5 months on rocket

2803 SE 50th Ave, Portland, OR, 97206

$445,000

Home List Price

$5,284*

Closing Credit

2 Bedrooms
1 Full Bath
1,752 SqFt
$254/SqFt
House

Location

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2803 SE 50th Ave, Portland$445,000

Buyer Closing Credits

$5,284*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Garage1 space
Year Built1922
HeatingForced Air
CoolingNone
BasementYes
ViewTrees/Woods
MLS #24272170
Lot Size0.12 Acres
StatusActive

About 2803 SE 50th Ave

Seen this before? Now with an updated basement!! New windows to bring in natural light, new insulation, paint, and doors! No more dark and musty basement. Beautifully updated 2-bedroom, 1-bath bungalow in the heart of SE Portland's Richmond neighborhood, perfect for first-time buyers or local investors. This charming home features over $100,000 in improvements, including a fully remodeled kitchen with new stainless steel appliances, a modern bathroom, and all-new windows with a 10-year warranty. Enjoy peace of mind with a brand-new roof and gutters under a 15-year warranty, a new electrical panel, water heater, and sewer line. Fresh interior and exterior paint, original wood floors, and luxury vinyl plank flooring add to the appeal. The home also boasts a 450 sqft unfinished basement and a large vaulted attic, providing ample storage or creative space. The backyard offers a covered deck, ideal for outdoor gatherings, and a detached one-car garage with a new roof and roll-up door. Move-in ready and brimming with modern comforts, this bungalow seamlessly blends historic charm with contemporary upgrades. Walking distance to Franklin High School and Clinton Park, lots of eateries, and ample street parking. The 3D tour does not reflect the most recent updates to the property, must come to see in person. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10228838]

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1922
  • Stories: 2
  • Living Area: 1,752 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Professionals
  • Office Phone: (503) 546-9955
  • Listing Agent: Alexander Phan

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator, Range Hood
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl, Wood
  • Interior: Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Covered Deck, Fence, Porch, Tool Shed, Yard

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Driveway

Virtual/3D Tour

  • 3D Tour: 2803 SE 50th Ave
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: South of Division on 50th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $445,000
  • Price Per SqFt: $254/SqFt

Tax Information:

  • Annual Amount: $3,494
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Portland, OR.

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Portland, OR

City

Med. Sold Price

$541.3K

Med. Price/SqFt

$315

Avg. Days On Market

48

# of Sold Homes

849

2803 SE 50th Ave vs Portland

170 DAYS ON ROCKET

+122 Days

$445,000

-$96.3K Less

$254/SqFt

-$62 Less

KEY TAKEAWAY

This property is $96.3K less than the Median Sold Price and $62/SqFt less than other homes in Portland, OR.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Regional Multiple Listing Service, Inc.
  • MLS Number: #24272170

Listing Office:

  • Office Name: Keller Williams Realty Professionals
  • Office Phone: (503) 546-9955
  • Listing Agent: Alexander Phan

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 12:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,494$136,780
2018$3,267$128,940
2017$3,131$125,190

History based on county public records data.

Payment Calculator

$2,288

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,401

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-276068
8
/10

  • Atkinson Elementary School

  • 5800 SE Division St

  • 0.36 miles

  • Public District Grades KG-5

school-card-donut-276069
8
/10

  • Richmond Elementary School

  • 2276 SE 41st Ave

  • 0.49 miles

  • Public District Grades PK-5

school-card-donut-276070
8
/10

  • Creston Elementary School

  • 4701 SE Bush St

  • 0.52 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,570. Typical income of Portland, OR residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2803 SE 50th Ave

What is the listing price of this property?

The listing price of 2803 SE 50th Ave property is $445,000.

What type of property is this?

The property 2803 SE 50th Ave is a house located in Portland, Oregon, 97206.

Is this property for sale now?

Active Listing: 2803 SE 50th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,494 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2803 SE 50th Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 2803 SE 50th Ave is 1,752 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2803 SE 50th Ave is 1922.

Rocket Homes›Oregon›Multnomah County›Portland›97206›2803 SE 50th Ave

This home is located at 2803 SE 50th Ave in Portland, OR and zip code 97206 in the Southeast Portland neighborhood. This 1,752 square foot home, which was built in 1922, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $445,000.

Portland, OR housing market in October 2024 saw over 298 listings sold above listed price, more than 212 sold at listed price and over 339 sold below. The inventory of homes for sale in Portland, OR between September 2024 and October 2024 increased by 4.2%. The median list price of listings available in October 2024 was $541,309, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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