12625 SE Sherman St Portland, OR 97233
Mill Park NeighborhoodEstimated payment $4,436/month
Highlights
- RV Access or Parking
- Maid or Guest Quarters
- Wood Burning Stove
- 0.47 Acre Lot
- Deck
- Vaulted Ceiling
About This Home
Improved Price! Discover exceptional versatility and income potential in this impressive property featuring a spacious 2640 sq ft home with 4 beds, 3 baths, elevator, koi pond, two separate gated entrances, expansive detached shop with office, and ADU. Enter the residence through the private driveway with automatic gate to find beautiful mature landscaping. Inside, a great room with gas fireplace and soaring vaulted ceiling flows seamlessly into the open kitchen. 3 bedrooms on the main floor including one with ensuite bath and two with exterior access allow for flexible living space. Upstairs, an open loft space provides room for an office nook, while a large bedroom offers a walk-in closet and two large storage areas. Thoughtful accessibility features throughout the home include a fully operational elevator, utility room on the main, and a walk-in tub. Updates include fresh interior paint, new carpet/flooring, and gas range. At the back of the home, Trex decking leads to a private oasis featuring a charming koi pond refreshed with a new motor. The fenced landscape is maintained by a sprinkler system for ease of living and the large drive provides abundant additional parking or room for an RV. Adjacent to the home, a detached two car garage/carport provides additional storage and leads to a tenant-occupied 1 bed/1 bath unit with washer/dryer and dedicated yard space. Continue past the second set of garage doors to enter the massive shop which offers serious workspace and amenities including: 3-phase power, heater, separate electric meter (combined with ADU), office space, kitchenette, two bathrooms, and additional loft space with roof door access. Whether you're seeking a multi-generational living solution, care-giving facility, or investment opportunity with built-in income streams, this unique property delivers endless possibilities. The combination of main residence, workshop, and rental unit creates a rare opportunity in SE Portland's desirable market.
Listing Agent
Cascade Hasson Sotheby's International Realty License #201234784 Listed on: 07/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,599
Year Built
- Built in 1996
Lot Details
- 0.47 Acre Lot
- Gated Home
- Level Lot
- Sprinkler System
- Private Yard
- Garden
- Raised Garden Beds
Parking
- 2 Car Detached Garage
- Extra Deep Garage
- Garage on Main Level
- Workshop in Garage
- Garage Door Opener
- On-Street Parking
- RV Access or Parking
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,698 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Vaulted Ceiling
- Ceiling Fan
- Skylights
- 2 Fireplaces
- Wood Burning Stove
- Gas Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Family Room
- Living Room
- Dining Room
- Loft
- First Floor Utility Room
- Washer and Dryer
- Utility Room
- Security Gate
Kitchen
- Free-Standing Gas Range
- Range Hood
- Dishwasher
- Granite Countertops
- Tile Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Maid or Guest Quarters
Accessible Home Design
- Accessible Elevator Installed
- Accessible Full Bathroom
- Accessible Hallway
- Accessibility Features
- Accessible Entrance
- Accessible Parking
Outdoor Features
- Deck
- Patio
- Outdoor Water Feature
- Separate Outdoor Workshop
- Outbuilding
Schools
- Mill Park Elementary School
- Ron Russell Middle School
- David Douglas High School
Utilities
- 95% Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- High Speed Internet
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Accessory Dwelling Unit (ADU)
Community Details
- No Home Owners Association
- Powellhurst Subdivision
Listing and Financial Details
- Assessor Parcel Number R331893
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,599 | $318,550 | -- | -- |
| 2023 | $7,599 | $309,280 | $0 | $0 |
| 2022 | $6,891 | $300,280 | $0 | $0 |
| 2021 | $6,777 | $291,540 | $0 | $0 |
| 2020 | $6,140 | $283,050 | $0 | $0 |
| 2019 | $5,944 | $274,810 | $0 | $0 |
| 2018 | $5,761 | $266,810 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Price Changed | $725,000 | -3.3% | $269 / Sq Ft |
| 07/09/2025 07/09/25 | For Sale | $750,000 | -- | $278 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Special Warranty Deed | $445,000 | None Available | |
| Contract Of Sale | $445,000 | First American | |
| Bargain Sale Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Oregon Title Insurance Co |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 417058690
APN: R331893
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