NOT LISTED FOR SALE

2858 SE 87th Ave Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $412,000 - $531,000

2 Beds
2 Baths
1,144 Sq Ft
$394/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $230,500 $201 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,720/month

15 Days on Market

Highlights

  • Private Lot
  • Views
  • Gated Home
  • Harrison Park School Rated 9+

About This Home

As of March 2014

ZONING R2, LOT SIZE 13231 SQFT, POSSIBILITY OF FUTURE DEVELOPMENT. BUYER DUE DILIGENCE. Welcome to This Huge Beautiful Serene Property That Features an Electronic Wrought Iron Gate for Your Family Privacy. Minutes to Highway, I-205, I-84. Centrally Located Nearby PCC.

Last Agent to Sell the Property

MEI CHEN

MORE Realty License #200305102 Listed on: 02/16/2014

MORE Realty

Last Buyer's Agent

Carol Scalf

John L. Scott Portland Metro License #900600057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,344

Lot Details

  • Property fronts a private road
  • Gated Home
  • Private Lot
  • Secluded Lot
  • Property is zoned R-2

Additional Features

  • Property Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,344

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: JOHNSTON AC, BLOCK 3, LOT 6&11 TL 6600

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • View: Trees/Woods
  • View: Yes

Utilities

  • Utilities: Electricity Connected

Association/Amenities

  • Existing Structures Description: Driveway, Fenced, Residence, Storage
  • Existing Structures: Yes

Lot Info

  • Lot Description: Private, Secluded, Private Road, Gated
  • Acres: 0.30
  • Zoning: R-2
  • Present Use: Residential
  • Topography: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 1889.49
  • Assessor Parcel Number: R193392

MLS Schools

  • Elementary School: Harrison Park
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2014
Closed on
Mar 27, 2014
Sold by
Chen Yi Jing
Bought by
Hill Caroline and Hill Ryan
Seller's Agent
MEI CHEN
MORE Realty
Buyer's Agent
Carol Scalf
John L. Scott Portland Metro
List Price
$239,900
Sold Price
$230,500
Premium/Discount to List
-$9,400
-3.92%
Current Estimated Value
$450,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,987
Avg. Annual Appreciation
5.95%
Original Mortgage
$218,795
Outstanding Balance
$164,779
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$285,708

Purchase Details

Closed on
May 14, 2013
Sold by
Federal National Mortgage Association
Bought by
Chen Yi Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,300
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2012
Sold by
Mcniven Cameron D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 17, 2001
Sold by
Mcniven Epperson Tracy Jule
Bought by
Mcniven Cameron D
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Hill Caroline $230,500 Wfg Title
Chen Yi Jing $115,000 Nextitle
Federal National Mortgage Association $92,888 Fatco
Mcniven Cameron D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Caroline $218,795
Previous Owner Chen Yi Jing $113,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $230,500 -3.9% $201 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/16/2014 02/16/14 For Sale $239,900 -- $210 / 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 $4,344 $161,210 -- --
2024 $4,188 $156,520 -- --
2023 $4,027 $151,970 $0 $0
2022 $3,940 $147,550 $0 $0
2021 $3,873 $143,260 $0 $0
2020 $3,553 $139,090 $0 $0
2019 $3,423 $135,040 $0 $0
2018 $3,322 $131,110 $0 $0
2017 $3,184 $127,300 $0 $0
2016 $2,914 $123,600 $0 $0
2015 $2,838 $120,000 $0 $0
2014 $2,795 $116,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    MEI CHEN

    MORE Realty

    (503) 354-6867

    3 in this area

    57 Total Sales

    MEI CHEN
    Section Image

  • C

    Buyer's Agent in 2014

    Carol Scalf

    John L. Scott Portland Metro

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14683029

Regional Multiple Listing Service (RMLS)

APN: R193392

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

2858 SE 87th Ave, Portland, OR

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