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3150 Southwest 48th Avenue

3150 Southwest 48th Avenue, Portland, OR 97221
Sold May 19, 2021
$1,225,000
$980,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
Sold May 15, 2020
$875,000
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 4032 SW HEWETT BLVD, Portland, OR 97221

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4032 SW HEWETT BLVD, Portland, OR 97221 Listing by Greg Messick

Unit for sale at 2256 SW HUMPHREY PARK RD, Portland, OR 97221

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Unit for sale at 3631 SW ERICWOOD LN, Portland, OR 97221

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  • 2,576 ft²
3631 SW ERICWOOD LN, Portland, OR 97221 Listing by Dill Ward

3150 Southwest 48th Avenue in Portland, OR was first built in 1990 and is 34 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 3150 Southwest 48th Avenue has 4,601 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,290 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 20,046 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a reinforced concrete style roof made of asphalt and ply sheets in a built-up roof style. Water for the property is sourced from a water system. The property is connected to a storm sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed in this manner. For those who need parking, there is a attached garage. The garage is 623 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3150 Southwest 48th Avenue sold most recently in May 18, 2021 for a total of $1,225,000. If you work out the math, that's approximately a cost of $223.54 per sqft. Before that, the property was also sold for $875,000 in May 11, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $19,300 in taxes each year. 3150 Southwest 48th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $933,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior Concrete Exterior

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 5
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,290
  • Garage Type: Attached
  • Garage Square Area: 623
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,046
  • Total Building Area: 5,480
  • Gross Building Area: 5,480
  • Building Area: 4,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 4,601
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TREETOP PARK
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TREETOP PARK, LOT 1 TL 3300

Ownership

  • Current Owner : REEDER MORGAN
  • Current Owner 2: PLATT ADRIANA R
  • Previous Owner : U S BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: LOZANO NORRIS
  • Owner Before Previous Owner 2: CANNING JOHN
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 006900

Zoning

  • Zoning: R20

Geography

  • Account Number: R841850100
  • Parcel: R289050
  • Lot: 1
  • Meridian: SEC 07 TWN 01S RNG 01E
  • Latitude: 45.5003
  • Longitude: -122.726

    Address

  • Full Address: 3150 Sw 48th Ave
  • Address - House Number: 3150
  • Street Direction: SW
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C022
  • 4-Digit Zip Code: 2265
  • Zip Code: 97221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,300
  • Tax Rate Code Area: 016

    Appraisal Valuation

  • Standard Deviation: 0.149
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 1,357,005
  • High Value: 1,559,309
  • Low Value: 1,154,702

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,400,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $980,000
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: QUORUM FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jan 26, 2022
  • Second Open Lien Mortgage Loan Amount: $420,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $1,383,630
  • Market Land Value: $441,000
  • Market Improvement Value: $942,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $933,200

    Sales

  • Current Sale Contract Date: May 18, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11835954493
  • Current Sale Price: $1,225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-079060
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: May 11, 2020
  • Previous Sale Amount: $875,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

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Frequently Asked Questions

What neighborhood is 3150 Southwest 48th Avenue located in?
The 3150 Southwest 48th Avenue is a house located in the neighborhood of Bridlemile - Southwest Hills in Southwest Hills, Portland.
What is the average sales price for listings in 3150 Southwest 48th Avenue?
The average sales price for units in 3150 Southwest 48th Avenue is $0 currently.

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