$2,000,000
OPEN SAT 11AM - 2PM

Estimated payment $12,433/month

Total Views 946
4 Beds
4 Baths
4,456 Sq Ft
$449 Price per Sq Ft

Highlights

  • Popular Property
  • Spa
  • Deck
  • Forest Park Elementary School Rated A-
  • City View
  • Wood Flooring

About This Home

Welcome to 7131 NW Penridge Road, an architectural gem in one of Portland’s most storied neighborhoods.This Northwest Contemporary residence offers a blend of design integrity, privacy, and natural beauty-all just minutes from downtown, hiking, Washington Park, OHSU, Nike, and tech corridor. Sited on a high-elevation 0.7-acre 30,492 sq ft lot with an in-ground pool with diving board and new cover, raised garden beds, and expansive views from every window, the home invites you to experience every season in bloom and evergreen. The sweeping views are endless—you can discover so many special areas to relax, reflect, and entertain. Vaulted ceilings and floor-to-ceiling glass create a seamless indoor-outdoor flow, with a deck off the primary suite and curated landscaping throughout. The exterior was freshly painted in 2024, copper gutters, native trees, and a newly repaved street with updated city water lines. Electrical and plumbing are updated. The gourmet kitchen is equipped with Sub-Zero and Miele appliances, a custom artisan Spanish tile backsplash, dual dishwashers, and a thoughtfully designed island with deep storage drawers and secondary prep sink. All bathrooms have been remodeled, including a spa-inspired hall bath with steam shower and soaking tub. The primary suite includes an en suite bath, custom shelves, customized wardrobe, solar tubes bringing in natural light, and a sliding door to walk out to a large deck with jacuzzi tub to enjoy the evening sunset or morning coffee and sunrise. The main level offers 4 bedrooms and 3 bathrooms across 3,200 sq ft, while the 1,256 sq ft permitted ADU includes its own entrance, parking, kitchen, wine cellar, laundry, and bath, ideal for guests, or income. 572 sq ft garage and new Rachio irrigation. Located within the City of of Portland Urban Services Boundary, this home enjoys significantly lower property taxes—a unique advantage in an area celebrated for its serenity, privacy, and proximity to top-rated schools!

Listing Agent

Jessica Nieto

eXp Realty, LLC Brokerage Phone: 562-714-2176 License #201229404 Listed on: 07/17/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,255

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 0.7 Acre Lot
  • Property fronts a private road
  • Fenced
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Garden
  • Raised Garden Beds

Parking

  • 2 Car Attached Garage
  • Extra Deep Garage
  • Garage Door Opener
  • Driveway

Property Views

  • City
  • Woods
  • Territorial

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,456 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Intercom
  • Laundry Room

Kitchen

  • Convection Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub
  • Solar Tube

Basement

  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Parking

Outdoor Features

  • Spa
  • Deck
  • Covered patio or porch
  • Outdoor Water Feature

Schools

  • Forest Park Elementary School
  • West Sylvan Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Purifier
  • Water Softener
  • Sand Filter Approved
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R324636

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,255

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1957
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • Open House: Yes
  • Special Features: OpenHouse

Interior Features

  • Accessibility Features: GroundLevel, MainFloorBedroomBath, OneLevel, Parking
  • Total Bathrooms: 4.0
  • Fireplaces: 2
  • Interior Amenities: AccessoryDwellingUnit, CeilingFan, GarageDoorOpener, HardwoodFloors, HighCeilings, HighSpeedInternet, HookupAvailable, Intercom, Laundry, SoakingTub, SolarTube, Sprinkler, WaterSoftener
  • Basement: FullBasement, SeparateLivingQuartersApartmentAuxLivingUnit
  • Window Features: DoublePaneWindows
  • Appliances: BuiltinRange, ConvectionOven, Cooktop, Disposal, FreeStandingRefrigerator, GasAppliances, Island, Quartz, RangeHood, StainlessSteelAppliance, WaterPurifier, WineCooler
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • Main Level Full Bathrooms: 3
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 3.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt20000toAcres1
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: AccessoryDwellingUnit, CoveredPatio, Deck, Fenced, FreeStandingHotTub, Garden, GasHookup, InGroundPool, Patio, Porch, PrivateRoad, RaisedBeds, Spa, Sprinkler, WaterFeature, Yard
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: Yes
  • Lot Features: GentleSloping, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City,Territorial,TreesWoods

Garage/Parking

  • Garage Type: Attached,ExtraDeep
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir, ExhaustFan
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SandFiltered, SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Forest Park
  • High School: Lincoln
  • Middle Or Junior School: West Sylvan

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.7
  • Lot Size Sq Ft: 30492.0
  • Parcel #: R324636

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 16254.9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $15,827 $800,780 $0 $0
2022 $15,334 $777,460 $0 $0
2021 $14,581 $754,820 $0 $0
2020 $13,272 $732,840 $0 $0
2019 $13,051 $711,496 $0 $0
2018 $12,460 $670,590 $0 $0
2017 $12,042 $651,060 $0 $0
2016 $10,654 $632,100 $0 $0
2015 $10,305 $613,690 $0 $0
2014 $9,758 $595,820 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $2,000,000 -- $449 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed $1,150,000 Wfg Title
Interfamily Deed Transfer -- First American
Warranty Deed $800,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 Seller Take Back
Previous Owner $300,000 New Conventional
Previous Owner $20,000 Stand Alone Second
Previous Owner $507,000 No Value Available
Previous Owner $400,000 No Value Available
Closed $100,000 No Value Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 427902972

Regional Multiple Listing Service (RMLS)

APN: R324636