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4873 Promenade Ter

Portland, OR 97229

1 bd 2 ba 1,245 sqft Built 2003 condos
Most recent sale
$425,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $425,000 MLS #22594510
Mar 31, 2022 Listed $425,000 MLS #22594510
Feb 2, 2004 Sold $194,800 MLS #3035196
Jun 3, 2003 Listed $194,800 MLS #3035196

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $291,390 $4,901
2023 $274,670 $4,522
2022 $266,670 $4,371
2021 $258,910 $4,208
2020 $251,370 $4,082
2019 $244,050 $3,942
2018 $236,950 $3,733
2017 $230,050 $3,673
2016 $223,350 $3,430
2015 $216,850 $3,212
2014 $210,540 $3,312
2013 $204,410 $3,050
2012 $198,460 $2,863
2011 $192,680 $2,760
2010 $187,550 $2,722
2009 $182,090 $2,670
2008 $176,790 $2,502
2007 $171,650 $2,440

Property facts

Year built
2003
Property type
condos
Stories
1
Beds
1
Baths
2
Living area
1,245 sqft
Lot size
ZIP code
97229
City
Portland
Street
Promenade Ter
Coordinates
45.55502, -122.83283

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,490
Gross rental yield
7.03%
Implied cap rate
4.57%
Trend-extrapolated value

Frequently asked questions

When did 4873 Promenade Ter last sell?
4873 Promenade Ter most recently sold on May 10, 2022 for $425,000.
What is the current tax assessment for 4873 Promenade Ter?
The most recent total assessment for 4873 Promenade Ter (year 2025) is $291,390 with $4,901 in property tax.
How does 4873 Promenade Ter's assessment compare to its last sale price?
The current assessment is 31.4% below the last sale price of $425,000.
When was 4873 Promenade Ter built?
4873 Promenade Ter was built in 2003.
How does 4873 Promenade Ter compare to others on Promenade Ter?
We track 8 other properties on Promenade Ter. Browse the list under "Other properties on Promenade Ter" to compare beds, baths, and sale history.
What are the property facts for 4873 Promenade Ter?
4873 Promenade Ter is a 1 bed, 2 bath, 1,245 sqft condos.
Is 4873 Promenade Ter a flip candidate?
No — 4873 Promenade Ter does not appear in our flips dataset.
Is 4873 Promenade Ter a tax-appeal candidate?
No — 4873 Promenade Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.4%
Implied 1-yr
-13.4%
2026 Q3
$717K
2026 Q4
$686.2K
ZIP 97229 — Median Price History + Forecast

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