2 months on rocket

7225 SW 1st Ave, Portland, OR, 97219

$515,000

Home List Price

$6,116*

Closing Credit

2 Bedrooms
1 Full Bath
1,908 SqFt
$270/SqFt
House

Location

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7225 SW 1st Ave, Portland$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingStreet Parking
Year Built1916
HeatingForced Air
BasementYes
FireplaceGas Fireplace
MLS #24515435
Lot Size0.18 Acres
StatusActive

About 7225 SW 1st Ave

Welcome to this beautifully maintained 1916 bungalow home, offering a perfect blend of historic charm and modern comfort. This 2-bedroom, 1-bath features refinished hardwood floors that radiate warmth and character throughout the main living areas. The large lot offers plenty of outdoor space for gardening or entertaining. The partially finished basement includes two additional rooms—perfect for bedrooms, offices, or a studio with plenty of storage space. Conveniently located near downtown, OHSU, and Lewis and Clark College, this home combines historic character with modern convenience. Don’t miss this unique Portland gem! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10232511]

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1916
  • Stories: 2
  • Living Area: 1,908 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Portland Premiere
  • Office Phone: (503) 597-2444
  • Listing Agent: Ashley Malpass

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Ceiling Fan(s), Washer/Dryer
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fence, Yard

Parking Information:

  • Attached Garage: No
  • Parking: Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Wilson High School, Public District Grades 9-12
  • Gray Middle School, Public District Grades 6-8
  • Rieke Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: SW Barbur to SW Miles--North on SW 1st

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $270/SqFt

Tax Information:

  • Annual Amount: $5,032
  • 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

7225 SW 1st Ave vs Portland

62 DAYS ON ROCKET

+14 Days

$515,000

-$26.3K Less

$270/SqFt

-$46 Less

KEY TAKEAWAY

This property is $26.3K less than the Median Sold Price and $46/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: #24515435

Listing Office:

  • Office Name: Keller Williams Realty Portland Premiere
  • Office Phone: (503) 597-2444
  • Listing Agent: Ashley Malpass

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: 11/5/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2017Home Sold
$320,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,032$197,180
2018$4,704$185,870
2017$4,509$180,460

History based on county public records data.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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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.

Elementary School

school-card-donut-109487
10
/10

  • Rieke Elementary School

  • 1405 SW Vermont St

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-109488
6
/10

  • Gray Middle School

  • 5505 SW 23rd Ave

  • 1.28 miles

  • Public District Grades 6-8

High School

school-card-donut-109489
8
/10

  • Wilson High School

  • 1151 SW Vermont St

  • 0.65 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $91,667. The most common annual income of people living in Portland, OR is between $35k-100k. Typical family type 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 7225 SW 1st Ave

What is the listing price of this property?

The listing price of 7225 SW 1st Ave property is $515,000.

What type of property is this?

The property 7225 SW 1st Ave is a house located in Portland, Oregon, 97219.

Is this property for sale now?

Active Listing: 7225 SW 1st Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7225 SW 1st Ave are:
Rieke Elementary School: GreatSchools Rating 10/10
Gray Middle School: GreatSchools Rating 6/10
Wilson High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,032 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 18, 2017 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7225 SW 1st Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7225 SW 1st Ave is 1,908 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7225 SW 1st Ave is 1916.

Rocket Homes›Oregon›Multnomah County›Portland›97219›7225 SW 1st Ave

This home is located at 7225 SW 1st Ave in Portland, OR and zip code 97219 in the South Portland neighborhood. This 1,908 square foot home, which was built in 1916, sits on a 0.18 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $515,000.

In October 2024, from all listings sold in Portland, OR there were more than 298 sold above asking price, over 339 sold below and more than 212 were sold right at the asked price. In October 2024 in Portland, OR there were 4.2% more homes for sale than in September 2024. 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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