NOT LISTED FOR SALE

2340 SW 87th Ave Portland, OR 97225

Estimated Value: $579,000 - $1,033,443

2 Beds
1 Bath
1,902 Sq Ft
$445/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $465,000 $244 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,067/month

Highlights

  • Secluded Lot
  • Wooded Lot
  • Shed
  • Ridgewood Elementary School Rated A-
  • Views
  • Wood Siding

About This Home

As of December 2020

Beautiful .71 acre of land in great location on private road. House is in compromised condition, so bring your vision. Sold as is. Seller to make no repairs. Easy access to HWY 26, Oregon Zoo and downtown Portland. Excellent opportunity on the way to everywhere!

Last Agent to Sell the Property

Colleen Ritt

Where, Inc License #200604303 Listed on: 10/01/2020

Co-Listed By

Laura Angyus

Where, Inc License #201223070

Last Buyer's Agent

Donavon Miller

Knipe Realty ERA Powered License #201232518

Knipe Realty ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1930

Lot Details

  • Secluded Lot
  • Sloped Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Additional Features

  • 2-Story Property
  • Shed
  • Electric Water Heater
  • Property Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,000

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Cabin, Cottage
  • Sq Ft Calculated: 930
  • Sq Ft Approximate Total: 1902
  • Stories: 2
  • Year Built: 1930
  • Property Condition: Approximately
  • Remarks Public: Beautiful .71 acre of land in great location on private road. House is in compromised condition, so bring your vision. Sold as is. Seller to make no repairs. Easy access to HWY 26, Oregon Zoo and downtown Portland. Excellent opportunity on the way to everywhere!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Fireplace Description: Stove
  • Kitchen Appliances: Dishwasher, Free-Standing Range
  • Legal Description: ACRES .71
  • Sq Ft Lower Level: 972
  • Sq Ft Main Level: 930
  • Bedrooms: 2
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Basement: Full Basement, Unfinished, Storage Space
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Exterior Features: Tool Shed
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • View: Trees/Woods
  • Foundation Details: Slab, Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wood Stove

Schools

  • Elementary School: Ridgewood
  • Middle School: Cedar Park
  • High School: Beaverton

Lot Info

  • Lot Description: Secluded, Sloped, Trees, Wooded
  • Acres: 0.71
  • Zoning: R5

Tax Info

  • Tax Amount: 2935.46
  • Assessor Parcel Number: R0067340
  • Tax Year: 2019

MLS Schools

  • Elementary School: Ridgewood
  • High School: Beaverton
  • Middle School: Cedar Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Dec 9, 2020
Sold by
Dabney Mark W
Bought by
Almoguer Aruel
Seller's Agent
Colleen Ritt
Where, Inc
Buyer's Agent
Donavon Miller
Knipe Realty ERA Powered
List Price
$474,900
Sold Price
$465,000
Premium/Discount to List
-$9,900
-2.08%
Current Estimated Value
$845,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,814
Avg. Annual Appreciation
13.24%
Original Mortgage
$507,690
Outstanding Balance
$452,802
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$393,013

Purchase Details

Closed on
Feb 5, 2016
Sold by
Colver James R and Dabney Mark W
Bought by
Colver James R and Dabney Mark W

Purchase Details

Closed on
Aug 21, 2013
Sold by
Colver James
Bought by
Colver James R and Dabney Mark W
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
Almoguer Aruel $465,000 Lawyers Title
Colver James R -- None Available
Colver James R -- None Available
Colver James R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almoguer Aruel $507,690
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $465,000 -2.1% $244 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $474,900 -- $250 / 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 $7,000 $385,550 -- --
2024 $6,576 $374,330 -- --
2023 $6,576 $213,590 $0 $0
2022 $3,737 $213,590 $0 $0
2021 $3,126 $174,670 $0 $0
2020 $3,032 $169,590 $0 $0
2019 $2,935 $164,660 $0 $0
2018 $2,840 $159,870 $0 $0
2017 $2,738 $155,220 $0 $0
2016 $2,640 $150,700 $0 $0
2015 $2,541 $146,320 $0 $0
2014 $2,497 $142,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Ritt

    Seller's Agent in 2020

    Colleen Ritt

    Where, Inc

    (503) 267-6523

    6 in this area

    105 Total Sales

    Colleen Ritt
    Section Image
  • Laura Angyus

    Seller Co-Listing Agent in 2020

    Laura Angyus

    Where, Inc

    (503) 756-5181

    4 in this area

    56 Total Sales

    Laura Angyus
    Section Image
  • Donavon Miller

    Buyer's Agent in 2020

    Donavon Miller

    Knipe Realty ERA Powered

    (971) 470-2875

    2 in this area

    27 Total Sales

    Donavon Miller
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20310977

Regional Multiple Listing Service (RMLS)

APN: R0067340

Oregon Washington County Portland 97225

2340 SW 87th Ave, Portland, OR

This home is located at 2340 SW 87th Ave, Portland, OR 97225 since 01 October 2020 and is currently estimated at $845,814, approximately $444 per square foot. This property was built in 1930. 2340 SW 87th Ave is a home located in Washington County with nearby schools including Ridgewood Elementary School, Cedar Park Middle School, and Beaverton High School.

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