See Home Value
$1,388,558*
House - Off Market

554 SW 48TH DR

Portland, OR 97221
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4336 Sqft
$1,035,000 - $1,263,000
Reference Base Price*
20.85%
Since Oct 1, 2020
OR-Portland
Primary Model
Sold Jun 30, 2021
$1,150,000
$920,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051
Sold Feb 20, 2015
$1,175,000
$775,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2045

About This Property

Come see this gracious, luxurious, and casually modern home! It has the privacy & space you want, sitting on a treed half acre lot just outside downtown. Deluxe gourmet kitchen with huge center island, warm family room, formal entertaining spaces, luxe master bedroom with 2 walk in closets, spa bath, 2 more bedroom suites, 500 bottle wine cellar, 3 fireplaces, and a brick courtyard, this home has it all. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183368]

The manager has listed the unit size as 4336 square feet.
Unit Size
4,336Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$265
Property Type
House
Property Taxes
$15,734
HOA Dues
-
Year Built
1987

Price History

Date / Event Date Event Price
Jun 30, 2021 Sold to Ronald L Kramer, Tina M Sta... $1,150,000
Sold to Ronald L Kramer, Tina M Sta...
Sep 27, 2020 No longer available -
No longer available
Sep 5, 2020 Price Decreased $1,149,000
↓ $46K (3.9%)
Price Decreased
Aug 6, 2020 Price Decreased $1,195,000
↓ $80K (6.3%)
Price Decreased
Jul 14, 2020 Price Decreased $1,275,000
↓ $20K (1.5%)
Price Decreased
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,271
  • Garage Type: Attached
  • Garage Square Area: 294
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 21,680
  • Total Building Area: 4,608
  • Gross Building Area: 4,608
  • Building Area: 4,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,314
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WOODSIDE TERR & PLAT 2
  • Land Acres: 0.498
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WOODSIDE TERR & PLAT 2, LOT 17 TL 1100

Ownership

  • Current Owner : KRAMER RONALD L
  • Current Owner 2: STANFORD TINA M
  • Previous Owner : LINDHOLM RYAN
  • Previous Owner 2: BUDASOFF ALANA
  • Owner Before Previous Owner: CAIN RONALD G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: R20

Geography

  • Account Number: R928401000
  • Parcel: R312564
  • Lot: 17
  • Meridian: SEC 06 TWN 01S RNG 01E
  • Latitude: 45.5192
  • Longitude: -122.726

    Address

  • Full Address: 554 Sw 48th Dr
  • Address - House Number: 554
  • Street Direction: SW
  • Address - Street Name: 48th
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Portland
  • Carrier Code: C003
  • 4-Digit Zip Code: 2743
  • Zip Code: 97221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,515
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.0641
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 97
  • Final Value: 1,522,426
  • High Value: 1,620,129
  • Low Value: 1,424,724

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $920,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $920,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $1,648,140
  • Market Land Value: $406,000
  • Market Improvement Value: $1,242,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $699,370

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841170235
  • Current Sale Price: $1,150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-101594
  • Previous Sale Recording Date: Feb 20, 2015
  • Previous Sale Contract Date: Feb 19, 2015
  • Previous Sale Amount: $1,175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Feb 20, 2015
  • Previous Mortgage Loan Amount: $775,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,002 ft²
$333/ft²
$999,000 Jun 15, 2023
-
$1,106/mo
House
3 Beds
2.5 Baths
3,210 ft²
$403/ft²
$1,295,000 Jun 9, 2023
-
$1,019/mo

About Neighbors West - Northwest


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Frequently Asked Questions

When was property at 554 Southwest 48th Drive built and last sold?
The property at 554 Southwest 48th Drive was built in 1987 and last sold on Jun 22, 2021 for $1,150,000.
How much is this home worth?
The estimated value of the home located at 554 Southwest 48th Drive is $1,185,297.
What are some comparable homes to 554 Southwest 48th Drive?
There are currently no comparable homes to 554 Southwest 48th Drive.

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