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Off market
  • $1,448,200

    5501 SE 38th Ave, Portland, OR 97202

    3beds
    2baths
    3,684sqft
    SingleFamily
    Built in 1909
    0.32 Acres Lot
    $1,448,200 Zestimate®
    $393/sqft
    $3,069 Estimated rent

    Home value

    $1,448,200

    $1.32M - $1.59M

    $3,069/mo

    Zestimate® history
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    $7,281/mo

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    $7,281/mo

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    What's special

    Truly Remarkable Fully Remodeled SE 1908 Craftsman. - Located in the Montrose neighborhood, just north of Eastmoreland and on the eastern border of Reed College, this hidden private gem is so remarkable that it is difficult to fully explain. It is country living with extensive open space, 10 minutes from downtown Portland and close to Trader Joes and the pedestrian neighborhoods of West Moreland, Sellwood and Woodstock. The grounds feel like an old Portland estate, with mature plantings and neighboring green spaces, it is adjacent to the 30 acre Reed Canyon wild-life preserve. There are multiple outdoor areas including a patio with a pond, an enormous 1,000 square foot side deck with southern exposure, a back patio overlooking the garden, a tranquil reading spot next to a beautiful chicken house, extensive vegetable garden and a hidden tree house. Overall there is over 2000 square feet of deck and patio space. The inside of the home greets you with a blend of formal craftsmanship and casual elegance, vintage charm & original detailing with modern conveniences. The living room is spacious with panoramic views and detailed woodwork. The formal dining room is spacious and wrapped in windows, there is a large family room opening up to the side deck via three French doors. The Gourmet kitchen has plenty of light, a Sub-Zero refrigerator, industrial Wolf gas grill and range, granite countertops, custom cabinetry, Asko dishwasher and a beautiful breakfast nook. The upstairs features a large master suite. The master bedroom has great westerly views of Reed Lake and downtown, a small patio, a sitting area, an additional large space perfect for a nursery, bedroom for a small child, or an additional reading area. The walk in closet is large enough to have a hanging rack and a washer and dryer. The master bathroom has a big shower, soaking bathtub, double sinks surrounded by marble and even a kitchenette. The downstairs has been beautifully remodeled and consists of a second bedroom with built-ins and an office that could be a third bedroom, both with views and access out to the back garden. There are two large storage rooms and an amazing full bathroom with custom tile work. There is also an attached 3 car garage and extra side parking space. This beautiful owner managed hideaway is amazing. You are close to downtown yet hidden in an oasis of privacy. No pets and no smoking. Duniway Elementary and Cleveland High School. (RLNE3338144)

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2.5
    Heating
    • Forced air, Other
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Range / Oven
    Features
    • Flooring: Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,684 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached, On-street
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: R220943

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1909

    Community & neighborhood

    Community
    • Community features: On Site Laundry Available
    Location
    • Region: Portland

    Other

    Other facts
    • Balcony
    • Cable TV Ready
    • Cooling System: Air Conditioning
    • Parking -
    • Parking Type: Garage
    • double pane window
    • granite countertops
    • hardwod floors
    • living room
    • stainless steel appliances

    Price history

    DateEventPrice
    9/15/2021Sold$1,140,000-0.9%$309/sqft
    Source: RMLS (OR) #21383626 Report a problem
    8/13/2021Pending sale$1,150,000$312/sqft
    Source: RMLS (OR) #21383626 Report a problem
    8/12/2021Listed for sale$1,150,000$312/sqft
    Source: RMLS (OR) #21383626 Report a problem
    7/24/2019Listing removed$4,500$1/sqft
    Source: North Star Properties Report a problem
    6/14/2019Listed for rent$4,500+20%$1/sqft
    Source: North Star Properties Report a problem
    7/14/2017Listing removed$1,150,000$312/sqft
    Source: Windermere Stellar #17229431 Report a problem
    6/16/2017Price change$1,150,000-8%$312/sqft
    Source: Windermere Stellar #17229431 Report a problem
    5/15/2017Listed for sale$1,250,000+33.3%$339/sqft
    Source: Windermere Stellar #17229431 Report a problem
    11/3/2015Listing removed$3,750$1/sqft
    Source: North Star Properties Report a problem
    9/15/2015Price change$3,750-5.1%$1/sqft
    Source: North Star Properties Report a problem
    7/17/2015Listed for rent$3,950$1/sqft
    Source: Owner Report a problem
    7/26/2014Listing removed$3,950$1/sqft
    Source: North Star Properties Report a problem
    7/4/2014Listed for rent$3,950$1/sqft
    Source: North Star Properties Report a problem
    11/22/2013Listing removed$3,950$1/sqft
    Source: North Star Property Management Report a problem
    9/25/2013Listed for rent$3,950$1/sqft
    Source: North Star Property Management Report a problem
    6/8/2006Sold$937,500$254/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,612 +3.7%$542,310 +3%
    2024$14,087 +4%$526,520 +3%
    2023$13,546 +2.2%$511,190 +3%
    2022$13,253 +1.7%$496,310 +3%
    2021$13,028 +9%$481,860 +3%
    2020$11,952 +3.8%$467,830 +3%
    2019$11,512 $454,210 +3%
    2018$11,512 +3%$440,990 +3%
    2017$11,174 +14%$428,150 +3%
    2016$9,801 $415,680 +3%
    2015$9,801 +2.7%$403,580 +3%
    2014$9,544 +4%$391,830 +3%
    2013$9,181 +10.5%$380,420 +3%
    2012$8,305 +3.9%$369,340 +3%
    2011$7,992 +5.4%$358,590 +3%
    2010$7,583 +2.7%$348,150 +3%
    2009$7,385 +6%$338,010 +3%
    2008$6,969 +0.3%$328,170 +3%
    2007$6,948 +16.4%$318,620 +7.7%
    2006$5,969 -8.1%$295,920 -9.5%
    2005$6,491 -8.2%$327,160 +3%
    2004$7,070 +19%$317,640 +19.8%
    2003$5,944 +8.9%$265,120 +3%
    2002$5,458 +22.1%$257,400 +20.7%
    2000$4,469 +7.6%$213,300 +3%
    1999$4,155 $207,090

    Find assessor info on the county website

    Neighborhood: Reed

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Grout
    • Middle: Hosford
    • High: Cleveland

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,448,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,448,200