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3938 Southeast 48th Avenue

3938 Southeast 48th Avenue, Portland, OR 97206
Sold Jul 05, 2016
Transfer
Sold Nov 27, 2013
$241,888
$193,510 by Us Bank Na
Mortgage Due Dec 01, 2043
3938 Southeast 48th Avenue in Portland, OR was first built in 1989 and is 35 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3938 Southeast 48th Avenue has 1,224 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 linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 square feet.

Learn more about the property and building on this page. The home has a bowstring truss style roof made of composition shingle. 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 400 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit 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. Before that, the property was also sold for $241,888 in Nov 21, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,946 in taxes each year. 3938 Southeast 48th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $224,400. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,624
  • Gross Building Area: 1,624
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,224
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON ADD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WASHINGTON ADD, BLOCK 1, LOT 5

Ownership

  • Current Owner : PHILLIPS GEORGE A
  • Previous Owner : WONG EVA
  • Owner Before Previous Owner: YEUAN JAI HUO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 000802

Zoning

  • Zoning: R5

Geography

  • Account Number: R881300860
  • Parcel: R298333
  • Block: 1
  • Lot: 5
  • Meridian: SEC 07 TWN 01S RNG 02E
  • Latitude: 45.4942
  • Longitude: -122.613

    Address

  • Full Address: 3938 Se 48th Ave
  • Address - House Number: 3938
  • Street Direction: SE
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C012
  • 4-Digit Zip Code: 3232
  • Zip Code: 97206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,946
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 496,779
  • High Value: 602,255
  • Low Value: 391,303

    Market Valuation

  • Market Total Value: $507,870
  • Market Land Value: $277,500
  • Market Improvement Value: $230,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $224,400

    Sales

  • Current Sale Contract Date: Jun 29, 2016
  • Current Sale Recording Date: Jul 05, 2016
  • Current Sale Transaction ID: 1634854245
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2016-081883
  • Previous Sale Recording Date: Nov 27, 2013
  • Previous Sale Contract Date: Nov 21, 2013
  • Previous Sale Amount: $241,888
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CONSOLIDATED FCU
  • First Mortgage Transaction Date: Jul 05, 2016
  • First Mortgage Loan Amount: $191,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Nov 27, 2013
  • Previous Mortgage Loan Amount: $193,510
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2043

About Southeast Uplift



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Frequently Asked Questions

What neighborhood is 3938 Southeast 48th Avenue located in?
The 3938 Southeast 48th Avenue is a located in the neighborhood of Creston - Kenilworth in Southeast Uplift, Portland.
What is the average sales price for listings in 3938 Southeast 48th Avenue?
The average sales price for units in 3938 Southeast 48th Avenue is $0 currently.

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