Previous Mortgage Transaction Date: May 10, 2002
  • Previous Mortgage Loan Amount: $254,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2032



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,064 ft²
$351/ft²
$725,000 May 4, 2023
-
$504/mo
House
4 Beds
2.5 Baths
2,484 ft²
$310/ft²
$769,900 May 4, 2023
-
$591/mo
House
4 Beds
2 Baths
1,612 ft²
$447/ft²
$719,900 Apr 21, 2023
-
$306/mo
Multifamily
Stu
-
1,612 ft²
$447/ft²
$719,900 Apr 20, 2023
-
$306/mo

About Central Northeast Neighbors Incorporated


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Frequently Asked Questions

When was property at 2724 Northeast 48th Avenue built and last sold?
The property at 2724 Northeast 48th Avenue was built in 1922 and last sold on Nov 19, 2020 for $795,000.
How much is this home worth?
The estimated value of the home located at 2724 Northeast 48th Avenue is $711,163.
What are some comparable homes to 2724 Northeast 48th Avenue?
There are currently no comparable homes to 2724 Northeast 48th Avenue.

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