NOT LISTED FOR SALE

7203 SE 85th Ave Portland, OR 97266

Lents Neighborhood

Estimated Value: $238,000 - $345,018

2 Beds
1 Bath
720 Sq Ft
$406/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $242,000 $336 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,786/month

12 Days on Market

Highlights

  • Wood Flooring
  • Wood Frame Window
  • Bungalow
  • No HOA
  • Living Room
  • Forced Air Heating System

About This Home

As of December 2024

Fixer-Upper Opportunity in SE Portland – 2 Bed, 1 Bath Home Ready for Your Vision! This 2-bedroom, 1-bathroom home, located near the vibrant Lents neighborhood and Glenwood Park, is a fabulous fixer opportunity! With plenty of potential, this home is ready for you to bring your creativity and transform it into a space you’ll love. Situated with easy access to I-205, as well as a variety of dining and entertainment options nearby, you’ll enjoy the best of both convenience and location. Whether you’re looking to renovate or completely reimagine the space, this fixer offers endless possibilities to make it your own. Don’t miss out on this exciting opportunity to create a home tailored to your vision! Room sizes are in photo section. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10234314]

Last Agent to Sell the Property

Robert DeRienzo

Opt Brokerage Phone: 503-908-4908 License #920700106 Listed on: 11/12/2024

Opt

Last Buyer's Agent

Lance Nguyen

Premiere Property Group, LLC License #201223304

Premiere Property Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1950

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R5

Parking

  • Driveway

Home Design

  • Bungalow
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Gilbert Hts Elementary School
  • Ron Russell Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Green Certified Home
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R172087

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,756

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1950
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Interior Amenities: HardwoodFloors
  • Basement: None
  • Window Features: AluminumFrames, WoodFrames
  • Appliances: FreeStandingRange
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Bedroom 7 Area: 99
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: AccessoryDwellingUnit
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Gilbert Hts
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell

Lot Info

  • Farm: No
  • Zoning: R5
  • Land Lease: No
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R172087

Green Features

  • Green Certification: Yes

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2756.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 28, 2024
Sold by
Parsons Clara L and Mcmahan Tyler D
Bought by
Nguyen Lance T and Nguyen Heather H
Seller's Agent
Robert DeRienzo
Opt
Buyer's Agent
Lance Nguyen
Premiere Property Group, LLC
List Price
$300,000
Sold Price
$242,000
Premium/Discount to List
-$58,000
-19.33%
Views
36
Current Estimated Value
$292,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,005
Avg. Annual Appreciation
32.21%

Purchase Details

Closed on
May 26, 2015
Sold by
Parsons Clara L
Bought by
Parsons Clara L and Mcmahan Tyler D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Parsons Clara L
Bought by
Parsons Clara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,750
Interest Rate
4.56%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Nguyen Lance T $242,000 First American Title
Nguyen Lance T $242,000 First American Title
Parsons Clara L -- First American
Parsons Clara L -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parsons Clara L $89,600
Previous Owner Parsons Clara L $135,750
Previous Owner Parsons Clara I $15,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $242,000 -19.3% $336 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/12/2024 11/12/24 For Sale $300,000 -- $417 / 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 $2,756 $103,010 -- --
2023 $2,650 $100,010 $0 $0
2022 $2,593 $97,100 $0 $0
2021 $2,549 $117,640 $0 $0
2020 $2,339 $114,220 $0 $0
2019 $2,253 $110,900 $0 $0
2018 $2,186 $107,670 $0 $0
2017 $2,096 $104,540 $0 $0
2016 $1,918 $81,340 $0 $0
2015 $1,868 $78,980 $0 $0
2014 $1,783 $76,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert DeRienzo

    Seller's Agent in 2024

    Robert DeRienzo

    Opt

    (503) 747-8272

    1 in this area

    40 Total Sales

    Robert DeRienzo
    Section Image
  • Lance Nguyen

    Buyer's Agent in 2024

    Lance Nguyen

    Premiere Property Group, LLC

    (503) 341-6733

    1 in this area

    17 Total Sales

    Lance Nguyen
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24029433

Regional Multiple Listing Service (RMLS)

APN: R172087

Oregon Multnomah County Portland 97266 Lents

7203 SE 85th Ave, Portland, OR

This home is located at 7203 SE 85th Ave, Portland, OR 97266 since 12 November 2024 and is currently estimated at $292,005, approximately $405 per square foot. This property was built in 1950. 7203 SE 85th Ave is a home located in Multnomah County with nearby schools including Kelly Elementary School, Lane Middle School, and Franklin 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.

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