NOT LISTED FOR SALE

2435 SW 87th Ave Portland, OR 97225

Estimated Value: $701,000 - $782,000

4 Beds
3 Baths
2,560 Sq Ft
$288/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $530,000 $207 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,579/month

10 Days on Market

Highlights

  • Deck
  • Private Lot
  • 1 Fireplace
  • Ridgewood Elementary School Rated A-
  • Wood Flooring
  • Security System Owned

About This Home

As of January 2021

Classic 1940 Cape Cod cottage on a private .96 acres in the SW Hills on a quiet dead-end street. 4 bedrooms,3 level home with a full bath on each level. Newly resurfaced deck overlooking fenced area of backyard and gardeners delight. Lower level has bonus room, laundry and large storage area. Minutes/blocks to all amenities.

Last Agent to Sell the Property

Justin Harnish

Harnish Company Realtors License #200112017 Listed on: 11/23/2020

Co-Listed By

Errol Bradley

Harnish Company Realtors License #200505082

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

  • $6,689

Year Built

  • Built in 1940

Lot Details

  • Private Lot
  • Gentle Sloping Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Security System Owned

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,689

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Capecod, Traditional
  • Sq Ft Calculated: 1520
  • Sq Ft Approximate Total: 2560
  • Stories: 3
  • Year Built: 1940
  • Property Condition: Resale
  • Remarks Public: Classic 1940 Cape Cod cottage on a private .96 acres in the SW Hills on a quiet dead-end street. 4 bedrooms,3 level home with a full bath on each level. Newly resurfaced deck overlooking fenced area of backyard and gardeners delight. Lower level has bonus room, laundry and large storage area. Minutes/blocks to all amenities.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Walk in Closet
  • Additional Rooms: 4th Bedroom
  • All Room Features: Built-in Features, Fireplace, Walk in Closet
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 3.0
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Range
  • Legal Description: ACRES .96
  • Sq Ft Lower Level: 1040
  • Sq Ft Main Level: 1040
  • Upper Level Sq Ft: 480
  • Bedrooms: 4
  • Master Bedroom: On Level: Main,Dimensions: 11x12
  • Bedroom 2: On Level: Main,Dimensions: 12x12
  • Bedroom 3: On Level: Upper,Dimensions: 12x12
  • Full Bathrooms: 3
  • Basement: Full Basement, Partial Basement, Partially Finished
  • Dining Room: On Level: Main,Dimensions: 9x14
  • Family Room: On Level: Lower,Dimensions: 14x26
  • Living Room: Features: Fireplace,On Level: Main,Dimensions: 14x16
  • Kitchen: On Level: Main,Dimensions: 10x15
  • Additional Room 1: Description: 4th Bedroom,Features: Walk in Closet,On Level: Upper,Dimensions: 12x13
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 1

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Deck
  • Lot Size: 20K-.99AC
  • Roof Type: Metal
  • Foundation Details: Slab
  • Additional Structure Supplement: No

Garage/Parking

  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Security System Owned

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Private, Gentle Sloping
  • Acres: 0.96
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 5492.24
  • Assessor Parcel Number: R0067554
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 7, 2021
Sold by
Dennis Barry
Bought by
Bishop Ian and Lopez Suguei Almoguer
Seller's Agent
Justin Harnish
Harnish Company Realtors
Buyer's Agent
Donavon Miller
Knipe Realty ERA Powered
List Price
$598,000
Sold Price
$530,000
Premium/Discount to List
-$68,000
-11.37%
Current Estimated Value
$738,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,309
Avg. Annual Appreciation
6.84%
Original Mortgage
$503,500
Outstanding Balance
$454,418
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$264,957

Purchase Details

Listed on
Jun 16, 2017
Closed on
Jul 6, 2017
Sold by
Wilhelm Susan and Wilhelm Susan F
Bought by
Dennis Barry
Seller's Agent
Randy Bylsma
Premiere Property Group, LLC
Buyer's Agent
Nate Neubauer
Where, Inc
List Price
$475,000
Sold Price
$479,500
Premium/Discount to List
$4,500
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%

Purchase Details

Closed on
Jun 4, 2004
Sold by
Wilhelm Rudie
Bought by
Wilhelm Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 10, 1998
Sold by
Wilhelm Rudie and Wilhelm Susan F
Bought by
Wilhelm Rudie and Wilhelm Susan F
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
Bishop Ian $530,000 Wfg Title
Dennis Barry $479,500 Fidelity Natl Title Co Of Or
Wilhelm Susan -- --
Wilhelm Rudie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Ian $75,000
Open Bishop Ian $503,500
Previous Owner Wilhelm Susan $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $530,000 -11.4% $207 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $598,000 +24.7% $234 / Sq Ft
07/07/2017 07/07/17 Sold $479,500 +0.9% $187 / Sq Ft
06/24/2017 06/24/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $475,000 -- $186 / 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 $6,689 $368,410 -- --
2024 $6,284 $357,680 -- --
2023 $6,284 $347,270 $0 $0
2022 $6,070 $347,270 $0 $0
2021 $5,852 $327,340 $0 $0
2020 $5,675 $317,810 $0 $0
2019 $5,492 $308,560 $0 $0
2018 $5,313 $299,580 $0 $0
2017 $5,122 $290,860 $0 $0
2016 $4,939 $282,390 $0 $0
2015 $4,751 $274,170 $0 $0
2014 $4,663 $266,190 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Harnish

    Seller's Agent in 2021

    Justin Harnish

    Harnish Company Realtors

    (503) 699-8483

    1 in this area

    313 Total Sales

    Justin Harnish
    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Errol Bradley

    Harnish Company Realtors

    (503) 807-1460

    1 in this area

    222 Total Sales

    Errol Bradley
    Section Image
  • Donavon Miller

    Buyer's Agent in 2021

    Donavon Miller

    Knipe Realty ERA Powered

    (971) 470-2875

    2 in this area

    27 Total Sales

    Donavon Miller
    Section Image
  • Randy Bylsma

    Seller's Agent in 2017

    Randy Bylsma

    Premiere Property Group, LLC

    (503) 577-0200

    121 Total Sales

    Randy Bylsma
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Lauren Kelso

    Premiere Property Group, LLC

    (503) 703-8053

    30 Total Sales

    Lauren Kelso
    Section Image
  • Nate Neubauer

    Buyer's Agent in 2017

    Nate Neubauer

    Where, Inc

    (503) 929-3782

    84 Total Sales

    Nate Neubauer
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20375728

Regional Multiple Listing Service (RMLS)

APN: R0067554

Oregon Washington County Portland 97225

2435 SW 87th Ave, Portland, OR

This home is located at 2435 SW 87th Ave, Portland, OR 97225 since 23 November 2020 and is currently estimated at $738,309, approximately $288 per square foot. This property was built in 1940. 2435 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.

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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