NOT LISTED FOR SALE

1810 SW 88th Ave Portland, OR 97225

Estimated Value: $351,000 - $377,000

0.31 Acre
$1,191,684 Price per Acre
13,504 Sq Ft Lot

Last Sold August 28, 2018

Last sale price $190,000

Est. 94% increase in value since last sale

Current estimated payment $2,321/month

10 Days on Market

About This Lot

As of August 2018

Great opportunity to build a custom home in Cedar Mill. Overbuilt 3 car, 2 story garage with lower rear entrance. Potential ADU conversion on the existing structure possible. Buyer to do all due diligence. Very close to St. Vincent Hospital, Barnes Rd, Intel, Nike, Columbia. Approved plans for a custom modern home available.

Last Agent to Sell the Property

Salem Alsudairy

Element Realty LLC License #201204470 Listed on: 08/09/2018

Last Buyer's Agent

LoriLei Ritmiller

Mal & Seitz License #200003048

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,158

Lot Details

  • Gentle Sloping Lot
  • Property is zoned R5

Property Details

Property Type

Land

Est. Annual Taxes

$3,158

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Single Family Residence
  • Remarks Public: Great opportunity to build a custom home in Cedar Mill. Overbuilt 3 car, 2 story garage with lower rear entrance. Potential ADU conversion on the existing structure possible. Buyer to do all due diligence. Very close to St. Vincent Hospital, Barnes Rd, Intel, Nike, Columbia. Approved plans for a custom modern home available.
  • Additional Structure Other Types: Garage(s)
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: 2007-006 PARTITION PLAT, LOT 1, ACRES .31

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Additional Structure Supplement: Yes
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Sewer Available, Water Available, Phone Available

Association/Amenities

  • Amenities Supplement: No
  • Existing Structures Description: Garage(s)
  • Existing Structures: Yes

Schools

  • Elementary School: W Tualatin View
  • Middle School: Cedar Park
  • High School: Beaverton

Lot Info

  • Acres: 0.31
  • Zoning: R5
  • Farm Supplement: No
  • Present Use: Mixed Use, Raw Land
  • Water Rights Supplement: No
  • Land Description: Gentle Sloping

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 2420.44
  • Assessor Parcel Number: R2150639
  • Tax Year: 2017

MLS Schools

  • Elementary School: W Tualatin View
  • High School: Beaverton
  • Middle School: Cedar Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Aug 23, 2018
Sold by
Soule Thomas and Soule Michelle
Bought by
De Marco Builders Inc
Seller's Agent
Salem Alsudairy
Element Realty LLC
Buyer's Agent
LoriLei Ritmiller
Mal & Seitz
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Total Days on Market
10
Current Estimated Value
$369,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,422
Avg. Annual Appreciation
10.26%

Purchase Details

Listed on
Jun 16, 2016
Closed on
Nov 5, 2016
Sold by
Runyan Gerald R and Runyan Mary P
Bought by
Soule Thomas and Soule Michelle
Seller's Agent
Scott Caldwell
ELEETE Real Estate
Buyer's Agent
Dana Austin
Cascade Hasson Sotheby's International Realty
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Source: Public Records

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Range of Values:

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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
De Marco Builders Inc $190,000 Lawyers Title
Soule Thomas $165,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed De Marco Builders Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $190,000 -5.0% --
08/19/2018 08/19/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $200,000 +21.2% --
11/09/2016 11/09/16 Sold $165,000 -5.7% --
11/02/2016 11/02/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $175,000 -- --
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 $3,158 $174,390 -- --
2024 $2,966 $169,320 -- --
2023 $2,966 $164,390 $0 $0
2022 $2,870 $164,390 $0 $0
2021 $2,766 $154,970 $0 $0
2020 $2,683 $150,460 $0 $0
2019 $2,596 $146,080 $0 $0
2018 $2,511 $141,830 $0 $0
2017 $2,420 $137,700 $0 $0
2016 $2,334 $133,690 $0 $0
2015 $2,244 $129,800 $0 $0
2014 $2,199 $126,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18623684

Regional Multiple Listing Service (RMLS)

APN: R2150639