NOT LISTED FOR SALE

2868 NE Rocky Butte Rd Portland, OR 97220

Madison South Neighborhood

Estimated Value: $694,000 - $868,733

3 Beds
3 Baths
3,367 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $800,000 $238 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,061/month

Highlights

  • Bluff on Lot
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • Covered Deck
  • Wood Flooring
  • 1 Fireplace

About This Home

As of March 2021

Amazing westerly views of PDX Skyline! Custom built w/ dramatic, vaulted Doug Fir ceilings, open floor plan, gourmet kitchen, living room w/ gorgeous fireplace plus a large office on the main. Lower level includes 2nd living room/work out area & laundry. Luxurious master suite w/ with soak tub, newly built sauna & walk-in closet. Boasting multiple IPE wood covered decks, floor to ceiling windows, great insulation & lots of storage. Ideal for entertaining friends year-round w/ great views!

Last Agent to Sell the Property

Matt Mahaffy

Windermere Realty Trust License #200205006 Listed on: 10/09/2020

Windermere Realty Trust

Last Buyer's Agent

Claire Paris

Paris Group Realty LLC License #200309285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,670

Year Built

  • Built in 2017

Lot Details

  • Bluff on Lot
  • Sloped Lot
  • Property is zoned R7

Parking

  • Attached Garage
  • Oversized Parking
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Double Pane Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Covered Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,670

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Contemporary, NW Contemporary
  • Sq Ft Calculated: 1505
  • Sq Ft Approximate Total: 3367
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2017
  • Property Condition: Resale
  • Remarks Public: Amazing westerly views of PDX Skyline! Custom built w/ dramatic, vaulted Doug Fir ceilings, open floor plan, gourmet kitchen, living room w/ gorgeous fireplace plus a large office on the main. Lower level includes 2nd living room/work out area & laundry. Luxurious master suite w/ with soak tub, newly built sauna & walk-in closet. Boasting multiple IPE wood covered decks, floor to ceiling windows, great insulation & lots of storage. Ideal for entertaining friends year-round w/ great views!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Garage on Main
  • Additional Rooms: Laundry, Sauna, Storage
  • All Room Features: Balcony, Coved, Fireplace, Gourmet Kitchen, Great Room, Hardwood Floors, Island, Pantry, Sauna, Suite, Vaulted Ceiling(s), Walk-in Shower, Walk in Closet, Wall to Wall Carpet, Soaking Tub, Wood Floors, Granite
  • Lower Level Bathrooms: 2.0
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Hardwood Floors, Laundry, Vaulted Ceiling(s), Wall to Wall Carpet, High Ceilings, Jetted Tub, Soaking Tub, Wood Floors, Granite
  • Kitchen Appliances: Gas Appliances, Island, Pantry, Free-Standing Range, Granite, Stainless Steel Appliance(s), Range Hood
  • Legal Description: OLYMPUS ESTATES, BLOCK 1, LOT 14
  • Sq Ft Lower Level: 1862
  • Sq Ft Main Level: 1505
  • Bedrooms: 3
  • Master Bedroom: Features: Balcony, Sauna, Suite, Walk-in Shower, Walk in Closet, Soaking Tub,On Level: Lower
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Finished, Full Basement
  • Dining Room: Features: Hardwood Floors, Vaulted Ceiling(s),On Level: Main
  • Family Room: Features: Wall to Wall Carpet,On Level: Lower
  • Living Room: Features: Fireplace, Great Room, Vaulted Ceiling(s), Wood Floors,On Level: Main
  • Kitchen: Features: Gourmet Kitchen, Hardwood Floors, Island, Pantry, Granite,On Level: Main
  • Additional Room 1: Description: Laundry,On Level: Lower
  • Additional Room 2: Description: Storage,On Level: Lower
  • Additional Room 3: Description: Sauna,On Level: Lower
  • Bathrooms Lower Level Full: 2
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Brick, Lap Siding, Wood Siding
  • Exterior Features: Deck, Covered Deck
  • Lot Size: 7K-9,999SF
  • Lot Dimensions: 60x116x80x83
  • Roof Type: Composition
  • View: City, Valley, Territorial
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached, Oversized
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Forced Air, Heat Pump

Schools

  • Elementary School: Jason Lee
  • Middle School: Roseway Heights
  • High School: Madison

Lot Info

  • Lot Description: Sloped, Bluff
  • Acres: 0.18
  • Zoning: R7

Tax Info

  • Tax Amount: 6091.94
  • Assessor Parcel Number: R230424
  • Tax Year: 2019

MLS Schools

  • Elementary School: Jason Lee
  • High School: Madison
  • Middle School: Roseway Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Feb 26, 2021
Sold by
Mederos Robert and Mederos Traci
Bought by
Perry John Thomas
Seller's Agent
Matt Mahaffy
Windermere Realty Trust
Buyer's Agent
Claire Paris
Paris Group Realty LLC
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$804,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,933
Avg. Annual Appreciation
0.13%
Original Mortgage
$640,000
Outstanding Balance
$573,715
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$231,218

Purchase Details

Closed on
Feb 12, 2016
Sold by
Mederos Robert D
Bought by
Mederos Robert and Mederos Traci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2014
Sold by
Gemma David L
Bought by
Mederos Robert D
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 Buyer Sale Price Title Company
Perry John Thomas $800,000 Wfg Title
Mederos Robert -- First American
Mederos Robert D $45,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry John Thomas $640,000
Previous Owner Mederos Robert $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $800,000 0.0% $238 / Sq Ft
01/08/2021 01/08/21 Off Market $800,000 -- --
12/03/2020 12/03/20 For Sale $850,000 0.0% $252 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $850,000 -- $252 / 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 $9,670 $363,640 -- --
2023 $9,303 $353,050 $0 $0
2022 $9,092 $342,770 $0 $0
2021 $8,941 $332,795 $0 $0
2020 $6,326 $249,470 $0 $0
2019 $6,092 $242,206 $0 $0
2018 $4,202 $167,146 $0 $0
2017 $2,485 $68,620 $0 $0
2016 $1,559 $66,630 $0 $0
2015 $1,509 $64,690 $0 $0
2014 $1,297 $62,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Mahaffy

    Seller's Agent in 2021

    Matt Mahaffy

    Windermere Realty Trust

    (503) 936-3511

    1 in this area

    118 Total Sales

    Matt Mahaffy
    Section Image
  • Claire Paris

    Buyer's Agent in 2021

    Claire Paris

    Paris Group Realty LLC

    (503) 998-4878

    6 in this area

    521 Total Sales

    Claire Paris
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20256140

Regional Multiple Listing Service (RMLS)

APN: R230424

Oregon Multnomah County Portland 97220 Madison South

2868 NE Rocky Butte Rd, Portland, OR

This home is located at 2868 NE Rocky Butte Rd, Portland, OR 97220 since 09 October 2020 and is currently estimated at $804,933, approximately $239 per square foot. This property was built in 2017. 2868 NE Rocky Butte Rd is a home located in Multnomah County with nearby schools including Jason Lee Elementary School, Roseway Heights School, and Leodis V. McDaniel 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