See Home Value
$342,187*
House - Off Market

4615 S WATER AVE

Portland, OR 97239
bedrooms
2 Beds
bathrooms
1 Bath
square feet
754 Sqft
$315,000 - $383,000
Reference Base Price*
-1.95%
Since Oct 1, 2023
OR-Portland
Primary Model
Sold Sep 07, 2023
$305,000

About This Property

Cute Cute John's Landing bungalow w/ Energy Score @ 9/10! Includes all appliances onsite, incl the Fisher/Paykel refrigerator and Dacor gas range. Near OHSU, river & more, super Value for this area. Small lot, classic 2/1 home, updated frequently t/out the years. Most recently mini-split A/C + Heat and gas water heater. Other updates have incl laminate flooring, cabinets, some vinyl windows, foundation work and electrical & water service line. Big L/R windows, brick-lined patio, bathroom with clawfoot tub & glass-block windows. Nice lawn out front, Strong permit history. Rebuild? Remodel? Multiple options, buyer to check all with city. This location near OHSU's medical school is also very popular with med student-renters. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10219533]

The manager has listed the unit size as 754 square feet.
Unit Size
754Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$463
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1902

Price History

Date / Event Date Event Price
Sep 7, 2023 Sold to Stromme $305,000
Sold to Stromme
Sep 3, 2023 No longer available -
No longer available
Aug 24, 2023 Price Decreased $349,000
↓ $20K (5.4%)
Price Decreased
Aug 17, 2023 Price Decreased $369,000
↓ $13K (3.4%)
Price Decreased
Jul 29, 2023 Price Decreased $382,000
↓ $18K (4.5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Fair
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,875
  • Total Building Area: 754
  • Gross Building Area: 864
  • Building Area: 754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 754
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PORTLAND HMSTD
  • Land Acres: 0.043
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PORTLAND HMSTD, SUB OF LOT 3, BLOCK 4, LOT L

Ownership

  • Current Owner : HEASTON LIVING TRUST
  • Current Owner 2: STROMME
  • Previous Owner : VELDHUISEN PETER L
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 005901

Zoning

  • Zoning: RM1

Geography

  • Account Number: R669101260
  • Parcel: R247585
  • Block: 4
  • Lot: 3,L
  • Meridian: SEC 15 TWN 01S RNG 01E
  • Latitude: 45.49
  • Longitude: -122.677

    Address

  • Full Address: 4615 S Water Ave
  • Address - House Number: 4615
  • Street Direction: S
  • Address - Street Name: Water
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C051
  • 4-Digit Zip Code: 4031
  • Zip Code: 97239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,871
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 338,579
  • High Value: 394,840
  • Low Value: 282,319

    Market Valuation

  • Market Total Value: $334,190
  • Market Land Value: $222,500
  • Market Improvement Value: $111,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,990

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Transaction ID: 11912141166
  • Current Sale Price: $305,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 56081



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
-
$448,454 Jan 22, 2016
$448,454 Jan 20, 2017
$195/mo
Condo
2 Beds
2 Baths
848 ft²
$389/ft²
$329,900 May 24, 2023
-
$876/mo
Condo
2 Beds
2.5 Baths
972 ft²
$463/ft²
$449,900 Jun 7, 2023
-
-
Condo
2 Beds
2 Baths
1,170 ft²
$341/ft²
$399,000 Jul 6, 2023
-
$1,032/mo
Condo
2 Beds
2 Baths
1,126 ft²
$297/ft²
$334,900 Jul 10, 2023
-
$1,072/mo
Condo
2 Beds
2 Baths
1,089 ft²
$307/ft²
$334,000 Jul 19, 2023
-
$1,031/mo
Condo
2 Beds
2 Baths
1,170 ft²
$282/ft²
$330,000 May 31, 2023
-
$906/mo
Townhouse
2 Beds
2 Baths
1,398 ft²
$340/ft²
$475,000 Jun 29, 2023
-
$1,159/mo
Condo
1 Bed
2 Baths
1,170 ft²
$312/ft²
$364,900 Jun 9, 2023
-
$1,083/mo
Land
Loft
-
-
$350,000 Jun 14, 2023
-
$189/mo
Land
Loft
-
-
$350,000 Jun 14, 2023
-
$189/mo
House
3 Beds
1 Bath
2,294 ft²
$196/ft²
$450,000 Jun 26, 2023
-
$628/mo

About Lair Hill


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Frequently Asked Questions

When was property at 4615 South Water Avenue built and last sold?
The property at 4615 South Water Avenue was built in 1902 and last sold on Sep 7, 2023 for $305,000.
How much is this home worth?
The estimated value of the home located at 4615 South Water Avenue is $397,122.
What are some comparable homes to 4615 South Water Avenue?
Homes that are comparable to 4615 South Water Avenue include a condo property at 4970 South Landing Drive, 5717 South Kelly Avenue, 5606 South Riverside Lane.

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