NOT LISTED FOR SALE

2440 SW 87th Ave Portland, OR 97225

Estimated Value: $248,000

1 Bed
1 Bath
787 Sq Ft
$103/mo HOA Fee

Last Sold May 03, 2024

Last sale price $379,218 $482 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $1,910/month

41 Days on Market

Highlights

  • View of Trees or Woods
  • Secluded Lot
  • Wood Flooring
  • Ridgewood Elementary School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of May 2024

Come be a part of a small community located on a quiet, dead end street in a well established neighborhood in the SW Hills. A place where charm meets serenity, with old growth trees and the peaceful sound of the nearby creek. Updated and move-in ready with much of its original charm intact. Featuring hardwood floors, wood paneling & ceilings, french doors, and built-ins. Brand new kitchen cabinets, stainless appliances, granite countertops, and tile backsplash. New bathroom, gas furnace, and electrical panel. Roof/2016. Washer/Dryer in laundry room included. Lots of extra space with the partially finished attic & unfinished basement. Don't miss out on this storybook home!

Last Agent to Sell the Property

Brook Marlowe

eXp Realty, LLC Brokerage Phone: License #201237380 Listed on: 02/23/2024

eXp Realty, LLC

Last Buyer's Agent

Alexsandra Stewart

RE/MAX Equity Group License #200506219

RE/MAX Equity Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,190

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • Gentle Sloping Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $103 Monthly HOA Fees

Property Views

  • Woods
  • Creek or Stream

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 787 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R67402

Community Details

Overview

  • 3 Units
  • Three Peaceful Houses Association

Amenities

  • Courtyard
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,190

Year Built

Built in 1935 | Remodeled

Lot Details

0

HOA Fees

$103 per month

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1935
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Condominium
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: No
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: No
  • CondominiumUnitsInComplex: 3
  • CondominiumWasherDryer: IncludedInUnit
  • CondominiumYardYN: Yes
  • Open House: No
  • CondominiumTotalLevels: 1
  • Special Features: None

Interior Features

  • Accessibility Features: MainFloorBedroomBath
  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Interior Amenities: HardwoodFloors, Wainscoting, WasherDryer
  • Basement: Unfinished
  • Appliances: Granite, Pantry, StainlessSteelAppliance, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Stories: 1
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 13 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • View: Yes
  • Lot Features: Commons, GentleSloping, Secluded, Trees, Wooded
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: CreekStream,TreesWoods

Garage/Parking

  • Attached Garage: No
  • CondominiumGarageType: Other
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Gas,WoodBurning
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: DetachedCondo
  • Association Amenities: Commons
  • Senior Community: No
  • Association Fee: 103.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: TBD
  • CondominiumAssociationEmail: TBD
  • CondominiumAssociationName: Three Peaceful Houses
  • CondominiumAssociationPhone: 000-000-0000
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: R67402

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 2190.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Foreclosed Homeowner Solutions Llc
Bought by
Parks Alison
Current Estimated Value
$248,000

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 8, 2024
Sold by
Foreclosed Homeowner Solutions Llc
Bought by
Demerritt Deidre Erin
Seller's Agent
Brook Marlowe
eXp Realty, LLC
Buyer's Agent
Alexsandra Stewart
RE/MAX Equity Group
List Price
$375,000
Sold Price
$379,218
Premium/Discount to List
$4,218
1.12%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,331
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 5, 2024
Sold by
Foreclosed Homeowner Solutions Llc
Bought by
Barnes Robert
Seller's Agent
Brook Marlowe
eXp Realty, LLC
Buyer's Agent
Alexsandra Stewart
RE/MAX Equity Group
List Price
$375,000
Sold Price
$379,218
Premium/Discount to List
$4,218
1.12%
Views
153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,331
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2017
Sold by
Greenfield James R
Bought by
Foreclosed Homeowner Solutions Llc

Purchase Details

Closed on
Jul 20, 2016
Sold by
Griest Wade
Bought by
Greenfield James R

Purchase Details

Closed on
Sep 7, 2001
Sold by
Lewis Jessie and Griest Jessie
Bought by
Griest Wade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.99%

Purchase Details

Closed on
May 22, 1996
Sold by
Griest Wade
Bought by
Griest Wade and Griest Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
10.69%
Mortgage Type
Purchase Money Mortgage
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
Parks Alison $249,900 First American Title
Demerritt Deidre Erin $379,218 First American Title
Barnes Robert $375,000 First American Title
Foreclosed Homeowner Solutions Llc -- None Available
Greenfield James R $335,000 Lawyers
Griest Wade -- Ticor Title
Griest Wade -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demerritt Deidre Erin $322,331
Previous Owner Barnes Robert $356,250
Previous Owner Griest Wade $165,550
Previous Owner Griest Wade $147,000
Previous Owner Griest Wade $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $379,218 +1.1% $482 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $375,000 -1.1% $476 / Sq Ft
03/05/2024 03/05/24 Off Market $379,218 -- --
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $375,000 -- $476 / 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
2024 $5,474 $355,560 -- --
2023 $5,474 $302,330 $0 $0
2022 $5,286 $302,330 $0 $0
2021 $5,096 $284,990 $0 $0
2020 $4,942 $276,690 $0 $0
2019 $4,783 $268,640 $0 $0
2018 $4,627 $260,820 $0 $0
2017 $4,461 $253,230 $0 $0
2016 $4,301 $245,860 $0 $0
2015 $4,138 $238,700 $0 $0
2014 $4,062 $231,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24309155

Regional Multiple Listing Service (RMLS)

APN: R0067402