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$525,000

3218 S Water Ave, Portland, OR 97239

2beds
1,719sqft
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Residential, Single Family Residence
Built in 1910
3,484 Square Feet Lot
$510,300 Zestimate®
$305/sqft
$-- HOA

What's special

New aggregate patioCozy wood burning stoveElegant foyerBeautifully renovated bathroomAbsolutely stunning kitchenWhite oak floorsMagnificent mature magnolia tree
Open Sunday 12-2! Fabulous 2 Bedroom w/2 bonus rooms. Yes, you can have it all! Vintage elegance with modern updates and carefully preserved historic charm. The list of improvements is long - New roof, gutters & sewer line 2020. Studs out kitchen renovation in 2020 that includes quartz countertops, white oak floors, premium appliances (gas oven/range!) New furnace 2021. Upper level mini-split 2025, and more! From the elegant foyer to the beautifully reinvented laundry/pantry area the main floor is absolutely perfect. Living room & dining room feel welcoming and nostalgic. Need a minute? Settle into the cutest little office/reading nook with a cozy wood burning stove. On the main floor there are 2 high-ceiling bedrooms, a beautifully renovated bathroom and the absolutely stunning kitchen. AND there's more...Indulge your inner child and climb the loft steps to discover 2 delightful bonus rooms. Office? Playroom? Yoga? You decide! Outside, your own secret garden awaits. Peaceful & quiet w/native plants and a new aggregate patio beautifully centered around a magnificent mature magnolia tree. Modern comfort with all the grace and charm of yesteryear. Super convenient location minutes to streetcar, Downtown, OHSU & south waterfront Esplanade via pedestrian bridge one block away! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10183785]
26 days
|
2,288
|
254
|

Likely to sell faster than

Zillow last checked:

Listing updated:

Listed by:

Kevin Dean 503-481-4400,

Windermere Realty Trust,

Stacey Puppo 503-438-9700,

Windermere Realty Trust

Source: RMLS (OR),MLS#: 208773949MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bonus Room, Laundry, Bedroom 2, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Wood Floors
    • Level: Main
    • Area: 121
    • Dimensions: 11 x 11
    Bedroom 2
    • Features: Wood Floors
    • Level: Main
    • Area: 110
    • Dimensions: 10 x 11
    Dining room
    • Features: Wood Floors
    • Level: Main
    • Area: 121
    • Dimensions: 11 x 11
    Kitchen
    • Features: Pantry, Updated Remodeled, Quartz
    • Level: Main
    • Area: 110
    • Width: 11
    Living room
    • Features: Bay Window, Hardwood Floors, Wood Stove
    • Level: Main
    • Area: 154
    • Dimensions: 14 x 11
    Heating
    • Forced Air, Mini Split, Wood Stove
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Stainless Steel Appliance(s), Gas Water Heater
    • Laundry: Laundry Room
    Features
    • High Ceilings, Pantry, Updated Remodeled, Quartz, Butlers Pantry
    • Flooring: Hardwood, Tile, Wall to Wall Carpet, Wood
    • Windows: Bay Window(s)
    • Basement: Exterior Entry,Partial,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Stove, Wood Burning, Wood Burning Stove
    Interior area
    • Total structure area: 1,719
    • Total interior livable area: 1,719 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 3
    • Patio & porch: Patio, Porch
    • Exterior features: Yard
    • Fencing: Fenced
    Lot
    • Size: 3,484 Square Feet
    • Features: Level, Private, SqFt 3000 to 4999
    Details
    • Parcel number: R129029

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Victorian
    • Property subtype: Residential, Single Family Residence
    Materials
    • Lap Siding
    • Roof: Composition
    Condition
    • Resale,Updated/Remodeled
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Gas: Gas
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Lair Hill
    HOA
    • Has HOA: No
    Location
    • Region: Portland

    Financial & listing details

    • Price per square foot: $305/sqft
    • Tax assessed value: $492,280
    • Annual tax amount: $8,198
    • Date on market: 6/5/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

