Charming and spacious, this 1942 University Park home offers a harmonious blend of classic architecture and modern updates. Just blocks from the University of Portland, this residence is perfectly situated in a vibrant neighborhood, combining convenience with the tranquility of a well-established community. This delightful home features five bedrooms and two bathrooms, thoughtfully distributed across three levels to maximize space and privacy. The main floor boasts two cozy bedrooms and a completely remodeled bathroom, epitomizing comfort and style. The living spaces on this level are designed to facilitate seamless daily living and entertaining, with abundant natural light enhancing the warm, welcoming ambiance. The basement presents an exciting opportunity for an Accessory Dwelling Unit (ADU), with two additional bedrooms and a bathroom, offering potential for rental income or extended family living arrangements. This versatile space is ripe for customization to suit your unique needs and preferences. Ascending to the upper level, you'll discover nearly 500 square feet that houses the fifth bedroom. This expansive space can easily be transformed into a luxurious primary suite, a creative studio, or a playroom, depending on your lifestyle requirements. This versatile property is more than just a house; it's a home that caters to a variety of living situations, from growing families to investors seeking an opportunity with ADU potential in an established neighborhood. An included home warranty offers peace of mind, so don't miss the chance to make this enchanting Portland residence your own.
Sold
$555,000
7051 N Wellesley Ave, Portland, OR 97203
5beds
2,669sqft
Residential, Single Family Residence
Built in 1942
6,534 Square Feet Lot
$652,200 Zestimate®
$208/sqft
$3,608 Estimated rent
Home value
$652,200
$620,000 - $691,000
$3,608/mo
Zestimate® history
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$3,384/mo
Est. payment
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$3,384/mo
Est. payment
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List your homeWhat's special
Abundant natural lightExpansive spaceClassic architectureModern updatesLuxurious primary suiteCreative studio
Zillow last checked:
Listing updated:
Listed by:
Howard Andrews 503-682-0235,
Knipe Realty ERA Powered
Bought with:
Michael Caplan, 860600031
Windermere Realty Trust
Source: RMLS (OR),MLS#: 24104291
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Main
Bedroom 2
- Level: Main
Bedroom 3
- Level: Lower
Bedroom 4
- Level: Lower
Bedroom 5
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Down Draft, Free-Standing Range, Free-Standing Refrigerator, Gas Appliances, Gas Water Heater
Features
- Soaking Tub
- Flooring: Hardwood
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Storm Window(s), Vinyl Frames, Wood Frames
- Basement: Full,Partially Finished,Separate Living Quarters Apartment Aux Living Unit
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,669
- Total interior livable area: 2,669 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, On Street, Garage Door Opener, Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Rollin Shower, Walkin Shower, Accessibility
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Fencing: Fenced
Lot
- Size: 6,534 sqft
- Features: SqFt 5000 to 6999
Details
- Additional structures: ToolShed
- Parcel number: R137214
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1942
Details
- Warranty included: Yes
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected
Green energy
- Water conservation: Dual Flush Toilet
Community & neighborhood
Security
- Security features: Security Lights, Sidewalk
Location
- Region: Portland
- Subdivision: University Park
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2024 | Sold | $555,000-5.9%$208/sqft |
Source:  RMLS (OR) #24104291 Report a problem | ||
| 3/6/2024 | Pending sale | $589,900$221/sqft |
Source: RMLS (OR) #24104291 Report a problem | ||
| 2/29/2024 | Listed for sale | $589,900+55.6%$221/sqft |
Source: RMLS (OR) #24104291 Report a problem | ||
| 8/6/2008 | Sold | $379,000+171.7%$142/sqft |
Source: Public Record Report a problem | ||
| 10/24/1997 | Sold | $139,500$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,025 +3.7% | $260,700 +3% |
| 2024 | $6,772 +4% | $253,110 +3% |
| 2023 | $6,512 +2.2% | $245,740 +3% |
| 2022 | $6,371 +1.7% | $238,590 +3% |
| 2021 | $6,263 +9% | $231,650 +3% |
| 2020 | $5,746 +3.8% | $224,910 +3% |
| 2019 | $5,535 | $218,360 +3% |
| 2018 | $5,535 +3% | $212,000 +3% |
| 2017 | $5,372 +14% | $205,830 +3% |
| 2016 | $4,712 | $199,840 +3% |
| 2015 | $4,712 +2.7% | $194,020 +3% |
| 2014 | $4,588 +3.9% | $188,370 +3% |
| 2013 | $4,414 +10.5% | $182,890 +3% |
| 2012 | $3,993 +3.9% | $177,570 +3% |
| 2011 | $3,843 +5.4% | $172,400 +3% |
| 2010 | $3,646 +2.7% | $167,380 +3% |
| 2009 | $3,550 +6% | $162,510 +3% |
| 2008 | $3,350 +0.3% | $157,780 +3% |
| 2007 | $3,340 +11.4% | $153,190 +3% |
| 2006 | $3,000 +4.7% | $148,730 +3% |
| 2005 | $2,865 -8.2% | $144,400 +3% |
| 2004 | $3,121 +2.3% | $140,200 +3% |
| 2003 | $3,052 +8.9% | $136,120 +3% |
| 2002 | $2,803 +7.4% | $132,160 +6.1% |
| 2000 | $2,610 +7.5% | $124,590 +3% |
| 1999 | $2,427 | $120,970 |
Find assessor info on the county website
Neighborhood: University Park
Nearby schools
GreatSchools rating
- 9/10Astor Elementary SchoolGrades: K-8Distance: 0.7 mi
- 2/10Roosevelt High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Astor
- Middle: Astor
- High: Roosevelt
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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Estimated market value
$652,200
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
$652,200
- Oregon
- Multnomah County
- Portland
- 97203
- University Park
- 7051 N Wellesley Ave
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