SOLD OCT 28, 2025

Off Market Oct 2025 for $492K

$680,985

Est. refi paymentEst. refi $3,558/mo

•

2,572

sq ft

3948 SE Wake St, Portland, OR 97222

About this home

OPPORTUNITY KNOCKS!!! HUGE UPSIDE POTENTIAL. This spacious Milwaukie home is ideally located within walking distance to Ardenwald Elementary. Offering versatility and room to grow, this residence features three bedrooms and 1.5 bathrooms on the main level, complemented by a traditional living room plus a large family room addition with soaring vaulted ceilings—perfect for gatherings and everyday living. The lower level adds even more flexibility with an additional bedroom, full bathroom, and a generous living space, ideal for guests, extended family, or a home office setup. Set on a sizable lot, the property boasts an in-ground pool for summer enjoyment, a one-car attached garage, and the added benefit of Clackamas County taxes. With solid bones and plenty of square footage, this home presents a fantastic opportunity to increase value through cosmetic updates and personalization. Don’t miss this chance to own a property that combines convenience, space, and potential—all in a desirable Milwaukie neighborhood.

Single-familyProperty Type

1956Year Built

$265Est. Price/Sq.Ft.

1 car garageParking

Listed by Brian Getman • Where, Inc

Listed by Joey Gatto • Where, Inc

Bought with Mary Mayther-Slac • Vantage Point Properties Inc

Redfin checked: 2 minutes ago

•Source:RMLS #740237152

Redfin Estimate

$680,985

$189K since sold in October 2025$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.7% higher than the average sale price ($594K) of 6 comparable homes.

SOLD APR 29, 2026
$700,000
A
4 beds3 baths2,280 sq ft
4867 SE Fieldcrest St, Portland, OR 97222
SOLD AUG 28, 2026
$499,000
B
3 beds3 baths2,512 sq ft
4954 SE Willow St, Portland, OR 97222
SOLD JUN 22, 2026
$581,000
C
3 beds2 baths1,634 sq ft
9135 SE 42nd Ave, Portland, OR 97222
SOLD JUN 17, 2026
$587,500
D
5 beds3 baths2,632 sq ft
4934 SE Harvey St, Portland, OR 97222
SOLD AUG 18, 2026
$850,000
E
4 beds3 baths3,140 sq ft
8617 SE 36th Ave, Portland, OR 97222
SOLD JUL 14, 2026
$345,000
F
3 beds2 baths2,016 sq ft
8835 SE Regents Dr, Portland, OR 97222

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Earn from this home

Sell

$251,812

Est. take-home

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Refinance

Est. cash available

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Rent

$2,640/mo

Redfin rental estimate

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Market trends in Ardenwald, OR

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

2.0% MoM

Median sale price

$480K

$60K MoM

Avg. days on market

25d

16 days MoM

Recently sold homes

4 MoM

New listings for sale

OPEN SAT, 11AM TO 1PM
$549,000
3 beds2 baths1,560 sq ft
9683 SE 37th Ave, Portland, OR 97222
Nic Isfeld • Better Homes & Gardens Realty
OPEN SAT, 2PM TO 4PM
$550,000
5 beds2 baths1,648 sq ft
4930 SE Mason Ln, Portland, OR 97222
Rachel Cardman-Brewer • Living Room Realty
REDFIN OPEN SAT, 1PM TO 4PM
$425,000
2 beds1 bath1,628 sq ft
5511 SE Willow St, Portland, OR 97222
Redfin
OPEN SAT, 11AM TO 1PM
$599,000
4 beds2 baths2,750 sq ft
3328 SE Olsen St, Portland, OR 97222
Eric Newson • Keller Williams Realty Portland Elite
NEW 27 HRS AGO
$524,000
4 beds3 baths1,595 sq ft
11654 SE 31st Ave, Portland, OR 97222
Breanna Zulauf • Soldera Properties, Inc
LISTED BY REDFIN
$915,000
6 beds3 baths3,166 sq ft
13159 SE Sprout Ln, Portland, OR 97222
Redfin
$349,000
2 beds1 bath960 sq ft
5816 SE Firwood St, Portland, OR 97222
Heather Bonney • MORE Realty
$350,000
2 beds1 bath1,030 sq ft
3944 SE Monroe St Unit A, Milwaukie, OR 97222
Kelly Fitzmaurice • Harnish Company Realtors
VIDEO TOUR
$549,500
3 beds2 baths1,680 sq ft
11312 SE 32nd Ave, Portland, OR 97222
Chad Meier • Living Room Realty
$325,000
2 beds1 bath1,030 sq ft
3942 SE Monroe St, Portland, OR 97222
Kelly Fitzmaurice • Harnish Company Realtors
See all

Provided by Redfin

Redfin agents who toured

Nestled in a desirable Milwaukie neighborhood, this spacious home features a basement with potential for additional living space and a swimming pool. The backyard offers privacy, creating a serene outdoor retreat.
12 months ago• May not reflect the current state of the home
Kristie Nollman
Redfin Associate agent

Sale history for 3948 SE Wake St

** Price available after signing in.

Tax history for 3948 SE Wake St

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

8,213 Sq. Ft.

Year renovated

—

Sq. Ft.

2,800

Year built

1956

Style

Single Family Residential

County

Clackamas County

APN

00003846

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 18, 2026.

