NOT LISTED FOR SALE

3004 SE 85th Ave Portland, OR 97266

Powellhurst-Gilbert Neighborhood

Estimated Value: $308,000 - $421,000

2 Beds
1 Bath
1,500 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $245,000 $163 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,301/month

12 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Covered Deck
  • Private Yard
  • Soaking Tub
  • Living Room

About This Home

As of August 2023

With a bit of TLC and a vision for restoration, this fixer-upper represents a fantastic investment opportunity. With 2 bedrooms, 1 bath, plus a generously sized attic space for a possible bedroom or office. Conveniently located in the Powellhurst-Gilbert neighborhood. Walk to bus stop, Fubonn Shopping Center, PCC, popular restaurants and so much more! Easy access to I-205 and MAX. Bring your contractors and designers to revitalize this classic residence. Buyer to do due diligence on the sqft of the home and school. The property has been sub-divided into 4 lots. The home is located on Lot #1, please see the lot layout. Lot #1 is 43.12' X 75.50'. The other 3 lots are also available for purchase. $130,000 for Lot #2, $130,000 for Lot #3, $180,000 for Lot #4.

Last Agent to Sell the Property

Li Lanz

Li Lanz Properties, LLC Brokerage Email: li@lilanzproperties.com License #200308290 Listed on: 07/25/2023

Last Buyer's Agent

Michael Bryant

Berkshire Hathaway HomeServices NW Real Estate License #910100102

Berkshire Hathaway HomeServices NW Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 43 x 75.5
  • Corner Lot
  • Private Yard
  • Property is zoned RM1

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Soaking Tub

Outdoor Features

  • Covered Deck

Schools

  • Harrison Park Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R193466

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,092

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1926
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: LaminateFlooring, Laundry, SoakingTub, VinylFloor
  • Basement: CrawlSpace
  • Appliances: FreeStandingRange, FreeStandingRefrigerator, RangeHood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 104
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Other Room9 Area: 200
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: ShingleSiding
  • Exterior Features: CoveredDeck, Yard
  • Lot Size: 0K to 2,999 SqFt
  • View: No
  • Lot Features: CornerLot
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Harrison Park
  • High School: Franklin
  • Middle Or Junior School: Harrison Park

Lot Info

  • Zoning: RM1
  • Lot Size: 43 X 75.5
  • Parcel #: R193466

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4092.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 18, 2023
Sold by
Yu Guo Xiong and Lee Nancy Tsai
Bought by
Abdi Jemal
Seller's Agent
Li Lanz
Li Lanz Properties, LLC
Buyer's Agent
Michael Bryant
Berkshire Hathaway HomeServices NW Real Estate
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Views
157
Current Estimated Value
$362,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,799
Avg. Annual Appreciation
22.95%

Purchase Details

Closed on
Jul 12, 2022
Sold by
Mei And Tam Revocable Living Trust
Bought by
Yu Guo Xiong

Purchase Details

Closed on
Dec 20, 2012
Sold by
Tam Mei To
Bought by
Tam Mei To and Mei To Tam Revocable Living Trust

Purchase Details

Closed on
Aug 16, 2007
Sold by
Patterson Troy A
Bought by
Tam Mei To

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Abdi Jemal $245,000 First American Title
Yu Guo Xiong -- None Listed On Document
Tam Mei To -- None Available
Tam Mei To $235,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tam Mei To $176,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $245,000 -5.4% $163 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $259,000 -18.8% $173 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $319,000 -- $213 / 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
2023 $3,499 $132,060 $0 $0
2022 $4,092 $153,250 $0 $0
2021 $4,023 $148,790 $0 $0
2020 $3,691 $144,460 $0 $0
2019 $3,555 $140,260 $0 $0
2018 $3,451 $136,180 $0 $0
2017 $3,307 $132,220 $0 $0
2016 $3,027 $128,370 $0 $0
2015 $2,947 $124,640 $0 $0
2014 $2,903 $121,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Li Lanz

    Seller's Agent in 2023

    Li Lanz

    Li Lanz Properties, LLC

    (503) 936-4154

    15 in this area

    203 Total Sales

    Li Lanz
    Section Image
  • Michael Bryant

    Buyer's Agent in 2023

    Michael Bryant

    BHHS Oregon- Northwest

    (503) 330-9064

    2 in this area

    29 Total Sales

    Michael Bryant
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23237280

Regional Multiple Listing Service (RMLS)

APN: R193466

Oregon Multnomah County Portland 97266 Powellhurst-Gilbert

3004 SE 85th Ave, Portland, OR

This home is located at 3004 SE 85th Ave, Portland, OR 97266 since 25 July 2023 and is currently estimated at $362,799, approximately $241 per square foot. This property was built in 1926. 3004 SE 85th Ave is a home located in Multnomah County with nearby schools including Harrison Park School, Leodis V. McDaniel High School, and Grace Lutheran 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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