NOT LISTED FOR SALE

16987 NW Madrone St Portland, OR 97229

Estimated Value: $754,000 - $794,000

5 Beds
4 Baths
2,735 Sq Ft
$285/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $575,000 $210 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,003/month

317 Days on Market

Highlights

  • Spa
  • Deck
  • 1 Fireplace
  • Springville K-8 School Rated A
  • Wood Flooring
  • 4-minute walk to Parivar Park

About This Home

As of January 2021

New price. The best floor plan at The Heights at Abbey Creek in highly-desirable North Bethany neighborhood. Well kept like new. Open floor plan features 5 bedrooms, 3.5 baths w/ bonus room & daylight basement. Gourmet kitchen w/slab granite, full height backsplash, high end SS appliances and many upgrades throughout the house. 30k spent on backyard improvement and Jacuzzi. Solar panel included.

Last Agent to Sell the Property

George Wu

MORE Realty License #201210388 Listed on: 02/02/2020

Co-Listed By

Wendy Zhu

Crestview Realty, LLC License #201211353

Last Buyer's Agent

Annie He

MORE Realty License #201227889

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,628

Year Built

  • Built in 2015

Lot Details

  • Fenced

HOA Fees

  • $48 per month

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Natural lighting in basement

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Spa
  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Common Area
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,628

Year Built

Built in 2015

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: NW Contemporary
  • Sq Ft Calculated: 2151
  • Sq Ft Approximate Total: 2735
  • Stories: 3
  • Year Built: 2015
  • Property Condition: Resale
  • Remarks Public: New price. The best floor plan at The Heights at Abbey Creek in highly-desirable North Bethany neighborhood. Well kept like new. Open floor plan features 5 bedrooms, 3.5 baths w/ bonus room & daylight basement. Gourmet kitchen w/slab granite, full height backsplash, high end SS appliances and many upgrades throughout the house. 30k spent on backyard improvement and Jacuzzi. Solar panel included.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: 5th Bedroom, Laundry
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 3.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Washer/Dryer, Wall to Wall Carpet, Wood Floors
  • Kitchen Appliances: Dishwasher, Built-in Oven, Free-Standing Refrigerator, Granite, Stainless Steel Appliance(s)
  • Legal Description: BETHANY ABBEY HEIGHTS, LOT 49, ACRES .08
  • Sq Ft Lower Level: 584
  • Sq Ft Main Level: 920
  • Upper Level Sq Ft: 1231
  • Bedrooms: 5
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Basement: Daylight
  • Dining Room: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 5th Bedroom,On Level: Lower
  • Additional Room 2: Description: Laundry,On Level: Upper
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Deck, Fenced, Built-in Hot Tub
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Concrete

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • HOA Fees: 48
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Association Amenities: Commons, Management

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Springville
  • Middle School: Stoller
  • High School: Westview

Lot Info

  • Acres: 0.08
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 7080.52
  • Assessor Parcel Number: R2191681
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Springville
  • High School: Westview
  • Middle School: Stoller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2020
Closed on
Jan 23, 2021
Sold by
Wei Milan and Rivera Ivan
Bought by
Li Yi and Lu Yisi
Seller's Agent
George Wu
MORE Realty
Buyer's Agent
Annie He
MORE Realty
List Price
$590,000
Sold Price
$575,000
Premium/Discount to List
-$15,000
-2.54%
Current Estimated Value
$778,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,864
Avg. Annual Appreciation
6.60%
Original Mortgage
$442,750
Outstanding Balance
$400,548
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$371,057

Purchase Details

Closed on
Mar 2, 2016
Sold by
D R Horton Inc Portland
Bought by
Wei Mian and Rivera Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Yi $575,000 Stewart Title
Wei Mian $552,175 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yi $442,750
Previous Owner Wei Mian $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $575,000 -2.5% $210 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $590,000 0.0% $216 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $590,000 0.0% $216 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $590,000 -0.8% $216 / Sq Ft
06/07/2020 06/07/20 Price Changed $594,900 -0.8% $218 / Sq Ft
03/18/2020 03/18/20 For Sale $599,900 0.0% $219 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/02/2020 02/02/20 For Sale $599,900 -- $219 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $8,628 $436,720 -- --
2024 $8,127 $424,000 -- --
2023 $8,127 $406,090 $0 $0
2022 $7,769 $406,090 $0 $0
2021 $7,489 $382,790 $0 $0
2020 $7,253 $371,650 $0 $0
2019 $7,081 $360,830 $0 $0
2018 $6,830 $350,330 $0 $0
2017 $6,618 $340,130 $0 $0
2016 $3,340 $171,300 $0 $0
2015 $523 $28,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • George Wu

    Seller's Agent in 2021

    George Wu

    MORE Realty

    (971) 999-0999

    3 in this area

    26 Total Sales

    George Wu
    Section Image

  • W

    Seller Co-Listing Agent in 2021

    Wendy Zhu

    Crestview Realty, LLC

    (503) 729-8208

    7 in this area

    108 Total Sales

    Wendy Zhu
    Section Image

  • A

    Buyer's Agent in 2021

    Annie He

    MORE Realty

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20015106

Regional Multiple Listing Service (RMLS)

APN: R2191681

Oregon Washington County Portland 97229

16987 NW Madrone St, Portland, OR

This home is located at 16987 NW Madrone St, Portland, OR 97229 since 02 February 2020 and is currently estimated at $778,864, approximately $284 per square foot. This property was built in 2015. 16987 NW Madrone St is a home located in Washington County with nearby schools including Springville K-8 School, Stoller Middle School, and Westview High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The 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 brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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