RMD

Moderate Density Residential Zone

The moderate density residential zone is intended to create, maintain, and promote neighborhoods and allow a broad range of housing types. Some non-residential uses are allowed, but overall the character is one of residential neighborhoods.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
Parking Features: Driveway, Off Street
Parking Total: 1

Garage Information
Garage Type: Attached
Garage Spaces: 1
Has Attached Garage: Yes

Interior

Appliances
Hot Water Description: Electricity

Interior Features
Interior Features: Garage Door Opener, Hardwood Floors
Fireplace YN: Yes
Fireplaces Total: 3
Fireplace Features: Gas, Wood Burning
Basement: Finished, Full Basement

Bathroom Information
Bathrooms Full: 2
Bathrooms Full Lower Level: 1
Bathrooms Full Main Level: 1
Bathrooms Partial: 1
Bathrooms Partial Main Level: 1
Bathrooms Total Integer: 3
Bathrooms Total Lower Level: 1
Bathrooms Total Main Level: 1.1
Baths Total: 2.1

Room 4 Information
Area: 120
Description: 4th Bedroom
Length: 10
Width: 12
Level: Lower

Room 7 Information
Area: 72
Description: 2nd Bedroom
Length: 8
Width: 9
Level: Main

Room 8 Information
Area: 108
Description: 3rd Bedroom
Length: 12
Width: 9
Level: Main

Room 9 Information
Area: 63
Description: Dining Room
Length: 9
Width: 7
Level: Main

Room 10 Information
Area: 420
Description: Family Room
Length: 21
Width: 20
Level: Main

Room 11 Information
Area: 105
Description: Kitchen
Length: 15
Width: 7
Level: Main

Room 12 Information
Area: 240
Description: Living Room
Length: 16
Width: 15
Level: Main

Room 13 Information
Area: 130
Description: Primary Bedroom
Length: 10
Width: 13
Level: Main

Room 14 Information
Description: Great Room

Exterior

Exterior Features
Roof: Composition, Shingle
Exterior Features: In Ground Pool, Outbuilding, Yard
Exterior Description: Wood Siding
Unreinforced Masonry Bldg: No

Lot Information
Lot Size Range: 7,000 to 9,999 SqFt
Lot Size: 7,000 to 9,999 SqFt
Lot Features: Level, Private
Parcel Number: 00003846
Road Surface Type: Concrete, Paved

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Condition: Resale
Main Level Area Total: 1,436
Lower Level Area Total: 1,136
View YN: No

Building Information
Year Built: 1956
Building Area Total: 2,572
Building Area Description: assessor
Building Area Calculated: 1,436
Foundation Details: Concrete Perimeter, Slab

Financial

Tax Information
Tax Year: 2024
Tax Legal Description: 765 MAPLECREST ADD LT 6 BLK 1
Tax Annual Amount: $5,850.49

Lease / Rent Information
Land Lease YN: No

Utilities

Utility Information
Green Certification YN: No
Fuel Description: Electricity, Gas
Internet Service Type: Cable
Water Source: Public Water
Sewer: Public Sewer

Heating & Cooling
Heating YN: Yes
Heating: Forced Air
Cooling YN: Yes
Cooling: Central Air

Location

School Information
Elementary School: Ardenwald
Middle Or Junior School: Rowe
High School: Milwaukie

Location Information
Directions: SE 32nd -->SE Roswell -->SE 39th --> SE WAKE ST
Unparsed Address: 3948 SE WAKE ST, Milwaukie, OR 97222

Community Information
Senior Community YN: No

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 2,800
Stories: 1.0
Lot Size: 8,213 square feet
Style: Single Family Residential
Year Built: 1956
Year Renovated: —
County: Clackamas County
APN: 00003846

Home facts updated by county records on Jun 18, 2026

Other

Listing Information
MlsStatus: Sold

Listing Price Information
Price Type: List Price

New Construction Information
New Construction YN: No

Around this home

Schools

Ardenwald Elementary School

Public K-5 • Assigned • 0.1mi

6/10

Rowe Middle School

Public 6-8 • Assigned • 1.6mi

3/10

Milwaukie High School

Public 9-12 • Assigned • 1.3mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 93° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

19 unhealthy days expected this year, 21 days in 30 years

Provided by First Street

Historical weather

Portland, OR • 97222

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 2 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$647,000 – $784,000

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Nearby similar homes

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Redfin

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Home values near 3948 SE Wake St

Data from public records.

Address	Redfin Estimate
3878 SE Wake Street, Portland, OR 4 Beds \| 2 Baths \| 2534 Sq. Ft.	$484,710
4102 SE Wake Court, Portland, OR 3 Beds \| 1 Baths \| 1020 Sq. Ft.	$482,867

Address	Redfin Estimate
3898 SE Wake Street, Portland, OR 4 Beds \| 2 Baths \| 2236 Sq. Ft.	$549,046
4116 SE Wake Court, Portland, OR 4 Beds \| 2 Baths \| 2204 Sq. Ft.	$578,440

Address	Redfin Estimate
4105 SE Wake Court, Portland, OR 3 Beds \| 2 Baths \| 1633 Sq. Ft.	$563,797
3848 SE Wake Street, Portland, OR 3 Beds \| 1 Baths \| 2376 Sq. Ft.	$509,133

Property information provided by RMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in Ardenwald, OR

Redfin agents who toured

Sale history for 3948 SE Wake St

Tax history for 3948 SE Wake St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 97222

Home values near 3948 SE Wake St

More real estate resources