      Estimated market value

      $510,300

      $485,000 - $536,000

      $2,321/mo

      Price history

      DateEventPrice
      6/5/2026Listed for sale$525,000+28.5%$305/sqft
      Source: RMLS (OR) #208773949 Report a problem
      6/2/2020Sold$408,700+2.4%$238/sqft
      Source: RMLS (OR) #20487614 Report a problem
      4/26/2020Pending sale$399,000$232/sqft
      Source: Flat Fee Realty, LLC #20487614 Report a problem
      4/11/2020Listed for sale$399,000+45.6%$232/sqft
      Source: Flat Fee Realty, LLC #20487614 Report a problem
      8/2/2018Listing removed$2,495$1/sqft
      Source: Owner Report a problem
      6/30/2018Price change$2,495-3.9%$1/sqft
      Source: Owner Report a problem
      6/5/2018Listed for rent$2,595+13.1%$2/sqft
      Source: Owner Report a problem
      2/26/2016Listing removed$2,295$1/sqft
      Source: Owner Report a problem
      1/27/2016Price change$2,295-4.2%$1/sqft
      Source: Owner Report a problem
      12/9/2015Listed for rent$2,395+9.1%$1/sqft
      Source: Owner Report a problem
      3/1/2015Listing removed$2,195$1/sqft
      Source: Owner Report a problem
      2/15/2015Listed for rent$2,195$1/sqft
      Source: Owner Report a problem
      5/21/2010Listing removed$274,000$159/sqft
      Source: John L Scott Real Estate #10028730 Report a problem
      4/8/2010Listed for sale$274,000-16.7%$159/sqft
      Source: John L Scott Real Estate #10028730 Report a problem
      3/13/2009Listing removed$329,000$191/sqft
      Source: Owner Report a problem
      1/30/2009Listed for sale$329,000+36.5%$191/sqft
      Source: Owner Report a problem
      5/18/2005Sold$241,000+14.8%$140/sqft
      Source: Public Record Report a problem
      5/25/2001Sold$210,000+336.6%$122/sqft
      Source: Public Record Report a problem
      8/17/1995Sold$48,100$28/sqft
      Source: Public Record Report a problem

      Public tax history

      YearProperty taxesTax assessment
      2025$8,198 +3.7%$304,550 +3%
      2024$7,904 +4%$295,680 +3%
      2023$7,600 +2.2%$287,070 +3%
      2022$7,435 +1.7%$278,710 +3%
      2021$7,310 +9%$270,600 +3%
      2020$6,705 +3.8%$262,720 +3%
      2019$6,459 $255,070 +3%
      2018$6,459 +3%$247,650 +3%
      2017$6,269 +14%$240,440 +3%
      2016$5,498 $233,440 +3%
      2015$5,498 +7.5%$226,650 +3%
      2014$5,116 +19.7%$220,050 +3%
      2013$4,275 +12.8%$213,650 +3%
      2012$3,788 -4.7%$207,430 +3%
      2011$3,976 -6.4%$201,390 +3%
      2010$4,249 +2.7%$195,530 +3%
      2009$4,136 +5.9%$189,840 +3%
      2008$3,905 +0.2%$184,320 +3%
      2007$3,896 +11.4%$178,960 +3%
      2006$3,499 +4.7%$173,750 +3%
      2005$3,340 -8.4%$168,690 +3%
      2004$3,645 +3%$163,780 +3%
      2003$3,540 +8.1%$159,010 +3%
      2002$3,274 +36.4%$154,380 +34.8%
      2000$2,400 $114,550

      Find assessor info on the county website

      Monthly payment

      Est. payment

      Payment breakdown

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      All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
      HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
      Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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      Climate risks

      Neighborhood: Corbett-Terwilliger-Lair Hill

      Getting around

      87 / 100
      Very Walkable
      79 / 100
      Excellent Transit
      81 / 100
      Very Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Capitol Hill
      • Middle: Jackson
      • High: Ida B Wells

      Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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