$375,000
SOLD MAY 2, 2025

2607 SE 115th Ave Portland, OR 97266

Powellhurst-Gilbert Neighborhood
0.55 Acre
$681,818 Price per Acre
23,958 Sq Ft Lot

Recently Sold

$441 Per Sq Ft

25% Below List Price

233 Days on Market

Highlights

  • 0.55 Acre Lot
  • Separate Outdoor Workshop
  • Level Lot
  • No HOA
  • Fenced
  • 1-minute walk to West Powelhurst City Park

About This Lot

As of May 2025

The seller was in the process of dividing 4 lots, process is 90% completed. Potential four lots plus a house with 2 bedrooms, 1 bathroom, a laundry room and a workshop. Most of the value is in the land. Please note that buyers are responsible for conducting their due diligence, ensuring all aspects of the property align with their requirements and conform to local regulations. Don't miss out on this incredible opportunity to secure a valuable investment with the potential for significant financial rewards. Take the first step towards creating your own real estate success story by scheduling a viewing today! The workshop is not included in the sale.

Last Agent to Sell the Property

Mini Navarrete

Metro West Realty License #201233157 Listed on: 08/15/2024

Last Buyer's Agent

Todd Gang

ECOPRO Realty Group License #980700160

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,459

Lot Details

  • 0.55 Acre Lot
  • Fenced
  • Level Lot

Additional Homes

  • Residence on Property

Schools

  • W Powellhurst Elementary School
  • Ron Russell Middle School
  • David Douglas High School

Listing and Financial Details

  • Assessor Parcel Number R215139

Community Details

Overview

  • No Home Owners Association

Recreation

  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$3,459

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Other Structures: Fenced, Residence, Workshop

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, PhoneConnected, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: W Powellhurst
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell

Lot Info

  • Zoning: Resid
  • Present Use: Residential
  • Land Description: Level
  • Land Lease: No
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 23958.0
  • Parcel #: R215139

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3458.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Apr 8, 2025
Sold by
Sumano Leonardo Garcia and De Garcia Columba
Bought by
Guerrero Jorge Adrian and Bobadilla Graciela Montoya
Seller's Agent
Mini Navarrete
Metro West Realty
Buyer's Agent
Todd Gang
ECOPRO Realty Group
List Price
$500,000
Sold Price
$375,000
Premium/Discount to List
-$125,000
-25%
Views
88
Current Estimated Value
$370,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,552
Avg. Annual Appreciation
-7.77%
Original Mortgage
$363,750
Outstanding Balance
$363,432
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$802

Purchase Details

Listed on
Mar 22, 2017
Closed on
Jan 11, 2019
Sold by
Khalilov Ismael
Bought by
Diaz Sumano Leonardo Garcia and Diaz De Garcia Columba
Seller's Agent
Vladimir Matveyev
MORE Realty
Buyer's Agent
Randi Ausland
Metro West Realty
List Price
$329,900
Sold Price
$275,000
Premium/Discount to List
-$54,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$235,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2012
Sold by
Lenske Properties Llc
Bought by
Khalilov Ismail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 First American Title
Warranty Deed $275,000 Fidelity Natl Title Of Or
Warranty Deed $149,900 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $363,750 New Conventional
Previous Owner $242,900 New Conventional
Previous Owner $235,000 Commercial
Previous Owner $100,000 New Conventional
Previous Owner $132,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $375,000 +1.4% $441 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $370,000 -11.9% $435 / Sq Ft
12/04/2024 12/04/24 Price Changed $420,000 -11.6% $494 / Sq Ft
10/16/2024 10/16/24 Price Changed $475,000 -5.0% $559 / Sq Ft
08/15/2024 08/15/24 For Sale $500,000 +81.8% $588 / Sq Ft
01/14/2019 01/14/19 Sold $275,000 -16.6% $324 / Sq Ft
01/03/2019 01/03/19 Pending -- -- --
03/22/2017 03/22/17 For Sale $329,900 -- $388 / 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 $3,616 $151,560 -- --
2023 $3,616 $147,150 $0 $0
2022 $3,278 $142,870 $0 $0
2021 $3,225 $138,710 $0 $0
2020 $2,921 $134,676 $0 $0
2019 $2,447 $113,120 $0 $0
2018 $2,372 $109,830 $0 $0
2017 $2,284 $106,640 $0 $0
2016 $2,224 $103,540 $0 $0
2015 $2,171 $100,530 $0 $0
2014 $2,130 $97,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Mini Navarrete

    Metro West Realty

    (503) 330-8277

    1 in this area

    55 Total Sales

    Mini Navarrete
    Section Image
  • Todd Gang

    Buyer's Agent in 2025

    Todd Gang

    ECOPRO Realty Group

    (855) 326-7767

    12 in this area

    142 Total Sales

    Todd Gang
    Section Image

  • V

    Seller's Agent in 2019

    Vladimir Matveyev

    MORE Realty

    (503) 481-3226

    7 Total Sales

    Vladimir Matveyev
    Section Image

  • R

    Buyer's Agent in 2019

    Randi Ausland

    Metro West Realty

    (503) 692-3050

    29 Total Sales

    Randi Ausland
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24270108

Regional Multiple Listing Service (RMLS)

APN: R215139

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

2607 SE 115th Ave, Portland, OR

This home is located at 2607 SE 115th Ave, Portland, OR 97266 and is currently priced at $375,000, approximately $441 per square foot. 2607 SE 115th Ave is a home located in Multnomah County with nearby schools including West Powellhurst Elementary School, Ron Russell Middle School, and David Douglas 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.

Nearby Homes